Holladay Ventures will celebrate the grand opening of Stone Bridge Lofts, a mixed-use community with 311 affordably-priced units and 11,200 square feet of commercial space on downtown Goodlettsville’s thriving Main St.
Stone Bridge Lofts received almost $32 million from the Amazon Housing Equity Fund to create its attainably priced housing. This is the fund’s first investment in Goodlettsville, a suburb of Nashville, with a private developer. Local officials and community leaders, including Nashville Mayor Freddie O’Connell, will attend a ribbon-cutting ceremony that will take place next month.
Stone Bridge Lofts is the result of broad collaboration between public and private partners, including support from the Tennessee Housing Development Agency (THDA), the Metropolitan Development and Housing Agency (MDHA), and approval from Metro Council. The project also received HOME funding, tax credits, bond financing, and a Payment in Lieu of Taxes (PILOT) agreement.
Developers say Stone Bridge Lofts is designed to meet the increasing demand for attainably priced housing while contributing to the economic growth of the Main Street corridor. The property combines residential and commercial elements to foster a walkable, community-focused environment.
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