Lattimore Black Morgan & Cain and the LBMC Family of Companies have signed a letter of intent to be the anchor office tenant of H.G. Hill Realty Co.'s Hill Center Brentwood planned for the sites formerly home to Murray Ohio and the Tennessee Baptist Convention headquarters, the two entities announced Monday.
LBMC, one of the 50 largest U.S. accounting and business consulting firm and the largest regional company of its type based in Tennessee, will occupy approximately 65,000 square feet of the proposed building. If approved by City of Brentwood officials, the structure will sit at the intersection of Franklin Road and Maryland Way, one of Brentwood's most prominent corners. The letter of intent comes on the eve of LBMC’s 30th anniversary.
In a release, LBMC officials said the announcement affirms the company's desire to keep its headquarters and approximately 300 employees in Brentwood and Williamson County. LBMC currently has its office in Maryland Farms at 5250 Virginia Way, pictured here.
“This presents a great opportunity for us to meet our increasing space needs, as well as maintain our headquarters location in Brentwood, where we have been for the last 30 years,” David Morgan, LBMC co-managing partner, said in a release.
In addition to the LBMC announcement, Hill Realty CEO Jimmy Granbery informed Brentwood City Commission members at Monday night's commission meeting of the company's intent to request C2 zoning for the properties. Of note, C2 is the zoning for the company's existing center anchored by The Fresh Market, Puffy Muffin and REI. The former Murray and TBC properties are currently zoned C1, which allows for primarily office-only development.
The rezoning application, which will be filed with the city later this month, will follow a May 22 community meeting at which Hill Realty will present its preliminary plans for redevelopment. This community update follows a series of neighborhood meetings, community listening sessions and individual meetings with residents, business owners and City of Brentwood officials to, as Hill Realty described in its release, "solicit input and help guide and inform" the company's internal planning.
"The meetings held over the past several months — along with a review of the preliminary Brentwood 2020 survey results and analysis of several traffic studies — provided significant and valuable feedback for our company and our development team," Granbery (pictured) said in the release. "One of the main takeaways from the listening sessions was the desire not only for additional retail and dining options, but a clearly stated desire for a particular type and quality."
This is the second major project Hill Realty has planned for the site. Almost two years ago, the Nashville-based development company and GBT Realty proposed The Streets of Brentwood, a mixed-use project for which the companies eventually scrapped plans after some citizens expressed concerns related to traffic. (Read more here.)
Presenting the early-stage plans for Hill Center Brentwood will allow the community to view and react in the early stages of the redevelopment of the combined properties, Granbery said.
"The rezoning request by no means indicates that we are set in stone with regard to everything in our filing," he said. "We look forward to sharing our preliminary plans with our neighbors, introducing our development team and moving the redevelopment forward."
The May 22 meeting will be held in the auditorium of the Tennessee Baptist Convention building at 5001 Maryland Way, starting at 6 p.m.