Now that a developer has dropped medical trade center plans for the current Nashville convention center facility, Mayor Karl Dean says he's not worried the soon-to-be-obsolete facility will be put to good use.
“There's obviously a lot of interest in that building,” said Dean on Friday after he announced plans for an Avenue of the Arts.
“It's got a great location, it's a building that is entirely owned by the city, and its got just wonderful potential so I am not worried about something good happening there,” he added.
The building sits adjacent to one section of the downtown entertainment district just a few feet from the historic Ryman Theatre and a block from the gigantic Music City Convention Center that will replace the current convention center next spring.
“It's an incredibly prime piece of real estate and yes, there will be a lot of speculation on what should and could go there,” corporate realtor Tim Stowell told Nashville's News 2 on Thursday.
Stowell thinks the convention center might be a mixed use entertainment facility, but while the mayor wasn't going to get in the guessing game, he echoes the value of the site.
“It is a prime piece of real estate in a city doing very well, and we'll just evaluate things and see where we are,” the mayor said.
- Oct. 11, 2012: Nashville medical trade center project suspended
- Feb. 28, 2012: Medical mart on schedule to open in 2014
- Jan. 20, 2010: Convention center approval clears way for medical mart
- Nov. 30, 2009: $250 million medical mart to be built in Nashville
- June 17, 2009: Medical trade mart could begin operations next summer
- May 19, 2009: Medical mart makes sense with new Music City Center, company says
- May 18, 2009: Medical trade center could be coming to Nashville