**Congress Group and Taurus Investment Holdings Secure $25M Bridge Loan for Downtown Nashville Project**
The Congress Group and Taurus Investment Holdings have secured a $25 million bridge loan for Park Place Equinox, a major mixed-use development planned for Downtown Nashville. The financing, arranged by Concord Summit Capital, refinances an existing acquisition loan and provides pre-development funding to complete final design and entitlement work.
Park Place Equinox is a master-planned development that will span a full 2.1-acre city block and include three high-rise towers. Key components of the project include:
– A 239-unit luxury condominium tower
– A 245-room five-star hotel
– A 480-unit apartment building
– Over 25,000 square feet of ground-level retail
– A 962-space underground parking garage
– More than 50,000 square feet of elevated park and open space
The development is also expected to become one of the first new projects branded and operated by Equinox Hotels, the luxury fitness and wellness-focused hospitality brand. Plans include an 18,000-square-foot Equinox Club and spa, a rooftop pool and lounge, and exclusive residential amenities.
Currently in the pre-development phase, vertical construction on Park Place Equinox is projected to begin in 2026.
