Potential Development on Manchester Hwy in Murfreesboro, TN

Real estate in Murfreesboro, TN continues to grow at an accelerated rate. It is no surprise to residents here that once Murfreesboro is being targeted for a new development. While some residents will welcome this proposed expansion, others will be saddened that progress is slowly taking away the small hometown they love.

The Jones Foundation is proposing a 640 acre development in the southeast portion of the city which will run along Manchester Hwy. This real estate venture will consist of various new retail stores, grocery store, hotel, new multiscreen movie theatre, apartments, townhomes, and single family homes. It is even possible that a school and firestation would be included in the development. There will be a mixture of residential real estate and retail stores that are designed in such as way as to encourage the neighborhood feeling and community involvement.

J. Paul Vaughn is the managing director of the Jones Foundation. He describes the proposed development as “cutting edge” and says it is a design that has not been seen in Rutherford County. The concept is for the development to be its own community within itself. Developers do not view this as just another subdivision, but rather see it as a place where neighbors socialize and have everything they need within their own community. I guess you could say they want to build a city within the city.

Developers will present their master plan for the community to the Murfreesboro Planning Commission on August 16, 2006. In order for the plan to be approved, the city would need to annex the proposed site. If this were to be approved by the Commission, residents would have their chance to be heard through a public hearing which would be set by the Commission.

Although this development is still in the early planning stages, it looks like once again progress cannot be stopped. Murfreesboro is growing larger and expanding faster than I could have ever imagined! The continued development and expansion of the city will definitely have a positive impact on the real estate housing market in Murfreesboro, TN as well as other surrounding areas. Home values continue to grow along with the city.