Nashville Mayor Karl Dean announced plans Friday to purchase the JCPenney building at Hickory Hollow Mall.
The development on the north end of the mall will include an expanded library, new regional community center and 2.6 acres of green space for a park.
A resolution authorizing Metro to exercise an option to purchase the property for $3.25 million will be filed Friday and go before the Metro Council on November 15.
"Southeast Davidson County is one of the fastest growing parts of our city, and this purchase will help make sure that the facilities and services there keep pace with the needs of its residents," Dean said in a release.
Metro's capital spending plan, approved last year, includes $18 million for the development of Hickory Hollow Mall into mixed-use center.
The approximately 138,000-square-foot JCPenney building will be renovated to LEED Silver certification standards.
At 25,000-square-feet, the new library will be more than double the size of the existing library on Hickory Highlands Drive and allow for more public computers, a larger public meeting room, a story-hour room, a teen space, quiet study rooms and other amenities.
Also proposed for the building is a 30,000-square-foot regional community center that will include a gymnasium, fitness center, multi-purpose room and other amenities.
Once the option to purchase is approved by the Metro Council, Metro Parks and the Nashville Public Library will seek public input on the design and programming of the new facilities.
Other non-retail components planned at Hickory Hollow Mall include a satellite campus of Nashville State Community College, which is in the process of purchasing the Dillard's building at the mall.