Page 3 Euclid South Community Improvement District Annual Report FY 2016
Page 3 Euclid South Community Improvement District Annual Report FY 2016
Page 3 Euclid South Community Improvement District Annual Report FY 2016
Page 3 Euclid South Community Improvement District Annual Report FY 2016
The Euclid South COMMUNITY IMPROVEMENT DISTRICT
Fiscal Year 2015-2016 Annual Report
TABLE OF CONTENTS Letter to the Community
Page 1
About the Euclid South CID
2-4
Businesses
5-9
Program Areas
10
Clean & Green
11 - 12
Marketing
13 - 14
Infrastructure
15 - 16
Public Safety Euclid South by the Numbers Financials Looking Forward
17 18 19 28
Euclid South Community Improvement District Annual Report FY 2016
LETTER TO THE COMMUNITY Dear Friends, As the Euclid South Community Improvement District (CID) closes its first full year of operation, I want to extend the community’s appreciation for your foresight and support in approving the District. Your vote in 2014 created the CID and approved the 1% sales tax that funds every CID program. Your continued participation in the committees helps guide the CID’s efforts and is key to the CID’s success and the success of the community. The Euclid South CID is focused on Euclid Avenue south of Lindell Boulevard to Forest Park Avenue. The businesses, along with the exceptional mix of historic and contemporary residential opportunities, make the community unique. The extraordinary building boom is bringing new residents and businesses, making a stronger, more dynamic community. The CID’s goal is to further enhance and promote the District, providing a vibrant and attractive atmosphere in a welcoming walkable urban neighborhood. The Euclid South CID is just the beginning. On behalf of the CID Board, I invite you to continue the effort to make this the community you have always wanted. Sincerely, Brian K. Phillips, Chairman of the Board Euclid South Community Improvement District
Page 1 Euclid South Community Improvement District Annual Report FY 2016
Located at the southern end of the vibrant Euclid Avenue corridor in the Central West End, the Euclid South CID is a dynamic district boasting some of the regions finest and most memorable dining, shopping, and housing destinations. Established in 2014, the Euclid South CID is a political subdivision organized under the Revised Missouri Statues Sections 67.1401-67.1571. It is governed by an appointed sevenmember Board of Directors who are property and business owners within the CID boundaries.
Forest Park
ABOUT THE EUCLID SOUTH CID
Page 2 Euclid South Community Improvement District Annual Report FY 2016
EUCLID SOUTH CID, GOVERNANCE Board Meetings
BOARD OF DIRECTORS: Brian K. Phillips (WU Medical Center)
Chairman
Nick Georges (Property & Business Owner)
Vice Chairman
Sam Koplar (Property Owner)
Secretary
John Ly (Business Owner)
Director
John McElwain (Property Owner)
Director
Joshua Udelhofen (Property Owner)
Director
Open Seat (Business Owner)
Director
Board meetings are open to the public and the third Thursday of odd-dated months at 2 p.m. in the Administrator’s office. Meetings may be rescheduled if a quorum is not available.
District Administrator Park Central Development Corporation 4512 Manchester Ave., Suite 100 St. Louis, MO 63110 314.535.5311 Staff: Susan Anderson and Hannah Curtin
Page 3 Euclid South Community Improvement District Annual Report FY 2016
EUCLID SOUTH CID, COMMITTEES LANDSCAPING COMMITTEE Gary Jackson, MetroLofts Jim Velten, Tusten Townhomes Ron Skinner, Patrik Travel Maggy Malcolm, Wexford Condominiums John McElwain, Real Property Associates MARKETING COMMITTEE Sarah Scherer, International Tap House Angela Catelli, Central Table Shawn Milford, Whole Foods
Eric Hammond, Philip Johnson Salon Kevin Harmann, Fitness Formula David Picard, Wild Flower Restaurant
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EUCLID SOUTH CID BUSINESSES BUSINESS
Sales (taxable): $24.5M
44 Businesses
20 Restaurants
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EUCLID SOUTH CID BY THE NUMBERS FY 2015-16 CLEAN & GREEN (cleaning & landscaping)
Streets & Sidewalks Cleaned (10,000 feet, twice weekly)
Curbside Litter Containers Emptied (7, twice weekly)
INFRASTRUCTURE
500 ft., New Sidewalks
11 New Streetlights
Seasonal plantings: 12 above-ground planters & twice weekly maintenance 12 New Trees
MARKETING
Facebook: 288 Likes
Instagram: 240 Followers
Twitter: 233 Followers
PUBLIC SAFETY
Guides, 577 Patrol Hours
Phase 1: Euclid Streetscape Improvements
(in addition to off-duty officers provided by CWE South Special Business District)
Page 5 Euclid South Community Improvement District Annual Report FY 2016
BUSINESSES Applebee’s Bar & Grill A-Z Liquor BBQ Saloon Brasserie by Niche Central Table/Bar Paradigm Central West End Cleaners Clarkson Eyecare Einstein Bagels Fitness Formula Great Frame Up Great Southern Bank Hair Suite Too Holiday Inn Express Hot Box Cookies
India’s Rasoi International Tap House Jimmy John’s Kampai Sushi Bar Kindred Hospital Laclede Nail Salon Little Saigon Café Massage Luxe Parkway Hotel Patrik Travel Philip Johnson Salon Pickles Deli Plaza Dental Center Premier Dental Partners
Racanelli’s Pizza Relish Rosie’s Place St. Louis Bread Co. St. Louis Coffee Oasis Subway Taste Tom’s Bar & Grill Tortillaria Mexican Kitchen Tutti Frutti CWE (The) UPS Store West End Wok Whole Foods Wild Flower Restaurant
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EUCLID SOUTH CID, WELCOMES NEW BUSINESSES February 2015: Hot Box Cookies opened with temptations warm & wonderful at 7 S. Euclid.
Spring 2016: The new owner of CWE Nails & Spa offers clients relaxation with a dash of sparkle, 4904 Laclede.
Spring 2015: As the weather warmed, so did the grills at BBQ Saloon, 4900 Laclede. Tantalizing!
Summer 2015: Choose group, personal, semiprivate, or private training at Fitness Formula, 4630 Lindell.
May 2016: Threatening clouds did not deter eager customers who lined up around the block for Whole Foods opening. Its first store in St. Louis City!
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PROGRAM AREAS Clean & Green Infrastructure Marketing Public Safety
Page 1 Euclid South Community Improvement District Annual Report FY 2016
CLEAN & GREEN Ensuring a welcoming streetscape includes a new planting scheme with hundreds of flowering annuals and bulbs plus tending to the planters and trees, District maintenance takes regular cleaning of the sidewalk and streets, emptying trash containers, plus upkeep of the street furniture and lighting.
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Page 3 Euclid South Community Improvement District Annual Report FY 2016
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FY 2016
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PUBLIC IMPROVEMENTS Steady Progress Toward a Dynamic New Streetscape
20
PUBLIC IMPROVEMENTS The $72M Euclid Streetscape Project is a multi-phased plan to thoroughly upgrade the public realm along Euclid from Forest Park Avenue to Lindell Boulevard. These updates will make Euclid more inviting as residents and visitors enjoy the distinctive CWE shopping/entertainment atmosphere in the heart of the City.
21
PUBLIC IMPROVEMENTS Streetscape Improvements: It’s a whole new look along the east side of Euclid south of Laclede. The Euclid South CID replaced this section of streetscape between Forest Park and Laclede Avenues, replacing the deteriorated sidewalks, 40-year old pedestrian streetlights and failing Ash trees along this popular section of Euclid, followed by installation of new wiring and street lights, sidewalks, & street trees.
22
Pedestrians and diners escape their winter environ to enjoy an early spring day on Euclid Avenue.
23
FY 2016
PUBLIC IMPROVEMENTS Streetscape Improvements: Planning is underway to address the dated “lollipop” pedestrian light fixtures located throughout the district.
25
COMING PUBLIC IMPROVEMENTS Planning is underway to address the dated “lollipop” pedestrian light fixtures located throughout the district.
26
CLEAN & GREEN During the this fiscal year, a new Landscaping Committee for was formed. The committee is focused on developing and initiating beautification projects throughout the district. This year, the committee maintained 12 planters, 7 curbside litter containers and cleaned over 10,000 linear feet of sidewalks and streets throughout the district. Long-term efforts are underway to develop a long-term plan for beautification, including new planters, street furniture and other amenities.
THE EUCLID SOUTH COMMUNITY IMPROVEMENT DISTRICT
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THE EUCLID SOUTH COMMUNITY IMPROVEMENT DISTRICT
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MARKETING & COMMUNICATIONS During our first full year of operations, Euclid South launched phase one of our marketing and communications strategy by activating our social media campaign. Twitter, Instagram and Facebook accounts were established under the operating name of CWE LIVE to accentuate the lively atmosphere pulsating throughout the district. A Marketing Committee, made up of area stakeholders, was established to help promote the great attributes of the district and to plan and host special events. Efforts are underway to coordinate with the Euclid North CID on an effort to promote the “Greater Euclid” corridor from Delmar to Forest Park.
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29
MARKETING & COMMUNICATIONS
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SPECIAL EVENTS During our first full year of operations, we did not hold any special events. However, our staff and area stakeholders are planning a series of events that will take place during the next fiscal year. We hope to create events and activities that will draw visitors to both the Euclid South and greater Euclid district.
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THE EUCLID SOUTH COMMUNITY IMPROVEMENT DISTRICT
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EUCLID SOUTH, BY THE NUMBERS Business
$24.5M (taxable) sales
44 businesses
20 restaurants
Clean & Green
10,000 Feet of Sidewalks Cleaned Twice a Week
100s of Annuals and Bulbs Planted & Tended in 12 Planters
5 Curbside Litter Containers Emptied Twice Weekly
Phase 1: Euclid Streetscape Improvements
11 New Pedestrian Streetlights Installed
500 Linear Feet of New Sidewalks
12 New Trees
Social Media: CWELive Public Safety
288 Facebook Likes
240 Instagram Followers
200 Twitter Followers
577 Guide Patrol Hours
FY 2016
P 14 The Euclid South Community Improvement District
THE EUCLID SOUTH COMMUNITY IMPROVEMENT DISTRICT
34
ON THE HORIZON The district is currently experiencing a major building boom. With each new project, more residents, businesses and visitors are discovering our “Little Piece of Heaven” in the heart of the city. During the next 24 months, hundreds of new residential units will come on line in and around the district.
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ON THE HORIZON The Gamlin Restaurant Group is planning to open a new eatery in the long vacant Forest Park Hotel commercial space at West Pine and Euclid. The 4,800 square foot space is expected to receive a major interior and exterior makeover, adding to the vibrancy of this great district.
FY 2016
ON THE HORIZON The Koman Group is building a $31m mixed-use development at 32 N. Euclid. Shake Shack will anchor the ground floor retail. 72 Residential units, 10,000 square feet of office space & 7,500 square feet of retail.
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ON THE HORIZON The Gamlin Restaurant Group is planning to open a new eatery in the long vacant Forest Park Hotel commercial space at West Pine and Euclid. The 4,800 square foot space is expected to receive a major interior and exterior makeover, adding to the vibrancy of this great district.
THE EUCLID SOUTH COMMUNITY IMPROVEMENT DISTRICT
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THE EUCLID SOUTH COMMUNITY IMPROVEMENT DISTRICT
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THE EUCLID SOUTH COMMUNITY IMPROVEMENT DISTRICT
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ON THE HORIZON The Gamlin Restaurant Group is planning to open a new eatery in the long vacant Forest Park Hotel commercial space at West Pine and Euclid. The 4,800 square foot space is expected to receive a major interior and exterior makeover, adding to the vibrancy of this great district.
FY 2016
Financials
FY 2016
FY 2015-2016 TAX REVENUE: $245,771
$9,940
$21,218
$26,630
$8,434
$9,080
$5,000
$22,090
$10,000
$11,683
$15,000
$32,948
$20,000
$22,722
$25,000
$18,504
$33,691
$30,000
$28,831
$35,000
$-
FY 2016
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BUDGET FY 2015-16 Income
Expenses
1% Sales Tax Interest Income Total Income $170,000
$170,000 0
Administration Marketing
10,500
Beautification
20,000
Infrastructure
111,814
Public Safety
34,600
Total Expenses
FY 2016
$ 73,000
$249,914
PROFIT & LOSS FY 2015-2016 Income Sales/Use Tax Interest Income
$245,776.49 58.63
Total Income
$245,835.12
Expense Administration
Marketing/Promotions Public Area Maintenance & Landscaping Infrastructure Public Safety & Security
$ 51,253.00
483.34 7,246.00 117,466.09 7,300.00
Total Expense
$183,809.48
Net Ordinary Income
$ 62,025.64
FY 2016
BALANCE SHEET Assets
Liabilities & Equity
Current Assets Checking/Savings Total Current Assets
$ 84,117.28
Accounts Payable
$
220.00
Total Current Liabilities
$
220.00
$ 84,117.28 Equity
Net Assets
$21,871.64
Net Income
$62,025.28
Total Liabilities & Equity
$84,117.28
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