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Overview

Renaissance at Peachers Mill is strategically located within convenient drive times to the submarket’s largest employers, thoroughfares, shopping districts, universities and downtown Clarksville, thus driving economic growth and apartment demand. The Subject is 10 minutes southeast of Fort Campbell, Clarksville’s largest employer, economic driver and Tennessee’s 2nd largest employer. This extremely active, 105,000 acre military base has a daily population of 28,500 soldiers and employees, generating a direct economic impact of $3.7 billion. The economy is anchored by Fort Campbell, but the emerging manufacturing, University and healthcare presence have helped promote the cities recent job growth. Advanced manufacturing accounts for roughly 15% of the jobs in the city and has grown by nearly 8% over the past year. The metro’s low business costs attracted several industry-leading giants to open national operations in the city, including Google, Hankook Tires & LG Electronics, which have recently invested a combined total of $1.7 billion to expand operations in Clarksville, creating over 2,500 jobs alone. These recent economic developments combined with Clarksville’s long standing economic anchors, and CLK’s experience in the market will allow CLK to execute on its operational strengths and objectives.

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