Charlotte developer reveals renderings, timeline for major Germantown development

Proffitt Dixon Partners’ Ferra is slated to rise on Second Avenue, about a block away from First Horizon Stadium.

Axiom, EOA via Metro records

Sophia Young

By Sophia Young – Reporter, Nashville Business Journal

Oct 5, 2026

Story Highlights

  • Proffitt Dixon Partners plans to break ground on Ferra in second quarter 2027.
  • The seven-story development will include around 325 apartments and ground-level retail.
  • Proffitt Dixon paid $32.53 million for its 5.98-acre Germantown property in 2021.

An out-of-town developer is ready to take a swing at the second phase of its major Germantown development.

Charlotte-based Proffitt Dixon Partners is eyeing a 2027 groundbreaking for its “Ferra” mixed-use development near First Horizon Park in Germantown, according to Stuart Proffitt, founding partner at Proffitt Dixon Partners.

The developer recently submitted a request for overall height modification to the Metro Planning Department for the project, which is planned to offer hundreds of apartments, retail and restaurant space

The new filings reveal one of the first looks at the project which is slated to rise next to Proffitt Dixon’s Chamberlain House development that opened earlier this year.

Ferra, which will rise at 1000 Second Ave. N., is slated to rise seven stories and offer around 325 apartments, ground-level retail space, as well as a restaurant along the greenway. Nashville-based EOA Architects and Charlotte-based Axiom Architecture are designing the project, according to Metro records.

The ground level will feature retail space

“One of the coolest things about Germantown is this rhythm of residential with a restaurant or retail scattered in there,” Proffitt told the Business Journal in a June interview. “So, we plan to have a really great restaurant right there on the corner with outdoor seating that spills out on the greenway.”

While the firm’s six-story Chamberlain House development features apartment units wrapped around a central pool area on the first floor, Proffitt Dixon Partners opted for a taller second phase, with Ferra planned to include a rooftop pool and amenity area.

“We made it more dense than most of the things that you see in the neighborhood. We’ll have our amenity on the top floor, and it has this great view of the river,” Proffitt previously said. “By doing that, it was a more efficient use of the land. And it really makes it stand out and feel special.”

Proffitt Dixon paid $32.53 million for the 5.98-acre Second Avenue property in 2021, following the success of its Peyton Stakes apartment development it built on the other side of Germantown.

The firm started with Chamberlain House, which saw its 345 units hits 60% leased within a few months of opening and is now preparing to tackle Ferra, which will rise on the northern portion of the site. Ferra is expected to break ground in the second quarter of 2027, with an expected completion in spring 2028, according to Proffitt.

Proffitt Dixon Partners is also looking to sell a portion of its property. The firm has enlisted the Nashville office of Stream Realty to market a 0.8-acre piece of the site next to the Jefferson Street Bridge as a potential hotel development opportunity.

The height request for the Ferra development will go before the planning department for approval on Nov. 12.