Assessing the impact on building permits
The Nashville 2020 Tornado was the 6th costliest in US history, with estimated damages of $2bn
Using Python and Folium Maps we were able to plot the path of the Tornao and the building permits in the area.
Folium maps is very powerful – and creates html files that can be shared with users that remain interactive.
Download the zip file below; unzip it and then double click (it should open in your browser)
221% increase in value of construction permits
This is a slide from our group analysis.
For the 3 months – March to May in 2020, the value of permit applications increased by almost $85 million.
Decline outside the Tornado Zone
At the time of this analysis (mid August 2020), the construction permit costs were down about 12% on a run rate basis from 2019.
A possible factor in this decline is the COVID-19 Pandemic.