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To make downtown Nashville the compelling urban center
in the Southeast in which to
LIVE, WORK, PLAY and INVEST
©Warne Riker
Downtown boundaries
Jefferson St. on the north
Inside the
Interstate loop
More than $4 billion in public-private investments in
downtown Nashville since 2000.
—$3 billion more planned—
©Warne Riker
Two business improvement districts
generate almost $2 million:
– Central Business Improvement District
– Gulch Business Improvement District
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.
Downtown office inventory
1201 Demonbreun
Gulch Crossing
Additional
Class A
Inventory
image courtesy 1201demonbreun.com
(coming 2016)
(now open)
70% leased 50% leased
Additional
Class A Inventory
image courtesy GS&P
image courtesy Tennessean
Capitol View
(2016)
Bridgestone
Americas
(2017)
100% leased
100% leased
• LifeWay moving from current
campus to new SoBro office
tower
• Current campus under
contract to mixed-use
investors/developer
Photo: C.B. Ragland/Hines
• C.B. Ragland Co.
and Hines
• GS&P is an
anchor tenant
• Opening 2017
Another new SoBro office tower
55,000+ downtown employees
Convention center redevelopment
Spectrum | Emery and OliverMcMillan mixed-use development
In 2012, downtown had
3,290 hotel rooms
Now there are
4,685 rooms
More hotels
Under construction (904 rooms):
• Westin
• Tribute Portfolio by Starwood
• Thompson
Planned (2,287 rooms):
• Printers Alley Hotel
• JW Marriott
• 21c Museum Hotel
• plus more!
Saturday, July 25:
Hampton Inn $379
Holiday Inn Express $499
Saturday, July 25:
Waldorf Astoria $339
Westin Times Square $305
Nashville New York City
Hotel Rates Skyrocketing
Prices on a summer Saturday night in Nashville vs. New York City:
Downtown development tour
Take a tour of past, current, and future downtown developments!
www.nashvilledowntown.com/invest/development-tour
Low vacancy,
High demand
Re-sale units on the market:
all-time low 1.2-month supply
97% occupancy
Over 8,300 downtown residents
Projected: 10,254 by the end of 2016
Downtown
retail
strategy
Implementing merchandising mix plan
along active streets
Over 114 downtown shopping options
(compared to 36 in 2003)
Downtown dining
212 dining options … several garner national attention
Two new venues:
First Tennessee Park and Riverfront Park
image courtesy firsttennesseepark.com
Two award-winning venues:
Ryman Auditorium and Bridgestone Arena
Ryman Auditorium is #1 Theatre of
the Year for 5th consecutive year.
Mid 2015, Bridgestone Area
ranked 2nd in the U.S. and 8th
worldwide for ticket sales.
Nissan Stadium
New naming rights for Nissan Stadium
900 – 1,110 live music and events
per month!
Cleaning 7 days a week
Ambassadors on Segways 7 days a week
Connecting to families and jobs:
Homeward Bound
• Connected 770 individuals with family,
job or service options since June 2008
• While in Nashville, those individuals
accounted for 6,118 arrests
Housing First
Housing first for
chronic consumers
• Since July 2011, housed over 55 clients
with combined history of 4,307 arrests
during the previous 3 years
• Over 26,000 days of housing have
been provided, and a projected 2,096
arrests have been prevented
Park-and-ride shuttles for employees
Taking the weekday stress off
downtown parking inventory
BEEP: Best Ever Event Parking
Free parking for Bridgestone Arena events
FREE parking at Nissan Stadium
New LED lights on Korean War Veterans Memorial Bridge
590 hanging flower baskets from May to October
31 stations
272 bikes
All-time busiest months:
April, May, June, July and August 2015
“Periodically, a city has to have enough confidence in
itself to invest in itself. We have that confidence.”
—Mayor Karl Dean
©Warne Riker
2015 LEAD Sponsors
2015 LEAD Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 ASSOCIATE Sponsors
2015 IN-KIND Sponsor

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Nashville Downtown Partnership Annual Meeting Presentation

Editor's Notes

  1. CONFIRM PROJECTED
  2. Ask re: routes???