Germantown

Last weekend  I went out looking for new place to live. I  wanted something urban and wanted to own it so I headed north to some new lofts in Germantown. The Lofts at Werthan Mills. WOW!

They took an old mill and have refurbished it into luxury (of course) lofts and townhouses.  Some units have great views of the city but they all come with a hefty price tag. Hefty as in $160k for a 600 sq ft condo…that’s roughly $283/sq ft. My house in the suburbs is $80/sq ft. A three story townhouse with a view of the Nashville Skyline will cost you $450k.

Directly across the street were income-limited apartments that looked very nice. Very contemporary and urban but you couldn’t make anymore than $25/k a year!  So on one side of Rosa Parks Blvd you’ve got low income housing and directly across the street on the same block you’ve got luxury condos.  What’s the deal?!

What about single 20 somethings that want something cool in the city, but can’t afford half a million dollars? What about the demographic that’s between the projects and luxury condos? Seems to me someone’s missing out on a good market. But everywhere you go it’s all luxury this and high end that.

So my search for cool/urban/artsy/hip/AFFORDABLE housing continues…

here are some pics of Werthan Mills…