2018 Development Report

7 2018 CITY-AT-A-GLANCE 79,608 Estimated Population The population in Franklin has increased by 2,244 residents in 2018. 34,276 Existing Housing Stock The total number of dwelling units as of December 31, 2018. 2.9% Population Growth Rate This year’s population growth rate slowed from the 2017 growth rate of 3.9%. 303.38 Total Acres Rezoned in 2018 These properties were rezoned into residential, office, civic, and mixed-use districts. 1,027 Dwelling Units Constructed in 2018 7,293 dwelling units are yet to be constructed. 302 Residential Units Approved in 2018 The fewest residential units approved since 2011. 1.15 Million Nonresidential Square Feet Approved by Site Plan Nonresidential approvals include office, mixed-use, retail, commercial, medical office, industrial, institutional, and hotel uses. 0 Acres Annexed The last time the City experienced zero annexations was in 2012.