Garth Brooks is planning a Lower Broadway bar

• The former home of the Downtown Sporting Club sold for $47.9 million, per the Nashville Business Journal.
• The building is three stories tall and more than 40,000 square feet, according to Tuesday's announcement.

The big picture: Brooks is the latest hitmaker to plant their flag on Lower Broadway, though few can rival his contributions to the catalog of classic country drinking songs.

• Blake Shelton, Dierks Bentley, Miranda Lambert and Jason Aldean are among the acts with bars downtown.

Between the lines: Brooks is working with Strategic Hospitality, the restaurant group behind Downtown Sporting Club, to "execute his vision," per the statement.

What he's saying: "The goal is a classic honky-tonk that welcomes all and encourages love and kindness while playing the greatest music in the world in the home of Country Music!" Brooks said in the statement.