**Congress Group and Taurus Investment Holdings Secure $25M Bridge Loan for Nashville Development**
The Congress Group and Taurus Investment Holdings have closed on a $25 million bridge loan for Park Place Equinox, a high-profile mixed-use development in Downtown Nashville. The financing, provided by Concord Summit Capital, refinances an existing acquisition facility and allocates pre-development capital to support final design and entitlement efforts.
Park Place is a transformative, master-planned project set on a 2.1-acre city block and will feature three iconic high-rise towers. The development is set to include:
– A 239-unit luxury condominium tower
– A 245-key five-star hotel
– A 480-unit apartment building
– More than 25,000 square feet of ground-level retail
– A 962-space underground parking garage
– Over 50,000 square feet of elevated park and open space
This project marks one of the first new developments to be branded and managed by Equinox Hotels, a luxury hospitality brand known for its focus on fitness and wellness. Planned amenities include an 18,000-square-foot Equinox Club and spa, a rooftop pool and lounge, and exclusive services for residents.
Currently in the pre-development phase, vertical construction at Park Place Equinox is expected to begin in 2026.
