2012 CBID Annual Meeting Presentation

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2012 CBID Annual Meeting Presentation

  1. 1. ABOUT THE CBIDCBID Area: 371 acres, 90 blocks indowntown NashvilleCurrent 10-year term: January 1,2008 – December 31, 2017Management agreement withNashville Downtown Partnership toprovide wide range of CBID services
  2. 2. TOP PRIORITY FOR CBID BUDGET• Public Space Management – Clean Team – Safety Team/Hospitality Ambassadors – ADDED July 1, 2011: OUTREACH COORDINATOR – Landscaping and Beautification 55% of TOTAL 2010-2011 CBID BUDGET 57% of TOTAL 2011-2012 CBID BUDGET
  3. 3. PUBLIC SPACE MANAGEMENT YTD in 2012 the Clean Team:• Removed over 93,500pounds of trash and 5,680 square feet of graffiti• Power washed 859 block faces and 1,121 alleys
  4. 4. 2,800 miles logged on Segways YTD
  5. 5. TRACKING SYSTEM• The Clean and Safe TeamsUse the Eponic tracking system torecord and track progress on workorders and assignments.• Hand-held devices provide them asearchable database of businesses and walkingdirections– as well as printouts for visitors.
  6. 6. Hospitality Ambassadorsoffer visitors guidebooks,maps and printouts--YTD over 12,000 printoutsand 3,000 discount coupons!
  7. 7. PROGRESS ON OUTREACH• Since July, 2011, a full-time Outreach Coordinator with specific target group (top 50 with highest number of arrests within CBID, in need of housing and services)• To date, 17 clients (with a 3-year total of 2,094 arrests) have received assistance through this outreach
  8. 8. PROGRESS ON OUTREACH• Of these, 15 were placed in housing with wraparound social services and 7 have already transitioned into apartments funded by vouchers or their own incomes• Another 3 clients are being processed now• Two others were reunited with their families through the Homeward Bound program
  9. 9. HOMEWARD BOUND• One-way transportation to families, jobs or services for 442 individuals since June, 2008 (cost: $64,856)• These 442 people had 3,431 arrests downtown (estimated cost of $3.4 million)• 74 assisted YTD 2012 ($12,477 for bus tickets)
  10. 10. LIVE DowntownIn 2012, 6,056 people do!
  11. 11. Appeal of Urban LivingUrban Experience 51%Central Location,Convenience 44%Nightlife 34%Close to Work 28% Downtown Residential Survey July, 2012
  12. 12. Rental Demand Soars!Highest ever rentaloccupancy–98%1,836 rental unitsnow; 356 underconstruction and754 more planned
  13. 13. Downtown Residential Sales • Average of 190 sales per year in 2009, 2010 and 2011 • 209 closings, January- November 28, 2012 • Only 2 developer-owned units remain on the market and 52 re-sales (2.5-month inventory)
  14. 14. LIVE IT UP! 2012 Tour Since 2004, over 10,000 people have come to these annual tours; total economic impact of $50 million in sales and leases.
  15. 15. Growth in Key Retail Areas• SoBro adds two newlocally owned restaurants Etch• Major arts district on 5thAvenue North – 20 galleries
  16. 16. • 2011 retail openings: 36 2012 Retail Update• 48 new retail businesses opened or announced between January 1 and November 29, 2012• 28 food establishments• 14 shopping options• 6 music and nightlife
  17. 17. 79 Downtown Nightlife Venues
  18. 18. Downtown Amenities16 coffee shops14 barbers, hair salons, nails11 massage therapy11 fitness centers/dance studios9 bakeries 6 ice cream/yogurt shops 4 post offices 4 florists 2 urban grocery stores 1 urgent care center
  19. 19. 182 Downtown Dining Options
  20. 20. 7.5 million square feetcommercial officeinventory downtown
  21. 21. Dynamic downtownpresence since 2009;continuing to addhundreds of jobs
  22. 22. In 2012, Asurion brings 500+ newdowntown jobs to SoBro’s GoldLEED certified Ragland Building
  23. 23. 333 Commerce AddsNew Long-term Tenant Leasesh3gm (2012)Pillsbury Winthrop Shaw & Pittman (2012)Littler Mendelson (2013) and U S Bank (2013)
  24. 24. h3gm at 333 Commerce
  25. 25. Creative Artists Agency Moves Downtown
  26. 26. Downtown Employee Appreciation Week90% of employees sayworking downtown isFUN! We celebratedagain October 1-5.
  27. 27. Downtown has a“walker’s paradise”rating onwalkscore.com
  28. 28. In 2012, 447 Hanging Flower Baskets on Eight Downtown Streets
  29. 29. GETTING AROUND WeCar
  30. 30. Nashville B-CycleDecember 13thLaunch Date
  31. 31. Ryman AuditoriumPollstar Theatre of the Year for both 2012 and 2011
  32. 32. Bridgestone Arena: 2nd consecutive year in Pollstar’s Top 10 for U.S. Concert AttendanceSince 2010, BridgestoneArena hosted 15 of the 25highest grossing NorthAmerican tours.
  33. 33. Makeover ofHistoricRyman AlleyCompleted in April, 2012
  34. 34. Named one of the Top 100 Hotels in the World and 4th Best Large City Hotel by Travel + Leisure
  35. 35. Live on the Green at Public Square Park Free Weekly Concerts on Six Thursdays Each Fall
  36. 36. INVEST
  37. 37. Over 1,000 People At Each First Saturday Art Crawl
  38. 38. Image & Communications Guidebooks: two editions per year, 35,000 copies each Downtown Details: weekly e-newsletter Mobile app for nashvilledowntown.com Website event calendar (online submissions available for businesses) parkitdowntown.com 8% of TOTAL 2010-2011 CBID BUDGET 7% of TOTAL 2011-2012 CBID BUDGET
  39. 39. 2012 Board of Directors
  40. 40. Thank you to outgoing Board members!• Bert Mathews, 2012 Chairman• John Fleming• Richard Fletcher• State RepresentativeMary Pruitt, Ex Officio
  41. 41. Nominees for 3-Year Board Terms, 2013-2015 Zack Liff Frank Lewis Hugh Queener Brenda SandersonDZL Management/ First Baptist Nashville Pinnacle Financial Viridian condo; Cummins Station Partners Broadway
  42. 42. “To make downtown Nashville the compelling urban center in the Southeast in which to LIVE, WORK, PLAY and INVEST.”

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