Signature Tower
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Signature Tower was a projected mixed-use skyscraper which had been approved for construction in
Nashville, Tennessee Nashville is the capital city of the U.S. state of Tennessee and the seat of Davidson County. With a population of 689,447 at the 2020 U.S. census, Nashville is the most populous city in the state, 21st most-populous city in the U.S., and ...
, United States. Groundbreaking was originally scheduled for 2007. When completed, it was to contain condominiums, office space, a Kimpton-brand Hotel Palomar Nashville, and retail space. The building was originally planned to have 70 stories and stand in height. That would have made it the tallest building in the
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and the tallest building in the US outside of
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and
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, surpassing Bank of America Plaza in
Atlanta Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 ...
by . However, in December 2008, developer Tony Giarratana announced that the project would be downsized, due to the
economic recession In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by variou ...
. Giarratana stated that the number of condos would be reduced from around 600 to under 100, but the average condo size would more than double from an average of to . The height of the revised Signature Tower was to be and 50 stories. The Signature Tower was being developed by Giarratana LLC at an estimated cost of
US$ The United States dollar (symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official ...
250 to 370 million. The building's physical address would have been 505 Church Street, on the southwest corner of Church and Fifth Avenue North, which was for many years the location of a Cain-Sloan department store. Giarratana announced on July 18, 2006 that it had slated Turner Construction Co. of New York to complete the project. Construction of the building was slated to begin once half of the 400 residential apartment units had been sold. By late December 2007, 102 of the 400 units had been presold. When the plan was overhauled in December 2008, this timetable was revoked. The official website for Signature Tower was taken offline around December 2009. In November 2011, Giarratana announced that he was going to use the site to build a smaller, mixed use tower called 505 CST, which was eventually redeveloped into a residential tower called
505 Year 505 ( DV) was a common year starting on Saturday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Theodorus and Sabinianus (or, less frequently, year 1258 '' Ab urb ...
.


See also

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List of tallest buildings in Nashville This list of the tallest buildings in Nashville ranks skyscrapers in Nashville, in the U.S. state of Tennessee, by height. The tallest building in the city and the state is the AT&T Building, which rises in downtown Nashville and was compl ...


References


External links


Signature Tower website
{{Use mdy dates, date=February 2012 Skyscrapers in Nashville, Tennessee Unbuilt buildings and structures in the United States