TEA Buys Site For New HQ; Old HQ Sold To Redeveloper

Davidson County

The Tennessee Education Association is spending $4M to buy the vacant Ben West Library at 225 Polk St, while at the same time selling its HQ building at 801 Second Ave N to Dallas developer Provident Realty Advisors.

Provident plans to develop as many as 300 apartments on the site, reports the Nashville Business Journal. The goal of the TEA's purchase would be to redevelop the library building in Germantown, which has been empty for about a decade, into a new HQ for the teachers union. [NBJ]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Nashville Newsletters
Related Stories

Bugatti Lends Brand To 60-Story Miami Condo Tower

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Dublin BTR Had A €1B Summer

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Developer Seeks Permit For Denver Energy Center Conversion Project

Airbnb Launches $250M Fund To Invest In Affordable Housing

DFW Multifamily Distress Creates Opening For Investors As Development Slows

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Prolific South Florida Developer Nick Rojo Dies At 44