Wednesday, September 22, 2010

Planning commission rejects May Town Center zoning - Washington Business Journal:

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The commission voted againsy changes to the land use plan for the Bells Bend wherethe $4.3 billion development has been proposed. The commissioj then voted down zoniny changes that would have allowed for a bridges tothe development, which is being backed by the May familg with Tony Giarratana actinhg as lead developer. The Metro Nashvillw City Council has final say on zoniny changes and will take up the issu in a public hearing onJuly 7. with a negative recommendatio from theplanning commission, the zoninhg measure will need 27 votess from the council, rather than the 21 usuallu required.
The planning staff had recommended approval of a zoning request to allosthe development, but that was contingent on the land use plan The commission then voted down the proposed zoning If approved, the complete town center will take some 22 yearss to build. Phase 1 of the project by 2013, bring online 425,000 squared feet of office space, 100 residentiall units and 50,000 square feet of retail, accordingg to the developer’s By 2031, the entire May Town complex would consist of 8 million square feet ofoffice 8,000 residential units and 600 hotelo rooms.

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