The document summarizes development plans and trends in downtown Nashville. It notes that the number of downtown residents has grown to over 7,300 currently and is projected to reach 12,000 by 2017. Over 50,000 people are now employed downtown, a 23.4% increase since 2004. Several new residential and commercial buildings are under construction or planned, and hotel rooms in the downtown area have increased 45% since 2012. The mayor expresses confidence that continued investment in downtown Nashville will make it a compelling urban center for living, working, playing and investing in the Southeast.