When real estate investors Southwest Value Partners purchased a 16-acre site in a prime location on the western edge of downtown Nashville, our team was brought on to help reimagine its potential. The result is a high-quality, urban community that celebrates Nashville’s roots while introducing an eclectic mix of spaces that continues to advance the world-class city.
square-feet of entertainment, retail, office and residential space
Celebrating Nashville's Roots with People-Centric DesignAs its name suggests, the Nashville Yards site was once a railyard; the place that people and goods entered Nashville. With the new development, Nashville Yards once again becomes the gateway to the city through the creative combination of:
- Prominent additions to the city’s skyline (9 parcels in total)
- A layered walkable environment, including a new stacked street (Upper 10th Avenue North)
- More than 4 acres of open green space that will connect to downtown’s greenway network, linking this underutilized land back into the city fabric.
An Experience Unlike Any OtherIntegrated design features such as pedestrian plazas and common branding elements that influence the way people will engage with streets, sidewalks and lighting will creative a holistic feeling within Nashville Yards. Parking will be conveniently located underground and out of site, while designated on-street ride-sharing drop-off and pick-up areas will be provided.
A Prime Location, Built for the FutureIn late 2018, Amazon announced that it will open its “Operations Center of Excellence” at the site, bringing 5,000 jobs and occupying 1 million square feet of office space across two towers. Construction is underway, and it will feature a parking garage that is convertible to office space in the future, one of the region’s first examples of design that accounts for future trends in transportation preferences.
Measuring the ImpactOverall, the project is estimated to generate over $36 billion in economic impact to the region.
During construction, the development is estimated to generate:
- $2.8+ billion in economic impact
- One-time construction-related taxes of $20+ million to the city and $69+ million to the state
- 3,200 jobs
Once completed, the development is expected to generate:
- $2+ billion in annual economic impact
- Annual taxes in excess of: $21 million to city and $27 million to state
- 14,800 permanent jobs