Simon plans new 100-acre retail project in Nashville metro
Simon Property Group has broken ground on a new retail project in one of the country’s fastest-growing markets.
The shopping center giant will begin construction on Sagefield, a 100-acre, open-air retail destination located at Interstate 65 and Interstate 840 in Thompson's Station, Tenn., a small town south of Nashville.
The project, which will feature 80 boutiques, restaurants, an organic gourmet market and multiple wellness concepts, is slated to open in late 2028. Simon says the pedestrian-focused development will include green space covering approximately 60% of the property, along with miles of nature trails, walkways and water features.
Sagefield will be constructed in collaboration with Arco Murray and designed by Gensler and SWA Group. Over the next several months, Simon will share updates regarding project phasing, infrastructure milestones and upcoming retailer announcements.
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Rendering courtesy of Simon Property Group. -
Rendering courtesy of Simon Property Group. -
Rendering courtesy of Simon Property Group.
According to U.S. Census data, Nashville’s metro population stood at approximately 720,000 in 2025, a 4.6% increase from 2020. The median household income as of 2024 was approximately $77,700.
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"At Simon, we believe the most meaningful places are the ones that bring people together," said Mark Silvestri, president of Simon Development. "Sagefield was imagined with that purpose in mind. It is a place designed with intention, rooted in its surroundings, and created for the community. Breaking ground today marks the start of bringing that vision to life. We're proud to build a vibrant gathering place that reflects the spirit of Thompson's Station and will welcome residents and visitors alike for generations."
Headquartered in Indianapolis, Simon is a real estate investment trust engaged in the ownership of premier shopping, dining and entertainment mixed-use destinations, with roughly 200 properties across North America, Europe and Asia.
