“Real estate investor closes $9.4 million deal for undeveloped lot on Lower Broadway”

One of the two remaining undeveloped lots on Lower Broadway has plans for a multi-story music and entertainment development in its future.

Nashville-based Big Plan Holdings announced the purchase of the property this week, paying $9.4 million for the lot located between Merchants restaurant and Nudie's Honky Tonk at 405 Broadway. The property has remained undeveloped for at least three decades, serving as a parking lot.

Josh Joseph, Founder/CEO of Big Plan Holdings and commercial real estate developer of 23 years, said the purchase was a "once-in-a-lifetime opportunity" that he couldn't miss, even in the midst of a pandemic that continues to rock the Nashville tourism industry.

The Tennessean article continues here.

‍