Redeveloped Roxy Theater Could Make Cleveland Park And East Nashville Even Cooler

Dated: 09/20/2016

Views: 531

by TJ Anderson


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People have been talking for years about a revival of the historic Roxy Theater, once a vibrant social center and the centerpiece of a busy East Nashville commercial district.


The building, at 827 Meridian Street, was built in the ‘30s, shuttered in 1959, and, aside of some efforts to repurpose it through the years, mostly lay dormant for decades. A grassroots effort to bring it back to life in recent years seemed, despite herculean efforts, to get hamstrung by outside/ownership issues.


So I’m taking this week’s news with guarded excitement: Nashville Business Journal reports that an investment group just purchased the Roxy, and has big plans in mind.  


"Live entertainment with a restaurant element is the most likely use," investor Elliott Kyle told the publication.


Part of his drive to grab and redevelop the historic theater, Kyle said, has to do with his feeling that the part of East Nashville the Roxy’s located in, Cleveland Park, is set to be Nashville’s "next cool district."


I’ve worked with Cleveland Park sellers and buyers frequently over the past few years, and I definitely won’t argue with Kyle’s appreciation of the place. It’s amid or adjacent to all the eating/shopping/etc. East Nashville has to offer (favorites like Mas Tacos and The Pharmacy are right there, and new Korean Fried Chicken place The Birdhouse recently opened in the area, and is on the rise). 


The cool cross-section of restored historic stunners, cool new construction and, here and there, a fantastic rehab project in the waiting definitely doesn’t hurt either. Add in a restored Roxy and its surrounding district — particularly if Kyle and his partners’ vision for entertainment and dining comes to pass… I definitely think Cleveland Park’s stock would rise sharply.


Curious to see what living in East Nashville’s Cleveland Park might look like? I picked out a few properties on the market now that I thought could be interesting to some different buyers.


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1102 N 8Th St

Nashville, TN 37207

$249,000

This one’s among the rehab/investment possibilities, if you’re looking to get some sweat equity or take on a project. The 1924 cottage sits on a good-sized piece of property in a convenient Cleveland Park location — steps from the park the area’s named for. Could be an overhaul or a teardown.



{mls: 1760169}

903 Joseph Ave

Nashville, TN 37207

$398,000

This one’s a really beautifully renovated historic home, built in 1920 and brought into 2016 from top to bottom, including an open and airy main floor. They made classic design choices throughout, so it doesn’t feel disjointed. (I particularly like the shiplap accents in the living area.)


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1318 A Lischey Ave

Nashville, TN 37207

$364,963

More into new construction? This is a nicely outfitted home with 3 beds, 3 baths and some really cool vaulted ceilings and balcony space.


{mls: 1763792}

838 A N 2nd NE

Nashville, TN 37207

$419,900

A new build that goes a little more upscale on the finishes — check out the waterfall island and wet bar, wood flooring throughout, and beautiful tile work. It’s a quick walk from restaurants and — heads up if you’re a football fan — the stadium too.


Thinking Cleveland Park might be the place for you? I’d be glad to help give you the lay of the land. Give me a call or drop me an email, and let me know what you’re looking for.


Properties are listed with their own respective real estate firms, and not under agreement with TJ Anderson and/or Benchmark Realty, LLC.

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TJ Anderson

TJ Anderson is a Nashville Realtor with Benchmark Realty who's helped countless clients both buy a home and sell a home in Nashville, Tennessee. He blogs about Nashville regularly, from Nashville-area....

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