Fairgrounds plan shows office tower, 889 residential units - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

Fairgrounds plan shows office tower, 889 residential units

NASHVILLE, TN (WSMV) -

A consultant's report suggests the fairgrounds property in Nashville could create 3,800 jobs if the land is redeveloped as an office park with two parking garages and some 889 housing units.

The plan, which was drafted by a group of five consulting companies, envisions a small park, one million square feet of office space, retail space, two parking garages with green roofs and possibly a 90-room hotel.

The consultant suggested the city invest $76 million in infrastructure improvements, including new roads, a civic building, and a public park. They suggested the city could sell off parcels to developers for about $55 million.

The plan drew immediate criticism from several metro council members.

"This is not the wish of the voters. In a referendum, they overwhelmingly said no," said Councilman Tony Tenpenny.

"This goes against what the voters have made clear they desire," said Councilman Duane Dominy.

While most of the crowd at the presentation opposed the mixed-use plan, resident Heidi Basgall Favorite said she liked what she saw.

"The economic impact to me is just a no-brainer. Even if it's just a third of that," she said.

The plan will now go to a series of metro council committees for discussion.

 Copyright 2013 WSMV (Meredith Corporation).  All rights reserved.

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