NDP Annual Meeting Presentation 2016
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Presentation from the Nashville Downtown Partnership Annual Meeting on September 22, 2016.
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NDP Annual Meeting Presentation 2016
- 2. To make downtown Nashville the compelling urban center in the Southeast in which to LIVE, WORK, PLAY, and INVEST
- 3. Downtown boundaries Jefferson St. on the north Inside the Interstate loop
- 4. $5.4 billion in public-private investments in downtown Nashville 2000-2017 with $3.8 billion more planned
- 5. Downtown as an ECONOMIC ENGINE 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
- 6. New Class A Office Inventory 1201 Demonbreun 1100 Charlotte 100% leased image courtesy GS&P 2 0 1 6
- 7. New Class A Office Inventory image courtesy Tennessean Bridgestone Americas 100% leased 222 Second Avenue 2 0 1 7
- 8. New Class A Office Inventory LifeWay Headquarters Capitol View 100% leased Courtesy of BWSC, Tuck-Hinton 615 Third Rutledge Hill 2 0 1 7
- 10. 90% of employees say working downtown is FUN!
- 11. Spectrum | Emery and OliverMcMillan mixed-use development Fifth + Broadway
- 12. Capitol View
- 13. Hyatt Regency Nashville Announced for 10th and Broadway
- 14. Strong demand for downtown hotel rooms 4,715 today
- 15. Two more hotels opening this fall The Westin Nashville 454 rooms Thompson Hotel 224 rooms 5,393 total hotel rooms by end of 2016
- 16. 12 hotels under construction 14 hotels in active planning stage
- 17. Take a tour of past, current, and future downtown developments! www.nashvilledowntown.com/invest/development-tour Downtown development tour
- 18. Strong residential market Re-sale units: 3-month supply Rental occupancy 97%
- 19. • 2,679 residential units under construction • Additional condos coming in 2017 at City Lights and 505 Building new residential inventory
- 20. Over 10,200 downtown residents Compared to 1,960 in 2006
- 21. Top 4 Reasons to Live Downtown 53% Urban experience 48.5% Central location 28.5% Arts/cultural events 27% Close to work 2016 Residential Survey
- 23. 95,000 square feet of new rooftop retail concepts added in past 2 years Continuing trend for new venues
- 24. Downtown Dining 226 dining options 35 restaurants opened or announced this year!
- 25. New Restaurants and Retail
- 26. Downtown Amenities • 23 coffee shops • 12 barbers, hair salons, nails • 10 fitness centers, dance studios • 7 healthcare and dental facilities • 2 grocery stores
- 27. First Saturday Art Crawl 10 Years Strong Credit Pat Casey Daley
- 28. Cred Credit Cassidy Conway Credit Cassidy Conway Credit The Arts Company
- 29. First Tennessee Park and Nashville Sounds image courtesy firsttennesseepark.com
- 31. Nashville Predators at Bridgestone Arena
- 32. Two award-winning venues Ryman Auditorium and Bridgestone Arena Ryman Auditorium is Pollstar’s Theatre of the Year for 6th consecutive year For 2015, Bridgestone Arena ranked 5th in the U.S. and 12th worldwide for ticket sales
- 33. 900 – 1,110 live music and events per month! 900 to 1,100 live music and events downtown per month
- 34. Weekly newsletter, Downtown Details, reaches over 22,000 subscribers every Wednesday Highlights top weekly events, new business openings and more!
- 35. Follow Us! Twitter: 149,168 Facebook: 63,530 Instagram: 28,550 Combination of followers on all social media accounts DowntownNashville @DwntwnNashville @downtown_nashville
- 36. 628 hanging flower baskets from May to October
- 37. Jan-Aug 2016 • 78,302 pounds trash • 3,840 SF graffiti • 265 block faces, 806 alleys power washed
- 38. Cleaning 7 days a week
- 39. Safety/Hospitality Ambassadors 4,421 Segway miles YTD
- 40. Connecting to families and jobs: Homeward Bound • Connected 770 individuals with family, job or service options since June 2008 • While in Nashville, those individuals accounted for 6,118 arrests
- 41. Moving from Arrests to Apartments 56 clients with past history of 4,756 arrests received housing and services in 5-year period
- 42. Housing first is key to change • 8 clients with the highest number of past arrests are now in housing • 2,837 projected arrests prevented by the program
- 43. FREE weekday parking at Nissan Stadium Freeing up downtown parking Optional shuttle service for downtown employees
- 45. April 24, 2016 was the busiest day ever with 803 checkouts!
- 46. ©Warne Riker
Editor's Notes
- CONFIRM PROJECTED
- Here are just a few of the restaurants and retailers that have located downtown in the past year or will be opening soon. New Retailers! Trattoria Il Mulino opened in March inside the Hilton. Described as “casual chic” this Italian restaurant is a more casual version of the original Il Mulino in New York City. Southernaire market recently opened inside the Pinnacle. This is another project by Tom Morales and features gourmet meats, produce, coffee and many other “to go” items. Bajo Sexto opened last month inside the Country Music Hall of Fame. This casual Mexican restaurant is a partnership between Johnathan Waxman and local music industry veteran Ken Levitan. Bakersfield opened earlier this year inside the Encore. This Ohio-based Mexican restaurant occupies approximately 4,000 sf Biscuit Love Brunch opened at 316 11th Ave. South in the Gulch. This was a well-known Nashville food truck before this brick and mortar location was created. George Jones Museum opened last month. The museum includes a restaurant opearted by Martin’s BBQ, event space, gift shop and a 75 ft. rooftop bar overlooking the Cumberland River. Bongo Java just announced that they will be opening later this month in a new retail space attached to the Johnny Cash Museum. Last fall, the owner of the museum announced a 15,000 sf expansion after buying the building at 119 3rd Avenue South. Along with the Bongo Java announcement, the owner plans to expand the gift shop and add a café serving gourmet sandwiches, salads and soups. There is also a plan to add a third floor to the building that will be used as a special event venue. Jeni’s Ice Cream has announced that they will be opening in the Nashville Farmers’ Market in March. Coming Soon! Jeff Ruby announced last month that he will be opening a Jeff Ruby Steakhouse on the first floor of the UBS Tower at 315 Deaderick Street. The 10,000 sf restaurant plans for a winter opening. Ruby has steakhouses in Cincinnati, OH and Louisville, KY. Otaku Ramen announced that they will open in the Gulch this fall. The restaurant will open in the Icon in the former Rumour’s Wine Bar space. The restaurant is said to feature ramen dishes along with traditional Japanese items with hints of Southern influence. Potbelly Sandwich Shop plans to open its first Nashville location inside Gulch Crossing later this year. Potbelly offers toasted sandwiches, salads and milkshakes and is based in Chicago.