Brookfield Properties, Skanska top out Fifth + Broadway’s office tower
February 07, 2020 – Brookfield Properties and Skanska USA have announced the topping out of the office tower at the Fifth + Broadway, a mixed-use project located in Nashville, Tennessee.
The 372,000ft², 24-storey office tower, known as 501 Commerce, will be the future global headquarters of AllianceBernstein, an investment management firm.
Located immediately across the street from Bridgestone Arena and Ryman Auditorium and lower Broadway’s honky tonk row, the office tower is expected to be ready in summer 2020.
AllianceBernstein is considered to be a premier office tenant at the building, as it recently expanded to 220,000ft² as it now expects to house 1,250 employees at the site. The company has been allotted the levels 17 and 24, which are the top floors of the tower.
Another tenant at the building is BDO USA’s Nashville office who will take about 14,100ft² on the 14th floor.
Fifth + Broadway general manager Tom Miller said: “We are incredibly proud to top out 501 Commerce which will be the most exciting corporate address in Nashville. As with all Fifth + Broadway milestones, a cast of thousands has worked tirelessly for years to achieve this.
“We’d like to thank Skanska, our many civic and business partners, and our office tenants AllianceBernstein and BDO USA who all share passion for this building and what it can be.”
AllianceBernstein president and CEO Seth Bernstein said: “Fifth + Broadway is the right choice to help us deliver a state-of-the-art workplace, equipped with collaborative tools, flexible open spaces, modern staff amenities and innovative technology.”
Fifth + Broadway will also feature 200,000ft² of retail and entertainment space, the 56,000ft² National Museum of African American Music, and The Place at Fifth + Broadway, which is touted to be the tallest apartment tower in Tennessee.
The residential units of Fifth + Broadway will open in spring 2020 and retail and entertainment in fall 2020.