Nashville Area Economic and Site Guide: 2008

NASHVILLE AREA

ECONOMIC & SITE GUIDE

nashvilleareaeconomicguide.com

Shifting Into High Gear Nissan revs its motors in Cool Springs

Prescription for Growth Area universities launch pharmacy schools

A Cool Place for a Hot Workforce SPONSORED BY PARTNERSHIP 2010, NASHVILLE AREA CHAMBER OF COMMERCE | 2008

H e n d e r s o n v i l l e , Te n n e s s e e

Welcome to an unparalleled community in Middle Tennessee.

Ideally located a mere  minutes north of downtown Nashville, Indian Lake Village represents a near-perfect balance of commerce, convenience, residence and recreation on + acres.

Imagine a Leisurely Stroll down Main Street Welcome to The Streets of Indian Lake – an open-air lifestyle center featuring the best in high-end shopping and dining experiences.

Over 1.5 million sq. ft. of retail shopping and dining planned within the community.

Brick sidewalks, impeccable landscaping and upscale retailers combine to recreate a quaint, town-square like atmosphere.

The best of shopping and the best of dining ... right outside the front door of your home or office.

Imagine a Thriving, Success-Oriented Business Community Welcome to Chenault Farms office park – a 2.5 million sq. ft. corporate community.

Graced with architecturally appealing Class A office buildings and endless customization opportunities.

Surrounded by strong workforce demographics to meet employee needs.

Parkside Plaza I – 50,000 sq. ft. office building complete – now leasing.

Offers a hotel/conference center for off-site meetings or overnight business travelers.

Within walking distance of homes, shops and a recreational park.

Future home to large and small businesses alike – cost effective sizes and spaces to accommodate any need.

Acreage available for large corporate relocations.

Imagine the Home Town Feel of Small Neighborhoods Welcome to the relaxed living of being able to stroll to the movies or out for an ice cream along a beautifully tree-lined street.

More than 1000 sophisticated, high quality homes will target all stages of life by providing a mix of residential choices.

Featuring classic, traditional neighborhood design and state of the art technologies.

Imagine a Community Planned for Play Welcome to limitless relaxing opportunities for play at the 20 acre park – bike trails, walking trails, gazebos for sitting and beautifully landscaped green space for throwing a frisbee.

Located in Hendersonville, TN – The City by the Lake ... enjoy the water recreations available on Old Hickory Lake just minutes away.

Home to the New Hendersonville Library – where minds can be enriched in a relaxing environment.

Close to area golf courses – just a stone’s throw away.

Connects to Drakes Creek Greenway to further your recreational options.

Now is the time to reserve a place for your business or home in Middle Tennessee’s Premier Lifestyle Community.

For more information, call Halo Properties, LLC at (615) 822-3509 Directions: I-65 N. to Hwy. 386 – Vietnam Veterans Blvd. to Exit 7 – Indian Lake Blvd.

www.indianlakevillage.net

contents

NASHVILLE AREA

ECONOMIC & SITE GUIDE

26

30

OVERVIEW

15

BUSINESS ALMANAC B

18

HOME FOR HEADQUARTERS H

Shifting Into High Gear

26

Nissan North America’s new headquarters makes it easy to do business.

Destination: Nashville

29

Investing in Futures

29

WORKFORCE DEVELOPMENT

35

Cool Place for a Hot Workforce W

30

Attracti Attracting a qualified workforce to Nashville – and k keeping it here – is a pretty easy sell.

A Pres Prescription for Growth

35

INFR ASTRUCTURE/TR ANSPORTATION

Flights of Fancy

36

The sky seems to be the limit these days inside the Nashville International Airport.

Location, Location, Location

39

36

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contents MANUFACTURING/LOGISTICS

Business Takes Flight

40

Available land and infrastructure make area attractive for industrial recruitment.

HEALTH- CARE INDUSTRY

Hope & Healing

44

Vanderbilt is proactively finding new ways to meet the health-care needs of a growing community.

MUSIC & ENTERTAINMENT

Listen to the Music

52

Nashville songwriters and musicians are key players in the region’s economic growth.

SITE GUIDE

Ready, Willing & Able

44

56

Middle Tennessee is fertile ground for expanding and relocating companies.

Gallery

49

Acreage Index

59

Site Guide Maps

60

Site Guide

62

Economic Profile

81

52 56

On the Cover PHOTO BY BRIAN McCORD Downtown Nashville

SPECIAL ADVERTISING SECTION: WILLIAMSON COUNTY OFFICE OF ECONOMIC DEVELOPMENT

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NASHVILLE AREA

ECONOMIC & SITE GUIDE 2008 EDITION, VOLUME 2

CU S TO M M AG A Z INE M ED I A

MANAGING EDITOR SUSAN CHAPPELL COPY EDITOR JOYCE CARUTHERS ASSOCIATE EDITORS LISA BATTLES, KIM MADLOM, BILL McMEEKIN, ANITA WADHWANI ASSISTANT EDITOR REBECCA DENTON STAFF WRITERS CAROL COWAN, KEVIN LITWIN DATABASE PROJECT MANAGER YANCEY TURTURICE DATA MANAGERS RANETTA SMITH, KRISTY WISE EDITORIAL ASSISTANT JESSY YANCEY CONTRIBUTING WRITERS KIMBERLY DALY, TIM GHIANNI, MELANIE HILL SENIOR INTEGRATED MEDIA MANAGER ELIZABETH WEST SALES SUPPORT MANAGER SARA SARTIN STAFF PHOTOGRAPHERS JEFF ADKINS, TODD BENNETT, ANTONY BOSHIER, IAN CURCIO, BRIAN M C CORD PHOTOGRAPHY ASSISTANT ANNE WHITLOW CREATIVE DIRECTOR KEITH HARRIS WEB DESIGN DIRECTOR SHAWN DANIEL PRODUCTION DIRECTOR NATASHA LORENS ASSISTANT PRODUCTION DIRECTOR CHRISTINA CARDEN PRE-PRESS COORDINATOR HAZEL RISNER SENIOR PRODUCTION PROJECT MGR. TADARA SMITH PRODUCTION PROJECT MGRS. MELISSA HOOVER, JILL WYATT SENIOR GRAPHIC DESIGNERS LAURA GALLAGHER, KRIS SEXTON, VIKKI WILLIAMS

“Sotheby’s is a level of service, not a price range.”

LEAD DESIGNER LINDA MOREIRAS GRAPHIC DESIGN JESSICA BRAGONIER, ERICA HINES, ALISON HUNTER, JANINE MARYLAND, AMY NELSON, CANDICE SWEET WEB PROJECT MANAGER ANDY HARTLEY WEB DESIGN RYAN DUNLAP, CARL SCHULZ COLOR IMAGING TECHNICIAN CORY MITCHELL AD TRAFFIC MEGHANN CAREY, SARAH MILLER, PATRICIA MOISAN, RAVEN PETTY

Your Nashville Relocation Specialists!

CHAIRMAN GREG THURMAN PRESIDENT/PUBLISHER BOB SCHWARTZMAN EXECUTIVE VICE PRESIDENT RAY LANGEN SR. V.P./CLIENT DEVELOPMENT JEFF HEEFNER SR. V.P./SALES CARLA H. THURMAN SR. V.P./OPERATIONS CASEY E. HESTER V.P./SALES HERB HARPER V.P./SALES TODD POTTER V.P./VISUAL CONTENT MARK FORESTER V.P./TRAVEL PUBLISHING SYBIL STEWART V.P/EDITORIAL DIRECTOR TEREE CARUTHERS MANAGING EDITOR/BUSINESS MAURICE FLIESS PHOTOGRAPHY DIRECTOR JEFFREY S. OTTO CONTROLLER CHRIS DUDLEY ACCOUNTING MORIAH DOMBY, RICHIE FITZPATRICK, DIANA GUZMAN, MARIA MCFARLAND, LISA OWENS RECRUITING/TRAINING DIRECTOR SUZY WALDRIP COMMUNITY PROMOTION DIRECTOR CINDY COMPERRY DISTRIBUTION DIRECTOR GARY SMITH IT SYSTEMS DIRECTOR MATT LOCKE IT SERVICE TECHNICIAN RYAN SWEENEY HUMAN RESOURCES MANAGER PEGGY BLAKE CUSTOM SALES SUPPORT PATTI CORNELIUS SALES/MARKETING COORDINATOR RACHEL MATHEIS SALES COORDINATOR JENNIFER ALEXANDER OFFICE MANAGER SHELLY GRISSOM RECEPTIONIST LINDA BISHOP

Nashville Area Economic & Site Guide is published annually by Journal Communications Inc. and is distributed through Partnership 2010, Nashville Area Chamber of Commerce. For advertising information or to direct questions or comments about the magazine, contact Journal Communications Inc. at (615) 771-0080 or by e-mail at info@jnlcom.com.

FOR MORE INFORMATION, CONTACT: Partnership 2010, Nashville Area Chamber of Commerce 211 Commerce St., Suite 100 • Nashville, TN 37201 Phone: (615) 743-3000• Fax: (615) 256-3074 www.nashvillechamber.com

2325 Crestmoor Rd., Ste. L-4 Nashville, TN 37215 (615) 463-3333 ext. 20 www.sothebysrealtytn.com

VISIT NASHVILLE AREA ECONOMIC & SITE GUIDE ONLINE AT NASHVILLEAREAECONOMICGUIDE.COM ©Copyright 2008 Journal Communications Inc., 725 Cool Springs Blvd., Suite 400, Franklin, TN 37067, (615) 771-0080. All rights reserved. No portion of this magazine may be reproduced in whole or in part without written consent.

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overview

ACCOLADES Welcome to the second edition of the Nashville Area Economic & Site Guide.

Sponsored by Partnership 2010, the regional economic development initiative of the Nashville Area Chamber of Commerce, the guide details the advantages of doing business in the 10-county region around Tennessee’s capital city. It also lists more than 100 developed greenfield industrial and office sites ranging in acreage from less than one to nearly 1,200.

“This guide is a valuable tool for businesses both in the Nashville area as well as businesses considering relocating to this community,” says Darrell Freeman, chairman of the Chamber Board of Governors. “This publication continues to help Nashville tell its great story of economic and cultural success.”

Freeman notes that during 2007 and 2008, Nashville continued to win accolades from a variety of sources, including:

No. 1 among state economic development agencies in the 2007 Competitiveness Award, winning by a margin of nearly 30 points (Site Selection, May 2008).

No. 1 on the list of the best U.S. cities for relocating singles (Worldwide ERC & Primacy Relocation, October 2006).

No. 1 among the nation’s metros for business relocations and expansions (Expansion Management magazine, January-February 2006).

No. 1 on the list of the Top 50 Smartest Places To Live in the United States (Kipling (Kiplinger’s Personal Finance magazine, June 2006).

No. 2 on the list of best large-market cities for N families to relocate (Primacy Relocation, July 2007). fa No. 6 on the list of best U.S. cities to do business (MarketWatch.com, September 2007).

Chamber Chairman Darrell Freeman

Partnership 2010 was organized 18 years ago as a public-private economic development initiative for the Nashville region.

Between July 1, 2006, and June 30, 2007, the Nashville Area Chamber of Commerce successfully aided 43 relocations and 34 expansion projects that absorbed 4 million square feet of new space, added $900 million in new capital investment to the area and contributed to the Nashville area’s net gain of 19,386 jobs.

Janet Miller, the chamber’s chief economic development officer, invites inquiries from prospective relocating companies. Contact her or Carlyle Carroll, vice president of economic development, at: Nashville Area Chamber of Commerce 211 Commerce St., Ste. 100 Nashville, TN 37201 (615) 743-3000 jmiller@nashvillechamber.com ccarroll@nashvillechamber.com

No. 8 on the list of cities where MBA candidates would most like to work (Fortune, May 2007).

No. 8 among U.S. cities for per-capita income growth (bizjounals.com, June 2007). inco

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overview

MIDDLE TENNESSEE â&#x20AC;&#x201C; TRULY IN THE MIDST One of the Nashville areaâ&#x20AC;&#x2122;s greatest advantages is geographic, as the map at right shows.

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NASHVILLE

business almanac

MAURY COUNTY

A NEW WAY TO TRAVERSE Goodbye, Saturn. Hello, Chevrolet.

utilized in more productive ways.

The General Motors Spring Hill manufacturing facility is now making the new 2009 Chevrolet Traverse, which will be available to the public in late 2008.

During 2007, the plant was retooled so that it will feature one of most flexible manufacturing processes in the industry, able to produce practically any GM car, truck or SUV, depending upon the market.

The Traverse is a crossover vehicle made to resemble a midsize passenger car and a compact SUV. The Spring Hill plant has been manufacturing Saturns for nearly 20 years, but GM officials have decided that the still-modern plant could be

Besides the Traverse, the 3,500 employees in Spring Hill also produce 2.4 L and 2.0 L Turbo Ecotec engines that are supplied to five GM plants.

PHOTO COURTESY OF © GM CORP.

DAVIDSON COUNTY

FAR EAST MEETS SOUTH The Far East moved a little closer to Middle Tennessee in 2008, when the Consulate General of Japan moved its offices from New Orleans to Nashville.

The office on West End Avenue serves Japanese citizens and businesses, and Americans in need of visas. reason for the move from New Orleans was because A key re of the many Japanese companies located in the Southern m region, region including Nissan North America Inc.’s new headquarters just south of Nashville, and Toyota Motor head Manufacturing Corp.’s plant in Georgetown, Ky. Man The Th Japanese consulate in Nashville serves Kentucky, Tennessee, Louisiana, Arkansas and Mississippi.

Te

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ROBERTSON COUNTY

HAVE A SEAT Hinkle Chair Co. has had plenty of practice making its hardwood furniture.

The popular Springfield furniture maker has been around for more than 170 years, producing rocking chairs, benches, children’s furniture, cushions, tables, stools and swings.

The company is probably best known for the rocking chairs found on the porches of every Cracker Barrel restaurant which has its national headquarters in Lebanon, Tenn.

A University of Tennessee rocker? Indeed.

One of the popular new product lines at Hinkle Chair is custom-painted furniture in the school colors of various universities.

SUMNER COUNTY

HEAVENLY NEWS Hallelujah: Free Will Baptist Bible College will soon have a new home.

The four-year college – founded in 1942 in Nashville – has selected a 66-acre site in Gallatin to build a new campus, just off Vietnam Veterans Boulevard.

The site is more than seven times the size of the current Nashville campus, and construction is set to begin in 2008.

Free Will currently serves 400 students and has a mission to educate leaders to ultimately spread the word of Christ through Biblical thought and life.

The current 9-acre campus on West End Avenue in Nashville has 17 buildings on a campus that will become a prime redevelopment site.

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business almanac

RUTHERFORD COUNTY

LET’S BE FRANKE The Franke Group builds kitchens for McDonald’s and Burger King and is now building its own headquarters in La Vergne.

The international company has reached an agreement with the Rutherford County Industrial Development Board to construct a new $25 million headquarters and warehouse in Smyrna Industrial Park.

The Switzerland-based company makes a wide range of products for kitchen, food-service, washroom and professional coffee systems.

The company also makes stainless-steel components for industrial applications, tool manufacturing and beverage containers.

The Franke Group operates companies in six of the world’s seven continents.

DICKSON COUNTY

ACTION JACKSON Since 1995, The Jackson Foundation has been working for the good of Dickson County.

The nonprofit corporation’s mission is to motivate and educate children and adults by promoting and utilizing technology in the arts, sciences and humanities.

Dickson’s Renaissance Center, which was designed and developed by The Jackson Foundation, is a good example. The center offers programs and courses in visual arts, music, dance, theater, computers and multimedia.

The foundation asserts that education can improve the future of the community, the state and the world.

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business almanac

WILLIAMSON COUNTY

YOU’RE WELCOME Welcome to Williamson County. That greeting has been proclaimed to several companies in recent months.

In 2007, Mars Petcare US established its national headquarters in Franklin, and Nissan North American Inc. will move into its 10-story Cool Springs building in mid-2008.

Meanwhile, Verizon Wireless has announced plans to establish a $54 million South Area regional headquarters in Franklin.

In addition, health-care giant Healthways is constructing a five-story building in the Corporate Centre of Cool Springs office complex. Approximately 1,000 employees will move there when it opens in mid-2008.

WILSON COUNTY

A SPORTING CHANCE Thousands of footballs, tennis balls and golf balls fly out of Lebanon every day.

Wilson Sporting Goods Co. operates a large distribution warehouse in the Nashville East Logistics Center, located off State Route 840 in Wilson County.

The Lebanon facility opened in 2007 with 100 employees and has the capacity to double the size of its current 300,000-square-foot building, if needed.

Wilson is a subsidiary of Finland’s Amer Sports Corp., the world’s largest sports equipment company.

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business almanac

CHEATHAM COUNTY

LIFE ON THE RIVER Itâ&#x20AC;&#x2122;s like a city within a city.

The $75 million Braxton Condominiums in Ashland City opened in spring 2008 along the Cumberland River and is the only waterfront marina community in Middle Tennessee The condos, situated in two 10-story buildings, range from $400,000 to $750,000.

The Braxton offers eight different floor plans, all with a private terrace and outdoor living area. Condos feature 9-foot ceilings, stainlesssteel appliances and floor-to-ceiling windows.

Eventually, there also will be retail space on the first floor and free access to the marina.

Other amenities include a resortstyle pool, clubhouse with bar area, two fitness centers and two preassigned parking spaces per residence.

MONTGOMERY COUNTY

VERY INDUSTRIOUS You could say that Montgomery County is big on business.

Part of the reason is the Montgomery County Corporate Business Park, which contains more than 1,700 contiguous acres, with approximately 1,000 acres available for industrial development.

The business park, part of which fronts Interstate 24, is already home to 15 diverse and growing companies.

They include Rainbow Corp., which specializes in various tile-cutting processes; Robert Bosch Corp., an automotive brakes manufacturer with 580 employees; and Bridgestone Metalpha, which makes steel cord for radial tires.

Montgomery County is attractive to the business community because it has the lowest median age of any county in the state. Its workforce includes hundreds of people who are leaving military service at Fort Campbell and entering the local labor force.

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Shifting Into

High

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home for headquarters

Gear Nissan’s new headquarters makes it easy to do business

W

he n N i s s a n Nor t h American Inc.’s new headquarters opens in July 2008, it will be a state-of the-art structure. Computerized windows will let in ideal lighting, and a four-story parking garage will not be visible in a few years because hundreds of trees have been planted around it.

So continues the interesting story about the construction of the Nissan Americas headquarters building, a $100 million structure in the Corporate Centre of Cool Springs office complex.

The 10-story headquarters is being built east of Interstate 65 on Carothers Parkway, between McEwen Drive and Cool Springs Boulevard.

Nissan officials announced in late 2005 that the automotive giant was moving its North American headquarters from Southern California to the Nashville area.

Its new 460,000-square-foot office building has been designed for more than 1,500 employees and is scheduled to open in July 2008.

“We literally designed the building from the inside out to take into consideration how to maximize the productivity and comfort of our employees, and the overall ease of doing business,” says Rob Traynham, Nissan North America Inc.’s director of nonmanufacturing facilities.

“For example, each of the nine main floors has a central, town meeting-type area where people can grab a cup of coffee or Nissan’s new S-shaped headquarters in Cool Springs will open in July 2008.

P H OTO B Y B R I A N M C C O R D

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The new building will house several departments, including product planning for cars such as this 2008 Nissan Maxima.

Scorecard NISSAN NORTH AMERICA’S NEW HEADQUARTERS

$100 million cost of building

3,400

tons of structural steel

23,000

cubic yards of concrete

2.5

acres of wetlands

50,000

native Middle Tennessee flowers, trees and bushes

28

water, and discuss business for a couple of minutes. A lot of productive business can be accomplished face to face during a few minutes in a relaxing setting.”

The building will house various Nissan departments such as sales and marketing, legal, administration and finance, human resources, product planning, communications, corporate planning and information systems.

Traynham says Nissan studied the relationships between the departments to determine where best to locate everyone in the building.

“We divided everything into three categories – strong, moderate or never interacting,” he says. “Departments that deal with each other often – or strong interacting – are located near each other or at least on the same floor. Those with moderate dealings are a floor above or a f loor below each other, with open stairway areas between floors so that people from those departments can meet each other halfway to discuss business. There are also alternating atriums on each of the nine main floors to make things especially comfortable for those in-person discussions.”

Traynham says Nissan is being as

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environmentally sensitive as it can be with its new building. That includes installing a computer system in all windows to provide ideal lighting.

“Not only do the windows let in the ideal amount of light lumens, but they also control glare and heat,” he says.

“For instance, one side of the building might be in the shade at a certain time of day, while another side could be in bright sunlight. The computerized windows will control both lightingand-heat situations.”

The automotive company has also restored 2.5 acres of wetlands on the southwest corner of its 50-acre campus, planting more than 50,000 native Middle Tennessee flowers, bushes and trees.

“We also decided that instead of paving a significant amount of land with asphalt for parking spots, we built a less invasive, four-story garage instead,” Traynham says. “And with the hundreds of trees that were planted around it, the garage won’t be noticeable in a few years. We are here in Cool Springs to do business, but we also want to be a good neighbor to Cool Springs and the land around us.”

– Kevin Litwin

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home for headquarters

Destination: Nashville NEW COMPANIES CONTINUE TO RELOCATE IN 10-COUNTY AREA just outside of Nashville [Madison], but are looking for property so that we can move our other distribution center in Dallas to Nashville – plus eventually construct a four-year college here,” Mutsch says.

“We want property in metropolitan Nashville that will be within 30 minutes of the Nashville International Airport. The airport is ideal for our shipping purposes, and it allows our staff to easily visit schools across the country and internationally.”

Mutsch says A.C.E. does not teach students how to make a living but rather how to live.

“Being in Nashville with its conservative values and its welcoming spirit is an ideal place for us to be headquartered,” he adds.

– Kevin Litwin

BRIAN MCCORD

Between July 1, 2006, and June 30, 2007, the Nashville Area Chamber of Commerce successfully aided 43 relocations and 34 expansion projects that absorbed 4 million square feet of new space, added $900 million in new capital investment to the area and contributed to the Nashville area’s net gain of 19,386 jobs.

Back Yard Burgers is now located here, and so are Wilson Sporting Goods and The Little Clinic. Oreck calls the Nashville area home, as does Sanderson Pipe and ZOI Interactive Technologies. And the list continues to grow.

“We moved here because Nashville is in a centralized United States location, plus it has a moderate cost of living,” says Dr. Gregory Mutsch, executive director of business administration for Accelerated Christian Education.

Accelerated Christian Education was headquartered in Tampa, Fla., prior to its move to Nashville in 2007. The company writes, designs and produces elementary through high school curriculum for private Christian schools and home schools throughout the world. The group’s published teaching materials are now in 7,000 K-12 Christian schools in 139 countries, and are studied by approximately 1 million students.

“We are currently housed in temporary facilities

Investing in Futures NASHVILLE AREA CHAMBER FORMS ENTREPRENEURSHIP TASK FORCE If a business has an idea for “can’t miss” growth, how can the Nashville Area Chamber of Commerce help?

The chamber has formed a Partnership 2010 Entrepreneurship Task Force that is developing a plan to retain, expand and attract highgrowth entrepreneurial ventures in Middle Tennessee.

The 90-member task force consists of successful financial investors, entrepreneurs, service providers and other professionals who will produce the results of their research in July 2008.

“We already know that Nashville is a great entrepreneurial community,

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but the objective of this volunteer task force is to find out how we can make it even better,” says Christine McDonnell, vice president of existing business and entrepreneurship for the Nashville Area Chamber of Commerce.

“We want to provide valuable information to businesses that are looking to significantly grow their companies with big entrepreneurial ventures in the Nashville region.”

Nashville has been an entreprenurial hot spot for several years, and McDonnell says the task force is studying the current resources that are available to high-growth entrepreneurs.

“We are looking at how to build upon community sucesses and make a stronger network of resources, capital and infrastructure,” McDonnell says. “We are mapping out what is available to the business community, then will develop a marketing campaign that showcases the high entrepreneurial opportunities in the Nashville region.”

The task force is co-chaired

by HealthStream chairman/CEO Robert A. Frist Jr., and XMi chairman Michael Shmerling.

“The task force will decide what our next steps will be after July 2008,” McDonnell says.

“But by that time, we will convey several components that need to be in place for an entrepreneurial venture to be successful here in Middle Tennessee.”

– Kevin Litwin

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workforce development

Cool Place

Hot Workforce for a

Chamber initiatives keep world-class employees coming to Music City

A

S TA F F P H OTO

ttracting a qualified workforce to Nashville – and keeping it here – is a pretty easy sell. After all, the city tops numerous lists of the nation’s best places to live and work.

Jobseekers and employers alike find plentiful higher-education options, a broad-based economy, an inviting business climate, affordability and a great quality of life in Music City.

“We have a very diversified economy,” says Nancy Eisenbrandt, COO and chief workforce development officer for the Nashville Area Chamber of Commerce. “It’s an affordable community, and it’s very livable – all the way from the weather to the things there are to do here … the music, the

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The Nashville area boasts many interesting neighborhoods that are attractive to homebuyers.

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A mural of the Nashville skyline reflects the city’s dynamic downtown area.

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selection of restaurants, the performing arts … It’s just a very, very livable city.

And you can’t forget the friendliness.”

The quality of life is ref lected in the vibrancy of downtown Nashville.

In light of the quickly expanding residential neighborhood, as well as the robust office and entertainment environment, the Downtown Partnership has developed and implemented an impressive retail strategy in an effort to keep Nashville’s “cool factor” hot.

Additionally, Colliers International ranked Nashville’s downtown 10th in the nation in office market construction, with 789,000 square feet of development.

It is this continual improvement that aids in Nashville’s workforce attraction and retention efforts.

The Nashville Area Chamber of Commerce continually advances workforce development initiatives for the 10-county economic region and partners with local organizations to implement innovative programs in Nashville’s public schools – the city’s future workforce.

Brochures highlighting Nashville’s perks go to more than 250 colleges and universities outside the region, while at home, the chamber fosters a collegeretention program.

“Right now about 60 percent of students who attend college here stay after graduation,” Eisenbrandt says.

She predicts that an internship template being developed by the chamber, potential employers and higher-education leaders will funnel even more graduates into the local job pipeline.

“Students that do internships go on to be very successful hires,” Eisenbrandt says.

And while it’s not exactly higher ed, the chamber’s bi-annual Cool School teaches attendees how to leverage the Music City “cool factor” to recruit top-notch employees and

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workforce development

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integrate them into the community.

Likewise, young professionals can plug into opportunities to shape the region’s future.

“We have joined with the 20/20 Leadership Alliance to staff shared programs for events such as Nashville Young Professionals Day and the Nashville Emerging Leader Awards, where we recognize up-and-coming leaders,” Eisenbrandt says. The partnership also hosts social networking events and Q&A sessions with local political leaders.

Additionally, the chamber works with Alignment Nashville, an organization that coordinates the efforts of more than 100 area organizations, to better Metropolitan Nashville Public Schools.

“Nashville has incredible community organizations and resources, massive expertise and a willingness to collaborate,” says Alene Arnold, associate director of Alignment Nashville. “There is just so much motivation to positively impact the schools, which will ultimately impact the success of our city.”

Programs target MNPS goals for students from pre-K to high school.

An innovative pilot program known as Smaller Learning Communities began in eight Metro high schools in 2007-08. According to Eisenbrandt, the smaller Career Academies will focus core curriculum on a particular employment track, such as health care or science, to better prepare students for postsecondary education and a career.

– Carol Cowan

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Part of downtown Nashville’s “cool factor” has to do with music, which ranges from performances at the Schermerhorn Symphony Center (left) to country at Lower Broadway’s many honky-tonks.

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workforce development

A Prescription for Growth

at Vanderbilt University Medical Center, notes that when he and Davis sought their Doctors of Pharmacy degrees, UT-Memphis had the state’s only program.

Subsequently, East Tennessee State University began offering a program in Johnson City.

In fall 2008, pending final accreditation, there will be schools at Union University in Jackson as well as at the two schools at either end of Belmont Boulevard in Nashville.

“It’s interesting that all five of us [the heads of the pharmacy schools] went to the same school, and we talk to each other. We’re friends,” Johnston says.

As friends, they share ideas and talk about professional matters.

“When we [Belmont] went up to Chicago to visit with the Accreditation Council for Pharmacy Education, they said ‘What’s going on in Nashville?’ because they had just gotten the letter from Lipscomb, too,” Johnston recalls.

“I think the answer is you look at Tennessee and look at the growth in population and the growth in the health-care industry in the area.”

Those two factors are motivators in beginning both four-year programs, which each plan to have a class of about 75 students to start.

“Belmont had looked for years to grow in another health-care area,” Johnston says, noting the school already offers nursing, occupational therapy, physical therapy and medical social work training. “Nashville is driven by the health-care industry.”

At both schools, students will spend the fourth year doing what Davis calls “experiential education,” meaning hands-on work with pharmacies and health-care providers.

Both men say students only need look in their own backyards for work, if that’s what they desire.

“We have a lot of faith that the market is there and will remain strong,” Davis says.

– Tim Ghianni

Belmont, Lipscomb universities open pharmacy schools

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are helping to launch pharmacy schools just blocks away from each other in fall 2008, it is also the result of necessity.

“There’s a national shortage of pharmacists on the order of 150,000 practitioners,” says Davis, who was most recently employed at sanofiaventis pharmaceuticals. “It’s projected to last the next 15 years or so. There are new colleges of pharmacy starting across the country and existing colleges of pharmacy are increasing their enrollments.”

Johnston, who previously worked

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hilip E. Johnston says being the first Dean of the School of Pharmacy at Belmont University is a “dream come true.”

His longtime colleague, Roger Davis, echoes that comment. Only he’s talking about the Lipscomb University College of Pharmacy, where he, too, is the school’s first dean.

Both men are graduates of the University of Tennessee College of Pharmacy in Memphis and have been professional colleagues for many years.

While it is coincidental that the two

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The Gordon E. Inman College of Health Sciences and Nursing on the Belmont University campus will greet its first pharmacy class in fall 2008.

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infrastructure/transportation

Flights of Fancy Nashville International Airport renovation has a distinct Music City flair

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The airport has embarked on a renovation project that is scheduled to be completed in the spring of 2009. Left: Live music is on tap – along with food and drink – at Tootsies in the Nashville International Airport.

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he sky seems to be the limit for renovations these days inside the Nashville International Airport.

The airfield that opened in 1937 as Berry Field is currently in the middle of a $50 million terminal renovation project that began in October 2006.

Various facets of the renovation will be completed at different times, and the entire upgrade is scheduled to be finished by the spring of 2009.

“The terminal improvements include refurbishing concourses A, B and C, with the addition of several new retail establishments and restaurants in each,” says Emily Richard, corporate communications manager for the Metropolitan Nashville Airport Authority, which owns and operates the Nashville International Airport. “We have already installed improved f light information displays for arrivals and departures and will centralize a more efficient security checkpoint for all passengers.”

The security checkpoint will be an 11-lane area where every traveling passenger will enter.

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Scorecard NASHVILLE INTERNATIONAL AIRPORT Among the 50 busiest airports in North America 9 to 10 million passengers each year 16 airlines averaging a total of 400 flights daily 56,000 airport-related jobs, accounting for more than $1.3 billion in annual wages

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Your Commute Toolbox for Easier Recruiting Save Money | Save Time | Beat Stress

Van Pool | Car Pool

Emergency ride home program Van and carpools available throughout Middle Tennessee

Van pools are groups of five-14 commuters who share the ride to work. The TMA Group provides the vehicle, insurance and a tax-free fuel card. Affordable fares are as low as $75 per month!

For information:

(615) 790-4005 | www.tmagroup.org

Express Bus

Relax & Ride Express Bus Service between downtown Nashville and:

• Murfreesboro (MTSU)/ Smyrna/La Vergne • Hendersonville/Rivergate Safe, conveniently located Park-and-Ride lots For routes and schedules:

(615) 862-8833 www.RTArelaxandride.com

Save up to 70% over the cost of driving alone.

It pays to share the ride!

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Expand employee recruiting area Reduce parking needs and costs Increase employee retention Reduce employee stress, improve productivity Improve employee morale Reduce absenteeism and late arrival

Find compatible commuters at www.RTArelaxandride.com For information: (615) 862-8833 The TMA Group partners with the Regional Transportation Authority to operate and manage the regional vanpool program.

Music City Star Commuter Rail Serving:

Lebanon, Martha, Mt. Juliet, Hermitage, Donelson and Riverfront Station

Commuter Rail

Shuttle service provided to:

Broadway, West End and Vanderbilt areas Operates weekdays For routes and schedules:

(615) 862-8833 www.musiccitystar.org

Need more information?

The TMA Group 708 Columbia Avenue | Franklin, TN 37064 (615) 790-4005 | www.tmagroup.org The TMA Group is a public/private partnership committed to providing environmentally-friendly, affordable and safe mobility options for Middle Tennesseans.

501 Union Street | Sixth Floor | Nashville, TN 37219 (615) 862-8833 | www.RTArelaxandride.com

Commuter benefits are programs and services employers can offer to their employees to help make their commute to work easier and more enjoyable.

Employers can provide employees about commute options, subsidize employee’s commute costs through a tax-free program, or provide tax-free dollars to employees to pay for their commute costs when using alternative modes of transportation.

infrastructure/transportation

BRIAN MCCORD

There will be no more individual security points at each of the three concourses.

“The 11 lanes will include one lane specifically for airport employees,” Richard says. “The new security checkpoint should open around July 2008.”

The design for the renovated terminal is a joint venture between Nashville-based Thomas, Miller & Partners LLC and Minneapolis-based Architectural Alliance.

“The main idea with the design is to bring more elements of Nashville into the airport so that passengers really get

The Nashville International Airport renovation includes various improvements throughout the terminal.

a feel of Music City when they walk through the terminal,” Richard says. “For instance, there will be live musical performances on small stages located at three different spots, including the food court. We are giving the terminal a distinct Nashville flair.”

That f lair extends to new restaurants and gift shops.

Moving into Nashville International Airport will be famed Music City businesses such as Tootsies Orchid Lounge, Noshville Delicatessen, Loveless Café, Tennessee Tavern/Jack Daniel’s, Swett’s Restaurant, Whitt’s Barbecue, Kijiji Coffee House and Neely’s BBQ. “There will also be the first airport O’Charley’s restaurant in the United States, since Nashville is home to O’Charley’s corporate headquarters,” Richard says. “The airport will also house a CMT [Country Music Television] gift store.”

Other upcoming improvements to the terminal will include 16 new skylights, new carpeting, larger restrooms, more elevators and a limestone-colored palette throughout all three concourses.

“Nashville International is among the 50 busiest airports in North America, processing 9 to 10 million passengers each year,” Richard says. “We are a busy place, serving 16 airlines that average a total of 400 flights daily.”

The airport also contributes to the local economy with 56,000 airport-related jobs and accounts for more than $1.3 billion in annual wages. In addition, Nashville International Airport is self-financing, meaning that it is managed like a private business so that no Nashville taxpayers are ever burdened with its operation.

“The airport is often the first impression that visitors get of Nashville, Tenn.,” Richard says. “We believe that the renovated terminal will provide an excellent introduction to Music City USA.” – Kevin Litwin

Location, Location, Location In 2007, Ricoh Americas Corp. was looking to establish a new parts distribution center and narrowed its search to six cities.

They were Atlanta, Indianapolis, Louisville, Ky., Memphis, St. Louis and Nashville.

Nashville won.

Today, the color copier and imaging products giant is leasing space at Nashville Business Center II on Briley Parkway. This move has allowed the company to consolidate two of its existing northeastern U.S. parts distribution operations.

“We chose Nashville because it is nearly equidistant from

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Louisville and Memphis, which are the UPS and FedEx air freight hubs,” says Pete Resendiz, manager of logistics operations for Ricoh Americas Corp.

“Nashville allows us to be in a location where UPS and FedEx will have to constantly compete for our business, which will result in better service for our customers.”

Resendiz says Ricoh also received terrific assistance from the Tennessee Department of Economic & Community Development and the Tennessee Valley Authority.

“We got state incentives for job creation and training

reimbursement, along with electricity discounts and assistance in finding a suitable location,” he says.

Part of what attracts so many companies to Nashville is its convenient location. The interstate system has been lauded in magazines such as Expansion Management because there are six legs of interstates that converge within the city limits, which makes doing business a lot easier.

“Nashville has become a very cosmopolitan city,” Resendiz says, “and we are very happy to be here.”

– Kevin Litwin

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Business Available land and infrastructure make area attractive for industrial recruitment

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manufacturing/logistics

Takes Flight T

he location of Nashv i l le International Airport is crucial to a subset of industries blossoming here.

There is the 70-year-old Vought Aircraft Industries facility located next to the airport. And while it has adapted after being sold and conglomerated over the decades, it continues to thrive as it produces wings and aircraft parts for Airbus, Lockheed Martin, Cessna and Gulfstream.

Carlyle Carroll, vice president of recruitment for the Nashville Area Chamber of Commerce, says the company announced in 2007 that it was

investing $25 million in equipment for Airbus, which could be worth $1 billion over the next five years.

Lynne Warne, who handles external communications for Vought, says the 2.1 million-square-foot local plant upped its workforce by about 20 percent – to 1,150 – in 2007. About 80 percent of the employees are involved in production.

And it’s far from standing still, according to general manager Dan Tharp.

“My vision for the site includes upgrading our technology, infrastructure and to provide our employees the training needed to support our

Vought Aircraft Industries, which has been in Nashville for 70 years, produces wings and aircraft parts for Airbus, Lockheed Martin, Cessna and Gulfstream.

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manufacturing/logistics

increasing customer demand, new business opportunities and to achieve improved productivity and quality performance,” Tharp says.

While Vought is a “heritage” business – the Nashville site began as Stinson Aircraft Co., the third-largest producer of war materials during World War II, according to Warne – new firms are drawn by the available land with access to the airport, as well as the skilled workforce.

Both factored into the expansion by Embraer Aircraft Maintenance Systems.

The company has been located in Nashville for about 16 years, but in 2006,

it expanded to a 71,000-square-foot hangar at the airport.

That put the company near its customers and also created about 140 jobs.

Carroll credits the Metro Nashville Airport Authority, the state of Tennessee and TVA for making this location attractive for the company, which services a variety of aircraft from its location right off the runways.

But another factor is the quality of the labor force at the old facility.

“What they told us was that the existing workforce that was in place here was one of the most productive in

their entire system,” Caroll says.

“There are airports all over the country that can put together a deal like the one we put together, but the productivity of the Nashville-area employee is what won out.”

The quality of available talent was also responsible for the expansion into Nashville of GKN Aerospace.

The company hired about 60 engineers when opening its GKN Engineering Development Center in 2005, Carroll says. “They were very aware of the professional expertise in the aerospace engineering field in the Nashville area.”

– Tim Ghianni

Vought Aircraft Industries increased its workforce by about 20 percent in 2007 and now has more than 1,100 employees.

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health-care industry

Vanderbilt Medical Center is transforming a portion of 100 Oaks shopping mall into a state-of-the-art health and wellness facility.

Top: Monroe Carell Jr. Childrenâ&#x20AC;&#x2122;s Hospital at Vanderbilt will begin a three-year, $203 million expansion in 2009. PHOTO BY BRIAN McCORD

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& Healing Hope

Vanderbilt’s medical facilities expand to meet community’s needs

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or more than a century, Vanderbilt Medical Center has stood out as an international leader in medical education, research and patient care.

Today, VMC is proactively finding new ways to meet the health-care needs of a growing community.

In an effort to accommodate patients, faculty and staff, hospital officials recently announced plans to transform

More Insight

what is left for hospital-based programs and laboratory research,” says C. Wright Pinson, MBA, M.D., Associate ViceChancellor for Clinical Affairs and Chief Medical Officer at VMC. He says the new location lends itself to easy access and visibility from Interstate 65, while maintaining close proximity to the 21st Avenue campus.

While some VMC clinics will relocate to the 100 Oaks facility, other depart-

HEALTH CARE INDUSTRY STATS

300 HEALTH-CARE COMPANIES in Middle Tennessee, representing more than 2,400 operating sites nationwide

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half of Nashville’s oldest indoor shopping mall – 100 Oaks – into a stateof-the-art health and wellness facility.

The 440,000-square-foot facility, set to open in 2008, will serve as a second major campus to VMC’s 21st Avenue location.

“As we continue to experience phenomenal growth, it’s prudent for us to look elsewhere to decompress our current location growth and reserve

AREA HEALTH-CARE companies generate more than 430,000 jobs worldwide with a combined annual revenue of more than $80 billion.

HEADQUARTERS for AmSurg, Community Health Systems, HCA, Healthways, The Little Clinic, Cogent Healthcare and HealthSpring

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health-care industry

ments, including radiology, primary care and pediatrics, will expand to offer services at the new space.

Pinson says the first-class campus will include new technology that will improve wait times for patients, while ample on-grade parking will help relieve the confusion that often accompanies midtown parking.

A shuttle bus service also is planned between the two campuses to serve faculty and staff who have responsibilities at both locations.

The medical center isn’t the only Vanderbilt facility making headlines.

In 2009, the Monroe Carell Jr. Children’s Hospital at Vanderbilt will begin a three-year, $203 million expansion.

The eight-story, 340,000-square-foot addition will include obstetrical services and 16 to 20 labor and delivery rooms, along with a newborn nursery and additional pediatric and intensivecare beds.

“Growth is the sign of a dynamic medical center, and this expansion is

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the logical next step in the success story that is the Monroe Carell Jr. Children’s Hospital,” says Harry R. Jacobson, M.D., vice chancellor for Health Affairs.

The organization is making waves in the scientific community as well, with the recent implementation of an anonymous database of genetic and clinical information.

Using banked blood samples, experts hope to identify patterns and parallels between patients with similar diseases or who have taken similar medications.

“The establishment of this database will allow researchers to more effectively and efficiently conduct important genetic research, which, in turn, will help improve care for patients, so it’s a win-win for everyone,” says Gordon R. Bernard, M.D., assistant vice chancellor for research.

Officials hope the database will ultimately help identify the genes that can lead to predictive tests and preventive therapies for many, if not all, diseases.

– Melanie Hill

P H OTO S B Y B R I A N M C C O R D

Monroe Carell Jr. Children’s Hospital will add an eight-story addition that will offer a full range of obstetrical services.

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health-care industry

Just What the

Doctor Ordered The city’s health-care industry has a great prognosis

A N TO N Y B O S H I E R

The No. 1 industry in Nashville is health care, and that’s music to the ears of leaders at Middle Tennessee’s 300 healthcare companies.

Together, they produce more than 430,000 jobs worldwide with a combined annual revenue of more than $80 billion.

“Nashville-based companies have been involved in many of the largest leveraged buyouts and merger/acquisition transactions in health care in the United States,” says Caroline Young, president of the Nashville Health Care Council. Since 1995, the 160-member council has promoted Nashville’s health-care industry by providing executives with educational programs, networking and mentoring activities.

While hospital giants HCA and Community Health Systems have long served as cornerstones for the city’s health care industry, Nashville also is home to a diverse sector of companies, including disease management leaders Healthways and Gordian Health Solutions, hospital specialist program operator Cogent Healthcare, home health service provider Guardian Home Care Holdings, walk-in clinic operator The Little Clinic and dental managed care organization Forba Holdings.

Other notable companies include biotech firms BioMimetic Therapeutics and Cumberland Pharmaceuticals, dialysis companies National Renal Alliance and Renal Advantage, managed care operator HealthSpring, health technology provider Passport Health Communications and imaging expert e+healthcare.

“Nashville’s quality of life, management talent, ready access to capital and range of expert professional service firms that support the industry are attractive elements for health-care operations large and small,” Young says.

– Melanie Hill

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BioMimetic Therapeutics is one of the area’s 300 health-care companies that generates jobs and income for the region.

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gallery

Historic homes, such as this one in Murfreesboro, are prevalent throughout Rutherford County.

PHOTO BY BRIAN McCORD

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Guitars decorate many parts of Music City (of course), including this one on Lower Broadway.

PHOTO BY WES ALDRIDGE

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gallery

Dickson County, located about 30 miles west of Nashville, is one of the many surrounding counties that has scenic horse farms as part of the landscape. PHOTO BY BRIAN McCORD

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Listen to the

Music Nashville Cats provide soundtrack for areaâ&#x20AC;&#x2122;s economic growth

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music & entertainment

The Bluebird Cafe, one of Nashville’s premier listening rooms, was recently purchased by the Nashville Songwriters Association.

Left: The music industry plays an important role in economic development, showcasing the area’s creativity.

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hether they fill large performance halls or try community and the Music City brand, so we incorporate that out their songs on writers’ nights at one of the theme and spirit into all of our recruitment activities.” many intimate nightclubs in the area, Nashville Business owners aren’t the only ones that find Nashville an Cats are key players in the region’s economic growth. attractive place to work and live. More and more, young The contributions of these professionals find the city a pickers and songwriters are good place to call home, too.

“Much of our economic in the creative spirit they “Br ig ht you ng people development success is tied to coming out of school are have instilled here, according to Janet Miller, chief the fact that we are a creative, picking the place that they economic development officer want to be,” Miller says. “The entrepreneurial place where for the Nashville Area places [like Nashville] that are people want to be.”

Chamber of Commerce. attractive are the real creative “Much of our economic hotbeds. All companies need JANET MILLER development success is tied to creative people.”

CHIEF ECONOMIC DEVELOPMENT OFFICER the fact that we are a creative, The Nashville chamber NASHVILLE AREA CHAMBER OF COMMERCE entrepreneurial place where puts t he loca l bra nd on people want to be,” she says. display when trying to woo The Nashville Area Chamber of Commerce uses the city’s companies to the metro area. musical heritage as a calling card.

For example, Miller says, guests are often treated to “We try to focus as to what truly differentiates this city songwriters’ nights at area clubs such as the Bluebird Cafe. from the others,” Miller says. “The difference is the creative The iconic, 25-year-old listening room – now operated by

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music & entertainment

Kira Florita, executive director of Leadership Music, says the strategic alliance is a good fit.

Her organization’s stated mission “is to nurture a knowledgeable, issue-oriented community of music industry professionals.”

The nonprofit group began staging the Digital Summit in 2005 with a goal of identifying and exploring new technology opportunities, innovations and challenges.

Florita says her challenge was that the event continued to grow beyond the group’s resources, so teaming up with the chamber has been beneficial. She says the Nashville Area Chamber of Commerce has helped market the summit and recruit speakers and sponsors.

“We want to make sure Nashville continues to have a thriving presence in the digital realm,” she says.

– Tim Ghianni

PHOTOS BY WES ALDRIDGE

the Nashville Songwriters Association International – provides the ideal showcase for the city’s musical roots.

Jeff Hite, director of business recruitment for the Nashville Area Chamber of Commerce, says the tunes are just a part of the attraction.

“We’re known as Music City all over the world, but it’s much more than music.”

Miller points out that all types of music, as well as TV and film production, are finding homes here. And the chamber is helping the music community face its future.

“We are keenly interested in the digital and interactive sector,” Miller says. “One of the things we are doing is coproducing, in partnership with Leadership Music, this year’s [2008] Digital Summit. The outside world needs to know that Nashville has an emerging technology scene.”

Visitors and residents alike can enjoy hearing everything from alternative rock and jazz to country and bluegrass in the city’s many honky-tonks, nightclubs and performance halls, such as the classic Ryman Auditorium in downtown Nashville (right).

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site guide

Ready, Willing Able

&

Middle Tennessee is fertile ground for growing companies

PHOTOS BY BRIAN M C CORD

T

Development of new office buildings and company headquarters is exploding in the Cool Springs area and in many other sections of the 10-county region.

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here are many conditions that make the Middle Tennessee region ripe for companies looking to locate here.

So many, in fact, that in 2005 and 2006, Expansion Management named Nashville as the nation’s top metro area for business expansions and relocations.

That’s no surprise to Doug Brandon, managing partner with Colliers Turley Martin Tucker Commercial Real Estate Services.

“The demographics here are incredible,” Brandon says.

“I’ve never met anyone who has moved here who hasn’t said they love the people here.”

The people of the region help attract companies in other ways as well. Randy Wolcott, senior vice president of ProVenture Commercial Real Estate, says the area labor force is a big draw. “You get a more productive employee because of the work ethic of folks in Middle Tennessee,” he says.

In his 22 years in the region’s commercial real estate market, Wolcott has seen some big changes.

For example, he says that in 1991, a 200,000-square-foot facility was the maximum size in the region, but now it is not uncommon to have 500,000-plus square-foot operations.

And helping to nurture the process of growing these

NASHVILLE

Construction workers are a common sight these days in the Nashville metro area as it grows and expands.

businesses is an almost legendary cooperation between the public and private sectors.

Brandon can’t say enough about the work of TVA in helping adapt existing conditions to individual companies’ needs.

“TVA is phenomenal in coming in and building a system to provide ample sources of power,” he says. “From an economic development standpoint, TVA’s impact is instrumental in making this a vibrant community.”

As an example, he cites the work that TVA did with the Verizon Wireless Call Center in Murfreesboro to ensure adequate power.

“All of that has to tie together,” Brandon says. “And that’s what makes Nashville special – the cooperation between the public and private sectors.”

Other factors that appeal to relocating businesses are low property taxes and utility costs, and economic diversity.

“The cost of living is a big factor,” Brandon says. “Not having a state income tax is a huge advantage for our state.”

Wolcott notes the myriad transportation options in the area as another factor.

“We’ve gone from a manufacturing city with local and regional distribution to a manufacturing city with local, regional and national distribution,” he says. “Nashville fares

NASHVILLE

well because of its central location. You’ve got six interstate legs to serve various markets, and the inbound costs and outbound costs are favorable.”

But Nashville isn’t the only target on companies’ radar screens. Doug Brandon sees many hot spots across the Middle Tennessee region.

“Williamson County is really on fire, along with Wilson County, Hendersonville and Gallatin,” he says.

And the quality of life in both Nashville and the outlying areas is another reason that so many companies come calling.

“Employers are amazed at the quality of life their employees can have here,” he continues. “This is not just a one-pony town.

We’ve got pro sports, top-level colleges, a huge health-care system and, of course, the music business. If you want to go to the Schermerhorn Symphony Center on a Tuesday night you can do that, or if you want to go watch the Nashville Sounds [minor league baseball team] play, you can do that, too.”

And Wolcott says it doesn’t look like things will slow down any time soon.

“You’re going to see continued growth and expansion of distribution companies driven by existing companies and ones relocating here, especially from the Northeast,” he says.

– Kimberly Daly

NASHVILLEAREAECONOMICGUIDE.COM

57

Office Furniture at Work 111 10th Ave. S., Ste. 302 Nashville, TN 37203 (615) 515-2010 www.synergybe.com

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acreage index

Nashville Area Economic & Site Guide

Acreage Index The following properties are available for sale in the Nashville area. The Acreage Index is organized in ascending order of property size. The Site Guide is organized first by type of property, then county (in alphabetical order), then by property size (in ascending order). Columns should be read down first, rather than left to right.

Note: These listings were provided by the Nashville Area Chamber of Commerce and were considered correct at the time of publication (May 2008).

However, due to the nature of real estate, the information and availability may change during the lifetime of this publication, and accuracy cannot be guaranteed. We suggest you contact the agent listed to verify availability or to request further information.

OFFICE

18 5.02 acres, Davidson ................................... 64

44 65 acres, Robertson ..................................... 72

50 5.27 acres, Rutherford ................................ 73

30 65.37 acres, Davidson ................................. 67

19 6.29 acres, Davidson ................................... 64

65 66.8 acres, Sumner ....................................... 76

20 7.24 acres, Davidson ................................... 64

45 75.29 acres, Robertson ............................... 72

69 9.06 acres, Wilson ........................................ 77

41 880 acres, Montgomery .............................. 70

21 9.44 acres, Davidson .................................. 64

53 95 acres, Rutherford .................................... 74 39 100 +/- acres, Montgomery ....................... 70

10-25 ACRES 70 10.42 acres, Wilson ....................................... 77

54 100+ acres, Rutherford ............................... 74

22 13.25 acres, Davidson .................................. 65

66 100 acres, Sumner ........................................ 76

23 14.20 acres, Davidson .................................. 65

75 100 acres, Wilson .......................................... 78

24 17.34 acres, Davidson .................................. 66 71 18.74 acres, Wilson ....................................... 78 58 18.9 acres, Sumner ........................................ 75 51 20 acres, Rutherford .................................... 73 59 20-60 acre tracts, Sumner ......................... 75 43 21 acres, Robertson ....................................... 71

6 1 to 40 acres, Williamson ............................ 62 7 1.5-2.0 acres, Williamson ............................ 62 8 2.72 acres, Williamson ................................ 62 9 3.44 acres, Williamson ................................ 62

33 22 to 125+ acres, Dickson ........................... 68 25 22.4 acres, Davidson .................................... 66 72 24 acres, Wilson ............................................ 78 60 25 acres, Sumner ........................................... 75

1 3.9 acres on two sites, Davidson ............... 61 2 5.5 acres, Davidson ....................................... 61 3 5.9 acres, Davidson ....................................... 61 4 6.54 to 30.63 acres, Davidson ................... 61 10 7.27 acres, Williamson ................................. 62 5 9.14 acres, Davidson ..................................... 61 11 93 acres, Williamson .................................... 63

INDUSTRIAL/LAND LESS THAN 10 ACRES 13 0.91 to 22.36 acres, Davidson ................... 63

OVER 100 ACRES 76 103.9 acres, Wilson ....................................... 78 77 109.18 acres, Wilson ..................................... 79 46 110 acres, Robertson .................................... 72 31 120 acres, Davidson ..................................... 67 55 138 acres, Rutherford .................................. 74 56 139.72 acres, Rutherford ............................. 74 78 164 acres, Wilson .......................................... 79 32 174 +/- acres, Davidson ............................... 68 79 190 acres, Wilson .......................................... 79

26-50 ACRES

80 200 acres, Wilson ......................................... 79

61 28.4 acres, Sumner ....................................... 75

40 215 acres, Montgomery ............................... 70

35 30 to 90 acres, Maury .................................. 68

36 261 acres, Maury ............................................ 69

12 30.56 acres, Cheatham ............................... 63

47 270 acres, Robertson .................................. 72

26 32.7 acres, Davidson .................................... 66

81 282 acres, Wilson .......................................... 79

62 35 acres, Sumner ........................................... 75

38 300 acres, Montgomery ............................. 70

73 35 acres, Wilson ............................................ 78

82 300 acres, Wilson ......................................... 79

27 36 acres, Davidson ....................................... 66

48 400 acres, Robertson .................................. 72

63 45.5 acres, Sumner ....................................... 75 64 50 acres, Sumner .......................................... 76

37 422 acres, Maury ........................................... 69 34 600 acres, Dickson ....................................... 68

14 1 to 7 acres, Davidson .................................. 63

51-100 ACRES

67 600 acres, Sumner ....................................... 77

15 3.74 acres, Davidson .................................... 63

52 57 acres, Rutherford .................................... 73

83 695 acres, Wilson ......................................... 80

16 4 to 9 acres, Davidson ................................ 64

74 58.7 acres, Wilson ......................................... 78

49 810 acres, Robertson ................................... 72

17 4.5 acres, Davidson ..................................... 64

28 64 acres, Davidson ....................................... 66

68 827 acres, Sumner ........................................ 77

57 4.5 acres, Sumner ......................................... 74

29 64.23 acres, Davidson ................................. 66

42 1,187 acres, Montgomery ............................ 70

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59

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site guide DAVIDSON

DAVIDSON

Office Listings The following sites are office listings. For more information on the properties, use the numbers to find the corresponding listing in the following pages.

24

2 Briley Corners 70

1,2,4,5

Nashville N shv v e vil 3

40

40

DAVIDSO N Forest Hills ls

Oak O ak H Hill ll 65

24

431 3

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DAVIDSON

4 Century City Lots, Airport North

20 BRIDGESTONE PARK, NASHVILLE, 37214 Acreage: 5.5

NASHVILLE, 37214 Acreage: 6.54- to 30.63-acre lots

Description: Zoning – Office limited; Access – Visibility and quick access to Briley Parkway; Site can accommodate office user up to 90,000 SF; Utilities – Gas, water, sewer, electric Contact: Jeff Haynes, (615) 550-5578, jhaynes@boyle.com; Thomas McDaniel, (615) 550-5579, tmcdaniel@boyle.com, Boyle

Price: $1,200,000 per acre Description: Zoning – Commercial services; Access – Visibility and immediate access to I-40 and Briley Parkway; Utilities – Gas, water, sewer, electric Contact: Mark Traylor, (615) 550-5581, mtraylor@boyle. com; Grant Kinnett, (615) 550-5582, gkinnett@boyle.com, Boyle

Office

NASHVILLE

Description: Topography – Sloping; Zoning – CS and IWD; Access – In place; Utilities – Gas, water, sewer, electric Contact: Gilbert Smith, (615) 833-8716, gsmith@southeastventure.com, Southeast Venture

DAVIDSON

DAVIDSON

1 Briley & I-40 729 BRILEY PKWY., NASHVILLE, 37217 Acreage: 3.9 on two sites

Price: $875,000 to $1,500,000

5 Lakeview IV Land CENTURY BOULEVARD, NASHVILLE, 37214 Acreage: 9.14

3 MAC ROYAL PARKWAY NASHVILLE, 37214 Acreage: 5.9

Price: $3,185,104

Price: $1,542,024 Description: CS Contact: Doug Howard, dhoward@ctmt.com, Colliers TMT

Description: Topography – Flat; Zoning – CPUD; Access – Century Boulevard; Utilities – Gas, water, sewer, electric, fiber Contact: Doug Howard, dhoward@ctmt.com, Colliers TMT

Industrial/Land

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61

site guide WILLIAMSON

7,9,10

40 96

431

WILLIAMSON

65 31

96

WILL I AM SO N

Franklin ra k 8

11

96

6 840

WILLIAMSON

7 Meridian Cool Springs 1150 MERIDIAN BLVD., FRANKLIN, 37067 Acreage: 1.5 - 2.0 Price: Ground Lease, several sites available Description: Zoning – Commercial PUD; Access – Visibility and quick access to I-65; Site can accommodate restaurant user up to 7,700 SF; Utilities – Gas, sewer, water, electric and fiber

6 Berry Farms I-65 & GOOSE CREEK BYPASS, FRANKLIN, 37064 Acreage: 1 to 40 of office/retail

Contact: Mark Traylor, (615) 550-5581, mtraylor@boyle.com; Grant Kinnett, (615) 550-5582, gkinnett@boyle.com, Boyle

Description: Topography – Rolling; Zoning – Commercial PUD; Access – Visibility and quick access to I-65 and Goose Creek Bypass; Utilities – Gas, water, sewer, electric, fiber

9 Meridian Cool Springs 5000 MERIDIAN BLVD., FRANKLIN, 37067 Acreage: 3.44 Description: Zoning – Commercial PUD; Access – Visibility and quick access to I-65; Site can accommodate office user up to 175,000 SF; Utilities – Gas, water, sewer, electric, fiber Contact: Jeff Haynes, (615) 550-5578, jhaynes@boyle.com; Thomas McDaniel, (615) 550-5579, tmcdaniel@boyle.com, Boyle

WILLIAMSON

WILLIAMSON

Contact: Phil Fawcett, (615) 550-5580 pfawcett@boyle. com; Jeff Haynes, (615) 550-5578, jhaynes@boyle.com; Thomas McDaniel, (615) 550-5579, tmcdaniel@boyle.com, Boyle 10 2550 Meridian Blvd.

FRANKLIN, 37067 Acreage: 7.27 8 Energy Park Land 377 RIVERSIDE DR., FRANKLIN, 37067 Acreage: 2.72 Price: $700,000 Description: Zoning – Interstate commercial; Access – Rt. 96 and access I-65; Utilities – At site Contact: Land Deleot, (615) 301-2925, ldeleot@ctmt.com, Colliers TMT

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Price: Build-to-suit or land only Description: Zoning – General Office; Access – Quick access to I-65 and Hwy 96; Utilities – Gas, water, sewer, electric, fiber Contact: Mike Hickey, (615) 403-9807, mhickey@pinnaclerealtyllc.com; Bill Tisdale, (615) 887-9579, btisdale@pinnaclerealtyllc.com; Russ Barger, (615) 481-7272, rwbarger@pinnaclerealtyllc.com, Pinnacle Realty

NASHVILLE

WILLIAMSON

12 Industrial Land

DAVIDSON

HIGHWAY 12, ASHLAND CITY, 37015 Acreage: 30.56 Price: $1,500,000 Description: Topography – Flat, partially graded; Zoning – IR; Access – Hwy. 12 South to Briley Parkway; Utilities – At site Contact: Robby Davis, (615) 301-2920, Rdavis@ctmt.com, Colliers TMT 11 McEwen Drive at Mallory Lane

14 Royal Park Business Center Airport North

FRANKLIN, 37067 Acreage: 93

NASHVILLE, 37214 Acreage: 1 to 7

Description: Zoning – Planned commercial; Access – I-65; Utilities – Gas, water, sewer, electric, fiber Contact: Lacey Fangue, (615) 778-3231, lacey.fangue@ southernland.com, Southern Land

30 23 31 22

40

Industrial/ Land Listings

Description: Topography – Flat; Zoning – IWD; Access – In place; Utilities – Gas, water, sewer, electric

24

25 16, 32 13 22 17 18

15 14 40 19 27 28

21

DAV I DS O N Forest Hills ls

Oak O ak H Hill ll 65

24 26 29

431 3

The following sites are industrial or land listings. For more information on the properties, use the number to find the corresponding listing in the following pages.

Contact: Axson West, (615) 833-8716, awest@southeastventure.com, Southeast Venture

70

Nashville N shv v e vil

24

La a Verg V g

DAVIDSON

31

Franklin ra k

DAVIDSON 24

C HE ATH A M Ashland dC City 12

15 541 Spence Lane NASHVILLE, 37210 Acreage: 3.74

40

Price: $499,271.84

CHEATHAM

Description: Zoning – IR; Access – Frontage on Spence Lane; Utilities – At site

13 MetroCenter NASHVILLE, 37228 Acreage: 0.91 to 22.36 Description: Topography – Flat; Zoning – IWD; Access – In place; Utilities – Gas, water, sewer, electric

Contact: Chad Tuck, (615) 301-2830 ctuck@ctmt.com, Colliers TMT

Contact: Jimmy Pickel, (615) 833-8716, jpickel@southeastventure.com, Southeast Venture

NASHVILLE

NASHVILLEAREAECONOMICGUIDE.COM

63

site guide DAVIDSON

DAVIDSON

DAVIDSON

16 Rivergate Industrial Park

18 420 Green Ln.

20 Sutherland Drive @ I-65

690 MYATT DR., NASHVILLE, 37115 Acreage: 4 to 9

WHITES CREEK, 37189 Acreage: 5.02

NASHVILLE, 37027 Acreage: 7.24

Description: Topography – Flat; Zoning – IR; Access – Hwy. 31; Utilities – Gas, water, sewer, electric

Price: $699,000

Price: $500,000

Description: Topography – Level; Zoning – IWD; Access – Good frontage, near Briley Parkway; Utilities – Gas, water, sewer, electric

Description: Zoning – IWD; Access – I-65; Utilities – In place

Contact: Ben Goodwin, (615) 346-0290, bgoodwin@knestrick.com, Knestrick Properties

Contact: Brent Basham, (615) 727-7406, bbasham@ncres.com, Nashville Commercial

Contact: Chad Tuck, (615) 301-2829, ctuck@ctmt.com, Colliers TMT

DAVIDSON

DAVIDSON DAVIDSON

21 2300 Clifton Ave. NASHVILLE, 37209 Acreage: 9.44

17 Myatt & Fant Industrial Drive LOT 2, NASHVILLE, 37115 Acreage: 4.5 Price: $500,000/$111,000 per acre Description: Topography –Relatively flat site; Zoning – Industrial; Access – I-65, Myatt Drive; Utilities – All utilities to site Contact: Randy Wolcott, (615) 376-3248, rwolcott@pvcre.com, Proventure

19 718 Murfreesboro Rd.

Price: $95,000 per acre

NASHVILLE, 37210 Acreage: 6.29

Description: Topography – Flat; Zoning – IR; Access – 3 miles to I-40, 0.5 miles to Charlotte Avenue; Utilities – Gas, water, sewer, electric

Price: $2,500,000/$397,456 per acre Description: Topography – Level; Zoning – IR; Access – 915 ft. frontage along I-24 at I-40, Arlington Avenue, frontage on Murfreesboro Road; Utilities – Gas, water, sewer, electric

Contact: Buist Richardson, (615) 727-7400, brichardson@ncres.com, Nashville Commercial

Contact: Mike Russell, SIOR, (615) 300-7114, mrussell@horrellcompany.com; Ben McKnight, (615) 300-7545, bmcknight@horrellcompany.com, Horrell Company

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DAVIDSON

furniture solutions for any environment collaborate

22 John Merritt Blvd. at

MARS

BELMONT

DaVita

LIPSCOMB

University University

Centennial Blvd.

NASHVILLE, 37209 Acreage: 13.25 Price: $1,200,000 Description: Zoning – IWD; Access – I-24 South, Briley Parkway via Centennial Boulevard; Utilities – Water, electricity

communicate

CMT

NHC create

Contact: Chad Tuck, (615) 301-2829, ctuck@ctmt.com, Colliers TMT

BONE MC A LLESTER NORTON LLC

WL

DAVIDSON

Waller Lansden Waller Lansden Dortch & Davis

(615) 885-3300 www.fpifurniture.com

23 Ashland City Highway NASHVILLE, 37218 Acreage: 14.20 Price: $1,349,000

questions

answers

Description: Topography – Flat, rocky, graded; Zoning – IR; Access – Hwy. 12 South to Briley Parkway; Utilities – At site Contact: Charley Hankla, (615) 301-2837, chankla@ctmt.com, Colliers TMT ©2002 American Cancer Society, Inc.

8 0 0 . A C S . 2 3 4 5 / c a n c e r. o r g

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65

site guide DAVIDSON

DAVIDSON

24 4357 Hurricane Creek

26 The Crossings Development

LA VERGNE, 37013 Acreage: 17.34

ANTIOCH, TN 37013 Acreage: 32.7

Price: $64,000 per acre

Price: $7,122,060

Description: Zoning – IR; Access – Murfreesboro Road; Utilities – Gas, water, sewer, electric.

Description: Ind, Ret, Multi-Fam

Contact: Ben Goodwin, (615) 346-0291, bgoodwin@knestrick.com, Knestrick Properties

Contact: John Ward, (615) 301-2834, Jward@ctmt.com, Colliers TMT

DAVIDSON

DAVIDSON

28 Couchville Pike at Airpark East Drive NASHVILLE, 37217 Acreage: 64 Price: $175,000 per acre Description: Topography – Predominantly flat; Zoning – IWD; Access – I-40 via Donelson Pike 4.8 miles; I-24 via Harding Place - 5 miles; Utilities – Gas, water, sewer, electric Contact: Lonnie Russell, (615) 884-2311, lonnie.russell@dukerealty.com, Duke

DAVIDSON

DAVIDSON

27 1510 Elm Hill Pike., RTS NASHVILLE, 37210 Acreage: 36 25 West Trinity Lane NASHVILLE, 37207 Acreage: 22.4 Price: $4,500,000 Description: Zoning – MUL; Access – I-65N & Trinity Lane, great access and visibility

Price: $1,600,000 Description: Zoning – IR/R-10; Access – Close proximity to I-40, Elm Hill Pike; Utilities – At site Contact: Ronnie Wenzler, (615) 301-2803, rwenzler@ctmt.com, Colliers TMT

Contact: Brent Basham, (615) 727-7406, bbasham@ncres.com, Nashville Commercial

29 Burkitt Land OLD HICKORY BOULEVARD, ANTIOCH, 37013 Acreage: 64.23 Price: $60,719 per acre Description: Topography – Rolling; Zoning – IWD; Access – Just off I-24, near Murfreesboro Road; Utilities – Gas, water, sewer Contact: Clinton Gilbreath, (615) 248-1119, cgilbreath@cbre.com, CB Richard Ellis

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NASHVILLE

DAVIDSON

30 Briley & Brick Church Lane NASHVILLE, 37207 Acreage: 65.37 Price: $975,000/$15,000 per acre Description: Access – 1 mile to I-24, adjacent to Briley Parkway; Utilities – All utilities Contact: Terry Smith, (615) 850-2724, tsmith@mathewspartners.com, NAI Nashville

DAVIDSON

31 County Hospital Road NASHVILLE, 37218 Acreage: 120 Price: $35,000 per acre

Save Money. Smell the Flowers.

Description: Zoning – RES, Potential IWD zoning; Access – Briley Parkway & County Hospital Road Contact: Brent Basham, (615) 727-7406, bbasham@ncres.com, Nashville Commercial

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NASHVILLE

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67

site guide DICKSON

DAVIDSON

Spring S p Hill

MAURY 431

396

36

412 43

35 C Columbia olum

37

Mount Pleasant M s

65

31

32 ABC Old Hickory 631 BURNETT RD., OLD HICKORY, 37138 Acreage: 174 +/Price: $45,000 per acre Description: Topography – Favorable; Zoning – IG; Access – Highway access via Old Hickory Boulevard (SR 45), 8 miles from I-65, 10 miles from I-40; Utilities – None Contact: Don Kent, (615) 248-1108, don.kent@cbre.com, CB Richard Ellis

33 Dickson County Industrial Park 130 WARREN G. MEDLEY DR., DICKSON, 37055 Acreage: 22 to 125+ Price: $15,000-35,000 per acre Description: Topography – Pad Ready; Zoned Industrial; Access – 4 miles from I-40; Utilities – Gas, Sewer, Water & Electric Contact: David Hamilton, (615) 446-2349, david@dicksoncountychamber.com, Dickson County Chamber

35 Northpointe Industrial Park

Slayden DICKSON

DICKSON 33

Dickson D son Burns 46

US HWY. 31 & NORTHPOINTE BOULEVARD, COLUMBIA, 38401 Acreage: 30 to 90 Description: Zoning – Industrial; Access – 11 miles to interstate, 0.25 miles to highway; Utilities – Gas, water, sewer, electric

Charlotte

70

MAURY

Contact: Frank Tamberrino, (931) 388-2155, frank@mauryalliance.com, Maury Alliance

34

40

34 Turnball Park, Hogan Road DICKSON, 37055 Acreage: 600 Description: Zoning – Industrial; Access – Adjacent to SR-840, 3 miles to Hwy. 46/I-40 exit; Utilities – Electric, water, gas, on-site disposal system Contact: Michael Stevenson, michael@unitedstatesequities.com, United States Equities

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NASHVILLE

MAURY

36 Royal Park Site ROYAL PARK BOULEVARD & KEDRON ROAD, SPRING HILL, 37174 Acreage: 261 Description: Topography – Flat; Zoning – Industrial and commercial; Access – 0.7 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric Contact: Frank Tamberrino, (931) 388-2155, frank@mauryalliance.com, Maury Alliance

MAURY

Sometimes winning a race is not about beating 37 Cherry Glenn Industrial Park HWY. 43 & WILLIAM SPRINGS ROAD, MT. PLEASANT, 38474 Acreage: 422

the other runners.

It’s about honoring survivors and those who’ve lost the battle. It’s about raising funds for research, education, screening

Price: $10,000 per acre Description: Topography – Level; Zoning – Industrial; Access – 18 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric Contact: Frank Tamberrino, (931) 388-2155, frank@mauryalliance.com, Maury Alliance

NASHVILLE

and treatment. The Komen Race for the ®

Cure is about support, not competition. ®

Join us at komen.org or 1.800 I’M AWARE .

This space provided as a public service. ©2004, The Susan G. Komen Breast Cancer Foundation.

NASHVILLEAREAECONOMICGUIDE.COM

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site guide MONTGOMERY 24

79

40, 42

374 38

Clarksville vi e 41A

MONTGOMERY

41

39

MO N TG O M E RY

MONTGOMERY

39 Matthews/Tucker Port Site

41 Corporate Business Park

HWY. 41A & HWY. 12 EAST, CLARKSVILLE, 37142 Acreage: 100 +/-

I-24 AT EXIT #8, (SR-237), CLARKSVILLE, 37043 Acreage: 880

Price: Negotiable

Price: Negotiable

Description: Zoning – Industrial; Access – 8 miles to interstate, mile 135 on Cumberland River, 0.25 miles to highway; Utilities – Electric

Description: Zoning – Industrial; Access – Adjacent to interstate, 1 mile to highway; Utilities – Gas, water, sewer, electric

Contact: Mike Evans, (931) 647-2331, cmcidb@clarksville.tn.us, Montgomery County ECD

Contact: Mike Evans, (931) 647-2331, cmcidb@clarksville.tn.us, Montgomery County ECD

38 SIRCO Property 4635 HWY. 79 N., CLARKSVILLE, 37040 Acreage: 80

MONTGOMERY MONTGOMERY

Price: Negotiable Description: Zoning – Industrial; Access – 5 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric Contact: Mike Evans, (931) 647-2331, cmcidb@clarksville.tn.us, Montgomery County ECD 40 Clarksville Industrial Park HWY. 79 N. & JIM JOHNSON ROAD, CLARKSVILLE, 37040 Acreage: 215 Price: Build-to-suit or land only Description: Zoning – Industrial; Access – 4 miles to interstate, adjacent to highway; Utilities – Electric Contact: Dave McGheran, (615) 301-2810, dmcgahren@ctmt.com, Colliers TMT

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42 Commerce Park,

Central Tennessee’s Megasite HWY. 79 N. & JIM JOHNSON ROAD, CLARKSVILLE, 37040 Acreage: 1,187 Price: Negotiable Description: Zoning – Industrial; Access – 4 miles to interstate, adjacent to highway; Utilities – Electric Contact: Mike Evans, (931) 647-2331, cmcidb@clarksville.tn.us, Montgomery County ECD

NASHVILLE

48

431

Orlinda

R O B E RTS O N 44

31W

49

46

41

49

65

Springfield Sp p 76

47

Wh W hit h ite House

45

43

Coopertown Co e ow

Greenbr brie br rie ie er

24

31W 41

ROBERTSON

43 Tate Site INDUSTRIAL DRIVE WHITE HOUSE, 37188 Acreage: 21 Price: Negotiable Description: Zoning – Industrial; Access – Adjacent to interstate, 0.5 miles to highway; Utilities – Gas, water, sewer, electric Contact: Margo Fosnes, (615) 384-3800, mfosnes@robertsonchamber.org, Robertson County Chamber of Commerce

Integrity Experience Service A Tradition of Excellence for over forty years

www.FridrichandClark.com

Can you imagine … a world without children?

We Can’t.

Call 1-800-996-4100 to help. www.stjude.org

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site guide ROBERTSON

ROBERTSON

ROBERTSON

44 Industrial Park North

46 York Road

48 TN-KY Industrial Park

HWY. 41 N. & PINNACLE DRIVE, SPRINGFIELD, 37172 Acreage: 65

COOPERTOWN, 37172 Acreage: 110

PORTLAND, 37148 Acreage: 400

Price: $2,000,000/$18,182 per acre

Price: $50,000 per acre

Price: $15,000 per acre

Description: Topography – Large flat site; Zoning – Industrial; Access – I-24 and Hwy. 49; Utilities – Water, gas and electric to site

Description: Topography – Flat; Zoning – IG; Access – Adjacent to I-65; Utilities – All utilities available

Description: Zoning – Industrial; Access – 18 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric Contact: Margo Fosnes, (615) 384-3800, mfosnes@robertsonchamber.org, Robertson County Chamber of Commerce

Contact: Randy Wolcott, (615) 376-3248, rwolcott@pvcre.com, Proventure

Contact: J.P. Lowe, CCIM, (615) 345-7212, jplowe@chco.com; Tim Quinn, CCIM, (615) 345-7217, tquinn@chco.com, Chas. Hawkins Company Inc.

ROBERTSON ROBERTSON

ROBERTSON

47 Jackie Guthrie Site

45 Jackson Land on

Tom Austin Highway SPRINGFIELD, 37172 Acreage: 75.29 Price: $2,258,700 Description: Zoning – Office; Access – I-24, I-65; Utilities – All Contact: Chris Schmeisser, (615) 301-2808, cschmeisser@ctmt.com, Colliers TMT

72

INDUSTRIAL DRIVE & BILL JONES DRIVE, SPRINGFIELD, 37172 Acreage: 270 Price: $20,000 per acre Description: Zoning – Industrial; Access – 15 miles to interstate, 0.5 miles to highway; Utilities – Gas, water, sewer, electric Contact: Margo Fosnes, (615) 384-3800, mfosnes@robertsonchamber.org, Robertson County Chamber of Commerce

NASHVILLEAREAECONOMICGUIDE.COM

49 Lloyd Keyt Site HWY. 41 N. & W. JOHNSON ROAD, SPRINGFIELD, 37172 Acreage: 810 Price: $20,000 per acre Description: Zoning – Industrial; Access – 18 miles to interstate, adjoining to highway; Utilities – Gas, water, sewer, electric Contact: Margo Fosnes, (615) 384-3800, mfosnes@robertsonchamber.org, Robertson County Chamber of Commerce

NASHVILLE

site guide RUTHERFORD

RUTHERFORD

La L a Vergn Vergne ergne ne 840

51

R UT H ERF O RD 24

96

Murfreesboro M

52

56 54, 55

41

53

70S

50

Eagleville 231

RUTHERFORD

51 Enon Springs Road

52 I-24 East & Almaville Road

SMYRNA, 37167 Acreage: 20

SMYRNA, 37167 Acreage: 57

Price: $90,000 per acre

Price: $1,700,000/$29,825 per acre

Description: Topography – Level; Zoning – Potential I-2; Access –5 miles to I-24, Almaville Road; Utilities – Gas, water, sewer, electric

Description: Zoning – Industrial; Utilities – All utilities available

Contact: Buist Richardson, (615) 727-7400, brichardson@ncres.com, Nashville Commercial

Contact: J.P. Lowe, CCIM, (615) 345-7212, jplowe@chco.com; Robert Stout, (615) 345-7210, rstout@chco.com, Chas. Hawkins Company, Inc.

50 460 Butler Rd. MURFREESBORO, 37127 Acreage: 5.27 Price: $85,000 per acre Description: Topography – Level; Zoning – Industrial; Access – 1 mile off 231 S., 2 miles from I-24, off South Church Street in Murfreesboro; Utilities – All available Contact: Mike Russell, SIOR, (615) 300-7114, mrussell@horrellcompany.com; Ben McKnight, (615) 300-7545, bmcknight@horrellcompany.com, Horrell Company

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site guide RUTHERFORD

RUTHERFORD 67

Portland

31W

52

58

65

109 0

S UM NER

66

31E

White House 68

63, 64

Gal Gallatin G

67 57

62 60 65

Hendersonville lle 59

53 Murfree Site

55 Corporate Woods

MURFREESBORO, 37130 Acreage: 95

I-24 & JOE B. JACKSON PARKWAY, MURFREESBORO, 37127 Acreage: 138

Description: Zoning – Industrial; Access – 1 mile to I-24 Contact: Holly Sears, (615) 893-6565, hsears@rutherfordchamber.org, Rutherford County Chamber

SUMNER

Description: Zoning – Heavy industrial; Access – Frontage on I-24 and Joe B. Jackson Parkway; Utilities – Gas, water, sewer, electric Contact: Johnny Jones, (615) 895-7300, jonescore@aol.com, The Jones Company

RUTHERFORD RUTHERFORD 57 Avondale AVONDALE DRIVE AND SAUNDERSVILLE ROAD, HENDERSONVILLE, 37075 Acreage: 4.5 Price: $3,100,000 Description: Zoning – GCS Pud; Access – Vietnam Veterans Parkway at Saundersville Road 54 Elam Farms I-24 & JOE B. JACKSON PARKWAY, MURFREESBORO, 37127 Acreage: 100+ Price: Build-to-suit or land only Description: Zoning – Heavy industrial; Access – Frontage on I-24 and Joe B. Jackson Parkway; Utilities – Gas, water, sewer, electric Contact: Dave McGheran, 615-301-2810, dmcgahren@ctmt.com, Colliers TMT

74

56 Lassiter Land LEE LANE MURFREESBORO, TN 37127 Acreage: 139.72

Contact: Dean Jacobs, (615) 822-3509, djacobs@haloprop.com, Halo Realty

Price: $5,588,800 Description: ag Contact: John Ward, (615) 301-2834, Jward@ctmt.com, Colliers TMT

NASHVILLEAREAECONOMICGUIDE.COM

NASHVILLE

site guide SUMNER

SUMNER

SUMNER

58 Buntin Property

60 Baker’s Crossing

62 Tiessler Property

HWY. 52 & 31 W., PORTLAND, 37148 Acreage: 18.9

NASHVILLE PIKE, GALLATIN, 37066 Acreage: 25

CAIRO ROAD, GALLATIN, 37066 Acreage: 35

Price: $35,000 per acre

Price: $3,500,000

Description: Zoning – Industrial; Access – 0.75 mile to interstate, adjoining to highway; Utilities – Gas, water, sewer, electric

Description: Zoning – MU; Access – Nashville Pike (US Highway 31E)

Description: Zoning – Industrial; Access – 13 miles to interstate, 2 miles to highway; Utilities – Gas, water, sewer, electric

Contact: Jeb Atkinson, (615) 221-6627, jatkinson@pvcre.com, Proventure

Price: $700,000/$20,000 per acre

Contact: Tim Hale, (615) 822-3509, thale@haloprop.com, Halo Realty

SUMNER SUMNER

SUMNER

59 Indian Lake Village INDIAN LAKE BOULEVARD & MIR PARKWAY, HENDERSONVILLE, 37075 Acreage: West Side – up to 20-acre tract, Northwest – up to 40-acre tract, East End – up to 60-acre tract Price: Negotiable – varies on location. Range: $350,000-$1,000,000/acre Description: Zoning – GCS Pud; Access – on Vietnam Veterans Parkway

Contact: Clay Walker, (615) 451-5940, ecdev@bellsouth.net, Gallatin ECD

61 Springfield Highway GOODLETTSVILLE, 37072 Acreage: 28.4

63 Donelly/Lojac Site 801 STEAM PLANT RD., GALLATIN, 37066 Acreage: 45.5

Price: $1,294,983 Description: Zoning – IR; Access – next to USF Holland

Price: $30,000 per acre

Contact: Wes Thomas, (615) 727-7429, wthomas@ncres.com, Nashville Commercial

Description: Zoning – Industrial; Access – 12 miles to interstate, 2 miles to highway; Utilities – Gas, water, sewer, electric Contact: Clay Walker, (615) 451-5940, ecdev@bellsouth.net, Gallatin ECD

Contact: Dean Jacobs, (615) 822-3509, djacobs@haloprop.com, Halo Realty

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SUMNER

64 Lucy Soper Bruce Site AIRPORT BOULEVARD & STEAM PLANT ROAD, GALLATIN, 37066 Acreage: 50 Price: $650,000/$15,000 per acre Description: Topography – Rolling; Zoning – Industrial; Access – 15 miles to interstate, 1 mile to highway; Utilities – Gas, water, sewer, electric Contact: Clay Walker, (615) 451-5940, ecdev@bellsouth.net, Gallatin ECD

SUMNER

65 Airport & Coles Ferry Road GALLATIN, 37066 Acreage: 66.8 Price: $15,000 per acre Description: Zoning – Industrial; Access – 15 miles to I-40, 1.5 miles to Hwy. 109; Utilities – Gas, water, sewer, electric Contact: Clay Walker, (615) 451-5940, ecdev@bellsouth.net, Gallatin ECD

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site guide WILSON

SUMNER

SUMNER

66 Johnson Site

68 Sadler/Bowles Property

HWY. 109 N., PORTLAND, 37148 Acreage: 100

HWY. 109 & OLD DOUGLAS ROAD, GALLATIN, 37066 Acreage: 827

Description: Zoning – Agricultural; Access – 3 miles to interstate, adjacent to highway; Utilities – Gas, water, electric Contact: Denise Geminden, (615) 325-6776, geminden@ cityofportlandtn.gov, City of Portland

Price: Negotiable

69 Land at Eastgate Tech Center 6200 E. DIVISION ST., LEBANON, 37090 Acreage: 9.06 Price: $1,041,900

Description: Topography – Flat; Zoning – Agricultural; Access – 14 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric

Description: Zoning – Industrial; Access – I-40 and SR-840; Utilities – At site

Contact: Clay Walker, (615) 451-5940, ecdev@bellsouth. net, Gallatin ECD

Contact: John Ward, (615) 301-2834, Jward@ctmt.com, Colliers TMT

SUMNER WILSON 69,80, 81,82, 83

70

70 77 40

40

L banon Lebanon 74

75 79

72 70

71

231

Watertown 840 84

WILSON 73,76, 78

67 Bill Collins Site 1167 PAYNE RD., PORTLAND, 37148 Acreage: 600 Description: Zoning – Agricultural; Access – 4 miles to interstate, 0.5 miles to highway; Utilities – Gas, water, electric Contact: Denise Geminden, (615) 325-6776, geminden@ cityofportlandtn.gov, City of Portland

NASHVILLE

70 1109 Leeville Pike LEBANON, 37087 Acreage: 10.42 Price: $2,269,476 Description: Zoning – Agricultural; Access – I-40 and SR-840; Utilities – At site Contact: Ronnie Wenzler, (615) 301-2803, rwenzler@ctmt.com, Colliers TMT

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site guide WILSON

WILSON

71 Tennessee Boulevard

73 SR-840 & Couchville Pike

WATERTOWN INDUSTRIAL PARK, WATERTOWN, 37184 Acreage: 18.74

LEBANON, 37090 Acreage: 35

Price: Negotiable

Description: Topography – Level; Zoning – Industrial; Access – 5 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric

Description: Topography – Relatively flat; Zoning – Industrial; Access – 13 miles to interstate, 0.25 miles to highway; Utilities – Gas, water, sewer, electric Contact: G.C. Hixson, (615) 443-1210, gchixson@doingbiz.org, JECD

Price: Negotiable

Contact: G.C. Hixson, (615) 443-1210, gchixson@doingbiz.org, JECD

WILSON

WILSON

75 Nashville East Logistics Center SR-840 & COUCHVILLE PIKE, MT. JULIET, 37122 Acreage: 100 Price: Negotiable Description: Topography – Level; Zoning – Industrial; Access – 10 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric Contact: G.C. Hixson, (615) 443-1210, gchixson@doingbiz.org, JECD

WILSON WILSON

74 Commerce Farms 72 Maddox Simpson Parkway LEBANON SMART PARK, LEBANON, 37090 Acreage: 24 Price: Negotiable Description: Topography – Relatively flat; Zoning – Industrial; Access – 1 mile to interstate, < 1 mile to highway; Utilities – Gas, water, sewer, electric

LEBANON, 37088 Acreage: 58.7 Price: Build-to-suit or land only Description: Topography – Level; Zoning – Industrial; Access – 3 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric Contact: Dave McGheran, 615-301-2810, dmcgahren@ctmt.com, Colliers TMT

Contact: G.C. Hixson, (615) 443-1210, gchixson@doingbiz.org, JECD

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76 840 & Couchville Pike LEBANON, 37090 Acreage: 103.9 Price: Call for pricing Description: Zoning – Industrial; Access – Adjacent to SR-840; Utilities – All Contact: Buist Richardson, (615) 727-7400, brichardson@ncres.com, Nashville Commercial

NASHVILLE

site guide WILSON

WILSON

WILSON

77 Beckwith Farms

79 Rockdale Industrial Park

81 111 Safari Camp Road

BECKWITH RD/I-40, MT. JULIET, 37122 Acreage: 109.18

HWY 209/I-840, LEBANON, 37090 Acreage: 190

LEBANON, 37088 Acreage: 282

Price: Build-to-suit or land only

Price: $7,755,000/$27,500 per acre

Description: Topography – Level; Zoning – Industrial; Access – 3 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric

Description: Topography – Hilly; Zoning – Industrial; Access – Adjacent to I-40, 1.8 miles to interchange, I-40 between Hwy. 109 and SR-840; Utilities – Gas, water, sewer, electric

Description: Topography - Gently rolling. Zoning-Industrial. Adjacent to I-40. Utilities - All Contact: Dave McGheran, 615-301-2810, dmcgahren@ctmt.com, Colliers TMT

Contact: Dave McGheran, 615-301-2810, dmcgahren@ctmt.com, Colliers TMT

Contact: Brian Tilton, (615) 850-2700, NAI Nashville

WILSON WILSON WILSON

78 Opus Site, S.E. corner lot SR-840 & COUCHVILLE PIKE, LEBANON, 37090 Acreage: 164 Description: Zoning – Industrial; Access – Adjacent to SR-840; Utilities – All Contact: Don Kent, (615) 248-1108, dkent@cbre.com, CB Richard Ellis

80 Cherry Farm North

Price: Negotiable Description: Topography – Gently rolling; Zoning – Industrial; Access – 3 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric Contact: G.C. Hixson, (615) 443-1210, gchixson@doingbiz.org, JECD

NASHVILLE

82 Earheart Property

HWY. 109 N., LEBANON, 37090 Acreage: 200

HWY. 109 & FRANKLIN ROAD, LEBANON, 37090 Acreage: 300 Price: Negotiable Description: Topography – Rolling; Zoning – Industrial; Access – 1.25 miles to interstate, adjacent to highway; Utilities – Gas, water, sewer, electric Contact: G.C. Hixson, (615) 443-1210, gchixson@doingbiz.org, JECD

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WILSON

83 Baltz Farm EAST DIVISION STREET & BECKWITH ROAD, MT. JULIET, 37122 Acreage: 695 Price: Negotiable Description: Topography – Gently rolling; Zoning – Industrial; Access – 2 miles to interstate, 1.7 miles to highway; Utilities – Gas, water, sewer, electric Contact: G.C. Hixson, (615) 443-1210, gchixson@doingbiz.org, JECD

Robertson County

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NASHVILLE

economic profile

ECONOMIC PROFILE BUSINESS CLIMATE

PER CAPITA PERSONAL INCOME Cheatham, $26,888

Booming businesses, an expanding workforce and a strong economy are characteristics of the 10 Middle Tennessee counties that comprise the Nashville Economic Market. Large companies in this region include Nissan, GM, Bridgestone Firestone, Electrolux and Dell.

Davidson, $38,056

LABOR FORCE STATISTICS

Dickson, $23,877 Maury, $28,810 Montgomery, $27,405

WATER Port of Nashville â&#x20AC;&#x201C; Cumberland River is nearly 700 miles long and provides access to other waterways leading to the Gulf of Mexico.

Nashville Economic Market (2004), 792,370

Robertson, $26,958 Rutherford, $27,910

1994-2004 Labor Force Growth Percentage, 17.7%

Sumner, $28,544 Williamson, $42,694

Unemployment Rate (2005) .7%

Wilson, $31,376

COST OF LIVING COMPARISON

Tennessee, $28,641 United States, $31,472

TRANSPORTATION

Nashville, 88.1

Source: U.S. Bureau of Economic Analysis

AIRPORT

Dallas, 90.9

Nashville International Airport 275-1675, www.nashintl.com

New York City, 213.0

HIGHWAYS

San Francisco, 166.4

Three U.S. interstate highways intersect in Nashville â&#x20AC;&#x201C; I-40, I-65 and I-24

Atlanta, 98.0

The I-440 and Downtown Loop connectors link the central city, and State Route 840 connects four counties.

Denver, 105.0

RAILROAD

Source: ACCRA Cost of Living Index, Third Quarter 2007 (U.S. Average=100)

BUSINESS ESTABLISHMENTS !

'

Boston, 136.8

Cleveland, 99.6 Philadelphia, 123.2

CSX Transportation/CSX Intermodal Inc., www.csx.com

# %

POPULATION GROWTH

County B`ORS CbWZWbWSa b`O\a^]`bObW]\

Cheatham Davidson

2000

2005

% Change

35,912

38,603

+7.5

596,891

602,679

+5.8

/QQ][[]RObW]\a T]]R aS`dWQSa S\bS`bOW\[S\b

Dickson

43,156

45,894

+6.3

Maury

74,845

76,292

+1.9

1]\ab`cQbW]\ [W\W\U

Montgomery

146,353

147,202

+.6

4W\O\QS W\ac`O\QS `SOZ SabObS

Robertson

54,433

60,379

+10.9

6SOZbV QO`S SRcQObW]\ aS`dWQSa

Rutherford

182,023

218,292

+19.9

Sumner

130,449

145,009

+11.2

7\T]`[ObW]\ ^`]TSaaW]\OZ aS`dWQSa

Williamson

126,638

153,595

+21.3

;O\OUS[S\b ]T Q][^O\WSa OR[W\Wab`ObWdS ac^^]`b

Wilson

88,809

100,508

+13.2

1,435,577

1,588,453

+9.3

;O\cTOQbc`W\U

Tennessee

5,689,283

5,962,959

+4.8

Nashville Eco. Mkt.

=bVS`

NASHVILLE

NASHVILLEAREAECONOMICGUIDE.COM

81

economic profile

MAJOR EMPLOYERS Company

Product/Service

No. of Employees

State of Tennessee

Government services

Vanderbilt University and Medical Center

Education/health care

17,158

U.S. Government

Government services

11,146

Metro Nashville-Davidson Co. Public Schools

Education

HCA

Health care

Nissan North America Inc.

Automobile manufacturer

8,500

St. Thomas Health Services

Health care

6,300

GM

Automobile manufacturer

5,776

Bridgestone Americas Holding Inc.

Tires, air springs, roofing materials, rubber

4,900

20,029

10,500 8,742

Gaylord Entertainment Co.

Specialty lodging & entertainment

4,150

Sumner County Government and Public Schools

Public services & education

4,088

CBRL Group Inc.

Holding company for Cracker Barrel & Loganâ&#x20AC;&#x2122;s Roadhouse

3,350

Electrolux Home Products

Manufactures electric and gas ranges

3,300

Williamson County Government and Public Schools

Public services and education

3,214

YMCA of Middle Tennessee

Health and wellness services

3,100

Ingram Industries Inc.

Wholesale book distributor

3,081

Century II Staffing

Benefits administration, risk management, training

3,000

Dell Computer Corp.

Computer manufacturer

3,000

The Kroger Co.

Grocery stores

2,649

Rutherford County Board of Education and County Government

Public services and education

2,597

United Parcel Service

Commercial delivery service

2,500

AT&T (Formerly BellSouth Inc.)

Telecommunications

2,388

Randstad Work Solutions

Staffing services

2,230

A.O. Smith Water Products Co.

Manufactures water heaters

2,000

Middle Tennessee State University

Higher education

1,936

Since 2000, the Nashville area has grown approximately 11 percent, according to estimates released in April 2007 by the U.S. Census Bureau. The growth rate puts the area in the same category as Denver; Des Moines, Iowa; and Portland, Ore.

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NASHVILLE

economic profile HIGHER EDUCATION ACCREDITED FOUR-YEAR AND POSTGRADUATE INSTITUTIONS Austin Peay State University (Clarksville), (931) 221-7011 (877) 861-APSU, www.apsu.edu Belmont University (Nashville) 460-6000, www.belmont.edu Cumberland University (Lebanon), 444-2562 (800) 467-0562 www.cumberland.edu Lipscomb University (Nashville) 966-1000, (800) 333-4358 www.lipscomb.edu Fisk University (Nashville) 329-8500, www.fisk.edu Meharry Medical College (Nashville), 327-6000 www.mmc.edu Middle Tennessee State University (Murfreesboro) 898-2300, www.mtsu.edu Nashville School of Law (Nashville), 256-3684 www.nashvilleschooloflaw.net Tennessee State University (Nashville), 963-5000 www.tnstate.edu Trevecca Nazarene University (Nashville), 248-1200 www.trevecca.edu University of the South (Sewanee), (931) 598-1000 www.sewanee.edu University of Tennessee Space Institute (Tullahoma) (931) 393-7100, www.utsi.edu Vanderbilt University (Nashville) 322-7311, www.vanderbilt.edu

ACCREDITED TWO-YEAR INSTITUTIONS Aquinas College (Nashville), 297â&#x20AC;&#x201C;7545 www.aquinascollege.edu Columbia State Community College (Columbia) (931) 540-2722 www.columbiastate.edu Motlow State Community College (Lynchburg) (931) 393-1500, (800) 654-4877 www.mscc.cc.tn.us

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Visit Our Advertisers

Ascend Federal Credit Union www.ascendfcu.org AT&T www.att.com BancorpSouth www.bancorpsouth.com BlueCross BlueShield of TN www.bcbst.com Boult, Cummings, Conners & Berry PLC www.boultcummings.com Boyle Investment Company www.boyle.com Cheatham County www.cheathamconnect.com City of Franklin www.franklin-gov.com City of Mt. Juliet www.cityofmtjuliet.org Crescent Resources LLC www.crescent-resources.com Dickson County Chamber of Commerce www.dicksoncountychamber.com Duke Realty Corporation www.dukerealty.com Earl Swensson Associates Inc. www.esarch.com Facility Planners www.fpifurniture.com

Halo Properties www.indianlakevillage.net Hawkins Development Company www.hdc.com Highwoods Properties www.highwoods.com Lipscomb University www.lipscomb.edu Maury Alliance www.mauryalliance.com Metropolitan Nashville Airport www.flynashville.com NAI Nashville www.nainashville.com NAIOP – Nashville www.naiop-nashville.org Nashville Area Chamber of Commerce www.nashvilleareainfo.com Peerless Pinnacle Company www.bizbuysell.com/ppc.htm Robertson County Chamber of Commerce www.robertsonchamber.org Saint Thomas Health Services www.sths.com Shirley Zeitlin & Company www.shirleyzeitlin.com

© 2008 Journal Communications Inc.

Apex & Robert E. Lee Moving & Storage www.apexmoving.com

SmartSpace www.smart-space.com Synergy Business Environments www.synergybe.com The Lipman Group Sotheby’s

Fridrich & Clark Realty LLC www.fridrichandclark.com Frost Brown Todd LLC www.frostbrowntodd.com

86

The TMA Group www.tmagroup.org TN Credit Union www.ttcu.org

Gallatin Economic Development Agency www.gallatintn-eda.com

TW Frierson Contractor Inc. www.twfrierson.com

Greater Nashville Area Association of Realtors

Worth Properties LLC www.worthproperties.com

NASHVILLEAREAECONOMICGUIDE.COM

NASHVILLE

economic profile Nashville State Community College (Nashville) 353-3333, (800) 272-7363, www.nscc.edu Volunteer State Community College (Gallatin) 452-8600, (888) 335-8722, www.volstate.edu

HOUSING MARKET Nashville Average Home Price, $236,814 Average Apt. Rental, $687 Atlanta Average Home Price, $292,227 Average Apt. Rental, $782 Chicago Average Home Price, $346,936 Average Apt. Rental, $1,424 Dallas Average Home Price, $204,808 Average Apt. Rental, $704

NASHVILLE AREA COMPENSATION AVERAGE Occupation Accountant (b)

Base

Total

$45,000

$47,902

Administrative Assistant (1)

$31,915

$32,515

Application Programmer (b)

$55,120

$62,361

Compensation Analyst (b)

$53,916

$57,007

Controller

$102,105

$114,105

Customer Service Management (s)

$45,000

$47,468

Customer Service Rep, Consumer (2)

$28,080

$28,635

Financial Analyst (b)

$55,000

$59,637

$23.84/hr.

$24.42/hr.

Human Resources Manager

$70,026

$77,512

Human Resources Assistant (1)

$27,726

$28,228

Inventory Control Clerk (2)

$28,438

$31,943

Laboratory Technician (2)

$32,989

$33,739

Marketing Rep. (b)

$37,983

$38,588

Mechanical Engineer (b)

$57,810

$66,062

$60,000

$65,867

Heavy Machine Operator

Network Engineer (b)

Code: (a)=entry-level professional; (b)=intermediate-level professional;

Denver Average Home Price, $348,767 Average Apt. Rental, $820

(s)=supervisor; (1)=entry-level supervisor; (2)= intermediate-level supervisor

Source: 2008 Nashville Area Total Compensation Survey, Partnership 2010

New York Average Home Price, $1,205,900 Average Apt. Rental, $3,484 Phoenix Average Home Price, $305,898 Average Apt. Rental, $798 San Diego Average Home Price, $683,920 Average Apt. Rental, $1,582 Source: ACCRA Cost of Living Index, Third Quarter 2007

FOR MORE INFORMATION Nashville Area Chamber of Commerce Department of Economic Development 211 Commerce St., Ste. 100 Nashville, TN 37201 Phone: (615) 743-3000 Fax: (615) 256-0393 www.nashvilleareainfo.com

Sources: www.nashvillechamber.com, www.nashvilleareainfo.com

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87

Williamson

County

MORE THAN JUST A PRETTY FACADE First green office building goes up in Cool Springs

GREEN, GLOBAL AND GROWING

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Williams on C ount y, Tenne s s e e

More Than Just a Pretty Facade COMPANY CONSTRUCTING FIRST GREEN OFFICE BUILDING IN COOL SPRINGS

O

ne company has taken the LEED (pun intended) in constructing a green office building in Cool Springs.

Crescent Resources LLC is a Charlotte, N.C.-based real estate development company that has pledged it will construct all of its future buildings in an environmentally friendly manner that measures up to LEED standards.

LEED, an acronym for Leadership in Energy and Environmental Design, is a building-rating system implemented by the U.S. Green Building Council.

Crescent’s first green building, One Greenway Centre, is located east of Interstate 65 on Carothers Parkway between McEwen Drive and Cool Springs Boulevard.

“Our five-story site will be in the

One Greenway Centre is LEED-certified. Crescent Resources LLC has pledged it will construct all of its future buildings in an environmentally friendly manner.

Corporate Centre of Cool Springs complex of office buildings that already houses companies such as American Express, General Electric, MetLife, Mutual of Omaha and Regions Bank,” says Patrick Emery, senior vice president of Crescent Resources’ Cool Springs office. “Our building will be unusual for a couple of reasons.”

For starters, One Greenway Centre is the first green building to be constructed in Cool Springs. In addition, it is being built even though Crescent Resources has no tenants lined up yet.

“LEED buildings are much easier to sell if tenants are already booked who are willing to pay for the environmental upgrades,” Emery explains. “We are choosing to put in the upgrades no matter what, because it is the right thing to do.”

Crescent officials say the $33 million One Greenway Centre will feature paints and finishes made from low-volatile organic compounds, and the carpets won’t emit any gases for office workers to inhale.

“In addition, more daylight will shine into our strategically positioned building, and the overall interior

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focuses on individual comfort for each seated space,” says Anne Barronton, Crescent Resources construction manager for the One Greenway Centre project.

“One Greenway Centre will also feature a white roof that won’t absorb heat from the sun.”

Emery says Crescent’s policy is to think of all the different ways that its buildings will have less impact on the environment.

“For example, the trees uprooted at the Cool Springs site will be used for mulch, and we are purchasing construction products from local companies so that transportation costs will be less,” he says. “Now and in the future, our goal at each construction site is to keep our carbon footprint as low as possible. That is certainly the case at One Greenway Centre.”

BRIAN M C CORD

Green, Global and Growing

Patrick Emery, senior vice president of Crescent Resources’ Cool Springs office, is heading up construction of One Greenway Centre on Carothers Parkway.

How Does Their Garden Grow?

LOCAL COMPANY GOES UP ON THE ROOF WITH LANDSCAPING

F

ormer U.S. President Bill Clinton has a putting green on the roof of the William J. Clinton Presidential Library & Museum in Little Rock, Ark. Yes, a putting green – on the roof.

The president has a penthouse apartment at the library and will often step onto the roof to practice

Fairview-based GroWild Inc. specializes in green roofs like this one at Westview Condominiums in Nashville.

PHOTO COURTESY OF NASHVILLE CIVIC DESIGN CENTER/ADRIAN CONSTANT

his putting on a manicured bent grass green. After hitting a few balls, Clinton can pick blueberries if he chooses from a bush that grows next to the green.

The architect for this unusual roof is a Fairview, Tenn., company called GroWild Inc., a full-service nursery that not only grows thousands of plants, flowers, trees and grasses, but is an expert landscaper.

“Yes, we are a nursery but have received a measure of fame in recent years due to our ability to install green roofs,” says Mike Berkley, co-owner of GroWild with his partner, Terri Barnes.

Berkley says GroWild’s involvement with green roofs began in the late 1990s, when the owners were approached by a landscape architect who wanted a green roof planted atop a Nashville building.

“It is on the Neuhoff Building downtown, and we installed thin soil along with grasses and flowers that don’t need much water and upkeep,” he says.

Berkley says every green roof job that GroWild tackles has different challenges.

“For example, we’ve started talks with a couple who want tall fescue on the flat roof of their garage so they can walk onto it for backyard parties,” he says. “They want sod that they can mow.”

GroWild has also installed a green roof on the high-rise Westview Condominiums in downtown Nashville.

“We had to make sure that the roof could handle all the weight from the soil, trees and plants,” Berkley says. “The challenges of this relatively new green roof industry are many, but it sure is fun for tenants of a high-rise condo to ride up the elevator to see nature growing wild.”

www.williamsoncounty-tn.gov /economicdevelopment

Williams on C ount y, Tenne s s e e

Verizon Wireless plans to open its South Area regional headquarters in Williamson County in fall 2008.

Relocation on the Rise CORPORATE GIANTS ARE DISCOVERING ALL WILLIAMSON COUNTY HAS TO OFFER

I

n 2007, there were several front-page announcements mentioning corporate relocations in Williamson County.

Some of the larger companies included Community Health Systems, DELEK, Healthways Inc., Mars Petcare US and Verizon Wireless, all mentioning their own reasons for choosing the prospering county.

The wireless network giant, Verizon, has chosen to establish its South Area regional headquarters in Williamson County, after operating out of Nashville for the past 10 years.

“We have been in the Grassmere area of Nashville since the late 1990s, but we needed to build a place where we wouldn’t keep running out of space,” says Alan Willett, director of South Area customer financial services at Verizon Wireless.

“We looked at a variety of different locations throughout Metro Nashville and felt that Williamson County was the best match for us. Their local government was very receptive and seemed committed to continued economic growth.”

In the fall of 2008, Verizon will move into a new $54 million building in the Aspen Corporate Center 500 in Franklin.

“About 550 existing Nashville employees will be moving to the Franklin site, including national account managers, business account managers, business sales teams, information technology and human resources staff,” Willett says. “We will also be adding a customer service team, which is something we didn’t have at our Nashville Grassmere site. In all, the new

building will be able to accommodate about 1,300 employees.”

Willett says the new regional headquarters will have several “green design” features.

“All of the windows will have sun shades and a UV-blocking glaze, and rooms will feature light switches with motion sensors to automatically turn off when they are empty – in order to conserve electricity,” he says. “In addition, the roofing system will help regulate heating and cooling to cut utility costs by 50 percent.”

Another company moving into a new corporate headquarters in Williamson County will be health-care giant Healthways. The company is constructing a five-story building in the Corporate Centre of Cool Springs office complex, with 1,000 employees moving there when it opens in mid-2008.

Healthways CEO Ben Leedle says a key reason why the company chose the Cool Springs area is its close proximity to available hotel and conference space. He adds that there is easy transportation to and from Nashville International Airport and the greater Nashville area.

“As for the new headquarters itself, it is designed as an open-work environment, allowing colleagues easy mobility and plenty of choices when it comes to where they work and how they collaborate with each other,” Leedle says. “We are quite literally breaking down the walls with this design in Cool Springs.”

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Green, Global and Growing

Just Add Cooks

magazine. The magazine remarked that the canisters are easy to attach to a grill, and are easy to handle due to the lighter weight. Good Housekeeping also applauded Lite Cylinder for its wide variety of color options.

“We are located in the Southeast Business Park in Franklin and enjoy doing business out of Williamson County,” Moeller says. “There is a good job market here for the skills needed in our business, and most of our people in the company live in the county. In fact, we have 50 shareholders who own Lite Cylinder, and almost all of them are from Williamson County.”

G

rilling steaks and burgers outdoors has become even easier, thanks to a company based in Williamson County.

The Lite Cylinder Co. manufactures propane canisters from its headquarters in Franklin, and the firm’s products have several interesting aspects. First of all, even though the cylinders are still basically shaped like regular propane canisters, they are made with a fiberglass/resin composite that makes them 30 percent lighter than their traditional steel counterparts.

“Because we use a fiberglass and plastic resin cylinder instead of steel, our product won’t rust or corrode,” says Shelley Moeller, vice president of sales and marketing for The Lite Cylinder Co. “The technology for our canisters was invented in Sweden in 1995 and then developed by a Swedish company called Composite Scandinavia,” she continues. “Today, there are more than 1 million of these types of cylinders used in Europe and other countries around the world, and Lite

Cylinder has all the manufacturing rights for the United States, Canada and the Caribbean.”

Another advantage of the Lite canisters is that they are transparent, making it easy for grill users to check the propane fuel level. In addition, the cylinders are also available in a variety of colors to blend in with grills and decks.

Moeller says Lite Cylinder has grown dramatically in its six years, and today supplies propane canisters to dealers across the country. In Middle Tennessee, Lite products can be found at various stores such as True Value and Tractor Supply Co. “The prime markets for our cylinders are high-end gas grills, camping and marine use, patio heaters and fish fryers,” she says. “And besides grills, our cylinders are also produced for the forklift market. The cylinders are easy to store because they are stackable.”

Lite has already earned a number of accolades during its short history, including being recognized for a “Good Buy Award” in Good Housekeeping

BRIAN M C CORD

FRANKLIN-BASED COMPANY REVOLUTIONIZES PROPANE CYLINDERS

The Lite Cylinder Co. produces propane canisters in an array of bright colors.

Building More Buildings

I

f you build it, they will come.

Not only is that a famous movie line from Field of Dreams, but it also seems to be the continuing sentiment of several companies looking to occupy office space in Williamson County.

Nissan Americas is constructing a 10-story building in Cool Springs, while Healthways is putting up a five-story building. Meanwhile, multistory structures such as Nine Corporate Centre and Creekside Crossings III have recently begun welcoming corporate tenants, and Aspen Corporate Center 500 will be the new regional home for Verizon Wireless beginning in the fall of 2008.

And the trend for companies looking for office space in Williamson County doesn’t seem to be slowing down.

A 2007 report published by Nashville market research company CB Richard Ellis Inc. found that Brentwood/Cool Springs is able to charge the second-highest rental lease rates for office space

in Metro Nashville – second only to the Green Hills/21st Avenue/Music Row submarket.

Meanwhile, Brentwood/Cool Springs is easily the hottest Nashville submarket for construction of new corporate buildings, with 1.2 million square feet of office space currently under development.

With 80 buildings totaling 5 million square feet in Brentwood, and 57 buildings encompassing 3.9 million square feet in the Cool Springs/Franklin area, Williamson County continues to be an engine for growth in Nashville’s suburban market.

Additional development sites will be accessible in Cool Springs with the completion of the McEwenInterstate 65 interchange, adding new opportunities for growth.

Also online for development in Franklin, just south of Cool Springs along I-65, is the 600-acre Berry Property. This historic old farm is expected to offer exceptional opportunities for office growth in the next few years.

www.williamsoncounty-tn.gov /economicdevelopment

Williams on C ount y, Tenne s s e e

Plenty To Be Proud Of GREAT SCHOOLS AND THRIVING BUSINESS SECTOR ADD TO QUALITY OF LIFE

R

Franklin Mayor John Schroer says that even with the recent growth, the area still has a “community feel with the amenities of a metropolitan city.”

“We are taking Franklin into the 21st century, while respecting the preservation of our environment,” Schroer explains.

The city of Franklin’s green practices include the purchase of a hybrid vehicle, and the city’s new police headquarters – if approved – will be LEED-certified.

“From our school systems to our parks and city services, the quality of life in this area is unsurpassed,” Schroer adds.

In Brentwood, only 5 percent of the land is dedicated to commercial development, yet that 5 percent generates 60 percent of the city’s taxes.

“We have gone 17 years without a property tax increase, thanks to our office parks and strong retail sector,” says Mike Walker, Brentwood city manager. “Our office space is running at 95 percent occupancy and that strong business sector helps lead to a vibrant quality of life.”

Thanks to tax money, Brentwood in recent years has been able to comfortably fund a renovation to its top-notch library and has added more parks and bikeways.

“There is also a quality senior retirement community called The Heritage that opened in 2007, and The Martin Center is another nice facility for senior citizens,” Walker says. “We have all the pieces in place that make Brentwood a very attractive city to live and work.”

STAFF PHOTO

ogers Anderson believes that Williamson County’s high-rated schools are a big reason residents enjoy such a fine quality of life here.

The mayor of Williamson County says: “Williamson County made a commitment approximately 20 years ago to have an award-winning public school system and, as a result, Williamson County students consistently excel on Tennessee and national tests in math, science and the arts.

“Many people are moving here so their children can attend our schools,” Anderson continues, “so new schools must continue to be addressed to accommodate those students.

Anderson says another interesting aspect of growth in Williamson County is business relocation.

“Some large companies that have recently located here have made headlines in newspapers all over the world,” Anderson says. “They include Nissan [Americas], Healthways and Community Health Systems (CHS). BioMimetic [Therapeutics] is currently undergoing expansion, and Verizon Wireless is beginning to construct a regional headquarters.”

“There are many other businesses locating here that don’t make the front page of the paper, but they, as well as our existing businesses, are certainly valuable to the continuing economic development of Williamson County,” he adds.

“Attracting and retaining business in our community is a collaborative and cooperative effort between the county, individual cities, Metro Nashville, the state and the governor’s office to make it all happen.”

Brentwood is one of Williamson County’s most desirable addresses, with a mix of both residences and commercial firms.

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BRIAN M C CORD

Green, Global and Growing

Arrington Vineyards & Winery, located southeast of Franklin, incorporates a variety of green methods to produce its wines.

Pressing Onward ARRINGTON VINEYARDS FINDS A HOME IN WILLIAMSON COUNTY

I

t only opened in July 2007, yet the owners of Arrington Vineyards & Winery predict that they will surpass $1 million in sales for 2008.

“We are primarily known only from our Web site along with word of mouth, but we already have over 5,000 people who have signed up for our e-mail list,” says Fred Mindermann, owner of Arrington Vineyards along with partners Kip Summers and country music star Kix Brooks. “We did very well during our inaugural six months of operation in 2007, and will continue to do well in 2008.”

Arrington Vineyards & Winery is on 75 acres just south of State Route 840 (southeast of Franklin), with 12-plus of those acres devoted solely to growing grapes.

“The rest is utilized for our scenic tasting lodge, production facilities and picnic areas,” Mindermann says. “We have weekend music, bonfires and a VIP Room for small private meetings.”

Arrington is the only commercial

vineyard and winery in Williamson County to date.

“We worked closely with the county to create new guidelines for such a business since there were no others to follow,” he adds.

“We are open seven days a week and are the only place in Williamson County that is allowed to provide tastings and sell wine made at our winery on Sunday,” Mindermann says.

“It is because we are technically an agricultural operation and fall under local, state and federal laws specific to grape growing and winemaking.”

Mindermann says the tiny community of Arrington is a good place for growing grapes because its soil has ideal mineral content and the Middle Tennessee weather is ideal.

“Arrington is like northern Italy in many ways, with its hills, valleys, hot summers, fresh breezes and plenty of morning sun,” he says. “Plus, on average, we get adequate rain here, except for 2007, when we experienced

a once-in-100-years drought.”

Mindermann says the goal at Arrington Vineyards is to ultimately produce more than a dozen great wines that the three partners would be proud to stock in their own personal wine cellars.

To date, the white wines produced at Arrington are Chardonnay, Stags’ White (a proprietary blend of white grapes), Viognier, Riesling and Gewurztraminer.

The red wine varieties include Desert Rosé, Red Fox Red (a proprietary blend of red grapes), Cabernet Sauvignon, Merlot and Syrah.

“As for our green practices, we are not required to till the earth every year like regular farming, and we use far less chemicals and energy to produce our product from transplant vines to wine,” Mindermann says. “We also incorporated an innovative septic system that utilizes coconut husks for filtering the minimal waste produced in the winemaking process.

“We are promoting local grape growing by area farmers to support our demand and will be demonstrating grape growing and winemaking at the annual Williamson County Fair in August,” he continues.

“There is a lot of manual work involved, and we are proud of our final products. Our wine really is delicious.”

– Stories by Kevin Litwin

www.williamsoncounty-tn.gov /economicdevelopment

Williams on C ount y, Tenne s s e e

WILLIAMSON COUNTY AT A GLANCE

Williamson County not only scored high in Tennessee, but also ranks toward the top in the nation as 79th fastest-growing and 16th wealthiest county, which had a median household income of $81,449 in 2006. The total assessed value of the property in Williamson County exceeded $6.1 billion that same year.

The urban cities of Brentwood and Franklin are the county’s two largest, while the popular communities of Fairview, Nolensville, Spring Hill and Thompson’s Station all have a more rural atmosphere.

Ranked as the healthiest, wealthiest and one of the fastest-growing in the state of Tennessee, Williamson County recently earned a Aaa bond rating from Moody’s Investors Service. Recognized globally for the health-care industry, currently, there are more than 195 healthcare related businesses located in Williamson County. Of these, 140 of the companies have chosen to locate their headquarters here.

Some of our key differentiators include: • A day’s drive from 75 percent of the United States • Two of the state’s top educational systems • Low crime rate • Accessibility of roads (nine major state and federal roads) • Successful historic preservation • Revitalized historic downtown areas rich in history • Several award-winning parks and recreational facilities • Public transportation • Cooperative county and city officials • Interest in enhancing economic development and infrastructure • Active, successful and growing businesses

TRANSPORTATION

Interstate 65 and State Route 840 run crosswise through Williamson County, while Interstate 40 and Interstate 24 surround and connect, creating a grid for easy accessibility and transportation. There are nine major state and federal roads within the county lines – Interstates 40 and 65; U.S. Highways 31, 41 and 431; State Highways 11, 96, 100 and 397.

With its close proximity to Nashville, the county also has quick access to the Nashville International Airport, the Cumberland River and CSX railways (all within 20 minutes).

Air: Nashville International Airport (BNA).

TOP 10 EMPLOYERS IN WILLIAMSON COUNTY (RANKED BY NUMBER OF EMPLOYEES)

CoolSprings Galleria

3,500

Williamson County Schools

2,800

Williamson Medical Center

1,300

Nissan Americas

1,300

Verizon

1,300

Williamson County Government

1,076

Healthways Inc.

1,000

Comdata Corp.

864

AIM Healthcare

815

Community Health Systems

801

Rail: CSX Transportation Group links 20 states and operates a major intermodal yard (Radnor Intermodal Yard) in Nashville with 90 trains daily.

Water: Port of Nashville on the Cumberland River provides a 9-foot navigation channel. The Southern Inland Waterway offers access to the Gulf of Mexico.

Public Transportation: Intercity bus lines, Franklin trolleys (state-ofthe-art vehicles operating on biodiesel fuel), van pooling for businesses, HOV lanes.

Highways: Williamson County is eight miles from the convergence of three major interstates: I-65, I-40 and I-24.

Freight: Two-day truck delivery from Williamson County reaches nearly 80 percent of the U.S. industrial and consumer markets.

DEMOGRAPHIC SUMMARY

The number of households in Williamson County was 58,702 in 2007, and the projection for 2012 is 67,147 homes. In relation, the population between 1990 and 2000 grew 56.3 percent. In 2007, the population of the county was estimated at 164,405 and the 2012 projection is 186,767, a 13.6 percent change.

The household income comparison in 2007 was dominated by the $100K-$150K group. The second most common income level was estimated to be between $50K and $75K. There were 92,975 people listed in the labor force in 2007, and 89,896 – or 96.7 percent of those counted – are employed.

For more in-depth demographic information, along with links to economic reports and searchable databases, visit williamson county-tn.gov/economicdevelopment and click on “Demographics.”

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This special section was created for the Williamson County Office of Economic Development

by Journal Communications Inc.

CU S TO M M AG A Z INE M ED I A

For more information, contact: Williamson County Office of Economic Development 389 Nichol Mill Lane • Franklin, TN 37067 Phone: (615) 261-2880 • Fax: (615) 261-2885 www.williamsoncounty-tn.gov/economicdevelopment ©Copyright 2008 Journal Communications Inc., 725 Cool Springs Blvd., Suite 400, Franklin, TN 37067, (615) 771-0080.

All rights reserved. No portion of this special advertising section may be reproduced in whole or in part without written consent.

On the cover: Nissan Americas Photo by Brian McCord