A clearer vision of the East Bank is unfolding following Monday night’s Ad-Hoc East Bank Committee meeting, where leaders unveiled draft plans for ~30 acres of Metro-owned land surrounding the future Nissan Stadium.
According to Metro Chief Development Officer Bob Mendes, the plan in its current form is not precise, but “this is what [Metro] is calling the current master plan if there were no more changes between now and the end of the negotiations.”
A closer look
Here’s a parcel-by-parcel breakdown of the area surrounding the future Nissan Stadium:
- Parcels A and B: A WeGo Transit mobility hub with affordable housing above it (Parcel A) and hotel, parking, and/or retail (Parcel B) that could take 10+ years to be developed.
- Parcel C: This parcel borders the “South Plaza” of the future Nissan Stadium and could include a hotel and parking garage
- Parcel D: Residential and retail
- Parcel G: Affordable housing, retail, and office
- Parcels E and F: Potential uses include a cultural building, a hotel, and residential, retail, and office spaces. The parcels border the pedestrian bridge, which would be “substantially reworked” and extended over the future East Bank Boulevard.
“The development we’re anticipating will start south of the stadium... and work its way to the river over time,” Mendes said at the meeting. “What’s shown as Parcels A and B — on the left of the stadium — would almost certainly be last.”
TPAC + affordable housing
The Tennessee Performing Arts Center is expected to relocate to the East Bank, specifically on Parcel E, according to a “tentative agreement” reached with Metro. The city will own the land, approve future designs, and is working out lease terms with TPAC.
“We’re excited about TPAC being on the East Bank,” Mendes said at the meeting. “[The] Imagine East Bank [Plan] from a couple years ago talked about cultural use being valuable.”
Another key component of the plan is affordable housing. Of the ~1,550 residential units anticipated in this area, city leaders discussed having a combined ~700 affordable units across multiple residential buildings.
Get involved
District 5 Council Member Sean Parker and District 6 Council Member Clay Capp are hosting an East Bank Town Hall meeting at Warner Arts Elementary (626 Russell St.) on Wednesday, Jan. 31 at 6:30 p.m. Can’t make it? Watch Monday night’s East Bank Committee meeting in full.
