CEO of Fallon Company discusses the multi-billion-dollar development of Nashville's East Bank. Co-Founder of Shopsense AI talks about the media platform for seamless shopping. Topics include urban redevelopment, sustainability, AI-driven merchandising, and revolutionizing shopping through technology.
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Quick takeaways
Strategic phasing and collaboration drive the multi-billion-dollar redevelopment of Nashville's East Bank, aligning with city growth drivers.
Focus on green building practices and urban design enhances Nashville's East Bank project for modern preferences and sustainability.
Deep dives
Developing Nashville's East Bank for Growth and Sustainability
In Nashville, the Fallon Company is spearheading a multi-billion dollar mixed-use neighborhood project to redevelop 30 acres of dormant lots into Nashville's East Bank. Michael Fallon, the CEO, discusses how the market timing and collaboration with the city of Nashville allow them to phase the project strategically, catering to the hot residential, hotel, and retail demand in Nashville. With a focus on long-term drivers like education, healthcare, and tourism, the project anticipates sustainable growth over a 10 to 15-year horizon.
Utilizing Infrastructure and Market Timing in Real Estate Development
Michael Fallon highlights the importance of infrastructure investments by the city of Nashville in supporting large-scale developments like Nashville's East Bank. By leveraging ground lease options and phasing projects, the developer aligns with the city's business-friendly climate and rising market demands for urban projects. The ability to time market cycles and capitalize on Nashville's growth drivers like tourism and education guide the strategic approach to successful real estate development.
Innovative Urban Design for Sustainable and Vibrant Communities
In response to the evolving market demands and sustainability trends, the Fallon Company focuses on green building practices and designing spaces that cater to outdoor lifestyles in Nashville's mixed-use neighborhood. Emphasizing pedestrian access, green spaces, and street vibrancy, the development aims to create a vibrant community with amenities that align with modern preferences, such as outdoor dining areas and events spaces. By prioritizing unique designs and street-level attractiveness, the project seeks to differentiate itself in Nashville's developing real estate landscape.
Fallon Company CEO Michael Fallon discusses the multi-billion-dollar development of Nashville, TN’s East Bank. Glenn Fishback, Co-Founder and CEO of Shopsense AI, talks about the media platform that allows consumers to seamlessly shop for items they see on their favorite shows.
Hosts: Tim Stenovec and Sonali Basak. Producer: Paul Brennan.