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By: Geert De Lombaerde
Posted: Tuesday, October 13, 2015 - 14:28
The Central Florida Expressway Authority has awarded an $85 million contract to revamp its toll collection system to Nashville-based TransCore. The contract calls for the upgrading of more than 300 toll lanes TransCore installed a decade and a half ago and is scheduled to be completed by 2018.
By: William Williams
Posted: Tuesday, October 13, 2015 - 13:45
Local developer Wendell Harmer is targeting a North Nashville site just north of Midtown for eight townhomes, according to The Tennessean. Harmer last week paid $250,000 for two lots spanning 0.4 acres and with addresses of 1721 and 1723 Jo Johnston Ave., the morning daily reports.
By: William Williams
Posted: Tuesday, October 13, 2015 - 12:00
Boca Raton, Florida-based Ovation Music & Studios Inc. has announced it will open a space in Gallatin. The company — which offers individual and group lessons, rehearsal studios, professional recording studios and live performances with its Rock Shop and Jazz Jam ensembles — said in a release it has signed a lease in a building that is slated to undergo updates to house the facility. Neither financial terms of the lease nor the building's address were not disclosed in the release.
By: Geert De Lombaerde
Posted: Tuesday, October 13, 2015 - 11:32
The multi-year governance and strategy spat between Cracker Barrel Old Country Store and investor Sardar Biglari may have gone a little quiet in recent months, but that doesn't mean the board of the restaurant and retail company is letting down its guard.
By: William Williams
Posted: Tuesday, October 13, 2015 - 10:15
The average per-gallon price of regular gas in Nashville on Sunday was $2.05, unchanged compared to the mark of a week ago and down eight cents from the figure of four weeks prior. This time in 2014, the average per-gallon price of regular gas in Nashville was $3.02, according to AAA The Auto Club Group. Relatedly, Tennessee’s average price was $2.02 on Sunday, up two cents compared to the figure from the previous week. The price was $2.05 four weeks ago and $2.99 a year ago. In Tennessee, the peak price to date this year has been $2.58 (on June 17).
By: Geert De Lombaerde
Posted: Tuesday, October 13, 2015 - 09:17
Franklin Synergy Bank officials are preparing to open their Nolensville office and have contracted with Century Skanska to handle some design and construction work. The project in the Brittain Plaza center being developed on Nolensville Pike by Stevens Group is worth $184,000.
By: Geert De Lombaerde
Posted: Tuesday, October 13, 2015 - 07:12
Seventy-five of the 80 Belmont University College of Law graduates who took the bar exam this summer passed, a proportion that exceeded the national average by 15 percent. The 94 percent passing rate also ranks as the highest of the state's law schools.
By: Geert De Lombaerde
Posted: Tuesday, October 13, 2015 - 06:58
On the face of it, the restaurant sector is putting up good numbers, says research firm TDn2K in its third-quarter report, which covers more than 22,000 locations around the country. But look beyond the top-level same-store sales growth of 1.5 percent and there are dark clouds on the horizon: Same-store traffic was off 1.3 percent in the quarter versus the mark of the summer of 2014. And that number could get worse thanks to easy comparison last year versus 2013.
By: Emily Kubis
Posted: Monday, October 12, 2015 - 15:00
Acadia Healthcare is planning a $50 million expansion at a Philadelphia facility the company bought this summer, according to the Philadelphia Business Journal.The Franklin company bought the Belmont Center for Comprehensive Treatment from Einstein Healthcare Network for $35 million in June, and initially planned a $10 million investment in the 147-bed facility.
By: Geert De Lombaerde
Posted: Monday, October 12, 2015 - 10:57
Members of a 50-person stakeholders group tasked with helping steer Nashville's efforts to create an inclusionary zoning ordinance will gather for the first time tonight at 5:30 at the Howard Office Building downtown. The group, which includes Metro Council members as well representatives from the development sector and housing advocates, will help gather community feedback on the goals and ways Metro Planning should consider.