A Downtown Reborn Through Preservation Nurturing A Renaissance in Knoxville, Tennessee Knoxville Located along the banks of the Tennessee River Founded in 1791 and first capitol of Tennessee Home to the University of Tennessee, Scripps Networks and the Tennessee Valley Authority Gateway to the Great Smoky Mountains National Park Regional hub for commerce, recreation and the arts in East Tennessee A downtown that faced the same daunting challenges faced by so many others The Good Old Days Downtown: The Place to Be Between 1885 and 1950 downtown flourished as the hub of retail, banking and social life for East Tennessee. It was surrounded by prosperous neighborhoods and attracted residents from across the region. It supported a thriving Market House, numerous theatres, an opera house, department stores, offices, restaurants, private residences, two train stations and a trolley car system. No one saw what was coming – a national shift away from downtowns and toward suburbia that would leave Knoxville’s downtown struggling for more than three decades. Downtown Bellwether: Market Square Market Square 1960 The End of An Era By 1960, development was exploding in the western suburbs and the Market House was being demolished. Downtown retailers tried to reinvent downtown in order to compete with - and mimic - suburban strip malls. West Town Mall opened in 1970 and downtown soon lost the last of its major department stores. Interstate 40 and Urban Renewal blasted through downtown, destroying historic buildings, disconnecting downtown from the surrounding neighborhoods and accelerating the decline. Disinvestment took hold in the urban core and most people turned their backs on downtown. What Do We Do Now? Downtown bottomed out in the 1980s, in spite of the “silver bullet” - 1982 World’s Fair. Demolition of historic buildings was rampant – both through neglect and the wrecking ball. The perception of a lack of parking downtown drove much of the demolition, even though fewer customers were visiting. By 1990, downtown was a ghost town where the sidewalks were rolled up at 5 p.m. when the office workers headed home. City leaders and preservationists faced a seemingly insurmountable challenge if they wanted to save downtown. How We Turned It Around City leaders made it a priority. Preservationists provided solutions and inspired public support. Nine Counties One Vision proved it was a priority for the region. Strategic projects were undertaken by local government and private developers. Incentives were put in place to spur development. Residential development was made a priority. Historic districts and design guidelines were put in place. We began to believe in ourselves again. Putting The Pieces Together Central Business Improvement District City of Knoxville Development Incentives The Miller’s Building The Sterchi Building The Restoration of Market Square The 100 and 500 Blocks of Gay Street The Bijou and Tennessee Theatres Year-Round Event Programming Preservation-Based Development CBID: The Downtown Organization Focused on the Commercial Core of Downtown Façade Grants Critical to Spurring Investment Grant Funding for Year-Round Events Downtown Work Closely with the City on Infrastructure Improvements Key to Marketing Downtown to New Investors and Retailers Now Targeting Grants to Lure Catalytic Development as well as Regional and National Retailers Incentives for Development City Life Program Façade Grants Tax Increment Financing PILOT Program Infrastructure Improvements Special Events Political Will The Miller’s Building The Miller’s Building The 100 Block of Gay Street The 100 Block of Gay Street Market Square Market Square Restoration The Historic Tennessee Theatre The Bijou Theatre The 500 Block of Gay Street The Challenge The 500 Block Task Force was charged with the following: evaluate the condition of the historic buildings; create and evaluate alternative designs that preserve as much of the buildings as possible and meet the needs of the theater operator; work to preserve the viability of the Gay Street National Register District and the financial incentives it can bring to future projects; work with the City of Knoxville to determine the costs of any alternative proposals; and develop funding strategies that meet the needs of the city and its partners. PROPOSED CINEMA DEVELOPMENT The 500 Block of Gay Street Market Square Now Downtown Today Gay Street named “Top 10 Great Street” in America by the American Planning Association And Preservation Was The Key “We have never seen a downtown renaissance occur so quickly and with such a clear connection to the rehabilitation of historic buildings.” John Leith-Tetrault President National Trust Community Investment Corporation Kim Trent [email protected] www.knoxheritage.org
© Copyright 2024