335-unit Crescent Bellevue Planned at 1 MSF Bellevue Mall
- May 20, 2015
By Eliza Theiss, Associate Editor
Charlotte-based developer Crescent Communities LLC is looking to take part in the redevelopment of Nashville’s dormant Bellevue Center Mall with a 335-unit apartment project, reports The Tennessean. Dubbed Crescent Bellevue, the apartment community would consist of 12 three-story buildings, five two-story buildings and 548 parking spaces, taking up 16.62 acres of the defunct mall’s site. Crescent Bellevue would feature 146 one-bedroom floor plans, 136 two-bedroom layouts, 36 three-bedroom units and 17 one-bedroom carriage house apartments, totaling 356,349 square feet. According to The Tennessean, Crescent is currently seeking final approval for the site plan created by national design consulting firm Kimley-Horn.
As stated in The Tennessean, if the site plan is approved, Crescent Bellevue will be part of the more than $100 million redevelopment of the defunct Bellevue Center mall, currently under the ownership of Oak Brook, Ill.-based Retail Properties of America, Inc. (RPAI). The redevelopment of the one-million-square-foot mall is helmed by a joint venture between RPAI and Charlotte-based Crosland Southeast.
The project aims to create a retail-driven, walkable, mixed-use development comprising 600,000 square feet of retail, restaurant and entertainment space, 150,000 square feet of medical/professional office space, around 300 apartment units and a hotel. According to News Channel 5, the project has two-year development timeline, with a projected kick-off date in fall 2015. Bellevue Mall closed its doors several years ago. The only operational tenant is a Sears store, which is currently in negotiations to keep its location or move to a new structure onsite.
Image credits: Crosland Southeast