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LIVE DowntownIn 2012, 6,056 people do!
Rental Demand Soars!
Highest ever rental occupancy–98%
1,534 rental units now; 658 under construction and 754 more planned
Rolling Mill Hill
Rental Options
Downtown Residential Sales• Average of 190 sales per year in 2009, 2010 and 2011• 172 closings, January- September 15, 2012• As of September 15, only two developer-owned units remain on the market and 53 re-sales
Appeal of Urban Living
Urban Experience 51%Central Location, Convenience 44%
Nightlife 34%
Close to Work 28%
Downtown Residential SurveyJuly, 2012
The Gulch-879 residential units;296 more under construction
Living Downtown and Loving It!
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.
Growth in Key Retail Areas• The Gulch: 22,000 SF new retail has opened YTD
• SoBro adds two new locally owned restaurants
• Major arts district on 5th Avenue North – 20 galleries
Etch
• 2011 retail openings: 36
• 33 new retail businesses opened or announced between January 1 and September 15, 2012
• 16 food establishments• 12 shopping options• 5 music and nightlife
BAR LOUIENew Retail in The Gulch
Bar LouieKing BabyLucchese
79 Downtown Nightlife Venues
New Retail 2012
• Savannah’s Candy Kitchen of Nashville
• Modern Trousseau
• Goorin Bros. Hats
Downtown Amenities14 coffee shops14 barbers, hair salons, nails9 massage therapy9 fitness centers/dance studios7 bakeries
5 ice cream/yogurt shops4 post offices3 florists2 urban grocery stores1 urgent care center
182 Downtown Dining Options
Shop, Dine and Play at Nashville Farmers’ Market
7.5 million square feet commercial office inventory downtown
Dynamic downtown presence since 2009; continuing to add hundreds of jobs
In 2012, Asurion brings 500+ new downtown jobs to SoBro’s Gold LEED certified Ragland Building
333 Commerce: New Long-term Tenant Leases
h3gm at 333 Commerce
Creative Artists Agency Moves Downtown
Historic Trolley Barns at Rolling Mill HillNew Work Spaces for Nonprofits, Entrepreneurs
Downtown Employee Appreciation Week
90% of employees say working downtown is FUN! Celebrate again with us October 1-5!
Downtown has a“walker’s paradise” rating onwalkscore.com
10 Years LP Field
Park and Ride Option forEmployees
• 14,700 monthly shuttle passes ($25 each) were sold in 2011• Over 1,200 monthly riders on 3 downtown routes
Best Ever Event Parking (BEEP)• Free parking at LP Field Lot R for Bridgestone Arena events, optional $3 per person round trip shuttle service• Over 255 events since March 15, 2010, with free parking for 37,000 vehicles• 66% of the passengers choose the shuttle option• New BEEP route beginning September, 2012, for Nashville Symphony patrons
Getting Around with Bike Share, Car Share and Free Downtown Circulator, MTA’s Music City Circuit
Downtown Clean TeamJanuary-August, 2012
• Removed over 60,000 pounds of trash and 4,791 square feet of graffiti• Power washed 560 block faces and 827 alleys
2,300 mileslogged on
SegwaysJanuary-
August
Hospitality Ambassadors offer visitors guidebooks, maps and printouts of directions, maps, coupons.
In 2012, 447 Hanging Flower Baskets on Eight Downtown Streets
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.
Ryman Auditorium
Pollstar Theatre of the Year for both
2012 and 2011
Makeover of Historic Ryman Alley
Completed in April, 2012
Named one of the Top 100 Hotels in the World and 4th Best Large City Hotel by Travel + Leisure
Live on the Green at Public Square Park
Free Weekly Concerts on Six Thursdays Each Fall
Over 1,000 People At Each First Saturday Art Crawl
Cumberland Park
INVEST
2012 Board of Directors
“To make downtown Nashville the compelling urban center in the Southeast in which to LIVE, WORK,
PLAY and INVEST.”
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