NASHVILLE, TN (CelebrityAccess) — Entertainment giant AEG has set its sights on Music City with plans to build Nashville Yards, an entertainment, commercial and residential project.
According to the Tennessean, the mixed-use entertainment district would be anchored by a 4,000-capacity indoor music venue but plans also call for an 850-seat Regal Cinemas theater complex, a 600-700-capacity live entertainment club and a 240-room boutique hotel with other entertainment and up to a dozen food and beverage offerings.
"We're really creating a destination for not only live entertainment but also for good food and beverage options," Ted Tanner, the corporate executive vice president of real estate with AEG told the newspaper. "It would be geared towards local Nashville, not just for tourism."
Tanner told the Tennessean that the company plans to move quickly with the development after closing its purchase of the four-acre downtown parcel that is the focus of the plans. As well, the company has options to acquire an additional two adjacent parcels that would add an addition 1.5 acres to the development.
The additional parcels would additional residential, creative and other office space, possibly a third hotel, as well as ground floor retail spaces, the newspaper said.