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Hard Hat Zone: Dolly Parton's The Dollywood Company has purchased an 11-story, 233,314 sq. ft. downtown Nashville building at 211 Commerce St. for $75 million, with plans to convert it into a hotel. "Since the pandemic, commercial real estate is becoming an opportunity. I strongly believe in the future of Nashville and feel this is a great investment," Parton told the Nashville Business Journal. The Dollywood Company already operates two hotel resorts near its namesake theme park in East Tennessee.

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In other real estate news, Nashville satellite city Berry Hill could be the site of a new four-acre film and music studio campus housing some Universal Music Group operations, pending approval of the city's leadership. The reportedly $250m project is expected to house recording studios, scoring stages, office space, an audio research and development facility, four "producer cottages" and an outdoor performance venue at nearby Columbine Park.

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The CMA 2023
Voter's Guide

A quick reference guide to the 2023 CMA Nominees


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