This document summarizes the annual meeting of the Nashville Central Business Improvement District (CBID) Property Owners on November 12, 2015. It discusses the CBID budget priorities of public space management including cleaning, safety, and landscaping. Metrics on cleaning and outreach programs that provided housing to homeless individuals are presented. Downtown development trends of increasing residential units, employees, hotels and amenities are outlined. The meeting concluded with electing board members and officers for 2016.

1. Nashville District Management
Corporation
Annual CBID Property Owner Meeting
November 12, 2015

2. ABOUT THE CBID
Area: 371 acres, 90 blocks
in downtown Nashville
Current 10-year term: January
1, 2008-
December 31, 2017
Management agreement with the
Nashville Downtown Partnership
to provide a wide range of CBID
services within these boundaries

3. Top CBID budget priority
• Public space management
– Clean team
– Safety team, Hospitality Ambassadors
– Outreach Coordinator
– Landscaping and beautification
55% of TOTAL 2015-2016 CBID
BUDGET
57% of TOTAL 2014-2015 CBID
BUDGET

4. Downtown clean teams
January-October, 2015
• Removed 88,173
pounds of trash
• Removed 4,392
square feet of graffiti

5. Downtown clean teams
January-October, 2015
• Power washed
508 block
faces
• Power washed
471 alleys

6. Downtown clean teams
7 days per week, 7 am to 3:30 pm;
Monday-Friday 3 pm to 11 pm,
two team members focus on
pressure washing and other projects

7. Ambassadors on Segways 7 days a week:
3,551 miles, January-October, 2015

8. Housing first approach is making
a real difference
‘’YES, WE ARE PAYING MORE AS TAXPAYERS TO WALK PAST THAT
PERSON ON THE STREET AND DO NOTHING THAN WE WOULD BE PAYING
TO JUST GIVE THEM AN APARTMENT.”

9. 3-Year outreach progress
• Since July, 2011, a fulltime Outreach
Coordinator has focused on providing
housing and wraparound social
services to individuals with highest
number of arrests in the CBID.
• Several peer cities are duplicating this
successful “housing first” model for
outreach.

10. Outreach results
• 56 clients have received housing
placements
– 17 have moved to permanent housing with
outside sources of support
– 9 others are currently in transitional housing
with wraparound services
– 1 is in rehab
• Based on the clients’ prior activity,
2,250 arrests have been prevented by this
program

11. Homeward Bound
• Since June 2008, a total of 779
individuals have received one-way
transportation to families, jobs or
support services
– They accounted for 6,180 Nashville arrests
– Total program cost: $127,242

12. Central Precinct Crime Stats
YTD 2015 to 2011
• 15% decrease in Robbery,
Assault, Burglary
• 18% decrease in Theft
• 19% decrease in Misdemeanor
Citations

13. 590 Seasonal Hanging Baskets
Began with
68 in 2008

14. Over 8,300 downtown residents
Projected: 10,254 by the end of 2016

15. Low vacancy,
High demand
Re-sale units on the market:
all-time low 1-month supply
97% occupancy

16. Market Study: Can Absorb 3,500
New Residential Units by 2017
• 863 CBID
units under
construction
• 350 CBID
units planned
Greater downtown:
• 1,993 units under
construction
• 3,232 units planned

17. 55,000+ downtown employees
Downtown Employee Appreciation Week

18. Downtown office inventory
Class A vacancy
(4.9%)

19. Additional
Class A Inventory
image courtesy GS&P
image courtesy Tennessean
Bridgestone Americas
2017
100% Leased
100% leased

20. Photo: C.B. Ragland/Hines
• C.B. Ragland Co.
and Hines
• GS&P is an
anchor tenant
• Opening 2017
Another new SoBro office tower

21. Retail, high-end apartments, entertainment, convention and office space
Fifth + Broadway
Spectrum | Emery and OliverMcMillan mixed-use development

22. In 2012, downtown had
3,290 hotel rooms
Now there are
4,685 rooms

23. More hotels
Under construction (904 rooms):
• Westin
• Tribute Portfolio by Starwood
• Thompson
Planned (2,425 rooms):
• Printers Alley Hotel
• JW Marriott
• 21c Museum Hotel
• plus more!

24. Downtown development tour
Take a tour of past, current, and future downtown developments!
www.nashvilledowntown.com/invest/development-tour

25. New Downtown Retail
YTD 44 downtown retail
openings or
announcements

27. Downtown dining
216 dining options … several garner national attention

28. Downtown amenities
22 coffee shops
11 bakeries
14 massage/chiropractic
12 barbers, salons, nails
9 fitness/dance studios
6 ice cream shops
4 post offices
3 florists
4 dentists
2 urban grocery stores
1 urgent care center

29. Broadway Nights

30. Live on the Green

31. CMA Music Festival

32. Two new venues:
First Tennessee Park and Riverfront Park

33. 900 – 1,110 live music and events
per month!

34. Social Media
• Twitter followers: 91,732
• Facebook likes: 47,774
• Instagram followers: 5,932
• Downtown Details subscribers: 17,864
• Website pageviews, Oct 2015: 155,704

35. Follow Us!
/DowntownNashville
@DwtwnNashville
@downtown_nashville

36. Nissan Stadium park and ride
option for employees
Free weekday parking;
$30 for monthly
shuttle passes
5 daily routes
>1,600 monthly
passes

37. 31
stations
272 bikes
All-time busiest months:
April, May, June, July and August 2015

38. Easy Checkout…
Easy Ride!

39. More than $4 billion in public-private investments in
downtown Nashville since 2000.
—$3 billion more planned—
©Warne Riker

40. Downtown as economic engine
Downtown accounts for 0.5% of the land area in Davidson County. Downtown
generates 5.4% of all property taxes
©Warne Riker
and 18.7% of all retail taxes in
Davidson County.

41. To make downtown Nashville the compelling
urban center in the Southeast in which to
LIVE, WORK, PLAY and INVEST
©Warne Riker

42. Nashville District Management
Corporation
Annual CBID Property Owner Meeting
November 12, 2015
2016 Board Officers
Election of 4 Board Members,
2016-2018 Terms

43. 2016 Board Officers
Hugh Queener
Chairman
John Gupton
Vice Chairman
Mauro Mastrapasqua
Secretary-Treasurer

44. Board Candidates
2016-2018
Hugh Queener
Pinnacle Financial Partners
Zach Liff
DZL Management
Elizabeth Mayhall
Regions Bank
Brian Reames
Highwood Properties