Insignia LLC hopes to continue its redevelopment of Embassy Row, a spread-out office park in Sandy Springs. The Atlanta Business Chronicle reports that the latest project would include 111 townhomes, 1,068 apartments, 15,300 square feet of retail space, and 159,463 square feet of existing office space.

Construction is already underway on the campus, which would be rebranded as Embassy Row Grove.

Three buildings, totaling about 400,000 square feet of office space, remain on the campus across 21 acres. Two of those buildings will be demolished to make room for new residences and retail space, while one will remain as office space. The property is between two MARTA stations.

Insignia has been involved in the ongoing redevelopment of several expansive sites, including a former Kmart site in Doraville. Dubbed Lotus Grove, the project calls for 780 apartments, a 160-room hotel and more than 66,000 square feet of retail space.

Knighthead Funding in partnership with Speedwagon Capital Partners arranged a $27 million refinancing for Signature Music Row – a newly constructed 105-unit Class A multifamily property located at 1005 16th Avenue South in Nashville, Tennessee.

Preiss utilized the loan to refinance its construction loan. Preiss is a privately held student housing owner, developer, and operator. Located in Nashville’s Music Row neighborhood, the apartment complex is near Vanderbilt University, which is within walking distance.

Situated on a 0.64-acre site, the six-story midrise property features a mix of studio, one-, two- and three-bedroom apartment homes, as well as townhomes. Residences have private patios or balconies.

Amenities include an elevated outdoor pool, an outdoor grilling area, a resident clubroom, a sixth-floor sky lounge, and a fitness center. The property also includes a ground-level retail space occupied by Silver Fox Coffee Lounge.

Hotelier Rajesh Aggarwal is planning to build a hotel on 1407 Division St. adjacent to the Best Western Plus Music Row hotel. The project will include a 191,150-square-foot building with 222 hotel rooms.

Aggarwal owns the 1.27-acre property, which includes the existing Best Western Plus. The proposed hotel will rise on a portion of the 0.61-acre site, which currently holds a surface parking lot for the neighboring hotel.

The Nashville Business Journal reports that Nashville’s hotel market continues to boom, with the city second only to New York in the number of hotel rooms set to open in 2025. Of the 2,849 rooms set to open in Nashville this year, most fall in the upper midscale and upscale classes. Music City has been hit by a wave of luxury offerings, with the openings of hotels like the Four Seasons Hotel Nashville, SoHo House Nashville and 1 Hotel Nashville.

The project is seeking final site approval when the Metro Planning Department meets in April.