As reported by the Nashville Business Journal, The Boring Company has purchased a nearly four-acre property at 302 Murfreesboro Pike for $7 million, adding another sizable piece of real estate along the Music City Loop's downtown-to-airport corridor.

The property currently houses a Volvo dealership and sits near the Chestnut Hill neighborhood, substantially closer to downtown than the company's other known Murfreesboro Pike acquisition.

The Boring Company has not publicly announced what it plans to do with the site.

A second Murfreesboro Pike purchase

The new acquisition is the company's second publicly reported property purchase along Murfreesboro Pike.

Last year, The Boring Company bought a roughly 0.8-acre property at 200 Jupiter Drive, near Nashville International Airport, for $938,000. The new site is considerably larger and sits about five miles farther toward downtown.

That puts company-owned property near both ends of a corridor where tunneling is already underway.

Construction on the first Music City Loop tunnels began in February from the project's Lot 16 site near the Tennessee State Capitol. The company is building an underground transportation network intended to connect downtown Nashville with BNA before expanding into additional parts of the city.

Nashville real estate footprint keeps growing

The Murfreesboro Pike purchase follows several other property acquisitions connected to The Boring Company's Nashville expansion.

In June, a Boring Company-linked entity purchased 3301 West End Avenue for about $2.4 million. That property sits along the Loop's planned western corridor extending from Lower Broadway toward West End and Interstate 440.

The company has also acquired three downtown condominium units in the Viridian and Bennie Dillon Lofts buildings for a combined $915,000.

LOOP Nashville has been tracking those acquisitions as part of the company's growing local real estate footprint. Public records and reporting now show a mix of property ownership, leases, easements and station agreements connected to the larger network.

No station announced for the site

There is no public indication yet that 302 Murfreesboro Pike will become a passenger station.

That distinction matters as the Music City Loop expands. The Boring Company says more than 40 stations are in various stages of planning and design, but only a small number of specific station locations have been publicly identified.

Publicly disclosed station activity currently includes Nashville International Airport, the JW Marriott Nashville, PRIME and Music City Center, although the status of those projects varies.

For now, the Murfreesboro Pike purchase is another visible piece of the physical network taking shape across Nashville, but the role the property will ultimately play remains undisclosed.

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