NASHVILLE, Tenn. (WKRN) – Financing is on track to fund a major new project at the old Bellevue mall.
Earlier Tuesday, the Metro Industrial Development Board gave the green light for $200 million toward revitalizing the vacant shopping center.
Now, both the mayor and Metro Council have to approve the funding in order to make way for the massive mall to be demolished and a mixed-used development to be built.
Once the entire project is approved, the current defunct mall could come down in 60 days.
Plans for redevelopment include almost 400,000 square feet of retail, dining and entertaining space, 330 multi-family residential units, a 120-room hotel and up to 360,000 square feet of office space.
It’s expected to be finished in 2017.