Construction is officially underway in Capitol View, a large mixed-use project in the area known as North Gulch.
HCA broke ground today on a 16-story tower that will include more than 500,000 square feet of office space for two subsidiaries: Parallon Business Solutions and Sarah Cannon.
The approximately $200 million project will bring about 2,000 jobs to Davidson County over the next few years, according to an HCA news release.
“We are proud of HCA’s 46-year history in Nashville, and we’re pleased to be involved in the growth and development of the North Gulch area,” Milton Johnson, HCA’s president and CEO, said in the release. “Mayor [Karl] Dean’s significant development efforts, with help from the state and TVA, made the choice of this site the right decision for us, and I know our employees at Parallon and Sarah Cannon look forward to moving into their new headquarters in 2016.”
HCA owns its Capitol View site. The surrounding development will be spearheaded by Boyle Investment Co.
The following are excerpts from today’s news release:
HCA’s approximately 11-acre Capitol View site in the North Gulch will feature a 16-story tower, and other structures, with a total of more than 500,000 square feet of office space, about 30,000 square feet of retail space, a parking garage and some surface parking. This approximately $200 million project will bring about 2,000 jobs to Davidson County during the next several years.
As part of the Capitol View construction project, HCA committed to a goal of 20 percent contracting with women- and-minority-owned businesses. HCA and Skanska, construction manager for the project, will engage the local community in a creative exercise that adds an aesthetic quality to the construction site and honors this commitment to diversity. Local artist and Skanska Diversity Manager James Threalkill, along with fellow artists Michael McBride and Randy Purcell will lead community youth in the creation of a mural, which will be placed on the perimeter fencing of the construction site.
Originally published in the Nashville Business Journal
By Eric Snyder