The River North development gained more traction this week after the Metro Council approved money to improve the infrastructure in and around the 120-acre development on the east bank of the Cumberland River.
River North was announced in early 2017 and showed the opportunity to develop the land north of Top Golf across the river from Germantown.
According to the development's website, "River North will usher in a new era of urban living, connectivity and commerce creating a dynamic epicenter on the Cumberland River."
Plans for the area include buildings up to 38 stories tall, which can include office space, residential housing, hotel space, shopping, dining, and many other options.
The development also has plans to create a pedestrian bridge to Germantown from the development, as well as a marina and plenty of green space.
On Tuesday, the Metro Council approved $20 million for road infrastructure in and around the River North development.
Council member Scott Davis, who covers the district River North resides in, provided the following statement:
“After many years of collaborative efforts between private and public entities, the redevelopment of the East Bank is finally close to realization with River North. These capital-spending items will serve to increase transportation capacity and connectivity, starting the infrastructure necessary to establish vibrancy and activity along the Cumberland River.
The activation of the East Bank is one of the greatest opportunities our city has in front of it. It is an exceedingly rare chance to infill our downtown core with jobs and housing density without displacing any residents.
I look forward to the unprecedented opportunity it will bring my district and all of Nashville.”
The developers for the project also voiced their support and excitement of the funds that were distributed, with Don Allen of Monroe Investment Partners providing the following statement:
"We're pleased to see the city make the redevelopment of the East Bank and activation of the Cumberland River a priority by investing in its public infrastructure. The Planning Commission and Council approved UDO for the River North District, which begins north of Jefferson St., sets aside property for the development of a riverfront park and greenway, as well as a large centrally located public park. This infrastructure will increase accessibility and connectivity to these public spaces as well as to work and living opportunities future developments will provide."
River North is currently working to secure tenants, and now that funding is approved for infrastructure, it's expected construction will begin soon.
