New Titans Stadium (60,000 capacity dome, ground level retail, directly east of Nissan Stadium)

[nashvylle]

2 hours ago, samsonh said:

Will this land require increased police and fire presence from current levels? Yes, that is the entire idea of developing the land.  Will it require increased infrastructure spend? Yes.  Will adequate tax dollars be paid into city coffers from this development to cover those costs? No, because they will be going to debt service. 

This deal is similar to TIF deals. It is fine to make the tradeoff, but to say it doesn't cost existing taxpayers is factually incorrect. It absolutely does, since they are subsidizing city services that will be required and are not being paid for by the new development. 

Would you rather the city sell city owned land at fair market value and no restrictions on development (meaning hotels and STRs will be built), but collect all real estate tax revenue from future development for city services (police, teachers, hopefully affordable housing somewhere in the city), or have Fallon forego ground lease payments and real estate taxes and build 1,000+ affordable units at this location? The projected foregone ground lease / RET revenue over 30 years is $370MM (reported). There is no way Metro could build 1,000+ affordable units at an equivalent location with $370MM over 30 years. We desperately need affordable housing, and this is a great way to get it and have an established developer build it. 

In either scenario, the city will have to do infrastructure work and take on debt. 

Edited September 13, 2023 by nashvylle

[samsonh]

9 minutes ago, nashvylle said:

Would you rather the city sell city owned land at fair market value and no restrictions on development (meaning hotels and STRs will be built), but collect all real estate tax revenue from future development for city services (police, teachers, hopefully affordable housing somewhere in the city), or have Fallon forego ground lease payments and real estate taxes and build 1,000+ affordable units at this location? 

In either scenario, the city will have to do infrastructure work and take on debt. 

I am a free market believer so yes I would prefer the city sell the land. I think you would see denser development that generates higher revenue. I believe the best way to get affordable units is to increase by right zoning and build lots of housing. So if those were the options that's an easy answer from me. 

[nashvylle]

5 minutes ago, samsonh said:

I am a free market believer so yes I would prefer the city sell the land. I think you would see denser development that generates higher revenue. I believe the best way to get affordable units is to increase by right zoning and build lots of housing. So if those were the options that's an easy answer from me. 

I think we can agree that for the city to get the highest $ for land, there would be no restrictions on what future buyers could build. So the trade off would be $ for more STRs/Hotels and no affordable housing. If the plan for metro would be to use some of sale proceeds and future tax revenue for affordable housing, I would bet that it would not be anywhere near downtown and would not be anywhere near 1,000 units.

I agree that as of right zoning for housing and increasing the overall supply (even if its all fair market) is the best way to slow price spiking. 

Edited September 13, 2023 by nashvylle

[Bos2Nash]

Hey all, I have renamed an old coffeehouse thread about the Titans and pinned it for all game specific chat. 

 

[markhollin]

The timeline for the new stadium has been released:

Design phase timeline:

Design development phase: July 31, 2023 to Jan. 26, 2024

Guaranteed maximum price construction documents: March 18, 2024 to May 31, 2024

Construction administration: Beginning in Q1/Q2 of 2024

Construction Phase timeline:

Stadium mobilization: End of 2023 NFL season

Stadium earthwork and excavation: Feb./March of 2024

Completion of stadium: mid to late Q1 of 2027

The Tennessee Builders Alliance Project team will work to find the guaranteed maximum price for stadium construction — which they’ve estimated to be between $1.55 billion and $1.6 billion — and present a proposal to the Titans to come to an agreement.

These estimates represent the stadium construction costs alone, while the $2.1 billion number represents the cost for the entire project.

Here is the Tennessee Builders Alliance (TBA) team:

• Principal: John Gromos
• Project executive: C.L. Cross
• Vice president, Nashville: Tyler Baumgardt
• General superintendent: Michael Marchesano
• National Sports Executive: Bob May
• Polk president: Reggie Polk
• ICF president: Roger Ligon Jr.
• Community liaison: Herbert Brown
• Director of DEI: Susan Vanderbilt
• Safety managers: Grerard Sanders, Megan Mora 
  
  More at NBJ here:
  
  https://www.bizjournals.com/nashville/news/2023/10/19/titans-stadium-project-team-and-construction-timel.html
  
  
  And at The Tennessean here:
  
  https://www.tennessean.com/story/news/local/davidson/2023/10/24/new-titans-stadium-team-launches-3-year-construction-timeline/71258208007/

 

[Sean blackdog]

Today this morning from….. 

https://www.tennessean.com/story/news/local/davidson/2023/10/24/new-titans-stadium-team-launches-3-year-construction-timeline/71258208007/

Stadium build timeline

• July 31, 2023, through January 26, 2024: Design development phase
• March 18, 2024, through May 31, 2024: Documents are finalized for the stadium's guaranteed maximum price
• Spring 2024: More than half of the construction contracts will be awarded; construction administration begins
• End of 2023 NFL season: Mobilization and preparatory work (like establishing office trailers on the construction site)
• February/March 2024: Stadium earthwork and excavation
• February or March 2027: Completion of stadium

[glamdring269]

I guess this just occurred to me because we have the Run Nash marathon this weekend but this is going to be a huge logistical challenge for the Country Music aka Rock N Roll Marathon series that occurs every April. It has always ended around the stadium for as long as I have participated  and wonder how they will adjust. They're going to need an end point that can accommodate a significant amount of people. One advantage of the current setup is they have sufficient space for all of the runners, fans, after party, parking, etc. Where else in Nashville does this exist that could easily tie in to downtown for the variety of race distances?

Actually, just reading that time line again I wonder if this becomes a logistical challenge as early as the upcoming run. It is in April 2024. So if earthwork and excavation starts in Feb/Mar 2024 I don't see how they can avoid a conflict.

Edited October 24, 2023 by glamdring269

[Bos2Nash]

1 hour ago, glamdring269 said:

I guess this just occurred to me because we have the Run Nash marathon this weekend but this is going to be a huge logistical challenge for the Country Music aka Rock N Roll Marathon series that occurs every April. It has always ended around the stadium for as long as I have participated  and wonder how they will adjust. They're going to need an end point that can accommodate a significant amount of people. One advantage of the current setup is they have sufficient space for all of the runners, fans, after party, parking, etc. Where else in Nashville does this exist that could easily tie in to downtown for the variety of race distances?

Actually, just reading that time line again I wonder if this becomes a logistical challenge as early as the upcoming run. It is in April 2024. So if earthwork and excavation starts in Feb/Mar 2024 I don't see how they can avoid a conflict.

Possibly Riverfront Park? Public Square Park? Cumberland Park (between the pedestrian bridge and KVB)? Hopefully for the road race's sake their leadership has been in touch with Metro and the construction team.

The logical challenges will be significant on a day-to-day basis just with the sheer amount of construction equipment and workers. The construction is also why the IndyCar series has re-drawn their track to avoid the stadium land. 

[Melrose]

38 minutes ago, Bos2Nash said:

Possibly Riverfront Park? Public Square Park? Cumberland Park (between the pedestrian bridge and KVB)? Hopefully for the road race's sake their leadership has been in touch with Metro and the construction team.

The logical challenges will be significant on a day-to-day basis just with the sheer amount of construction equipment and workers. The construction is also why the IndyCar series has re-drawn their track to avoid the stadium land. 

Seems like the marathon folks would need  square footage more like the size of Bicentennial Mall to handle the event size.....

[glamdring269]

26 minutes ago, Melrose said:

Seems like the marathon folks would need  square footage more like the size of Bicentennial Mall to handle the event size.....

And that's just for the finish. I'm not sure what they're going to do about the parking situation. Having that lot really close to the finish is huge after those longer distances. On the other hand, I'm not sure what the Titans are going to do either once this construction starts so maybe a nearby solution exists and I just don't know it.

Edited October 24, 2023 by glamdring269

[PaulChinetti]

1 hour ago, glamdring269 said:

On the other hand, I'm not sure what the Titans are going to do either once this construction starts so maybe a nearby solution exists and I just don't know it.

I haven't been to a Titans game in years where the East parking lot was actually full. Seems like it could easily be dispersed elsewhere. 

[glamdring269]

1 hour ago, PaulChinetti said:

I haven't been to a Titans game in years where the East parking lot was actually full. Seems like it could easily be dispersed elsewhere. 

Sorry I was not very clear. I guess my point was that the Titans probably have some sort of plan for whatever near-site parking that is going to be impacted due to this. But to your point, they might only need a contingency plan for a quarter of the available space.

The difference I guess is that for the marathon the entire parking lot is used for something. I can't remember the lot numbers but here is what I basically recall:

North Side: Dedicated to the run itself

West Side: Dedicated primarily to the finish line activities. Post-run nutrition, merch, BEER!, entertainment, etc.

South Side: I think this is used for parking but can't remember.

East Side: Parking. And it is always full as far as I can remember. They even use lots on the other side of Shelby and I'm sure there are still folks who show up late and find it difficult to get a spot.

Anyway, that is a lot of stuff for someone to figure out how to reposition. The logistics of the finish line portion is probably the most easily solvable... there are a lot of people in this run though so I don't want to downplay this as it is probably far more difficult to deal with than I can imagine. But even if they solve that they're going to need to find something that then easily connects tens of thousands of runners back with their vehicles. No one wants to walk an additional mile or two after finishing a half or full marathon.

[Luvemtall]

I’m guessing a lot of events will have to find alternate locations for the next 3-4 years. On top of stadium construction, sometime within the next year , construction will start on the first phase of the surrounding neighborhood. They are planning on opening up the first area to coincide with the opening up of the stadium, it’s going to be a crowded and crazy space. 

[MLBrumby]

TBT .... from The Tennessean online. 25 Years ago this month

An aerial photograph captures a view of the new NFL football stadium under construction on the East Bank of the Cumberland River in Nashville on Oct. 13, 1998.

Ricky Rogers / The Tennessean

 

[Rick Dalton]

The house that Will Levis built

[markhollin]

The Tennessee Titans plan to build the Titans House to give fans an immersive look at the new $2.1 billion stadium.

The Titans House will be located in 10,800 square feet at 601 Taylor Place in Germantown, according to a permit filed with Metro. It will be located next to popular restaurant 5th & Taylor and is expected to open in spring of 2024.

The center is meant to promote ticket and private suite sales of the new Titans stadium, projected to be complete in 2027. It will have stadium mockup/display areas, office space, conference rooms and an employee break area.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2023/11/03/tennessee-titans-to-build-titans-house-to-promote.html

[Nash_12South]

Naming rights announced. The new Nissan Stadium.

https://www.tennessean.com/story/money/2023/11/17/titans-stadium-naming-rights-nashville-new-nissan-stadium/71617483007/

[Sean blackdog]

Here we go. 

 

 

Edited November 17, 2023 by Sean blackdog

[markhollin]

Titans Town will be the home base for the construction of the new Tennessee Titans' $2.1 billion stadium and the most visible sign of work on the project to date.

Expected to open by late Q1 or early Q2, the trailer complex will span five football fields and have over 40,000 square feet of office space across its 56 trailers.

“It’s going to be designed to be collaborative, with a lot of conference space, a lot of open space to ensure that all of the various partners are able to share information, share plans and make sure that everyone is fully informed and on the same page,” said Adolpho Birch III, chief external & league affairs officer for the Titans, at a Dec. 14 Sports Authority meeting. “We are fairly confident that this is a first of a kind operation. The way it’s being set up on site in this way to our knowledge has not really been done in Nashville before so we are very excited to see what that outcome can be with that dedicated set of resources.”

The complex will be a hub and working space for all of the stakeholders and partners in the stadium project — including the Sports Authority and Metro — to be able to come together.

Plans show trailers allotted to the Tennessee Builders Alliance, the general contractor on the stadium project; Titans and CAA Design trailers; large trailers dedicated for conference space; third party, Metro and Sports Authority trailers; orientation trailers; and a portion dedicated to workforce development.

“We are going to have a training center, workforce development center, that will be a part of the overall compound on that site. In addition, we will have four big trailers that are going to be put together for our offices to work with our trade partners. We will have two classrooms, one will be used for experiential learning and one will be used for more textbook learning,” Beth Duffield, workforce development manager for Tennessee Builders Alliance, told the Business Journal.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2023/12/14/titans-town-inside-the-21b-stadiums-constructio.html


And at The Tennessean here:

https://www.tennessean.com/story/money/2023/12/18/titans-town-build-nashville-nissan-stadium-tennessee-titans/71921886007/

[glamdring269]

That basically confirms the RNR Nashville Marathon event is going to be challenging to say the least. The Tennessean article references February as the start date so given the RNR event is held in late April this will definitely have some impact. The organizers haven't said anything at this point but looking forward to seeing what the plan is for this.

[markhollin]

 Titans stadium project milestones to look out for in 2024: 

January: Titans will hold a Nissan Stadium demolition-specific community outreach event on Jan. 11.

February/March: Stadium earthwork and excavation is set to begin.

Late Q1-early Q2: Titans Town, the home based for the construction of the stadium and most visible sign of work on the project will open. The first of its kind trailer complex will span the size of five football fields and have over 40,000 square feet of office space for all stakeholders of the project and a portion dedicated to workforce development.

Spring: The Titans House will open in 10,800 square feet of space in Germantown. It is meant to give fans an immersive look at the stadium to promote ticket sales and private suite sales. It will have stadium mockup/display areas, office space, conference rooms and an employee break area.

May: TBA will present guaranteed maximum price documents for stadium construction.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2023/12/29/tennessee-titans-stadium-year-in-review-2024-dates.html

[markhollin]

A tree removal permit has been issued for the new stadium site.   Lebanon-based Southeast Connections as handling the tree removal.

More behind the Nashville Post paywall here:

https://www.nashvillepost.com/business/development/real-estate-notes-planned-pie-town-project-progresses/article_42ebb95e-abf0-11ee-9e5a-ff9ce40d9b47.html

[markhollin]

A wide, wraparound, porch-style upper concourse with views of downtown will serve as the front door to the Tennessee Titans new Nissan Stadium.

New design details were approved Thursday by Metro Sports Authority as the process of building a 60,000-seat NFL stadium steams ahead.

"A stellar design team was assembled, composed of hundreds of professionals across 24 firms," Titans Senior Vice President Adolpho Birch said. "Nine are Nashville companies and 11 are certified Disadvantage Business Enterprises."

The final designs will be approved in October.

The vision remains true to the original designs with neutral, earthy tones throughout the building and expansive views. Wood paneling and dark tones accent massive glass windows, offering the grand lobby a warm feel — despite its massive scale.

A circular, transparent roof will enclose the field and provide soft lighting throughout.

Two giant video boards will flank the field. Seats will be as much as 50 feet closer to gameday action than those at the current Nissan Stadium. Big, round bars, patios, 360-degree field views and stages for live performances are throughout.

More, including a new rendering video, at The Tennessean here:

https://www.tennessean.com/story/money/2024/01/11/nissan-stadium-tennessee-titans-football-stadium-design-details-approved/72188002007/


And at NBJ here:

https://www.bizjournals.com/nashville/news/2024/01/11/video-tour-of-tennessee-titans-nfl-stadium-nissan.html


Some screen grabs from the promotional rendering video:

[nashvylle]

So awesome. 

[Sean blackdog]

Today this morning from Sky5.