• Nashville Yards Development to be Steered by New Partnership

     
    POSTED July 9, 2017
     

AEG, a leading sports and live entertainment company, and Southwest Value Partners have announced a new agreement that allows AEG to purchase and begin developing four acres of land in SWVP's Nashville Yards. The land in downtown Nashville will become a mixed-use entertainment district.

The planned district will feature a music venue with capacity for 4,000, a flagship Regal Cinemas luxury theater complex, a live entertainment club with capacity for 600-700, a boutique hotel with approximately 240 guest rooms, and a variety of other entertainment, food and beverage offerings. AEG and SWVP plan to work closely together to integrate the new district into the infrastructure and culture of Nashville and Nashville Yards.

“We know AEG to be the world’s leading sports and live entertainment company and are thrilled to collaborate together to bring this mixed-use entertainment district to Nashville Yards. [This] announcement confirms our vision for Nashville Yards as well as the incredibly positive trajectory of the city,” say SWVP Managing Partners Cary Mack and Mark Schlossberg in a joint statement.

The first parts of Nashville Yards will open in 2020 and will be within walking distance from several Nashville landmarks, including the Music City Center, the Country Music Hall of Fame and Museum, Bridgestone Arena, the Frist Center for the Visual Arts, The Johnny Cash Museum and Nashville’s Honky Tonks.

“For several years, AEG has been looking for the right venue development opportunity in Nashville, one of the fastest growing cities in the country,” says Jay Marciano, COO of AEG and chairman and CEO of AEG Presents. “A development offering like this has to not just be special, but be remarkable. AEG is very pleased to be partnering with Southwest Value Partners and the City of Nashville in this exciting entertainment venture.”

After several months of renovations, the DoubleTree by Hilton Philadelphia-Valley Forge is now open as the Alloy – King of Prussia, a DoubleTree by Hilton.

 

After almost 20 years of vacancy, the Cook County Hospital in Chicago will be put to use once again. A $150 million adaptive reuse project restored the historic, 106-year-old hospital, which has become a combined Hyatt Place and Hyatt House hotel, as well as medical offices, a museum, a food hall and more. While the opening is multi-phased, the hotels are scheduled to open in late July.  

 

Doctors, nurses, grocery store employees and more were essential to sustaining the continued stay-at-home orders that helped fight the spread of COVID-19. Such workers put their health at risk for the benefit of society, and Nakoma Resort and the Lost Sierra Chamber of Commerce want to recognize them for their efforts through the “Send Your Heroes” campaign.