Oct 28, 2021 - Business

$2.5 billion riverfront development announced

A rendering of a proposed Riverside development features parks and commercial space.

A rendering of a proposed Riverside development. Image courtesy of Ewing Properties

Ewing Properties unveiled plans for a $2.5 billion mixed-use development on the north bend of the Cumberland River off West Trinity Lane.

  • It's the latest iteration of a project eight years in the making, but this time the plans are being rolled out with the crucial support of Metro Council member Kyonzte Toombs.

Why it matters: The development, called the Riverside, represents a massive investment in northwest Davidson County.

  • Plans call for three distinct public parks totaling 25 acres, plus 5 million square feet of residential, commercial and retail spaces, the developers announced in a press release.

What's happening: Ewing Properties, led by CEO B. Edward Ewing, has pursued the project for several years. After previous stops and starts, including the unveiling in 2017 of development plans featuring bridges, Ewing this time worked behind the scenes to garner community support.

  • There aren't plans for a bridge as part of the initial version of the project.
  • "We are planning the Riverside to be a new, waterfront gateway North of the river — a place that welcomes all residents and visitors to embrace local culture and celebrate the riverfront lifestyle of Nashville's future," Ewing said in a press release.

What she's saying: Toombs singled out the community benefits of the Riverside, which is situated on a hilltop overlooking the river with a wireframe view of the Music City skyline.

  • "I've reiterated my vision to not only create a diversity of housing options but to create enough rooftops to attract the amenities that the community wants — retail, dining, and entertainment," Toombs said in the release. "The Ewing project presents an opportunity for that vision to come to fruition by bringing the amenities that residents have been requesting for years."

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