Site is expected to land major redevelopment

The Firestone Complete Auto Care in The Gulch — downtown’s last remaining corporate auto vehicle-related business — has closed, with a major mixed-use project likely to replace it.

In November 2018, Brentwood-based GBT paid a unit of Bridgestone Americas $7 million for the nearly 0.4-acre site at 1221 Broadway.

Prior to that transaction, the property traded ownership hands in 2001 for $920,000. The Post could not determine what year the Firestone started operations at the site.

GBT has yet to announce its plans for the two-parcel site and declined comment. However, based on the location and the figure GBT paid — along with the company’s transition to doing high-profile mixed-used buildings — a large-scale building could be possible.

Prior to the closing, the last national auto vehicle care chain business based in downtown and to ceases operations was a Goodyear located at Eighth Avenue South and McGavock St.

Next door, local investor Rusty Dunn owns a sliver-like property located at 1223 Broadway. He most recently was listing that property for sale for $3.2 million after previously listing it for $2.6 million. Dunn bought the 1223 Broadway parcel from Hippodrome Realty Inc. for $575,000 in July 2012.



GBT developed the Hillsboro Village sites home to mixed-use building Village 21 at Regions Park and residential building Belcourt Park at 18th and Wedgewood avenues. The company also is planning 14-story building to accommodate a hotel, residences and retail near the intersection of West End Avenue and Murphy Road (read here).









