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Some clarity on the Beaman auto empire sale: The sale of his dealerships Hudson Automotive Group includes everything but the land (11 acres on Broadway, just west of I-65/40 inner belt, and 7 acres of 12th Ave. South at Hawkins, just south of I-65/40 inner belt). Beaman will retain the acreage for potential future sale or redevelopment. For the short-term he will lease the properties to Hudson for the car dealerships and auto shops. There is an additional 7.5 acres in East Nashville that are part of the set-up. David Hudson, CEO of Hudson Automotive, confirmed that they will ultimately relocate the dealership and associated auto shops to another location. In 2016, Beaman told the Business Journal that he thought his Broadway land was worth more than his dealership. "I've thought in years past that the value of the land just couldn't get any higher, and it just keeps going up. There have been some plateaus, sure, but I'm very confident," Beaman said then. "I'm not saying I'd take $15 million (an acre). … But I'd sure put a pencil to it." More behind the NBJ paywall here: https://www.bizjournals.com/nashville/news/2020/09/03/lee-beaman-automotive-hudson-automotive-broadway.html?iana=hpmvp_nsh_news_headline This map from the article gives an idea of the locations. The site at the upper left should actually include another substantial portion (about 1/3) of the block to the south of McGavock, and north of Demonbreun.
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