Gov. Bill Lee hopeful TPAC will land on East Bank

Catch up quick: Metro had originally proposed a deal to give TPAC property in the heart of the newly redeveloped East Bank neighborhood. The state has committed up to $500 million toward costs for a new location.

• But the city's negotiations with TPAC hit a snag over infrastructure costs on the East Bank, triggering speculation about alternative options.

What he's saying: Lee told reporters Tuesday that the East Bank deal with Metro is the best option for TPAC "if they can finish that job."

• "We want to find a home for them that is just right for our city, and I think the East Bank location is great," he said. "I'm hoping that we can see a finalization [of] that."

Zoom out: Lee's optimism mirrors Mayor Freddie O'Connell's hopeful tone on the matter. Lee said he and O'Connell have talked about the deal.