An Australian fitness company, The Yard Gym, is preparing to open its first location in Nashville at the One City mixed-use development. This move signals the brand's ongoing expansion into the U.S. market. The development is part of a series of recent business and real estate activities in the greater Nashville area, including a significant commercial property listing in Berry Hill and a corporate acquisition in the architecture sector.
Key Takeaways
- Australian fitness brand The Yard Gym will establish a new facility in the 5 City Boulevard tower at One City.
- A commercial property in Berry Hill, comprising two parcels, has been listed for sale with an asking price of $4 million.
- Alabama-based architecture and engineering firm Goodwyn Mills Cawood has acquired Cassetty Architects of Hendersonville.
The Yard Gym Expands to Nashville
The Yard Gym, a fitness chain originating from Australia, has secured a space in Nashville. According to public records, a permit valued at approximately $198,000 has been filed for the build-out of the new facility.
The gym will be located at 6 City Ave., within the 15-story mixed-use building known as 5 City Boulevard. This tower primarily consists of office space, and the addition of The Yard Gym introduces a new retail and service component to the building.
A Closer Look at the Brand
Founded in 2020 by Tiarne and Daniel Bova in Caringbah, New South Wales, The Yard Gym is described as a boutique fitness business. The company has grown rapidly, primarily through a franchise model, establishing a presence across Australia and expanding into the United States.
The brand's U.S. operations currently span eight states. Prior to this announcement, the nearest location to Nashville was in Birmingham, Alabama, highlighting the strategic importance of the new Tennessee facility for its southeastern growth.
About One City Development
One City is a large-scale, multi-phase urban development in Nashville. It is designed to integrate office, residential, retail, and hotel spaces, creating a self-contained community. The inclusion of an international fitness brand like The Yard Gym aligns with the development's goal of offering diverse amenities to its residents and commercial tenants.
Berry Hill Commercial Property Hits the Market for $4 Million
In a separate real estate development, a commercial property in Berry Hill has been listed for sale with an asking price of $4 million. The listing includes two adjacent parcels located at 2700 and 2702 Greystone Road.
The properties are currently owned by B Squared LLC. Metro records indicate the owner acquired the parcels in two separate transactions. The first purchase occurred in 2017, and the second was completed in mid-2024, with a combined acquisition cost of approximately $1.52 million.
Property Investment Details
The current $4 million listing price represents a potential gross return of over 160% on the owner's total investment of $1.52 million. This valuation reflects the significant appreciation in commercial real estate values in the Berry Hill area over the past several years.
The marketing and sale of the property are being managed by Matt Davis, a realtor with the Nashville-based firm The Wilson Group Real Estate Services. The building at 2702 Greystone Road appears to be occupied by Orange Thread Live Events, a local business in the area.
Alabama Firm Acquires Hendersonville Architecture Company
The regional architecture and engineering landscape is also seeing changes. Goodwyn Mills Cawood (GMC), a prominent firm based in Alabama, has announced the acquisition of Cassetty Architects, a specialized firm from Hendersonville, Tennessee.
The financial terms of the acquisition were not made public. This strategic purchase strengthens GMC's presence and capabilities in the Tennessee market, where it already operates offices in Nashville and Brentwood.
"The acquisition adds four architects to Montgomery-based GMC," according to information from the Nashville Business Journal, which first reported the deal.
Details of the Companies Involved
Goodwyn Mills Cawood is recognized as one of the largest architecture and engineering firms in the Southeast, with a network of 27 offices across the region. The company provides a wide range of services in architecture, engineering, and environmental consulting.
Cassetty Architects was founded in 1998 by Clint Cassetty. The firm has carved out a niche by focusing its practice on the design of hospitals and other health care facilities. This specialized expertise is expected to complement GMC's broader service offerings.
This series of business moves—from international retail expansion to local property sales and corporate acquisitions—underscores the dynamic and evolving nature of Nashville's commercial and real estate sectors.
