Century Farms is a 300+ acre, mixed-use, master-planned development of great local and regional impact, located along I-24 in Southeast Davidson County.
The development, which will feature a wide variety of major retail, office, multifamily and entertainment uses, has achieved zoning for more than 30,000,000 square feet of space, and will be centered around a renovated Hickory Hollow Parkway (Exit 60) Interchange, which will soon provide easy access to both sides of I-24.
Tenants announced thus far include Community Health Systems and IKEA. CHS recently opened a 6-story, 240,000 square foot Shared Services office building on-site, which will soon house over 2,000 employees. In May 2017, IKEA named Century Farms as the destination for a new 341,000sf store, which will be the largest single-tenant retail building in Tennessee upon completion.
Centrally located in the heart of Nashville's fastest growth corridor, and extremely accessible to a 4-county area, Century Farms is ideally suited for corporate relocations, retail and residential uses alike.
For more info, please fill out the form below or call us at 615-269-5444
The development, which will feature a wide variety of major retail, office, multifamily and entertainment uses, has achieved zoning for more than 30,000,000 square feet of space, and will be centered around a renovated Hickory Hollow Parkway (Exit 60) Interchange, which will soon provide easy access to both sides of I-24.
Tenants announced thus far include Community Health Systems and IKEA. CHS recently opened a 6-story, 240,000 square foot Shared Services office building on-site, which will soon house over 2,000 employees. In May 2017, IKEA named Century Farms as the destination for a new 341,000sf store, which will be the largest single-tenant retail building in Tennessee upon completion.
Centrally located in the heart of Nashville's fastest growth corridor, and extremely accessible to a 4-county area, Century Farms is ideally suited for corporate relocations, retail and residential uses alike.
For more info, please fill out the form below or call us at 615-269-5444
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Principals Bill Oldacre and Mark McDonald with IKEA Real Estate Manager Bob Grimsley at IKEA Announcement, May 25th, 2017.
Details, details: What you need to know about IKEA's Nashville plans
BY ELEANOR KENNEDY / NASHVILLE BUSINESS JOURNAL
Posted: May 25, 2017
Link: www.bizjournals.com/nashville
Over months of community meetings, Mark McDonald heard a clear message from the residents of Antioch about his development firm's Century Farms mixed-use project: "We want more retail."
That's what they're getting, and in a big way. Swedish furniture retailer Ikea confirmed its plans Thursday morning to open a Nashville store in the development, with a target opening date of summer 2020.
IKEA's plan for Antioch not only settles years of speculation on if, when and where the retailer would land in Nashville, but also provides a significant boost to the now-resurgent area southeast of the city's core.
"Obviously it's a spark that continues to light the fuse," McDonald, a principal with Oldacre McDonald LLC, said of Ikea's impact on his firm's 300-acre Century Farms project.
That fuse was first lit by Franklin-based Community Health Systems Inc.'s plans for an office building within the project, McDonald said. The addition of IKEA, he continued, will make it easier to recruit additional retailers and new office tenants.
IKEA's involvement also provides another incentive for the city and state to work with the developers on infrastructure changes, like a new Hickory Hollow Parkway interchange, that need to be built to keep up with the booming population of that part of Davidson County, McDonald added.
During Thursday morning's press conference, IKEA's representatives said the company aims to break ground in 2019 on the store. Check out the slideshow with this story to see what the retailer has planned for Nashville, as well as some highlights from its recently opened Memphis location.
And as you wait three years for easy access to Swedish furniture, here are a few key facts to know about the retailer's plans:
- The Nashville IKEA will be built on 36 acres of the western side of Interstate 24, south of Bell Road and accessible from a new Hickory Hollow Parkway interchange as part of the 300-acre Century Farms mixed-use development.
- The store itself will occupy 341,000 square feet, and include 1,100 parking spaces. (For context, that's slightly smaller than the Atlanta stores' square footage, but larger than the one in Memphis.
- How much stuff can you fit into a space that big? Nearly 10,000 exclusively designed items, according to a news release.
- More than 500 jobs will be created during the construction phase, and 250 permanent jobs will be added to the community when the store opens.
- One reason IKEA picked Nashville: The retailer identified 140,000 existing customers in the Nashville area.
- Ninety percent of Ikea stores use some sort of renewable power (primarily solar panels), something that will be explored for the Antioch store.
- IKEA has 390 locations in 48 countries, including 43 in the U.S.
- IKEA spokesman Joseph Roth said the company's had its eye on Nashville for quote a while – "six to eight years," in fact.
Eleanor Kennedy covers Music City's tourism, hospitality and music business industries.
'Seal of Approval': CHS Expansion Bolsters Antioch Developers
BY ADAM SICHKO / NASHVILLE BUSINESS JOURNAL
Posted: Thursday, May 14, 2015
Link: www.bizjournals.com/nashville
Bill Oldacre and Mark McDonald didn't need to be on stage Thursday in order to bask in the spotlight now shining brighter on the massive development they're pursuing in Antioch.
Oldacre and McDonald happily listened while Wayne Smith, CEO of Community Health Systems Inc. (NYSE: CYH), rattled off a half-dozen reasons why he decided to move 2,000 jobs (mostly new) to Antioch — after CHS had previously planned to locate those jobs in Cool Springs.
Oldacre and McDonald are the beneficiaries of the switch, as CHS will locate within a 300-acre development also intended to feature a range of retailers, office space, condos and apartments. By land mass, it's a project five times larger than Oldacre McDonald LLC's best-known local project: the Nashville West shopping center on Charlotte Pike.
"This is the spark that starts the bonfire," Oldacre told me. "We're starting with quality, and quantity. This is exactly what we had in mind, exactly the caliber of jobs that we were seeking."
Added McDonald: "It's like we've just been given the Good Housekeeping seal of approval. When a Fortune 200 company chooses to do this, it's an affirmation of what we've been saying."
Oldacre McDonald is teaming with Atlanta-based developer TPA Group on the Antioch project. They've received a zoning change that allows for millions and millions of square feet to be built.
BY ADAM SICHKO / NASHVILLE BUSINESS JOURNAL
Posted: Thursday, May 14, 2015
Link: www.bizjournals.com/nashville
Bill Oldacre and Mark McDonald didn't need to be on stage Thursday in order to bask in the spotlight now shining brighter on the massive development they're pursuing in Antioch.
Oldacre and McDonald happily listened while Wayne Smith, CEO of Community Health Systems Inc. (NYSE: CYH), rattled off a half-dozen reasons why he decided to move 2,000 jobs (mostly new) to Antioch — after CHS had previously planned to locate those jobs in Cool Springs.
Oldacre and McDonald are the beneficiaries of the switch, as CHS will locate within a 300-acre development also intended to feature a range of retailers, office space, condos and apartments. By land mass, it's a project five times larger than Oldacre McDonald LLC's best-known local project: the Nashville West shopping center on Charlotte Pike.
"This is the spark that starts the bonfire," Oldacre told me. "We're starting with quality, and quantity. This is exactly what we had in mind, exactly the caliber of jobs that we were seeking."
Added McDonald: "It's like we've just been given the Good Housekeeping seal of approval. When a Fortune 200 company chooses to do this, it's an affirmation of what we've been saying."
Oldacre McDonald is teaming with Atlanta-based developer TPA Group on the Antioch project. They've received a zoning change that allows for millions and millions of square feet to be built.
GRESHAM SMITH & PARTNERS | A rendering of the six-story, 240,000-square-foot office building that Community Health Systems Inc. plans to build in Antioch. About 2,000 jobs will be located there, most of them new to the region.
