Breaking Ground

RiverGate Redevelopment

RiverGate Redevelopment is a 57-acre, roughly $450 million transformation of the former RiverGate Mall at 1000 Rivergate Parkway in Goodlettsville, Tennessee, the enclosed regional center that anchored North Nashville, Madison and Goodlettsville shopping for more than half a century before closing.

Official Website
TMW IntelligenceVerified Oct 1, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
03.24.26
Start
2030
Completion
120
Keys
710
Units

Financed with $36M from Pinnacle Financial Partners in 2026.

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Details

1000 Rivergate Parkway, Goodlettsville. 710 residences and 120 hotel keys. Broke ground March 2026, completing 2030. Financed with $36M from Pinnacle Financial Partners in Q1 2026.

The story so far
Announced 2025 est.Merus acquires 57-acre RiverGate Mall for $33M, plans $450M mixed-use redevelopment, Goodlettsville
citynownext.com
Master plan amended Dec 3, 2025Goodlettsville Planning Commission unanimously approved swapping one of two planned hotels in Phase Two for a 51,000 SF grocery store plus about 36,000 SF of added retail and dining; one hotel and the 340-unit apartment block remain
fox17.com
Financing secured 2026Merus secured a $36M construction loan from Pinnacle Financial Partners for the $450M rebuild of the 57-acre former Rivergate Mall site
commercialsearch.com
Broke ground Mar 24, 2026Over-stated as under construction. As of July 2026 only mall demolition and early site work are underway, with infrastructure and early vertical construction still ahead, per WSMV and Merus. Site kickoff was March 24, 2026. GFA restored to the prior 1.16M SF estimate, which better reflects the full 710 apartments, 127 townhomes, 80 senior units, 120-key hotel and 150,000 SF of retail, medical and office space
wsmv.com
First renderings released Jul 7, 2026Merus unveiled the design direction for the $450M RiverGate district, confirming 710 multifamily units, 80 senior units, 127 townhomes, a 120-key hotel and 140,000 square feet of commercial, medical and office space, while mall demolition continues along Rivergate Parkway.
wsmv.com
Expected opening 2030
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
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About the project

RiverGate Redevelopment is a 57-acre, roughly $450 million transformation of the former RiverGate Mall at 1000 Rivergate Parkway in Goodlettsville, Tennessee, the enclosed regional center that anchored North Nashville, Madison and Goodlettsville shopping for more than half a century before closing. Cincinnati-based design-build developer Merus, formerly Al. Neyer, acquired the property for $33 million and is replacing the single-use mall and its surface parking with a walkable, gridded district of new public streets, utilities and pedestrian infrastructure. Master planned with Nashville's Smith Gee Studio, the program layers about 710 market-rate apartments, 127 townhomes and 80 independent senior living residences over more than 130,000 square feet of neighborhood-serving retail and dining, a 120-key hotel, roughly 20,000 square feet of medical and office space, and a central green and plaza built for community programming. Merus has dedicated land to support future rapid bus transit, tying the district into Metro Nashville's regional transit plans, and the project is being delivered in phases as demolition of the mall gives way to infrastructure and vertical construction. For Goodlettsville and Davidson County it is the largest suburban retrofit in the corridor, a test case for converting a dead mall into a mixed-income, mixed-use neighborhood center.

Developer & design
Developer
Common questions

Frequently asked

Where is RiverGate Redevelopment located?

RiverGate Redevelopment is located in Goodlettsville.

When will RiverGate Redevelopment be completed?

RiverGate Redevelopment is breaking ground, with completion targeted in 2030.

Who is developing RiverGate Redevelopment?

Merus is the developer behind RiverGate Redevelopment.

Who designed RiverGate Redevelopment?

RiverGate Redevelopment was designed by Smith Gee Studio.

How big is RiverGate Redevelopment?

RiverGate Redevelopment features 710 residences and 120 hotel keys.