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| West End Summit ： ウィキペディア英語版 |
West End Summit
The West End Summit is a long planned mixed-use construction project near downtown Nashville has failed to materialize after nearly 10 years of setbacks. Conceived by Nashville-based Alex S. Palmer Co., the project was originally planned to open in 2007. It was relaunched in September, 2012 with news that Nashville headquartered HCA (Hospital Corporation of America) had signed leases to occupy two office towers on the site. In addition to the office towers, an InterContinental Hotel was planned as part of the development. More than a year after HCA signed leases construction failed to start due to the developer (Alex Palmer Co.) failing to obtain equity financing for the $275 million project. Subsequently, HCA announced that it will build its headquarters on nearby site in Nashville's North Gulch district. The site, located at West End and 17th Avenue, contains a massive, block long, 85 foot deep excavation for an underground parking garage that has filled with water and is jokingly referred to as "Lake Palmer".
==Criticism==
The failed West End Summit project, along with developer Alex S. Palmer Co., has faced tremendous public and media scrutiny because of its numerous construction delays, financing woes and construction liens. Harmon Inc. filed a lawsuit stating it is owed US$120,000 by Alex S. Palmer Co., the project's developer, and general contractor Turner Construction Co.. Construction excavation work initially started in 2005 as the developer attempted to cope with the credit crunch and was seeking an anchor tenant for the office portion of the project.〔 〕
Nashville residents often refer the resulting construction hole as "Lake Palmer." This hole is now mostly filled with rainwater.
The rainwater was completely drained (mostly into the street) in 2013 for the anticipated construction of the HCA building. After the financing fell through, the hole has since filled back up with water.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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