Towery development focuses on urban core, opportunistic real estate development and investment projects. These project types include multi-family, office, mixed-use and industrial in Nashville urban submarkets such as Hillsboro Village, 12th South, The Gulch, Music Row, Midtown, Edgehill, 8th Avenue South corridor, and SoBro.
After graduating from Auburn University in Civil Engineering, McClain spent a significant portion of his career in land design and development. As a licensed Civil Engineer (TN, AL, GA) and LEED Accredited Professional, he managed a site development team at Gresham, Smith and Partners for 7 years. His team was in charge of due diligence, site selection, site design, permitting and construction administration. McClain’s projects carried him through the bureaucracy of 17 different states and countless cities, towns and counties. These agencies required navigation through local building, engineering, traffic/transportation departments as well as environmental agencies, planning commissions, historical commissions, EPA, FAA, and many DOTs. McClain’s project types included: office, multi-family, mixed-use, healthcare, subdivisions, retail and restaurants. This experience provided the necessary technical skill set for his transition into real estate development.
In early 2012, McClain started a new real estate development endeavor, Towery Development. Towery Development focuses on urban core opportunistic real estate development and investment projects. These projects include multi-family, office, mixed-use and industrial in Nashville urban submarkets such as Hillsboro Village, 12th South, Music Row, 8th Avenue South corridor and SoBro. Towery Holdings and its subsidiaries have a market cap of approximately $50 million. Concurrently with his new company, McClain pursued a master’s degree from Auburn University in Real Estate Development in early 2012 to compliment his technical skills with business, financial, market analysis, real estate law and securitization skills for real estate. He graduated in May of 2014 at the top of his class and is a member of the Urban Land Institute and Auburn University Master of Real Estate Development Alumni Advisory Council.