BUSINESS: Murfreesboro Company Continues Growth Throughout State and Country
Thursday, February 20, 2020 10:24 am
TDK is a privately-held development and construction company with headquarters in Murfreesboro, Tenn. Founded in Kentucky in 1959 by Dorris Keach, TDK is a three-generation company that builds and develops projects throughout the Southeast and Southwest. Having completed more than 10,000 units valued at more than $1.2 billion, TDK properties are setting a new standard in the multi-family housing industry.
The growth continues to spread beyond Murfreesboro on a regular basis.
TDK and Jason Phillips will break ground on Vintage Northcreek, an upscale apartment community in Goodlettsville, Tim Keach, CEO of TDK announced today. Vintage Northcreek is a joint venture and will be a pedestrian friendly development featuring 127 apartments in a mixed use community
"Vintage Northcreek continues our theme of elevated living by providing a unique experience combining location and luxury. Located on North Creek Commons Boulevard. adjacent to Kroger and within walking distance to a number of retail options and the post office, it meets the desire of millennials and baby boomers for a modern, convenient, and comfortable lifestyle," Keach said.
"Goodlettsville is my hometown and I am excited to bring a development of this quality to the area. This will be the first new apartment complex to be built in the last 15 years, and there will be nothing comparable to it in our community," Jason Phillips added.
TDK obtained a construction loan through Walker and Dunlop. When completed in the fall of 2021, Vintage Northcreek will provide interior elevators and feature one-, two- and three-bedroom options with a variety of floor plans. Units will offer larger square-footage apartments and first-class amenities, including a full-size washer and dryer; ceiling fans in living rooms and bedrooms; hardwood inspired flooring; ceramic tile bath floors; quartz countertops accenting the kitchen, island, and baths; stainless steel appliances; and maple cabinetry.
Vintage Northcreek provides residents with an abundance of on-site amenities, including a resort-style pool area; a pet spa; and an indoor fitness center, showcasing the latest in Precor equipment. Vintage Northcreek will provide ample greenspace with its unique location that backs up to Mansker Creek and will include a 3-acre dog park.
Pre-leasing for Vintage Northcreek will begin in the spring of 2021 with Elmington Property Management managing the development in partnership with TDK.
TDK is finalizing construction a $39 million project in Amelia Island, Fla.; a $45 million project in Louisville, Ky.; and a $49.5 million project in Murfreesboro. These developments are in addition to current projects in Dallas and Bartlesville, Okla., as well as a transit-oriented development in Mt. Juliet.