The median price for a home in the Nashville market rose 3.5 percent from Q1 2012 to Q1 2012 — a respectable clip but far behind the marks of our Southern peer/competitior cities.
According to numbers from the National Association of Realtors (see here), Austin saw an increase of 8.7 percent. Charlotte's figure was 11.4 percent. Jacksonville's mark was 13.2 percent, while Orlando enjoyed a rise of an impressive 16.5 percent.
In fairness to Nashville, these cities' housing markets, compared to ours, may have been in a far less healthy state in the first quarter of 2012, somewhat distorting the true measuring accuracy of their median home price increases a year later. Still, as Nashville continues to compete for jobs, growth and bragging rights, the percentages cannot be ignored.
UP Development of Franklin has under contract a 1.1 million-square-foot regional mall in the Orlando area. Publicly traded owner Pennsylvania Real Estate Investment Trust put the property on the market earlier this year. Scott Fish, UP principal and the man who a few years ago took over what is now the A-Game Sportsplex in Cool Springs, and his team like to redevelop older properties rather than build new in suburban markets.
Cvent Supplier Network has ranked Gaylord Opryland Hotel & Convention Center No. 2 in the United States for hotel meeting spaces, the company announced today.
The Peabody Orlando is ranked No. 1. No other Tennessee-based hotels are on the list.
Cvent is a cloud-based provider of event management and venue selection solutions.
See the full list here.
Smyrna-based DWP Live announced Monday it provided 3D projection mapping that more than 150 million Americans watched as Madonna performed at the Bridgestone Super Bowl XLVI halftime show.
This is the first time the Super Bowl has featured projection as a component of its halftime show. The 3D projection mapping is a technique that turns any surface into a canvas for 3D video display. DWP Live used projectors to make the playing field of Lucas Oil Stadium in Indianapolis a virtual kaleidoscope for the Material Girl’s performance.
“People have seen our work on concert tours and corporate meetings, but they never know it’s us and they never know the full extent of what we can do,” Danny Whetstone, who founded the company in 2007, said in a release.
The halftime show lasted 13 minutes and 33 seconds but Whetstone and his crew required more than three weeks of dedicated time in Indianapolis. The DWP team used 32 Barco FLM HD20 projectors to fuel the show’s dynamic visuals.
In addition, DWP Live used Coolux Pandora’s Box to power projectors and entertain more than 800 selected guests at the NBC Super Bowl Saturday Night Party, an event designed and produced by California-based Angel City Designs, LLC, and held at the Indiana Roof Ballroom.
Relatedly, LMG Inc. provided lightweight LED and video projection support for the halftime event. LMG is based in Orlando and has an office in downtown Nashville.
Vivere Health, the operator of fertility clinics run by former National Renal Alliance CEO Joe Cashia, has expanded into Florida by partnering with an Orlando doctor to open the Vivere - Winter Park Fertility Laboratory. Cashia, who in the spring of 2010 raised more than $20 million to launch Vivere, plans to recruit additional doctors and open satellite clinics in the area.