STATE OF THE DISTRICT NOVEMBER 2013 ORGANIZATION OVERVIEW Atlanta - - PowerPoint PPT Presentation

STATE OF THE DISTRICT NOVEMBER 2013

ORGANIZATION OVERVIEW

Atlanta Downtown Improvement District

Governance 9 member Board of Directors, 6 elected by Downtown commercial property owners; 2 are appointed by the Mayor and Council President; 1 is the Councilmember whose council district encompasses the largest geographical area within the district Corporate Structure 501(c)(3) Funding Tax levy annually (currently 5 mils) on commercial properties plus grants and contributions Founded By leadership of Central Atlanta Progress in1995 and reauthorized 2002 and 2008

ORGANIZATION OVERVIEW

Board of Directors

Harry Anderson Senior

VP, Global Business and Technology Services, The Coca-Cola Company

Lisa Borders VP of Global Community Connections and Chair of The Coca-Cola Foundation Curley Dossman President, Georgia-Pacific Foundation Kwanza Hall Councilmember, Council District 2, Atlanta City Council Lisa Harris Senior

VP, Real Estate and Project Management, Turner Broadcasting System, Inc.

Craig Jones Executive

Vice President and Chief Investment Officer, Cousins Properties Inc. (Chairman)

John Portman IV Vice President Capital Markets, Portman Holdings Carl Powell Executive

Vice President, The Integral Group, LLC

Ron Tarson General Manager, Westin Peachtree Plaza

Officers

A.J. Robinson President Charles Strawser Vice President Finance, Secretary-Treasurer

MISSON

With Central Atlanta Progress

To build a 21st century Downtown as the heart of the Atlanta Region – a vibrant community with strong leadership and sustainable infrastructure that is safe, livable, diverse, economically viable, accessible, clean, hospitable and entertaining

WHERE

220

Blocks

661

Parcels

380

Owners

WORK PLAN

In partnership with Central Atlanta Progress

• Planning
• Economic Development
• Policy Advocacy
• Marketing and Communications
• Public Safety, Cleanliness and Hospitality
• Transportation
• Infrastructure
• Sustainability

FINANCIAL OVERVIEW

• 1,000,000

2,000,000 3,000,000 4,000,000 5,000,000 6,000,000 7,000,000 8,000,000 9,000,000 10,000,000 2005 2006 2007 2008 2009 2010 2011 2012

ADID Annual Tax Revenue

Tax Revenue

2002 District reauthorized with intent to increase millage rate from 2.2 to 5.0 over three years 2005 reached current geography with addition of Railroad District

FINANCIAL OVERVIEW

33% 33% 9% 8% 7% 5% 3% 2%

Annual Budget Allocation - 2013

Ambassadors/Public Safety/Hospitality Capital Operations Streets Alive Clean Team Green Source/Sustainability/Transportation Economic Development Marketing

FINANCIAL OVERVIEW

CAPITAL PROJECTS LEVERAGE SINCE 2003 ADID Investment

$11,326,128

T

• tal

Investment

$127,036,822 11x multiplier

CURRENT ADID PROGRAMS

Public Safety, Cleanliness and Hospitality

Ambassador Force • Clean T eam • Operation Shield • Operation Best Foot Forward Woodruff Park • Partners for Hope

Capital - Infrastructure

Atlanta Streetcar • Traffic Signal Upgrades • Parking • I-75/85Connector • Sidewalks

GreenSource: Sustainability & Transportation

Better Buildings Challenge • Transportation Demand Management • Waste Stream

StreetsAlive

Landscaping • Trees • Public Art • Banners • Trees • Landscaping • Street Lights

Economic Development

Streetcar Sites/Buildings • Sweet Auburn zoning • Pop-Up Retail • Redevelopment catalyst

Marketing

Restaurant Week • Supporting Streetcar • Web Presence and Social Media

PUBLIC SAFETY , CLEANLINESS AND HOSPITALITY

PUBLIC SAFETY , CLEANLINESS AND HOSPITALITY

CAPITAL - INFRASTRUCTURE

CAPITAL - INFRASTRUCTURE

CAPITAL - INFRASTRUCTURE

CAPITAL - INFRASTRUCTURE

Ivan Allen Jr. Boulevard Simpson Street Marietta Street Fairlie-Poplar

GREENSOURCE: SUSTAINABILITY & TRANSPORTATION

STREETS ALIVE

ECONOMIC DEVELOPMENT

MARKETING & COMMUNICATION

LOOKING AHEAD

ANNUAL OWNERS AND MANAGERS SURVEY

Annually since 1996. By mail in March 2013. 93 responses

• Opinions of Ambassador Force and Clean Team remained steady
• ADID most associated with landscaping, bike racks, holiday lighting,

wayfinding signs, Marietta Street streetscape and Woodruff Park, but up to 40% don’ know who is responsible for projects

• Projects with the greatest positive impact – traffic signal upgrade

and synchronization and wayfinding signs

• Auto break-ins, petty theft and graffiti viewed as serious problems.

Most serious is homelessness and panhandling

• High priority to recruit new retail and build more visitor attractions

and venues

2014 – EXCITING YEAR AHEAD

Polaris Renovation | Jan 2014 Atlanta Streetcar | April 2014 Coca-Cola Relocation to SunTrust Plaza | Spring 2014 New Football Stadium | Construction Starts Spring 2014 National Center for Civil and Human Rights | May 2014 Aloft Hotel | Summer 2014 National College Football Hall of Fame | August 2014 GSU Law School | Fall 2014

2014 – EXCITING YEAR AHEAD

$577 billion worth of investment between 2012 and 2014

CAUCUS OF ELECTORS YOU ARE INVITED

Friday, January 10, 2014 8:00 a.m. Central Atlanta Progress (50 Hurt Plaza, Suite 110) Dissolution of District Yes or No Board of Directors Election 4 director seats – 3 by value and 1 by number

MORE INFORMATION

ONLINE

Visit www.atlantadowntown.com Sign-up for email newsletters

MEETINGS

Atlanta Streetcar monthly construction updates and socials Bi-Annual Town Hall Meetings Annual Meeting – March 2014 Board Meetings – first Friday at 8:00 am (except March, July and September)

QUESTION & ANSWER