Marble Alley Development has completed a number of high profile projects including mixed-use projects in urban environments and multi-family apartment complexes. The experts at Marble Alley Development are well versed in all aspects of design, development and construction. Some of our recent projects:
Lofts at the Exchange
The Lofts at the Exchange is a development of the Nashville Banner Building and the Exchange Building. Sitting at the corner of Church Street and Printers Alley the Banner Building was originally built in 1874 and housed the Union and American newspaper, which later became the Tennessean. The project combined this building with the 50’s style Exchange Building and has become one of the most sought after addresses in downtown Nashville. The individually owned units feature modern design, exposed ductwork, beautiful views of downtown Nashville and parking.
- Number of Units: 47 with parking garage
- Historic Overlay Restrictions: Yes
Marble Alley Lofts
Downtown Knoxville’s newest landmark, Marble Alley Lofts is scheduled for completion in the Fall of 2015. These premier 1 and 2 bedroom apartments styled in a neutral palette of slate, chocolate and sable enhance the clean, modern look of these homes. Attention to planning and detail has been a symbol of Marble Alley Development’s commitment to quality as will be evident in these homes featuring granite kitchen and bath countertops; stainless steel appliances, and hardwood inspired plank flooring in the living and dining areas. Specialty features such as built-in bookcases, kitchen islands, double sinks and garden tubs in master bath included in select apartment homes. With a private parking garage, salt water swimming pool and a generous indoor and outdoor gathering and quiet spots, Marble Alley has set a new direction for the future of Downtown Knoxville.
- Number of Units: Phase 1 – 248 with parking garage, Phase 2 -175
- Budget: $56.0M
- Historic Overlay Restrictions: Yes
Sterchi Lofts
Located in the heart of Downtown Knoxville, the Sterchi Building was erected in the 1920’s as the headquarters of the Sterchi Brothers Furniture Company. Converted into lofts in 2002, this landmark building was saved from the wrecking ball and the catalyst for the current renaissance of Downtown Knoxville.
- Number of Units: 100
- Budget: $5.5M
- Historic Overlay Restrictions: Yes
Burwell Building
Dating from 1907, the Burwell Building was once the tallest building in Knoxville and is home to the historic (and newly restored) Tennessee Theater, recognized as one of the best live music venues in the country. The building and Theater were renovated in 2004. Keeping the Second Renaissance Revival style façade. The building renovation included the addition of new plumbing, electrical, drywall, and methods of egress.
- Number of Units: 43
- Budget: $4.5M
- Historic Overlay Restrictions: Yes
The Residences at Market Square
Completed in June 0f 2008, The Residences at Market Square is one of the developments that helped to bring about the renaissance of downtown Knoxville. Built on the site of an empty parking lot, this development brought a much-needed 700 parking spaces to the heart of downtown Knoxville, allowing visitors easy access to the shops and restaurants in Market Square and downtown. In addition, the Southern ground floor is home to a number of vibrant retail shops while the upper floors on the South side are a mix of 1 and 2 bedroom units with beautiful views of the Tennessee River and surrounding mountains.
- Number of Units: 24
- Budget: $6.5M
- Historic Overlay Restrictions: Yes
Hillwood Villas
Built in phases in the late 80’s and early 90’s, Marble Alley Development acquired Hillwood Villas in 2014. An underperforming property, Marble Alley Development undertook a multi-track approach to turning this property around. A proven approach with strategic upgrades has led to an improved tenant profile and increased revenue. Marble Alley also instituted strict requirements for prospective and current tenants increasing collections by 30% and improving cash flow.
- Number of Units: 92
- Budget: $4.1M