Getahn Ward at The Tennessean reports that UBS is close to committing to 30,000 square feet in One Franklin Park, which already has snagged some other big names. The global financial giant, which has been busy building up its downtown operations center, will install some back-office workers in Cool Springs and also open a wealth management office that could grow to 28 people. Read more here.
Wilson County's planned $10 million Expo Center is under fire from area Republicans claiming the project shouldn't be backed by the government. County commissioners approved plans for the 86,000-square-foot project last month and a study estimates the project could be paid off in less than 20 years. But the Wilson County GOP is up in arms and there's a Lebanon-versus-Mt. Juliet element to the whole debate. Connie Esh at The Wilson Post has the details.
Catherine Powers, Franklin's director of planning and sustainability, has unexpectedly resigned her post, effective immediately. Powers had been on the job for five years. Emily West at Franklin Homepage writes that city leaders didn't give much of an explanation at all Tuesday evening as to the circumstances of her exit.
The Franklin Historic Zoning Commission on Monday night voted to approve plans for Harpeth Square, the $80 million mixed-use project planned for the northeast quadrant of downtown Franklin. Commissioners had voted against the plan less than a month ago, citing concerns about building height and massing. Emily West at Franklin Homepage has more info and context here on the meeting, which got just a bit contentious at one point.
"A lot of you are supportive of the project," Reynolds said. "But there's just as many that don't. You are just more powerful and louder. I would like to vote for this project, but I feel like I am being pushed into a corner. I've been disappointed in the developers willingness to address our concerns."
The crowd immediately called back in unison, "Where are they?" and meeting chairman Besser gaveled them into silence.
A local developer is looking to assemble a decent chunk of property in the Brentwood Town Center, reports Jonathan Romeo at Brentwood Homepage. Peter Whitely last week went before city planning officials to discuss his plans for renovating a Pewitt Drive property he owns. But the bigger picture, Romeo writes, involves his intent to piece together neighboring parcels for a signature project to help define the southern edge of the Town Center district.
"It's a longer term project that, if it all come into fruition, will be something for Brentwood to take pride in," Whitely told Brentwood Home Page.
"Most of it is really unknown at this point. But my intentions are good. What I'm trying to achieve is to give Brentwood that sense of identity with more of an old-world, historic downtown center at the same time incorporating the needs of today."
Regional lender Metropolitan Bank said Tuesday afternoon it has signed a lease for ground-floor space in the One Franklin Park office tower being finished in Cool Springs by Spectrum | Emery.
The leaders of Metropolitan, which entered the Nashville market in early 2012 and now has about $100 million in local loans, will relocate their current operations on Westgate Circle to Franklin Park, which will have Acadia Healthcare, law firm Thompson Burton and Franklin American Mortgage among its tenants. The branch is expected to be up and running by the end of the third quarter.
“We’ve worked hard to grow a number of tremendous client relationships in our current space in Williamson County, but with the growth of our team and client base it is time to establish a larger, more visible presence in the market,” said Bill Menkel, Metropolitan’s Nashville market CEO. “Williamson County is an important market for Metropolitan and we want to establish a location which will provide enhanced convenience for both existing and prospective clients, but at the end of the day, it’s our people and the client experience they deliver each day that makes Metropolitan truly unique.”
The new office will be home to up to 12 employees. For more info, click here.
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