Business Buzz: Hop Springs Beer Park is for sale

Sep 04, 2020 at 07:00 am by Michelle Willard

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Hop Springs Beer Park

Apparently Hop Springs Beer Park is on the market.

According to a listing on LoopNet.com, the 83.5-acre brewing facility are up for grabs. The price isn't listed, but like many things, if you have to ask, then you can't afford it.

When it opened in 2018, Hops Springs billed itself as "Tennessee's largest craft brewery" and as a partner with MTSU’s fermentation science program.

The brewing headquarters for Steel Barrel Brewing was planned to feature a 2,000-seat amphitheater, a 10-acre hop field, wet and dry dog parks and scenic hiking and biking trails. In the intervening years, Hops Springs has added a disc golf course and hosted live music performances in the tap room.

According to thr LoopNet.com listing, "Cushman & Wakefield is currently offering the sale of +83.5 acres, 20 acres developed & 63 acres undeveloped in Rutherford County, part of Nashville’s economic region. Hop Springs Beer Park is located off of John Bragg Highway, near I-24 and 840. There is a 16,500ft2 building with state-of-the-art micro-brewery, restaurant with a full kitchen, bar, recording studio and more."

It also says that the site "can be expandable to 380 acres."

My best guess is this is a lease-back situation. Meaning Stell Barrel's parent company, Life is Brewing, wants to divest itself of the burden of property ownership and lease the facilties back from whoever buys it.

Vandy denied entrance to Murfreesboro

In a somewhat surprising move, the state denied Vanderbilt University Medical Center a certificate of need to build a 48-bed medical center in Murfreesboro, according to The Tennessean.

Instead, the Tennessee Health Services and Development Agency granted permission to Saint Thomas to build a smaller facility in the same spot. Too bad Vandy already bought the property in Blackman. 

Approval in the form of a Certificate of Need from the Tennessee Health Services and Development Agency is required before any hospital can be built.

According to The Tennessean article, John Howser, a VUMC spokesman, declined to make a comment on Vandy's plans to appeal or abandon its plans to expand into Rutherford County.

At the same meeting, Saint Thomas proposed building a small satellite facility with eight beds and eight emergency treatment rooms across the street. The facility will be located off Veterans Parkway and Interstate 840.

HCA even weighed in arguing that neither facility was needed. In the end, the agency voted 5-1 in favor of Saint Thomas and denied Vandy's proposal in a 4-2 vote.

Bridgestone Americas does something cool

Bridgestone Americas announced support for three nonprofit adaptive sports organizations as part of its ongoing efforts to help remove barriers in society and create advanced solutions that increase accessibility for all.

The partnerships, which are partially funded by the Bridgestone Americas Trust Fund, will provide individual athlete grants and help expand local programs through Challenged Athletes Foundation (CAF), Adaptive Sports Program of Ohio (ASPO) and Amputee Blade Runners (ABR).

Team Bridgestone Paralympian Scout Bassett (track and field) is an ambassador for Challenged Athletes Foundation and a champion for equal access to sports.

Bassett lost her right leg in a chemical fire as an infant, then was abandoned and subsequently spent seven years in a government-run orphanage in Nanjing, China. In 1995, she was adopted by an American couple from Michigan and tried a variety of sports to connect with her peers while still learning the English language. At 14, CAF awarded Bassett a grant to fund her training as a runner, starting her journey to becoming a U.S. National Champion, a World Championship medalist and a Paralympian in track and field.

Also a Worldwide Paralympic Partner, Bridgestone's support for these three organizations will strengthen the company's commitment to the mission of the Paralympic Movement by championing adaptive athletes, increasing accessibility to sport, and advancing diversity and inclusion education in local areas where Bridgestone operates. Through these partnerships, Bridgestone also aims to leverage its extensive engineering and materials science expertise to explore opportunities to help advance equipment and technology for adaptive athletes.



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