C. B. RAGLAND COMPANY AQUIRES 400 BROADWAY
The Lower Broadway Building Sets Plans to Open Its Doors as the Third Dierks Bentley’s Whiskey Row Location in Early 2017
NASHVILLE, TN – Jan. 7, 2016 – An investment partnership led by Michael Hayes and Brandon Kuvara of C. B. Ragland Company acquired 400 Broadway today from Brenda and Ruble Sanderson. Located on then northwest corner of 4th and Broadway, steps from the iconic Ryman Auditorium, the 14,500 square foot building is currently home to Tatyana’s Boutique.
“This is the best corner in the lower Broadway Honky Tonk District,” said Michael Hayes, President/COO of C. B. Ragland Company. “We plan a significant overhaul of the historic building to animate and activate the upper floors and rooftop with a new restaurant and music venue to compliment the entertainment district.”
Constructed in the late 1800’s, the building was one of the earliest to be preserved and stabilized by MDHA through their redevelopment efforts over 30 years ago. Best known as the longtime home of Gruhn’s guitars, the building has a long musical history which will continue when it opens its doors as Dierks Bentley’s Whiskey Row in early 2017.
“We are excited to announce that we have executed a lease with Management Company RIOT hospitality to open a Dierks Bentley’s Whiskey Row early 2017,” announces C. B. Ragland Company broker Brandon Kuvara.
The Nashville location will be the third Dierks Bentley’s Whiskey Row and the first outside of Bentley’s home state of Arizona. The country bar with a modern edge will offer patrons their signature standout menu items made from scratch in house, using organic meats and locally farmed produce, along with more than 50 beers on tap and a unique selection of signature “cocktails on tap,” craft cocktails from the tap that are then customized with a mixer of guests’ choice. Whiskey Row Nashville will also have two stages for live music, embodying what the area is best known for.
“Lower Broadway’s Honky Tonks are the stomping grounds of countless artists past to present chasing this crazy dream of playing music,” adds Bentley. “It’s home of the bars where I cut my teeth night after night, usually wracking up a beer tab bigger than the tips I made covered. It’s pretty full-circle to think that we’re getting the chance to open one of my bars, backing right up to the Ryman Auditorium, where other artists will look back on as the place they got their start too.”
“We have loved being here the last three years,” said Tatyana’s President and founder Jan Glaser, “but have found with the significant growth in the tourist market, it has been difficult to serve our local customer base. We hope to find a new location soon and look forward to a strong future in Nashville.”
About Riot Hospitality Group
Founded in 2010, Riot Hospitality Group (RHG) is a Scottsdale-based restaurant management company which operates multiple nightclubs and restaurant/bars in Arizona and select U.S. markets. Ryan Hibbert, Mike Troyan, and Jon Wright form the partnership team of RHG. RHG currently owns and operates five successful bar + restaurant concepts: Dierks Bentley’s Whiskey Row (Tempe and Scottsdale, Ariz.) and El Hefe Super Macho Taqueria (Tempe, Ariz., Scottsdale, Ariz. and Chicago, Ill.). Riot Hospitality Group’s plan is to continue its steady growth by setting itself and its unique restaurant + bar concepts apart from the competition.
Universal Music Group Nashville