The Real Deal Miami

Stiles and partner bid to build Nashville high-rise

Stiles Corporation and a condo developer would build a residential building up to 25 floors

July 31, 2016 02:00PM

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Terry Stiles

Stiles Corporation’s chairman and CEO Terry Stiles

Fort Lauderdale-based Stiles Corporation and a partner proposed a $178.8 million residential redevelopment of parking lot property in Nashville, Tennessee.

Stiles and condo developer Ray Hensler submitted a bid to build a residential building as tall as 25 stories plus an urban marketplace for retailers.

Nashville-based Hastings Architecture Associates released rendered images of the Stiles-Hensler project and an alternative project proposed by Nashville-based Eakin Partners.

Stiles-Hensler team and Eakin Partners each submitted a parking-lot redevelopment proposal to Nashville’s Metro Development and Housing Agency.

The Nashville redevelopment sites are located near the banks of the Cumberland River and a complex of offices and retail stores called Trolley Barns. [The Tennessean] — Mike Seemuth