Major mixed-use project in Murfreesboro to kick off next month

Hearthstone Properties will begin work next month on The Fountains at Gateway, an ambitious 31-acre mixed-use development with office and retail on Medical Center Parkway in Murfreesboro.

Murfreesboro City Council approved selling 12 acres of city-owned land to Hearthstone, led by Scott Graby, Thursday night for $2.6 million. The project's first phase is valued at $23 million.

“We worked closely with the city to envision a development that would attract new jobs that currently don’t exist in Murfreesboro,” Graby said in a news release. “The Fountains at Gateway will provide small- and mid-sized professional companies high-end features and upscale aesthetics. This combined with the convenience of shops and restaurants that cater to the needs and desires of their employees bring an attractive corporate campus to the Gateway environment.”

According to a news release, the first phase includes a four-story, 100,000 square-foot office building for multi-tenant users with street level retail and restaurant space. The first phase also encompasses two 11,000 square-foot retail buildings fronting Medical Center Parkway that will accommodate boutique shops, restaurants and other cafe and beverage services.

“We worked closely with the city to envision a development that would attract new jobs that currently don’t exist in Murfreesboro,” Graby said in a news release. “The Fountains at Gateway will provide small- and mid-sized professional companies high-end features and upscale aesthetics. This combined with the convenience of shops and restaurants that cater to the needs and desires of their employees bring an attractive corporate campus to the Gateway environment.”

According to a news release, the first phase includes a four-story, 100,000 square-foot office building for multi-tenant users with street level retail and restaurant space. The first phase also encompasses two 11,000 square-foot retail buildings fronting Medical Center Parkway that will accommodate boutique shops, restaurants and other cafe and beverage services.

 

Written by Eric Snyder

Article from Nashville Business Journal