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What Nashville’s top ‘Emerging Trends’ ranking means for the city’s growth | Opinion

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What Nashville’s top ‘Emerging Trends’ ranking means for the city’s growth | Opinion



People want to move to Nashville and Middle Tennessee, and the region continues to experience rapid growth. But challenges remain, along with the opportunity to shape its development.

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  • Nashville ranked sixth in the nation among “markets to watch” in the latest Emerging Trends in Real Estate® report.
  • A welcoming regulatory environment, trained workforce, and strong domestic migration contribute to Nashville’s high ranking.
  • Continued growth creates jobs and funds public services, but also requires addressing housing and infrastructure needs.

The Urban Land Institute and PwC recently released the 47th annual Emerging Trends in Real Estate® report and for the eleventh year, Nashville made the top ten “markets to watch” this year at number six.  

Nashvillians don’t need a report to alert them that Nashville and Middle Tennessee continue to grow and develop at an astonishing rate, for an incredibly long run. We see the cranes, carefully make our way through construction zones, meet new neighbors and co-workers, and marvel (and sometimes mutter) at new offices, residential developments, hotels, retail and restaurants. 

The challenges that come with Nashville’s continued growth 

So, what does the Emerging Trends Report tell us? 

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First, while Nashville’s growth may appear to be going like gangbusters, there is significant uncertainty facing those who invest in development, as well as the architects, engineers, developers, construction workers, and many others involved in creating new development. The report notes several issues. All of which are present in Nashville, including the following: 

  • Economic and financial issues, such as interest rates and the cost of capital, concerns about job and income growth, and, of course, inflation. 
  • Issues specific to development, including the cost and availability of labor; federal, state and local regulations and where they conflict; and increasing operating costs driven by tariffs and inflation. 
  • Finally, social and political issues impacting development include immigration policy, which affects both the workforce and demand for new development; the cost and availability of housing; and the divide between political parties. 

What Nashville and Middle Tennessee have going for them

Second, the report highlights why Nashville again made the top ten — what trends, decisions and investments we have going for us. As the report notes, demand for new homes, offices, industrial and retail spaces is driven by demographics, immigration and domestic migration.  

The Sun Belt, and Nashville in particular, continues to be welcoming for jobs and residents. While many Sun Belt cities have seen their 2021-2022 migration slow significantly, Nashville and Middle Tennessee continue to experience strong domestic migration.   

Why?  

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Nashville and Middle Tennessee are known for having both a moderate climate and a welcoming regulatory and tax environment. We boast access to the Southeast and the country. We have a trained workforce and a number of colleges and universities educating the next generation. We’re also known for valuing creativity and being welcoming. For all these reasons and more, we continue to draw new residents, which drives growth. 

We know, then, that Nashville and Middle Tennessee continuously rank highly for both investment and development, and we have some ideas on why.  

The connection between growth and quality of life 

But what does this mean for our city? 

Investment, development and growth impact all Nashvillians and Middle Tennesseans. On a very basic level, these are jobs. Jobs in investing, building, using and re-using buildings. Each of these jobs pays our neighbors, who invest their wages back into Nashville through restaurants, stores, services and other local businesses, creating even more jobs.  

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Growth leads to quality of life, but not only in a physical way. 

Do you like the building? Does it feel welcoming? Does it add to the neighborhood?  

But growth also improves quality of life as it circulates wages, creates demand for new jobs, and adds to the city’s coffers to buy services such as parks, libraries, fire stations and police departments that we value. 

Meanwhile, how we undertake investment, development and growth also impacts each of us. Our city has had recent, sometimes tough, conversations on investing in transportation and transit. We’ve discussed whether to allow new types of housing to address our housing shortage. We’ve considered how to invest in aging infrastructure as we serve current residents and accommodate new residents and businesses.  

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What Nashville’s ranking really means and the work ahead 

As the executive director of ULI Nashville, representing our 1,100+ members in all disciplines related to land use and development, I am thrilled that Nashville once again made the top ten “markets to watch” across the US in the Emerging Trends in Real Estate®. I’m happy about what it signals for our members, especially in a moment like 2025, when there is a lot of uncertainty.  

But I am more focused on what the ranking means — what Nashville’s strength means — for how ULI Nashville, our partners and Nashvillians can work together to harness and shape growth in our city.   

A high ranking feels validating, but we all know that maintaining this pace of growth — while trying to preserve our welcoming culture, watch out for our neighbors and consider what changes are coming and how we can prepare — is a challenge.  

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ULI Nashville and its members are here to be partner. We want to connect, inspire and lead. We are bringing our perspective to the tough conversations about how we grow and strengthen Nashville. The Emerging Trends in Real Estate® report is just the beginning. The real work is in conversations on mobility, housing, infrastructure and creating places Nashvillians deserve. 

Jennifer Carlat is the executive director of ULI Nashville, A trusted convener, collaborator communicator and educator of best practices on all aspects of city building. 



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Tennessee lawmakers discuss priorities for upcoming session

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Tennessee lawmakers discuss priorities for upcoming session


KNOXVILLE, Tenn. (WVLT) – Tennessee lawmakers are preparing to discuss hundreds of bills as the state legislature convenes, with mental health funding emerging as a priority for two lawmakers.

State Rep. Sam McKenzie, D-Knoxville, and state Sen. Becky Massey, R-Knox County, said mental health care funding will be a focus of upcoming legislative conversations.

“It’s been a big topic,” McKenzie said.

“That’s going to be very top of my mind as far as working and advocating for that,” Massey said.

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Massey, who chairs the Transportation Committee, said the state needs more money for road expansion. She expressed concerns about insufficient funding for billion of dollars worth of road projects.

“People are paying less to drive on our roads and the cost of building roads are going up. So your gas tax is going down, the cost of building roads is going up,” Massey said.

McKenzie stressed the need for more public education funding following the first year of families using state dollars for private school through the voucher program.

“In Knox County, our numbers are up. Actually, in Memphis, their numbers are up, so I think some of the changes we’ve made in regard to public education and putting a few more dollars in, I think we can continue that process,” McKenzie said.

State House Speaker Cameron Sexton has said he wants to at least double the voucher program to offer it to 40,000 to 50,000 families. Both Massey and McKenzie expressed skepticism about the expansion.

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“This isn’t about those kids in failing schools, this is about their friends, the rich or almost rich, that are just wanting a check from the government,” McKenzie said.

Massey cited revenue concerns about the expansion.

“I’m not getting the vibes that there is going to be enough revenue to do that because we’ve got other funding needs also,” Massey said.

Massey added the state could expand the program this year, but perhaps to 5,000 more families.

The General Assembly will reconvene next Tuesday.

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Deputies perform ‘life-saving measures’ after 5-year-old falls into swimming pool in Tennessee

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Deputies perform ‘life-saving measures’ after 5-year-old falls into swimming pool in Tennessee


FAYETTEVILLE, Tenn. (WSMV) – A Tennessee sheriff’s office is asking the community to pray for a family whose 5-year-old was hospitalized after falling into a swimming pool.

The Lincoln County Sheriff’s Office said deputies and family members were “administering life-saving measures” Thursday afternoon after pulling the child out of the water.

The child was then transferred to a hospital, where they are still being treated.

“The child was subsequently transported to the hospital, where they are currently receiving medical care‚” said a Facebook post from the sheriff’s office. “Out of respect for the family’s privacy, no further details will be released at this time.”

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Why first quarter was ‘crucial’ in Mississippi State’s loss to Tennessee

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Why first quarter was ‘crucial’ in Mississippi State’s loss to Tennessee


Sam Purcell felt good about the game plan for Mississippi State women’s basketball’s matchup with Tennessee.

But the Bulldogs gave up 26 points in the first quarter and trailed by seven points. It was a deficit they never recovered from in a 90-80 loss to the Lady Vols at Humphrey Coliseum on Jan. 8.

“You look at that that first quarter, I thought it was crucial. We had a great scout, a great game plan, but we didn’t talk on ball screens,” Purcell said. “Their largest quarter was that first quarter, and we’re going to watch back and go, dang it, we need to be more vocal. And you got to give them credit – top to bottom, they’re probably as good as anybody in the country with athleticism. So you can’t let those athletic kids turn the corner for wide open layups, and we did.”

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Kharyssa Richardson and Madison Francis led the Bulldogs with 22 points each, but MSU didn’t have enough defense to pull off the upset.

Had Mississippi State been able to slow down Tennessee’s drivers in the first quarter, it may have been a different result. But once the Bulldogs started slowing that down, the Lady Vols were “phenomenal hitting some big-time shots,” Purcell said.

Tennessee only had the edge in points in the paint, 42-40, but it also went 10-for-27 on 3-pointers, which was an area Mississippi State couldn’t match. The Bulldogs shot 2-for-13 from deep.

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MSU also couldn’t stop Tennessee freshman point guard Mia Pauldo, who scored a game-high 26 points on 8-for-12 shooting. The Bulldogs sent her to the foul line time and time again, and she went 8-for-9 on free throws.

“I thought (Pauldo) was poised, she was clutch,” Purcell said. “Obviously, that’s what you need in games like this that are gonna come down the to the wire. You need players to step up, and I thought she was the X factor for them.”



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