)PVÄS[YH[PVU 0TWYV]LZ Water Quality
/PRL )PRL ;YHPS
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Promenade & Artwalk
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Mixed Use Development
District Parking Garage
RESILIENT LANDSCAPE - PLACES FOR PLAY AND FLOOD PROTECTION
PHASE ONE
PHASE TWO
PHASE THREE
residential
39%
residential
58%
residential
76%
retail
17%
retail
19%
retail
14%
office
35%
office
23%
office
10%
entertainment
9%
entertainment
0%
entertainment
0%
PHASING FINANCIAL SUMMARY $55,519,000 $ 1,000,253,664 4,460,744 $862,562,261 $128,192,405
Inner Couryard
Housing
14.45% 21.54%
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Water conducting bioswale
Outdoor cafe
Restaurant
Current Site Value (Start of Year 0) Projected Site Value (End of Year 10) Total SF Developed Total Development Cost Project NPV with 10% discount rate Unleveraged IRR: Leveraged IRR:
AN AFTERNOON AT NEW SOUND MARKET 141414
Germantown
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FER
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ST.
Anchor Park & Stormwater Catchment Culinary School
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Small Business Hub & Residential
atio
T.
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ield
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Parkview Condominiums
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Restaurants, Retail & Residential
Urban Food Market Parkview Condominiums ck F C ood ou rt Tru
d Pa sh la Sp
ge
a az Pl ic iv C
T.
NS
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HA
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VE HA
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State Library Archives
rail eT
de na me
alk yW
Music City Bikeway Music & Movie Studio
Bik
Pro
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lk &
Hik
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tor
Mixed Use Development
Art
His
New Sound Hotel Mixed Income Housing
ST
nt
Tennessee Memorial Museum
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Bicentennial Park
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LVD
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Waterfront Park Sounds Ballpark
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Community Garden
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VE HA
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Housing
.
.
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7T
Downtown Nashville
SA
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State Capitol Complex
L. KS
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VD BL
N
0’
200’
600’
NEW SOUND DISTRICT SITE PLAN
Create a district-wide parking program and make it easy for visitors to identify available parking spots.
Park it in New Sound find your space now.
40% Available
cars
Farmer’s Market Creek
A SECTION THROUGH THE HEART OF NEW SOUND 141414
Extend the city’s free Downtown bus loop through the site.
Housing
Grocery Store
District Parking Garage
Community Greenroof
Convenience Store
PARKING AND TRANSIT SYSTEMS Connection to Riverfront Park
Historic Stockyard
Food Trucks Court
Outdoor Farmers Market
GREEN INFRASTRUCTURE STRATEGY
Public Park
Indoor Farmers Market
High End Restaurants
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BICYCLE AND PEDESTRIAN NETWORK District Parking Garage
Parking Locations Parking Auto Circulation Parking Pedestrian Circulation Music City Circuit Existing Music City Circuit Proposed Existing Bus Routes
Vegetation Ve V egetati t on n & Biosw Bioswales Lawn Water Flow Unde derground ou Water Caatchme c nt
Housing
Primary Streets Secondary Streets Neighborhood Streets Existing Bikelanes Proposed Bikelanes Bike Amenity/Active Spot
An Urban District for the New South
The “Nashville Sound” is a well known term in Country music circles short for someone comLQJ WR 1DVKYLOOH DQG UHðQLQJ KRZ WKHLU PXVLF sounds in order to appeal to a broader audience. This expression embraces the idea that the health and success of one individual can be improved by the diversity, energy, health, and support of the community that surrounds them.
New Sound is a healthy and vibrant urban district that appeals to diverse residents, visitors and adjacent neighborhoods. The district is a public private partnership between Metro and the New Sound Redevelopment Corporation. Together the owners will make four major investments:
STIMULATE GROWTH
Shift the ballpark stadium to allow for more intense development along the surrounding edges.
FOSTER PLAY
Relocate the farmers market in between the stadium and the riverfront to activate the edge of the stadium to create a hub of activity.
Down Do wntoown wn wnto wn
Hooppee Gaarrde dennss
Neew So N Soun und
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German Ge rrm maannttoow wnn
REGIONAL GROWTH STRATEGY
CONNECT PEOPLE
Create additional connections to downtown and integrate with adjacent single family neighborhoods.
RESTORE THE LANDSCAPE
5
I-6
Revert the riverfront and restore the creek for ÅVVK WYV[LJ[PVU HUK LJV OLHS[O ^OPSL TH_PTPaing recreational opportunities and land value.
Germantown
4
I-2
12 Germantown
I-40
New Sound Hope Gardens Downtown
12
I-65
Hope Gardens
The Gulch
Downtown
Midtown Music Row
DRIVING INTO THE DISTRICT ON GAME DAY 141414
y Cit sic it Mu ircu C
SoBro
Rollingwood Hills
Commuter Rail I-4
0