Sounds Stadium design now starting

[jice]

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[Resident]

in my book. Loving the condominium high rise over first base, very chic and urban. It is about time the ball started rolling on this project. I can't wait to take military leave in the summer and go to a game.

[cheeriokid61]

Okay, I just saw on the City Paper website that they didn't make their deadline for this project. What does that mean? Will it be delayed even more or will it even happen at all?

[smeagolsfree]

Here is the link for anyone who didnt see it. I dont think it a big deal at this point in time.

http://nashvillecitypaper.com/index.cfm?se...p;news_id=53989

[ATLBrain]

I wonder if the Sounds are even financially solvent. This delay brings up a lot of questions in my mind. It should also make members of the Metro Council wonder too.

[elguapo731]

Judging by the article I think they are just dragging their feet and dotting all "I's" and crossing their "T's". Sounds like this project is still on track and will happen although perhaps a few weeks to a month later than expected.

If you've ever been to Greer stadium you know there is no one in the world that wants this to go through more than the Sounds themselves. Every time a fan takes a seat at their current stadium lawyers probably start sweating bullets worried about someone getting tetanus from their rusty seats, someone getting mugged, a car being stollen, or worse yet someone getting killed.

They have needed a change for awhile now.

[samsonh]

I am beginning to have a lot of doubts about this project. They have had so much time to get these things done and have not. Does this whole thing not seem odd to anyone else?

[cheeriokid61]

Yeah, it does. It seems like it would be one of the easiest projects to get passed by the city, yet they seemed to have had a lot of trouble. Plus, I would think the financing would be pretty easy, but they've struggled with that, too.

[ATLBrain]

Plus, I would think the financing would be pretty easy, but they've struggled with that, too.

[Resident]

That's why I think the Sounds are having money troubles. If they had a reliable cash flow, the banks would be standing in line for this one -- collateralized with high dollar property on the river.

[ATLBrain]

That was the SBE&R portion. They're ready to go. The Sounds are the big holdup.

[Jeeper12]

That was the SBE&R portion. They're ready to go. The Sounds are the big holdup.

[ATLBrain]

I really don't know anymore than what was in the NCP. There wasn't anything in the article to suggest that the holdup was from SBE&R. Of course, there's usually more than meets the eye in projects such as this (Public/Private).

[chris holman]

I heard on Channel 5 today that there trying to push four a ground breaking on Feb. 10

[Hankster]

I heard on Channel 5 today that there trying to push four a ground breaking on Feb. 10

[smeagolsfree]

This was posted on bid clerk January 10th.

"Site work and new construction of a mixed-use community in Nashville. Working plans are calling for a 12,500-seat minor-league baseball stadium surrounded by 600 one-, two- and three-bedroom condominiums and townhomes, with 35,000 square feet of retail, restaurant, and entertainment space.

Construction is expected to commence February 1, 2007. Interested parties should direct inquiries to the general contractor."

It looks as if they are looking to start very soon.

[Hankster]

This was posted on bid clerk January 10th.

"Site work and new construction of a mixed-use community in Nashville. Working plans are calling for a 12,500-seat minor-league baseball stadium surrounded by 600 one-, two- and three-bedroom condominiums and townhomes, with 35,000 square feet of retail, restaurant, and entertainment space.

Construction is expected to commence February 1, 2007. Interested parties should direct inquiries to the general contractor."

It looks as if they are looking to start very soon.

[smeagolsfree]

I drove over that way about 5 this morning and it looked as if there had been dirt being added at the site. Couldnt tell as it was dark.

By the way you have starting this year almost for sure the following projects:

The Sounds Project

Rolloing Mill Hill

The Signature

The Terrazzo

The Rhythm Lofts

The Crown

Probably the Westin

Who knows what else will start of the things we know about and thats not counting unnounced projects that will come this year.

[elguapo731]

Sounds like the sounds are either preping the public for a disapointment or trying to light a fire under Struever Bros. butt by calling them out in the media without calling them out...... Clearly if this falls through they don't want to be blamed. Here's the story....

http://www.tennessean.com/apps/pbcs.dll/ar...S0401/701180430

My question is, if these guys (Struever Bros) aren't serious about getting this done, why bid on it in the first place. Is Struever Bros holding up Rolling Mills as well? I also thought they had ownership or rights/plans for more development on parcels around that area.

[ATLBrain]

If this falls through, it will be the worst ball-dropping since Bill Buckner. LOL... actually, I think their original estimates were too low, and now they're falling short of the guarantees they originally negotiated.

[Hankster]

It amazes me that Streuver, as huge a development company as they are, can't seem to put together financing for a measly (at least, measly to them) little $20 Million. I feel sorry for what the Sounds are going through right now. I'm sure they never ever expected to feel such pressure to get this thing started once getting approval from Metro Council. I'd love to hear Streuver's side to this story. Maybe there's some rhyme or reason to all of this.

[Lexy]

It amazes me that Streuver, as huge a development company as they are, can't seem to put together financing for a measly (at least, measly to them) little $20 Million. I feel sorry for what the Sounds are going through right now. I'm sure they never ever expected to feel such pressure to get this thing started once getting approval from Metro Council. I'd love to hear Streuver's side to this story. Maybe there's some rhyme or reason to all of this.

[jcoop]

Today's article from the Tennessean:

Developer: Ballpark plan in no jeopardy

Maybe this is a naive question, but since there is some division between the two sides, would it be possible to get approval to begin the actual stadium construction and allow the other mixed use aspects to begin later? I guess they would be worried that the financing for that part wouldn't come through and maybe from a construction standpoint it has to be done all at the same time. I'm pretty confident this will happen, I just didn't see this bump in the road coming...

[Hankster]

Today's article from the Tennessean:

Developer: Ballpark plan in no jeopardy

Maybe this is a naive question, but since there is some division between the two sides, would it be possible to get approval to begin the actual stadium construction and allow the other mixed use aspects to begin later? I guess they would be worried that the financing for that part wouldn't come through and maybe from a construction standpoint it has to be done all at the same time. I'm pretty confident this will happen, I just didn't see this bump in the road coming...

[southsideJ]

just heard that an announcement is coming soon from the Sounds that the stadium will be delayed until 2009