For all of us who spent time in california or anywhere that has Trader Loe's, this is big news.

"Specialty grocery retailer Trader Joe's plans to open a store in Green Hills at 3903 Hillsboro Pike by the end of the year.

The 14,000-square-foot store will take up part of the old Wild Oats building, a highly-sought-after retail space because of its visibility and location.

The store scheduled to open before Thanksgiving, says Alison Mochizuki, the company's national director of publicity.

The company, which started in Southern California in 1958, has more than 250 stores in 22 states. Trader Joe's are known for their selections of gourmet and natural foods, personal home and hygiene products, wine and private label lines. "

Reprinted from the Nashville Business Journal.

Nashville's public school system has one of the highest graduation rates in the country, according to the group America's Promise Alliance.

Mesa, Ariz. came in first place with a graduation rate of 77.1 percent, while San Jose, Calif. and Nashville-Davidson County School District tied for second place at 77 percent.

Memphis ranked 13th on the list with a graduation rate of 61.7 percent.

The report didn't bring good news for many major cities. It found that 17 of the 50 largest cities had high school graduation rates lower than 50 percent.

Detroit's public schools had the lowest rate with 24.9 percent of the students graduating from high school.

 Tennessee Makes News as Affordable Market

A newly-released study by Bizjournals.com ranked the 50 largest
metropolitan areas in the U.S. as to housing affordability. Tennessee
had TWO cities make it into the top 20!

Memphis ranked 9th, and Nashville ranked 16th! [FYI: The LEAST
affordable market in the study, ranked 50th? Los Angeles, CA]

The study looked at median household income per month and the median
total housing payment per month - for each of the 50 markets - to
compute total housing payment as a percentage of household income. This
showed 22.43% of income spent on housing in Memphis. In Nashville, the
figure was 24.15% spent on housing. [And in Los Angeles? 75.46%!]

Today's Nashville Business Journal had this story:

The state of Tennessee attracted enough new economic development projects in 2007 to place third on Site Selection magazine's 2007 Governor's Cup rankings.

The state had 293 corporation location projects last year that either had a capital investment of at least $1 million, created at least 50 new jobs or involved the creation at least 20,000 square feet of new floor area.

The magazine does not track retail or government projects, hospitals or schools, meaning only private, for-profit expansions were counted.

The survey, compiled by numbers tracked by Site Selection's parent company Conway Data Inc., also ranked metro areas in four categories by size. The rankings were based on the number of job creation projects.

Nashville-Murfreesboro ranked sixth for metro areas of populations of more than 1 million, Knoxville ranked 10th for metro areas between 200,000 to 1 million, and in the 50,000-200,000 metro category, Morristown ranked second and Johnson City ranked fourth.

Site Selection, published by Conway Data, is the oldest publication in the corporate real estate and economic development field and the official publication of the Industrial Asset Management Council.

Last year Willoughby Station in Mount Juliet had over 90 homes sales. That's almost 8 per month.

Currently Willoughby has 18 existing homes for sale and 10 new homes being built by Beazer Homes.

Thats less than 4 months supply and signifies a Sellers Market!

For more details on Willoughby, Mount Juliet or other Nashville areas email Jim@CathyWood.com

A 32 Acre Farm on Gilmore Hill Rd. has just been put up for foreclosure by the mortgaging Bank.

The Listings details are:

 Brick home on 32.5 acre lot w/full bsmt. Home has been rehabbed. New kitchen, carpet, paint, etc. Very private lot. View of the Cumberland River. 4 outbuildings with electricity. 1 of the bldgs is a huge 2 level quonset hut.


The Farm is reported to have a view of the Cumberland River.

For additional Information email : Jim@CathyWood.com


 

This Just in.

The New Paddock Shopping Center, which wil be even larger than Providence, is moving forward.

Last week the Paddocks ownership donated 8 acres of land to the City. That land will be used to build a new City Police Office on Pleasant View Rd.

Now comes word from the Mount Juliet Economic Development Council that the concrete pads for both the Super Wal-Mart and the new Lowes will be poured by June!

Add to that the target date to open the new Stores will be BEFORE Christmas 2008!

Congratulations Mount Juliet.

The Mount Juliet City Commissioners have approved the mammoth Paddocks Development Plan<< MORE >>

Mt. Juliet Park<< MORE >>

RES		Mls No.	Media	Area	Status	Address	Sub/Dev	Bkr Code	SqFt	Built	BR	FB	HB	List Price	Sales Price	OH
1		932509		11	Active	345 HICKORY DR	LANGFORD COVE 2	ONES01	3,236	1964	3	3	0	$239,900
2		941371		11	Active	4802 WAYSIDE DR	LANGFORD FARMS 3	CPRE03	2,452	1983	3	3	0	$244,900
3		897072		11	Active	4603 BROWN LEAF DR	LANGFORD FARMS 3	CARH02	2,485	1987	4	2	1	$249,500
4		918915		11	Active	1002 OVERHILLS CT	LANGFORD FARMS 10	REAL01	3,234	1997	4	3	0	$299,900
5		936673		11	Active	803 OVERHILLS DR	LANGFORD FARMS 7B	CARH01	3,303	1994	4	3	1	$319,000
6		902583		11	Active	5549 W. SHADY TRAIL	LANGFORD FARMS	REAL01	3,415	1993	4	2	1	$334,000
7		905167		11	Active	813 OVERHILLS DR	LANGFORD FARMS 7C	LAKE01	4,711	1994	5	3	1	$349,900
8		925170		11	Active	834 OVERHILLS DR	LANGFORD FARMS 7C	KWRI03	3,432	2001	4	3	1	$354,900
9		908975		11	Active	5203 RUSTIC WAY	LANGFORD FARMS 1	KLIN01	2,470	1980	3	2	1	$375,000
10		928743		11	Active	415 LAKESHORE DR	LANGFORD COVE 1	BRES09	2,657	1958	3	2	0	$396,900
11		928990		11	Closed	313 HICKORY DR	LANGFORD COVE 2	WMGR03	1,632	1975	3	1	1	$159,500	$155,100
12		907143		11	Closed	1005 OVERHILLS CT	LANGFORD FARMS 10	CPRE03	3,156	1997	4	3	1	$299,900	$290,000
13		923031		11	Closed	5620 SCENIC RIDGE DR	LANGFORD FARMS 5	CARH02	3,686	1986	5	3	1	$319,900	$316,500
14		921703		11	Closed	1000 OVERHILLS CT	LANGFORD FARMS 10	CRYE02	3,635	1997	4	2	1	$324,800	$308,000
15		898621		11	Closed	206 E BEND CT	LANGFORD FARMS 7A	REAL01	3,152	1994	4	2	1	$324,900	$310,000
16		902749		11	Closed	5505 W. Shady Trail	Langford Farms	CPRE03	3,422	1981	3	3	0	$359,000	$350,000