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Y
O
N
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M
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F
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We gauge our success by a greater number of people living, working, and engaging in the Central Business Improvement District
and an increase in commercial property values, but our ultimate goal is to make Downtown Memphis more active, inviting, and interesting.
T
O
E
N
J
O
Y
FOR EVERY DISCOVERY
“ Downtown is the heart of our city and its success
fuels growth well beyond its borders.”
ND
DR
IV
E
INVESTMENTS BY DOWNTOWN MEMPHIS COMMISSION FY19
N.
2N
D
M
UD
IS
LA
At the Downtown Memphis Commission, we actively invest, activate, initiate, and encourage progressive and productive
CENTRAL
endeavors in our core, and we couldn’t do it without
BUSINESS IMPROVEMENT DISTRICT
the dynamic team of citizens, elected officials,
PILOT
DEVELOPMENT
developers, entrepreneurs, and a host of others who
APPLICATIONS
LOANS
recognize the mutual benefits that are created with an ever-changing, ever-growing Downtown.
(CBID)
This year, our affiliate boards’ approved PILOTs are expected to return an estimated annual tax increase of $1M during their PILOT periods. Of the
2ND
EXTERIOR
GARAGE
IMPROVEMENT +
FUNDING
OTHER GRANTS
PROJECT
B.B. KIN G
MA IN
FRO NT
$4 billion in the Downtown development pipeline, 39 projects received DMC activations and events, 50 of those being Downtown Activation Grant recipients. Thirteen emerging retailers/entrepreneurs tested their strategies via our Open on Main retail incubation initiative. Downtown is now home to nearly 26,000 residents and almost 70,000 employees
MISSISSIPPI RIVER
SI D E
who are trending younger, more educated, and definitely more active.
G .E
. PA
TTE
RSO
N
Through every development, every grant, every event, and every interaction,
RIV
ER
IN MA
TEN
NES
SEE
R IV ER
BIG
incentives in FY19. Our grants supported over 220 community-building
TIF
TOTAL PROJECTS *
we are focused on building a Downtown for everyone, and it is working for us all.
CR I -5 O S S I 5 NG
Sincerely,
*some projects with multiple incentives
Jennifer Oswalt, President, Downtown Memphis Commission
FOR EVERY CELEBRATION
FOR EVERY PACE
FOR EVERY PERSPECTIVE
Clean + Green Programs We invest our resources and partner with other organizations to create a more engaging Downtown environment. In the service of welcoming Memphians and visitors to our communal spaces, we are dedicated to the year-round management of events, landscaping, and maintenance of Court Square, activating and maintaining the Main Street Pedestrian Mall, coordinating and commissioning public art, and supplementing Downtown cleaning and landscaping efforts.
Creative partnerships with artists, Hospitality Hub’s Work Local effort, Keep America Beautiful, and others have allowed us to elevate trash pickup on weekends, institute regular power-washing, install over 35 new self-watering planters, and commission more than 60 murals throughout our core, along with other maintenance and beautification efforts.
FOR EVERY INSPIRATION
FOLLOWERS INCREASED TO:
Community Messaging and Outreach
52,246
The core of our mission is enabling people, organizations, and businesses
88,146
to build stronger connections with Downtown. Taking on this role and
22,890
sharing the ways we are available to assist are vital parts of our work. We increase the area’s vitality by producing events, offering event grants, partnering in business recruitment and retention, engaging potential developers and tenants, as well as creating the communications and
15,723
public messaging to make Downtown’s guests and residents aware
SUBSCRIBERS TO NEWSLETTER
of these resources.
247,220,000 DMC grants/sponsorships provided funding for 223 community-building activations and events; 50 of those were Downtown Activation Grant recipients.
Food Truck Thursday: Serviced 792 trucks in FY19. August was our highest month for attendance with 110 trucks serviced.
DMC hosted free weekly yoga and pilates classes in Downtown Memphis Parks, averaging 150 attendees per week.
TOTAL DOWNTOWN IMPRESSIONS
DMC staff recruited and supported 13 emerging retailers/ entrepreneurs who tested their strategies via our Open on Main retail incubation initiative.
PROJECTS APPROVED FOR INCENTIVES IN FY19 A
D
D
I
N
G
Downtown Memphis is a distinctive and constantly evolving community of historic properties,
1,506
603,041
600
RESIDENTIAL
SQ FT OF
HOTEL
UNITS
OFFICE SPACE
ROOMS
L
E
A
D
S
T
O
C
A
P
A
C
I
T
Y
F
O
potential restoration sites, and opportunities for new development. We’re called to navigate and guide the area’s progressive growth with an eye toward R
↓
↓
↓
2,832
2,109
180,018
NEW
NEW
DOWNTOWN
DOWNTOWN
DOWNTOWN
VISITOR
RESIDENTS
EMPLOYEES
NIGHTS
maintaining its unique authenticity and culture. Our investments fuel our region’s future.
FOR EVERY STYLE
FOR EVERY OPPORTUNITY
Development Initiatives There is currently $4 Billion in the Downtown
Through direct investment and intervention as well as project oversight, the DMC takes a multi-level role in ensuring the creation and maintenance of sound,
development pipeline, including 39 projects receiving DMC incentives in FY19.
high-quality, successful developments and design improvements within our built
FY19 saw 21 DMC-assisted projects completed,
environment. We provide financial incentives for development through Downtown
totaling an investment of $116M, adding 78,850
Property PILOTs (partial tax abatement) and Development Loans. Our Design Review Board ensures the aesthetic appeal and continuity of the CBID
square feet of office space. The largest development completed in FY19 was 266 Memphis Lofts, which added 145 apartments
by structuring and evaluating sign regulations and design guidelines. We also
and 8,000 square feet of restaurant space that is
increase the value and potential of projects through planning, consultation,
now home to BarWare and JuiceBrothers.
and anti-neglect and anti-blight initiatives. Renderings of Union Row and the Bakery Project courtesy LRK
Largest Planned Project: Union Row
Largest Development Under Construction: Bakery Project
Parking and Mobility
FOR EVERY DIRECTION
Our affiliate board’s recent name change to the Downtown Mobility Authority represents a subtle yet significant shift in our thinking on mobility. We are actively recognizing and supporting multiple modes, including riding the bus and trolley, using Explore Bike Share, riding residents’ own bikes, renting scooters, and walking. The Downtown Mobility Authority will continue to value parking in our transportation toolkit, but we are changing the conversation, considering more variables, and being more strategic in our process. We aim to manage the demand for parking and better use the resources we have with considerations such as time of day, type of user, and purpose of that user’s time.
EXPLORE BIKE SHARE CHECK-OUTS WITH 45 STATIONS OF 300 BIKES
SCOOTERS IN THE CBID
AS MANY DOWNTOWNERS USE PUBLIC TRANSIT AS COMPARED TO THE CITY AS A WHOLE
FOR EVERY MOMENT
Safety Programs Our safety and hospitality programs work to create a welcoming Downtown for all. With 35+ members working throughout the area, the Blue Suede Brigade adds a helpful, hospitable face on every corner of the CBID, providing special event support by escorting and directing attendees to community and business functions.
Blue Suede Brigade patrols the entire CBID, including Beale Street, Riverfront, and the Medical District, providing expanded safety and hospitality coverage.
ANSWERED
DISTRIBUTED
TRACKED
SERVED
3,657
28,205
499,988
44,505
SERVICE CALLS
MAPS THROUGHOUT
VISITOR/NEIGHBOR
TOTAL HOURS
FROM BUSINESSES
DOWNTOWN
INTERACTIONS
IN FY19
FOR EVERYONE From the Mighty Lights to the Medical District, from South Main to Uptown, Downtown Memphis offers an ever-expanding range of opportunities, events, and attractions. But it is only with the creativity and participation of our entire community that these new elements take shape. We invite you to join us in continuing to create a Downtown for everyone.
Learn more via our digital dashboard at downtownmemphis.com.
FY19 Affiliate Boards Each of our affiliate boards works in the service of our shared goals and operates in efficient coordination by sharing one staff.
DMC Board
Center City Revenue Finance Corporation Board
DMC STAFF
Deni Reilly, Chairman
Christina Kurdilla, Chairman
Jennifer Oswalt, President
Terry Woodard, Vice Chairman
Eric Mathews, Vice Chairman
Penelope Springer, Chief Financial Officer & VP Administration
Benjamin Orgel, Secretary
Bobbi Gillis, Secretary & Treasurer
Penelope Huston, Vice President of Marketing and Communications
John Pontius, Treasurer
Jim Crone
Jaske (Jay) Goff, Vice President of Operations
Representative Raumesh Akbari
Glenn Floyd
Brett Roler, AICP; Vice President of Planning and Development
Williams Brack
Brandy Johnson-Ward
Christine Taylor, Office Manager
Mauricio Calvo
Sean Norris
Clint Burke, Manager of Clean & Green
Representative Barbara Cooper
Walter Person
Debra Streeter, Director of Security & Hospitality
Julie Ellis
Marija Sokolov Nelson
Alejandra Lopez, Accounting Intern
Councilwoman Cheyenne Johnson
Jonathan Mosley, Events & Programming Coordinator
Elizabeth Low
Design Review Board
Commissioner Mickell Lowery
Ray Brown, Chair
Theresa Taylor, Marketing Coordinator DMC/Beale Street
Cheryl Pesce
Rebecca Conrad, Vice Chair
Abram Lueders, Planning and Development Analyst
Joann Massey
Joyce Selina Love, Secretary
Ellery Ammons, Development Coordinator
Demar Roberts
Brian Bacchus
Erik Stevenson, Commercial Strategist
John Zeanah
Valentina Cochran
Elesie Walker, Captain, Blue Suede Brigade
Roderick DeBerry
Lisa Wheaton, Lead, Blue Suede Brigade
Suhair Lauck
Serron Williams, Lead, Blue Suede Brigade
Michael B. Chance, Chairman
Colin McDoniel
Dejon Leake, Clean & Green Assistant
Julie Lansky, Secretary
Deni Reilly
LaTonia Smith, Clean & Green Assistant
Ray Brown, Treasurer
Sheila Urevbu
Margaret Oliver, Receptionist
Center City Development Corporation Board
Sharon Leicham
Kaeyla Willis, Marketing Coordinator
Jon Shivers, Director of Beale Street
Anton Mack
Downtown Mobility Authority Board
Carl Person
Shanea McKinney, Chairman
Benjamin Orgel
John Golwen, Secretary
Deni Reilly
Brandon Bryant, Treasurer
Terry Woodard
Alvin Crook
those resources into incentives, programs, and activation for the continued
Shara Goldin
development of Downtown and the betterment of all of Memphis and Shelby
Travis Green
County. The DMC is the official partnership between local government and
Wayne West
the private business community in Downtown’s development.
The DMC drives Downtown’s role as the community’s economic, cultural, and governmental core. Solely funded by an assessment on commercial property in the Central Business Improvement District (CBID), we reinvest
114 North Main Street • Memphis, TN 38103 • 901.575.0540 • downtownmemphis.com