2009 Annual Meeting Presentation

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Transcript of 2009 Annual Meeting Presentation

NASHVILLE DOWNTOWN PARTNERSHIP NASHVILLE DOWNTOWN PARTNERSHIP

2009 Annual Meeting 2009 Annual Meeting

and Awards Luncheonand Awards LuncheonSeptember 23September 23

““To make To make

downtown downtown

Nashville the Nashville the

compelling urban compelling urban

center in the center in the

Southeast in Southeast in

which to LIVE, which to LIVE,

WORK, PLAY and WORK, PLAY and

INVEST”INVEST”

NASHVILLE DOWNTOWN NASHVILLE DOWNTOWN PARTNERSHIPPARTNERSHIP

Explosion of condo units in The Gulch– three high-rise condo developments open– almost 800 new units

Larger scale projects downtown: 3 with over 250 units,1 with more than 400 units since 2006

LIVLIVE:E:

Adapting Now and Planning for Adapting Now and Planning for ReboundRebound

LIVE IT UP! LIVE IT UP! 2009 Downtown Home Tour2009 Downtown Home Tour

HOME TOURS, 2004 - 2009

ATTENDANCE: over 6,500

ECONOMIC IMPACT: $46 million in sales, leases

1. The urban experience2. Central location and

convenience3. Being close to work

2009 TOP REASONS TO CHOOSE 2009 TOP REASONS TO CHOOSE AN URBAN LIFESTYLEAN URBAN LIFESTYLE

DOWNTOWN LOCATION IS DOWNTOWN LOCATION IS A SUSTAINABLE CHOICEA SUSTAINABLE CHOICE

Existing infrastructure, options for transportation

Easy access to highways Walkability factor (for lunch, business meetings, after hours entertainment and sports)

THE Business Center

• >7 million square feet commercial inventory

• 56% Class A

New New Inventory Inventory 2007-20092007-2009

Over 900,000 Over 900,000 square feet of square feet of

new commercial new commercial space added in space added in

downtown downtown NashvilleNashville

SunTrust Plaza, 2007

WHY WORK DOWNTOWN?“Culturally, it’s an enormous difference …

all positive. Being downtown is a kick, too. You … feel like you’re really in a city.”

- Luke LewisChairman, Universal Music Group

The Pinnacle at The Pinnacle at Symphony Symphony

PlacePlace

Adds 520,000 SF of Adds 520,000 SF of world class world class commercial spacecommercial space

Bass, Berry & Bass, Berry & Sims, PLC (late Sims, PLC (late 2009) and Pinnacle 2009) and Pinnacle Financial Partners Financial Partners (early 2010) as key (early 2010) as key tenantstenants

Car Share Program

2nd Quarter 2010

• Positive environmental impact, with each shared car replacing 15 privately owned vehicles

• Cost-effective option for businesses and residents downtown

Banner Year for Downtown Retail

• Over 30 new retail stores opened or announced January-August 2009

Over 50% of new retailers in 2009 are food establishments

Downtown AmenitiesDowntown Amenities

1 urban grocery 2 florists 4 dentists 5 bakeries 9 fitness centers 12 barbers, hair

salons, nails 13 banks 16 coffee shops

LP Field Park and Ride Initiative

• Over 900 monthly riders on two routes

• Free parking, $25 monthly shuttle passes means at least $1,000 in annual savings

PARK IT! Express ShuttlesPARK IT! Express Shuttles• Cost-effective option for prospective downtown tenants

• Solutions for employees and patrons when parking demand and supply shift

• Potential for evening and weekend event-driven parking with shuttle options

www.parkitdowntown.com

DOWNTOWN DOWNTOWN IS IN IS IN

FULL BLOOMFULL BLOOM

From 64 hanging baskets in 2008 to

OVER 300 in 2009!

Maximizing the Visual ImpactMaximizing the Visual Impact

2010 focus on small pockets of green space (e.g., boulevard medians) for appropriate landscaping

• 12 floral towers on key downtown plazas

• 2009 pilot program by local flower growers at Holtkamp Greenhouses

Major Major Civic Civic Vista Vista

Gets A Gets A New New LookLook

DEADERICK DEADERICK STREETSTREET

New Palette for

Activating the Street

(e.g, Retail Kiosks)

Public-private investments downtown since 2000 >$3 billion

The Hermitage The Hermitage Hotel 100Hotel 100thth Anniversary Anniversary

YearYear

Urban Core Urban Core DistrictDistrict January- January-

July 2009July 2009

•Removed 122,000 pounds of trash

• Removed over 6,000 square feet of graffiti

• Power washed 573 block faces, 573 alleys

On the MoveOn the Move

•Monitoring streets, sidewalks, Metro parking garages and LP Field park and ride lots

• Total patrol miles (Segways, bikes) January - July 2009: 1,938 miles

Clean and Clean and SafeSafe

Total area serviced

(downtown CBID and GBID) has increased by 44% since

2007

2009 CMA Music Festival

New Music City ZoneNew Music City ZoneCMA Music Festival 2009CMA Music Festival 2009

2009 LiveOnTheGreen2009 LiveOnTheGreen

First Saturday Art CrawlFirst Saturday Art Crawl

5 Museums

17 Art Galleries

Schermerhorn Symphony Center

Ryman Auditorium

Sommet Center

LP Field

Tennessee Performing Arts Center

Nashville Children’s Theatre

Frist Center for the Visual Arts

Country Music Hall of Fame and Museum

Arts & Arts & EntertainmentEntertainment

Enjoy the Concert!Enjoy the Concert!

2009 Lead Sponsors2009 Lead Sponsors

2009 Associate Sponsors2009 Associate Sponsors

2009 Associate Sponsors2009 Associate Sponsors

2009 Associate Sponsors2009 Associate Sponsors

2009 Associate Sponsors2009 Associate Sponsors

In-Kind Sponsor