west point development off i-24 exit 80 @ new salem hwy ......processing and software solutions,...
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WEST POINT DEVELOPMENT @ I-24 Exit 80 in Murfreesboro, TN $24,000,000
West Point Development off I-24 Exit 80 @ New Salem Hwy & Warrior Drive
160 +/- Acres $24,000,000
• Development in Opportunity Zone for Tax Cuts Act of 2017
• Zoning allows mixed use, retail, commercial, light industrial & distribution
• All utilities included • New 5 lane construction project on New Salem
Hwy – Beginning Fall 2017 • Great visibility from I-24 • Traffic Count I-24: 85,289
(615) 542-0715 Direct [email protected]
License #221569
1535 West Northfield Boulevard, Suite 7 Murfreesboro, Tennessee 37129 615.896.4045
(615) 542-0715 John Harney [email protected]
Demographics 1 Mile 3 Mile 5 Mile
2017 Population 2,524 53,978 127,251
2022 Population 2,830 60,993 144,047
2017 Households 923 21,423 48,960
Median Household Income
$68,169 $54,259 $54,153
SITE
SITE
SITE
Opportunity Zone Map for Rutherford County
Future Murfreesboro Indoor Gun Range & Outpost Armory
(22,000+ SF)
I -24, Exit 80 Big Box Retail Site
Developer will divide
Medical Clinic
320 New Apartments
Rutherford County, TNCommunity Profile
Rutherford County Chamber of Commerce3050 Medical Center Pkwy
Murfreesboro, Tennessee 37129
P: (615) 893-6565 | F: (615) 278-2013
Rutherford County in the News
99.6 Top 3 1,523
Cost of Living Index vs. National Average of 100
Source: 1st Quarter 2018 ACCRA
Cost of Living Index
Murfreesboro and Smyrna Ranked #2 and #3 Fastest
Growing Cities in Tennessee
July 1, 2016 - July 1, 2017Source: U.S. Census Bureau
New Jobs were created in 2017 and $389 Million
in Capital Investments were made from 7 relocations and 15 existing company
expansions.
Destination Rutherford
Destination Rutherford is an economic development organization intended to serve all investors as a mechanism that pulls together the collective leadership of the Rutherford County public and private sectors in order to stimulate strategic economic growth.
Top 10 Private Sector Employers
Company
Nissan North America, Inc.Ingram Content GroupState Farm Insurance Co.Amazon Fulfillment CenterSt. Thomas Rutherford Hospital AsurionVerizon WirelessGeneral MillsBridgestone Americas, Inc.Adient
Employees
8,5001,8071,6501,4001,3151,2501,0681,0501,0071,000
6th
Rutherford County ranked 6th for the largest
employment increase in the nation
December 2016 - 2017Source: U.S. Bureau of Labor Statistics
Quick Facts
Rutherford County2018 Population: 321,2302023 Projection: 349,8602010 Census: 262,604Households: 117,744Avg. HH Income: $81,875.00Med. HH Income: $64,982.05
City of Murfreesboro2018 Population: 136,5952023 Projection: 148,1352010 Census: 108,755Households: 52,271Avg. HH Income: $79,509.00Med. HH Income: $59,266.71
Town of Smyrna2018 Population: 50,1832023 Projection: 54,8072010 Census: 39,974Households: 18,890Avg. HH Income: $75,976.00Med. HH Income: $61,494.68
City of La Vergne2018 Population: 39,1142023 Projections: 42,7462010 Census: 32,588Households: 12,804Avg. HH Income: $78,492.00Med. HH Income: $65,722.02
City of Eagleville2018 Population: 7022023 Projection: 7612010 Census: 604Households: 271Avg. HH Income: $79,076.00Med. HH Income: $63,912.33
Sources:2018 Claritas Estimate2010 Census Data
Recent Announcements
i3 Verticals
i3 Verticals, a company that provides technology-enabled paymentprocessing and software solutions, will open an operations center in a new class A office district in Murfreesboro. The move will create approximately 50 high-paying jobs for the community.
Topre America
Tier one automotive supplier to Nissan, Topre America, announced plans to expand their existing facility in Smyrna, TN, representing a $37.8 million captial investment and the creation of 50 jobs.
NFI
NFI officials announce plans to invest approximately $7.2 million to establish a distribution facility in Smyrna. One of North America’s largest logistic providers, NFI will create nearly 170 new jobs over the next five years in Rutherford County.
Education
Middle Tennessee State UniversityMurfreesboroFall 2017 Enrollment: 21,913
Motlow Community CollegeSmyrna CampusSpring 2017 Enrollment: 2,309
TN College of Applied TechnologyMurfreesboro and Smyrna 2017 Students Earning Certificate or Diploma: 320
2017 Total County Retail Sales$8 BillionSource: TN Dept. of Revenue
2016 Travel Related Expenditures $331.9 MillionSource: U.S. Travel Association
Labor Force At-A-Glance
Labor ForceUnemployment RateAvailable Labor Pool
Tennessee3,298,200 4.1%135,800
Nashville MSA1,050,1503.2%34,110
County176,6803.3%5,830
Rutherford County Schools2016-2017 Enrollment: 43,683
Murfreesboro City SchoolsEnrollment: 8,437
Rutherford County Private SchoolsEnrollment: 2,546
Patrick CammackSenior VP, Economic [email protected]
Erin HutchensDirector, Economic [email protected]
Beth DuffieldSenior VP, Workforce [email protected]
Updated August 1, 2018 TN Dept. of Labor June 2018 Report
MSA in the United States for Job Growth
Source: May, 2018 Forbes
In the State of Tennessee for Tourism Related Expenditures
Source: U.S. Travel Association
In the State of Tennessee for Retail Sales
Source: TN Dept. of Revenue
Rutherford Ranked
#3 #4
#9