March 2025 The Pensacola, FL market is experiencing significant economic growth and gaining national recognition, driven by expanding businesses and thriving industries. Pensacola tourism hits new record with over $2 billion economic impact in 2024. What This Means For You: Visit Pensacola released its annual tourism report, which shows the area’s tourism industry continues…
March 2025 The Memphis, TN market is experiencing significant growth and economic development, driven by business expansions and a surge in job opportunities. The Greater Memphis region is expected to add 10,232 new jobs across all industries by 2025. Employment in the Greater Memphis region, which covers nine counties in the tri-state area, is…
March 2025 The Indianapolis market is experiencing unprecedented economic growth and rising national recognition, driven by a booming population and significant business expansions. Indianapolis Multifamily Demand Hits Decade High What This Means For You: Demand in Indianapolis’ multifamily sector has reached a “decade high.” In the fourth quarter, the vacancy rate dropped by 30…
March 2025 The Huntsville, Alabama market continues to thrive as population growth, business expansion, and national recognition drive ongoing economic development. Huntsville Sets New Sports Tourism Record with $50M Economic Impact What This Means for You: Huntsville’s sports tourism sector reached a major milestone in 2024, hosting 68 events that generated over $50 million…
February 2025 Knoxville, TN is experiencing strong economic momentum, driven by steady population growth, major business expansions, and increasing national recognition as a thriving market. Knoxville ranked #7 top growth city in 2024 by U-Haul What This Means for You: Growth rankings are configured by each state’s net gain (or loss) of customers utilizing…
February 2025 Evansville, Indiana is experiencing significant development and gaining national recognition, aimed at driving economic growth, attracting new businesses, increasing tourism, and enhancing the overall quality of life for its residents. Evansville’s Economic Development Bill Could Pave the Way for a $100M Ballpark What This Means For You: House Bill 1451, currently under…
January 2025 The Birmingham, AL market is experiencing significant growth and gaining national recognition, driven by a rising population and a surge in construction projects. J.M. Smucker opened its $1.1 billion manufacturing plant in McCalla J.M. Smucker Co. held a grand opening for its new 900,000-square-foot plant in McCalla, roughly 20 miles southeast of…
January 2025 The Louisville, Kentucky market is seeing robust economic growth fueled by business expansions, new development initiatives, and growing national recognition. 2024 boasts Louisville’s highest job creation numbers since 2017. What This Means For You: In 2024, Louisville located 35 projects, with companies committing to add 4,571 new jobs and to invest $653…
January 2025 Cincinnati, Ohio is witnessing unprecedented economic growth with a surge in business expansions, significant job opportunities, and growing national recognition. Givaudan, one of the largest food and fragrance companies in the world, to build $130M facility in Greater Cincinnati. What This Means For You: Givaudan intends to build a 100,000-square-foot facility at the…
December 2024 Columbus, Ohio is experiencing a significant period of growth, with major investments, groundbreaking developments, and an expanding population, gaining national recognition as an economic powerhouse. Cologix plans $7B data center expansion in Central Ohio. What This Means For You: Denver-based Cologix is making a $7 billion investment to develop a cutting-edge, AI-ready…
Breakthrough IU football season yields big tourism dollars for Bloomington What This Means For You: Indiana University’s football team’s success has significantly boosted local tourism, increasing revenues for hotels, restaurants, and retailers in Bloomington. The positive economic impact underscores the importance of successful sports programs in driving community growth and economic benefits Plans unveiled…
December 2024 Lexington, KY continues to solidify its reputation as a vibrant, growing market, drawing recent nation recognition and development projects. Lexington Named As One of Condé Nast Traveler’s “Top 5 Best Small Cities in the U.S.” What This Means For You: This recognition highlights Lexington on a national scale as a must-visit destination,…
November 2024 The Piedmont Triad is witnessing a wave of expansion projects and an influx of both tourists and new residents, positioning the region for sustained economic growth. Foster Caviness confirms it will move HQ and expand in Winston-Salem. What This Means For You: Foster Caviness, a Greensboro-born food company, has announced a significant…
November 2024 Little Rock, Arkansas, is on the rise with a wave of new business expansions and infrastructure upgrades, positioning the city as a hub of economic potential and drawing national attention. The Faymonville Group, a Luxembourg-based company, to invest $100M in new Little Rock production facility. What This Means For You: The 54-acre site…
November 2024 Evansville, Indiana is experiencing a surge in development projects designed to boost economic growth, attract new businesses, and enhance the quality of life for its residents. INDOT breaks ground on I-69 Ohio River Crossing project. What This Means For You: The $202 million project aims to complete “the key connection between Indiana…
October 2024 The Northwest Arkansas market is experiencing an ongoing surge in economic growth, driving business expansions, increased housing demand, and national recognition. University of Arkansas at Fayetteville reported to generate $3 Billion in annual economic impact to state. What This Means for You: This record-setting economic impact strengthens the University’s role in driving…
October 2024 The Charlotte, NC market is witnessing a continued surge in economic growth and national recognition due to business expansions, increased population, and improvement to major demand drivers. New data shows 117 people move to Charlotte every day. What This Means For You: This is a 4-person jump from last year’s study. Charlotte…
October 2024 The Louisville, Kentucky market is experiencing a strong surge in economic growth, driven by business expansions, new development projects, and increasing national recognition. Louisville named top US market for apartment rent growth What This Means For You: Limited new supply and robust demand are supporting strong rent gains in the area. Read Article…
October 2024 The Birmingham, AL market is experiencing sustained growth and economic development, fueled by multimillion-dollar construction projects, infrastructure improvements, and increasing population. Chicago-based Zekelman Industries plans to invest over $6 million to expand steel tube production at its facility in Jefferson County. What This Means For You: This project will create 91 jobs. Read…
October 2024 The Bowling Green market is experiencing a significant surge in economic growth and gaining national attention, driven by new development projects, expansions, and a rising influx of both residents and tourists. Belmark breaks ground on $99M packaging plant near Bowling Green. What This Means For You: The 156,000 square foot packaging plant…
September 2024 The Gulfport-Biloxi market is experiencing a wave of new development and improved accessibility, driving economic growth and creating attractions that appeal to both residents and tourists. Walls are going up on the 74,000 square foot, $50 million Buc-ee’s west of Gulfport. What This Means for You: The first-ever Buc-ee’s in Mississippi is…
September 2024 Nashville, Tennessee’s booming market is seeing continued economic growth fueled by ongoing business expansion projects and an influx of new ventures. Schneider Electric plans an $85M expansion to Middle Tennessee. What This Means for You: The company plans to add 455 new jobs in Wilson and Rutherford counties. Read Article In-N-Out…
September 2024 The Pensacola, FL market is seeing significant job opportunities and economic development resulting from business expansions and new development projects. ST Engineering broke ground on its 167,000 square feet state-of-the-art hangar at the Pensacola International Airport. What This Means For You: One of the most profitable aerospace engineering groups in the world…
September 2024 The Memphis, TN market is seeing substantive job opportunities and growth resulting from business expansions, surging tourism, and economic development in the area. Elon Musk’s xAI will be building what it calls the world’s largest supercomputer in Memphis. What This Means For You: The project is being called the “largest capital investment…
August 2024 The Indianapolis market is currently undergoing significant business expansion and hosting numerous national events, leading to a notable increase in tourism and a boost in economic development for the region. The Indiana Convention Center expansion projected to bring in over $2.3 billion in convention business. What This Means For You: The expansion…
August 2024 The Charlotte, NC market is currently experiences a surge in national recognition due to robust business expansions, a rapidly growing population, and improvement projects on major demand drivers. U.S. News & World Report names Charlotte the 5th best place to live in the U.S. in 2024-2025. What This Means for You: This…
August 2024 The market in Louisville, Kentucky is experiencing an influx of economic development due to expanding commercial growth, national recognition, and a steady flow of development projects. The commonwealth placed No. 2 in the South Central region of Site Selection’s 2024 Prosperity Cup rankings. Nationally, Kentucky placed No. 8, maintaining a top 10…
August 2024 Huntsville, Alabama is experience unprecedented growth and an influx of national recognition due to rapid population growth, housing demand, and business expansions in the area. U.S. News & World Report names Huntsville the 7th best place to live in the U.S. in 2024-2025. What This Means for You: This national recognition solidifies…
August 2024 The market in Knoxville, TN is flourishing like never before, earning nationwide recognition for its excellent location, affordability, and the increasing number of both residents and businesses. Knoxville ranked 29th Best Place to Live in the U.S. in 2024-2025. What This Means For You: This national recognition can mean increased demand for…
July 2024 The Birmingham, AL market is seeing unprecedented growth and national recognition driven by business expansion, economic development, and population increase. Uptown Birmingham recognized by Forbes as a “Neighborhood to Watch.” What This Means For You: The Birmingham area is receiving national attention and recognition for its economic development, including over $1 billion…
June 2024 Columbus, Ohio is witnessing unprecedented economic growth and business development, leading to significant population increases and gaining national recognition. Columbus ranked #3 on Zillow’s hottest housing markets for 2024. Read Article Columbus named the fastest growing city in the US. Read Article Ohio ranked #1 best place in the US…
June 2024 Little Rock, Arkansas is experiencing a surge in business expansions and improvement projects, earning national recognition and fostering a positive outlook for the city’s economic development. Little Rock named one of the top 10 Hottest Small Rental Markets of 2023. Read Article Dassault Falcon Jet’s $100M expansion project to create 800…
June 2024 Evansville, Indiana is experiencing substantial economic growth driven by income growth, award-winning employers, and new development projects. Evansville ranks third in high-income household growth across the U.S. Read Article 11 Evansville businesses make 2024 ‘Best Places to Work in Indiana’ list. Read Article The Evansville region is receiving $45M in…
May 2024 The Gulfport-Biloxi Market is seeing a boom in growth and national recognition, bringing investment capital in construction and an influx of new residents. Gulfport named one of The South’s Best Cities On The Rise 2024 by Southern Living. Read Article The historic Salloum building in downtown Gulfport is being transformed into…
May 2024 Nashville, Tennessee continues to experience unprecedented economic and population growth, resulting in numerous significant business expansions and national recognition. Franklin, TN named #2 on Southern Living’s The South’s Best Cities on the Rise in 2024. Read Article Meta approved for an 800-acre site on Gallatin campus, marking a 17% increase in…
May 2024 The Bowling Green market is currently witnessing a significant surge in both economic development and population growth. This momentum can be partially attributed to the area’s favorable cost of living, coupled with the expansion of businesses, leading to recent national recognition. Bowling Green named #1 in economic development for metros under 200,000…
May 2024 The Northwest Arkansas market is witnessing unprecedented economic growth and national recognition, driven by its affordable cost of living and favorable business climate. For the third year in a row, Northwest Arkansas has ranked in the Milken Institute’s Top 10 Best-Performing Cities, coming in at #7. Read Article Northwest Arkansas (Fayetteville-Springdale-Rogers…
May 2024 Lake Charles, LA is experiencing a noticeable upswing in the market, driven by increased recognition and substantial expansions within the LNG (liquefied natural gas) industry. The Lake Charles Harbor District is now a Top 10 port in the U.S. for cargo. Read Article Lake Charles Methanol II LLC (LCM) has announced…
April 2024 The Piedmont Triad is witnessing a surge in growth, attracting both residents and businesses, which can be attributed in part to its affordability and desirable location. Winston-Salem Greensboro named one of the top 10 emerging multifamily markets in 2024. Read Article North Carolina ranked in top 3 states to move in…
April 2024 The Lexington, KY market is seeing an increase in economic development and national recognition attributed to the region’s affordability and strategic location, enticing both new businesses and residents alike. Lexington climbs higher in U.S. economic development rankings. For 2023, the region achieved a significant move up the rankings in both total projects…
April 2024 The Chattanooga, TN market is witnessing an upswing in growth and recognition due to its location, affordability, and increasing demand for both residential and commercial properties. Chattanooga named one of the top 10 emerging multifamily markets in 2024. Read Article Chattanooga Airport celebrates new $28 million terminal renovation and expansion. Read Article…
March 2024 The Knoxville, TN market is experiencing an unparalleled surge in growth and national recognition due to its location, affordability, and increased demand from new residents and tourists. Knoxville named in top 3 up-and-coming real estate markets where rental investors and property managers can grow in 2024. Read Article Knoxville named one…
March 2024 The Memphis, TN market is experiencing steady demand, strategic development initiatives, and a growing business landscape, contributing to the appeal of its vibrant metropolitan area. Memphis has begun its $261 million makeover of its tallest tower located at 100 N Main St. The 37-story building will be converted into office space, hotel…
March 2024 The Indianapolis, IN market is currently experiencing expanding industries, infrastructure development, and a thriving business environment, fostering opportunities for continued prosperity in the city. A new survey from Forbes ranks Indiana as the second-best state to start a business in 2024. Read Article The February 2024 NBA All-Star weekend brings in…
March 2024 The Birmingham, AL market is experiencing significant growth and national recognition fueled by an increase in population, expanding businesses, and a thriving downtown area. Birmingham named one of the top 10 markets with the highest occupancy increases. Read Article Alabama wage growth outpaces national wage growth. For workers who have stayed…
February 2024 The Raleigh, NC market’s flourishing economy is fueled by sustained market growth, a diverse range of industries, and a vibrant tech scene, making it a thriving metropolitan landscape. Raleigh ranks No. 1, Durham No. 3 as best places to start a business. Read Article Raleigh ranks #2 when it comes to…
February 2024 The Charlotte, NC market is experiencing sustained growth, fueled by a diverse range of industries, a burgeoning tech sector, and strategic infrastructure investments. North Carolina named one of Forbes’ best places to start a business in 2024. Read Article Charlotte-Metro one of the best places to open a small business, recent…
February 2024 Louisville, Kentucky’s dynamic market is experiencing a surge of strong commercial growth, promising residential prospects, and a steady influx of new development projects. Investors target Louisville as multifamily market outperforms expectations. Read Article Louisville named one of the top 10 markets with the highest occupancy increases (by property counts) in 2023. Read…
February 2024 Huntsville, Alabama’s recent economic growth is characterized by robust commercial activity, burgeoning real estate opportunities, and an influx of investment – solidifying its position as a thriving economic center in the region. Huntsville ranks in top five for Southern metro tech development. Among the list of growing cities, Huntsville ranked 3rd in…
January 2024 Nashville, Tennessee is experiencing unprecedented growth due to booming economic development and an influx of new residents and tourism over the past few years. Nashville named best real estate prospect for third year by The Urban Land Institute. Read Article Nashville named one of four Sunbelt cities to emerge as major…
January 2024 New Orleans, Louisiana is experiencing a steady increase in property values, due to ongoing revitalization efforts and growing demand for both residential and commercial properties. Developers plan riverfront park, called The Batture, with food, drinks, and “other mixed-use elements” for Uptown New Orleans. Read Article Stakeholders celebrated the groundbreaking of the…
December 2023 Columbia, South Carolina is undergoing a notable economic upswing, with a surge in job opportunities and business growth. The combined economic development and growing job market are contributing to heightened demand for real estate. Home value growth in Columbia ranked top 10 in the nation. Report says prices rose 7.1%. Read Article…
December 2023 Louisville is experiencing a robust phase of economic growth, attracting major companies, an influx of new residents and visitors, and national recognition. Louisville ranked among the top five performing markets for rent growth in the country, with a 3.1% change from the previous year. Read Article Louisville tops the nation for…
December 2023 The Mobile/Baldwin County market is seeing an upswing in economic development and growth due to an increased number of new residents and tourists. New $150 million Airbus assembly line in Mobile will create 1,000 new jobs. It is expected to be complete mid-2025. Read Article Topgolf in Mobile opens, bringing 300…
November 2023 The Jackson market is experiencing a surge in commercial development creating significant economic impact for the area. Jackson Yards, $30M mixed-use development, coming to downtown. The project will be anchored by Metro Booming Training Academy, which is a trade school offering auto and diesel, construction, and food and beverage training. Read Article…
November 2023 The Memphis market is experiencing the ripple effects of Ford’s BlueOval City and a surge in commercial development. Ireland-based Medtronic Logistics is partnering with France-based CEVA Logistics for a $133,350,000 development of a new 1,014,000-square-foot facility in South Memphis. Read Article Magna, one of the world’s largest automotive suppliers, has announced…
November 2023 The Little Rock market is seeing substantial growth, with over $1.25 billion of ongoing projects impacting the downtown area and drawing new visitors, residents, and businesses. Little Rock celebrates opening of a new multi-million-dollar Lowe’s distribution facility. The $120 million project spans 1.2 million square feet. Read Article New 1.2 million…
October 2023 The Coastal Mississippi Market is seeing a boom in growth, bringing billions of dollars in construction. New developments will affect travel and tourism as well as resident quality of life and well-being. Gulfport-Biloxi International Airport receives grant for nonstop service to Washington D.C. Read Article Ground broken on $21 million MS…
October 2023 The Piedmont Triad market is seeing significant economic development and an increase in job creation due to a number of businesses establishing new facilities in the area and the airport expanding its footprint. Honda Aircraft Company (HondaJet) plans to build its new factory in Guilford County, bringing 280 new jobs with an…
October 2023 The Evansville market is experiencing strides in economic development that will promote growth, expand trade, and offer new exciting draws for both residents and visitors. Visit Evansville, formerly the Evansville Convention and Visitors Bureau, has announced its rebranding as Explore Evansville. Officials say the economic impact achieved by Explore Evansville has been…
September 2023 The Chattanooga market is seeing unprecedented growth that will only be further fueled by new economic development, benefitting both businesses and residents alike. Chattanooga area’s job growth in 2022 nearly doubles US pace. The number of workers on the job in Hamilton County in the fourth quarter of 2022 was up by…
September 2023 One of the fastest growing cities in the state of Kentucky, Bowling Green is seeing significant economic development, job opportunities, and national recognition. City of Bowling Green in running for ‘Best City on The Rise’ from Southern Living Magazine. Read Article Census data shows Bowling Green among Kentucky’s fastest growing cities….
September 2023 The Raleigh market is seeing major surges in national recognition, bringing about new developments and strategies on how to accommodate the rapidly growing population. Raleigh-Durham International Airport (RDU) is the fastest-growing airport in the country based on the year-over-year number of airline seats available to book. From July 2022 to July 2023,…
August 2023 The Birmingham Market continues to see extensive development and national recognition as businesses thrive and new leadership focuses on economic growth. Tquila Automation to create 200 high-tech jobs in new Birmingham hub. Read Article Fleetio, based in Birmingham, Alabama, raises $144.7M in funding. Read Article UAB prepares for growth after…
August 2023 As Macon/Warner Robins continues to grow, its infrastructure does as well. New economic developments and business expansion promise increased quality of life for existing and future residents. Cadence Bank invests $9 million into NewTown Macon’s community development initiatives. Read Article Construction is underway on the highly-anticipated Macon Amphitheater, a 10,000 SF…
August 2023 Knoxville continues to see rapid growth as one of the most desirable destinations in Tennessee. The city has numerous new developments underway promising increased quality of life for residents and visitors alike. Knoxville is one of the top 10 markets with the fastest rent growth in 2023 Q2, reports the National Association…
August 2023 Northwest Arkansas continues to see increased population growth and development. The cities that make up the area have many current expansion projects as well as new project approvals to benefit both locals and visitors alike. Counties in Northwest Arkansas saw their populations grow three to five times more than the state overall…
