Metro Councilmembers, local advocacy groups and McFerrin Park residents are joining forces to secure a community benefits agreement with Cypress Real Estate Advisors, the Texas-based developer behind a proposed redevelopment of the RiverChase Apartments in East Nashville.
The CBA would include requirements for affordable housing, well-paying jobs, worker protections and a path for some current residents to return to the housing complex. The RiverChase complex is located at the intersection of Dickerson Pike and Meridian Street in an area already undergoing major transformation related to development on the East Bank.
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