2016 was a big year for nashville. 2017 is being set-up for even better. here are a few take-aways:
1 •the housing market continued on its record setting pace in 2016. median price of a home was $266,408, up from $242,945 in 2015. we saw 38,954 closings, up 5.6% from 2015. also, bucking the trend that it typically slows down near the holidays and in the winter, nashville had the strongest fourth quarter in home sales we have seen in a decade. continuing the trend, zillow.com named nashville the #1 real estate market in the country to invest in 2017. emerging trends in real estate puts the city at #6.
2 • the nashville zoo set new attendance records with almost 900,000 visitors in 2016, up 10% from 2015. the zoo is celebrating 20 years at grassmere this year. they have plans to open a white rhinoceros exhibit (march), an andean bear exhibit (may), an expanded tiger exhibit (july) and a new spider monkey exhibit which will feature an elevated boardwalk for guests to enter a treetop viewing platform.
3 • our auto industry is killing it. nissan, who’s north american headquarters is in nashville, had sales of more than 1.5 million in 2016, a company record, up 5% from 2015. also, GM announced plans today to invest $27 million in their spring hill plant to assembly a right-hand version of the acadia to export to australia. the spring hill plant employs almost 4,100 workers. in 2015, 6.3% of all US-made cars, light trucks & SUVs were produced in tennessee.
4 • USA today named nashville’s local foodie scene #3 in the country and zagat has us at #6 on their list for america’s next hot food cities. from adele & justin bieber 2016 middle of the night sightings at east side’s dino’s to a flurry of new much-anticipated openings in 2017 like our third james beard award-winning chef rj cooper’s henley in midtown or top chef maneet chauhan’s mockingbird (both spring 2017), our options for good eats show no sign of slowing down.
5 • the nashville convention & tourism announced last week an estimated 13.9 million tourists visited music city in 2016, up 400,000 from 2015. that number is up 45% in the last decade. we continue to receive accolades from being one of conde nast’s top five friendliest destinations to being one of travel+leisure’s top places to travel in 2017.