If you’ve spent any amount of time in downtown Nashville, chances are good that your path has crossed a busy construction site. While the noise, traffic and delays from these major jobs can be understandably frustrating, it’s important to remember what the cones and cranes that we see everyday symbolize—jobs, economic growth and a stronger Nashville.
This year, the greater Nashville area was ranked as the strongest metropolitan area economy in the U.S. in POLICOM’s annual community "economic strength" rankings. In a recent Engineering News-Record article, Tennessee State Data Center Director Tim Kuhn highlighted the recent population boom in Tennessee. “Nearly two-thirds of the state’s population increase is driven by residents moving from other states, including almost 40,000 people who moved to Tennessee from surrounding states in the past year,” said Kuhn. “Tennessee has a strong economy and a favorable climate. We expect the growth to continue.”
We’re already seeing the economic boost from recent major construction projects, including Music City Center, First Tennessee Park, the State of Tennessee Museum and numerous hotel projects in downtown—all totaling over $1 billion in project value. Some of the current projects underway include expansion of the First Baptist Church, development at Nashville Yards and multi use projects at Fifth + Broadway, as well as 222 Second Ave, which will be home to new jobs and revenue.
Read more at The Tennessean...
Associated Builders and Contractors of Greater Tennessee