Following a decade of study and debate, Nashville this month will begin clearing a 16-acre downtown site for the controversial $585-million Music City Convention Center. Photo: Music City Convention Center Authority Sweet song Music City Convention Center will inject more than $500 million into Nashville’s economy. A 1,000-room hotel to be located nearby would add another $300 million. The Nashville Metro Council voted 29-9 in January to approve the financing plan, despite questions about the city’s ability to pay off construction debt approaching $40 million a year. The 1.2-million-sq-ft convention center is scheduled to open in early 2013. The construction-management-at-risk
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.