Feb 26, 2024 - News

Nashville mayor's office unveils East Bank development agreement

A rendering of proposed changes on the East Bank.

A rendering showing proposed changes at the East Bank. Image: Courtesy of the mayor's office

Mayor O'Connell's administration announced last Friday it struck a deal with The Fallon Company to bring affordable housing, retail development and green space to the property around the new Titans stadium.

  • O'Connell's administration also reached an agreement with the Tennessee Performing Arts Center to build a new fine arts hall along the East Bank.

Why it matters: Finalizing an agreement with The Fallon Company has been a top priority for O'Connell since he was elected in September.

What's inside: The plan calls for 1,550 housing units, of which 695 will be affordable.

  • The agreement also calls for extending the Seigenthaler Pedestrian Bridge from 1st Street to South 2nd Street near the stadium development. A new East Bank transportation hub will also be built.

Inside the room: The lead negotiator for O'Connell's office was chief development officer Bob Mendes, a former council member and vocal critic of the Titans stadium deal. Fallon president Brian Awe led negotiations for the firm.

  • The lobbyist for The Fallon Company is Katie Lentile, who is a former aide to Mayor John Cooper. Rob Mortensen has been registered to lobby for The Fallon Company at the state since last year.

Friction point: The agreements with The Fallon Company and TPAC need to be approved by the Metro Council.

  • In the early months of its new term, the council has proven to be an argumentative and unwieldy group, but stakeholders expect the agreements to be approved.

What he's saying: "A new performing arts center that offers a variety of entertainment and educational opportunities is exactly the type of development all Nashvillians can get excited about," O'Connell said in a press release.

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