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Franklin reports steady development in first half of 2025; impact fees, multifamily lead activity
Summary
City staff told the Board of Mayor and Aldermen that permitting and construction valuation for the first six months of 2025 remain strong, with roads and sewer driving most impact-fee revenue and a rise in multifamily permitting tied to an active-adult community.
Catherine, a city staff member presenting Franklin’s quarterly development activity report, told the Board of Mayor and Aldermen on Aug. 26 that permitting and construction valuation for the first six months of 2025 remained strong and largely in line with recent years. "So far, we've issued 577 building permits, 2,725 trade permits and 201 fire permits," she said, summarizing calendar-year activity.
The report covered January through June 30, 2025, and also closed out fiscal year 2025 (which runs July 1–June 30). The city recorded roughly $528 million in construction value in the first six months — about $151 million residential and $376 million nonresidential — and staff said that fiscal-year construction valuation finished at about $884.5 million, a 2.6% increase over fiscal 2024.
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