THE BICENTENNIAL

GATEWAY PROJECT
1819-2019

JANUARY 17, 2017

WHY WE ARE HERE TODAY

No child should die in the dawn of life.

- Danny Thomas

Since1962, overall childhood cancer survival rate: 20% to todays 80%

St. Jude Childrens Research Hospital is leading the way the world
understands, treats and defeats childhood cancer and other lifethreatening diseases. Finding cures. Saving children.

WHY WE ARE HERE TODAY

To maximize $9 billion investment by St. Jude Childrens Research Hospital and ALSAC
To create approximately 1,800 new jobs at St. Jude and ALSAC plus 3,000 new jobs in

the broader Medical District.

To create connectivity with Carnes and Uptown neighborhoods
To develop a new sense of arrival for Tennessees most traveled gateway

To access revenue neutral funding sources for local and state governments

BIG PICTURE
HARBOR TOWN
UPTOWN

CURRENT TIF
BOUNDARY

CARNES ELEMENTARY

PROPOSED TIF
ADDITION

Beale
Street
Landing

TDZ BOUNDARY

Primary funding sources for

Gateway projects include
Tourism Development Zone (TDZ)
proceeds for projects west of St.
Jude and Tax Increment Finance
(TIF) proceeds north and east of
St. Jude.

DOWNTOWN MEMPHIS TOURISM DEVELOPMENT ZONE

ST PAUL

SECOND

TENNESSEE

INTERSTATE 40

GE PATTERSON

CURRENT QPUF COMPONENTS

BASS PRO SHOPS
AT THE PYRAMID

THE PINCH DISTRICT

INTERSTATE 40

MEMPHIS COOK
CONVENTION CENTER

NEW QPUF COMPONENTS

BASS PRO SHOPS
AT THE PYRAMID

THE PINCH DISTRICT

INTERSTATE 40

MEMPHIS COOK
CONVENTION CENTER

THE PINCH DISTRICT

MUD ISLAND

Waterfire, Providence, Rhode Island

Baltimore Inner Harbor

Branson Landing, Branson, Missouri

Branson Landing, Branson, Missouri

THE RIVERFRONT

TDZ NEXT STEPS

Presentation to City Council Committee.
Presentation to full City Council for resolution authorizing Mayor to submit amended
application to State of Tennessee.
Amended application submitted to State of Tennessee.
Presentation to State Building Commission.
Completed community engagement and due diligence.
Request for City Council approval of project and financial model.
Presentations to bond rating agencies.
Bond issuance.
Project construction begins.

CONVENTION CENTER RENOVATION

CONVENTION CENTER RENOVATION

Capital improvements to the Convention Center are necessary to keep/regain
market share of convention business.
The Convention Center is a Qualified Public Use Component of the Tourism
Development Zone (TDZ).
TDZ Proceeds and a portion of Hotel/Motel tax are revenue sources that can
be used to fund improvements.
2010 study and 2014 condition assessment identified market based needs and
facility based needs.
Initial concept proposed to address deferred maintenance issues and improve
aesthetics of the Facility.

CONVENTION CENTER RENOVATION

An architectural team comprised of TVS Design and LRK Architects has been
selected. RFQ for Construction Manager has been issued. Subsequent RFP will
emphasize the imperative for MBE participation.
The team is exploring improvements to operational efficiency, expanding and
improving the load-in/docking area, and adding exhibit/ballroom/meeting room
space if possible.
MCCC Team (Board and City of Memphis staff) is developing the funding stack
necessary to fund the renovation
Anticipate cost estimate and initial design in 60-90 days, construction to begin in
2017
We will keep Council updated on progress and will identify any necessary
legislative actions as early as possible.

CONVENTION CENTER RENOVATION

CONVENTION CENTER RENOVATION

PROPOSED TIF EXPANSION BOUNDARY MAP

Uptown Existing TIF
Uptown TIF Phase I
St. Jude/ALSAC
Proposed Expanded TIF
Existing TDZ Area
Methodist-LeBohnuer
Legends Park

Jackson Ave.

TIF AMENDMENT
The purpose of the amendment to the existing Uptown TIF District is:
1) to continue critical infrastructure improvements and blight elimination efforts in the
existing TIF area in phase II which will extend past Chelsea to Marble to the North (to
include Bickford Community Center area and school) and extend past Manassas to
Ayers to the East;
2) to expand the TIF area and our infrastructure improvements and blight elimination
efforts in the neighborhood between St. Jude Childrens Research Hospital and
Methodist Le Bonheur hospital and between the revitalized Uptown and Legends Park
areas; and
3) to continue the TIF to allow for critical needed investment in an area that is
significantly depressed with little existing tax revenue. Investment in this area is needed
to ensure the safety of our medical district and transform the area into a property tax
generating area in the future.

UPTOWN REDEVELOPMENT SUCCESS

IMPROVING INFRASTRUCTURE AND
TRANSFORMING COMMUNITIES
The Uptown Neighborhood has seen significant
public and private investment made possible by the
Community Redevelopment Agency (CRA).
22,400

Linear feet of new

sidewalks

8,400

Linear feet improved alleys

1,600

Linear feet improved

streets

1,500+

Trees planted

846

Apartments and Houses

Built

83

Structures Rehabilitated

69

Senior Apartments
available

Uptown Existing TIF

Uptown TIF Phase I
St. Jude/ALSAC
Proposed Expanded TIF
Existing TDZ Area
Methodist-LeBohnuer
Legends Park

Jackson Ave.

UPTOWN REDEVELOPMENT SUCCESS

IMPROVING INFRASTRUCTURE AND TRANSFORMING COMMUNITIES

In 2000, Uptown Phase I

Area alone had over:
190 dilapidated / deteriorated
buildings
Today there are less than 25,
87% Reduction

Hurt Village Before

Uptown After

Hurt Village Before

Uptown After

100 vacant buildings

Today there are less than 25,
76% Reduction
445 vacant lots
Today there are less than 100,
78% Reduction
Only 81 homeowner-occupied
residences
Today there are over 300,
370% Improvement
Source: CRA End of Year Reports and Information on Uptown TIF, 2016

COMMUNITY REDEVELOPMENT AGENCY

BLIGHT REMAINS IN THE EXISTING UPTOWN TIF AREA
Critical infrastructure
improvements are
needed outside of the
Phase I area if we are to
protect the investment
made in Phase I of the
Uptown TIF.

There are approximately

125 deteriorated
structures, vacant
buildings and vacant lots
still in Uptown Phase I
alone.

COMMUNITY REDEVELOPMENT AGENCY

SIGNIFICANT BLIGHT IN THE UPTOWN PROPOSED EXPANDED TIF AREA
Within one mile of Uptown, Legends Park, St. Jude
and Le Bonheur Hospitals -- significant blight
remains in the 365 acre proposed expansion area.
Of the 1,266 Parcels in the Proposed Uptown
Expansion Area over:

445 are vacant (35%)

275 dilapidated or deteriorated

buildings (22%)

115 multi-family properties, 23% are

in poor condition

125 commercial properties, 57% are

either vacant or in poor condition.

Source: Neighborhood Preservation Inc. Slum and Blight Survey, 2016

COMMUNITY REDEVELOPMENT AGENCY

PROPOSED TIF EXPANSION 48% OF PROPERTY VACANT / POOR CONDITION

Dumping in lot 250 feet from Carnes School

Sidewalk conditions along Dunlap

Vacant Commercial Building

COMMUNITY REDEVELOPMENT AGENCY

PRIORITY PROJECTS FOR 2016-2018 INCLUDE:
Existing Uptown TIF
Infrastructure Improvements
Roads (Bickford area priority)
Alley segments and sidewalks
Bickford Community Center
Chism Trail Rehabilitation
Repairs to roof and sprinkler
Acquire abandoned state

ROW Jackson
Housing
AHDI Grant Homes - 12 homes
Habitat New Construction - 12 homes
Multi-family Rehab - 2 properties with 16
units
Single family Rehab - 12 homes

Expanded Uptown TIF

Infrastructure Improvements
Major corridors between St. Jude
and Le Bonheur Hospitals
Manassas, Dunlap, Ayers,
Alabama
Underpass- lighting and
improvements
Roads, alleyways, sidewalks
Alabama and Poplar Intersection
Reconfigure to improve safety
and beautify
Convert street to 2 way traffic
Housing
Habitat New Construction
Multi-family Rehab
Single family Rehab

COMMUNITY REDEVELOPMENT AGENCY

PROPOSED TIF EXPANSION POTENTIAL STREET IMPROVEMENTS

e.

TIF NEXT STEPS

A TIF application is filed.

The CRA Board considers a request for the waiver of application fees. The CRA is a 7-member
citizens board with 3 appointees from the City, 3 from the County and 1 joint.

The CRA Finance Committee meets about the proposal. The CRA Finance Committee is made up of
three members of the full CRA Board.

The TIF Review Committee meets to consider the proposal. The TIF Review Committee is made up of
the City and County Finance Directors, attorneys, and Finance Committee Chairs.

The CRA Board takes final vote. The time between the application filing date and the CRA Board
taking a final vote is usually 60-90 days.

If approved, application is forwarded to the Memphis City Council and Shelby County Board of
Commissioners. The plan amendment will be presented as a resolution and the amendment to the
TIF district boundaries will be presented as an ordinance, requiring three readings by each legislative
body.

END GAME

The Bicentennial Gateway Project ignites the Memphis brand and ushers in
the citys third century.

It celebrates Memphis 200 years by transforming its first commercial district

the Pinch and its first great place the riverfront and connects them to
historic Uptown and Carnes neighborhoods.

It builds new economic engines, creates jobs, and improves quality of life for
Memphis and Tennessee in a seamless plan linking assets with greater
potential.

It executes a seamless plan to link assets that include neighborhoods, an

anchor institution, a reborn economic anchor, and public spaces.

THE BICENTENNIAL
GATEWAY PROJECT
1819-2019

JANUARY 17, 2017