SomeraRoad and Trestle Studio are bringing two offerings to the Paseo South Gulch district of Nashville, Tennessee. One is called Pendry Nashville, and the other is Pendry Residences Nashville; both will offer a mix of residential, hotel and retail space.
The two developers have secured a $253 million construction loan, which was arranged by Walker & Dunlop's New York team. InterVest Capital Partners and Bank OZK were responsible for providing the financing itself.
Pendry Nashville will consist of 180 hotel rooms, while Pendry Residences will include 146 residencies that include open floor plans. Both brands will be a part of the same 30-story tower that also contains fitness centers, a library, meeting spaces, as well as a restaurant/bar and pool on the rooftop.
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