CLARKSVILLE, TN (WSMV) - Montgomery County commissioners approved on Tuesday a new multi-purpose event center that has the potential to transform downtown.

Commissioners approved the $130 million arena, which will be between First and Second streets and College and Main streets.

The 8,000-seat arena will host Austin Peay games and will be a concert venue as well, giving people like Rosalee Powell a reason to come downtown.

“I’m tired of going to Nashville. I’m a rock fan and I go to Nashville all the time for live concerts, said Powell. “This will be a great addition to the Clarksville music scene.”

There will be another $50 million from private investors will be used to renovate the nearby Riverview Inn with restaurants and shopping.

The company that manages Bridgestone Arena will manage the arena complex. is now with you on the go! Get the latest news updates and video, 4WARN weather forecast, weather radar, special investigative reports, sports headlines and much more from News4 Nashville.

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Alan Frio is the anchor of News4's evening newscasts on Saturdays and Sundays.

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