Close

Broadwest, midtown’s latest luxury office-condo-retail development, has acquired a prominent tenant in the smaller, three-story creative office building.

LP Building Solutions will move the 350-year Nashville headquarters to the top two floors of the building. The remaining campus includes a 34-story residential tower and a 21-story office building at 1600 West End Avenue.

The global habitat of manufacturers of wood products is declining as it focuses on ongoing part-time work-at-home rules.

LP, or Louisiana-Pacific Building Solutions will move from the Philips Plaza tower in town where it occupies more than five floors in a building with SmileDirectClub, Philips and Bank of America’s healthcare technology.

“They’ve adapted a bit to remote working,” said Christopher Brown, principal for Propst Development. “Their space plan has a lot of new, unique collaboration ideas for places to brainstorm things after to go out and work individually.”

The two Broadwest office towers are complete, with some tenants already moving, but the campus won’t fully open until next year, Brown said.

Baker Donelson and ServisFirst Bank are among the tenants in the larger building.

A 34-story residential tower with the 237-room 4-star Conrad Hotel and nearly 200 condominiums is nearly complete. The entire development is estimated at $ 540 million.

Hall’s Chophouse has signed on to occupy a space in the restaurant, and the developers are talking to the owners of a sports bar, a breakfast bar and a white-tablecloth restaurant.

Retail stores will also open next year and there will be a 2,500 underground parking spaces.

The entire campus is connected to a landscaped pedestrian plaza.

“It’s no surprise that a company like LP chose the Creative Office Building in Broadwest as a great home for the new head office,” Brown said. “It’s great to have one of the truly leading companies in the U.S. housing market located in the Broadwest.”

The 4-acre site was formerly called “Lake Palmer” because it sat vacant for many years as a giant excavated hole collected rainwater.

Former owner Alex Palmer plans to build a mixed-use project but has not secured financing.

Alabama -based Propst paid $ 36.9 million for it in 2018.

Sandy Mazza can be reached via email at [email protected], by calling 615-726-5962, or on Twitter @SandyMazza.

Read or Share this story: https://www.tennessean.com/story/money/2021/06/04/lp-building-solutions-nashville-tennessee-broadwest-midtown/7545078002/