The Nashville City Paper reports Mayor Karl Dean is authorizing the Metropolitan Development and Housing Agency to take the lead on redevelopment of Downtown Nashville’s Riverfront along both banks of the Cumberland River.  According to the Nashville City Paper Mayor Dean routinely tells visitors to Nashville that in three to four years, the downtown riverfront will look completely different and it will become the centerpiece of the city.  Dean said it was too early in the process to convey a long-term vision for the riverfront, but he added the key is to make it more accessible.  “I think it needs to be the center of the city that we’re all focused on,” Dean said. “It will be an area that will attract people downtown. There are a variety of development possibilities on both sides of the river that will unfold over time.

A statement from the mayor’s office said “the plan envisions a redeveloped waterfront as a recreational, environmental, and economic development asset, and includes such public features as new parkland and play spaces, greenways, boardwalks, piers and docking facilities, integrated with significant mixed-use development.” 

MDHA oversees Nashville’s redevelopment districts, which among other things, provide tax incentives to encourage developers to invest in an area.  “I’m deeply grateful to Mayor Dean for placing the Cumberland River among his priorities,” Jameson said. “Redeveloping the waterfront, and the East Bank in particular, will provide the city with wonderful new parks, recreational opportunities, and much-needed business expansion potential, while simultaneously addressing one of Nashville’s most environmentally and aesthetically challenged areas. In a word, this is huge and we should all be grateful to this administration.”

Click here to read this Nashville City Paper article in full.

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