505 (Nashville)

505
505 (Nashville) viewed from Broadway and 5th Ave on December 3, 2017. The Ryman Auditorium is on the right in the foreground.
Map
Former names
  • 505 CST
  • Paramount
General information
StatusCompleted
TypeResidential apartments
Location505 Church Street
Nashville, Tennessee
United States
Coordinates36°9′45.9″N 86°46′48.9″W / 36.162750°N 86.780250°W / 36.162750; -86.780250
Construction startedDecember 2015
Topped-outMay 18, 2017[1]
CompletedJanuary 2018
OpenedJanuary 2018
Height523 ft (159 m)[2]
Technical details
Floor count45[3]
Floor area403,000 sq ft (37,400 m2)[4]
Design and construction
Architecture firmSolomon Cordwell Buenz[3]
DeveloperGiarratana Development, LLC
Main contractorArcher Western Construction[5]
Website
505nashville.com

505, previously known as 505 CST and Paramount, is a residential skyscraper in downtown Nashville, Tennessee, located at the intersection of Fifth Avenue and Church Street. 505 stands on the location originally intended for the cancelled Signature Tower.[3] The 45-story building is 522 feet (159 m) tall[2] and feature 403,000 sq ft (37,400 m2) of floor space.[4] 505 is the tallest building in Nashville based on occupied floors,[6] and the third tallest overall behind the AT&T Building and the Four Seasons Hotel and Residences.[3] It includes 500 apartment units ranging from under 400 sq ft (37 m2) to more than 4,000 sq ft (370 m2),[6] with an option to later convert the top 175 units to condominiums.[4] Other planned areas include three retail spaces including an 8,000 sq ft (740 m2) ground-level restaurant,[6] a 45,000 sq ft (4,200 m2) amenity level,[4] and 690 parking spaces.[3] It is expected to cost US$169 million.[7] The architect is Solomon Cordwell Buenz.[3]

Preleasing opened in November 2016, with rents ranging from $1,500 to $6,300 per month (excluding penthouses).[7] The building topped out on May 18, 2017,[8] and opened to its first tenants on October 1, 2017 in advance of completion in January 2018.[5][6] 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.[7]

505 was named Best New Skyscraper in the 2017 Nashville Scene "Best of Nashville" awards.[9]

  1. ^ Cite error: The named reference nashpost20170517 was invoked but never defined (see the help page).
  2. ^ a b Cite error: The named reference nashpost20150916 was invoked but never defined (see the help page).
  3. ^ a b c d e f Cite error: The named reference nashbiz20150402 was invoked but never defined (see the help page).
  4. ^ a b c d Cite error: The named reference tennessean20150402 was invoked but never defined (see the help page).
  5. ^ a b Cite error: The named reference nashvillepost20170221 was invoked but never defined (see the help page).
  6. ^ a b c d Cite error: The named reference wtvf20170612 was invoked but never defined (see the help page).
  7. ^ a b c Cite error: The named reference tennessean20161102 was invoked but never defined (see the help page).
  8. ^ Cite error: The named reference tenn20170518 was invoked but never defined (see the help page).
  9. ^ Williams, William. "Best New Skyscraper". Nashville Scene. Retrieved November 13, 2017.