NASHVILLE, Tenn. - Following the defeat of the Nashville transit referendum in the beginning of May, Metro Councilman Jeff Syracuse said a neighborhood-specific approach may be a better way to think about the area's transit future.
Metro Council has been set to look at the Donelson Transit Oriented Redevelopment plan in June. It would redo infrastructure, as well as add sidewalks and opportunities for apartments, condos, retail, and office space in the area around Lebanon Pike and the Music City Star train stop, making it the center of a multi-use living, retail, and business development.
The plan would be funded in part through Tax Increment Financing money -- the same funds used to build up downtown in recent years. Syracuse said nearby communities can now benefit from it, too, according to the Nashville Next development plan.
"The last 20 years was downtown, and that was a specific focus," Syracuse said. "Nashville Next says what's next -- it's the first ring communities, and Donelson is definitely one of them."
Syracuse said the Tax Increment Financing money will help encourage developers to redo infrastructure in this area, something they might not do otherwise.
The plan has also called for the addition of workforce and affordable housing in the area.