A Dallas-based developer is looking to plant a major new flag near one of Nashville’s busiest tourist zones, with a 340-unit apartment proposal that would add even more residents to the Opryland orbit.
Lincoln Property Co. has filed plans for a multifamily project called Pennington Centre in Donelson, a quick drive from the Gaylord Opryland Resort & Convention Center. Renderings tied to the filing are credited to design firm Gresham Smith and appear in Metro public records. If the project moves ahead, it would bring a hefty block of rental housing to an area already crowded with hotels and a growing crop of new apartments.
According to the Nashville Business Journal, the Pennington Centre plan calls for roughly 340 multifamily units less than two miles from the Gaylord Opryland Resort & Convention Center. The outlet notes that Lincoln Property Company is based in Dallas and that the initial project materials were filed this week.
The Pennington Bend neighborhood is no stranger to fresh construction. Recent multifamily development includes The Sound at Pennington Bend at 330 Pennington Centre Blvd, which developers and project pages link to Lincoln and the nearby buildout. Local design and developer materials document how quickly the area has filled in as hotels, retail, and residential projects cluster around the Briley Parkway and McGavock Pike corridors. Catalyst Design Group and public listings highlight prior work in the same stretch.
Where the project would sit
Public parcel maps and commercial listings place Pennington-area projects in the pocket framed by Pennington Centre Boulevard, McGavock Pike, and Briley Parkway, within an easy drive of Opry Mills and the broader Opryland complex. Property and commercial records flag parcels in that cluster and help explain why developers keep circling the Donelson corridor for new mixed-use additions. LoopNet listings and tax records map out the nearby sites.
Next steps
For now, Pennington Centre appears to be firmly in the early-stage category. The Nashville Business Journal coverage points to renderings and a filing but offers no construction schedule, financing details or ground-breaking date. The project will have to clear Metro review and permitting before any dirt is turned, and the developer has not yet put a public timeline on the table. City planning records and future filings will be the best clues for when Pennington Centre might actually move.
Why it matters
A 340-unit complex would represent a sizable injection of rental housing for Donelson at a time when the immediate Opryland area keeps stacking up hotels and mixed-use projects. Local planning and tourism pipeline documents show a steady run of hotel and commercial developments in the works nearby, and developers argue that those projects support demand for more housing for both employees and extended-stay visitors. Visit Music City and industry listings track the broader buildout around Opryland.
We will be watching Metro filings and any future announcements from Lincoln Property Co. for details on building massing, unit mix, and an expected timeline for Pennington Centre. For now, the filing is one more sign that national developers are not done betting on housing around one of Nashville’s largest tourism hubs.
