Page 25 - Murfreesboro, TN Comprehensive Plan: Chapter 7, Economic Development

Economic Development 7.25

DRAFT 12.02.15

factors; optimal office sites and configurations; and
target tenant profiles.
3. Consider implementing the use of TIF to incent office
development in designated redevelopment areas.
4. Reach-out to property-owners to expand the
availability of prime office sites on the market.
5. Pre-zone key sites for office development based on
the Comprehensive Plan’s Future Land Use map.
6. Create an avenue for development projects that meet
specific performance criteria to receive expedited
(fast-tracked) permitting consideration.
7. Convene a commercial brokers roundtable to
discuss commercial office market trends and ways
to improve Murfreesboro’s competitiveness for new
Class A office space.
8. Create and update an interactive available commercial
sites tab on a new economic development website. Fountains at Gateway
9. Produce an “Office Opportunities” marketing piece
showcasing the regional asset-base, key office sites
and incentives. Distribute widely within the metro Fountains at Gateway is a new 31-acre Class A
real estate community. multi-tenant office and retail development in
10. Consider authorizing a newly formed Redevelopment burgeoning Rutherford County, less than 30
Authority or IDB as a “quasi-public developer” minutes from Nashville. Designed as a walkable
through direct control and marketing of key sites (i.e. corporate office campus and retail district,
option transfer and deal packaging). Fountains at Gateway also includes residential
apartments and a hotel to complete the new
urban landscape.
Office, retail and hotel buildings are situated
around a central plaza with multiple fountains
and pocket parks. The residential community
overlooks Gateway Island Park. All are
interconnected by a system of walkways
leading to the adjoining City Greenway system,
seamlessly connecting pedestrians and cyclists
in a friendly hub of activity and planned events.

Fountains at Gateway will include 400,000 SF
of office space, 70,000 SF of retail space, a 100-
room hotel and a 100-unit apartment community.