Grant Hammond is a Nashville real estate strategist with 25 years of experience advising buyers, sellers, and investors across Middle Tennessee. His analysis of housing trends, development activity, and macroeconomic dynamics has been cited by The Tennessean, Nashville Business Journal, Nashville Post, Los Angeles Times, and The Wall Street Journal. Readers seeking guidance on local housing trends or investment strategy can contact Grant.
More Articles by GrantExisting home sales rose 1.7 percent in February to a 4.09 million annual pace, but national housing demand remains near 1996 levels as mortgage rates...
The Hillwood and West Meade real estate market in Nashville recorded 54 luxury home sales above $2,000,000 and 4,500 square feet over the past year....
The new Titans stadium Nashville project broke ground in February 2024 and is scheduled to open in spring 2027. The $2.1 billion enclosed venue anchors...
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Design and development currently are underway for the convention center building, and the selection of this team will now get the hotel under way which is a good way.
November 23, 2009, 8:54 am
Design and development currently are underway for the convention center building, and the selection of this team will now get the hotel under way which is a good way.
May 13, 2010, 1:09 am
The Phelps Portman team has completed more than 30 LEED certified projects and this hotel also will be highly energy efficient in the world while i think it is expanding in india.
May 13, 2010, 6:09 am
The Phelps Portman team has completed more than 30 LEED certified projects and this hotel also will be highly energy efficient in the world while i think it is expanding in india.
May 27, 2010, 10:22 am
Design and development currently are underway for the convention center building, and the selection of this team will now get the hotel under way is quite best way to do so.
May 27, 2010, 1:42 pm
It's really absurd that that Metro isn't finding a way to reach agreement with Tower to secure the preferred hotel site. Regardless of when they finally start to build they need to know where it will go ASAP. Not nailing this down now does a few really bad things. First, the MCC project is required to spend lots of design $$'s figuring out the 3 other options where a hotel could go. This significant cost would be better spent on bridging the $ gap between Metro and Tower. Second, they have now passed or are rapidly approaching the point where they must commit to a final MCC design without knowing with certainty where the hotel will be. This is effectively cutting the design baby in half (or thirds). By leaving all options (hotel location) on the table for down the road they'll almost certainly incur inefficiency and loss of functionality forever in the final design. And given the value of the MCC the monetary costs associated with loss of function will be many multiples of the dispute over value they're having with Tower over the land price. Maybe this is what happens when you install a committee with no development experience to oversee the outcome. I hope I'm wrong.
May 31, 2010, 4:09 am
I agree with you Falcon. Some of the local folks who may or may not be on the MCC committee appear to have a beef with the Marks leadership, but I don’t see a good reason to continue this adversarial approach. The second best location for this hotel is the Baptist surface lot on the north side of the MCC, but it seems as though the church has absolutely no intension of giving up its parking lot at any price. This leaves us back on Tower’s site. Perhaps the Marks family could extend a public olive branch even though it’s not their turn to do so? They’ve been very quiet lately. The other question is: why don’t they simply develop a hotel themselves?
June 4, 2010, 9:32 am
The Phelps Portman group has been involved with the development of 10 hotels with 1,000 or more rooms, including the 1,190-room Hilton San Diego Bayfront Hotel, which recently opened on time and on budget to rave reviews.
June 9, 2010, 11:18 am
I think its good if this 1,000-room hotel will make the reservation and stay to a cheap and affordable price at their first launch opening so that many people can try the new hotel. As soon as the hotel earn and progress more, its time for the management to increase the fee or they may do so is to increase the fee if there is a special holiday. In that way I guess it will boom its hotel business.
June 19, 2010, 1:20 am
That development will be a great opportunity for the tourism aspect to be boost because there will be a another hotel that can accommodate thousands of guest at the same time. The best thing to do then is that the owner must train well those who works in that hotel so that they can do a good services for a numerous number of guest so that they will keep on back and forth on that hotel.
July 1, 2010, 10:08 am
Phelps Portman is composed of Phelps Development,a subsidiary of Hensel Phelps Construction Company, a leading construction company while there are other source of finance available in the blog.
July 2, 2010, 6:34 am
The Phelps Portman group has been involved with the development of 10 hotels with 1,000 or more rooms which is quite good to share in the blog.
July 2, 2010, 7:32 am
Design and development currently are underway for the convention center building
July 6, 2010, 5:57 am
The Phelps Portman team has completed more than 30 LEED certified projects and this hotel also will be highly energy efficient in doing it more.