Nashville Downtown Partnership Annual Meeting & Awards Luncheon Presentation

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2014 Nashville Downtown Partnership Annual Meeting & Awards Luncheon Presentation

Transcript of Nashville Downtown Partnership Annual Meeting & Awards Luncheon Presentation

To make downtown Nashville the compelling

urban center in the Southeast in which to

LIVE, WORK, PLAY and INVEST

©Warne Riker

#theNDPmeeting

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

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Low Vacancy + High Demand

Re-sale units on

market: less than

2-month supply

98% rental

occupancy

rates since 2012

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Market Study: Can Absorb 3,500 New Residential Units by 2017

935 rental units under construction

1,347 rental units planned

+ Twelve Twelve — 286 new condos, 100+ already sold

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Twelve Twelve: 1st New Condo Tower Since 2009

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Major Employers Downtown:Relocations and Expansions

UBS Nashville Business Solutions Center

1,200 employees downtown by end of 2015

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55,000 Downtown Employees:Up 23.4% since 2004

Downtown Employee Appreciation WeekDowntown Employee Appreciation Week

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Additional Class A Inventory

Gulch Crossing

Opening in 2015

1201 Demonbreun

Opening in 2016#theNDPmeeting

LP Field Park and Ride Option

for Employees

Free weekday parking;

$30 for monthly

shuttle passes

4 daily routes

>1,600 monthly passes

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Cleaning Stats, Jan-Aug 2014

Power washed 1,896 alleys and 1,028 block facesRemoved 88,361 pounds of trash and 10,298 SF of graffiti

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Hospitality Ambassadors

YTD 3,184 Segway

miles around

downtown

YTD 9,850 directional

printouts and 1,095

discount coupons

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650 Seasonal Hanging Baskets

Began with

68 in 2008

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25 stations

225 bikes

Jan–Aug 2014

20,856 casual users

342 annual

members

37,787 checkouts

119,862 miles ridden

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Easy Checkout, Easy Ride

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New Downtown Retail

YTD 38 Downtown Retail

Openings or

Announcements

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207 Downtown Dining Options

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Downtown Amenities

19 coffee shops

11 massage therapy

10 barbers, salons, nails

9 fitness/dance studios

8 bakeries

4 ice cream shops

4 post offices

3 florists

2 urban grocery stores

1 urgent care center

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45% Increase in Downtown

Hotel Rooms Since 2012

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Major Hotel Renovations

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Broadway Nights

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Live on the Green

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800 to 900 live music and events per month!

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CMA Music Festival

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Downtown As Economic Engine

©Warne Riker

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Net Tax Revenue

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Retail Taxes

“Periodically, a city has to have enough confidence in

itself to invest in itself. We have that confidence.”

—Mayor Karl Dean

©Warne Riker

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West Riverfront Park

First Tennessee Park

Opening April 2015

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Parallon & Sarah Cannon

Headquarters

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Capitol View

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2014 Board of Directors

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2014 Lead Sponsors

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2014 Lead Sponsors

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2014 Associate Sponsors

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2014 Associate Sponsors

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2014 Associate Sponsors

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2014 Associate Sponsors

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2014 Associate Sponsors

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2014 Associate Sponsors

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2014 Associate Sponsors

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2014 Associate Sponsors

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2014 In-Kind Sponsor

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