5 Things To Know Now About Nashville

Nashville has one of the most robust economies in the country. Just how robust? For our inaugural newsletter, we've found five facts about the city that make it not only a great economy, but a great place for commercial real estate.

1. Nashville's creative

Nashville's a 2.15 on the creative vitality index, a system developed by the Western States Arts Foundation. That's fourth overall nationwide, and considerably higher than a city we're often compared with, creatively speaking: Austin, which scored 1.23. Nashville "is exemplary as a cultural hub in several ways," notes the foundation. [NBJ]

2. Nashville's a great place to live

US News & World Report ranks Nashville the No. 22 best place to live, based on quality of life and the job market in each city, as well as the value of living there and people's desire to live in a particular place. Nashville got an overall score of 6.8 out of 10, just below Dallas and just above San Antonio. [USN]

3. Wages are going up rapidly

According to the latest data from the BLS, wages in Davidson County rose 5.5% year-over-year, putting it in the top 10 counties nationwide for pay increases. Pay in Williamson County rose 5.2%, and Williamson led the country in job growth, with employment rising 6.5%. [WSJ]

4. Manufacturing has boomed

Forbes put Nashville as one of the country's 10 new manufacturing boomtowns—No. 4, in fact, with 8.9% of the jobs in Nashville-Davidson-Murfreesboro-Franklin in that sector. Nashville's manufacturing sector has grown 23.9% from 2009 to '14. [Forbes]

5. The beer's good!

Last but hardly least, Fortune magazine puts Music City on its list of 10 under-the-radar cities for beer lovers, poised to "explode among craft beer fans. Fat Bottom Brewery is expanding at a rapid pace... And other breweries, like Little Harpeth (specializing in lagers) and Black Abbey (which focuses more on Belgian beers), are gaining regional followings." [Fortune]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Nashville Newsletters
Related Stories

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Former CBRE Exec Suing Brokerage Giant Over Age Discrimination, Whistleblower Complaint

D.C. Investor Behind The Stacks Swaps CEO For First Time In 25 Years

CBRE IM Buys Net Lease REIT For $1.6B, Plans More Investment

The Difference Between Service And Hospitality That Makes A Flexible Workspace A Success

Beyond The Boom: How Miami's CRE Market Continues To Be Resilient

Sixers And Flyers Unveil Renderings Of South Philly Arena Due In 2030

The Opportunities, Limitations And Benefits Of Reserved Investor Funds

After 5 Years Of Gains, Commercial Real Estate's C-Suites Just Got Less Diverse

£1B Property Group To Buy Huge Chunk Of Collapsed NCP Car Park Empire