Wednesday, March 5, 2008

Time to invest in downtown Nashville?

Bert Matthews came and spoke to University School of Nashville's two econ classes on the prospects for growth in downtown Nashville. Bert is bullish ( slides)

Within ten minutes of downtown(yellow), there are 221,000 residents, with a median age and income of 34 and $57,000; within 20 minutes (orange) there are 324,000 residents with a median age and income of 37 and $79,000; 30 minutes (blue), there are 297,000 residents with a median age and income of 37 and $97,000.

The number of downtown residents is miniscule relative to comparable cities:


Residents

Units

Nashville

3,219

2,146

Memphis

28,526

12,966

St. Louis

16,707

8,205

Indianapolis

23,250

15,500

Charlotte

18,828

7,546


Downtown apartment building has grown rapidly,
...and the new convention center should accelerate it.

1 comment:

  1. For me, I like investment where I feel comfortable and, I believe it is highly risky to make investment here, so that’s why we need to be very careful with everything. I trade with OctaFX broker and investment with them is highly beneficial for me with 50% added layer of bonus, it is not show piece, but a master piece since we can use it the way we wish without any interference or restrictions, so that makes me perform well.

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