Metro government announced late Wednesday afternoon plans to develop the old Nashville Convention Center.
The proposed $230 million development would be built by a group led by Pat Emery. Emery was instrumental in developing the Cool Springs office market.
Initial plans indicate the current building, located in the heart of downtown Nashville near the Bridgestone Arena and Ryman Auditorium, would be demolished and replaced with more than one million square feet of new space comprised of office space, retail and entertainment, including the National Museum of African American Music.
“This plan maximizes this prime location in the heart of our downtown tourism and entertainment district by bringing in more places to shop, eat, visit and work,” Mayor Karl Dean said.
Tim Stowell, Corporate Real Estate Advisors Owner added, “It's right in the middle of where Nashville is growing, so I cannot think of anything more prime than that,”
The new structure is expected to be 16 to 28 stories high with construction beginning in 2017.