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The Nashville-based family office, Big Plan Holdings, has closed a $61,000,000 construction loan for its 36,767 sq. ft bar/restaurant/entertainment venue development located at 405 Broadway in downtown Nashville. This property was previously acquired by Big Plan Holdings in 2020 for $9,400,000. The development is expected to open in late spring and will feature a branded concept with an A-list celebrity partner soon to be announced.
With real estate deals, cannabis companies, cannabis operators, and hospitality as pillars in the group’s holdings, Joseph’s career experience is one to learn from.
Big Plan Holdings Legacy Partners (BPH-LP), a subsidiary of Nashville, Tennessee-based Big Plan Holdings (BPH), is pleased to announce the acquisition of a strategically significant property located in Franklin, New Jersey, expanding their reach and that of Ascend Wellness Holdings (AWH), one of the nation’s largest multistate operating (‘MSO’) cannabis companies, in the process.
The most recent development to hit the downtown Nashville scene is 405 Broadway. The L-shaped parcel has access to both Broadway and Fourth Avenue and was purchased by Nashville-based real estate investment firm Big Plan Holdings.
Founder and CEO Josh Joseph (who teams with wife and CFO Tara Joseph to run the business) told the Post this week he hopes to identify his celebrity partner, who has already been finalized in the business arrangement, in early 2022.
Josh and Tara Joseph have been on a tear since setting up camp in Nashville. With a $27.5 million construction loan in tow, their firm is demonstrating its staying power on Lower Broadway — and Music City as a whole.
Joseph, along with a partner, recently entered the Maine cannabis market with an investment made to Silver Therapeutics of Maine which includes three (3) dispensaries and one (1) grow and processing facility.
Big Plan Holdings' founders Josh and Tara Joseph announce $9.4 Million purchase of 405 Broadway with plans for a multi-story music and entertainment development in its future.