Real estate notes: Five Points business to expand

East Nashville-based Wagon Wheel Title is expanding, with the ownership entity targeting May to start work on a new structure to house the Five Points-area business.

Currently, the business operates from 2,000 square feet from the building located at 202 S. 11th St. The new office will be housed at 204 S. 11th.

“We’ve simply outgrown our current space,” said Brandon Miller, Wagon Wheel Title and Escrow LLC co-founder.

“It’s taken us quite a while, but after searching for a larger office space (a three- to four-year process) we had the opportunity to acquire the parcel next to our current office, and so we did,” Miller said. “We’ve been in East Nashville/Five Points right at 10 years now, so we really didn’t want to move as we are rather invested in the area and community at this point.

Building Ideas/David Baird Architect has designed the building (pictured) in which Wagon Wheel will move. Shaub Construction will be the general contractor for the project.

SoBro site sees work done 

Core drilling for soil samples has taken place on the SoBro site on which Fayetteville, West Virginia-based MountainShore Properties LLC is targeting what is believed to be a Hyatt House hotel building.

TriState Drilling LLC handled the work, with a Post reporter having seen the work Monday.

The multi-parcel site has addresses of 525, 527, 531 and 533 Fifth Ave. S. It was previously under contract to an entity that planned to develop a building to house offerings to an exclusive membership and to have been called Lyden.

Lance Bloom, a broker with the local office of CBRE, is listing the property for Towery. Tarek El Gammal and JC Darby of Southeast Venture are representing MountainShore Properties.

The morning daily notes the prospective developer is considering a Hyatt flag hotel for the site.

oneC1TY lands final tenant for first office building

oneC1TY developer Cambridge Holdings Inc. announced today that the Center for Medical Interoperability has finalized its lease and will move this fall from temporary space in Green Hills into a 16,000-square-foot headquarters office at 8 C1TY Boulevard.

According to a release, the lease marks the completion of office space available at 8 C1TY Boulevard, the first of multiple buildings (office, residential, retail and hotel) planned for the health and technology focused mixed-use community on Charlotte Avenue near the 28th/31st Avenue Connector.

The Center for Medical Interoperability is a national nonprofit organization serving member hospitals and health systems and dedicated to improving the way medical devices, health records and other information technology systems interact. The new office at oneC1TY will include a technology testing and certification lab with physical space, equipment and systems emulating the healthcare environment.

Bill Bundy, the center’s vice president for member services and operations, said Nashville’s “culture of collaboration, leadership in health care innovation and commitment to our mission” are an ideal home for the center.

Ryan Doyle serves as oneC1TY general manager, and is overseeing the development for Cambridge.

Crane action

The Fifth Avenue site on which work is underway for Olmsted SoBro is about to have a crane erected.

Olmsted SoBro (to be located a half-block north of the site on which the hotel referenced above will sit if built) will be a six-story 328-unit apartment building (read more here).

In contrast, the tower crane on the Thompson Nashville hotel construction site in The Gulch is being disassembled (see a photo by clicking on View Gallery within the above image).