Nashville Bits and Pieces

[Luvemtall]

Smeags, that’s showing our age!! 

[markhollin]

As mentioned in the Inner Loop thread last Friday, City Winery has sold its 1.4 acre site off Lafayette St. for $21 million.  They negotiated a 3.5 year lease on their current music venue until needing to move., at which point they will do so somewhere outside of downtown. 

“We wanted a little bit of cushion to find the right place. I didn't want to rush into the decision, and it gave them enough time as well because development, zoning and all the work that comes with trying to build something tall in Nashville requires time,” Michael Dorf, CEO of City Winery, said.

City Winery Nashville, which opened its doors in 2014, has started the search for a new location but has not narrowed in on a specific neighborhood. Dorf is open to buying property or leasing space, but the main priority for the search is parking; Dorf is looking for a property that provides at least 200 parking spots.

“We have a lot of flexibility as to where we go. We don't need to be right in the center of town. We don’t need to be in a walking part of town, which there are very few of those neighborhoods,” Dorf said. "East Nashville continues to be cool. … Williamsburg County and out toward Belle Meade, there's a lot of our constituents there as well. We have people from all over, so what’s a convenient drive puts us in a lot of a lot of spots within a couple miles of where we are."

More at NBJ here:

https://www.bizjournals.com/nashville/news/2023/12/18/city-winery-nashville-to-relocate.html

[smeagolsfree]

17 hours ago, Luvemtall said:

Smeags, that’s showing our age!! 

Yep, springing up like Hydras teeth.

[Baronakim]

5 hours ago, smeagolsfree said:

Yep, springing up like Hydras teeth.

You seem to have confused Greek legends.  You sow hydra's HEADS for new heads.  You sow Cadmus seeds (the teeth of a dragon) to grow an army of warriors. 

 

5 hours ago, smeagolsfree said:

Yep, springing up like Hydras teeth.

You seem to have confused Greek legends.  You sow hydra's HEADS for new heads.  You sow Cadmus seeds (the teeth of a dragon) to grow an army of warriors. 

 

[UTgrad09]

1 hour ago, Baronakim said:

You seem to have confused Greek legends.  You sow hydra's HEADS for new heads.  You sow Cadmus seeds (the teeth of a dragon) to grow an army of warriors. 

 

You seem to have confused Greek legends.  You sow hydra's HEADS for new heads.  You sow Cadmus seeds (the teeth of a dragon) to grow an army of warriors. 

 

It must be easy to remember Greek mythology if you lived through it. 

[KJHburg]

Where Tennessee lies in population growth in 2023 according to the US Census

U.S. Population Trends Return to Pre-Pandemic Norms (census.gov)

# 6 in numerical population growth + 77,000

#8 in growth by percentage

 

Edited December 21, 2023 by KJHburg

[MontanaGuy]

13 hours ago, KJHburg said:

Where Tennessee lines in population growth in 2023 according to the US Census

Thanks, I subscribed to that link, that's interesting information! 

[Mr_Bond]

On 12/13/2023 at 10:01 AM, Baronakim said:

I see a lot about the present number of residents in the Core on various posts but numbers seem smaller than I expected.  Perhaps I am seeing  a mix of obsolete figures.  From looking at the enormity of so many new residential towers, what is the estimation for projected number of downton residents over the next years of this decade?  I am seeing what must be thousands of new units just in the Gulch going up besides a massive hotel room increase.

The Nashville Downtown Partnership does an annual residential survey and now does a midyear update.  You can go their their website and click on Resources / Reports & Publications.  Here is the link to the 2023 midyear residential report.  Nashville has 17,000 downtown residents now.  If all planned projects deliver, that number could rise to 40,000 by 2030.  

https://ctycms.com/tn-nashville/docs/2023-midyear-residential-report.pdf

[nashville born]

On 12/19/2023 at 4:22 PM, UTgrad09 said:

It must be easy to remember Greek mythology if you lived through it. 

This is the funniest thing I've read in a long time!  I love this community!

[smeagolsfree]

The State needs to pass legislation that is relevant to the voters of Tennessee and not a tit for tat issue. It just goes to show how poor our leadership is in the state is right now. If it were the Dems, I would be saying the same thing. This type of legislation is waste of time and taxpayer dollars. I really hope they appeal and lose again to show how stupid they really are. It would be the same situation if the feds came in and did the same thing to them. They would not like it one bit, but it is fine for them to go and do it to some other entity.

Again, I am neither on the left nor the right. I find myself pretty much in the middle of all the politics as I dislike both parties equally. So do not take my view on this as a view for either political party.

Three-panel judge sides with Metro in lawsuit against Tennessee - Nashville Business Journal (bizjournals.com)

 

Court sides with Nashville in sports authority battle | Courts | nashvillepost.com

The injunction marks yet another court victory for Nashville against attempts at state overreach this year. Nashville has scored injunctions against state attempts to land a NASCAR deal, usurp city control over the Nashville airport and now vacate and reconstitute the city’s sports authority. The Metro Sports Authority is the city’s go-between for professional teams like the Titans, Nashville SC and the Nashville Predators, and their facilities, like Bridgestone Arena and Nissan Stadium.

“Four different three-judge panels — with judges from across Tennessee — have all ruled unanimously that the legislature violated the Tennessee Constitution four different times when it passed legislation that targeted only Metropolitan Nashville,” said Metro legal director Wally Dietz in a statement. “We do not enjoy suing the State. But we remain ready to protect the rights of Metropolitan Nashville and the people who live here in the hope that 2024 results in an improved relationship between the State and Metro Nashville.”

[nashvillain_too]

14 minutes ago, smeagolsfree said:

The State needs to pass legislation that is relevant to the voters of Tennessee and not a tit for tat issue. It just goes to show how poor our leadership is in the state is right now. If it were the Dems, I would be saying the same thing. This type of legislation is waste of time and taxpayer dollars. I really hope they appeal and lose again to show how stupid they really are. It would be the same situation if the feds came in and did the same thing to them. They would not like it one bit, but it is fine for them to go and do it to some other entity.

Again, I am neither on the left nor the right. I find myself pretty much in the middle of all the politics as I dislike both parties equally. So do not take my view on this as a view for either political party.

Three-panel judge sides with Metro in lawsuit against Tennessee - Nashville Business Journal (bizjournals.com)

 

Court sides with Nashville in sports authority battle | Courts | nashvillepost.com

The injunction marks yet another court victory for Nashville against attempts at state overreach this year. Nashville has scored injunctions against state attempts to land a NASCAR deal, usurp city control over the Nashville airport and now vacate and reconstitute the city’s sports authority. The Metro Sports Authority is the city’s go-between for professional teams like the Titans, Nashville SC and the Nashville Predators, and their facilities, like Bridgestone Arena and Nissan Stadium.

“Four different three-judge panels — with judges from across Tennessee — have all ruled unanimously that the legislature violated the Tennessee Constitution four different times when it passed legislation that targeted only Metropolitan Nashville,” said Metro legal director Wally Dietz in a statement. “We do not enjoy suing the State. But we remain ready to protect the rights of Metropolitan Nashville and the people who live here in the hope that 2024 results in an improved relationship between the State and Metro Nashville.”

Nashville, the 51st state

[AsianintheNations]

On 12/21/2023 at 9:32 AM, Mr_Bond said:

The Nashville Downtown Partnership does an annual residential survey and now does a midyear update.  You can go their their website and click on Resources / Reports & Publications.  Here is the link to the 2023 midyear residential report.  Nashville has 17,000 downtown residents now.  If all planned projects deliver, that number could rise to 40,000 by 2030.  

I looked at the 2022 ACS census estimates for downtown (tracts 194.01 + 195.02 + 195.03, which includes an extra 0.3 square miles to the north west but otherwise same borders as that report), and those numbers total to only 10,352, which seems like a huge discrepancy from 17,000. Any idea what is causing this gap? I know the estimates are, well, estimates, but they're usually not that far off. Is the report potentially counting people who have a second home downtown or who live there part of the year?

[markhollin]

A Merry Christmas to all fellow Nashville U.P.'ers!  : )

[CenterHill]

Thanks, Mark.  Merry Christmas to you, too, and fellow UP’ers!!  

[jmtunafish]

Posted at city-data:  the latest figures from the Bureau of Economic Analysis (Commerce Department) for state GDP numbers.  What was surprising to me is that Tennessee has the 2nd highest per capita GDP in the Southeast, after Virginia.   I imagine Nashville's tremendous wealth and booming economy are what's lifting the rest of the state.

https://www.city-data.com/forum/general-u-s/3451600-u-s-states-q3-2023-gdp.html

Southeast Region: $6,066.132b / 87,677,050 = $69,187

• Alabama: $302.289b / 5,108,468 = $59,174
• Arkansas: $176.878b / 3,067,732 = $57,658
• Florida: $1,595.347b / 22,610,726 = $70,557
• Georgia: $811.294b / 11,029,227 = $73,559
• Kentucky: $280.449b / 4,526,154 = $61,962
• Louisiana: $313.334b / 4,573,749 = $68,507
• Mississippi: $146.725b / 2,939,690 = $49,912 [now the sole last state under $50k]
• North Carolina: $773.365b / 10,835,491 = $71,373
• South Carolina: $325.373b / 5,373,555 = $60,551
• Tennessee: $527.938b / 7,126,489 = $74,081
• Virginia: $712.900b / 8,715,698 = $81,795 
• West Virginia: $100.240b / 1,770,071 = $56,630

[TNinVB]

Wasn’t sure where to put this. But OKC??             https://www.archpaper.com/2023/12/supertall-ao-oklahoma-city-countrys-second-tallest-building/?

[BnaBreaker]

26 minutes ago, TNinVB said:

Wasn’t sure where to put this. But OKC??             https://www.archpaper.com/2023/12/supertall-ao-oklahoma-city-countrys-second-tallest-building/?

Purely a fantasy project.  Not even worse discussing, IMO.   Oklahoma City is stagnant economically too, so even if it were a serious proposal there wouldn't be any demand for it.

[MLBrumby]

Record 215K attended the NYE bash last night...  https://fox17.com/news/local/215000-attend-2023-jack-daniels-new-years-eve-live-nashvilles-big-bash#  

[smeagolsfree]

On 12/31/2023 at 10:14 PM, BnaBreaker said:

Purely a fantasy project.  Not even worse discussing, IMO.   Oklahoma City is stagnant economically too, so even if it were a serious proposal there wouldn't be any demand for it.

I posted this on another thread in another place it came up.

I think the key word says it all....DREAM. To get a building that tall built in NYC much less OKC is a daunting task and to fill it would be a much more daunting one.

Besides, beware of folks that only have linked in pages. They are a dime a dozen in Nashville. They come here trying to bilk folks out of money and garner attention and are so full of it. Alligator skin boots in a polo shirt.

I smell a rat. This guy's company has only done 5 million in revenue. Seen it before. Talks a big talk and gets the locals excited.

[markhollin]

According to CommercialEdge’s National Office Report, Nashville has nearly 3.15 million square feet of office space under construction or 5.4% of its current office inventory — a rate that’s higher than the national average of 1.5%.

Nashville also ranks high, second in the U.S. behind Austin, in the amount of office space in the planning phase.

Around 14% of Music City’s existing office inventory is currently being planned and could be hitting the market in the next few years, according to CommercialEdge.

Although developers are still keen on office space in Nashville, many companies are cutting back on space to adapt to hybrid working conditions and save on costs.

Nashville vacancy rates are trending to be the highest they’ve been in more than a decade. The market has seen a steady increase in empty office space since the pandemic — the office vacancy rate has nearly tripled over the past five years and currently stands at 20.8%, according to a market report from Jones Lang LaSalle, better known as JLL. The sheer amount of new office space that has come to the market has been a large factor in the steadily increasing vacancy rates.

The city has been one of the fastest-growing office employment markets in recent years, and at 2.5% growth between October 2022 through the same time last year, is among the top markets, according to CommercialEdge.

More at NBJ here:

https://www.bizjournals.com/nashville/news/2024/01/03/nashville-office-pipeline-fastest-growing-us.html

[MLBrumby]

I think this "how many people moving to Nashville (anywhere) per day" stuff is a bit silly, but it does point to something I think Tennessee in general (and Nashville more specifically) is woefully inept at doing: gauging growth and where it's happening most in the state (looking at you TDOT). Funny, but I'm inclined to trust the U-Haul figures more so than the state's, at least insofar as how the state ranks. I think it's MTSU (or UT) that compiles population estimates and they're basically annualizing the previous decade's rate forward. That's one reason they're consistently off.  State agenices really should get a consistent picture from the counties to get a better handle on population growth/changes. 

Trust me to say that Hamilton County has grown very fast in recent years, and we're not even the top 5 munis for growth in the state. I was in Knoxville yesterday, and that place is  reaching a choke point in many thoroughfares. I dread getting on I-40/75 now (with no bypass from I-75 straight down to I-75 where it splits from I-40. We also get a lot of commercial growth on the Georgia side of the border. I've learned from this board and lived long enough to know if it's real growth brought by new residents or just spurts of new commercial growth responding to changing demographics and technology. The former is happening here in a huge way, and it's even spread out. I haven't seen recent numbers, but fully expect Hamilton County to have grown by 15-20k since 2020 (5-7% in 4 years).

This piece also has a link to Tennessean photos of Nashville's skyline changing over the years. 

https://www.tennessean.com/story/money/2024/01/03/why-is-nashville-growing-so-fast-hint-its-not-california-love/72084943007/

[nashmoney]

Video of the NYE Music city note drop. 

This was nationally televised on CBS. Great exposure for the city. 

I still think downtown Broadway is a better place to have this event, since the city has to pay to resod the grass at bicentennial mall and there isn't much parking or food /drink options in the vicinity, but overall great turnout and great event. 

 

 

[BnaBreaker]

I've said it before, so I hope I don't sound like a broken record, but I really wish that at least on events that gain national attention such as this one the city would make a bit more of an effort to include and showcase some other genres of music as well.  I mean, obviously country music is Nashville's bread and butter, and that's great, and I have no problem with that.  But we all know that Nashville has a lot more to offer musically than just country and country adjacent genres, and we know that the city has made other efforts to tout the other genres the city has influenced (such as the development of NMAAM.)  But it seems like time and time again when presented with the opportunity to show the world that it has something to offer people who aren't necessarily big country music fans as well, it just falls right back to what it's most comfortable with, or at most, maybe they'll invite a Kid Rock or, a Lynyrd Skynyrd.  I mean look, I'm not saying it shouldn't still be mostly country music.  That is what most people probably attend and tune in for, after all.  I'm not saying Brazilian Samba and British Trip Hop should be getting equal billing as country or whatever.  But it seems like maybe, once in awhile, they could at least mix in the odd R&B act or something.  I don't know.  But anyway, I'm glad the city's New Year's event continues to be successful regardless.

Edited January 3 by BnaBreaker

[Luvemtall]

Same goes true with the onslaught of Honky Tonk’s , enough already! Let’s see something different, it’s so repetitive.

[markhollin]

Technology Lab will be investing $1.8 million to expand their HQ in the Cleveland Park neighborhood and hire 71 new employees as pat of the plan.  The company is a managed services provider for K-12 schools in Alabama, Florida, Georgia, Louisiana, Mississippi and Tennessee.  

More at NBJ here:

https://www.bizjournals.com/nashville/news/2024/01/04/technology-lab-investment-economic-development.html