NASHVILLE, Tenn. – Construction is continuing on Phase One of 5th & Main, a mixed-use development located in East Nashville. 5th & Main, being developed by NeighborWorks member Affordable Housing Resources, will feature 119 condominiums and 10 townhomes mixed with more than 30,000 square feet of retail and commercial spaces. Special features include an expansive community courtyard and tall windows, as well as underground parking with more than 250 spaces on two levels. A large open-space area will add a recreational component to the development.
AHR is committed to making 5th & Main environmentally friendly. It is being developed according to the U.S. Green Building Council’s Leadership in Energy and Environmental Design rating system. LEED emphasizes cutting-edge strategies for sustainable site development, water savings, energy-efficiency, materials selection and indoor environmental quality.
The owners of Germantown Café announced late last year that they would open a new restaurant, Allium, in 5th & Main. The restaurant is expected to open with the rest of Phase One in spring 2008.
“With the development of 5th & Main, AHR hopes to be part of the revitalization of Main
Street,” said Steve Neighbors, president of the 5th & Main Corporations. “5th & Main is meant
to stimulate investment in the neighborhood. We are hoping to see more businesses move in and renew the economy of the area.”
—
About Affordable Housing Resources: As the oldest nonprofit housing organization in Nashville, AHR is dedicated to creating affordable housing and building strong neighborhoods in
Middle Tennessee. Through AHR’s HomeOwnership Center, The Home Company, and partnerships with a variety of other nonprofit and government homeownership organizations, AHR coordinates and offers every service a potential homeowner needs.
AHR was named the seventh largest producer of homebuyers in NeighborWorks America’s national network. NeighborWorks America is a nonprofit organization that assists affordable housing efforts nationwide. For more information, visit www.ahrhousing.org.
