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The few independently-owned businesses left in Nashville’s popular Lower Broadway district that don’t just appeal to tipsy out-of-towners are facing an existential crisis as a massive spike in property taxes is coming due at the end of February.
It was previously reported how independently-owned music venue and restaurant Acme Feed and Seed is facing closure due to their property taxes spiking from $129,000 last year to $589,000 this year—an increase of 356%. That’s more than our rent and net profit combined. We can’t pay it. It’s punitive,” says owner and local preservationist Tom Morales.
But that’s just where the concerns begin. Layla’s is another one of Lower Broadway’s few spots that caters to traditional country artists, original music, and a more authentic experience. Owner Layla Vartanian said recently to The District Nashville, a nonprofit that works to preserve Nashville’s historic core,…