Hines Plans Murfreesboro Rental Community

Hines has advanced its plans for Clari Park, a 78-acre mixed-use destination located in Murfreesboro, Tennessee.  As part of the development’s first phase, Hines acquired an 11.4-acre land parcel and commenced construction on a Class A 300-unit multifamily community, The Residences at Clari Park. Hines paid $5.4 million for the property in September.

The property is next to The Avenue Murfreesboro, an 800,000-square-foot super-regional lifestyle center.  It will offer a fitness center, and a two-story club space, a grand lawn for social events and outdoor games, a performance area, seating nooks and a link to Clari Park’s linear park system. Additionally, a resort-style pool with cabanas and grill stations, a Zen Garden featuring a yoga lawn, reading nooks, and fire pits, and a community dog park.

Murfreesboro is Nashville’s fastest-growing submarket and was ranked by SmartAsset as the third fastest-growing city in the United States in 2022.