Morningline LeadsGet a free sampleFree sample
La Vergne, TN

Old Bridgestone Plant in La Vergne Sold for $90.7 Million; Demolition Starts for 10-Building Industrial Park

The former Bridgestone tire plant in La Vergne, Tennessee, has been sold for $90.7 million to developers who plan to tear it down and build a 1.5 million-square-foot, 10-building industrial park with a retail building at Waldron Road and Bridgestone Parkway.

By Morningline Research · October 29, 2026

The tire plant that anchored La Vergne, Tennessee, for decades is coming down. On Thursday, Oct. 15, Hamilton Development and Clarion Partners announced they had bought the former Bridgestone plant and plan to turn the site into an industrial park, WKRN reported.

The buyers paid $90.7 million for the property at 1201 Bridgestone Parkway, according to Hoodline, citing the Nashville Business Journal.

What's planned

The master plan calls for 1.5 million square feet of industrial space in 10 buildings. The developers say the buildings can fit tenants from 80,000 to 250,000 square feet. The site plan also has a future retail building on the corner of Waldron Road and Bridgestone Parkway.

Get today’s La Vergne report for your trade, free →

Phase one starts "immediately" with demolition of the old plant. That first phase is six buildings totaling more than 760,000 square feet, about half the full plan, with completion targeted for the second quarter of 2028, according to the Nashville Post as cited by Hoodline.

Whitfield Hamilton, the developer's CEO, called it "a complicated, difficult infill site given the scale of the demolition and work required."

A long run ends

The plant opened in 1972 under Firestone. Bridgestone bought it in 1988, and it became the company's first U.S. manufacturing plant. Bridgestone announced in January 2025 that it would close the La Vergne truck and bus tire plant, and the last day was moved up to July 8 of that year.

Reports differ on how many people lost jobs. WKRN said the company told 700 employees not to come back after the Fourth of July. Hoodline, citing the state layoff notice, put the number at 658 workers.

More warehouse space next door

The La Vergne site is the same developer's second big Rutherford County industrial job this year. The firm started work in March on Cornerstone Business Park, a 152-acre, 1.8 million-square-foot development in neighboring Smyrna.

The timing comes as Rutherford County already has plenty of empty warehouse space. Hoodline put the county's industrial inventory at 43 million to 45 million square feet, with vacancy between 9.5% and 10% in mid-2026, well above Nashville's 5.2% to 5.4%.

Hoodline noted that population growth has been tied to demand for distribution buildings, and the site has quick access to Interstate 24.

Want to wake up knowing what’s being built near you?

Tell us what you do and where, and we’ll send you a free sample report.

Your report comes from dave@morninglineleads.com, so please check your spam or junk folder if you don’t see it. Free, no card, no obligation. We work with one company per trade in each area, so if yours is taken, we’ll let you know.

Sources

More from Morningline Research