2012 CBID Annual Meeting Presentation
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2012 CBID Annual Meeting Presentation

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2012 CBID Annual Meeting Presentation 2012 CBID Annual Meeting Presentation Presentation Transcript

  • 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
  • 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
  • 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
  • 2,800 miles logged on Segways YTD
  • 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.
  • Hospitality Ambassadorsoffer visitors guidebooks,maps and printouts--YTD over 12,000 printoutsand 3,000 discount coupons!
  • 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
  • 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
  • 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)
  • LIVE DowntownIn 2012, 6,056 people do!
  • Appeal of Urban LivingUrban Experience 51%Central Location,Convenience 44%Nightlife 34%Close to Work 28% Downtown Residential Survey July, 2012
  • Rental Demand Soars!Highest ever rentaloccupancy–98%1,836 rental unitsnow; 356 underconstruction and754 more planned
  • 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)
  • 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.
  • Growth in Key Retail Areas• SoBro adds two newlocally owned restaurants Etch• Major arts district on 5thAvenue North – 20 galleries
  • • 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
  • 79 Downtown Nightlife Venues
  • 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
  • 182 Downtown Dining Options
  • 7.5 million square feetcommercial officeinventory downtown
  • Dynamic downtownpresence since 2009;continuing to addhundreds of jobs
  • In 2012, Asurion brings 500+ newdowntown jobs to SoBro’s GoldLEED certified Ragland Building
  • 333 Commerce AddsNew Long-term Tenant Leasesh3gm (2012)Pillsbury Winthrop Shaw & Pittman (2012)Littler Mendelson (2013) and U S Bank (2013)
  • h3gm at 333 Commerce
  • Creative Artists Agency Moves Downtown
  • Downtown Employee Appreciation Week90% of employees sayworking downtown isFUN! We celebratedagain October 1-5.
  • Downtown has a“walker’s paradise”rating onwalkscore.com
  • In 2012, 447 Hanging Flower Baskets on Eight Downtown Streets
  • GETTING AROUND WeCar
  • Nashville B-CycleDecember 13thLaunch Date
  • Ryman AuditoriumPollstar Theatre of the Year for both 2012 and 2011
  • 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.
  • Makeover ofHistoricRyman AlleyCompleted in April, 2012
  • Named one of the Top 100 Hotels in the World and 4th Best Large City Hotel by Travel + Leisure
  • Live on the Green at Public Square Park Free Weekly Concerts on Six Thursdays Each Fall
  • INVEST
  • Over 1,000 People At Each First Saturday Art Crawl
  • 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
  • 2012 Board of Directors
  • Thank you to outgoing Board members!• Bert Mathews, 2012 Chairman• John Fleming• Richard Fletcher• State RepresentativeMary Pruitt, Ex Officio
  • 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
  • “To make downtown Nashville the compelling urban center in the Southeast in which to LIVE, WORK, PLAY and INVEST.”