Drury Hotels Co. has plans for a new property in Nashville's SoBro neighborhood. The proposed 390-room hotel is the latest project to join the city's rapidly growing development pipeline, alongside 4,475 other rooms looking to capitalize off of the three-year-old Music City Center convention hall.
St. Louis-based Drury Hotels' contribution to Nashville development is looking to be known as the Drury Plaza Hotel, the 16th new hotel proposed for construction in the SoBro neighborhood. Because the hotel is located within a development district owned by the Metropolitan Development and Housing Agency, the MDHA will have control over the Drury's design. It is currently unknown how much the hotel is expected to cost or how it will be financed, and Drury is remaining tight-lipped on the development timeline as well.
Earl Swensson Assocites of Nashville was hired to design the property, which will be located at 315 Third Ave. S., a site zoned for buildings up to 30 stories tall.
Nashville's Ragland Group, a real estate investor, owns the future Drury as well as the land next door to the property. There, Ragland developed a 154-room Hampton Inn & Suites through a partnership with Mike Modi, a local developer who is not a part of the Drury project. Ragland has yet to choose a partner, if any, for the new Drury.
Drury previously owned hotels in Cool Springs, Tenn., near Nashville International Airport. The company is family owned.