Carlyle Carroll, Vice-President of Economic Development for the Nashville Chamber of Commerce, was the guest speaker for the month of January. A recap of 2009 showed that there were 33 business relocations to the Nashville area as well as 3,138 jobs created. 2010 objectives include employment growth of 1.5% per year in the region as well as population growth of 2% per year. In a recent survety, Nashville was listed as the 5th strongest economy and the 8th best climate for business. Men's Health Journal even named Nashville as the "Manliest City in the Country!"
The guest speakers for February were comprised of industry professionals in several areas. The panel included Gantt Neill of N&S Waterproofing, Chris Sawyer of Citadel Security, and John Maxwell of Maxwell Roofing. These three individuals gave BOMA Nashville members some insight into their respective industries and some of the changes that have taken place over the last several years.
March 2010
During our March luncheon, we had the presentation of our TOBY Awards. Thanks to all of the property managers who participated and the members who took the time to judge!!
April 2010
There was no membership meeting in April due to the upcoming BOMA Southern Region Conference.
May 2010
June 2010
Hands On Nashville ( HON) has played a huge part in assisting those affected by the Nashville flood. Brian Williams, Executive Director of HON, spoke to BOMA Nashville about his organization during the June luncheon. HON manages 40,000 volunteers on an annual basis by connecting these volunteers to community needs. The impact of this volunteer work is 22 million dollars annually. Over the last six weeks, over 16,000 volunteers have been deployed through HON to assist with the needs of our city. Thanks Hands On Nashville for allowing the Volunteer State to truly live up to its name!!
July 2010
Most, if not all of us, have felt the impact of the banking crisis. Ernie Felts is the Vice President of Commercial Lending at First Tennessee Bank and he gave BOMA Nashville some insight as to how bankers now consider commercial lending opportunities. Mr. Felts explained that when the TARP program was passed in October of 2008, over $350 billion was injected into the banks in an effort to stabilize the country's commercial banking system. The good news is that over half of this has been repaid. As for the current lending environment at the local level, several area banks are not making any real estate loans as their goal is to reduce real estate exposure. Mr. Felts emphasized that this should be short term as the Nashville real estate market is not overbuilt combined with the fact that we have been blessed with many corporate relocations due, in part, to our outstanding community leadership.
August 2010
September 2010
October 2010
November 2010
December 2010