Nashville Downtown Partnership's annual CBID property owner meeting. This is the 2014 presentation.

1. Nashville District Management Corporation
Annual CBID Property Owner Meeting
November 12, 2014

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

3. 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

4. Top CBID Budget Priority
• Public Space Management
– Clean Team
– Safety Team, Hospitality Ambassadors
– Outreach Coordinator
– Landscaping and Beautification
57% of TOTAL 2013-2014 CBID BUDGET
57% of TOTAL 2014-2015 CBID BUDGET

5. Downtown Clean Teams
January-October, 2014
• Removed 91,360
pounds of trash
• Removed 10,798
square feet of graffiti

6. Downtown Clean Teams
January-October, 2014
• Power washed
1,078 block faces
• Power washed
1,946 alleys

7. Downtown Clean Teams
7 days a week, 7 am to 3:30 pm PLUS
4 evenings per week (4 pm to 11 pm),
two team members focus on
pressure washing alleys

8. Hospitality Ambassadors
YTD 10,425 directional printouts and
3,254 discount coupons

9. Hospitality Ambassadors
3,254 miles logged on Segways
January–October, 2014

10. “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.”

11. 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.

12. Outreach Results
• 38 clients have received housing placements
– 17 have moved to permanent housing with
outside sources of support
– 7 others are currently in transitional housing
with wraparound services
– 1 is in rehab
• Based on the clients’ prior activity, 1,565
arrests have been avoided by this program

13. Homeward Bound
• Since June, 2008, a total of 677 individuals
have received one-way transportation to
families, jobs or support services
– They accounted for 5,535 Nashville arrests
– Total program cost: $107,935
• January-October 2014: 95 individuals have
received Homeward Bound assistance

14. 650 Seasonal Hanging Baskets
Began with
68 in 2008

15. 7,300 Downtown Residents Now;
12,000 by 2017

16. Low Vacancy + High Demand
Re-sale units on
market: less than
2-month supply
98% rental
occupancy
rates since 2012

17. Market Study: Can Absorb 3,500
New Residential Units by 2017
346 CBID
rental units
under
construction
600 CBID
rental units
planned
Greater
Downtown
1,180 rental
units under
construction
2,001 rental
units planned

18. 55,000 Downtown Employees:
Up 23% since 2004
Downtown Employee Appreciation Week
Downtown Employee Appreciation Week

20. Major Employers Downtown:
Relocations and Expansions
UBS Nashville Business Solutions Center
1,200 employees downtown by end of 2015

21. Bridgestone Americas U.S. Headquarters
Is Coming Downtown!
• Developer Highwoods Properties
• $232.6 million 30-story office tower
• >1,700 local and relocated
employees, 607 new jobs
• Groundbreaking in 2015,
move-in by 3rd quarter 2017

22. EmerylSpectrum & OliverMcMillan
Joint Venture:$400 Million Project
Retail, high-end apartments, entertainment, convention and office space

23. LP Field Park and Ride Option
for Employees
Free weekday parking;
$30 for monthly
shuttle passes
4 daily routes
>1,600 monthly passes

24. 25 stations
225 bikes
Jan–Oct 2014
25,839 casual users
374 annual members
48,714 checkouts
213,309 miles ridden

25. Easy Checkout…
Easy Ride!

26. New Downtown Retail
YTD 47 Downtown Retail
Openings or
Announcements

28. 208 Downtown Dining Options

29. Downtown Amenities
19 coffee shops
12 bakeries
11 massage/chiropractic
10 barbers, salons, nails
10 fitness/dance studios
4 ice cream shops
4 post offices
3 florists
3 dentists
2 urban grocery stores
1 urgent care center

30. 45% Increase in Downtown
Hotel Rooms Since 2012

31. Major Hotel Renovations

32. Downtown Hotel Development
2012:
3,090
2013:
4,145
2014:
4,486
34% 45%
149% increase
If all planned hotels are built,
there will be 7,690 rooms!

33. Turnberry Associates: $350 Million
Mixed-use Development Planned
35-story JW Marriott Hotel and office highrise in SoBro

34. Downtown As Economic Engine
©Warne Riker

36. Broadway Nights

37. Live on the Green

38. 800 to 900 live music and events per month!

39. CMA Music Festival

40. West Riverfront Park

41. First Tennessee Park
Opening April 2015

42. “Periodically, a city has to have enough confidence in
itself to invest in itself. We have that confidence.”
—Mayor Karl Dean
©Warne Riker

43. Follow Us!
/DowntownNashville
@DwtwnNashville
@downtown_nashville

44. 2015 Board Officers
Brenda Sanderson
Chairman
Hugh Queener
Vice Chairman
Frank Lewis
Secretary-Treasurer

45. Board Candidates
2015-2017
John Fleming
Renaissance Nashville Hotel John Gupton
Baker Donelson
Mauro Mastrapasqua
Mastrapasqua Asset
Management
Greg Sligh
The Hermitage Hotel