230 4th Ave N, Nashville, TN 37219
Downtown’s Wells Fargo Plaza building adjacent to Printer’s Alley is being developed into a boutique hotel called The Bobby. Nashville based property development and investment company Castlerock Asset Management is completely renovating the building. Castlerock secured a $25.9 million construction loan from Nashville-based Pinnacle Bank for The Bobby.
The Bobby hotel’s nine floors will offer 144 rooms and multiple food and beverage outlets including a cafe, restaurant and bar accessed via Fourth in addition to a roof-top venue and bar, with meeting spaces and retail on street-level. Fingers crossed for a rooftop pool.
Founded by Kevin Fee and billionaire Seamus Ross, Castlerock Asset Management bought the building for $6.3 million in 2013. Fee, who lives in New York City, co-founded Castlerock with business partner Seamus Ross, an Irishman currently living in Nashville. Ross owns Dalquharran Castle in Ayrshire, a ruined castle built by Robert Adam in 1780. It was initially earmarked for major redevelopment as a golf resort, before Irish real estate markets turned down.
DF Chase will serve as general contractor, with David Mexico Design Group the architect. Other companies involved include Bullock Smith and Partners, Structural Design Group, I.C. Thomasson Associates and Civil Site Design Group.