Bohler Nashville’s Kevin Eakes and Joe Gladstone recently attended the Tennessee Economic Development Council (TEDC) 2025 Spring Conference, where leaders from across the state gathered to explore trends, challenges, and opportunities shaping economic development in Tennessee.  

From workforce development and housing affordability to energy innovation and industrial readiness, the conference highlighted how Tennessee communities are adapting to meet the evolving needs of employers and drive long-term economic growth. 

Here are their top takeaways: 

1. Workforce Remains the Top Priority

Manufacturers aren’t just looking for power and water — they’re looking for people. With the labor shortage top of mind, companies are investing in quick-training programs and workforce education to ensure their facilities are properly staffed. Affordable housing is also a major factor in site selection, as employers ask: Can our employees afford to live and raise families here? Addressing addiction and rural workforce barriers are also seen as essential to supporting long-term employee success. 

2. Nuclear Energy Making Strategic Strides

Energy security and supply are gaining urgency. Orano’s selection of Oak Ridge, TN, as its preferred site for a new uranium enrichment facility signals a major milestone in re-establishing a domestic nuclear fuel source — backed by streamlined permitting and strong public-private alignment. 

3. Speculative Industrial Buildings Speed Up Market Readiness

To attract manufacturers and other end users, municipalities are proactively investing in speculative (spec) industrial buildings. These ready-to-go spaces reduce time-to-market, especially when paired with tax incentives and expedited permitting processes. 

4. Market Uncertainty Slows Momentum

While interest in Tennessee remains strong, many companies are in wait-and-see mode due to market instability and tariff concerns. Economic developers report a slower year compared to 2024 — but remain optimistic about long-term growth. 

5. Retail and Mixed-Use Still Fueling Community Growth

Retail continues to be a major driver of local economic development, with communities actively pursuing mixed-use, multi-tenant projects that bring vibrancy and services to growing neighborhoods.

6. Stronger Together: Collaboration Drives Development

The TEDC conference provided valuable networking opportunities, bringing together design professionals, general contractors, economic development professionals, and local and state officials. The recurring theme: collaborative relationships are key to delivering successful development outcomes. 

Ready to leverage development opportunities across Middle Tennessee? Connect with our team.

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