Nashville Airport Finalizes $34m Boring Co. Deal for Tesla Tunnel
The 40-year deal includes $34 million in licensing fees and aims to generate operational revenue through per-trip fees without airport capital investment.
7 Articles
7 Articles
The Boring Company’s Music City Loop gains unanimous approval
The Metro Nashville Airport Authority (MNAA) has approved a 40-year agreement with Elon Musk’s The Boring Company to build the Music City Loop, a tunnel system linking Nashville International Airport to downtown. After eight months of negotiations, MNAA board members voted unanimously on Feb. 18 to move forward with the project. Under the terms, The Boring Company will pay the airport authority an annual $300,000 licensing fee for the use of ro…
Deal between The Boring Company and BNA approved, advancing Music City Loop
On Wednesday afternoon, a deal between the Nashville International Airport and The Boring Company was approved. That means a tunnel connecting BNA to downtown Nashville, dubbed the Music City Loop,…
Boring Company edges closer to tunnel construction, inking deal with Nashville airport
The Boring Company secured a crucial green light this week in its plans to build a 10-mile tunnel system between downtown and the Nashville International Airport. The company finalized a long-term financial deal on Wednesday with the Metro Nashville Airport Authority, the airport’s governing body, after months of negotiations. Under the deal, the Boring Company will pay the airport an annual licensing fee of $300,000 to use airport property for…
Nashville Airport approves $34M Boring Company deal for Music City Loop
The Boring Company has officially secured a long-term agreement to build its next underground transit system — this time in Tennessee. On Wednesday, the Metropolitan Nashville Airport Authority (MNAA) unanimously approved a 40-year licensing deal […]
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