Lee Beaman: No to Public Financing

Many real estate experts believe that as the land prices rise, it will force the dealerships, which will require large tracts of land, to move and clear the way for h...

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Lee Beaman: No to Public Financing

Posted by Gary Ashton: RE/MAX ADMIN on Tuesday, October 16th, 2012 at 1:35am.

Many real estate experts believe that as the land prices rise, it will force the dealerships, which will require large tracts of land, to move and clear the way for higher density developments. But there is one person who did not believe in the idea, and that is Lee Beaman, the head of Beaman Automotive Group in Nashville. He believes that his dealerships could stay put on Broadway for at least the next 10 to 15 years.

“Well, obviously, the price of land really increases expensively, and therefore tends to drive away car dealers into suburbs, but at the same time, we realize that the working population who live and work in Nashville will much appreciate having a much more convenient place to buy cars and have them serviced without a need to drive into these suburbs. It’s true that no one can predict the future, not me, not anybody else, but I don’t anticipate somebody offering us enough money to make us change our mind”, said Beaman.

Lee Beaman believes that the stretch of Broadway is the best spot to attract people in Nashville to buy cars and offer services for their vehicles or anything else for that matter, because in Broadway, you’ve got six interstate arteries coming into this spot. In addition, the main streets of Nashville converging into this area and West End Summit will only make it better.

Beaman also noted that there are three thousand more people working close by, which he assumes is going to be a great boost to their business. According to him, he hates to see the amount of public funds being used to make things happen. He understand the realities of competition between the counties but still hate to see that the Davidson County have to shell out money just to get people to build their businesses here. To make things short, Beaman, who is also a well-known supporter of conservative causes, is not happy about the public financing offered to HCA Holdings Inc.

 

Gary Ashton

The Ashton Real Estate Group of RE/MAX Advantage

The #1 Real Estate Team in Tennessee and #4 RE/MAX team in the world!

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