**Congress Group, Taurus Investment Secure $25M Bridge Loan for Park Place Equinox in Nashville**
The Congress Group and Taurus Investment Holdings have secured a $25 million bridge loan for Park Place Equinox, a major development project in Downtown Nashville. The loan was provided by Concord Summit Capital and will refinance an existing acquisition facility while also funding the final design and entitlement phases of the project.
Park Place is envisioned as a master-planned, mixed-use development spanning a full 2.1-acre city block. The plans include:
– A 239-unit luxury condominium tower
– A 245-key five-star hotel
– A 480-unit apartment building
– Over 25,000 square feet of ground-floor retail space
– A 962-space underground parking garage
– More than 50,000 square feet of elevated park and open space
The development will be one of the first of its kind branded and operated by Equinox Hotels, the luxury fitness and wellness-focused hospitality brand. It will feature an 18,000-square-foot Equinox Club and spa, a rooftop pool and lounge, and a suite of exclusive amenities for residents.
Park Place is currently in the pre-development phase, with vertical construction expected to begin in 2026.
