Mainstead MetroCenter Under Construction at 407 Great Circle Rd
Oldacre McDonald's 300-unit, 6-story Mainstead MetroCenter is under construction at 407 Great Circle Rd, backed by a $63.5M loan from United Bank.
Mainstead MetroCenter, a 300-unit, 6-story mixed-use apartment project, is under construction at 407 Great Circle Rd in Nashville. The building includes ground-floor retail and surface parking. Oldacre McDonald is developing, with architecture by Niles Bolton.
Building permit No. 2023031549, issued July 10, 2026, covers the apartment shell and is valued at $43,957,400. The pool will be permitted separately.
United Bank provided a $63.5 million construction loan, with Medalist Capital assisting in servicing. Demolition of the former Lipman Brothers warehouse was underway as of April 2026. A limited partnership including Nashville-based Lipman Brothers owns the 15-acre site.
This is the first of three buildings. Full buildout calls for roughly 750 units and 30,000 square feet of restaurant and retail space.
- Address
- 401 Great Circle Rd, Nashville, TN 37228
- Units
- 300
- Floors
- 6
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