Nashville Bits and Pieces

[markhollin]

A feature on the massive amounts of out-of-state money being poured into Nashville's booming development.  Of 61 projects filed with construction loans of $10+ million in Davidson County (totaling more than $3 billion), 70% is tied to out-of-town lenders.  This is nearly triple what it was just 2 years ago. 

Only four local lenders — Pinnacle Bank, FirstBank, Franklin Synergy Bank and Wilson Bank & Trust — have loans above $10 million, accounting for 14% of the Davidson County construction loans. 

Much more behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2019/06/28/our-skyline-their-cash-out-of-town-lenders.html?iana=hpmvp_nsh_news_headline

 

[Ingram]

9 hours ago, nashvillwill said:

Is this really even a big catch? They don’t have an assembly plant in North America. I’m pretty sure they don’t even build cars anymore. I think they just take models from other auto makers and re-badge them. I’m not sure that’s 100% accurate, but honestly, when is the last time you remember seeing a Mitsubishi on the road that turned your head?

When I first saw the headlines and the excitement over it, I assumed it was Mitsubishi Heavy Industries. Now that would have been a huge catch. Then I found out it was a nearly defunct auto “maker”, and I was severely disappointed. 

 

Edit: Just looked into this and apparently the Renault-Nissan-Mitsubishi alliance is one of the worlds larger automakers. So they are probably just trying to move closer to Nissan.

 

Yeah an automobile manufacturing making Nashville its North American headquarters and hiring people is disappointing and not a big catch. 

This forum is insane.

Edited June 28, 2019 by Ingram

[dmillsphoto]

2 hours ago, titanhog said:

But I think I read somewhere that Mitsubishi may be trying to kinda restart their auto division...as far as designing / building autos.  With the help of Nissan / Renault, maybe they'll become an up-and-coming rebrand?

Anecdotal, but I drove a new Outlander as a rental out in Cali a couple months ago. Never again. 

[Rockatansky]

11 hours ago, nashvillwill said:

when is the last time you remember seeing a Mitsubishi on the road that turned your head?

Any time I see an Evo. Don't think they make those anymore.

[satalac]

As far as companies go, landing a NA Headquarters of a multi-billion dollar company is still significant. Nissan level significant, no, but still a good sign for Nashville and the automotive industry in Tennessee.

[Hey_Hey]

Having them sure is a lot better than not having them.  With electrification and autonomy coming, the next 20 years will lead to a lot of upheaval in the auto industry. The more companies we have in the area means we will be more likely to have one of the winners moving forward. Of course, that upheaval could also mean Mitsubishi goes out of business in the US like Saab. 

Mitsubishi does seem to be increasing market share over the last few years, so that is a positive for them.  I would also think having the automotive NA HQ in Nashville would improve our chances of getting other Mitsubishi divisions to have a local presence moving forward. 

[markhollin]

Nice feature on how residential developments are popping-up along parts of the Metro Greenway system:

https://www.tennessean.com/story/money/homes/2019/06/28/residential-developments-gravitate-toward-greenways-parks/1565275001/

[markhollin]

Terry Clements of theNashville Convention and Visitors Corporation is retiring after 47 years there. He is credited with being a driving force behind the explosive growth Nashville tourism has experienced during his career.  Here's a nice interview with him as he looks back on the explosion of Music City's tourism over the years:

https://www.tennessean.com/story/life/shopping/ms-cheap/2019/06/27/nashville-tourism-growth-terry-clements-qa/1501535001/

 

[dragonfly]

Franklin Pike 1890's supposedly. Recall that there was a passenger rail line between Franklin and Nashville, now you see why.

 

Edited June 29, 2019 by dragonfly

[titanhog]

^^Funny how we consider Franklin, M'boro, etc as "suburbs" of Nashville.  Back then...those towns were like a whole other world away.

[Mr_Bond]

59 minutes ago, titanhog said:

^^Funny how we consider Franklin, M'boro, etc as "suburbs" of Nashville.  Back then...those towns were like a whole other world away.

This is why my answer to "What's the greatest invention ever?" is "the railroad."  Until the railroad, people still moved at the same pace as Julius Caesar.

[markhollin]

Looking back on 20 years of Dell Computer Corp. in Nashville, and how they paved the way for the city's exploding tech sector:

https://www.tennessean.com/story/money/2019/06/30/dell-nashville-tech-sector-jobs/1498729001/

[PaulChinetti]

https://www.sightline.org/2019/06/30/oregon-just-voted-to-legalize-duplexes-on-almost-every-city-lot/

I could see something like this  definitely inside the inner loop. And inside the 440 loop too. 

[Nash_12South]

38 minutes ago, PaulChinetti said:

https://www.sightline.org/2019/06/30/oregon-just-voted-to-legalize-duplexes-on-almost-every-city-lot/

I could see something like this  definitely inside the inner loop. And inside the 440 loop too. 

Great idea, but I don't see it happening for a long time here. 

[PaulChinetti]

3 minutes ago, Nash_12South said:

Great idea, but I don't see it happening for a long time here. 

Agreed. 

BUT, if who ever gets elected actually puts some work into selling this to the public, say the complete opposite to the transit plan, then it could happen. Developers would obviously be on board. 

You would have to deal with the angry crowd but they don't like what's happening now so they are going to complain.

 

"We all know trying to buy or rent in Nashville is too expensive. Want to fix this? Contact your council person and mayor and let them know you want to pass the Cheaper Housing for All Nashville Citizens bill."

[OnePointEast]

I want to remind yall that team USA is playing Jamaica in the semifinals of the Gold Cup on Wednesday night. An official game being played here in Nashville. That's big!

Edited July 1, 2019 by OnePointEast

[fishsticks176]

The CBS show “Tell Me A Story” is basing its second season in Nashville and filming on location. Each season modernizes a classic fairy tale and this upcoming season puts the story of Beauty and The Beast in the context of a singer/songwriter looking to make it big in Music City. It’s set to air later this year.

 

I ran into one of the producers randomly and she told me about it. I don’t have any more info or a link to follow its progress, but I wanted to share! 

[Nash_12South]

2 hours ago, fishsticks176 said:

The CBS show “Tell Me A Story” is basing its second season in Nashville and filming on location. Each season modernizes a classic fairy tale and this upcoming season puts the story of Beauty and The Beast in the context of a singer/songwriter looking to make it big in Music City. It’s set to air later this year.

 

I ran into one of the producers randomly and she told me about it. I don’t have any more info or a link to follow its progress, but I wanted to share! 

According to a poster on Next Door - they are filming on South Douglas (12 South ) Monday-Wednesday this week. The poster was upset that she was told that she couldn’t park on the street those days. 

[nashmoney]

‘Biggest finale ever’ promised for Nashville fireworks show

https://www.wkrn.com/holidays/july-4/biggest-finale-ever-promised-for-nashville-fireworks-show/

[subkyle]

I’ve been informed that one of the finalists for the bachelorette is a Nashville guy, and that they will be in Nashville for a portion of an episode. I hate this kinda crap tv but it’s really popular and I love to see our city on network television 

[markhollin]

Nashville Metro government approved $4.21 billion in construction permits in the just-completed fiscal year.  That is 13% higher than the previous high of $3.7 billion in FY '15-'16.  

The permit volume averages to about $16 million of work approved each business day — or $2.3 million more, every day, than the prior fiscal year.

More behind the NBJ paywall here:

https://www.bizjournals.com/nashville/news/2019/07/02/metro-approves-4-2-billion-of-construction-in-one.html?iana=hpmvp_nsh_news_headline
 

[markhollin]

Happy 4th of July to all my Urbane Friends!  BTW, I'm thinking of heading downtown to take-in the fireworks for the first time in a decade tonight.  Anyone want to join me?

 

[satalac]

11 hours ago, markhollin said:

Happy 4th of July to all my Urbane Friends!  BTW, I'm thinking of heading downtown to take-in the fireworks for the first time in a decade tonight.  Anyone want to join me?

 

I used to go every year. It didn't hurt it was from the comfort of a meeting room at GS&P in City Center. Now, I just can't get up for dealing with the crowds and traffic, especially with a small child now. I know it'll be incredible though. The last show I saw downtown (4-5 years ago maybe?) was insane, and I know they've just gotten bigger every year.

[markhollin]

A huge crowd for the Fourth of July celebration downtown last evening.  The weather ended up being nearly perfect, the flow of people was well managed, and everyone was in a good mood. Once again, however,  officials are pulling attendance numbers out of their collective ass.  They stated the size was 343,000 (which would be equal to the entire populations of Knoxville and Clarksville combined, or 50% of Nashville's entire population squeezed downtown).   I was there...and while the throng was impressive, there is simply no way those official numbers make sense. 

Video of fireworks here:

https://www.tennessean.com/videos/news/2019/07/05/fireworks-light-up-nashville-skyline/1654005001/

Story here:

https://www.tennessean.com/story/news/2019/07/04/nashville-fourth-july-weather-scattered-storms-independence-day/1642629001/

 

 

[titanhog]

^^When I saw the numbers last night, my first thought was, "I guarantee Mark will make a post about the absurd numbers."