McNally Capital joined Creek Lane Capital and MRP Realty as an investor in 13 acres of Opportunity Zone land for a mixed-used development in River North Nashville.
“The first master-planned waterfront community east of the river, the development will be the catalyst establishing a vibrant lifestyle along the Cumberland River and will expand the greater downtown Nashville. … The largest portion of development (Buildings A, D and E) commence in 2019 to allow for maximum Opportunity Zone benefits.”
“'Frank A. McGrew IV, Managing Partner at McNally Capital, [stated], “We are excited to be joining our partners in funding this project, and as a resident of Nashville I look forward to watching the River North area transform into an exciting riverfront destination.'”
Read the full press release here >
Chase, Julie; DeMeo, Kristian. "MRP Realty and Creek Lane Capital Announce 1.3 million-square-foot Mixed-Used-Development Within River North Nashville" [Press Release], 28 Jun 2019.