Status Under construction Estimated completion January 2018 Height 184 m Floor count 45 | Type Residential apartments Roof 543 ft (166 m) Floor area 4 ha Construction started December 2015 | |
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Location 505 Church StNashville, TennesseeUnited States Developer Giarratana Development, LLC Similar Fifth Third Center, Life & Casualty Tower, Viridian Tower, SunTrust Building, Nashville City Center | ||
505, previously known as 505 CST and Paramount, is a residential skyscraper currently under construction in downtown Nashville, Tennessee, located at the intersection of Fifth Avenue and Church Street. 505 will stand on the location originally intended for the cancelled Signature Tower. The 45-story building will be 543 feet (166 m) tall and feature 403,000 sq ft (37,400 m2) of floor space, making it the second tallest building in Nashville, behind the AT&T Building. It will contain 500 apartment units, with an option to convert the top 175 units as condominiums. Other planned areas include 1,500 sq ft (140 m2) of ground-level retail space, a 45,000 sq ft (4,200 m2) amenity level, and 690 parking spaces. It is expected to cost US$169 million. The architect is Solomon Cordwell Buenz.
Preleasing opened in November 2016, with rents ranging from $1,500 to $6,300 per month (excluding penthouses). The developers expect the building to "top out" on 18 May 2017, and open to its first tenants in October 2017 in advance of completion in January 2018. Initially, no sales are planned for 505. The investment and financing arrangements, including an investment from a real estate investment trust, do not allow for sales during construction.
