Coda Development has sold 112 Harding Place to neighboring Harding Academy for $1 million. Coda had acquired the 1.13 acre site back in April of 2007 with the intentions of building a 14 unit luxury condo project aptly named 112 Harding. This development would have been Belle Meade’s first new condo project since 1985 and one of Nashville’s most expensive in this area.
Upon checking the development’s website for further information on pricing, it had been disabled. However, the condos were listed in the MLS as preconstruction sales:
When questioned, Harding Academy asserted that, “the lot would continue to be used as overflow parking” and that no building expansion is currently planned.
The design for 112 Harding Place was to be very similar to Coda Development’s nearby project called The Whitney. The Whitney is a 15 unit luxury condo building located on Crestmoor Road in Green Hills and has not sold as well as the developers had hoped. Looking at the MLS, 4 condos have been sold and 11 remain available for sale. As one would imagine, the 2 most recent sales where discounted sales whereas the first 2 sales were not. Combined, the last two buyers received an average of $81,000 off the asking price.
November 5, 2009, 4:27 am
This is an interesting project. Price structure of 112 Harding Place is good. I like the prices structure of three bedroom apartments, 5164 Sq Ft space is too good and also discount is an option there. Parking would be no problem here, at least not now, as they are not planning for building expansion.
November 7, 2009, 6:31 pm
good pricing structure? how so, cd rates? where in nashville are there condos or houses selling for $480 per foot?…or even $380 per foot?
November 8, 2009, 12:31 am
good pricing structure? how so, cd rates? where in nashville are there condos or houses selling for $480 per foot?…or even $380 per foot?