The latest developments with this section of land downtown have reached a new level beyond the potential site for a new Sounds baseball stadium. Besides Publix, Target has clearly stated they've wanted to enter the downtown/midtown marketplace for several years now and would be incedibly convenient to downtown, midtown, and Germantown residents, with Vandy students likely being the biggest frequenters of this proposed Target. In addition, IKEA is in talks with the developers and this would truly be an urban location. While Atlanta's is in Atlantic Station, it is sort of removed from the true fabric of Midtown. A movie theatre and 500 apartments could also be in the works.
"Development plans for the Greyhound bus terminal along Charlotte Avenue are becoming the focus of what may be downtown’s latest burst of commercial development. This has the potential to be a massive catalyst for a larger retail presence, especially national chains, returning to downtown.
The temporary bus station could turn into a big-box retailer or a major grocer. In addition, the property was recently chosen as one of three possible sites for a new Nashville Sounds baseball stadium.
The Swedish home furnishing store Ikea has been named as a possible candidate for the site. Retail titan Target and the Publix supermarket chain are also in negotiations over the property."