Falcon Invoice Discounting unlock your cash flow potential
2012 CBID Annual Meeting Presentation
1.
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 PRIORITY FOR CBID BUDGET
• Public Space Management
– Clean Team
– Safety Team/Hospitality Ambassadors
– ADDED July 1, 2011: OUTREACH COORDINATOR
– Landscaping and Beautification
55% of TOTAL 2010-2011 CBID BUDGET
57% of TOTAL 2011-2012 CBID BUDGET
4. PUBLIC SPACE MANAGEMENT
YTD in 2012 the Clean Team:
• Removed over 93,500pounds of trash and 5,680
square feet of graffiti
• Power washed 859 block faces and 1,121 alleys
6. TRACKING SYSTEM
• The Clean and Safe Teams
Use the Eponic tracking system to
record and track progress on work
orders and assignments.
• Hand-held devices provide them a
searchable database of businesses and walking
directions– as well as printouts for visitors.
8. PROGRESS ON OUTREACH
• Since July, 2011, a full-time Outreach
Coordinator with specific target group (top 50
with highest number of arrests within CBID,
in need of housing and services)
• To date, 17 clients (with a 3-year total of
2,094 arrests) have received assistance
through this outreach
9. PROGRESS ON OUTREACH
• Of these, 15 were placed in housing with
wraparound social services and 7 have
already transitioned into apartments funded
by vouchers or their own incomes
• Another 3 clients are being processed now
• Two others were reunited with their families
through the Homeward Bound program
10. HOMEWARD BOUND
• One-way transportation to families, jobs or
services for 442 individuals since June, 2008
(cost: $64,856)
• These 442 people had 3,431 arrests
downtown (estimated cost of $3.4 million)
• 74 assisted YTD 2012 ($12,477 for bus tickets)
12. Appeal of Urban Living
Urban Experience 51%
Central Location,
Convenience 44%
Nightlife 34%
Close to Work 28%
Downtown Residential Survey
July, 2012
13. Rental Demand Soars!
Highest ever rental
occupancy–98%
1,836 rental units
now; 356 under
construction and
754 more planned
14. Downtown Residential Sales
• Average of 190 sales per year
in 2009, 2010 and 2011
• 209 closings, January-
November 28, 2012
• Only 2 developer-owned
units remain on the market
and 52 re-sales
(2.5-month inventory)
15. 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.
16. Growth in Key Retail Areas
• SoBro adds two new
locally owned restaurants
Etch
• Major arts district on 5th
Avenue North – 20 galleries
17. • 2011 retail openings: 36
2012 Retail Update
• 48 new retail businesses
opened or announced
between January 1 and
November 29, 2012
• 28 food establishments
• 14 shopping options
• 6 music and nightlife
36. 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.
44. Image & Communications
Guidebooks: two editions per year,
35,000 copies each
Downtown Details: weekly e-newsletter
Mobile app for nashvilledowntown.com
Website event calendar (online submissions
available for businesses)
parkitdowntown.com
8% of TOTAL 2010-2011 CBID BUDGET
7% of TOTAL 2011-2012 CBID BUDGET
46. Thank you to outgoing Board members!
• Bert Mathews,
2012 Chairman
• John Fleming
• Richard Fletcher
• State Representative
Mary Pruitt, Ex Officio
47. Nominees for 3-Year Board Terms, 2013-2015
Zack Liff Frank Lewis Hugh Queener Brenda Sanderson
DZL Management/ First Baptist Nashville Pinnacle Financial Viridian condo;
Cummins Station Partners Broadway
48. “To make downtown Nashville the compelling urban center
in the Southeast in which to LIVE, WORK,
PLAY and INVEST.”
