This news was announced about a year ago....from the Clarksville Leaf Chronicle
An important piece of land adjacent to the Austin Peay State campus is being offered to APSU (for purchase). Apparently, the University is serious about acquisition of the property as they have already prepared some conceptual plans for development. The subject parcels are on the south side of College Street (top and left in the picture).
Downtown Clarksville is at top center.