SBC Executive Subcommittee – July 31, 2025 Page 1 of 2 Meeting Copy AGENDA
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The State Building Commission Executive Subcommittee met on July 31, 2025, to consider a Department of General Services proposal for a no-cost lease of approximately 0.8 acres of the Downtown Nashville Parking Lot 16 to TBC-TN, LLC for a term running from August 1, 2025, to March 31, 2027. The tenant intends to use the site to launch a tunnel boring machine and manage construction activities for a vehicular tunnel project connecting downtown Nashville to the airport, with the State retaining the right to terminate the lease if construction does not progress. The subcommittee was asked to approve the disposal by lease with a waiver of advertisement, citing mutual benefits to the State from the tunnel project and the fact that the parking lot portion is underutilized.
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