Thursday, September 27, 2012

RIP The Hole: 2007-2012

Posted By on Thu, Sep 27, 2012 at 10:12 AM

From this morning's joint news conference with Mayor Karl Dean and Gov. Bill Haslam, J.R. Lind reports that HCA will be relocating two corporate headquarters to the West End Summit property at the West End/Broadway split, which are expected to bring 2,000 jobs by 2017.

More importantly, that means: They're filling The Hole. From the Nashville Post:

The $200 million project is expected to begin construction in early 2013, with Mayor Karl Dean joking he expected the water in what Midtowners derisively call "Lake Palmer" to be pumped out soon.

The proposed development would consist of two towers of approximately 20 stories each with a total of 900,000 square feet of office space. HCA and Palmer's company have a memorandum of understanding for a 15-year lease beginning in 2015. Parallon is expected to occupy approximately 350,000 square feet in one tower and SCRI about 150,000 square feet in the other tower. The office complex will include a parking facility with approximately 2,500 parking spaces. Another 300,000 square feet of new Class A office space will be available either to attract other new companies or for expansion by the HCA entities.

Parallon Business Solutions will relocate 750 jobs to Nashville from Williamson County with plans to add approximately 800 to its workforce by 2017. SCRI will consolidate 200 Nashville-area employees into one office with plans to double in size by 2017.

Read the whole article here.

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