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Parks As Economic Engines…

   Destination Bayfront

    Corpus Christi, TX
      May 14, 2013

                    Ken Hays
                    Kinsey Probasco Hays
                    Chattanooga, TN
Corpus Christi




                 Chattanooga
1950 - The Dynamo of Dixie
•Rail, air, river and highway hub
•Manufacturing Center
  Iron and Steel
  Glass
  Chemicals
  Yarn/Carpet
  Pharmaceuticals
•Plentiful workers
•Cheap energy, low cost of living
•Growing suburbs
Chattanooga is the dirtiest place in
America……thanks to having the worst
Air quality in the nation…..
Walter Cronkite       1969
Between 1969 and 2000……Cleaned up air
and water
Re-discovered and reinvested downtown
Built Aquarium, Tn Riverwalk & Walking Bridge
Opened downtown cinema, restaurants,
                          baseball park
Coolidge Park - a case study - 1997
•First regional urban park
•Showed high quality parks attract businesses
•Gave a reason to cross the river
What we had learned….

•Working together works
•Take advantage of existing assets
•Form public private partnerships
•Treat everyone as a stakeholder
•Do everything of highest quality
•Nothing stands alone – design of the
   whole matters
Celebrated together….a lot
But by 2000….
•Still hadn’t engaged downtown river’s edge
•Had challenged downtown attractions
•Needed to attract more investment
2000-2002
•Reconsider Riverfront Parkway
21st Century Waterfront Plan 2002-2005
•Unique fundraising partnership - $120 million and 126 acres

•Expansion of three major downtown attractions

•Public Amenities
   •Over 30 acres of new parks & plazas
   •Over 2,000 feet of boat docking
   •Improved street connections, pedestrian bridge
   •$1.2 million in public art
   •600 ft pier into Tennessee River
   •Parking, playgrounds & performance venues
   •Water features, reconstructed wetlands
Renaissance Park - 2005
Renaissance Park - 2005
Renaissance Park - 2005
Renaissance Park - 2005


 Construction Values:
     $61,000,000

 Property Tax Revenues:
     $1,141,846

 Sales Tax Revenues:
      $530,000
Chattanooga Green-Ross’s Landing - 2005
Chattanooga Green-Ross’s Landing - 2005

Construction Values:
    $12,000,000

Property Tax Revenues:
    $200,000

Sales Tax Revenues:
     $300,000
First Street Plaza & Sculpture Park - 2005
First Street Plaza & Sculpture Park - 2005
First Street Plaza & Sculpture Park - 2005

                   Construction Values:
                       $58,000,000

                   Property Tax Revenues:
                       $874,918

                   Sales Tax Revenues:
                        $75,000
By 2008 – The Tangibles
•City adding population
•More tourism & festivals
•Ongoing downtown development
This decision was about more than just a site. I
always said it would be based on something
intangible… something in our gut, or maybe
better, something in our hearts.

As we stand here today and look out across
those spectacular mountains and river and
enjoy the warm welcome of the people of
Tennessee, the intangibles are suddenly very
tangible.
        Stefan Jacoby, CEO VW America, 2008

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Parks As Economic Engines

  • 1. Parks As Economic Engines… Destination Bayfront Corpus Christi, TX May 14, 2013 Ken Hays Kinsey Probasco Hays Chattanooga, TN
  • 2. Corpus Christi Chattanooga
  • 3. 1950 - The Dynamo of Dixie •Rail, air, river and highway hub •Manufacturing Center Iron and Steel Glass Chemicals Yarn/Carpet Pharmaceuticals •Plentiful workers •Cheap energy, low cost of living •Growing suburbs
  • 4. Chattanooga is the dirtiest place in America……thanks to having the worst Air quality in the nation….. Walter Cronkite 1969
  • 5. Between 1969 and 2000……Cleaned up air and water
  • 7. Built Aquarium, Tn Riverwalk & Walking Bridge
  • 8. Opened downtown cinema, restaurants, baseball park
  • 9. Coolidge Park - a case study - 1997 •First regional urban park •Showed high quality parks attract businesses •Gave a reason to cross the river
  • 10. What we had learned…. •Working together works •Take advantage of existing assets •Form public private partnerships •Treat everyone as a stakeholder •Do everything of highest quality •Nothing stands alone – design of the whole matters
  • 12. But by 2000…. •Still hadn’t engaged downtown river’s edge •Had challenged downtown attractions •Needed to attract more investment
  • 14. 21st Century Waterfront Plan 2002-2005 •Unique fundraising partnership - $120 million and 126 acres •Expansion of three major downtown attractions •Public Amenities •Over 30 acres of new parks & plazas •Over 2,000 feet of boat docking •Improved street connections, pedestrian bridge •$1.2 million in public art •600 ft pier into Tennessee River •Parking, playgrounds & performance venues •Water features, reconstructed wetlands
  • 18. Renaissance Park - 2005 Construction Values: $61,000,000 Property Tax Revenues: $1,141,846 Sales Tax Revenues: $530,000
  • 20. Chattanooga Green-Ross’s Landing - 2005 Construction Values: $12,000,000 Property Tax Revenues: $200,000 Sales Tax Revenues: $300,000
  • 21. First Street Plaza & Sculpture Park - 2005
  • 22. First Street Plaza & Sculpture Park - 2005
  • 23. First Street Plaza & Sculpture Park - 2005 Construction Values: $58,000,000 Property Tax Revenues: $874,918 Sales Tax Revenues: $75,000
  • 24. By 2008 – The Tangibles •City adding population •More tourism & festivals •Ongoing downtown development
  • 25. This decision was about more than just a site. I always said it would be based on something intangible… something in our gut, or maybe better, something in our hearts. As we stand here today and look out across those spectacular mountains and river and enjoy the warm welcome of the people of Tennessee, the intangibles are suddenly very tangible. Stefan Jacoby, CEO VW America, 2008