That delivery pattern should make for a
competitive leasing
environment for upscale units during late 2014 and early 2015, especially in the
urban core Uptown / South End submarket that is getting so much of the new supply.
Fewer deliveries in 2018 should allow Nashville's rent growth pace to improve a little during the coming year, but there still will be enough new product coming on stream to ensure a very
competitive leasing
environment at the top end of the product spectrum in the
urban core.