It’s no secret the real estate market has been booming in Middle Tennessee for the last few years, and not even the global COVID-19 pandemic seems to have cooled it off. Companies are continuing to look at the region for relocation, and that’s also bringing new residents by the handful.
To help Williamson Countians better understand which real estate trends are here to stay after a year and a half under the blanket of the pandemic, Williamson, Inc. will bring in two local expert panelists for its Real Estate Summit on Nov. 30.
The summit is sponsored by Williamson Medical Center; Frost, Brown, Todd Attorneys, LLC; and Williamson County Association of Realtors.
“The idea for a real estate summit came from the disruption in the market and in the country caused by COVID-19,” Williamson, Inc. CEO Matt Largen says. “To the degree that we can, we want to examine what trends are here to stay and what trends are likely to disappear.
“Williamson County and the Nashville region have seen a considerable influx of residents over the past decade, and COVID-19 has accelerated the migration to our community. In partnership with WCAR, we want to learn what comes next from a residential real estate standpoint. What are buyers looking for in a home and what trends in residential real estate are likely to become permanent.”
The Real Estate Summit will run from 11 a.m.-1 p.m. The cost to attend is $85 for members, $100 for non-members and guests, and $1,500 for a company table of 10. Register at www.members.williamsonchamber.com.
Confirmed panelists for the summit are Elam Freeman, president and founder of Ojas Partners, and William Hastings, principal of Hastings Architecture.
Freeman founded Ojas, a commercial real estate advisory firm based in Nashville that specializes in servicing developers and emerging brands, in June of 2020. The company provides client services like project leasing and advisory, growth strategy and site selection, buyer and seller representation, and marketing and branding.
Several high-profile companies have moved corporate headquarters or offices to Williamson County in the last few years, and Elizabeth McCreary, chief economic development officer for Williamson, Inc., said there are several reasons why.
“With the best public education system in the state and 24 colleges and universities in the area, Williamson County continues to attract highly educated people, resulting in almost 60% of residents holding a bachelor’s degree or higher. Companies are relocating here in pursuit of that highly educated workforce,” she says. “Williamson County and the Middle Tennessee market promise access to executive- and management-level professionals, along with a business-friendly environment unmatched by most of the country.
“When evaluating both the immediate needs for talent and the long-term pipeline goals, companies find Williamson County an excellent place from which to recruit bringing it to the short list of relocation projects.”
Hastings, the principal at Nashville-based Hastings Architecture, takes pride in helping clients understand zoning and land-use issues. He assists clients with approvals, neighborhood and public input, and meeting with government officials.
Some of the major projects he has under his design belt include Montgomery Bell Academy, the Asurion Gulch hub, First Horizon Park and The Roxbury Latin School, all in Nashville.
As Williamson County and the surrounding area continue to grow, partnerships with designers and developers is also becoming more important.
“With 20% of all management jobs in the entire state of Tennessee, Williamson County plays a critical role in the state’s economy, and commercial real estate is a key factor in our ability to recruit and retain employers,” Largen says. “We will examine trends related to retail and commercial office space at the Real Estate Summit, too.”