The Let's Move Nashville plan would spend $9 billion (including $5.4 billion for capital costs) to build a new transit network in the quickly growing city of Nashville. Voters will decide if the plan is worth the cost.
The Washington Post examines "missing middle" housing as a solution for retaining millennials in cities and interior suburbs. There is still some question, however, about whether millennials are actually leaving urban areas.
The speculation about a planned transit investment program in Nashville began in August, and now the mayor is throwing full support behind a referendum that would raise four kinds of taxes to pay for a $5.2 billion in transit investments.
Nashville stakeholders are increasingly concerned by a post-Recession wave of real estate investment trusts buying up all the housing stock in neighborhoods gutted by the foreclosure crisis. The trend extends to other Sun Belt cities as well.