Pinnacle to serve as anchor tenant in the development’s first multi-tenant commercial office building
NASHVILLE, Tenn. – Pinnacle Financial Partners announced today that it will move its corporate headquarters to a new office tower to be built in Nashville Yards, the 18-acre project in downtown Nashville from owner and developer Southwest Value Partners. Pinnacle will be the anchor tenant in the multi-tenant tower, the first of its kind at Nashville Yards, which also houses Amazon Nashville.
See the new renderings of the first multi-tenant office tower at Nashville Yards.
“Pinnacle is among the leading banking and financial services companies in the Southeast, with a widely respected national reputation and a deep and enduring commitment to serving customers, employees and the community,” he said. Cary Mack, Managing Partner, Southwest Value Partners. “The company’s business and brand fit perfectly with the excellence we continue to build at Nashville Yards and we are pleased and proud that Pinnacle Financial Partners is anchoring our newest tower, and first multi-tenant office tower, in our project of development here “.
Pinnacle’s current headquarters building is located in the SoBro neighborhood (south of Broadway), less than a mile from Nashville Yards. The firm’s name has been a mainstay of the Nashville skyline since that building opened in 2010, a tradition that will continue with the skyline signage on the new office tower.
“Pinnacle is the bank of Nashville, so we always like to help drive the next frontier in downtown development,” he said. Terry Turner, President and CEO of Pinnacle. “We were one of the first companies to move to SoBro when Symphony Place opened 11 years ago. As Nashville Yards ushers in the next phase for the business district north of Broadway, we are excited to be on the front lines once again. This time it goes way beyond just being a tenant. The partnership between Southwest Value Partners and Pinnacle ensures that we will be an integral part of Nashville Yards as a whole. ”
In addition to placing signs on the horizon at the new office tower, Pinnacle will be visible throughout the Nashville Yards campus. Pinnacle’s new ATMs will be conveniently located throughout the 18-acre project, including within Grand Hyatt Nashville and Union Station Nashville Yards. Pinnacle will also open a 10,000-square-foot retail presence on the Nashville Yards campus, as well as a fully digital office concept within Amazon Nashville’s two new office towers at Nashville Yards, the first-of-its-kind concept and location in the Pinnacle wallet.
Director of Strategic Design for Southwest Value Partners, Joe Bucher He said: “The first commercial multi-tenant office tower at Nashville Yards will be a dramatic and iconic structure that is sure to become a signature on the city skyline. The Class A + building incorporates the best amenities, convenience, sustainable practices, resilience of the building and will become a beautiful addition to our community. The addition of Pinnacle to the heart of Nashville Yards further justifies this location as the nexus of next-generation business growth downtown. ”
See renderings of the first multi-tenant office tower at Nashville Yards.
Standing 34 stories above Church Street, the tower will house 650,000 square feet of office space and an additional 28,000 square feet of retail space. The tower will be located at 201 Platform South, adjacent to the two office towers of Grand Hyatt Nashville and Amazon Nashville at Nashville Yards, and will become the office skyscraper with the highest occupiable floor in Nashville.
The tower’s trapezoidal shape will help reduce energy consumption, improve occupant views, and allow light to filter through to all floors. Building amenities will include a dog-friendly campus and dedicated dog park, ample parking, office valet and executive car services, and an upgraded HVAC system that will circulate 30% more outside air than the normal.
Southwest Value Partners expects to begin construction on the office tower later this year (Q4 2021).
For more information on Nashville Yards, visit www.nashvilleyards.com or follow @NashvilleYards on Twitter and Instagram.
About Nashville Yards
Nashville Yards is an 18-acre project located in the heart of downtown Nashville. When completed, the project will be a walkable urban community with high-end hospitality offerings, including a luxury Grand Hyatt and the historic Union Station Nashville Yards; exceptional options for shops and restaurants; a four-acre entertainment district and concert hall; and creative, A + office space that anchors Amazon Nashville. The development will benefit from open plazas and green spaces, including a 1.3-acre urban park that will run along the west side of the project from Broadway to Church Street. For more information on Nashville Yards, visit www.nashvilleyards.com or follow @NashvilleYards on Twitter other Instagram.
About Pinnacle Financial Partners
Pinnacle Financial Partners offers a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is No. 1 in the Nashville-Murfreesboro-Franklin MSA, based on 2020 FDIC deposit data. The company earned a spot on FORTUNE’s 2021 list of the 100 Best Companies to Work For® in the U.S., its fifth consecutive appearance. American Banker recognized Pinnacle as one of America’s Best Banks to Work For eight years in a row and No. 1 among banks with more than $ 10 billion in assets in 2020.
The firm began operations from a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $ 35.3 billion in assets as of March 31, 2021. As the second largest bank portfolio company Tennessee-based large, Pinnacle operates in 13 primarily urban markets throughout the Southeast.
Additional information on Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.
View the source version on businesswire.com: https://www.businesswire.com/news/home/20210617005629/en/
Alexandra Sollberger, Southwest Value Partners and Nashville Yards
Sarae Janes, Pinnacle Financial Partners