W
ood Partners, a prominent Atlanta-based developer, is poised to make its case before the Metro Council on Tuesday evening for a rezoning permit that will pave the way for a significant apartment complex in the Geodis Park area. The proposed development, dubbed Alta Herron, promises to bring 350 residential units and a five-level parking garage to a 4.09-acre site at 361 Herron Drive.

    The property, situated on what locals affectionately call Tech Hill, is currently zoned for industrial use, but Wood Partners will need to acquire the land from its current owners, Mohamid and Zary Rahimi, who purchased it in 2007 for $850,000. The site already boasts a mix of uses, including condominiums at Alloy, Matryoshka Coffee, and Bongo Java Roasting Co.

    Wood Partners has enlisted the expertise of Dynamik Design as architect and Kimley-Horn's local office for civil engineering and land planning duties. Interestingly, the project was initially set to appear before the Metro Planning Commission on November 14, but it seems that rezoning is still pending.

    In related news, Wood Partners is also working on a separate project in The Nations, which will bring two residential buildings with a combined total of 300 units. This development marks yet another addition to the company's portfolio of local projects.

    Meanwhile, downtown Nashville's iconic honky-tonk Legends Corner is set for an upgrade, with plans to revamp approximately 1,700 square feet on its back side. The project, which includes the addition of a bar, tables, and booth seating, will require approval from the Metro Historic Zoning Commission.

    In other real estate news, Midtown's Embassy Suites Nashville at Vanderbilt is poised to change hands for $57.5 million, a price tag that's roughly $9 million lower than its sale price 10 years ago. The property, which spans 1.25 acres and boasts 208 rooms, will be acquired by New York-based Reade Hotel Capital, a hotel investment company with a focus on high-end assets.