Economic DevelopmentUncategorized

Southeast Venture three decades ago broke ground on rural interchange now at the heart of everything

AUTHORS Staff Reports

This Sunday, Nov. 12, will mark the 30th anniversary of the groundbreaking on a $6 million interstate interchange in what is now the heart of Cool Springs. The project set the stage for a massive amount of office, retail and residential construction and the creation of a submarket that is now home to 7.5 million square feet of Class A and B office space — almost as much as there is in downtown Nashville.

Here are some images from that time and shortly thereafter, when what is now one of the biggest corporate and shopping hubs in the region consisted mostly of thousands of acres of fields and rolling hills.

Some interesting side notes to the events of 1987: Southeast Venture’s development originally went by the name Park65. At the groundbreaking, company officials unveiled the name Cool Springs, which they had teased on their invitation by including an image of the nearby Cool Springs House, now in Crockett Park.

Secondly, an example of underpromising and overdelivering: Southeast Venture President George Volkert said at the groundbreaking that the 1,150-acre Cool Springs project would create 16,000 jobs and more than $200 million in city and county tax revenues over 20 years.

And lastly, Nov. 12 also is the birthday of Southeast Venture founder Dick Sorenson. He will turn 92 on Sunday.