Signs of Growth Hotter Than a Plate of Chicken from Prince's
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Looking around Nashville, one neighborhood after another has become the site for a major development. Be it office space or residential space, the city is seeing energy everywhere you turn.?Earlier this year, another one of those development plans surfaced.
A 1.45-acre property planned for residential development at 407 West Trinity Lane, just off Whites Creek Pike on the north end of Cumberland Heights, recently sold for $3.3 million. The sellers had bought the land in December 2014 for $115,500 after the property had initially sold for just $10,000 in 1995, an indication of the property's and the city's growth in value over time.??
The site at 407 West Trinity Lane is hardly the only development project planned for this area, however. A plot of land at 1203 West Trinity Lane was listed for sale at $7.5 million after selling for $1.8 million less than two years ago. In between those two, a property at 819 West Trinity Lane is planned to see construction of 325 apartments. Not too far away, a 65-acre property has been considered for a $2.5 billion mixed-use project that, if executed, would include areas used for office, residential, retail and green space.
The surge in real estate development is indicative of Nashville's attractiveness for new residents, and that appeal is about jobs.?A recent report by the Wall Street Journal named Nashville the hottest job market in the nation, followed by Austin and Jacksonville.
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"Nashville has benefited from Americans’ desire to move to cities in the South and the resurgence in tourism in recent years," the report said.
North Nashville will also soon be home to a new location of Prince’s Hot Chicken, which many Nashville residents consider a staple of the area's food and beverage market. Set for construction just three blocks east of the Tennessee State University campus, the restaurant will effectively replace the site that opened in 1989 on Ewing Drive but closed in mid-2019 after a car crashed into the building.
But that closure?nearly four years ago didn’t eliminate Prince’s entirely; rather, the closure simply increased the demand. Since that incident, Prince’s has been available at multiple points throughout the city: near the intersection of Old Hickory Boulevard and Nolensville Pike, as well as at downtown’s Fifth + Broadway and at a food truck stationed at Yee-Haw Brewing company in SoBro.
So get ready to embrace the excitement surrounding the growth once the Stars have arrived in Nashville and we're cheering them on during a warm summer evening. Residential complexes coming to fruition, job opportunities surfacing across numerous industries, the skyline featuring plenty of new additions. All this and much more that we'll be able to appreciate as we indulge in a piece of juicy hot chicken from Prince's.
“We foolishly believe that our own limitations are the proper measure of limitations” Napoleon Hill
1 年Now that is hot even if it is mild!