Growth

Meribah Knight / WPLN

A private developer has taken over large portions of a neighborhood park just off Music Row — to use as a staging area — and some neighbors are furious.

They say no one told them that for at least the next year, most of Tony Rose Park would be the property of one of Nashville's biggest developers. They say the move signifies a new level of intrusion.

Flickr / GDC Construction Inc.

You’ve heard this one before: Nashville area home sales reached a new record last month. According to local real estate agents, the median price for a single-family home in the Nashville area hit $279,000 in May.

Greater Nashville Realtors says closings were up more than 6 percent, and prices for a single-family home were up nearly 8 percent compared to last year. This means homes are getting snapped up fast.

Tony Gonzalez / WPLN

There is a small piece of political rhetoric that’s become a rallying cry for the mayor of Nashville.

"YIMBY," or "Yes In My Backyard." It’s a new twist on an old term, "NIMBY," which means just the opposite — objecting to something new in one's own neighborhood.

Tony Gonzalez / WPLN

Nashville is looking for fresh ways to deal with its lack of affordable housing. And its newest idea uses a $25 million loan to rehab, buy or build new housing. It sounds straightforward, but there’s one catch: The city has to stay on and manage the units.

Meribah Knight / WPLN

What will be the tallest residential high-rise in Nashville is now as tall as it’s going to get. The building, called the 505, is forty-five stories and changes the skyline of Music City.

Greer Stadium Nashville
Those Drones

The future of Nashville’s old minor league baseball stadium will soon be determined. Officials have seven redevelopment pitches in hand and have asked some of the development teams to answer follow-up questions on Monday.

Flickr / realtorsnashville

Nashville area home sales slowed last month, but prices hit a new record high. According to relators, the median price for a single family home in the Nashville area is $275,000, up by $25,000 since last year

Rental Realities via Flickr

Residents are pushing back as yet another one of Nashville’s affordable apartment complexes gets snapped up by investors. A group of Somali immigrants have banded together against a private equity firm set to take over their apartment building in Southeast Nashville.

Metro Nashville tax freeze
Tony Gonzalez / WPLN

Many Nashville neighborhoods are bracing for their new property tax bills, which could be substantially higher after this year’s countywide assessment — so much so that homeowners may find it difficult to keep up with the costs.

Meribah Knight / WPLN

This is a story about when your neighborhood goes from affordable to in demand. That’s what happened to Janice Key. She moved into her house on Archer Street in the Edgehill neighborhood in 1992. Today, most of her neighbors have sold their homes to developers. But Key has not. She’s resolved to stay put until the price is right.

In the early 90's, when Key, 64, found out her Church was building low-cost homes just blocks away from where she grew up, she knew she wanted in. She chose a lot on the high side of the sleepy dead-end street with sweeping views of downtown.

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