Edgehill site eyed for apartment building
Seven-story structure would sit near I-65 Wedgewood exit
A seven-story apartment building is being eyed for a three-parcel site located near the Interstate 65 exit onto Wedgewood Avenue.
Tentatively to be called The Ridley and to have 103 residential units, the building will offer a main address of 1805 Ridley Blvd. and sit at the T-intersection of Ridley and East Argyle Avenue. Located nearby are residential building Parkview Midtown and the intersection of Wedgewood and Eighth avenues.
Brentwood-based V3 Realty has the property under contract with two owners, according to a document submitted to the Metro Board of Zoning Appeals. Russell Rice of Brentwood owns the 0.12-acre parcel at 1805 Ridley, with the Rice family having paid $85,500 for it in 2006, according to Metro records.
The Stoner family owns parcels at 743-745 E. Argyle, having paid a collective $125,000 for the two sites in 1995 and 2006, respectively. Trasbin Lee Stoner II is a retired Realtor who specialized in residential sales.
To move forward with the redevelopment of the site, V3 Realty is seeking a special exception from the BZA regarding street and rear setbacks. Company officials could not reached for comment.
The property sits on the southern fringe of Edgehill and within Metro Councilmember Colby Sledge’s District 17. Sledge told the Post he will not support a special exception.
Franklin-based Consortium is handling architecture and land planning duties, according to the document. The building will offer five levels of residential and two floors of above-grade parking. Civil engineer and land-planning company M2 Group, also based in Franklin, is also involved.
V3 Realty is the property manager for 83 Freight in Wedgewood-Houston. That property is billed as one of the largest shipping container residences in the United States.