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Tennessee Titans confirm ‘neighbourhood’ plan at Nissan Stadium

Tennessee Titans are in advanced conversations with Nashville authorities concerning the redevelopment of a large area adjacent to the NFL team’s Nissan Stadium.

The two parties said the discussions aim to secure the Titans’ future in Nashville and facilitate the creation of a new Nashville neighbourhood surrounding the facility. The NFL team said that while preliminary talks between the Titans and previous administrations have taken place over several years, Mayor John Cooper’s current administration has advanced the conversations to create the framework of a solution beneficial to all parties.

Current concepts for the East Bank neighbourhood include a gathering of mixed public and private use facilities such as riverfront parks, green space, housing, offices, retail and restaurants.

“Today is a big day for the Tennessee Titans organisation, as we look to the future of Nissan Stadium and surrounding area,” said Titans controlling owner Amy Adams Strunk. “Our biggest priority throughout this process has been to envision a space that Nashvillians would be proud of, built with the community in mind.

“The idea of our stadium in a neighbourhood where locals can live, work and enjoy, is something we’ve been focused on for a long time.

“Not only will the project serve generations of Nashvillians to come, but it will generate the revenue needed to provide Metro with substantial financial relief. We’re so appreciative of Mayor Cooper’s enthusiasm for this project.”

Nissan Stadium, owned by the city’s Sports Authority, opened in 1999 and has been the home of the Titans ever since then.

The Titans’ current lease on the 69,000-capacity stadium is up in 2028, with Cooper’s administration reported to want an extension of several decades to be agreed. Further discussions will take place between Metro Nashville and senior leadership from the Titans in the coming weeks concerning details of the project and lease extension.

The parties said the development would foster the creation of thousands of jobs and generate millions in new tax revenue annually that would be used to mitigate the city’s direct financial burden outlined in the present lease.

The development would be privately funded and resulting tax revenue used to fund substantial upgrades to Nissan Stadium.

“The plan for a vibrant neighbourhood along our city’s East Bank, bringing people closer to parks and creating opportunities for local businesses, is a huge opportunity for our community,” said Cooper. “I am committed to a solution that best fits the needs of Nashville, and I know the Titans share that same commitment.”

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