JLL PDS selected to manage design and construction of FirstBank’s new headquarters at ONE22ONE in Downtown Nashville

JLL’s Project and Development Services (PDS) team has been selected to manage the design and construction of FirstBank’s new 52,000-square-foot headquarters at ONE22ONE, a Class-AA office building in Downtown Nashville. JLL Project Manager Jasmine Jarupat will oversee the project on behalf of FirstBank.

Founded in 1906, FirstBank is the third-largest bank headquartered in Tennessee, with 82 full-service branch locations across the Southeast. Moving from its current location at Third and Commerce, the company will be the anchor tenant at ONE22ONE and occupy 52,000 square feet of space across two floors. The space will feature open-floor seating, modular offices, a bank and a variety of collaborative spaces. As the anchor tenant, FirstBank has also been awarded signage rights. The upgraded headquarters is expected to be ready for move-in by March 2023.

“As a community bank with strong roots across West Tennessee, we look forward to building upon the foundation established in Downtown Nashville by moving our headquarters to the rapidly growing central business district,” said FirstBank CEO Chris Holmes. “JLL’s team has already proved to be a valuable partner in this important milestone for our company and we look forward to utilizing its project management expertise throughout the various phases of the project.”

Located at 1221 Broadway in the booming Gulch neighborhood, ONE22ONE encompasses 365,000 square feet of office space and 16,000 square feet of ground-floor retail. With direct access to I-40 and I-65 and centrally located in The Gulch, the 24-story building will offer tenants immediate walkability to surrounding apartments, restaurants, entertainment and shopping.

“Our vision for this project is to create a personalized space for FirstBank to continue to grow into so that they can best serve their community,” said JLL Project Manager Jasmine Jarupat. “We are thrilled to work alongside FirstBank and GBT Realty Corporation to lead project management efforts for their exciting new space in the heart of Nashville.”

Featuring world-class amenities, ONE22ONE includes a eleventh-floor amenity deck and café, as well as a luxury entryway complete with a porte-cochere, a covered entrance for vehicles with seamless drop-off and pick-up spots. The building is pursuing the Leadership in Energy and Environmental Design (LEED) certification, WiredScore Platinum designation and the WELL Building Standard health-safety rating. ONE22ONE is currently under construction and will deliver this spring.

“FirstBank’s new headquarters will create a tailored experience both for FirstBank associates and clients alike,” said Jennifer Crawford, Associate for Hastings Architecture. “It’s our hope that the warm palette and natural materials will create a welcoming new environment that is approachable yet refined. These uniquely designed spaces will honor the bank’s rich history while promoting a spirit of innovation and forward thinking. The design will celebrate a strong homegrown legacy through the sourcing of local materials, emphasizing belonging and commitment to the community.”

According to JLL’s Q4 2021 Nashville Office Insight report, leasing activity in Q4 totaled 740,851 square feet – a level approaching the high year-end activity seen prior to the COVID-19 pandemic. This marked increase will lead to lower vacancy and higher absorption throughout the first part of 2022. As detailed in the report, most new developments include collaborative lounge areas and other features designed to attract tenants in the industries of technology, advertising, media and information.