Nashville’s Boom

NashvilleInvesting in Real EstateBuy a HomeSell a Home
Written By Chris Billingslea

How New Developments and Corporate Moves Are Driving Economic Growth

It’s true that Nashville doesn’t look the same as it did 20 years ago. Waves of real estate developments and corporate relocations have steadily been reshaping the city. So what are the most significant development projects and corporate relocations we’re seeing now? Let’s dive in.

Neuhoff District

Located on a 14-acre site in the Germantown neighborhood and on the western bank of Cumberland River, this $550 million mixed-use development is underway and includes office, retail, residential and cultural spaces. The first phase is nearly complete, with the office and retail structures finished and two apartment buildings expected to open next summer.

Nashville Yards

A $1 billion mixed-use mega-project, Nashville Yards is nearing completion in the heart of downtown Nashville. Functioning like a city within a city, it features 3 million square feet of office space, 2,000 residential units, a 25-story Grand Hyatt hotel and 350,000 square feet of retail, food, beverage and entertainment space. At the center will lie The Pinnacle - a 4,500-capacity live music and event venue. Amazon is a major tenant in 2 office towers. Another five buildings are set to open by early next year, including the 35-story future Pinnacle tower, the CAA creative office building, The Pinnacle music venue and two residential towers.

East Bank

A more recent and notable development that is in the early phases of construction is the East Bank revitalization project. Located on the eastern bank of the Cumberland River and adjacent to East Nashville, this will be a transformative effort covering over 500 acres that will introduce new neighborhoods, mixed-use buildings, green spaces and a pedestrian-friendly riverfront​. Already underway is the new Titans Stadium in the Central Waterfront District and River North section of the East Bank where Oracle will be a major tenant.

Now that we’ve talked about some of the major development projects around Nashville, let’s dive into why current residents and anyone looking to relocate here should care.

These real estate development projects and corporate relocations in Nashville are set to have a profound economic impact on the city - contributing to significant growth across multiple sectors.

  1. Job Creation and Population Growth

    The arrival of corporate giants like Oracle and Amazon is a major driver of new jobs. Oracle’s relocation of its corporate headquarters to the River North area of the East Bank plans to employ around 8,500 people (Source: CommercialSearch). This is in addition to Amazon’s creation of 5,000 jobs at its new office in Nashville Yards​ (Source: CommercialSearch). These corporate expansions, alongside others such as AllianceBernstein and healthcare firms, are fueling a surge in high-paying jobs in fields like tech, healthcare and finance. The influx of workers will likely lead to a population increase, and further stimulate demand for housing, retail and local services.

  2. Boost to the Real Estate and Construction Sectors

    The sheer scale of Nashville's real estate projects will bring billions of dollars in investments, benefiting the local construction industry. Developments like Nashville Yards​ and the East Bank transformation are creating opportunities for local contractors, architects, and engineers. These projects are also expected to boost property values, particularly in areas undergoing significant transformation like the East Bank, making them desirable locations for future residential and commercial investments.

  3. Expansion of the Tech and Healthcare Sectors

    Nashville’s position as a growing hub for both tech and healthcare is becoming even more solidified. Oracle's decision to relocate its headquarters highlights Nashville’s appeal as a tech-friendly city, with its proximity to major healthcare organizations such as HCA Healthcare and Vanderbilt University Medical Center​. As Oracle integrates into the healthcare sector following its acquisition of Cerner, the city will likely see an increase in tech jobs tied to healthcare, which is a core industry in the region. This further strengthens the diverse industries Nashville has to offer, which will in turn attract more companies and startups looking to capitalize on Nashville’s unique market conditions.

  4. Affordable Housing and Community Impact

    A critical component of Nashville’s development boom is addressing housing affordability. In the East Bank, at least 40% of the planned 1,550 residential units will be set aside for affordable housing​ (Source: Nashville.gov). This focus on inclusivity ensures that as the city grows, it remains accessible to a broader range of residents. Affordable housing initiatives are expected to help balance the rapid gentrification and rising housing costs in desirable urban areas, providing economic benefits for middle and lower-income residents.

Overall, Nashville's surge in development and corporate relocations is positioning the city as a key economic player in the Southeast. The convergence of industries, job growth, and public-private investments are not only stimulating immediate economic benefits but also laying the groundwork for sustained growth in the coming decades.

Sources:

Chris Billingslea
Previous

2025 Color Trends are arriving!

Next

The History of LGBTQ+ Homeownership