Title: NASHVILLE AREA CHAMBER OF COMMERCE
1WELCOME NASHVILLE AREA CHAMBER OF COMMERCE
CONVENTION VISITORS BUREAU
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4THE MUNICIPAL AUDITORIUM
- Opened in 1908 for the Democratic National
Convention - Several configurations
- Arena
- Theater
- Opera house
5ELLIE CAULKINS OPERA HOUSE
6CURRIGAN EXHIBITION HALL
- Opened 1969
- 12 day opening gala featuring the Denver Symphony
Orchestra and Jack Benny - Pedestrian bridge built to open theaters meeting
rooms for CEH - 11,450,000 bond approved 1964
7CURRIGAN HALL TRADE SHOW - 1971
8COLORADO CONVENTION CENTER
- ULI hired to inspect local site and recommend -
Location, Location, Location - 1 million gross square feet
- Construction funding 126.3 million
- 292,000 sq ft of exhibit space
- Opened June 15, 1990
9COLORADO CONVENTION CENTER
10COLORADO CONVENTION CENTEREXPANSION
- 1996 Colorado Convention Center expansion talks
begun - 1997 DMCVB commissioned study
- CCC very successful turning away millions of
dollars worth of business - 1999 Voters approved expansion
- 2000 Currigan Hall demolished
- April 2002 Groundbreaking
11 DOUBLE THE SPACE
New
Existing
New
Existing
New
Existing
12COLORADO CONVENTION CENTER
- 2,500,000 gsf
- 584,000 exhibit space
- 1,000 space parking Garage
- 63 meeting rooms
- w/ 100,000 gsf
- 50,000 Ballroom
- 35,000 Ballroom
- 6 Lobbies 125,000 gsf
- 5,000 seat Theater
13 CONTIGUIOUS EXHIBIT SPACE
- 584,000 sq. ft. exhibit space all on one level
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15MEETING ROOMS
- 18 meeting rooms were added giving the Colorado
Convention Center a grand total of 63 meeting
rooms all on one level A main corridor for
traffic.
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17BALLROOMS
- A 50,000 sq. ft. ballroom divisible into 18
rooms, was added to compliment our existing
35,000 sq. ft. ballroom
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19WELLS FARGO THEATRE
- A 5,000-fixed seat lecture hall was added which
is divisible into three sections
20EVENTS
21REVENUE / EXPENSE TRENDS
22- Total funding with project interest 308,234,249
- Combination of variable and fixed rate bonds with
20 and 25 year final maturity - Original center bond payment would be retired in
9 years (2014) but refinanced in 2005
23- In 2006, the bond payments of 24.4 million for
the original convention center and expansion were
paid for by visitor taxes - A surplus of more than 17 million went to Citys
General Fund - The Centers 2006 operating deficit was less than
1 million
24Opened December 2005
25- Tax exempt revenue bonds issued by Hotel
Authority in June 2003 - Approximate 4.6 rate, 100 financing, 30 year
term - Not a debt of City or charge against its credit
- Hotel Authority has no taxing power and
reimbursed City for pre-issuance costs
26- More than 150 million of new economic impact
each year from expansion - 2 billion in definite bookings for future years
- Lodgers tax growth 28 million in 1998 to 53
million in 2007 - Visitors help pay State and City taxes, SCFD, RTD
and Stadium bonds
27Total Public Investment 881 million Public
Investment is now generating major private
investment 781 million
Slide courtesy of Downtown Denver Business
Improvement District, ArtHouse Design, Studio
Insite, Klipp, City County of Denver and
Felsburg, Holt Ullevig
28NEW HOTEL DEVELOPMENTS
PROJECT COMPLETION The Residence Inn Hotel
2006 The Curtis Hotel 2006 Hilton Garden
Inn Hotel 2007 Adams Mark Hotel Sale
2007 Ritz Carlton Hotel 2007 Four Seasons
Hotel Tower 2010 Embassy Suites Hotel
2010
29- Accessibility
- Facilities
- Affordability
- Safety
- Service
- AndDESTINATION APPEAL
30TOURISM THE SECOND LARGEST INDUSTRY IN DENVER
- Denver welcomed 12.2 million overnight visitors
in 2007, up from 10.4 million in 2005 - These Denver visitors generated 2.9 billion in
spending
Source Longwoods International Study 2007
31TOURISM AMONG COLORADOS LARGEST INDUSTRIES
- Colorado welcomed 28 million domestic U.S.
visitors on overnight trips in 2007 - Tourism contributed more than 9.8 billion in
2007 to the states economy - Without tourism tax revenue, it is estimated that
each resident would have had to pay 140 in
additional state taxes
Source Longwoods International, Colorado Travel
Years Study 2007
32MAJOR INFRASTRUCTURE DEVELOPMENTS
- Dick's Sporting Goods Park 2007
- FasTracks Light Rail 2007 2014
- Hyatt Denver Convention Center Hotel 2005
- Colorado Convention Center 1990 2004
- Universal Lending Pavilion 2002
- INVESCO Field at Mile High 2001
- Pepsi Center 1999
- Denver International Airport 1997
- Coors Field 1995
33DENVERS LOVE FOR THE ARTS IS REFLECTED IN ITS
VOTING HISTORY
1988 Denver voters create Scientific and
Cultural Facilities District (SCFD) to provide a
consistent source of unrestricted funding
toscientific and cultural organizations through
0.1 retail salesand use tax 1991 City
ordinance sets aside 1 of development costs to
createpublic art in new buildings 1994 Voters
reauthorize SCFD tax for 10 additional years 1999
- Denver voters pass 62.5 million bond issue
for new wing of Denver Art Museum 2002 - Voters
approve 25 million general obligation bond issue
to funda portion of Newton Auditorium renovation
( 66 voted to support) 2004 Voters
reauthorize SCFD tax for 10 additional years 2007
Voter approve Cultural Facilities Bond
Initiatives
34CULTURAL RENAISSANCE
- Clifford Still Museum 2010
- Denver Contemporary Art Museum 2007
- Denver Art Museum Hamilton Wing 2006
- Denver Zoo Expansion (phase 1) 2004
- Cherry Creek Arts Festival 2001
- Ocean Journey Aquarium 1999
- Denver Public Library 1996
- Six Flags at Elitch Gardens 1995
- Performing Arts Complex 1980
- Ellie Caulkins Opera House 2005
- Buell Theatre 1998
- Boettcher Concert Hall TBD
35THE THEATRE DISTRICT
- Enhance Denver through public art investment and
city and regional promotion - Bring in local, regional and national companies
to support and promote the district through
signage, events and activation - Music Concerts
- Art Festivals
- Cultural Events
- Public Art and Galleries
- Outdoor Films
- Public/Private Venues
36THE DENVER PERFORMING ARTS COMPLEX
37THE ELLIE CAULKINS OPERA HOUSE AT THE NEWTON
AUDITORIUM
- The 2,225-seat Ellie Caulkins Opera House opened
in 2005 after a voter-approved 93 million
renovation - A state-of-the-art lyric opera house, the Ellie
attracts the worlds top artists and provides a
first-class patron experience
38THE BUELL THEATRE
- Opened in 1991with a sell-out, 10-week engagement
of The Phantom of the Opera - Houses national Broadway touring productions for
multiple-week engagements and one-night
presentations - At over 2,800 seats, the Buell is the largest
DPAC venue
39BOETTCHER CONCERT HALL
- Built in 1978 as the nations first symphony hall
in the round, designed to place the audience
close to the stage - With more than 2,600 seats, primary home of the
Colorado Symphony Orchestra - In 2007, voters approved 90 million renovation
and expansion of Boettcher Concert Hall
40RED ROCKS AMPHITHEATRE 9,000 Seats
41DENVER HOSTED MANY SUCCESSFUL EVENTS
- 2003 U.S. Conference of Mayors 1999 National
Conference of Black Mayors - 2002 International Chamber of Commerce World
Congress 1997 National Black Chamber of
Commerce - 1997 Summit of The Eight World Leaders
- 1993 Pope's World Youth Day
- Sporting Events
- 2007 MLS All-Star Game
- 2006 Lacrosse All-Star Game
- 2005 NBA All-Star Game
- 2001 NHL All-Star Game
- 1998 MLB All-Star Game
- 1990 NCAA Final Four
- Championship Wins
- 1998 1999 Super Bowl 1996 2001 Stanley Cup
42OTHER MAJOR EVENTS
- NCAA Frozen Four Hockey (2008)
- Medal of Honor Society (2008)
- National Performing Arts Conference (2008)
- American Association of Museums (2008)
- Denvers 150th Year Anniversary (2008)
- Democratic National Convention (2008)
- U.S. Hispanic Chamber of Commerce (2009)
- SportAccord (2009)
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