Big Plan Holdings is Nashville's best-kept secret, a hidden gem with mind-blowing wealth. Founded by the Joseph family in 2020, this diversified holding company invests strategically in real estate, cannabis, and entertainment. You'll find them reshaping the city's nightlife, with new projects like the JBJ's Nashville and a $61 million bar/restaurant on Broadway. With over $1 billion in successful exits, their commitment to community benefits is clear. They're not just about profits; they empower underrepresented communities and promote philanthropy. Stick around, and you'll uncover even more about their incredible impact on Nashville's landscape.
Key Takeaways
- Big Plan Holdings, founded in 2020, has achieved over $1 billion in exits across 30+ projects, showcasing its financial prowess.
- The company strategically invests in real estate, cannabis, and entertainment, driving significant community benefits and economic growth in Nashville.
- With offices in major cities and over 300 professionals, Big Plan Holdings emphasizes long-term partnerships and passion-driven projects.
- Their recent hospitality ventures, including a $61 million project on Broadway, elevate Nashville's nightlife and dining scene.
- The Joseph Family Foundation supports community initiatives, focusing on education, health, and diversity, enhancing their philanthropic impact.
Overview of Big Plan Holdings
Big Plan Holdings stands out as a dynamic force in Nashville's business landscape. Founded in 2020 by the Joseph family, this diversified family holding company has quickly made a name for itself by focusing on strategic investments across multiple industries, including real estate, cannabis, and entertainment.
With its headquarters in Nashville and additional offices in Chicago, Los Angeles, New York, and Boulder, Big Plan Holdings employs over 300 professionals dedicated to driving community growth and fostering relationships. The company's investment strategies reflect current trends in sustainability and responsible investing, showcasing a commitment not just to financial returns but also to positive community impact.
The company's impressive performance history includes engaging in over 30 projects and achieving more than $1 billion in exits. This success is a demonstration of the Joseph family's 30 years of experience in managing and deploying capital effectively.
Big Plan Holdings operates under a family-centric culture that emphasizes mentorship for emerging entrepreneurs, ensuring that both the company and the community thrive together.
If you're looking to understand Nashville's evolving business environment, you'll find that Big Plan Holdings embodies the innovative spirit and commitment to impactful practices that drive the city's growth. Their strategic investments showcase not just a dedication to profit, but also to nurturing the community.
Strategic Investment Approaches
At the heart of Big Plan Holdings' success lies a strategic investment approach that prioritizes relationships and community impact. This company has a remarkable 30 years of experience in capital deployment, and their investment strategy is a blend of thorough due diligence and a strategic vision that focuses on fruitful partnerships.
You'll find that they emphasize passion-driven projects, opening doors to unique opportunities across diverse industries, much like the way family-friendly attractions are designed to engage communities in enjoyable experiences.
Here are three key aspects of their strategic investment approach:
- Selective Capital Deployment: Big Plan evaluates over 500 deals annually, ensuring that every investment aligns perfectly with investor interests and community benefits.
- Focus on Relationships: They cultivate long-standing partnerships and seek new collaborations that foster growth, particularly in real estate deals and entertainment sectors.
- Successful Exits: With over $1 billion in successful exits, their approach consistently delivers results that reflect their commitment to impactful investments.
Recent Developments in Hospitality
Nashville's hospitality scene is buzzing with exciting new developments that promise to elevate the city's entertainment offerings. One of the standout venues is JBJ's Nashville, which recently opened with a permanent Jon Bon Jovi hologram unit. This five-story entertainment venue enhances Nashville's vibrant scene and features a grand opening that included a private concert by the iconic artist himself.
Additionally, the cruise industry's evolution in size and luxury options mirrors the growth of Nashville's entertainment landscape, highlighting the importance of unique experiences for guests luxury cruises provide exclusive amenities.
In addition to JBJ's, Big Plan Holdings has secured a $61 million construction loan for a bar/restaurant project at 405 Broadway. This prime location, purchased for $9.4 million in 2020, will span 36,767 square feet and is set to open in late spring 2024. This highly anticipated establishment will feature a branded concept with an A-list celebrity partner, further enriching Nashville's food and beverage landscape.
Moreover, the city is also welcoming other hospitality ventures like The Blueprint Underground Cocktail Club by Billy Dec and Playdate, an interactive restaurant concept, both of which are set to launch soon. These developments not only enhance Nashville's entertainment offerings but also solidify its position as a top destination for nightlife and dining.
Real Estate and Cannabis Ventures
With the hospitality scene thriving, real estate in Nashville is also experiencing significant growth, particularly in the cannabis sector.
Big Plan Holdings is at the forefront of this transformation, securing a remarkable $61 million construction loan for their latest project at 405 Broadway. Acquired for $9.4 million in 2020, this property is set to open in late spring 2024, further enhancing Nashville's reputation as a premier entertainment destination.
This strategic move aligns with the growing trend of diversifying investments to include emerging markets like cannabis, which can provide a hedge against market volatility.
Here are three key aspects of Big Plan Holdings' strategic investments:
- Expansion into Cannabis: The company has re-entered the cannabis industry by acquiring properties for Ascend Wellness Holdings, currently operating three dispensaries and a grow facility in Maine.
- Commercial Real Estate Expertise: With over $1 billion in commercial real estate transactions across 40 states, Big Plan Holdings boasts a strong track record that supports its ventures.
- Entertainment Developments: Focusing on multi-story music venues, they're actively transforming Lower Broadway, making it a hotspot for visitors and locals alike.
Through these initiatives, Big Plan Holdings is poised to make a significant impact on Nashville's evolving landscape.
Community Impact and Philanthropy
Countless organizations in Nashville are making a difference, and Big Plan Holdings stands out for its commitment to community impact and philanthropy. The company actively supports underrepresented communities through initiatives backed by the Joseph Family Foundation, focusing on Education, Living Aid, Health & Wellness, and Diversity, Equity, and Inclusion (DEI).
Their efforts resonate with the importance of cultural exchange and respect in engagements, similar to the way companies collaborate with Native communities to foster economic benefits and mutual growth cultural exchange and respect.
Big Plan Holdings has organized impactful fundraising events like the Kiss Breast Cancer Goodbye Benefit Concert and Casino Night, raising awareness about climate displacement and other pressing issues. Collaborations with organizations such as the Susan G. Komen Foundation and IRAP further highlight their dedication to community-building and philanthropy.
The Amulet Society, initiated by Big Plan Holdings, fosters women empowerment through networking and mentorship opportunities, encouraging professional growth and collaboration.
Additionally, the company champions minority and women empowerment in the cannabis industry, creating safe spaces for underrepresented groups to thrive in investment sectors.
Through these efforts, Big Plan Holdings not only drives positive change but also inspires others in Nashville to engage in meaningful philanthropy and community support. With such a strong focus on social responsibility, they're truly making an impact.
Frequently Asked Questions
Who Owns Big Plan Holdings?
Big Plan Holdings is owned by the Joseph family, with Josh Joseph leading the charge. They focus on strategic investments across various industries, building a strong family-centric culture while actively engaging in community involvement.
Who Owns JBJ Nashville?
You might think it's a rock star's dream, but JBJ Nashville is actually owned by Big Plan Holdings, a family-run company established by the Joseph family. They're bringing a unique experience to Broadway's vibrant scene.
Conclusion
In a city buzzing with talent and opportunity, Big Plan Holdings stands like a hidden gem, illuminating Nashville's potential. You've seen the signs, but now it's time to dive deeper into their impressive strategies and community impact. With their innovative investments in hospitality, real estate, and cannabis, they're not just shaping the market; they're redefining it. Keep your eyes peeled—this is just the beginning of a remarkable journey that could change the landscape of Nashville forever!
