Nashville is expected to be home to a new dual-branded hotel. Dream Capital Management has filed plans with the Metro Planning Department to build an eight-story project that will include two Marriott-brands, on Fifth Street near the East Bank.

Plans indicate the third level will include an outdoor amenity area with a pool, fire pit and outdoor dining and seating areas. The ground-level of the building will offer around 7,000 square feet of retail space.

Nashville-based Kimley-Horn and Charlotte-based Oda Architecture are leading design for the project.

Professional Services Industries owns the 1.41-acre property, located a short drive from the new Tennessee Titans stadium project. The company paid $58,290 for it in 1991.

The site currently houses a one-story brick building, which is home to the local office of global firm Intertek, which provides services related to research, development and manufacturing.

Dream Capital also has hotels in Georgia, Alabama, Chattanooga and Knoxville.

Crosland Southeast has been chosen by the Charlotte Douglas International Airport to move forward on a deal to develop the city-owned Destination District Central property.

Destination District Central spans nearly 40 acres at Wilkinson Boulevard and North Josh Birmingham Parkway. The project would likely include multiple phases initially focused on retail and hospitality development.

Early plans call for 50,000 square feet of retail and two hotels totaling 300 rooms.

The Charlotte Business Journal reports the best case would see a groundbreaking there in early 2026. If a deal is reached and approved by City Council this winter, the entitlement process for the site would likely take 12 to 15 months. 

Crosland has worked with the city before, developing a master plan of Eastland Yards. Crosland is also behind major mixed-use projects like Commonwealth in Plaza Midwood and Waverly in south Charlotte. 

The Halle Companies is looking to rezone about 20 acres at 5009 Louisburg Road in Northeast Raleigh to develop a large apartment complex. The developer plans to build up to 700 units in a seven-story tower. The Triangle Business Journal reports the development is currently estimated to cost around $300,000 per unit, or $210 million for the 700 units. The company uses its own equity for projects.

About 70 percent of the units would be studios and one-bedroom apartments. The rental rates for the apartments will be $2.25 per square foot, or around $1,700 a month for a 750-square-foot apartment.

Residents will have access to a full-sized gym with adjacent yoga space, indoor and outdoor swimming pools, a sports simulator room, billiards and table tennis, arcade games, a business center, courtyards and a roof-top amenity.

The company has a 400-unit project planned across the street.