Southern Land Co. has finalized the purchase of more than 16 acres in East Nashville with plans to redevelop the site. The company paid $33.75 million for the property, which currently houses Lincoln School of Technology and is affiliated with an LLC owned by Lincoln Educational Services Corp., who purchased it from Nashville Auto-Diesel College in 2003.
Tim Downey, founder and CEO of Southern Land Co., stated that their goal is “to design a vibrant mixed-use community that will artfully serve people living in East Nashville as a walkable neighborhood that enhances their lives”. The project will include 800 multifamily units, 300,000 square feet of commercial space, live-work units as well as three parking structures and up to 150 single family homes or townhomes while still allowing Lincoln School of Technology to continue operations until they secure a new home for themselves elsewhere onsite .
