04
Jan

AC Hotel, State Volunteer Mutual Insurance Company announced for new space

 

H.G. Hill Realty Company is moving forward with phase two of Hill Center Brentwood, the $211 million mixed-use development spanning 17-acres at the intersection of Franklin Road and Maryland Way. The City of Brentwood’s Planning Commission voted unanimously to approve the plans at its Jan. 2 meeting for the developer’s hotel, office building, two retail buildings and a parking garage.

The approximately 92,950 square foot AC Hotel by Marriott will have 141 rooms and is located at the west end of the development abutting Maryland Way Park. Plans also include a 84,375 square foot office building adjacent to the hotel, two retail buildings containing 9,600 and 10,000 square feet, and a two-level, 315 space parking garage. A Paseo (pedestrian walkway) will be created to connect the hotel and office building to the park.

Spanish hotelier Antonio Catalan created the design-focused and European-inspired AC Hotel concept in 1998. Today, AC Hotel by Marriott has more than 90 locations in North America, Europe and Latin America, including a Nashville location opening in September 2018.

Doradus Partners, a boutique real estate development company located in Huntsville, Alabama will partner with H.G. Hill Realty Company on the hotel’s development and Yedla Management Company, also headquartered in Huntsville will manage the property. Construction will start in summer of 2018 and be completed in late 2019.

The phase two office building is 50 percent preleased, with its first tenant, State Volunteer Mutual Insurance Company, relocating its company to the new building once completed in early 2020. The additions will add 196,993 square feet to the current 237,828 square foot center, bringing the total square footage to 434,821. Once fully developed, the development will consist of approximately 600,000 square feet. For additional information about Hill Center Brentwood, including current retailers and restaurants, and leasing information visit hillcenterbrentwood.com.

About Hill Center Brentwood

For more than 30 years, Hill Center Brentwood has been a Williamson County shopping destination, offering a mix of local and national retailers including The Fresh Market, The Puffy Muffin, Hot Pink, Pear Tree Avenue, REI, Starbucks, Chipotle and more. H.G. Hill Realty Company, a family-owned company for six generations, added to the property’s footprint with a $211 million mixed-use development spanning 17-acres at the intersection of Franklin Road and Maryland Way. As the company’s largest project in its 120-year history, the development will consist of 600,000 square feet of office, retail, and restaurant space in 10 buildings once fully developed. Restaurants and retail stores currently open at the expanded center include Del Frisco’s Grille, Holler & Dash, Nama Sushi, Uncle Julio’s, Alumni Hall, Core Power Yoga, The Cosmetic Market, Dress Up, Francesca’s, Sur La Table and more. The mix of restaurants, shops, office and amenities create a true town center for the city of Brentwood as well as a sense of place to be enjoyed by the entire community. Visit hillcenterbrentwood.com for the complete listing of tenants and for leasing information.

About H.G. Hill Realty Company, LLC

H.G. Hill Realty Company has been growing with Nashville since 1895. What started as a grocery store business has evolved into a privately held real estate portfolio of more than two million square feet. Ushering in a new era that began in 1993 with the sale of the grocery store operations to independent owners, the company’s mixed-use lifestyle centers may be found throughout Nashville and surrounding areas. Setting the standard for innovative design and development, the company’s flagship center, Hill Center Green Hills – and its development team – have received numerous awards and recognition for excellence in built environment/urban design, landscape design and sustainability practices. Recognition has been received by NAIOP Nashville, International Council of Shopping Centers (ICSC), Tennessee Chapter of the American Society of Landscape Architecture (ASLA), Urban Land Institute’s (ULI) Nashville District Council, Nashville Business Journal, Nashville Post, Metro Nashville Tree Advisory Committee, and more. For more information, visit http://www.hghill.com.

About Yedla Management Company

Yedla Management Company (YMC) is a privately held hospitality owner and management company headquartered in Huntsville, Alabama. YMC was founded by Dr. KR Yedla in the 1970’s and serves as the firm’s Chairman alongside of his sons Srinath and Satya Yedla who operate the day to day business of the company. As an award-winning hotel development, ownership and management company, YMC has spent the last four decades partnering with owners and its investors on premium branded properties across the United States. YMC brings to development the perspective of longtime owner-operators providing a distinct advantage at every stage from site selection to design, to opening and beyond. For more information, visit www.yedlahotels.com.

About Doradus Partners

Doradus Partners is a privately held, boutique real estate development company located in Huntsville, Alabama with a satellite office in Orlando, Florida. Currently, Doradus is developing an extensive pipeline of hotels within Doradus Hospitality Fund I, L.P., a private placement fund, which was established to introduce well-branded, high-quality select service and lifestyle hotels into urban-infill or mixed-use settings in the Southeastern United States. Doradus Partners was founded by Srinath Yedla in 2016 to meet the growing demand from investors for nationally branded hotels and benefits from its affiliation with the award winning Yedla Management Company. For more information, please visit www.doraduspartners.com.

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