- Simplify The Idea
Give the company one clear vision to hold onto and build organized recommendations around it. I.E. “Boundless” is a strong, clear idea – everything you say should reinforce and compliment that idea. If it doesn’t, cut it.
- Keep On Being Creative
Companies love ideas and presentations that inspire them to move. It requires a special balance of innovation and sensibility about the language the company uses but if you can pull it off, it can be an important advantage.
- Do Data “Gut Checks”
Anyone can cite statistics. Ask yourself how the stats that you’re using 1) relate to your single, clear idea and 2) make the company look at the problem in a new or different way. The good news is that you’ve got great curiosity – you’ve just got to translate that into “What are the numbers that will make my argument for me?”
- Push The Professional Edge – Make It Real
You’re in the big leagues now. Create visuals and tools that make the company move from evaluating the idea to evaluating implementation and you’ve put yourself in the top 4, automatically.
What is the starting situation? Clarify Data. What has the client told us?
Why the baseball field didn’t work.
Here is the opportunity. 3-5 Logical Solutions. Debunking information
hotel-NO, retail, residential, office-NO, movie theater-NO, museum/civic, botanical garden, fountain, performance-NO
What does this mean? Evidence and Proof. ROI, ROA, CM, Sales growth. Evidence this is the BEST soluation.
What you asked us to do…”F”
Assist G&P in our client advisory role by evaluating the market characteristics of the property and recommending a course of action.
Young, Single
Professional
FROM BLACKBOARD DOWNTOWN PARTNERSHIP REPORT (Lauren)
VISITORS • 10.5 million annually to Davidson County
EMPLOYEES • 47,617 employees downtown o 49% 25-44 years old o 38% 45-64 (high disposable income) o 25% (2003) go out for dinner/ drinks close to office after work *They ranked more retail variety in the top 5 things they want to add downtown in 2007
RESIDENTS • 4300 people actually LIVE downtown
Primary market (10 minutes out) • 221,500 residents
• Metropolis 25% of this group o Like city living, urbane lifestyle, college degree or higher o median income $61,000
• Traditional Living 16% o ½ white collar and ½ manufacturing o do not follow fads, stick with what they know o median income $50,000; financially conservative
• Solo Acts 14% o young, well-educated, mostly single o spend lots of money on themselves (clothes, wine and beer, other retail)
• Senior Citizens in a close 4th
Secondary Market (20 minutes out) • 324,400 residents • Solo Acts 20% o see above…frequent movies, clubs, and bars
• High Hopes 17% o aspiring young families o most spend disposable income on their kids o eat out at mid-price restaurants or fast food
• Upscale Avenues 15% o includes enterprising young professionals (single, socially active, computers and technology) o In-Style (health conscious, live in suburbs but prefer city, health conscious) o Cozy and comfortable (middle age married people)
• Senior Citizens once again in close 4th
Tertiary Market (30 minutes out) • 297,600 residents • High Society 35% • Upscale Avenues 26% • High Hopes 12%
Green Ideas
Convention Centers
Light show, regulations, airplanes
Is it feasible to move the train station? Does the city want the station to be further away from downtown?
Botanical Garden
Station Square-Pittsburgh, PA
Atlantic Station
Mocking Bird Station
Project for Public Spaces pps.org
Grandville Island Website
LA Live
Washington Harbor-Jennifer
Stone Mountain
Harbor Place, Baltimore
Disney Symphony Hall, LA
Hotels:
“More than 2,000 additional rooms will be added to the market by the end of the decade. More than 1,000 of those are on the higher end of the market.”
—Jan 2007 http://nashville.bizjournals.com/nashville/stories/2007/01/22/story5.html?jst=s_cn_hl
“Nashville as a hotel market is maturing; it’s growing more sophisticated.”
—Jan Freitag, a vice president at Smith Travel Research, http://webbspunideas.blogspot.com/2007/05/hot-hotel-market-in-nashville.html
“The hotel market has been strong in Nashville. The daily room rate has continued to rise in the last three years. It increased to $95.05 in March, up 6.2 percent compared to a year ago.”
—http://www.bizjournals.com/nashville/stories/2008/05/19/story6.html
grandeur
theme
relationship
comfortable
organized
connection to surroundings
captivating
Need to have:
entry to property
entry to development
special character identity
enhancement site
sense of history
BOTANICAL GARDEN
Boardwalk
Parking- Jennifer
Fountain-Jesse
Lucky Strikes-Amy
Hotel- Chris
Sky Train
Baseball stadium
Movie Theater-Amy
Shopping
Nightlife
Kids Only Area
Rail Road
Boat Cruise
Health Care
Residential
Going Green
residential:
Downtown occupancy rates in existing rental product have remained steady at 95% over the past four years.
Residential growth for 2008 & 2009 est at 47 and 55%
—2007 Residential Report
Ten steps to downtown housing:
1. Housing must be downtown’s political and business priority. 2. Must be legible. 3. Must be accessible. 4. Regional amenities. 9. Edge of downtown must be surrounded by viable neighborhoods. (Use map outline of “target downtown” to show how Thermal site fits.)
—Nashville downtown living initiative 8/03
Questions: What age/family demographic does Nashville want to attract?
Deliverables:
Determine questions to ask Architect-Tom Meek
Narrow Top 3 Options down to top recommendation
Frame the top recommendation and thoroughly plan the storyboard and presentation
Complete the “U” section and begin the “S” section of the focus model
2 more sessions after this before rehearsal!!
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