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Tennessee News - March 2007

Skanska begins construction of Nissan headquarters

Skanska USA Building Inc. of Parsippany, N. J., has begun construction in Franklin, Tenn., of a new $100 million headquarters for Nissan North America. Gresham Smith and Partners of Nashville is the project's designer.

The headquarters will measure 450,000 sq ft and include an 1,135-space parking garage.

Skanska began site preparation of the site in July. Completion is scheduled for 2008. Nissan moved its North American headquarters to the BellSouth building in Nashville last summer. It was previously located in Gardena, Calif.

JMJ Holdings announces mixed-use Biltmore project

JMJ Holdings recently announced that it's on a fast track with its 2,000-acre multi-use development in West Nashville.

Tim Barton, president and CEO of JMJ, said, "All the pieces have come together for the Biltmore project. We've got the master plan, the infrastructure and the financing in place."

The Biltmore is a mixed-use development, including townhomes, single-family and multi-family homes. JMJ is currently negotiating for joint ventures on the retail sector.


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