Propst Development, Chartwell Hospitality LLC and Hilton Announce Signing of Conrad Nashville
May 23, 2019
Propst Development, Chartwell Hospitality LLC and Hilton (NYSE: HLT) today announced the signing of Conrad Nashville, slated to open in 2021. The 237-room Conrad Hotels & Resorts hotel will anchor one of the two towers at Broadwest, Nashville's new $540-million, urban mixed-use community, which will also include Class AA office space, upscale retail offerings and high-end condominiums.
Conrad Nashville will be co-owned by Propst Development, a real estate and development company based in Huntsville, Alabama with projects across the Southeast, and Chartwell Hospitality LLC, an integrated hotel operations and development company based in Franklin, Tennessee. Chartwell Hospitality will operate the hotel, which will offer guests one-of-a-kind experiences with sophisticated, locally inspired surroundings.
The 14-floor Conrad Nashville will anchor a 34-story tower to include 196 high-end condominiums. A 21-story office tower with 510,000 square feet of Class AA space will rise next to the hotel and condo tower at Broadwest. The two towers will be connected by an additional 125,000 square feet of retail and creative office space and will be anchored by a 1.5-acre plaza at the heart of this new community.
Cooper Carry is the design firm and Hoar Construction is the general contractor for the hotel. Developers have hired New York-based interior designer Champalimaud Design, which has crafted the aesthetic of high-end hotels around the world.
Propst Development LLC is bringing Broadwest to life on a full city block at 1600 West End Avenue, within an easy walk to restaurants, entertainment, music and sports venues.
Leaders from Propst Development and Chartwell Hospitality said Hilton's decision to develop a Conrad in Nashville was based on the city's ability to draw sophisticated travelers, the highly desirable location of Broadwest and the development team's ability to secure funding.