1. Nashville District Management Corporation
Annual CBID Property Owner Meeting
November 12, 2013

2. ABOUT THE CBID
CBID Area: 371 acres, 90 blocks in
downtown Nashville
Current 10-year term: January 1,
2008 – December 31, 2017
Management agreement with
Nashville Downtown Partnership to
provide wide range of CBID services

3. Top CBID Budget Priority
• Public Space Management
–
–
–
–
Clean Team
Safety Team/Hospitality Ambassadors
Outreach Coordinator
Landscaping and Beautification
57% of TOTAL 2011-2012 CBID BUDGET
58% of TOTAL 2012-2013 CBID BUDGET

4. Downtown Clean Team
January- October, 2013
• Removed 85,365 pounds of trash and 12,976
square feet of graffiti
• Power washed 835 block faces and 1,072 alleys

5. Increase in Graffiti
BEFORE
AFTER
125% increase in graffiti since 2012. Quick response by
the cleaning team helps prevent recurrences.

6. Hospitality Ambassadors
offer visitors guidebooks,
maps, printouts of directions
and coupons.
YTD over 10,000 printouts
and over 2,700 coupons

7. 2,513 miles
logged on Segways
Jan- Oct, 2013

8. In 2013, 541 hanging
flower baskets on
downtown streets

9. 2-Year Progress on Outreach
• Since July, 2011, a fulltime Outreach
Coordinator has focused on providing
housing and wraparound social services to
individuals with the highest number of
arrests in the CBID
• To date, 24 clients (with 2,632 arrests over
the past 3 years) have received housing
through this outreach initiative

10. Outreach Results
• 24 clients have received housing assistance
– 10 have transitioned to permanent housing
– 8 are currently in temporary housing
– 1 transitioned to Rehab
– 5 returned to the street
• Over 900 arrests (based on past history)
have been prevented in the group housed

11. Homeward Bound
• One-way transportation to families, jobs or
support services for 571 individuals since
June, 2008 (cost $88,420)
• These individuals accounted for 4,831
Nashville arrests
• January-October, 2013: 115 individuals have
received Homeward Bound assistance

12. LIVE Downtown
In 2013, 7,286 people do!

13. Downtown
Residential Sales
Jan- June 2013 130 closings
Jan- June 2012 123 closings
Jan- June 2011 99 closings
Availability Downtown
No developer-owned units-only 74 re-sales available
(3+-month supply)
HIGH-RISE SALES PRICES UP
28% FROM 2010

14. Rental Demand
Soars!
Highest ever rental
occupancy–98% in
2012 and 2013
2,250 rental units
now; 475 under
construction and
1,124 planned

15. Downtown
Market Analysis
Can absorb another
3,500 residential units by
2017
Today: 4,554 units
+ 475 under construction
+ 1,124 planned

16. LIVE IT UP! 2013 Tour
Since 2004, over
11,000 people have
come to the April
downtown home tours;
total economic impact
over $50 million in
sales and leases

17. Retail Growth in
2013
• YTD 54 new retail businesses
have opened or announced
• 32 food establishments
• 21 shopping options
• 1 music and nightlife
•2012 retail openings: 52

18. New Retail 2013
Bettie Page Clothing
Johnny Cash Museum

19. 195 Downtown
Dining Options

20. Downtown Amenities
18 coffee shops
12 massage therapy
11 barbers, hair salons, nails
9 fitness centers/dance studios
9 bakeries
5 ice cream/yogurt shops
4 post offices
3 florists
2 urban grocery stores
1 urgent care center

21. 7.5 million square feet commercial
office inventory downtown

22. Mid-year 2013
Class A office vacancy:
7.7%
Recent studies
indicate downtown
could absorb another
500,000 SF of office
space over the
next 5 years

23. 50,335 Downtown
Employees and Growing!
Asurion:
500 jobs came
downtown in late
2012
UBS Tower
in 2014
1,000+ new jobs
ServiceSource:
tied for
9th largest
downtown
employer
in 2012
Sony/ATV Music Publishing moving downtown with 200 new jobs!

24. Strong
Investor
Interest and
Building Sales
Record $153 million sale to
Highwood Properties
$103 million sale to
Alliance Partners HSP LLC

25. Historic Trolley Barns at Rolling Mill Hill
Work Spaces for Nonprofits, Entrepreneurs

26. Downtown
Employee
Appreciation
Week
91% of employees
say working
downtown
is FUN!

28. Image & Communications
nashvilledowntown.com
NEW responsive website fits
screen of device being used
STRONG SOCIAL MEDIA PRESENCE
Over 31,000 friends on Facebook
Outpacing downtown groups in peer cities,
top local print and radio media outlets
Over 31,000 followers on multiple Twitter accounts

29. LP Field Park and
Ride Option for
Employees
2010-2012:
average of 14,221 monthly
riders on 3 routes
Free weekday parking; $25
for monthly shuttle passes

30. 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 375 events since 2010,
free parking for almost
47,000 vehicles
• 60% of the passengers
choose the shuttle option

31. Bike Share,
Car Share and
Free Circulator,
MTA’s Music City
Circuit

32. 195 Nashville B-cycles
at 21 kiosks within
3 miles of downtown
As of November 3,
23,038 memberships
(21,942 daily)

33. January-October, 2013
44,800 trips or bike checkouts
7,421,560 calories burned
176,262 pounds carbon offset

34. Photo : The Funky Umbrella

35. Record daily attendance of over 80,000!
CMA Festival in June, 2013

36. Bridgestone Arena
5th in Pollstar’s Top 10 for
U.S. Concert Attendance
March, 2013– 329,002 guests—
2nd busiest month in arena’s history
Hosting 2014 NCAA
Women’s Final Four
Hosting 9 SEC men’s and
3 women’s tournaments
from 2015 to 2026

39. Platinum LEED Status for Bridge Building
1st in Tennessee
4th greenest building worldwide

40. INVEST
Spotlight
on
SoBro

42. Hotel Developments
• Omni Nashville Hotel opened
9/30/13 with 800 rooms and
suites, >80,000 SF meeting and
event space
• Hyatt Place Downtown Nashville
opening 11/12/13 with 255
rooms, 3,400 SF meeting and
event space
• Under construction in CBID: Hilton
Garden Inn (215 rooms)
• Metro incentives committed for a Hyatt
Regency and a Marriott

43. Proposed West Bank Park at Thermal Site

44. 2013 Board of Directors

45. “To make downtown Nashville the compelling
urban center in the Southeast in which to
LIVE, WORK, PLAY and INVEST.”