US: Developer Vastland Company has closed on a $130 million construction loan for its debut VOCE Hotel & Residences in Nashville.
VOCE Hotel & Residences is 25-storey, mixed-use development offering 192 private residences, 114 luxury hotel suites, 60,000 square feet of office space, and more than 40,000 square feet of wellness amenities.
The project is located in Midtown Nashville at 1717 Hayes St. Construction will be led by BL Harbert International and managed by Vastland. Work will begin on 8 December 2025 with an expected completion in autumn 2027.
The loan was provided by Atlanta-based investment firm Peachtree Group. BayBridge Real Estate Capital acted as Vastland’s capital market broker.
“There has never been a project like VOCE in Nashville, and the city is the ideal first market to introduce the VOCE brand to the world,” said Mack McClung, founder and CEO of Vastland Company. “As we commence vertical construction on our fully realised, beautifully designed, amenity-laden flagship project, we expect intense demand for our remaining units.”
More than 50 per cent of residences have already sold, according to McClung. Residences sales are led by Vastland principal broker Christy Frewin.
“This allows us to close this construction financing on favourable terms while ensuring the hotel will operate debt-free upon opening, which is a rarity in today’s environment,” he added.
Residence owners will have the option to participate in a professionally managed four-star hotel program.
Other partners in the project include:
- The Preston Partnership (architectural design)
- ID & Design International (interior design)
- Restoration Hardware Design (hospitality and residences)
- Civil Site Design Group (civil engineer)
- HDLA (landscape architect)
Highlights:
- Vastland Company secures $130 million construction loan from Peachtree for VOCE Hotel & Residences in Nashville.
- 25-storey mixed-use project with 114 hotel suites and 192 private residences.
- Includes 60,000 square feet of office and more than 40,000 square feet of wellness amenities.
- Located in Midtown Nashville; construction expected to complete autumn 2027.
- Over 50 per cent of residences pre-sold; option to join four-star hotel program.
