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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.
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