City of Choice

City of Memphis

The Collective Vision

Memphis is a city of choice.

Middle income families live here, public school students have options for the future, poor families move into the economic mainstream, and talented workers are developed, attracted and retained.

City Mayor Pro Tem Myron Lowery

County Mayor A C Wharton Former County Commission Chairman Diedre Malone City Council Chairman Harold Collins

Memphis City Schools Superintendent Dr. Kriner Cash

County Commission Chairman Joyce Avery

Clean, Green,

Safe,

and Vibrant

Neighborhoods

City of Choice

Benchmark of Success

Minneapolis- - S t. Paul, MN- - W I MS A

Portland- - Vancouver, OR- - W A PMSA

S eattle- - Bellevue- - Everett, W A PMS A

S acram ento, CA PMS AS an Francisco, CA PMS A

Riverside- - S an Bernardino, CA PMS A

Las Vegas, NV- - AZ MS A

Phoenix- - Mesa, AZ MS A

Denver, CO PMS A

S alt Lake C ity- - Ogden, UT MS A

K ansas City, MO- - K S MS A

Oklahom a City, OK MS A

Dallas, TX PMS A

S an Antonio, TX MS AHouston, TX PMS A New Orleans, LA MS A

Mem phis, TN- - AR- - MS MS A

S t. Louis, MO- - I L MS A

Chicago, I L PMSA

Milwaukee- - W aukesha, W I PMS A

Grand Rapids- - Muskegon- - Holland, MI MS A

Detroit, MI PMS A

Cleveland- - Lorain- - E lyria, OH PMS A

Rochester, NY MS A

Middlesex- - S om erset- - Hunterdon, N J PMSA

Middlesex- - S omerset- - Hunterdon, N J PMSA

W ashington, DC- - MD- - VA- - W V PMS APittsburgh, PA MS A

Colum bus, OH MS A

Cincinnati, OH- - KY- - I N PMS A

Louisville, KY- - I N MS A

Lafayette, I N MS A

I ndianapolis, I N MS A

Nashville, TN MS A

Atlanta, GA MS A

Raleigh- - Durham - - Chapel H ill, NC MS A

Charlotte- - Gastonia- - Rock Hill, NC- - S C MS A

Norfolk- - Virginia Beach- - Newport News, VA- - NC MS A

J acksonville, FL MS A

Orlando, FL MS A

Tam pa- - S t. Petersburg- - Clearwater, FL MS A

W est Palm Beach- - Boca Raton, FL MS A

Miam i, FL PMS A

Rochester, NY MS A

Memphis Competitors

Current Trends

Most Economically Segregated City of The Top 50 Metro Areas

0

10

20

30

40

50 Memphis

Current Trends

Per Capita Income

0 5,000 10,000 15,000 20,000 25,000 30,000 35,000

90th

Median

Memphis

Current Trends

Memphis’ Difference: Kids

MaleFemale

Memphis, TN--AR--MS MSA

-6% -4% -2% 0% 2% 4% 6%

Under 5

5 to 9

10 to 14

15 to 19

20 to 24

25 to 29

30 to 34

35 to 39

40 to 44

45 to 49

50 to 54

55 to 59

60 to 64

65 to 69

70 to 74

75 to 79

80 to 84

85 plus

Age

Gro

up (2

000)

Source: Census Bureau data

Age Pyramid,

Colored area is Memphis; black lines mark 51 largest metros

Current Trends

Lower Percentage of College Students (18-24 year-olds

enrolled in college)

• Our public business model is broken

• Our trajectory leaves no margin for error

• 105,000 students are treated as problems rather than as a competitive advantage

• Economic development strategies are anchored in cheapness rather than quality

• Incremental progress is not enough because we never catch up

Why it Matters

Memphis Does Havean Alternative Future…

We Can Become a

City of Choice

Core Services AloneCannot Change The Game.

Only Through

Strategic InvestmentsCan We Yield

CityDividends

Talent Dividend

0% 20% 40% 60%

Washington-Arlington-Alexandria, DC-VA-MD-WV San Jose-Sunnyvale-Santa Clara, CA San Francisco-Oakland-Fremont, CA

Boston-Cambridge-Quincy, MA-NH Raleigh-Cary, NC

Austin-Round Rock, TX Minneapolis-St. Paul-Bloomington, MN-WI

Seattle-Tacoma-Bellevue, WA Denver-Aurora, CO

New York-Northern New Jersey-Long Island, NY-NJ-PA Baltimore-Towson, MD

Atlanta-Sandy Springs-Marietta, GA San Diego-Carlsbad-San Marcos, CA

Portland-Vancouver-Beaverton, OR-WA Hartford-West Hartford-East Hartford, CT

Chicago-Naperville-Joliet, IL-IN-WI Columbus, OH

Kansas City, MO-KS Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Charlotte-Gastonia-Concord, NC-SC Richmond, VA Rochester, NY

Salt Lake City, UT Sacramento-Arden-Arcade-Roseville, CA

Indianapolis-Carmel, IN Dallas-Fort Worth-Arlington, TX

Milwaukee-Waukesha-West Allis, WI Los Angeles-Long Beach-Santa Ana, CA

St. Louis, MO-IL Nashville-Davidson-Murfreesboro-Franklin, TN

Miami-Fort Lauderdale-Pompano Beach, FL Orlando-Kissimmee, FL

Providence-New Bedford-Fall River, RI-MA Houston-Sugar Land-Baytown, TX

Phoenix-Mesa-Scottsdale, AZ Pittsburgh, PA

Cincinnati-Middletown, OH-KY-IN Virginia Beach-Norfolk-Newport News, VA-NC

Detroit-Warren-Livonia, MI Buffalo-Niagara Falls, NY

Oklahoma City, OK Birmingham-Hoover, AL

Cleveland-Elyria-Mentor, OH New Orleans-Metairie-Kenner, LA

Jacksonville, FL Tampa-St. Petersburg-Clearwater, FL

San Antonio, TX Memphis, TN-MS-AR

Louisville-Jefferson County, KY-IN Las Vegas-Paradise, NV

Riverside-San Bernardino-Ontario, CA

Four Year CollegeAttainment Rate

Current Trends

Memphis Talent Dividend

If we move Memphis from 23.7% college attainment to 24.7% college attainment)…

The Memphis Talent Dividend =

$1 billion annually

Green Dividend

Current Trends

Memphis Green Dividend

If we move Memphis from 26.6 miles per day to 25.6 miles per day…

The Memphis Green Dividend =

$232 million annually

Opportunity Dividend

Current Trends

Poverty Rate

2%

4%

6%

8%

10%

12%

14%

16%

18%

20% Memphis

If we move Memphis from 17.8 % poverty rate 16.8% poverty rate…

The Memphis Opportunity Dividend =

$109 million annually

Memphis Opportunity Dividend

Total City Dividends for Memphis…$1.341 Billion Annually

City Dividends

MemphisFast Forward

ARRA StimulusOpportunities

GatesFoundation

CEOsFor

Cities

SustainableShelby

BrookingsInstitution

City of Choice Process

City of ChoiceIs a New Way of Looking at Future Decision Making To Reverse These Trends

City of Memphis /Shelby County

Business /Economic

Development

Human CapitalDevelopment /

EducationPublic Safety HousingHealthcare

InformationTechnology

GovernmentEfficiency,

Accountability,Transparency

EnergyConservation

and Green Jobs

Social Services /Special Needs

NeighborhoodRedevelopmentTransportation Infrastructure

Areas of Priority

Game Changers

City of ChoiceConcentrates on Game Changers that Can Turn Around Current Trends

City of Choice

Game Changers

• Game changers will improve Memphis’ trajectory.• Game changers:

- Build on what we are first, best, and only in – our distinctive strengths and authentic assets.

- Emphasize bold action.- Keep human capital as the over-arching issue.- Are about alignment, collaboration, and connectivity.

• Game changers are actions taken with the end in mind -- a city of choice.

Hope VI

Eliminated Public Housing and Replaced them with Neighborhoods

“Memphis is the Model City That Got it Right”Ron Sims, Undersecretary HUD

City of ChoiceAttracts New Intellectual Capital and National Experts to Help Solve Our Problems

City of ChoiceBuilds Competitive Advantage on OurAuthenticity – What’s First, Best and Only

City of Choice

First, Best, and Only

• Distinctive assets, culture, and character that are authentic to Memphis and the basis for our competitive advantage.

• Creativity: music, culture, entrepreneurship• Logistics: modern world commerce was invented here• Natural Resources: Mississippi River, connected by Wolf

River greenways to Shelby Farms/eastern Shelby County• Tourism: National Civil Rights Museum, Graceland, music

heritage sites, Beale Street• Medicine: St. Jude Children’s Research Hospital, biotech

niche, regional center for hospitals

Creativity

Beale Street

Logistics

FedEx

Tourism

Graceland

Natural Resources

Mississippi River

Medicine

Memphis BioWorks

Medicine

St. Jude

Game Changing-ProjectsAre Not Just About The Projects Themselves

They Are Also About How They Interconnect With Other Projects

Greenway & GreenlineMemphis Bio-Works

Uptown Development

St .Jude

Graceland

Beale Street Landing Fairgrounds

Shelby Farms Park

Stax AerotropolisCivil Rights Museum

Memphis Motorsports Park Playhouse on The Square

University Place

FedEx

Legends Greenway and Greenline