Exit/In is a Nashville staple and after a year of a lot of unknowns to its fate, it is now a historic landmark after being bought by a development firm.
This will make redevelopment of the venue more difficult. Any modifications have to adhere to national guidelines now.
Longtime operators of the Exit/In, Chris and Telisha Cobb attempted to raise enough money to outbuy the development firm. The Cobbs raised more than $200,000 through a GoFundMe site, but AJ Capital closed on the property for $6.45 million.
Ben Weprin, AJ Capitol's founder, had said last year that they had no intentions of changing the building and that making it a historic landmark was always part of the plan.
"Those conversations are also driving our first action as owners: to add the EXIT/IN to the National Register of Historic Places, so that nobody can ever alter or change the space, as it belongs to Music City," said Weprin.
The 50-year-old music venue is known to cater to the rock scene and has history of performances by icons like Billy Joel, The Ramones, B.B King and Jimmy Buffett.