Metro Parks Plans Ambitious Expansion

Dees Stribling

Metro Parks unveiled its new master plan draft for the expansion of the region's parks, greenways and other facilities, "Plan to Play." The plan proposes a major upgrade of the park system, to the tune of $667M for capital investments over 10 years, and $534M for land acquisition. To help fund the plan, Metro Parks would keep more of the money it already generates.

Would it be worth it? The plan puts the annual economic benefit of Nashville’s parks and greenways at $550M. That is besides the intangible benefits to nearby properties and to Nashville as a whole, by helping make the city more attractive to new residents and relocating companies.

Some details: the funds would be used to buy more than 4,500 acres in the next decade, which would grow green space to keep up with the county’s population increase; expand greenway land by 130 acres, focusing on river and stream corridors; and add 65 playgrounds, along with 43 ballfields, 50 basketball courts and 46 multipurpose fields.

Continue reading this story with a free account

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

Empty Pews On Prime Plots: As Congregations Shrink, Dutch Churches Land On The Property Market

Lincoln Property Buys Charlotte Developer In Bid To Boost Deals

KKR-Backed Stadium District Development Venture Launches With $288M Project At SEC School

Raleigh Mulls Multimillion-Dollar Naming Deal For Convention Center

Ellison CEO Wants To Build 'Epicenter Of Innovation' In St. Pete's Gas Plant District

Jeff Bezos' Blue Origin Mulls City Near Austin To House Next Big Venture

OpenAI Plans Data Center Rebrand To Make Projects Palatable To Voters

The Geo Group To Reopen 2,329-Bed Immigration Facility In Texas

Brookfield, CPP Complete $5.2B REIT Buyout, Pick Up U.S. Logistics Assets

Metropolis Is Bringing AI To The Parking Experience, And Property Owners Are Taking Notice

What's At Stake For CRE In Tuesday's U.S. Midterm

The Data Center Election That Matters Isn't In Congress