2012 Annual Meeting & Awards Luncheon Presentation
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Transcript of 2012 Annual Meeting & Awards Luncheon Presentation
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LIVE DowntownIn 2012, 6,056 people do!
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Rental Demand Soars!
Highest ever rental occupancy–98%
1,534 rental units now; 658 under construction and 754 more planned
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Rolling Mill Hill
Rental Options
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Downtown Residential Sales• Average of 190 sales per year in 2009, 2010 and 2011• 172 closings, January- September 15, 2012• As of September 15, only two developer-owned units remain on the market and 53 re-sales
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Appeal of Urban Living
Urban Experience 51%Central Location, Convenience 44%
Nightlife 34%
Close to Work 28%
Downtown Residential SurveyJuly, 2012
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The Gulch-879 residential units;296 more under construction
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Living Downtown and Loving It!
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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.
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Growth in Key Retail Areas• The Gulch: 22,000 SF new retail has opened YTD
• SoBro adds two new locally owned restaurants
• Major arts district on 5th Avenue North – 20 galleries
Etch
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• 2011 retail openings: 36
• 33 new retail businesses opened or announced between January 1 and September 15, 2012
• 16 food establishments• 12 shopping options• 5 music and nightlife
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BAR LOUIENew Retail in The Gulch
Bar LouieKing BabyLucchese
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79 Downtown Nightlife Venues
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New Retail 2012
• Savannah’s Candy Kitchen of Nashville
• Modern Trousseau
• Goorin Bros. Hats
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Downtown Amenities14 coffee shops14 barbers, hair salons, nails9 massage therapy9 fitness centers/dance studios7 bakeries
5 ice cream/yogurt shops4 post offices3 florists2 urban grocery stores1 urgent care center
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182 Downtown Dining Options
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Shop, Dine and Play at Nashville Farmers’ Market
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7.5 million square feet commercial office inventory downtown
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Dynamic downtown presence since 2009; continuing to add hundreds of jobs
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In 2012, Asurion brings 500+ new downtown jobs to SoBro’s Gold LEED certified Ragland Building
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333 Commerce: New Long-term Tenant Leases
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h3gm at 333 Commerce
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Creative Artists Agency Moves Downtown
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Historic Trolley Barns at Rolling Mill HillNew Work Spaces for Nonprofits, Entrepreneurs
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Downtown Employee Appreciation Week
90% of employees say working downtown is FUN! Celebrate again with us October 1-5!
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Downtown has a“walker’s paradise” rating onwalkscore.com
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10 Years LP Field
Park and Ride Option forEmployees
• 14,700 monthly shuttle passes ($25 each) were sold in 2011• Over 1,200 monthly riders on 3 downtown routes
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Best Ever Event Parking (BEEP)• Free parking at LP Field Lot R for Bridgestone Arena events, optional $3 per person round trip shuttle service• Over 255 events since March 15, 2010, with free parking for 37,000 vehicles• 66% of the passengers choose the shuttle option• New BEEP route beginning September, 2012, for Nashville Symphony patrons
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Getting Around with Bike Share, Car Share and Free Downtown Circulator, MTA’s Music City Circuit
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Downtown Clean TeamJanuary-August, 2012
• Removed over 60,000 pounds of trash and 4,791 square feet of graffiti• Power washed 560 block faces and 827 alleys
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2,300 mileslogged on
SegwaysJanuary-
August
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Hospitality Ambassadors offer visitors guidebooks, maps and printouts of directions, maps, coupons.
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In 2012, 447 Hanging Flower Baskets on Eight Downtown Streets
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Bridgestone Arena: 2nd consecutive year in Pollstar’s Top 10 for U.S. Concert Attendance
Since 2010, Bridgestone Arena hosted 15 of the 25 highest grossing North American tours.
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Ryman Auditorium
Pollstar Theatre of the Year for both
2012 and 2011
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Makeover of Historic Ryman Alley
Completed in April, 2012
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Named one of the Top 100 Hotels in the World and 4th Best Large City Hotel by Travel + Leisure
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Live on the Green at Public Square Park
Free Weekly Concerts on Six Thursdays Each Fall
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Over 1,000 People At Each First Saturday Art Crawl
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Cumberland Park
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INVEST
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2012 Board of Directors
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“To make downtown Nashville the compelling urban center in the Southeast in which to LIVE, WORK,
PLAY and INVEST.”
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LEAD SPONSOR
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LEAD SPONSOR
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LEAD SPONSOR
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ASSOCIATE SPONSORS
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ASSOCIATE SPONSORS
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ASSOCIATE SPONSORS
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ASSOCIATE SPONSORS
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ASSOCIATE SPONSORS
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IN-KIND SPONSOR