Murfreesboro Building Activity in 2023 Hits High of $1 Billi

Murfreesboro Building Activity in 2023 Hits High of $1 Billion in Valuation as Large Commercial Projects Expand with Overall Construction

MURFREESBORO, Tenn. – Murfreesboro’s single-family permits and new commercial development in 2023 reveal expanding growth and higher valuation due in part to rising construction costs. Overall building activity in 2023 hit $1 billion in permit valuation, a new high for Murfreesboro, which recorded a 3-year permit valuation of $2.7 billion since January 2021.
New commercial permits in Murfreesboro rose in 2023 to 69 permits from the 62 permits issue ...

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