GBT Realty Corporation has acquired 42.5 acres in Gallatin, Tennessee, for a new retail project to be known as The Crossroads of Gallatin, a planned center totaling nearly 300,000 square feet. The land purchase clears the way for a ground-up development that will introduce a sizable open-air shopping destination to the area.
The Nashville MSA project is scheduled to kick off next month and is expected to be the largest new shopping destination developed in the metro in the past 12 years. The site is located at the intersection of Green Lea Boulevard and Harris Lane, directly adjacent to Vietnam Veterans Boulevard/SR-386, positioning the center along a key regional corridor with established highway access.
GBT has already secured two prominent national retailers for the development. Sprouts Farmers Market has committed to a 23,000-square-foot store, adding a specialty grocer to the tenant lineup. Academy Sports + Outdoors will occupy 55,000 square feet, bringing a large-format sporting goods and outdoor recreation offering to the project.
The site plan for The Crossroads of Gallatin calls for a mix of retail formats intended to accommodate both national brands and smaller users. Plans include approximately 30,000 square feet of divisible shop space, allowing for multiple smaller tenants, and several larger retail spaces ranging from about 5,000 square feet up to 55,000 square feet. In addition, six outparcels are available, with individual sites ranging from roughly one acre to 1.7 acres, offering pad opportunities for retailers, restaurants, or service providers.
According to GBT, the project will bring a curated mix of retailers, restaurants, cafés, and health and wellness providers to the Gallatin trade area. The combination of anchors, shop space, and outparcels is designed to create a multi-tenant destination that serves both daily-needs and discretionary spending categories.
More broadly, GBT Realty plans to deploy $1.3 billion across build-to-suit development and shopping center acquisitions over the next 18 months. As part of that strategy, the company expects to break ground on 33 retail projects in 2026, indicating an active development pipeline that includes The Crossroads of Gallatin as one of its near-term initiatives.
