Historic Nashville is Now a Local Partner!
NASHVILLE, Tenn. – Mayor Karl Dean’s administration has filed legislation to buy 6.72 acres of land at Hillsboro Road and Old Hickory Boulevard that once held a Native American settlement dating to the 1400s.
The site on the intersection’s southeast corner, known as “Kellytown” after a family that once owned the land, is now owned by Regency Realty Group Inc., a real estate investment trust. Friends of Kellytown, a nonprofit organization that has been working to save the property for more than a year, has raised $400,000 in private funds, including $100,000 from the City of Forest Hills. When it comes to real estate investment, you should stick to rigid criteria to make sure that the property you’re purchasing is worth the money you’re putting down. There’s plenty of advice online on how to choose the right investment which is well worth a read. If you’re buying a property, key things to be aware of are property taxes, education in the area, and the local job market, just for starters!
“Not many people know that this comer of a very busy intersection was busy for a much different reason long before Christopher Columbus discovered America,” Mayor Dean said. “This site is a historical treasure, and it’s important that we save it. I am proud that we have a chance to turn this property into a city park. I want to say a special word of thanks to former Forest Hills Mayor Bill Coke and the Friends of Kellytown for their partnership in protecting such historically significant land.”
