RTA Weighs LDG Easement Proposal at Hermitage Station

RTA is considering an unsolicited proposal from LDG Multifamily, LLC for a long-term easement on 1.03 acres at Hermitage Station to support a mixed-income housing development. The Board will authorize competitive advertisement of the proposal and, absent competing offers, a 12‑month exclusive negotiation period for a final easement or development agreement.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Proposed long-term easement; 12-month exclusive negotiation period if no competing proposals

Renewal

If authorized and no competing proposals are received, a 12-month exclusive negotiation window will commence; any final easement or development agreement would be brought back to the Board for separate approval and could establish an ongoing income stream.

Document type

Agenda

Source document

Regional Transportation Authority Board Meeting Agenda January 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Regional Transportation Authority Of Middle Tennessee?

Ldg Multifamily Llc was awarded this facilities contract by Regional Transportation Authority Of Middle Tennessee, as recorded on January 21, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Regional Transportation Authority Board Meeting Agenda January 2026 (Agenda), dated January 21, 2026 from Regional Transportation Authority Of Middle Tennessee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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Ldg Multifamily Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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