Residential development set to begin next to Trevecca

Residential development set to begin next to Trevecca

by | 24 Sep 2015

Construction is set to begin on Walden Village, a residential development adjacent to Trevecca Nazarene University, just south of downtown Nashville. The development was made possible by a partnership between the university and Parkside Builders, with assistance from Towne Creek Realty.

Once completed, Walden Village will include a collection of 34 homes — both cottages and townhomes — located on approximately three acres of land next to the campus. The project will be constructed in three phases. Phase 1, which includes 14 cottages and a five-unit townhome building, is already nearly sold out. The units will offer diverse streetscapes, low maintenance, and individual garages. Prices currently range from $213,900 to $254,900.

While the university encourages its employees to purchase homes in the development, Trevecca officials also hope the project will expand residential options for those looking to live near downtown Nashville.

“Walden Village is a dream come true," said Dan Boone, Trevecca president. "For many years, the Trevecca campus was enriched by neighbors who worked at the university and participated in the life of the campus. We are now at a pivotal moment of restoring a neighborhood around Trevecca. Walden Village is the first stage of this new initiative to bring vibrant neighborhoods around Trevecca.”

Trevecca closed on the property September 17. Mel and Chris Thompson of Towne Creek Realty were instrumental in the project and the ongoing relationship between Trevecca and Parkside Builders.

Randy Chastain of Parkside Builders said construction will begin on the site almost immediately.

“We cannot overstate how excited we are to work with Trevecca in bringing a variety of housing options to downtown Nashville,” Chastain said. “Located just minutes from Broadway, Trevecca’s expanding campus is creating an exciting new urban campus environment for housing. Instead of ‘West End,’ I like to think of it as the new ‘South End.’”

Phase 1 is expected to be complete around May 2016. It will take about a year and a half to finish the entire project.

With the help of Towne Creek Realty, Trevecca has also taken a great interest in creating diverse and affordable housing options near campus in a development called Walden Grove. In addition to the homes and townhomes in Walden Village, Walden Grove will include a multi-family apartment building to be built in the near future. 

--Trevecca Nazarene University

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