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Capstone is pleased to present the Vulcan Mixed-Use Baseball & Entertainment District Development Site, a +13.0-acre site centrally located within the Vulcan-Frosty redevelopment district of Clarksville, TN. Ideally situated within one of two opportunity zones in Clarksville, the site’s location enables developers to defer capital gains towards the development of ±330 multifamily units. Clarksville’s booming population has encouraged the provincial government to allocate funds toward highly revitalizing districts to promote economic growth and create a positive social impact within densely populated and underutilized communities. The ±13 acre site is part of a larger mixed-use, master planned development which includes a professional baseball and multi-use stadium, hotel, and commercial buildings. Similar projects such as The Battery in Atlanta, GA, and the Rocket City Trash Pandas in Madison, AL showcase proportionately mixed-use baseball-anchored projects’ financial and social success. The Vulcan Mixed-Use Baseball & Entertainment Development Site is within one of four revitalizing Clarksville neighborhoods, presenting developers the opportunity to acquire a baseball-anchored multifamily project with dynamic development strategies in an Opportunity Zone.
Qualified Opportunity Zone (QOZ) Location
Professional Baseball Anchored Mixed Use
Proximity to City Funded Improvements and Revitalization Including Greenway Connectivity