In this discussion with Jacob Kromhout, my project manager from Bentwood Construction, we'll share the latest construction updates at Salt Ranch, my boutique hotel in East Nashville. We'll cover site progress, including the completion of a new entrance and the beginning of grading, as well as updates on each of the motel buildings, with painted exteriors, tile work, and successful electrical and plumbing inspections. The main house is seeing structural improvements, with framing completed and masonry repairs underway. Additionally, we'll provide a look into the mockup room, where fixtures, flooring, and furniture selections are bringing our vision to life. Sponsored by www.CRECentral.com

The Commercial Real Estate Investor Podcast

Tyler Cauble

283. Here’s The Latest with My Boutique Hotel Development in East Nashville (Salt Ranch)

NOV 25, 202445 MIN
The Commercial Real Estate Investor Podcast

283. Here’s The Latest with My Boutique Hotel Development in East Nashville (Salt Ranch)

NOV 25, 202445 MIN

Description

<p>Key Takeaways:</p><p>The Salt Ranch Hotel project in East Nashville was initially designed as a $17 million renovation, but had to be redesigned to a $10 million project to secure funding.</p><p>The permitting process took 18 months, which Tyler described as an "absolute nightmare" due to government regulations and unexpected costs, like having to re-engineer the storm water system.</p><p>Jacob Kromhout was brought on as the project manager to oversee construction, manage the budget and timeline, and serve as the communication link between Tyler and the general contractor.</p><p>The hotel features many historical elements like exposed brick walls, hand-carved casings, and tall original windows that the team is working to preserve and incorporate into the boutique design.</p><p>The project is currently making good progress, with exterior painting, tile installation, and framing/drywall work underway. Securing the site as the weather gets colder is a near-term priority.</p><p>Tyler and Jacob plan to provide monthly construction updates to share the progress on the project, which is aiming for a spring 2025 opening.</p>