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A partnership between Pendry Hotels & Resorts, SomeraRoad and Trestle Studio has received $253 million in construction financing for Pendry Nashville and Pendry Residences Nashville, a luxury residential development and hotel in Nashville’s Paseo South Gulch district.

The 30-story condominium and hotel tower will include 180 hotel rooms and 146 residences. The establishment is set to feature a restaurant, a bar, a rooftop swimming pool, a garden, indoor and outdoor fitness centers, a library, a junior ballroom with a show kitchen and a ballroom with a private outdoor terrace. It will also feature approximately 10,000 square feet of meeting and event spaces.