Exclusively listed by Suburban and Urban Real Estate Services, LLC Commercial Division · 615-678-8792

708 Rivergate Pkwy · Goodlettsville, TN 37072

The $450M RiverGate Mall redevelopment

Merus is turning the 57-acre RiverGate Mall into a mixed-use neighborhood. 708 Rivergate Pkwy is a ±0.81 acre commercial corner lot for sale directly across the street.

The Master Plan

What is planned at 1000 Rivergate Pkwy

Merus, the Cincinnati design-build firm formerly known as Al. Neyer, bought the 514,000 SF mall on 57 acres for $33 million in February 2026 and is investing about $450 million in the redevelopment 1. Renderings released in July 2026 set the scope 2 3:

710Multifamily apartments
127Townhomes
80Senior living units
120Hotel keys
~120,000SF commercial, retail and dining
20,000SF medical and office

Housing

  • 710 multifamily apartments
  • 127 townhomes
  • 80 senior living units, described as affordable senior housing 4

Retail, hospitality and office

  • About 120,000 SF of commercial, retail and dining space, with CBRE leading retail leasing 2
  • A 120-key hotel
  • About 20,000 SF of medical and general office space
  • Dillard's stays, and Guitar Center stays in an upgraded building 4

Community and transit

  • A central green and plaza for community programming 5
  • Pedestrian-focused infrastructure, including a pedestrian connection to Rivergate Pkwy and another from Cude Lane to Gallatin Pike 3
  • An internal multi-bay bus stop 3
  • Land donated to WeGo Public Transit for future rapid bus transit 5 4

Timeline and traffic

  • Mall demolition underway; construction in phases into the early 2030s 2
  • 13,042 projected vehicle trips per day from the redevelopment (2025 traffic study) 3

Across the Street

708 Rivergate Pkwy: a ready corner next to the new neighborhood

±0.81 AC (35,284 SF), 200 × 182, zoned CSL, with signalized frontage, 22,986 ± AADT on Rivergate Pkwy and 50+ foot signage seen from Vietnam Veterans Pkwy (77,000 ± AADT). Asking $1,400,000. Neighbors include Target, BJ's Wholesale Club, Sprouts, Starbucks, Chick-fil-A and In-N-Out Burger.

Suited for QSR / drive-thru, medical / dental, bank / credit union and retail pad users who want to serve the new households, hotel guests and office tenants.

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Aerial map of 708 Rivergate Pkwy across from the RiverGate Mall redevelopment

Sources

  1. REBusinessOnline, "Merus Acquires RiverGate Mall in Metro Nashville, Plans $450M Mixed-Use Redevelopment," Feb. 17, 2026. rebusinessonline.com
  2. Connect CRE, "Merus Reveals Renderings of $450M Nashville Retail Venture," July 8, 2026. connectcre.com
  3. WSMV, "Rivergate Mall redevelopment renderings released as $450M project takes shape," July 7, 2026. wsmv.com
  4. Nashville Scene, "RiverGate Mall Redevelopment Keeps Old Name," Sept. 1, 2026. nashvillescene.com
  5. Merus via PR Newswire, "Merus Advances RiverGate Redevelopment Plans, Detailing Scope and Approximately $450 Million Investment," Feb. 17, 2026. streetinsider.com

Site area, dimensions, zoning, traffic counts, neighbors and parking come from public records and the property owner. Traffic counts are approximate annual average daily traffic (AADT).

±0.81 AC hard corner · $1,400,000

Exclusively listed by Suburban and Urban Real Estate Services, LLC · 615-678-8792

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