2011 Annual Meeting & Awards Luncheon PowerPoint
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Transcript of 2011 Annual Meeting & Awards Luncheon PowerPoint
2011 Annual Report www.nashvilledowntown.com
LIVE
Residential Options
• Current economy favors expanding rental inventory
•Total downtown residential units: 3,836
• 2011 downtown rental occupancy:
96%
Downtown Residential Sales
• If sales continue at the present rate, the total inventory of developer-owned condos and re-sale units will be depleted by mid-2012!
• 209 in 2010, 98 in 1st two quarters, 2011
LIVE IT UP! 2011 Tour
LIVE IT UP! 2011 Tour
Since 2004, 9,000 people have come to the annual LIVE IT UP! Downtown Home Tours, with an economic impact of >$47 million in sales and leases
Appeal of Urban Living
Central Location, Convenience (52%)
Urban Experience (48%)
Nightlife (33%)
Close to work (31%)
Downtown Residential Survey
July, 2011
Urban Living
Downtown NashVitality!
HUME-FOGG ACADEMIC HIGH SCHOOL
900 STUDENTS AND FACULTY: OUR
DOWNTOWN NEIGHBORS
Celebrating 100 years in 2012
National rankings as one of America’s Best High Schools,
Top Magnet Schools andBLUE RIBBON SCHOOL!
RETAIL 2011
A total of 35 new retail businesses opened or announced between January 1 and September 1, 2011.
RETAIL 2011
Downtown Amenities16 coffee shops14 barbers, hair salons, nails9 massage therapy8 fitness centers6 ice cream/yogurt shops
6 shoe shine/repair4 post offices3 florists2 dry cleaners2 urban grocery stores
Nashville Farmers’ Market
WORK
• 7.5 million square feet of commercial office inventory in downtown
• Over 50% is Class A Space
• 900,000 square feet added since 2007
WORK
Buildings Going Green
First multi-tenant LEED Existing Building Certification in Tennessee
Gold LEED Certification
The Pinnacle at Symphony PlaceBaker Donelson Center
James O. Bass, Sr.
Practicing law since 1934
Bass, Berry & Sims PLC
GETTING AROUND
WeCar
PARK IT! Express Shuttles• May 1, 2011 marked the 9th
anniversary of the LP Field park and ride program which includes FREE weekday parking.
• With a $25 monthly shuttle pass, downtown employees can save over $1,200 per year!
• Over 1,200 monthly riders on 3 downtown shuttle routes
Best Ever Event Parking (BEEP)• Free parking at LP Field for Bridgestone Arena events, optional $3 per person round trip shuttle service• Over 150 events since March 15, 2010, with free parking for over 26,000 vehicles.• About 67% of the passengers choose the shuttle option.
Wayfinding ProgramPhase I launched in August 2011
Pedestrian map signage in 155 sites throughout Nashville
Phases II and III will include local roadway and interstate signs
CLEAN & SAFEFrom January – August, 2011, the Clean Team
• Removed over 59,000 pounds of trash and 1,584 square feet of graffiti
• Power washed 273 block faces and 696 alleys
CLEAN & SAFE
• Safety Ambassadors logged 2,459 miles on Segways from January through August, 2011
• Handheld devices help Ambassadors provide guests with directions as well as a printout
DOWTOWN IS BLOOMING!
Growing Toward the River
PLAY
First Saturday Art Crawl
Art Crawl 5th Anniversary
New Performance Platforms
Two performance platforms feature entertainers, musicians, visual artists, and beverage vendors at First Saturday Art Crawls
Employee Appreciation Events
Nashville Predators
CMA Music Festival 2011Record Attendance: 65,000 per day
Generated $30 million in direct visitor spending
World-Class VenuesRYMAN AUDITORIUM
• Theatre of the Year by Pollstar
• Venue of the Year by Academy of Country Music and International Entertainment Buyers Association
BRIDGESTONE ARENA
• Ranked #9 in U.S. concert attendance
• Over 1.4 million fans attended between July 2010-June 2011
Taste of Music City 2011
Walk 100 Miles With the Mayor
INVEST
INVEST
Music City Center$595 million investment
Opening early 2013
Board of Directors 2011
Board of Directors 2011
“To make downtown Nashville the
compelling urban center in the Southeast in
which to LIVE, WORK, PLAY, and INVEST.”
Nashville Downtown Partnership
2011 Lead Sponsor
2011 Lead Sponsor
2011 Associate Sponsors
2011 Associate Sponsors
2011 Associate Sponsors
2011 Associate Sponsors
2011 Associate Sponsors
2011 In-Kind Sponsor