| |
Posted Jul 29, 2014, 12:02 AM
|
 |
Registered User
|
|
Join Date: Jun 2013
Location: Nashville, Tn
Posts: 479
|
|
The proposed courthouse design isn't the greatest or anything, but it's much better than what's there now. I assume the reason for it being bland and uninspiring is because it was probably designed to fit in with the surrounding buildings, sooo.......yeah....you get what I'm saying. I do hope funding goes through for this though so it can get going once and for all. What I want to know is, how in the hell is the price tag for this 7 story building $182M dollars??? What's it made out of granite and gold?... 
In other news...AT&T announced today that it was bringing it's ultra-fast internet service called 'Gigapower' here. Nashville will be the second city to receive this service after it was recently launched in Austin,TX. This news comes on the heels of Google Fiber announcing it selected Nashville to be on it's short list of candidates to possibly receive it's own version of super-speed internet service called 'Google Fiber'. Google is expected to make the decision on which city they choose later this year. This is definitely a pretty huge score for Nashville.
AT&T beats Google to the punch, will bring super-fast Internet service to Nashville
http://www.bizjournals.com/nashville...-gigaower.html
Quote:
AT&T U-verse with GigaPower, the telecom company's gigabit competitor to Google Fiber, is officially coming to Nashville.
Using an all-fiber network, AT&T's GigaPower service will offer download broadband speeds of up to one gigabit per second (or 1,000 megabits per second) and the network's "most advanced TV services to consumers," according to a news release. One gigabit per second is about 100 times faster than the average American Internet speed.
More information on availability, pricing and timing for the Nashville market will be announced at a later date, according to the news release.
|
Quote:
The announcement comes less than four months after Nashville was included on a list of 100 candidate cities and municipalities for AT&T's gigabit network. Today's announcement only relates to Nashville and not any other Tennessee cities or municipalities, AT&T spokeswoman Cathy Lewandowski said, though other candidite areas in the state have not been ruled out.
"We are very pleased that AT&T has selected Nashville for its ultra-high speed fiber network,” Mayor Karl Dean said in the release.
“This kind of technology is important to keep our city vibrant and attractive, and it is further proof of how Nashville is positioned as a city of the future. We look forward to working with AT&T as they bring this exciting new service to our residents.”
AT&T already offers GigaPower service in Austin, Texas, which is also slated to be one of the earliest recipients of Google's gigabit product, Google Fiber. Dallas-based AT&T also recently announced plans to roll out in Dallas, Fort Worth and surrounding cities, and agreements have been reached in Raleigh-Durham and Winston-Salem, according to the release.
|
Nashville economy advancing at a 'rapid pace,' PNC report says
http://www.bizjournals.com/nashville...-pace-pnc.html
Quote:
A recent report from PNC Bank says the Nashville “economy is advancing at a rapid pace.” PNC also writes that “a diverse industrial structure, strong population growth, low business costs and high educational attainment elevate Nashville’s growth potential above the U.S.’s.”
In its report, PNC tracked several economic metrics, from population growth, housing prices, and employment numbers. Here’s a quick breakdown of their assessment of Nashville.
|
Quote:
Nashville’s rate of job growth was 1.5 percentage points faster than the U.S. job growth rate in 2013 (3.2 percent in Nashville compared to 1.7 percent employment growth nationwide). More importantly, according to PNC’s report, payroll jobs in Nashville were up nearly 8 percent from their early 2008 peak (meaning Nashville recovered from the recession much faster than the nation at large). PNC anticipates employment growth to continue, forecasting a 2.6 percent increase in employment in 2014 and 2.2 percent the following year.
“Recovery has been broad-based with professional services providing much of the boost to the area’s job market,” writes PNC, noting “healthy gains” in health care and transportation. The report also points out “local manufacturing is benefiting from steady increases in auto sales nationwide.”
|
Quote:
While Nashville’s median income and cost of living are close to the national average, PNC forecasts that “rising employment in high-wage professional services, education and health care will enable personal income growth in Nashville to outpace the U.S. over the next couple of years.”
One other driving factor for Nashville: an influx of new residents and population growth which "routinely outperforms both U.S. and Southern averages," writes PNC. Those demographic changes "will be a significant driver of construction, retail and health care."
The city is “well-positioned to maintain” economic growth above the national average for the remainder of 2014 and in 2015, according to the report. PNC cites “strong gains in professional services, consumer industries, education and health care.”
|
Renaissance office space sold
http://www.bizjournals.com/nashville...pace-sold.html
Quote:
Nashville-based Elmington Capital Group has completed its purchase of 100,000 square feet of office space atop downtown's Renaissance Hotel.
Elmington bought the space from Rodgers Welch Venture Inc. for $10.15 million in a deal that closed Friday afternoon.
The office space covers six floors (floors 26-31).
"We look forward to having a stake in a building that helps make up the Nashville skyline," said Ryan Seibels, a vice president with Elmington. "As much as anything, this reflects our conviction in Nashville. You can see a lot of energy and money being pumped into the Nashville economy."
|
Developer planning 1,000 homes in Hendersonville
http://www.tennessean.com/story/mone...ille/13294023/
Quote:
Construction should begin by early November on Durham Farms, a mixed-used community of more than 1,000 single-family residences and townhomes planned for Hendersonville.
"It's going to be a master-planned traditional neighborhood design that incorporates a town center and a walkable community," said Bill Charles, a local development manager working with Boston-based property owner Freehold Capital Management.
Last fall, real estate investment and development firm Freehold bought the 472 acres on Drakes Creek Road one mile north of the Indian Lake Village shopping center. The seller was Durham Farms LLC, a now-defunct entity former business partners Scott Sohr and H. Preston Ingram had formed to develop the property.
|
Quote:
Strong employment growth in Sumner County, including the relocation of firearms maker Beretta USA to Gallatin, is driving demand for more housing, said David McGowan, president of Regent Homes, which hopes to be one of the homebuilders at Durham Farms.
Durham Farms is one of several new residential projects underway or coming to Hendersonville. Among others, Gallatin-based Goodall Homes plans within the next month to start building homes at Millstone, a new subdivision off Saundersville Road approved for 614 homes with commercial buildings planned on an additional 16 acres.
|
|
|
|
Prev
Linear Mode
