Nashville's Downtown Bars and Restaurants in Danger
Nashville's downtown area, particularly Broadway, is at risk of losing some of its iconic bars and restaurants due to new property appraisals.
With 16.9 million visitors in the last year and an expected increase in the coming years, it would be a shame if these establishments were to close, especially if the reason is avoidable.
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The new property appraisals, completed in 2024, have led to unprecedented increases in property taxes, putting pressure on business owners.
- 16.9 million people visited Nashville last year
- Annual visitor numbers expected to increase in the next couple of years
- New property appraisals have raised property taxes to record heights
Author's summary: Nashville's downtown bars and restaurants face closure due to rising property taxes.