A VA lease on West End, IT firm lands in Donelson, foreign-car mechanics on the move, and more...
Jan 8, 2010 11:59 AM
Buyer says Nashville strategic to future growth
Jan 7, 2010 1:14 PM
Developers of the planned medical trade center in Cleveland could break ground on the project as early as October, according to a report today by The Plain Dealer. Last month, the $425 million development seemed to be in limbo when the developer decided to relocate part of the project. Construction on the Nashville Medical Trade Center is slated to start in late 2010 for a 2013 opening, pending necessary approvals and leasing agreements. In contrast, the competing project in New York City now is expected to open before the start of 2012. As NashvillePost.com first reported last month, backers of the World Product Centre have scrapped plans to build a $1 billion, 60-story tower in favor of using existing office space on a smaller scale to get to market faster.
Jan 7, 2010 11:43 AM
Mayor Dean today presented an economic-impact study that says the proposed Music City Center will generate $135 million per year once it moves beyond its start-up phase.
The vast majority of that figure — $86.6 million — represents so-called “direct spending,” dollars spent by conventioneers and exhibitors. “Consider the debt service of $40 million per year. … Every dollar spent will create $2 in revenue," Dean said. "These new dollars go directly into the local economy."
Jan 6, 2010 2:30 PM
Now that the infamous holiday traffic has receded, groundbreaking began at The Mall At Green Hills for the long-awaited Nordstrom. The high-end Seattle-based retailer is expected to open the new store August 2010 October 2011. From a presser:
“We are excited to reach this major milestone as The Mall prepares the site location for Nordstrom’s new store at The Mall at Green Hills”, said Hank Woerner, mall manager. “Not only does this mark the first major department store to be built in Nashville in several years, but it also puts The Mall at Green Hills on the national map as a regional luxury shopping destination.”The construction of the store and another project — a new parking deck — will require a new traffic pattern around the mall. During the pre-construction phase, the mall's south entrance off Abbott Martin and Bandywood will be closed. The parking deck is accessible from Hillsboro Pike and Abbott Martin, but levels 3, 4 and 5 will be closed until the fall. Everything should be back to normal in time for the 2010 Christmas shopping season.
Jan 5, 2010 12:05 PM
The next phase for 100 Oaks, Virago version 2.0, Baker Donelson renovating again, and more...
Dec 31, 2009 10:12 AM
As we were catching up to SEC documents filed just before Christmas, we saw that Louisiana-Pacific has signed a new financing deal for its Chilean operations. The company last week inked a 10-year, $39 million loan agreement with Banco de Crédito e Inversiones to replace a credit line with a Chilean bank.
Dec 29, 2009 2:24 PM
Antioch's Ridgeview Heights files for Chapter 11 protection
Dec 29, 2009 2:17 PM
Asurion adding to Grassmere operations, Union Street building upgrade, electronics retailer landing at BNA, and more...
Dec 26, 2009 12:32 PM