Three luxury residential developments are redefining what it means to own in Nashville: Pendry Residences, The Nashville EDITION, and Paramount. All three are under active construction. All three are selling now. Here is what buyers and investors need to know before they move.
Nashville is now recognized as a key emerging market for luxury developers.
These three projects are why.
Pendry Residences Nashville: Paseo South Gulch
Pendry is part of the Montage International portfolio, which puts it in the same family as some of the most respected luxury hospitality brands in the country. The Nashville tower is Pendry’s first property in Tennessee, and it is being built in one of the most intentional micro-neighborhoods in the city: Paseo South Gulch, a five-acre district developed by SomeraRoad that sits at the edge of The Gulch with a curated mix of restaurants, wellness, and retail including The Catbird Seat, Carter Vintage Guitars, Equinox, and Next Health.
The residences occupy floors 12 through 30 of the 30-story tower, above 180 Pendry hotel rooms and suites. Units range from one to four bedrooms (968 to 3,800 square feet), with 10 penthouses on the top floors. The Paseo Penthouse on the 30th floor runs 5,993 square feet of interior space with an additional 1,055-square-foot private terrace. Interiors are by New York-based Post Company: Italian-crafted cabinetry, Gaggenau appliances, honed Matira quartzite countertops, Calacatta Rubino marble in primary baths. Starting price is $1.25 million.
- Residential-only amenities: private rooftop pool, whiskey lounge, billiards salon with golf simulator, chef’s kitchen, Conservatory Lounge, pet spa, fitness center
- Hotel access: Spa Pendry, signature restaurant, hotel rooftop pool and bar, meeting spaces
- Location: 701 7th Avenue South, Paseo South Gulch
- Groundbreaking: July 2025. Expected delivery: 2027
The Residences at The Nashville EDITION
The Nashville EDITION secured $371.5 million in financing in February 2026, arranged by Walker & Dunlop with capital from Madison Realty Capital and KSL Capital Partners, according to Walker & Dunlop’s February 2026 announcement. That financing round confirmed what the development community already knew: this is the most significant luxury hotel-residence project currently under development in Nashville.
The 28-story tower at 11th Avenue North and Grundy Street in The Gulch will include 261 EDITION-branded hotel rooms and 84 private residences. The EDITION brand is Marriott International’s design-led luxury flag, currently operating in New York, London, Barcelona, and a handful of other global cities. Nashville is the first EDITION in Tennessee. Residences start at $1.65 million. Developer is Tidal Real Estate Partners, who has delivered two prior projects in The Gulch.
The EDITION brand carries a specific design identity: Ian Schrager’s influence is visible in every property, favoring understated luxury over obvious grandeur. For buyers who find Pendry’s warmer Southern aesthetic less compelling, The EDITION’s cooler, more minimal direction offers a distinct alternative at a comparable address.
Paramount: Nashville’s Tallest Building.
Paramount at 1010 Church Street will be the tallest building in Tennessee when it completes, standing 60 stories and 750 feet, surpassing the current record holder, the AT&T Building at 617 feet. Developer Tony Giarratana has built three consecutive towers along Church Street: the Alcove, the Prime, and now The Paramount. All three sit across from Nashville Yards, the 17-acre mixed-use development anchored by Amazon and Oracle.
Paramount is not a branded hotel-residence product. It is a pure residential tower: 360 apartments on the lower floors, 140 condominiums on floors 41 through 60. The condo collection has moved fast: as of December 2025, Giarratana reported 48 pre-sales with contracts averaging approximately $2.93 million, according to Nashville Post reporting from December 2025. The price range runs from $1.4 million to $12 million, at an average of $1,598 per square foot across pre-sold units.
Condo amenities are divided across two floors. Level 9 has the main amenity deck: pool, cabanas, fitness room, private dining, co-working spaces. Level 40 is exclusively for condo owners: a lounge and bar with a 23-foot ceiling, fireplace room, and private dining for 25. Units run from 984 to 4,664 square feet. The building was designed by Goettsch Partners with Brasfield & Gorrie as general contractor. Delivery is expected in 2027.
What Buyers Should Know Before
Branded residences carry a specific structure that buyers in traditional condos are not accustomed to. Several points worth understanding before signing:
- The brand license is not permanent. Management agreements between developers and hotel brands expire. The Pendry or EDITION name attached to a building today may not be there indefinitely. Governing documents should spell out what happens at expiration, and buyers should read them carefully.
- Monthly fees run higher than standard condos. HOA fees in branded residences cover hotel-quality services, amenities, and brand-mandated standards. These costs are real and ongoing. Ask for the projected monthly fee schedule before you commit.
- Pre-sales carry construction risk. All three towers are under construction. Deposits are typically 10%. The delivery timeline can move. Buyers should understand what happens to their deposit if the project is delayed or modified materially.
- The Paramount is not a branded residence. It has no hotel operator. For buyers who want the pure residential experience without the hotel structure and associated fees, The Paramount is the cleaner option.
For buyers interested in any of these three developments, a conversation with a Nashville buyer’s agent who tracks new construction closely is the most efficient starting point. The new construction resources here cover the broader Nashville pre-sale market, and the team is available for buyers who want a direct conversation about how these projects compare to each other and to the resale market.
Frequently Asked Questions
About Nashville’s New Developments
Both are branded hotel-residence products under luxury hospitality flags, both are in The Gulch area, and both are targeting 2027-2028 delivery. The main differences are brand identity, scale, and price point. Pendry carries Montage International’s warmer, design-forward identity with 146 residences starting at $1.25 million.
The EDITION is Marriott’s more minimal, globally urban brand with 84 residences starting at $1.65 million. The EDITION has secured more financing ($371.5 million versus $253 million), which reflects both project scale and lender confidence.
No. The Paramount has no hotel brand or operator attached to it. It is a pure residential tower: 140 condominiums on floors 41 through 60, above 360 apartments on the lower floors. Buyers who want luxury high-rise living without the hotel management structure, the associated fees, or the brand license risk that comes with branded residences will find The Paramount the cleaner ownership proposition.
The pre-sale velocity at The Paramount, with 48 contracts averaging $2.93 million as of December 2025, and the $371.5 million financing secured for The EDITION both signal strong institutional and buyer conviction in Nashville’s luxury residential market. Branded residences typically command a price premium. Nashville’s growth, corporate relocation activity, and limited luxury condo supply support the investment thesis, though individual results depend on specific unit and market conditions.
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