Sunday, March 8, 2009 , 9:50 a.m.

The Terrace on North Shore

North Shore park access with parking

DEVELOPMENT PROFILE

Name: The Terrace at Frazier

Location: 345 Frazier Ave., across from Coolidge Park

Description: 10 residential condos, residential penthouse floor, two floors of commercial-retail

Residential prices: $359,000 to $654,000

Commercial prices: $21 per square foot, plus triple net: common area maintenance, taxes and insurance; the price is for the shell, plus lighting and heating and air

Developer: Jimmy Hudson, Grubb & Ellis/Hudson

Residential listing agent: Jill Kisling, Keller Williams, 559-3359 or jill@jillshomesonline.com

Commercial listing agent: Mike Fullam, Grubb & Ellis, 605-0713 or mike.fullam@grubb-ellis.com

Web site: theterraceatfrazier.com

Open house: Every Sunday 2-4 p.m.

PROPERTY FEATURES

Size: Condos are 1,100 square feet to 1,655 square feet; penthouse spaces are available from 1,000 to 12,000 square feet Views: North Shore, Tennessee River and downtown

Amenities: Crown molding; base molding; hardwood floors; fixtures by Restoration Hardware; cosmopolitan design and colors; customizable interiors and floor plans; storage unit at no charge.

Parking: Each residential unit has two parking spots in a private, secured area. Each retail user gets three secured parking spaces per 1,000 square feet of commercial space. Residents and businesses have the use of CARTA’s public North Shore garage, which is connected to The Terrace by a covered walkway.

Other: The building is the only North Shore stop for the electric shuttle, Ms. Kisling said, providing access to downtown and the Southside. And, Coolidge Park is across the street.

Commercial space: There are 14,000 square feet available for retail lease on the first floor, Mr. Fullam said. Regions Bank will open in late April with two drive-through bays. The second floor has 15,500 square feet available for Class A office condo for lease or for sale. Between 1,200 square feet and 15,000 square feet is available. The space is ideal for attorneys, doctors, lawyers or other professionals, Mr. Fullam said.

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