Peabody Union
Ray Hensler’s transformative Peabody Union project is set to open this spring.
The 4.6-acre mixed-use project, located on downtown’s riverfront, includes a six-story office building and a 27-story, 354-unit apartment tower.
The two buildings will both feature ground-level retail, creating a pedestrian experience with five food and beverage concepts and around a dozen retail brands. Hensler is spending $3.5 million on greenway improvements to “create a lot more engagement with the Cumberland River than there has ever been in Nashville.”
“We’re trying to create an experience that doesn’t exist in Nashville now in terms of retail, restaurants, public spaces, connection to greenways and proximity to downtown without necessarily being in the middle of the way of Broadway,” Hensler previously told the Business Journal.
The development is envisioned to be a catalyst for a new neighborhood altogether, dubbed South Bank, creating an escape from the hustle and bustle of Lower Broadway.