Town accepts deed to Lot 1 of Nashville Junction; developer reports leasing and jobs from public-private project

The Town of Nashville on Dec. 9 accepted the deed to Lot 1 of the Nashville Junction from Hart LLC, finalizing the town’s portion of a public–private partnership that delivered a parking lot, amphitheater stage and stormwater improvements.

Randy (staff) reported that, pursuant to the donation agreement, the private partner completed construction and will convey ownership of Lot 1 to the town. Michael, a representative of Hart LLC, told the council the development has attracted multiple leases (he cited 15 leases and the farmers market) and estimated about 30 immediate jobs with the potential to grow to around 50 when additional units and a restaurant are open. He said some units were nearing certificates of occupancy and that the development’s appraised building value could reach roughly $4.5 million when finished.

Michael described the project as a model public–private partnership and said additional work (an apartment project across the street) is planned to start in 2026. Council moved, seconded and approved accepting the deed by voice vote. Council members asked timing questions about retail and café openings; Michael said the outdoor coffee shop expected a soft opening in the next one to two weeks and a grand opening on Jan. 15 (developer-provided schedule).

The council also discussed a separate small parcel ('triangle' island) that the developer agreed to convey; Michael said attorneys were finalizing that deed and expected to close soon. The council did not identify any financing obligations tied to the deed acceptance in the transcript. The council praised the work and thanked project partners for investing in downtown activity.