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Transactions - APRIL 9, 2021

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Bridgewood acquires land in Nashville for luxury senior living community

by Released

Bridgewood Property Co. has acquired 3808 Cleghorn Avenue in the heart of Green Hills for the development of a mid-rise luxury retirement community in Nashville, Tenn. The new Bridgewood community in Green Hills will offer independent living, assisted living and memory care to its residents and will be located conveniently to the neighborhoods of Belle Meade, Forest Hills and Hillwood.

Two Nashville-based design firms were selected for the project given their track records of success and their capabilities across the United States. ESa has been engaged as the project architect, and Catalyst Design Group will provide civil engineer services.

With guidance from zoning counsel Tune, Entrekin & White, PC, and input from the Metropolitan Planning Department and local neighborhood groups, the property received zoning approval in February 2021 to build 205 senior living units within a 12-story facility.

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