Carl Icahn's massive scrapyard in downtown Nashville headed to auction, date unknown [Yahoo! Finance]
Icahn Enterprises L.P. - Depositary Units representing Limited Partner Interests (IEP)
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Source: Yahoo! Finance
The 45-acre property occupied by PCS Metals and owned by Icahn Enterprises has been the subject of questions regarding redevelopment on Nashville's East Bank for multiple mayoral administrations. That uncertainty may soon end if the auction is successful. A representative of CBRE confirmed the impending auction, which does not yet have a date. The potential sale of the massive swath of East Bank land could free up valuable space for redevelopment, as the city is undergoing a multi-phased redevelopment of land surrounding Nissan Stadium. Former Nashville mayor John Cooper called the land an "eyesore" and attempted to arrange a sale in 2022. Billionaire investor Carl Icahn sold the PCS Metals business to SA Recycling in 2021, but retained ownership of the land. The communications director for the office of Mayor Freddie O'Connell said the mayor has long envisioned the land for use beyond a metal scrapyard. "The mayor, like many Nashvillians, has long imagined riverfront uses
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- Icahn Enterprises L.P. Announces Pricing of Senior NotesPR Newswire
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- Icahn Enterprises L.P. Intends to Offer New Senior NotesPR Newswire
IEP
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- 11/8/24 - Miss
IEP
Sec Filings
- 11/21/24 - Form 8-K
- 11/15/24 - Form 8-K
- 11/14/24 - Form 8-K
- IEP's page on the SEC website