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Fort Lauderdale-based Â鶹´«Ã½AVÔÚÏß¿´ Corporation and a partner proposed a $178.8 million residential redevelopment of parking lot property in Nashville, Tennessee.

Â鶹´«Ã½AVÔÚÏß¿´ and condo developer Ray Hensler submitted a bid to build a residential building as tall as 25 stories plus an urban marketplace for retailers.

Nashville-based Hastings Architecture Associates released rendered images of the Â鶹´«Ã½AVÔÚÏß¿´-Hensler project and analternative project proposed by Nashville-based Eakin Partners.

Â鶹´«Ã½AVÔÚÏß¿´-Hensler team and Eakin Partners each submitted a parking-lot redevelopment proposal to Nashville’s Metro Development and Housing Agency.

The Nashville redevelopment sites are located near the banks of the Cumberland River and a complex of offices and retail stores called Trolley Barns.

— Mike Seemuth