Posted on November 11, 2014
The formal announcement came at 2 p.m. during a news conference at the planned site located at Fourth Avenue and Demonbreun Street, situated about a block away from the Bridgestone Arena.
The $200 million project is expected to break ground early next year and be completed by 2017. The new 30-story high rise will include 514,000-square-feet.
“We are grateful for Bridgestone's ongoing commitment to Tennessee,” Gov. Bill Haslam said. “This is one of our state's best known brands and a company that would be more than welcome anywhere in the world.
Bridgestone is currently located near the Nashville International Airport on Marriott Drive in Donelson.
U.S. Senator Lamar Alexander released a statement about the announcement Tuesday evening.
It said, in full, "Bridgestone's decision to build its new headquarters in downtown Nashville and bring 600 additional jobs to Tennessee is further proof that our state is headed in the right direction. Tennessee's low taxes, right-to-work law and other advantages continue to make it an ideal place for the automotive industry to invest."
The company also announced Tuesday a grant of $750,000 to Metropolitan Nashville Public Schools. Bridgestone has pledged $150,000 in each of the next five years in support of the Music Makes Us initiative.
Music Makes Us is a joint effort by MNPS, Mayor Karl Dean and local musicians to strengthen music literacy and student participation.