Since Starwood Amphitheatre closed nearly 20 years ago, the property in southern Davidson County has gone unused. The site hosted some of the most significant names in popular music from 1986 to 2007, but now the raw land could be reinvented.
District 32 Councilmember Joy Styles and executives with New York-based investment management giant Blackstone Inc. shared the first draft of the site during a meeting on Thursday evening. The mixed-use development will blend for-sale residential, restaurant, retail and venue space.
The residential portion will include townhomes, cottages and single-family homes ranging from 1,300 square feet to 3,200 square feet and up to five bedrooms. Blackstone expects the prices to range from the high $300,000s to the $500,000s.
Renderings of the proposal show a dog park, a pool, a park with an amphitheater, a neighborhood gathering space complete with tennis courts and what is called a "Starwood tribute trail" lining the property. It also includes an adjacent office park and four retail sites.
The Nashville office of Raleigh-based Kimley Horn is handling land-planning and civil-engineering work.
"This site is actually going to become something," Styles said. "This site is going to revitalize the rest of Murfreesboro Road down to the county line."
"We don't have to go downtown to eat, to go get brunch, to go get some Bath and Body Works, whatever it may be. This continues on that trajectory so that we have places for us to go."
The Nashville Post reported in October that Hobson Pike Land LLC was requesting water and sewer capacity numbers for 300 multifamily units, 150 townhomes, 550,000 square feet of warehouse space and 30,000 square feet of office space.
The LLC is affiliated with Minneapolis-based WPT Capital Advisors. Since 2021, WPT has been a portfolio company of Blackstone, which, according to its website, has more than $1 trillion in assets under management.
The LLC paid $6.5 million for the 65.1-acre Starwood site in 2020, Metro records notes. The address is 3839 Murfreesboro Pike, with the site located in the general Antioch area.
Past attempts to redevelop the site include a 2015 mixed-use development proposal called Nashville Next, and a 2018 Starwood Town Center plan that split the property into residential, mixed-use, senior housing and commercial spaces surrounding a central park. A 2020 proposal for warehouses on the site was also shot down by District 21 constituents, Styles said.
This article was first published by our sister publication, the Nashville Post.
