NASHVILLE, Tenn. (WKRN) — Nashville's skyline isn't what it was ten years ago. News 2 asked real estate experts which parts of the city will see the most growth, and what investments need to be made now.
When Nathan Weinberg was looking for a place to open his café and real estate office, he chose Dickerson Pike.
“I think this stretch in 10 years will look very different,” said Weinberg, a managing broker with MW Real Estate.
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Today, Dickerson Pike is a mix of empty lots, renovated buildings, and new construction. But, Weinberg said the pikes in Nashville — Dickerson, Gallatin, Murfreesboro — are the trends that will see the skyline grow. The four-lane corridors are an untapped artery for transporting cars, people, bikes and buses throughout the city.
“We know that the center lanes on our pikes are ideal settings for mass transit,” Weinberg said.
“We know we can put that in these places and move people to and from downtown. This is interesting. “This will grow the sidewalk infrastructure, and it will build all the additional infrastructure needed for people to live and work in these places,” Feinberg said.
But Weinberg said the most overlooked asset in Nashville for decades is the riverfront, which is expected to quickly become prime real estate.
“Oracle's investment along the riverbank, which comes along with some sort of revitalization on the east bank. This is an exciting move. This along with the Titans Stadium. All of this will drive growth along the river. And the cities that have significant growth in river infrastructure, are Cities that will continue to be important in the coming decades.
Looking ahead to 2024, Weinberg sees a lot of potential in Gallatin Pike, Northeastland, The Nations and the Bordeaux neighborhood. And while suburban sprawl is always something to keep an eye on, so far Nashville is on a good path to avoiding that pitfall.
“I think the unique thing about Nashville is that we invest in vertical growth in our urban core, and that's a good thing because it limits sprawl that would affect the neighborhoods right behind us here. So they could live in their home in a neighborhood like this, and they have three minutes to spare.” Until they get to work in a skyscraper.
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Weinberg admits there will be challenges, including playing the city and state well. And also convince voters that investments in new infrastructure like mass transit are important for all of Davidson County.
“How do we get people to spend money? It's pretty easy in my book. Show them how great it can be. No one has done a good job of it.”
With this growth, it's also important to respect generational housing and for all walks of life to live and work together, Weinberg said.
