Nashville District Management

Corporation

Annual CBID Property Owner Meeting

November 12, 2015

ABOUT THE CBID

Area: 371 acres, 90 blocks

in downtown Nashville

Current 10-year term: January

1, 2008-

December 31, 2017

Management agreement with the

Nashville Downtown Partnership

to provide a wide range of CBID

services within these boundaries

Top CBID budget priority

• Public space management

– Clean team

– Safety team, Hospitality Ambassadors

– Outreach Coordinator

– Landscaping and beautification

55% of TOTAL 2015-2016 CBID

BUDGET

57% of TOTAL 2014-2015 CBID

BUDGET

Downtown clean teams

January-October, 2015

• Removed 88,173

pounds of trash

• Removed 4,392

square feet of graffiti

Downtown clean teams

January-October, 2015

• Power washed

508 block

faces

• Power washed

471 alleys

Downtown clean teams

7 days per week, 7 am to 3:30 pm;

Monday-Friday 3 pm to 11 pm,

two team members focus on

pressure washing and other projects

Ambassadors on Segways 7 days a week:

3,551 miles, January-October, 2015

Housing first approach is making

a real difference

‘’YES, WE ARE PAYING MORE AS TAXPAYERS TO WALK PAST THATPERSON ON THE STREET AND DO NOTHING THAN WE WOULD BE PAYING

TO JUST GIVE THEM AN APARTMENT.”

3-Year outreach progress

• Since July, 2011, a fulltime Outreach Coordinator has focused on providing housing and wraparound social services to individuals with highest number of arrests in the CBID.

• Several peer cities are duplicating this successful “housing first” model for outreach.

Outreach results

• 56 clients have received housing placements

– 17 have moved to permanent housing with outside sources of support

– 9 others are currently in transitional housing with wraparound services

– 1 is in rehab

• Based on the clients’ prior activity, 2,250 arrests have been prevented by this program

Homeward Bound

• Since June 2008, a total of 779

individuals have received one-way

transportation to families, jobs or

support services

– They accounted for 6,180 Nashville arrests

– Total program cost: $127,242

Central Precinct Crime Stats

YTD 2015 to 2011

• 15% decrease in Robbery, Assault, Burglary

• 18% decrease in Theft

• 19% decrease in Misdemeanor Citations

590 Seasonal Hanging Baskets

Began with

68 in 2008

Over 8,300 downtown residents

Projected: 10,254 by the end of 2016

Low vacancy,

High demand

Re-sale units on the market:

all-time low 1-month supply

97% occupancy

Market Study: Can Absorb 3,500

New Residential Units by 2017

• 863 CBID

units under

construction

• 350 CBID

units planned

Greater downtown:

• 1,993 units under

construction

• 3,232 units planned

55,000+ downtown employees

Downtown Employee Appreciation Week

Downtown office inventory

Class A vacancy

(4.9%)

Additional

Class A Inventory

image courtesy GS&P

image courtesy Tennessean

Bridgestone Americas

2017

100% Leased

100% leased

Photo: C.B. Ragland/Hines

• C.B. Ragland Co.

and Hines

• GS&P is an

anchor tenant

• Opening 2017

Another new SoBro office tower

Retail, high-end apartments, entertainment, convention and office space

Fifth + Broadway

Spectrum | Emery and OliverMcMillan mixed-use development

In 2012, downtown had

3,290 hotel rooms

Now there are

4,685 rooms

More hotels

Under construction (904 rooms):

• Westin

• Tribute Portfolio by Starwood

• Thompson

Planned (2,425 rooms):

• Printers Alley Hotel

• JW Marriott

• 21c Museum Hotel

• plus more!

Downtown development tourTake a tour of past, current, and future downtown developments!

www.nashvilledowntown.com/invest/development-tour

New Downtown Retail

YTD 44 downtown retail

openings or

announcements

Downtown dining216 dining options … several garner national attention

Downtown amenities

22 coffee shops

11 bakeries

14 massage/chiropractic

12 barbers, salons, nails

9 fitness/dance studios

6 ice cream shops

4 post offices

3 florists

4 dentists

2 urban grocery stores

1 urgent care center

Broadway Nights

Live on the Green

CMA Music Festival

Two new venues:

First Tennessee Park and Riverfront Park

900 – 1,110 live music and events

per month!

Social Media

• Twitter followers: 91,732

• Facebook likes: 47,774

• Instagram followers: 5,932

• Downtown Details subscribers: 17,864

• Website pageviews, Oct 2015: 155,704

Follow Us!

/DowntownNashville

@DwtwnNashville

@downtown_nashville

Nissan Stadium park and ride

option for employees

Free weekday parking;

$30 for monthly

shuttle passes

5 daily routes

>1,600 monthly

passes

31

stations

272 bikes

All-time busiest months:

April, May, June, July and August 2015

Easy Checkout…

Easy Ride!

More than $4 billion in public-private investments in

downtown Nashville since 2000.

—$3 billion more planned—

©Warne Riker

Downtown as economic engine

Downtown accounts for 0.5% of the land area in Davidson County. Downtown

generates 5.4% of all property taxes

©Warne Riker

and 18.7% of all retail taxes in

Davidson County.

To make downtown Nashville the compelling

urban center in the Southeast in which to

LIVE, WORK, PLAY and INVEST

©Warne Riker

Nashville District Management

Corporation

Annual CBID Property Owner Meeting

November 12, 2015

2016 Board Officers

Election of 4 Board Members,

2016-2018 Terms

2016 Board Officers

Hugh QueenerChairman

John GuptonVice Chairman

Mauro MastrapasquaSecretary-Treasurer

Board Candidates

2016-2018

Hugh QueenerPinnacle Financial Partners

Zach LiffDZL Management

Elizabeth MayhallRegions Bank

Brian ReamesHighwood Properties