Bank seeks to stop professional center’s development


By CHARLES PULLIAM

City officials will look into an ordinance to revoke the Carothers Professional Center planned unit development at the Board of Mayoral and Aldermen meeting tonight at Franklin City Hall.

In December of 2007, BOMA approved an ordinance to create the 107,000-square-feet, non-residential planned unit development. Site plans were approved two months later, but construction never commenced.

In December of 2007, BOMA approved an ordinance to create the 107,000-square-feet, non-residential planned unit development. Site plans were approved two months later, but construction never commenced.

Bancorp South Bank, the current owner of the property, is asking to revoke the existing plan for the vacant lot at the southwest corner of Carothers Parkway and Liberty Pike.

“It is in our opinion that this plan is not feasible to develop as approved given current market conditions,” senior vice president Chris Marchetti said in a letter to the city.

City planners will also provide several options on the Carothers Parkway South Extension Project for BOMA to consider at the board’s work session which begins at 4:30 p.m. prior to the 7 p.m. BOMA meeting.

Improvements would include a bridge crossing over the Harpeth River, a sidewalk on the east side and a multiuse path along the west side of the parkway. The project length is approximately 2.2 miles beginning in the sharp 90-degree bend in South Carothers and ending at Truman Road.

Options include construction of the north or south sections only, the entire project or to place construction on hold and finish the plans. Preliminary costs place the entire project at an estimated $12.7 million.

Also on the agenda are the election of a vice mayor; a pair of mayoral appointments; and the release of results from a Franklin telephone survey conducted in September by Franklin Tomorrow and the Williamson County Association of Realtors.

The survey’s results will be presented to the board to show responses on the city’s quality of life, operation, pace of growth, housing costs and other major issues.

The work session begins at 4:30 p.m., which includes the presentation of the survey results. The BOMA meeting will begin at 7 p.m. Both will be held at Franklin City Hall, 109 3rd Ave. S.

 

About The Author

Kelly Gilfillan is the owner-publisher of Home Page Media Group which has been publishing hyperlocal news since 2009.

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