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Metro leaders creating vision for East Bank developments

Posted at 6:23 AM, Feb 08, 2021
and last updated 2021-02-08 07:56:34-05

NASHVILLE, Tenn. (WTVF) — In two separate meetings last week, Metro leaders discussed the future of riverside developments on the East side of the Cumberland.

The first discussion came at Tuesday's Metro Council meeting, where council members gave final approval to an updated plan for the long-planned River North development. The project would build apartments, office space and shops on a plot of land near Top Golf. Developers hope to someday bring in more development to expand the size of the neighborhood.

When the project was first approved in 2018, Metro leaders agreed to pay for $20 million of road improvements in the area. An updated agreement lowers that number to $13 million. Officials said the project's first phase would generate $5 million in annual property taxes.

Two days later, Metro leaders held a public meeting to discuss the big-picture future of the riverfront. Officials were joined by executives from the Tennessee Titans, who said they envision a "transformation" around Nissan Stadium.

"Our vision would be to really create something that's transformative around our stadium... something that is a 365-day vibrant community."

The meeting briefly discussed PSC Metals, a scrap-yard located near the stadium. Council Member Brett Withers said the company had not yet joined discussions about the future vision of the East Bank. He said he hoped to have them come to the table since they are "significant" stakeholders in the area.