New $165 million multi-use development planned for Franklin

New 5 million multi-use development planned for Franklin

FRANKLIN, Tenn. (WSMV) – A new $165 million mixed-use development is being built in Franklin.

It’s called The Margin District and is located at the Five Points intersection of downtown Franklin, along Columbia Avenue.

Sales of The Residences at The Margin District have started, with 25 luxury homes. The first reservations will start at just over two million and will be delivered to homeowners in 2027.

“We are excited to introduce The Margin District to the Franklin community,” said Devin McClendon, CEO of NAI Nashville Stanton Group. “Located on the edge of the Downtown Franklin Historic District along Columbia Ave., we designed the development to serve as an extension of downtown and invite residents and visitors to experience new living, shopping, dining and working opportunities. explore. We continue to work closely with City of Franklin officials and the historic preservation community to redevelop the properties in a manner that integrates with the character of the area.

The district will have apartments, shops, restaurants and office spaces.

“Our vision to create a new standard for unifying progress and conservation began four years ago, and we are excited to see it become a reality and soon break new ground,” said McClendon. “We believe The Margin District is an ideal location for both new retail and office space, and are especially pleased that The Beacon Group is our exclusive broker for The Residences at The Margin District.”

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