The planned sale of Nashville Superspeedway to locally based NeXovation has fallen through, but NeXovation CEO Robb Sexton says he's not giving up. He says a big reason his team hasn't closed on its $46 million deal is that its lender hasn't followed through and caused lengthy delays. Now that the Dover deal has expired, it can look for other funders to back its plans.
"We have invested millions of dollars in the Speedway sales process and we are not going to allow the negative actions of others to deter us from our goal," Sexton said in a statement issued late Friday.
SEE ALSO: Dover's new 10-Q, in which execs say they are in talks with other potential buyers
A California human resources consulting firm has signed a lease for 30,000 square feet of Bank of America Plaza office space, writes Tennessean reporter Getahn Ward, and plans to hire 200 people between now and the end of the year. DayNine, which was launched in 2009, runs seven other U.S. offices — including one in Atlanta — as well as in London and Sydney.
DayNine is working with city and state officials on an incentive package tied to its expansion here, Ramos said. The company also looks to work with area colleges and universities and is already talking to other companies about attracting and recruiting more young professionals to Nashville.
Financial services firm Raymond James will next week relocate its West End Avenue office, which is home to about 50 people, to MarketStreet’s Gulch Crossing building on Demonbreun Street. The firm’s local leaders have big plans to capitalize on their new space by beefing up their personnel roster by at least seven financial advisors and their staffs.
“The opening of Raymond James’ office at Gulch Crossing has been long anticipated by our advisors and staff and provides us with much needed space to accommodate the expansion of our already strong presence here in Nashville,” Bill Lynch, manager of the retail office, said in a release.
The West End Raymond James branch has almost $2 billion of client assets under management and has grown from its four advisors in 2006 to the 18 who will make the Gulch move.
Panattoni Development has been issued a $2.52 million permit for interior finishes at its 95,000-square-foot office building being completed at 35 16th Ave. S. in Music Row, according to a Metro Codes Department document.
The building will house the headquarters for performing rights organization SESAC.
Alston Construction is serving as general contractor of the project, with the building standing five stories.
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