The new owner of  RCA Studio A, Aubrey Preston, isn't wasting any time in making plans for the historic property. Preston, who purchased the studio just in time to save it from demolition, says has has a three-part plan for the legendary studio.

According to Nashville's Tennessean, Preston will first put the property in a "safe harbor," after his non-profit, AMT Trust, officially closes on the sale on Dec. 31.

Next, he plans to thoroughly investigate the history of the studio for a potential preservation plan, including possible protective zoning, which would safeguard the building from any future demolition plans.

"It's key we do an inventory of the stories and history and then from that, build a preservation plan," he says.

And lastly, the Leipers Fork, Tenn., resident hopes to find another buyer, which could be either a non-profit or for-profit company. Regardless of who that future buyer might be, Preston insists his only goal is to keep the history of RCA Studio A intact.

"Listen, I'm a preservationist," he says. "I don't want us to talk with like-minded people and go into our corner and cast doubt on developers. I view developers as part of the solution to these questions of Music Row and culturally significant music buildings."

The philanthropist has already reached out to the state of Tennessee's historian, Carroll Van West, to help uncover stories and enhance the legacy of the building.

"My technique is not just to find out facts and stories but to put those in different perspectives and context so you can really see the different layers of significance of a building," Van West explains. "When I look at the building, it's not just the studio and the magic that happened there. That's a big part of it, but there's also the office and the creative types who were there from day one."

RCA Studio A was set for demolition, to be replaced with luxury condominiums and a restaurant, after Bravo Development purchased the property. The studio, where dozens of artists -- from Willie Nelson and Vince Gill to Lady Antebellum and Kacey Musgraves, among others -- have recorded, is considered by many to be the heart and soul of Nashville's famed Music Row.

When the plans for demolition were announced, the reaction was swift and loud from many supporters of the building, including Ben Folds, Jamey Johnson and songwriter Trey Bruce. Thankfully, their voices were heard.

To celebrate the preservation of historic RCA Studio A, Preston is planning a party on March 29, which happens to be the building's 50th anniversary.

"We've got a window between the time we close and the actual 50th anniversary," he says, "where we can plan [to] basically push the reset button to recast the vision for the next 50 years."