Rezoning from MUL to SP Approved for 150-Unit Mixed-Use Development at 123 Main Street

• When: 2025/11/04
• Address: 123 Main Street, Nashville, TN
• City: Nashville
• State: TN
• Category: Spot Rezoning
• Subcategory: Mixed-Use Rezoning
• Asset Class: Mixed-Use
• Property Type: High-Rise
• Size (SF): 15000 SF
• Size (AC): 0.77 AC
• Size (Units): 150 Units
• Size (Dollars): $45,000,000
• New Zoning: SP (Specific Plan) District
• New Zoning Description: To permit a maximum of 150 residential units and 15,000 SF of commercial space, with building heights up to 12 stories.
• Previous Zoning: MUL (Mixed-Use Limited) District
• Previous Zoning Description: Intended for areas where a mix of residential, commercial, and office uses is desired at a limited intensity.

The Metropolitan Council approved a rezoning request for the property at 123 Main Street from a Mixed-Use Limited (MUL) District to a Specific Plan (SP) District. This approval facilitates the construction of a 12-story mixed-use development comprising 150 residential units and 15,000 square feet of ground-floor retail. The project aims to significantly increase housing density and commercial activity in a key urban corridor within Nashville. The Specific Plan outlines detailed development standards, including building height limits and permitted uses, ensuring a structured approach to urban growth. The decision reflects an effort to promote dense, walkable environments.

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