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NEWS ARCHIVE
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Rhinestone Cowboy Glen Campbell Museum-New Addition to Tower's Nashville Building
Glen Campbell to Be the Subject of New Museum in Downtown Nashville
Following in the footsteps of Johnny Cash, Patsy Cline and George Jones, Glen Campbell will be the subject of a new museum in downtown Nashville.
The Glen Campbell Museum & Rhinestone Stage, which is slated to open in early 2020, will honor the life of the “Rhinestone Cowboy” by showcasing different stages of his career and displaying a collection of personal artifacts, including guitars, instruments, golf clubs, family photos, stage clothing and much more.
Located at the corner of Broadway and 2nd Avenue, the 4,000-square-foot museum will transform into The Rhinestone Stage in the evenings, a live music venue that hopes to attract national and local acts.
Tower Hosts Womens Veterans Photo Shoot at Natomas Pointe Plaza
Tower Investments was pleased to host James R. Morrison Photography at its Natomas Pointe Plaza property in Sacramento for a photo shoot related to the She Also Served Project that recognizes women veterans, their service to our country and the contributions they make to our communities. The photo shoot today was for Danielle Marshall, a US Air Force veteran...
Tower's tenant, retail-giant Fanatics, makes news with new Bay Area HQ
"Fanatics, online sports retail giant, sets up shop at Bay Meadows"
SAN MATEO -- As Bay Area sports fans enjoy a glorious renaissance fueled by the Giants and Warriors, a company that converts that passion into e-commerce gold has planted its corporate flag in the heart of the Peninsula.
Fanatics, a global leader in online sports merchandise, opened a new West Coast headquarters this month in San Mateo, reflecting the importance of Silicon Valley's talent pool to the company's growth in the realm of mobile technology. The move tucks another feather in the cap of the city's Bay Meadows development, a sprawling two-stage project on the site of a former horse-racing track.
Nashville Real Estate Market is on Fire
"Emery plows ahead on second new Cool Springs office building" 11/13/14
"New Gulch luxury hotel lands $4M in public financing" 11/11/2014
"Bridgeston'es $232.6M downtown HQ high-rise to create 607 new jobs" 11/11/2014
"Turnberry to build 35-story luxury Marriott hotel, office tower in downtown Nashville" 11/10/2014
"Ovation's office developer finally ready 'to get in the game'" 9/2/2014
"Developer pursues grocery store for $100M Midtown project" 8/22/2014
"Elk Run is proud of neighbor, Mayo Clinic, for its distinction of 'best hospital in the USA'"
"Elk Run is proud of neighbor, Mayo Clinic, for its distinction of 'best hospital in the USA'"
"CMA Country Music Fest attracts top artists and 80,000 fans"
"CMA Country Music Fest attracts top artists and 80,000 fans"
"Tower Entertainment Venues doing well in booming Nashville"
It's a small city with a big reputation-almost all of it deserved. Over the past decade or so, Nashville has evolved beyond a music mecca to become a celebrity magnet and a culinary powerhouse too. Under-the-radar restaurants no longer exist-new establishments seem to get national attention faster than you can say "Catbird Seat." You might spot anyone from Tom Hanks to Justin Timberlake on the streets. A certain prime-time, eponymous television show hasn't exactly dimmed the spotlight on the town.
Tower Investments offers land for new Pine Island Elementary School
Woodland, California – May 27, 2014. Forgetting my cell phone at home was the best way to start a rewarding day on the lake fishing with disadvantaged children. The 9th-annual Field of Dreams’ Kid's Fishing Day was a great success. No cell phone required. paybestwatch01.me
The event started on Friday, May 16th with dinner at Granzella's in Williams, CA. Great food and two guest speakers – 11-yr. old Joe Mammola of Yuba City and 14-yr. old Albertito Salomon of Sacramento. Their optimism and humor made the evening.
The families equipped with new fishing gear stayed the night at Granzella's Inn. Saturday began with a big breakfast and then off to fish on a lake at family owned cattle ranch in Stonyford, CA.
Stonyford Ranch hosts 2014 Field of Dreams annual Kid's Fishing Day
May 27, 2014
Woodland, California – May 27, 2014. Forgetting my cell phone at home was the best way to start a rewarding day on the lake fishing with disadvantaged children. The 9th-annual Field of Dreams’ Kid's Fishing Day was a great success. No cell phone required. paybestwatch01.me
The event started on Friday, May 16th with dinner at Granzella's in Williams, CA. Great food and two guest speakers – 11-yr. old Joe Mammola of Yuba City and 14-yr. old Albertito Salomon of Sacramento. Their optimism and humor made the evening.
The families equipped with new fishing gear stayed the night at Granzella's Inn. Saturday began with a big breakfast and then off to fish on a lake at family owned cattle ranch in Stonyford, CA.
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Tower Investments offers land for new Pine Island Elementary School
PINE ISLAND – On December 6, Pine Island School Board chairman Jeff Leland announced that Tower Investments, LLC will donate 38 acres of land to the school to build a new PreK-4 school. The land donation is contingent on the residents of the district passing the referendum to construct the building.
Leland read a letter confirming the donation that was written to Superintendent Tammy Berg-Beniak by Tower’s Senior Vice President John W. Pierce. The letter read, “Tower Investments is proud to be part of the growth of the City of Pine Island. We believe excellent public education is a critical component of a city’s growth. Pine Island Public Schools have provided the excellence in public education in the past but we have seen that they are in need of additional facilities to continue this level of high quality education.
Tower Investments wins eminent domain dispute with MDHA over Music City Center land
A bitterly contentious four-year legal dispute about the fair value of land Metro took to build the new convention center came to a close Wednesday when the Tennessee Supreme Court denied the city’s request to appeal, giving a decisive victory to development firm Tower Investments.
Metro used eminent domain to take land south of Broadway it needed to build Music City Center, and then paid owners what it contended was fair market value for their property. Only a handful of property owners contested the value of their land, led by Tower, which hired an all-star team of attorneys to represent its case. The Metro Development and Housing Agency handled the condemnation cases for the project.
Tower Investments Buys Office Complex in Fair Oaks, CA
Tower Investments is pleased to announce the purchase of a 15,275 square foot, multi-building office complex located at 8146 Greenback Lane, Fair Oaks, California. Comprised of three multi-tenant office buildings (two single-story and one double-story), the complex was 40% leased at the time of purchase. Towers intends to condo the property and sell individual buildings to investors or users.
Small town life, big conveniences
Since August, 45 families have purchased or placed contracts to buy customized homes in the neighborhood, according to Tower Investments LLC, the company developing the neighborhood. Ryan Homes, a national company, is building all of the homes in Stream Valley.
Located near Lewisburg Pike and the Goose Creek Bypass, Stream Valley is part of a wave of development along Interstate 65 near State Route 840. The community is less than a mile from Berry Farms, a mixed-used development that eventually will include several hundred single-family homes, townhomes and apartments, as well as several million square feet of office and retail space.
Nearby, Thompson’s Station is also growing. mars. Petcare is building an $87.9 million innovations center, and Shelter Insurance is investing up to $5 million to build a 30,000-square-foot headquarters inside Tollgate Village, a 330-acre mixed-use community being developed by Dock Street Communities. It may eventually have up to 550 homes.
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Stonyford Ranch hosts Field of Dreams Annual Kids Fishing Day
The Marks family was proud to once again host the Field of Dreams annual Kid’s Fishing Day at the Stonyford Ranch, in Stonyford, California. Fourteen families and a total of 34 children were in attendance.
The kids and their families had the chance to catch fish either from a pier or from a boat. The boats were a big hit with the kids and were 100% occupied throughout the day. A lunch was hosted back at the Ranch headquarters where the kids also had the chance to meet a Cal Fire crew and had the opportunity to spray water from the fire engine’s hose, turn on the lights and sound the siren.
Tower Investments Buys Auburn Bluffs Estate subdivision, Auburn, CA
Tower Investments is pleased to announce the purchase of the Auburn Bluffs subdivision in Auburn,CA. The project is currently approved with a final map for 46 townhome lots. Tower intends to continue processing a tentative map for 29 family dwelling lots for the property to offer greater flexibility to buyers. Located a short distance from historic downtown Auburn, this commercially-finished “in-fill” project offers premium views of the American River Canyon and distant views of Folsom Lake.
Work starts on 345-acre Stream Valley community in Franklin
Residential development is underway on Stream Valley, a massive mixed-use project in southern Williamson County.
In April, Tower Investments LLC and Tennessee Contractors Inc. paid $5.8 million for the 345-acre planned community near the intersection of Goose Creek Bypass and Lewisburg Pike in Franklin.
The land is zoned for 824 single-family homes, 240 condos/apartments, 290,000 square feet of office space and 10,000 square feet of retail. The planned community is located near Boyle Investment Company's mixed-use Berry Farms development.
Sale of 210,000 SF Iowa Distribution Center in Fairfield, IA
Tower Investments has sold its Fairfield, Iowa Distribution Center. The sale consisted of 210,000 square feet of distribution warehouse space and 25 acres of adjoining land. Tower owned the property for 6 years and had leased the Distribution Center to Books Are Fun, a Division of Readers Digest.
Tower gets victory in convention center case
Project budget at risk as judge agrees Metro underpaid for land
The budget for the new convention center was dealt another blow Friday when a Nashville judge affirmed an earlier jury ruling that said Metro did not pay a fair price for a critical piece of land for the project.
The Metro Development and Housing Agency, which was in charge of acquiring land for the Music City Center, hoped Circuit Court Judge Joe Binkley would reduce a critical July jury verdict in the contentious eminent domain case against development firm Tower Investments. Instead, Binkley agreed with the jury's verdict that MDHA undervalued the land, which the city condemned and took from Tower to construct the new convention center south of Broadway.
Binkley rejected motions filed by MDHA seeking a new trial or to have the $30.4 million jury verdict reduced.
Sale of Northern California Ranch land to two Indian tribes
Tower Investments has sold 7,934 acres of its ranch land in Northern California - to two Indian tribes. Tower Investments had owned and operated these ranches for many years.
Yolo County, CA:
Yocha DeHe Wintun Nation: 1,494 acres - added to its ongoing stewardship of its ancestral lands and its culture. The tribe operates diversified farming and ranching operations in Capay Valley, and includes winemaking and olive oil production. The Nation also owns and operates the Cache Creek Casino Resort, the largest private-sector employer in Yolo County.
Colusa County, CA:
Cachil DeHe Band of Wintun Indians: 6,440 acres, adding to its diversified ranching and farming operations. The tribe grows crops that include tree crops, grains and field crops, including 2,800 acres of rice. The tribe's reservation is the Colusa Rancheria, founded in 1907. The tribe also owns and operates the Colusa Casino Resort.