MURFREESBORO - Tim Keach, CEO of TDK, announced Wednesday they have broken ground on Vintage Gateway, a $49.5 million upscale apartment community in Murfreesboro's Gateway area.
With its unique centralized location on Medical Center Parkway, between Thompson Lane and Robert Rose Drive, Vintage Gateway will be a pedestrian-friendly community within walking distance to numerous restaurants and shopping options and a connecting path to the Stones River Greenway.
"Vintage Gateway continues our theme of elevated living. It offers a different look and different feel from anything else in the marketplace, and it meets the desire of millennials and baby boomers for a modern, convenient, and comfortable lifestyle. Murfreesboro has a diverse economy with a large number of people who want this ease of living, and Vintage Gateway outdoes the rest of the market with the amenities we provide," Keach said.
When completed in the fall of 2019, Vintage Gateway will include 255 units, featuring 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.
A walkable, but safe community with fully secured buildings requiring their own key fob and security cameras throughout the property, Vintage Gateway provides ample greenspace with its unique location. To compliment the abundant outdoor opportunities, Vintage Gateway offers a bike-share program.
Vintage Gateway provides residents with an abundance of on-site amenities, including direct access and free-standing garages; a pet park and spa; a resort-style pool area unique to Tennessee, including private cabanas, fire pits, in-pool tanning ledges, and a covered trellis with outdoor televisions; a rooftop deck with an indoor/ outdoor bar and fire pit; secure 24-hour package and cold food storage receiving rooms; and an indoor fitness center, showcasing the latest in Precor equipment.
Vintage Gateway follows the successful launch of Vintage at the Avenue and is the sixth development TDK has completed in Murfreesboro. Pre-leasing will begin in early spring of 2019.
TDK has a build-and-hold philosophy that benefits their customers. They are one of the few companies in the industry to bring a fully-integrated approach to development by serving as the developer, general contractor, and long-term owner of the asset. By retaining ownership of the investment, as opposed to selling their asset to a property management company like most competitors, TDK is vested in the continued success and longevity of their apartment community.
TDK is a privately-held construction and development company with headquarters in Murfreesboro. Founded in Kentucky in 1959 by Dorris Keach, TDK is a three-generation company that builds and develops projects throughout the Southeast, Midwest, and Southwest. Having completed more than 6,800 units valued at more than $700 million and with more units under construction across the country than any other Tennessee-based company, TDK properties are setting a new standard in the multi-family housing industry.