414 Union St Tower to Become 360-Room Hotel by Spring 2028
TC Investment Holdings and Scott Borchetta plan to convert the top 10 floors of the 21-story tower at 414 Union St into a 360-room hotel, targeting a spring 2028 opening.
The top 10 floors of the 21-story, 435,525-square-foot tower at 414 Union St will be converted into a 360-room hotel under plans for the Philips Plaza conversion. Public development listings identify Scott Borchetta and Columbus, Ohio-based TC Investment Holdings as the developer. The building will operate as mixed use.
Built in 1977 as a Class A office tower and formerly known as Bank of America Plaza, the building was purchased for $29 million in 2025 by 414 Union Holdings LLC, an ownership group that includes Scott Borchetta and Columbus, Ohio-based TC Investment Holdings.
Gibsons Bar & Steakhouse has leased the first floor. Permit filings in 2025 flagged the top 10 floors for hotel use.
The hotel targets a spring 2028 opening.
- Address
- 414 Union St, Nashville, TN 37219
- Floors
- 21
- Sq ft
- 435,525
- Completion
- Mar 2028
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