FRANKLIN, Tenn. (WKRN) — A new high-end, mixed-use development is in the works on the south side of historic downtown Franklin.

The Margin District is a $165-million project that will include 25 luxury residential units ranging in size from 2,000 to 3,500 square feet and have a price tag of more than $2 million. There will also be 50,000 square feet of retail space and another 50,000 square feet of executive office space. 

The development will serve as an addition and new attraction to downtown Franklin and Main Street, which are the No. 1 drivers of tourism in Williamson County.

“One of everyone's favorite things about downtown Franklin is the walkability that adds so much to the charm and character of the city and at the Residences at The Margin District, not only are you walkable to downtown, but downtown will walk to you,” said Megan Garrett, a real estate agent with Beacon Group of Tennessee at Fridrich & Clark Realty, the team marketing the Residences at the Margin District. 

Although it will lie just beyond the city's historic preservation overlay, developers said it’s being designed to reflect the character of old Franklin. 

The Beacon Group told News 2 that community feedback has played a vital role in their decision making, especially when it comes to parking capacity, as folks who live nearby wanted to ensure visitors won’t encroach on residential streets. They said their ultimate vision is to create a new standard for uniting progress and preservation.

“They are weaving the historic aspect of downtown Franklin, of course, with their own personal design stamp on it,” said Leah Crutchfield, a real estate agent with the Beacon Group. “It is a beautiful exterior building, and these luxury residences are really an answer to what the neighbors wanted, what the community has been looking for - one level living, lock-and-leave lifestyle, and walkable to downtown Franklin with incredible restaurants.”

As of May 5, The Beacon Group confirmed that nine of the 25 residential units have already been reserved. The project is set to be completed by the end of 2027. 

For more information, visit The Margin District’s website.

News Source : https://www.wkrn.com/news/local-news/on-tour-middle-tn/margin-district-project-brings-more-tourism-charm-to-downtown-franklin/