Business View Magazine | March 2020

286 BUSINESS VIEW MAGAZINE MARCH 2020 Square has slowly redeveloped into a mixed-use space but still has room for new construction and vacant office space. South Clarksville Redevelopment Plan envisions a mixed-use development with new streets, a redesigned 17.3-acre riverfront park, a hotel, multi-family housing, retail/commercial establishments, and open, public spaces. The town has already invested over $15 million in public utility and infrastructure work, including an entirely reconstructed wastewater system to service the entire redevelopment area. “We’ve also pledged over $9 million in public/private partnerships to be a catalyst for the economic development activity. The public pledge includes gap financing for the first mixed-use project with 100 apartment units and 30,000 square feet of retail,” notes Fisher. In April, Clarksville will acquire the Marathon property, which will allow it to begin looking for development partners as it seeks to create