Velocity in the Gulch
If the fast and furious urban lifestyle is what you crave, the surprisingly affordable Velocity condos in the Gulch might just be the perfect fit. Sitting at the top of Nashville’s central business district and adjacent to Music Row, the Velocity offers the opportunity to be everywhere you want to be within minutes. This condo development is a 5 story, 265 unit, contemporary designed building that features an additional 24,000 square feet of retail space. The interior feel of the Velocity condos can best be described as modern meets environmentally conscious with an edge. Units are smaller, affordable, yet very smart and fresh.
Condos for Sale in the Velocity
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Velocity Condo Development Details
Project: Velocity in the Gulch
Address: 320 11th Avenue South, Nashville, TN 37203
Neighborhood: The Gulch
Developer: Bristol Group
Year Completed: 2009
Total number of units: 265
Bedroom range: Studio, 1-2 bedroom condos
Total stories: 5
Price Range: $132,000 – $400,000
Amenities: Lobby, gym, sky lounge, courtyard, in-building parking, elevators, retail, restaurants and location
Negatives: Wood frame construction, near CSX railroad tracks
Recent News Articles about The Velocity Condos
- Pollack Partners to Buy and Convert Velocity Condos to Apartments
The Nashville Business Journal is reporting that today, multi-family developer and operator Pollack Partners from Atlanta, will buy the remaining 220 unsold condos in the Velocity in the Gulch for $24.5 million. While it has not been announced publically, Pollack Partners will be converting the condos into apartments, potentially leaving the current 43 Velocity condo owners out... [Read More...]
- Velocity in the Gulch Sold Condos 2010
As promised to a reporter who called today, here is the current list of sold condos for the Velocity in the Gulch. Clearly, the momentum has vanished in this project as a result of the ownership restructuring and loss of high LTV financing options for new buyers. The rumor mills continue to churn as other... [Read More...]
- Velocity in the Gulch Restructures Ownership
This morning the Tennessean reported that the Velocity in the Gulch’s ownership has been restructured. “The new owner of the 265-unit building in the Gulch is Velocity Residential LLC, with its principal offices listed with the identical address as the project’s lender, BBVA Compass Bank.” It should be noted that BBVA Compass in not the... [Read More...]
- Nashville Condo Prices
Most of you know that I keep a keen eye on the Nashville condo market and prices, but many of you don’t realize how much in-depth research I do. It is also interesting to learn that many buyers assume that the Velocity in the Gulch is the least expensive condo development in Nashville, but that is... [Read More...]
- Velocity Condos in Nashville Sales Update
As of the end of November, the Velocity in the Gulch has closed 20 condos out of a possible 265 (7.5%). Granted, the grand opening was just over a month ago, but sales have yet to set any impressive marks. Surprisingly, the average price per square foot still far exceeds $300/ft coming in at $330.58.... [Read More...]
Location of the Velocity
Condo developments similar to the Velocity in the Gulch: Icon condos, Terrazzo condos
View all condos in the Gulch | View all Nashville condos
For a decade, Grant Hammond has been a leader in the greater Nashville real estate marketplace. In the first half of 2011, he is again the top producing Realty Executives broker in Middle TN.
