Southwest Value Partners has plans in the work for Nashville Yards development, a commercial and residential project.Some cities in the southern United States are booming these days, and both companies and residents are flocking there en masse to make their mark. One of those cities is Nashville, Tennessee, which is soaring to the top of the charts on a whole slew of ‘coolest’ cities in America lists. When the perfect storm of interest and capital meet in a desirable location, you know that game-changing developments are right around the corner. As the Tennessean shares, this massive $1 billion project would certainly fit the bill.
Master-developer Southwest Value Partners has plans in work for a development known as Nashville Yards, a commercial and residential project near the red-hot downtown area. Plans call for an 850-seat Regal Cinemas theater complex, a 240-room boutique hotel, a 600-700-capacity live entertainment club, up to a dozen food and beverage offerings, as well as other entertainment offerings. On that note, Los Angeles-based AEG has plans on the drawing board for a roughly 4,000-capacity indoor music venue that would anchor a mixed-use entertainment district.
"We're really creating a destination for not only live entertainment but also for good food and beverage options," according to Ted Tanner, corporate executive vice president of real estate with AEG. "It would be geared towards local Nashville, not just for tourism."
Sounds like an awesome destination, but that’s just one of many reasons to get excited about this revolutionary project. All told, Nashville Yards is expected to include more than 4 million square feet of entertainment, hospitality, residential, retail and offices. Kim Hawkins, the principal with landscape architect Hawkins Partners, notes that the project aims to meld right into the fabric of the city while enhancing it even further.
"Part of what we're really looking at is the opportunity to fully integrate the site into the downtown financial district, into that Church Street corridor that really for so long this 15 acres has not been integrated with," she said. "It has an opportunity to contribute to the whole community and provide more open space whether it's for bikeways, pedestrians or the opportunity of play," she said.
Nashville is booming as it is, and this game-changing project will attract even more residents and tourists to the area. The experience aspect alone will help pack people in, and the wealth of dining and shopping options will insure foot traffic stays high on a year-round basis.