REQUEST FOR INFORMATION -Notice of Unsolicited Proposal - Hermitage Station

Summary

On September 2, 2025, WeGo received an unsolicited proposal from LOG Multifamily, LLC, a national multifamily developer specializing in mixed-income multifamily housing. LOG has secured an option to purchase property at 4125 Andrew Jackson Parkway in Hermitage, immediately adjacent to the Hermitage WeGo Star Station Park-and-Ride lot. LOG proposes to create a mixed-income multifamily housing development at 4125 Andrew Jackson Parkway. To advance the proposed multifamily housing development, LOG would need to obtain a long-term easement on two parcels of property (approximately 1.03 acres) owned by RTA. The requested long-term easement (illustrated in the attached drawing) would accommodate access and egress to the development, as well as some surface parking capacity. There would be no construction of permanent structures on RTA property. As part of its proposal, LOG would cover all costs associated with Metro Nashville's rezoning process for RTA's 1.03 acres alongside 4125 Andrew Jackson Parkway. It would also entail entering into a shared parking and development agreement to regrade, expand, and improve RT A's 1.03 acres to comply with Metro Nashville's rezoning requirements. LOG would be entirely responsible for any improvements to the land if the easement is approved. The proposed development would not interfere with ongoing RTA operations at this site.

Full description

In accordance with applicable regulations of the Federal Transit Administration (FTA) of the United States Department of Transportation (USDOT) and the internal procedures of the RTA, prospective developers interested in submitting a competing proposal to lease the subject property and offer RTA similar service enhancements in full compliance with the Joint Development regulations of the Federal Transit Administration, must submit a written proposal via OpenGov or email to: Kim Hereford, Procurement Manager, Regional Transportation of Middle Tennessee:Kim.Hereford@nashville.gov.RTA reserves the right to proceed with the unsolicited proposal as a Sole Source Procurement if it is determined that no other entity responding to this notice offers a proposal with similar benefits, or to solicit for competitive proposals if it is determined that there are multiple entities that could potentially meet the intent of the project.January 21, 2026 RTA Board of Directors approved the following:WeGo Staff and the proposer provided information about the proposed easement and accompanying development at a meeting of the RTA Finance Committee on January 13. With the understanding that such an arrangement would not interfere with the Authority's ongoing operations, that it would not compromise the Authority's continuing use and control of the property, and that the transaction may result in an income stream for the Authority based on the fair market value of the easement; the Finance Committee is recommending that the RTA Board authorize staff to Advertise the receipt of this proposal in accordance with Federal Transit Administration (FTA) regulations and RTA Unsolicited Proposals Policy in a competitive environment to determine if other proposers could provide a similar benefit to the Authority. If no other competitive proposals are received, the Board authorizes a twelve (12) month period of exclusive negotiation during which time the RTA staff and developers would engage in due diligence, including the development of materials for regulatory review by FTA and other necessary entities. Any final legal agreement (easement or otherwise) between the RTA and the developers would be required to be approved in a separate action by the RTA Board of Directors.

Attachments

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Contact

Email:

kim.hereford@nashville.gov

Phone:

(615)566-4801

Title:

Procurement Management

Address:

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