Fallon Co. Wins Approval for Major Nashville Development  

The Metro Council has unanimously approved the Master Developer Agreement between Metro Nashville Government and Boston-based Fallon Company for the development of 30 acres on the East Bank in Nashville, TN. This agreement will bring to life the Imagine East Bank Vision Plan, creating a mixed-income community.  

The Fallon Company, chosen after a competitive process, is dedicated to realizing the community’s vision. The agreement prioritizes multimodal connections and affordable housing, with over 1,500 units planned, nearly half at affordable rates. Infrastructure investments, totaling around $147 million, will support walkability, biking, and transit. Additionally, an MOU with TPAC outlines plans for a new performance hall.  

“Nashvillians told us they wanted great neighborhoods on the city’s East Bank,” said Nashville Mayor Freddie O’Connell. “This agreement with The Fallon Company will help us deliver a neighborhood for all Nashvillians – with unprecedented commitments in affordable housing, childcare, and complete streets.”