Joe Muer Seafood and Andiamo Presto, two concepts owned by the Joe Vicari Restaurant Group, are set to open their first Tennessee locations in January 2023 at Capitol View, the mixed-use urban district in downtown Nashville, developed by Boyle Investment Company.

Joe Muer Seafood, an iconic Detroit staple, and Andiamo Presto, a new casual concept from the Joe Vicari Restaurant Group, will have separate, unique dining rooms and patios but share a kitchen in the 12,000 square-foot restaurant space.

Both restaurants will be located at the 500 11th Ave. North Block building home to HealthStream, Nashville Area Chamber of Commerce, and the Nashville Convention and Visitors Corp. The award-winning Joe Vicari Restaurant Group has been based in Metro Detroit for over 30 years, and the expansion to Nashville is the brand’s first move into the Tennessee market.

Joe Muer Seafood, a staple in Detroit since 1929, will offer an upscale dining experience serving fresh seafood, premium aged meats, free-range hormone-free chicken, and an award-winning wine list. Andiamo Presto, a new take on the classic Andiamo Italia restaurant, will feature a relaxed, casual atmosphere paired with the handmade pasta, soups, and salads for which the brand is known.

“We felt it was time to take our ideas, concepts, and menu items and expand them outside of Michigan,” said Joe Vicari, president of the Joe Vicari Restaurant Group. “It’s a big step; but we are excited to be doing so in Nashville, which has shown extraordinary growth over the years and has the demographics to support the concepts for our restaurant brands. Capitol View checked all the boxes of downtown access with a true neighborhood feeling. We look forward to serving the Nashville market an exemplary dining experience complete with exceptional food and drink choices in a gorgeous ambiance.”

The district, which is easily accessible from the downtown core and the surrounding Nashville neighborhoods, has been the location of choice for many first-to-market brands, including VICI, Condado Tacos, VSL Nails, Central BBQ, and the addition of Joe Muer Seafood and Andiamo Presto.

“We’re excited for Nashville to get to experience the Joe Vicari Restaurant Group,” said Mark Traylor, partner at Boyle Investment Company. “Their ability to weather the COVID storm shows their acumen and prowess as restaurateurs, and we’re proud that they chose Capitol View for their expansion. The combination of classic Nashville staples and highly successful brands from other markets opening their first locations in Nashville makes the Capitol View project unique.”

Joe Muer Seafood and Andiamo Presto will join tenants including M.L.Rose, SVM Boutique, Starbucks, Clean Juice, Pokéworks, Jón Alan Salon, Sercy + Co., Club Pilates, Massage LuXe, drybar, and HOTBOX.

Quote: “Capitol View checked all the boxes of downtown access with a true neighborhood feeling. We look forward to serving the Nashville market an exemplary dining experience complete with exceptional food and drink choices in a gorgeous ambiance,” said Joe Vicari, president of the Joe Vicari Restaurant Group.

Links:

Capitol View slated for two Detroit restaurants | Retail | nashvillepost.com

Detroit-based Joe Vicari Restaurant Group expands to Nashville with two Capitol View concepts – Nashville Business Journal (bizjournals.com)

Boyle Investment Company, Northwood Ravin, and BELL Construction celebrated the topping out of 5001 Aspen Grove Dr. at McEwen Northside on March 3rd, 2022.

The ceremony celebrated the successful and seamless completion of the structural phase of the building. Representatives from Boyle Nashville, Northwood Ravin, BELL, TMPartners, Kimley-Horn, and KVD Design attended.

“We are delighted to celebrate the topping-out of another building at McEwen Northside,” said Phil Fawcett, managing partner of Boyle. “Our vision is to create the premier mixed-use destination in Cool Springs. 5001 Aspen Grove Dr. is an integral part of this vision — adding state-of-the-art office space and more first-in-class restaurants and retail experiences to a lively walkable setting.”

The 45-acre, mixed-use environment at McEwen Northside, 5001 Aspen Grove Dr. will include approximately 126,000 square feet of Class A office space and over 26,000 square feet of specialty retail and restaurant space. There will also be a parking structure to accommodate the office, retail, restaurants, and adjacent hotel needs. The building is scheduled for a fourth-quarter 2022 completion.

“BELL Construction is honored to help deliver this building, which further establishes McEwen Northside as the epicenter for businesses in Williamson County,” said Eric Pyle, executive vice president for the commercial building division of BELL Construction. “We are proud to work alongside Boyle Investment Company and Northwood Ravin to deliver another Class A office building in one of the fastest-growing suburbs in the state.”

Additional growth is on the horizon for the district with two remaining blocks that will include Class A office space, retail and restaurant space, open green spaces, and other exciting uses. Planning is also underway for a second phase of apartments introducing a more extensive amenity package and premium units.

“We are delighted to celebrate the topping-out of another building at McEwen Northside,” said Phil Fawcett, managing partner of Boyle. “Our vision is to create the premier mixed-use destination in Cool Springs. 5001 Aspen Grove Dr. is an integral part of this vision — adding state-of-the-art office space and more first-in-class restaurants and retail experiences to a lively walkable setting.”

Links:

Topping-out ceremony held for newest McEwen Northside office building | Business | williamsonherald.com

MEMPHIS, TN – December 13, 2021– Boyle Investment Company (Boyle) has acquired two parcels in the city of Germanton, Tennessee.  The first is a 52.41-acre lot along Winchester Road between Forest Hill Irene Road and Houston Levee Road.  The property is bordered by Winchester Road on the north, Crestwyn Hills Drive on the south and east, and Tyndale Drive on the west.  The second parcel is a 2.75-acre corner lot at the southeast corner of Forest Hill Irene Road and Crestwyn Hills Drive.

Both parcels are zoned T-5 Smart Growth in Germantown, which is a mixed-use zoning designation that permits a multitude of land uses such as retail and restaurants, office, hotel, and various residential types ranging from apartment buildings to single family detached housing.

“The City of Germantown has been eager to find a master developer to carry out their vision created in the Forest Hill Height Small Area Plan,” said Les Binkley, Vice President of Boyle.  “This acquisition puts us squarely in the heart of the plan.  We look forward to working with the city to carry out the plan as we feel we are in a unique position with our history of development in Germantown.  We also bring a wealth of expertise in developing large-scale, mixed-use communities.  It is Boyle’s goal to create a neighborhood that stands the test of time.”

Boyle Investment Company is one of Memphis’ oldest real estate development firms specializing in office, retail, mixed-use and residential properties.  Founded in 1933, our services include development, management, sales, leasing and insurance.  Visit us on the web at www.boyle.com.

The Commercial Appeal

By Dima Amro

Town Is Seeing Growth from New Developments

Collierville developments continue to make progress this year, despite the ongoing COVID-19 pandemic.

The Collierville Board of Mayor and Aldermen approved multiple projects in the last 10 months. Now, more companies, dwellings and attractions are headed to the town.

Here is a look at three of Collierville’s biggest projects and where they stand.

Schilling Farms Water Tower District

The board of mayor and aldermen in September approved the first phase of the Water Tower District, a mixed-use development south of Poplar Avenue.

The first phase includes 2,193 square feet of retail space and 259 rental dwellings — 27 buildings with 110 one-bedroom units, 95 two-bedroom units and 54 three-bedroom units.

The residential side is located along Schilling Boulevard West between Poplar Avenue and Winchester Boulevard.

Les Binkley, vice president of Boyle Investment — the project’s developer, expects phase one construction to begin this year and could last about two years.

Along with residential areas, the first phase contains 40,000 square feet of retail space, 50,000 square feet of office space and the corporate headquarters for IMC Companies, an intermodal logistics provider, which is already under construction.

Town Administrator James Lewellen said the Schilling Farms area offers a big commercial impact to the town and it is still growing.

“It’s big,” Lewellen said. “For the whole district we’re looking at other possibilities for commercial and additional office growth.”

The area has been in the works since the 1990s and more commercial, office and residential developments are underway.

The Farms at Bailey Station

Some seniors can expect to move into the first round of apartments at The Farms at Bailey Station in late fall, said Thomas Becher, spokesperson for the Farms.

The Farms, a $290 million senior living community in Collierville, will allow residents to move into some of the 176 apartments Nov. 15, and by the end of the year, 25 of 63 homes will be occupied.

“It is huge, an amazing project,” Lewellen said. “Every time I drive by it I look at it and say, ‘That’s big.'”

Retirement Companies of America develops and manages the Farms, which is for adults 55 and older and includes housing, a three-story clubhouse and a health campus.

Lewellen said the retirement facility attracts more people to Collierville.

The Jordan River Health Center, an onsite medical campus, is nearing completion and will open soon, Becher said.

The health campus features 60 private nursing suites, 52 private assisted-living suites, 32 memory care suites for patients with dementia and Alzheimer’s, and 4,300 square feet of inpatient and outpatient rehab facility.

The medical facility is available to anyone but members of The Farms at Bailey Station are a priority.

The development will be fully constructed by 2023.

Town Square parking garage

In July, the board unanimously approved a $1.1 million purchase agreement to acquire approximately an acre of land north of the historic Town Square to potentially add a parking garage.

This agreement began the board’s due diligence period of 120 days to determine if the site is appropriate for the garage. But after looking at another piece of land on Washington Street, east of the square, they may back off the deal, Lewellen said.

The town owns the parking area at 177 Washington St., and the board is concerned about purchasing new land when another area is only a couple minutes farther away, Lewellen said.

Currently, the land north of the square is vacant but a 55-room hotel, event center and restaurant are planned for the area to the right of it. The parking garage will complement the project, the debate is whether the garage will be right next to the hotel or about 500 feet away on Washington Street.

The Daily Memphian

By Abigail Warren

The Collierville Board of Mayor and Aldermen has approved the first phase of the Water Tower District that includes 259 new apartments at Schilling Farms.

The board on Monday night endorsed the final development plan for the mixed-use project with retail components to go with the apartments. There was no discussion before the 5-1 vote in favor of the plan, Alderman Billy Patton casting the opposing vote.

Schilling Farms’ outline plan was initially approved in 1991, but amended in 2009 to allow for mixed-uses within buildings providing flexibility while creating pedestrian-friendly neighborhoods.

Schilling Farms has 1,180 apartments on site south of Poplar and west of Byhalia Road. The 2009 outline plan allows a maximum 1,725 multifamily units within the 443-acre property. If the board denied the project Monday, the decision could have resulted in legal fees, due to previous approvals a dozen years ago.

The proposal Monday for 16 acres also didn’t change substantially from a preliminary plan the mayor and aldermen approved in December.

The plan for the first phase includes 110 one-bedroom units, 95 two-bedroom apartments, and 54 three-bedroom residences. Based on previous approvals, developers have rights for an additional 286 apartments inside the Water Tower District in a later phase. Developers plan varying styles of rental units including duplexes, triplexes and town homes.

“I think it’s going to be a very special community, very walkable and organized,” Rusty Bloodworth, Boyle’s executive vice president, said.

In 53 years of development, he said the project took between two and three times more thought than anything else in his career.

The neighborhood will be centered around an old-fashioned water tower similar to one on the site when it was a working farm decades ago.

“Schilling Farms is the premier mixed-used development in West Tennessee and the Mid-South region,” John Duncan, Collierville’s director of economic development, said. “The Water Tower District continues Boyle’s thoughtful elevation of the property.”

The leasing office and amenities for residents are planned for the center of the development in the phase. There is also some retail space in the first phase.

No residents spoke at the Collierville meeting regarding the project, but a common concern attached to development is traffic. An analysis by Kimley-Horn said traffic impacts should be minimal. Engineers suggested retiming the traffic signals on Poplar Avenue at Shea Road and Poplar Avenue at Schilling Boulevard West in a future phase. Last month, the board also approved an agreement for an eastbound right turn lane at Poplar Avenue and Schilling Boulevard West.

Four new businesses are slated to move into mixed-use center McEwen Northside later this year, according to a July 15 announcement from the development.

The center, located along Aspen Grove and McEwen drives in Cool Springs, features a number of restaurants and retailers as well as office space and multifamily residences.

Design and Engineering Inc. will relocate to McEwen Northside from 1645 Liberty Blvd., Brentwood, in September. The company is a full-service engineering and interior design firm that works with commercial clients and is licensed in 48 states. Clients include ML Rose, Bricktop’s, Buffalo Wild Wings and Cracker Barrel.

“As designers, we are always looking for great new spaces,” said Ryan Nicholson, vice president at Design and Engineering, in a release. “We are excited to become a part of and enjoy the amenities of this vibrant community. The energy and atmosphere at McEwen will give our team a fresh mentality when they come to work.”

Censis Technologies will relocate from 830 Crescent Centre Drive, Ste. 610, Franklin, in late 2021. The company specializes in web-based software to manage sterilization, tracking and data collection of surgical assets and medical equipment.

“Coming out of the COVID[-19] shutdowns, we are eager to be able to return to an office environment,” Censis President Randy Smith said in a release. “Our relocation to McEwen makes our return even more exciting as it will provide a very modern, collaborative and employee-friendly work environment. Our employees will also enjoy the amenities the new office and location will provide.”

615-468-8000. www.censis.com

Renew Co. will relocate from 325 Seaboard Lane, Ste. 150, Franklin. The company specializes in natural health and wellness products and works with health care practitioners to provide supplements. A relocation date has not been announced.

“We knew we would like our new offices at McEwen Northside, but it has exceeded our expectations,” Renew Co. CEO Jay Clarke said in a release. “Our new space will be another reason that folks want to come to work for Renew Co. and is a recruiting tool and a retention tool, and we are excited about that.”

https://therenewco.com

Gordon Rees Scully Mansukhani LLP will relocate from 3401 Mallory Lane, Ste. 120, Franklin, in mid-September. The law firm, which has offices in all 50 states, provides legal services, such as commercial litigation, professional liability defense and other legal advice.

“We had the opportunity to watch the development Boyle was putting together at McEwen Northside, and we really appreciated the live-work-play philosophy characteristic of the campus,” said Heather Gwinn Pabon, managing partner of the Nashville-area office, in a release. “McEwen Northside checked all of our boxes, including excellent paths of ingress and egress for our clients; beautiful multiuse indoor and outdoor spaces for client and team meetings; and easy accessibility to dining, retail, and health and wellness options for our team members. We are really looking forward to being part of the McEwen Northside community.”

615-772-9000. www.grsm.com

The companies will join Williamson Inc. and Mitsubishi Motors North America, which already have offices in the development’s Block B building. Construction has also begun on another block of retail and office space in the development, according to McEwen Northside.

“The relocation of companies like Design and Engineering, Censis Technologies, Renew Co., and Gordon Rees Scully Mansukhani LLP is a testament to the growing community and destination workplace that’s being created at McEwen Northside,” said Phil Fawcett, a partner with Boyle, the developer of McEwen Northside, in a release. “Cool Springs is quickly becoming a hub for companies that are seeking a unique workplace experience. We are proud to see established companies choosing to relocate their operations here.”

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ABOUT THE DEVELOPMENT

McEwen Northside

McEwen Northside is an inviting urban experience in the vibrant Cool Springs area of Franklin, Tennessee. The unique 45-acre mixed-use environment will include approximately 745,000 square feet of Class A office space, 113,000 square feet of restaurants and specialty retail, a 310-room business-class hotel, 770 luxury apartments, and upwards of 10 acres of beautifully designed green spaces to seamlessly connect the community.

Property Details

Memphis Business journal

By John Klyce

For almost 40 years, FHN Financial — the capital markets division of First Horizon Corp. – has been housed at 845 Crossover lane.  But in May 2022, the business will move its headquarters – and take its roughly 275 local employees with it.

FHN Financial has signed a lease for two floors at the Boyle Investment Company-owned 1000 Ridgeway Loop Road.  “It’s a fresh new space in a very desirable part of the city.  It’s also important to our employees, and we want to build something that works well for them, that they’re excited about,” said Rick Bollinger, EVP with FHN Financial.

The office at Crossover Lane spans 78,000 square feet, but according to Bollinger, the business isn’t currently using the entire space.  The new headquarters will have a smaller footprint, with the two floors encompassing a combined 50,000 square feet.

Both floors will be redone and modified to fit the needs of FHN Financial.  For example, the office will have a large, open sales and trading floor.  Refitting the space to reflect social distancing and pandemic-safety suggestions, however, isn’t top of mind.  While FHN Financial has made adjustments in current spaces, May 2022 is still almost a year away, and by then, the company expects the health situation to be different.

The renovations to the space are expected to be completed by April 2022.  ANF Architects has been selected as the architect for the build-out of the two floors – which, according to a document filed with the Shelby county Register of Deeds, are the second and third floors of the building.

FHN Financial plays a pivotal role for First Horizon.  An institutional business, its clients include banks, insurance companies, cities, counties, states and investment managers.  The organization works with 50% of domestic banks that have an investment portfolio of more than $100 million.

The 275 local employees make up more than half of its overall workforce, as the business has about 500 total employees, spread throughout 26 offices across the country.

MEMPHIS BUSINESS JOURNAL’s BEST REAL ESTATE DEALS/EAST MEMPHIS

Boyle’s Highwoods Purchase

Locations:  International Place II, Triad Centres I, II and III

Date of the Deal:  Transaction closed March 2020

Dealmakers:  Boyle Investment Company; Highwoods Properties

Highwoods Properties completed in March 2020 its sale of four East Memphis office buildings that total 599,000 square feet.  MBJ first reported in January that Highwoods was in advanced negotiations to sell International Place II and Triad Centres I, II and II to Boyle Investment Company.  One source with knowledge of the deal confirmed at the time that Boyle was the final buyer.  The buildings include a total of $82 million worth of appraised value, according to the Shelby County Assessor of Property.  The Triad buildings give Boyle a virtual monopoly on Class A office space near Poplar Avenue’s intersection with Ridgeway Loop Road – the premier office neighborhood in Memphis.  The Crescent Center, which Highwoods is also trying to sell, is the only significant exception.  International Place II is located at 6410 Poplar Avenue, and Triad Centres I, II and III are located at 6000, 6060 and 6070 Poplar Avenue.  In August 2019, Highwoods announced it planned to sell all of its Memphis assets.  The case from the sales is helping finance the firm’s $436 million purchase of the new Bank of American Tower in Charlotte.  Highwoods had previously sold International place IV and Atrium I and II.  Los Angeles-based CIM Group bought the International Place building, and a group of investors from Nashville and Memphis bought the Atrium buildings.  While International Place I, III and IV are occupied by International Paper, the 210,000-square-foot International place II is a multi-tenant building, home to companies including Jernigan Capital and Martin, Tate, Morrow & Marston.

The Commercial Appeal

Construction could begin this year on residential and retail buildings at the Schilling Farms Water Tower District in Collierville.

On Dec. 14, the Collierville Board of Mayor and Aldermen approved a preliminary site plan for 257 residential units in the northwest corner of Schilling Farms. Now Boyle Investment Co., the project’s developer, is preparing the final plans.

“We hope we’ll have the residential and retail component under construction in 2021,” said Les Binkley, vice president of Boyle Investment.

The first phase includes 28 buildings for the residential side of the 50-acre Water Tower District, which will include rental properties — 32 townhomes, seven three-story apartment buildings and duplexes. The residential side is located along Schilling Boulevard West between Poplar Avenue and Winchester Boulevard.

“We’ve done a pretty terrific job, I think, of mixing up the building types inside the neighborhood,” Binkley said. “It’s pretty special for a suburban project like this because we have so many different building types with elevator-served buildings, which is rare.”

In addition to elevators, Binkley pointed out the development will include private direct-access garages for some. He also said the community will have a walkable component not commonly seen around Collierville.

Along with residential areas, the first phase contains 40,000 square feet of retail space, 50,000 square feet of office space and the corporate headquarters for IMC Companies, an intermodal logistics provider, which is already under construction.

“I think as far as the retail component, we’re trying to add services to this section of Collierville and this area of Schilling Farms to have more services for corporate office tenants,” Binkley said. “That’s one big thing we try to do.”

Binkley said the phase one construction would last around two years.

Phase two plans, which Boyle has not submitted yet, will include more space for office and apartment buildings and a hotel or two if the market allows.

We have the zoning for it, and we would love to sell a site to a hotel company,” Binkley said. “Just obviously with the COVID pandemic and the stress on hotels we’re not really sure when or if that would occur.”

Binkley expects the market will embrace a development like the Water Tower District because of the walkability, elevator-served buildings and direct-access garages.

“Our project is laid out in a really urban walkable fashion, so all the buildings are pulled up close to the street, they all have front porches and there’s parallel on-street parking,” Binkley said. “It’s a very pleasant, non-typical suburban type of arrangement, and we’re excited for the next phase.”

The Daily Memphian

Collierville’s Board of Mayor and Aldermen approved a preliminary site plan that includes duplexes, triplexes and townhomes at Schilling Farms.

The proposal was approved in a 5-1 vote. Alderman Billy Patton cast the lone vote of opposition, saying he wanted to see more retail or office space.

Boyle Investment Company’s newest component to its mixed-use development, easily seen from Poplar Avenue and Winchester Boulevard, includes 257 units in the first phase of the Water Tower District.

The Planning Commission recommended approval of the proposal in August.

“Schilling Farms is the premier mixed-used development in West Tennessee and the Mid-South region,” John Duncan, Collierville’s director of economic development, said. “The Water Tower District continues Boyle’s thoughtful elevation of the property.”

Schilling Farms’ outline plan was approved in 1991, but amended in 2009 to help allow for mixed-uses within buildings and to help create pedestrian-friendly neighborhoods.

The previously approved outline plan allows up to 1,725 units within the mixed-use development. If the board denied the proposal, they could face legal fees, as Monday’s proposal was in line with the outline plan.

Schilling Farms already has 1,180 multifamily units. With Monday’s approval, an additional 288 could be approved in the future for the mixed-use development.

The Water Tower District won’t contain only multifamily residential units. The project will be completed in two phases. In addition to apartments, the first phase includes 50,000 square feet of office space and 40,000 square feet of retail. Completion of phase one is estimated by the end of 2021.

Patton said he understood the property owners had vested rights, but he would like to see more retail or office space. After the meeting, he noted the developers want the multi-family units to benefit profit, but did not want it “become a problem for the town of Collierville.” He noted multi-family units can put strain on the town’s schools and services, like police and fire.

The second phase will look for approval at a later date, but Boyle officials are hopeful to submit the request in 2021. The company will request about 200 more apartments, two hotels with 100 rooms each and another 150,000 square feet of office space. The developers expect it to be completed in 2028 if it can gain the necessary approvals.

The Daily Memphian

By Abigail Warren

The Collierville Planning Commission endorsed 256 additional multifamily units at Schilling Farms between Poplar and Winchester.

The positive recommendation for a new neighborhood – the Water Tower District – includes 16.29 acres already zoned for mixed-use and multifamily. The development will include town homes, duplexes, triplexes and flats and range from one to three bedrooms.

Les Binkley, Boyle Investment Company vice-president, acknowledged this is “one of the most complicated residential developments” the company has done and thanked Nancy Boatwright, assistant town planner, for her assistance during the application process.

He acknowledged the “intricate” design of the neighborhood. Buildings will look unique, not repetitive. Elevator apartment buildings are rare in the suburban market and the project proposes several.

He said the projected can “capture” all ages adding “richness” to neighborhoods.

Due to prior reviews of the entire Schilling Farms project, the development could have up to 289 more multifamily units if the mayor and aldermen approve this neighborhood proposal. The entire project is allowed to have up to 1,725 units, and 1,180 were previously approved and built.

Boyle will seek retail as part of this project at a later date, Binkley said. This phase includes 2,193 square feet of nonresidential space for the leasing office and neighborhood amenities.

Alderman John Worley pointed out the mayor and aldermen are not “aggressively seeking apartments.” He said there were entitlements given to this long ago – before most commissioners and aldermen were in their position.

Commission Chairman Greg Cotton acknowledged the project already was granted the total number of apartments in the outline plan.

“You may not agree with the number of apartments, but they are what they are,” Cotton said, noting there needed to be solid reasoning if they were to turn it down.

Worley said if they rejected the plan, there would likely be a lawsuit, to which Rusty Bloodworth, Boyle executive vice-president, nodded his head.

No residents appeared before the commission to address the project.

One component of the commission’s review included traffic impacts. A traffic study submitted with the application said minor delays could be created near the site including at Schilling Farms Boulevard W and Poplar Avenue.

Jaime Groce, town planner, said the project will likely appear before the Board of Mayor and Aldermen in September. They may ask for the company to make improvements along Poplar at that time.

IMC Companies is making its headquarters home at Schilling Farms. Binkley said his company would like more large businesses to make their home in the development, and a project like the Water Tower District helps encourage their move to Collierville.