Mayor Karl Dean today announced that agreements have been reached with the State of Tennessee, the Nashville Sounds and a leading multi-family developer for a significant public-private partnership that will allow Metro to build a new minor league ballpark at Sulphur Dell in the Jefferson Street/Germantown area.
“I’ve said all along that this proposal would need to make financial sense for the city and that the Sounds would need to have some skin in the game, and I’m proud this agreement meets those goals,” Mayor Dean said. “This investment north of downtown returns baseball to its historic home in Sulphur Dell and will spur further redevelopment of the Jefferson Street area. I want to thank all our partners in this deal, including Gov. Bill Haslam, the State Building Commission members and their staffs. Minor-league baseball offers affordable family fun, and I look forward to discussions in the coming weeks about this important and exciting part of the Nashville sports mix.”
Details of the proposal and a financing plan will be presented to members of the Nashville Sports Authority and Metro Council during two information sessions on Monday, Nov. 11:
• Nashville Sports Authority Board meeting, 8:30 a.m. in the Media Room at LP Field. Parking will be available in Lot S off of Titans Way. Enter the stadium through the West Club entrance.
• Information Session, 4 p.m. in the David Scobey Council Chamber at the Historic Metro Courthouse, 1 Public Square.