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Westplan Investors Snag Nashville Development Site for $7M

Atlanta-based real estate investment firm Westplan Investors LLC has acquired a nearly five-acre development site near The Fairgrounds Nashville for $7.1 million. The site, at 2165 Nolensville Pike, is near Nashville’s future MLS stadium set to open in 2022.

Westplan Investors plan to build a 236-unit apartment development at the site, according to various media outlets. The Nashville Fairgrounds Stadium will be the home of Nashville SC, a Major League Soccer expansion franchise which will begin play in 2020. The soccer-specific stadium will be built on the site of the historic Nashville Fairgrounds.

The seller was LVH LLC, an entity affiliated with Nashville-based Core Development.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Development
  • ◦Sale/Acquisition