CREA Selects Local Firm To Develop Affordable Housing At River Chase In East Nashville.

Cypress Real Estate Advisors (CREA) has selected Nashville-based Holladay Ventures as its affordable housing partner for the RiverChase Apartments redevelopment project in the McFerrin Park neighborhood. CREA will sell 2.96 acres of the former RiverChase site to Holladay for the construction of 140 units of affordable housing along Joseph Avenue and Berry Street. The Holladay Ventures parcel will sit within a larger mixed-income, mixed-use community that will have a total of 1,150 residences, including 105 affordable units that will be built by CREA. The project is located at 301 North 2nd Street.