08/12/26 Industrial Development Board

The Metro Nashville Industrial Development Board held a meeting on August 12, 2026, focusing primarily on housing development projects and grant contract approvals. The board approved a six-month extension of the inducement resolution for the Liberty Lane Apartments project by Nashville Leased Housing Associates 7 LLP, a 221-unit affordable housing development near Rivergate Mall. They also approved the final bond resolution for the Encore and Bueno Vista Apartments project, a 244-unit development with a closing anticipated in mid-September 2026 and groundbreaking expected in Q4 2026. Additionally, the board approved an amendment to a Tennessee Department of Economic and Community Development grant contract for Revance Therapeutics, extending the reporting period due to delays caused by the COVID-19 pandemic. The chairman noted upcoming robust meeting schedules for late 2026 and early 2027. These actions reflect ongoing support for affordable housing projects and economic development initiatives in the Nashville area.