Marketplace: May Town Center backers to speak to retail confab

Monday, July 14, 2008 at 3:07am

Developer Tony Giarratana and Paul Shaw, a vice president at Dallas-based architectural firm RTKL, will give a presentation Friday to an International Council of Shopping Centers conference here in Nashville.

The session is titled “May Town Center – A Sustainable Urbanity.”

There’s no doubt that some eyes will roll among the opponents on Bells Bend.

Even though a large shopping component isn’t slated to be part of the development, the ICSC folks apparently want to know more about its “smart growth” aspects.

Whether or not the proposed development is smart growth is a key question.

Legal moves

Metro Legal has leased 18,800 square feet of space in the Washington Square Building on Second Avenue North. DWC Construction is fixing up space on the sixth floor for the Metro lawyers.

Metro Council approved the lease last month. That deal also included an extension on the 40,222 square feet the Davidson County District Attorney has had in the building since 1993.

The base rent for the entire space will be $876,476 for the first three years and then rise each following year.

Mobile home village sold

Chad M. Ray, an investor and manager of apartment properties based in Goodlettsville, has bought the Holiday Mobile Village at 201 Grizzard Ave. near Trinity Lane and Dickerson Pike.

Ray paid $6 million for the 32.4-acre property. He borrowed $5.1 million through Volunteer State Bank. He also has a $1 million note through Terry Hallemann’s Bridge Funding Corp.

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By: WrdBrn on 12/31/69 at 6:00

"International Council of Shopping Centers conference here in Nashville." That may be the most ironic thing I have read in a long time. Too many 'Shopping Centers' destroy local businesses, create low paying jobs with no medical insurance options, and feed a unique addiction to STUFF (http://www.storyofstuff.com/). Tony G and his recon team have found themselves in a chilly economic climate and need someone to carry them down off the mountain to survive. Don't. The rest of that story is ... when the snake realized it was safe it bit and poisoned the rescuer quipping -- you knew I was a snake when you picked me up.