|
Downtown Office Market
|
|
Current Employee Population
|
22,538
|
|
Total Office Space
|
6,041,457 sq. ft.
|
|
Occupancy Rates
|
91.2% / 8.8% vacancy rate
|
|
Lease Rates
|
$8.00 - $19.21 / Average: $13.41
|
|
Total Wages
|
$191,364,314
|
|
Source: 2004 Metropolitan Planning Commission (Knox County)
|
Downtown Residential Market
|
|
The core of Downtown Knoxville is home to 1,800 residents and the current residential base, which exceeds 1,200 units, is growing each day.
|
Downtown Retail Market
|
|
|
|
Minutes out
|
|
|
|
2003
|
CBID
|
10
|
20
|
30
|
50
|
|
Population
|
1,700
|
163,809
|
371,007
|
576,577
|
785,023
|
|
Households
|
1,219
|
72,367
|
157,061
|
238,822
|
322,750
|
|
Avg. HHI
|
$24,965
|
$40,798
|
$49,995
|
$50,959
|
$48,795
|
|
Avg. Age
|
35.4
|
34.4
|
35.8
|
36.6
|
36.9
|
|
Retail
Establishments
|
120
|
|
|
|
|
|
|
|
|
|
|
|
|
|
City
|
County
|
MSA
|
|
|
|
Population
|
173,278
|
404,972
|
712,366
|
|
|
|
Households
|
76,650
|
157,872
|
281,472
|
|
|
|
Avg. HHI
|
$37,708
|
$49,182
|
$45,697
|
|
|
|
Avg. Age
|
33.4
|
36.0
|
38.2
|
|
|
|
Retail
Establishments
|
4,532
|
4,883
|
8,618
|
|
|
|
Total Retail Sales
|
|
$6,568 mm
|
$10,727 mm
|
|
|
|
Source: Demographics Now!, East Tennessee Development District
|
|
![Downtown Knoxville Central Business District [link]](/images/graphics/cbid_logo.gif){kind=logo}
