Deal between FBC Nashville, hotel developer fails

Deal between FBC Nashville, hotel developer fails

Nashville — No one speaking to the press reportedly understands why a proposed deal has fallen through between First Baptist Church, Nashville, and a developer of a hotel project.
Neither side could explain why the multimillion-dollar deal for the 1.26–acre downtown parking lot wasn’t finalized, according to the Nashville Business Journal. Both sides also expressed disappointment.
The Journal also reported that failed real estate deals have been par for the course for the congregation located in the middle of “white hot” commercial development in downtown Nashville.