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Trust Development

Trust Development

Location

1702 5th Ave N Nashville TN United States 37208


About Business

Trust offers complete commercial and investment property development services in urban renewal areas of downtown Nashville, Tennessee. With Nashville primed to become the most explosive southeastern market in 2011, Trust is especially bullish on the downtown areas of Nashville and positioned itself as a prudent investment decision for any real estate investor looking to partner with an experienced Nashville based organization. Currently, the firm focuses its efforts on the following Nashville neighborhoods:



Germantown

Germantown is one of the most architecturally heterogeneous neighborhoods in the city. The eight-block area contains a wide variety of styles and types of residences built between the 1840s and today.

The traditional Germantown neighborhood boundaries have been Rosa Parks Boulevard on the west, Hume Street on the North, Third Avenue North on the east and Jefferson Street on the south. That area plus the 1400 block of Second Avenue North, makes up the Germantown historic zoning district.

Salemtown

Neighborhood revitalization got a head start on Salemtown and flourished in adjacent Germantown as developers before Trust found a market for urban living near the urban core. Projects such as Morgan Park Place and The Lofts at Werthan Mills are two examples that have had tremendous success in the area.

Revitalizing efforts in Salemtown has meant solving certain problems, such as odor, crime and other issues, head on. A new wastewater treatment facility built by Metro Water Services has taken care of past foul odor issues serving as a catalyst for new real estate investment opportunities. The Salemtown Neighbors Neighborhood Association (SNNA) has worked tirelessly with the Metro Police Department on addressing crime related activity. Neighborhood Watch efforts and camera surveillance by Metro Police has successfully eradicated the negative activity in this area.

Salemtown overwhelmingly consists of single-family homes. There are still many vacant lots that can be developed and other parcels where existing structures could be replaced. The neighborhood has a diverse group of residents from different backgrounds, occupations and ages. The diversity has attracted many newcomers.

Buena Vista

Trust believes one of the next areas ripe for revitalization is historic Buena Vista. Buena Vista runs along to the West of Rosa Parks Boulevard and to both the North and just South of Jefferson Street.

The Metro Development and Housing Agency recently designated the Buena Vista neighborhood as a Neighborhood Strategy Area, making it eligible for Community Development Block Grant funding. Funds available as a part of this designation have included enhancements to cover new streetscaping and sidewalks; street and entry signage; additional lighting; the installation of tables, benches and trash receptacles; and green space improvements such as fencing and walking tracks.


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