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IDB approves inducement resolution for Dominion’s Liberty Lane apartments near Rivergate
Summary
The Industrial Development Board approved an inducement resolution for Dominion’s proposed Liberty Lane Apartments, a roughly 240‑unit affordable development zoned for about 60% AMI with income averaging across 50/60/70 AMI bands; the board was briefed on unit mix, family‑oriented amenities and local engagement before carrying the motion.
The Industrial Development Board voted on Nov. 12 to approve an inducement resolution for Nashville Leased Housing Associates 7 LLLP / Dominion Acquisitions LLC, the Liberty Lane Apartments project near the Rivergate Mall redevelopment area.
Austin Holmes, a Dominion representative, told the board the site is zoned for about 240 units and the developer intends to use income averaging “right at that 60% area median income level”…
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