State Approves Developer Selection for Capitol Parking Lot Redevelopment
Tennessee approved a revised selection process for a master developer to redevelop five state-owned Capitol parking lots into a mixed-use district.
The State Building Commission unanimously approved a revised developer selection process Sept. 21 for a mixed-use redevelopment of five state-owned parking lots around the Tennessee State Capitol. Responses to the state's request for qualifications are due Nov. 23.
The five lots, known as 16, 26/Gold, 27/Blue, 28 and 29, total about 10.6 acres and are valued at more than $160 million. The Blue Lot at 637 Rosa L. Parks Blvd anchors the assemblage. The state would retain land ownership and lease to a private master developer.
Proposals must replace existing state employee parking with 1,315 spaces. Planned amenities include public green space, gathering areas and a walkable district. The selected developer could also receive an option to redevelop the James K. Polk building site, home of TPAC, if the state vacates it.
Eight firms have submitted notices of intent, including Lincoln Property Co., Giarratana LLC and LAZ. One lot hosts the first phase of The Boring Company's Music City Loop tunnel.
- Address
- 637 Rosa L. Parks Blvd, Nashville, TN
Every filing, company, change and story we have on this project, approved as of our latest read of the record.
Every new Nashville project, in your inbox at 8.
Read from the permits and filings each morning and written up as news. Free.
Free · unsubscribe anytime · no spam, just projects
Groundbreak covers 9 markets
Popular this week in Nashville
More from Nashville
All coverage ↗
Bank OZK Plans First Nashville-Area Office at 5 City Blvd
Marston Music Row Opens at 1740 Division St
Oracle Breaks Ground on $4.5B River North Campus
Nashville Data Center Rules in Force; Permit Moratorium Runs to Dec. 1
75-Unit Condo Building Proposed for Germantown Site
