Fiscal Impacts

In 2013, Smart Growth America commissioned a fiscal impact analysis of three real estate developments in Nashville to compare their financial benefits to the Nashville-Davidson County Metropolitan Government. The study determined that two of the three developments - The Gulch and Lenox Village - have yielded tremendous fiscal benefits at $115,720 per acre and $780 per acre, respectively. While serving as the Director of Planning for the Nashville Office of Looney Ricks Kiss Architects, The Walker Collaborative - Phil Walker served as the Project Manager leading both projects. The third development studied by Smart Growth America (which Walker had no involvement with) is a sprawling suburban development that barely yielded any positive fiscal impacts at only $100 per acre. For a summarizing article and the full report, please click here