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 • Public Safety, Cleanliness and Hospitality • Economic Development • Transportation • Policy Advocacy • Infrastructure • Marketing and Communications • Sustainability
FINANCIAL OVERVIEW ADID Annual Tax Revenue 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 Tax Revenue 4,000,000 3,000,000 2,000,000 1,000,000 - 2005 2006 2007 2008 2009 2010 2011 2012 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 Annual Budget Allocation - 2013 3% 2% 5% Ambassadors/Public Safety/Hospitality 7% Capital 33% Operations Streets Alive 8% Clean Team Green Source/Sustainability/Transportation 9% Economic Development Marketing 33%
FINANCIAL OVERVIEW CAPITAL PROJECTS LEVERAGE SINCE 2003 ADID Investment $11,326,128 T otal 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 Marietta Street Simpson 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 MEETINGS Visit www.atlantadowntown.com Atlanta Streetcar monthly Sign-up for email newsletters 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
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