#State property 2 megashare plus#

The Legislative Plaza, which was to be relegated to parking when legislators moved their offices to the Cordell Hull Building four years ago, is slated instead for $183 million worth of work. The governor is trying to find an вЂњeconomic driverвЂќ to replace the loss of the Tullahoma facility, according to Branscom.ДЄ THP headquarters is also planned for a total cost of $72 million. The project is designed to replace five locations, including the old law enforcement training academy, old Tennessee State Prison, Foster Avenue Department of Safety headquarters, the Tennessee Highway Patrol training center at the former Clover Bottom campus and the Tennessee Correction Academy in Tullahoma.

It will house headquarters for the Department of Correction and Department of Safety and Homeland Security and include a firing range, emergency vehicle operations course, training academy, shoot house, driving track and underwater training area. The stateвЂ™s most ambitious project involves construction of a Tennessee Law Enforcement Academy on 80 acres in Cockrill Bend, with a total cost of about $409 million, including $356 million in the next fiscal budget. Funds from those sales will be used for capital maintenance. Polk building on the market, which will eliminate $300 million in deferred maintenance, according to General Services Commissioner Christi Branscom. The state is negotiating a sale of the Citizens Plaza building to Metro Nashville government, along with putting the James K. Polk and Citizens Plaza buildings, as well as moving out of leased property into state-owned buildings. The plan involves renovating the Legislative Plaza and War Memorial Plaza buildings and selling the James K. In addition, the state is prepared to attack $2.5 billion in deferred maintenance backlog, including $406 million in downtown office buildings alone. The projects will be brought to the State Funding Board in a вЂњstaggeredвЂќ fashion. вЂњIt does fundamentally change the footprint of the state, I think, for generations,вЂќ Finance & Administration Commissioner Butch Eley, the governorвЂ™s new deputy, told lawmakers in a recent budget hearing.Д®ley explained that many of the proposed 123 projects represent вЂњstrategic investment dollarsвЂќ designed to last 30 years or more.

#State property 2 megashare plus#

Tennessee lawmakers are looking at a $2.7 billion capital projects program for fiscal 2022-23 alone, plus the sale of property to reduce the stateвЂ™s holdings in one of the boldest proposals to come along in years. Photo Credit: John PartipiloД«y Sam Stockard вЂ“ Photo: The Cordell Hull Legislative Building.