2021 Development Report

7 86,628 Estimated Population This estimate is based upon existing housing types, average household size, and estimated vacancy rates. 44.23 Square Miles The City of Franklin encompasses 44.23 square miles, slightly larger than the city limits of Paris, France. 666.45 Acres Annexed in 2021 The City of Franklin annexed 295 acres for the Poplar Farms PUD Development and 244 acres for Southvale PUD. 1,017 Dwelling Units Were Constructed in 2021 Approximately 51% of these units were single-family homes. 13,708 Dwelling Units are Approved and Yet to be Built 49% of these units are apartments, and 22% are townhomes or condos. 3,790 Dwelling Units Approved in 2021 Approvals in the Berry Farms Developments account for approximately 52% of these units. 37,306 Existing Housing Stock The total number of dwelling units as of December 31, 2021. 364,112 Nonresidential Square Feet Approved by Site Plan An additional 235,947 square feet of nonresidential development was approved as part of 4 Development Plans. 2 of the 4 approved Development Plans resulted in a reduction in square footage. 2021 CITY-AT-A-GLANCE

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