**The Congress Group and Taurus Investment Holdings Secure $25M Bridge Loan for Park Place Equinox in Downtown Nashville**
The Congress Group and Taurus Investment Holdings have secured a $25 million bridge loan to advance their Park Place Equinox development in Downtown Nashville. The financing, arranged by Concord Summit Capital, will refinance an existing acquisition facility and provide pre-development funding for the project’s final design and entitlement work.
Park Place is a master-planned mixed-use development set across a 2.1-acre city block in the heart of Nashville. Once complete, the project will feature:
– A 239-unit luxury condominium tower
– A 245-key five-star hotel
– A 480-unit apartment building
– Over 25,000 square feet of ground-level retail space
– A 962-space underground parking garage
– More than 50,000 square feet of elevated park and open space
Notably, Park Place will be among the first new developments to be branded and operated by Equinox Hotels, a luxury hospitality brand known for its focus on fitness and wellness. The project will also include an 18,000-square-foot Equinox Club and spa, a rooftop pool and lounge, and exclusive amenities for residents.
Currently in the pre-development phase, construction for Park Place Equinox is scheduled to begin in 2026.