The Metro Convention Center Authority and the Nashville Downtown Partnership have received a federal grant of nearly $400,000 to develop a strategic master plan for the area south of Broadway and the new Music City Center.
The Economic Development Administration, a division of the U.S. Department of Commerce, awarded the grant to the two organizations, which are currently searching for a consulting firm to help with the process. The study includes the area from Broadway on the north to Interstate 40 on the south, and from First Avenue on the east to 10th Avenue on the west.
The development of the plan will look at how to maximize investments made in the Music City Center campus, including the Omni Nashville Hotel and the extension of Korean Veterans Boulevard from Fourth Avenue to Eighth Avenue. The plan will also study ways to improve the area’s connectivity with the neighboring Gulch and central business districts.
Also, the study will create guidelines for development in the flood prone areas of SoBro, much of which was impacted by the May 2010 flood, as well as examine private development potential in the area.
“Laying out a long-term vision of how the SoBro area grows is important as construction of the Music City Center kick starts economic development in what is fast becoming a dynamic part of our city,” Mayor Karl Dean said in a statement.
“Construction of new hotels, restaurants and retail stores, plus completion of the Korean Veterans Boulevard expansion, will make the area south of Broadway an even more vibrant part of our tourism district and a key connection between downtown and the Gulch area.”