Stop AirBnBs (or any STRPs) in the Olmsted Nashville Apartment Complex
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Olmsted residents! There is power in numbers! Protect our home from becoming a frat house through an influx of AirBnB units! Sign your name to this petition, to send to the new coming management (Niido) and to our Freddie O'Connell, our downtown city councilman.
The Olmsted-Nashville, located in the Downtown Corridor of Metro District 19, opened it's 328-unit complex in late 2017- featuring studio, 1, 2, and 3 bedroom luxury units. With rents ranging from $1224-3000, the complex filled quickly with young professionals eager to enjoy the amenities and the opportunities provided by downtown-living... and paying top dollar for it.
At move-in, many potential tenants questioned the current management and leasing agents about the existence of tourism units (specifically short term rentals like AirBnB or HomeAway) inside the complex- and the answer was an explicit no. This sentiment was also shared by the binding lease each resident was required to sign, stating clearly that there would be no subletting or home-sharing allowed in the complex.
Coincidentally, the management was previously aware that the complex had sold to Miami-based real estate developer, Niido, who bid on the complex on December 15th. The company had already usurped another complex in Kissimmee, Florida called the Domain- where residents were similarly blindsided by the switch to a hotel-like complex. Residents were encouraged to rent out their units to tourists for up to 180 days out of the year, which was largely unpopular with the residents. They were simply told that their would be an "exit plan" for those who did not agree with the new model. Read more here: https://skift.com/2018/04/04/tenants-of-new-airbnb-branded-complex-in-florida-feel-blindsided/
With 2 hotels in walking distance and 3 more being built on the same block of the Olmsted, the Niido homeshare model is a gross misuse of housing units for the actual residents of Nashville. The downtown plan clearly states that the downtown district is slated to become a mixed-use corridor, with equal focus on business, tourism, AND residential growth. Let's fight to make sure tourism is not prioritized over the rights of Nashville citizens.
Please sign this petition saying NO to Short Term Rental Properties (STRPs like AirBnB) in our home. Tourism units in our complex would bring a multitude of issues, including decreased building security, added trash/cleanliness concerns in community spaces, parking and elevator congestion, noise complaints from "party-minded" visitors, and overall less concern for preserving and maintaining our living space. While we welcome visitors to our town, we deserve to know our neighbors and feel safe, clean, and respected in our home.
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