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 increased property taxes resulting from new appraisals.
The city, which attracted 16.9 million visitors last year, is expected to see a rise in tourism over the next couple of years, making it a shame if these establishments were to close.
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The main concern is that the new property appraisals, completed in 2024, have led to unprecedented property tax hikes, potentially forcing some businesses to shutter their doors.
Author's summary: Nashville's downtown bars and restaurants face closure due to rising property taxes.