2015 CBID Annual Meeting
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Transcript of 2015 CBID Annual Meeting
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
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
Downtown clean teams
January-October, 2015
• Removed 88,173
pounds of trash
• Removed 4,392
square feet of graffiti
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
Housing first approach is making
a real difference
‘’YES, WE ARE PAYING MORE AS TAXPAYERS TO WALK PAST THATPERSON ON THE STREET AND DO NOTHING THAN WE WOULD BE PAYING
TO JUST GIVE THEM AN APARTMENT.”
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.
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
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
Central Precinct Crime Stats
YTD 2015 to 2011
• 15% decrease in Robbery, Assault, Burglary
• 18% decrease in Theft
• 19% decrease in Misdemeanor Citations
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
Additional
Class A Inventory
image courtesy GS&P
image courtesy Tennessean
Bridgestone Americas
2017
100% Leased
100% leased
Photo: C.B. Ragland/Hines
• C.B. Ragland Co.
and Hines
• GS&P is an
anchor tenant
• Opening 2017
Another new SoBro office tower
Retail, high-end apartments, entertainment, convention and office space
Fifth + Broadway
Spectrum | Emery and OliverMcMillan mixed-use development
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!
Downtown development tourTake a tour of past, current, and future downtown developments!
www.nashvilledowntown.com/invest/development-tour
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
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
Nissan Stadium park and ride
option for employees
Free weekday parking;
$30 for monthly
shuttle passes
5 daily routes
>1,600 monthly
passes
More than $4 billion in public-private investments in
downtown Nashville since 2000.
—$3 billion more planned—
©Warne Riker
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.
To make downtown Nashville the compelling
urban center in the Southeast in which to
LIVE, WORK, PLAY and INVEST
©Warne Riker
Nashville District Management
Corporation
Annual CBID Property Owner Meeting
November 12, 2015
2016 Board Officers
Election of 4 Board Members,
2016-2018 Terms
2016 Board Officers
Hugh QueenerChairman
John GuptonVice Chairman
Mauro MastrapasquaSecretary-Treasurer