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 of Realtors Research Group.
Knox County is one of the most desirable destinations in the state, as Tennessee has become an even more popular place to live.
Knoxville Metro Area rent prices saw a 9.6% increase during June — significantly higher than the national average, which saw a 2.3% increase.
Axle Logistics held a ribbon-cutting for their new headquarters in Knoxville.
The University of Tennessee has formally issued a Request for Information to develop an entertainment district on the Tennessee River waterfront near historic Neyland Stadium. The mixed-use space would include a full-service hotel with condominiums and conference/event space.
$30M Gay Street development is bringing 57 condominiums and 22,000 square feet of shops and restaurants.
Georgia-based developer claimed two of downtown’s remaining blank slates with plans to add nearly 350 hotel rooms to a Knoxville market, including an AC Hotel by Marriott as well as a Tempo by Hilton.
