Development Update 2018 Berthoud Development Highlights The TPC - - PowerPoint PPT Presentation

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Development Update 2018 Berthoud Development Highlights The TPC - - PowerPoint PPT Presentation

Sep 26, 2022 248 likes •455 views

Berthoud Business February 2019 Development Update 2018 Berthoud Development Highlights The TPC Golf Course Created a Recreation development the first Attracted 4 new businesses Center and Parks to Berthouds Old Town Hall ground-up

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SLIDE 1

Berthoud

Business Development

Update

February 2019

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SLIDE 2

2018 Berthoud Development Highlights

Attracted 4 new businesses to Berthoud’s Old Town Hall The TPC Golf Course development – the first ground-up golf course in nearly 10 years More than

7,000

daily pool admissions and

650

swim lessons Processed more than 240 cases in municipal court Created a Recreation Center and Parks Master Plan

1,755

participate in adult team sports and youth activities Processed 1,300 passports Electronically indexed 10,500 files

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SLIDE 3

Water plant capacity was doubled,

2 to 4 MGD

Bridge over CR 44 was replaced

2018 Berthoud Development Highlights

13 new businesses open

creating 60 new jobs Love’s

  • pens for

business O’Reilly’s begins construction Wilson Ranch Site is certified for development Mountain Avenue Corridor Plan initiated Ziggi’s commits to Berthoud Processed

518

residential building permits and

1,124

total permits

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SLIDE 4

2018 Berthoud Development Highlights

Over

$3 million

in construction activity

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SLIDE 5

2018 Berthoud Development Highlights

Population

8,889

(2017 census)

74%

Growth

2010-2017 Population within 20 miles:

553,679

Median Home Price:

$394K 9%

increase in home value since last year Median household income:

$64K

Education

87%

High school diplomas

29%

College Degrees

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SLIDE 6

New Businesses in 2018

✓ Agile RF Systems expanded ✓ FlowPro LLC expanded from Louisville ✓ Hale & Bradford start up ✓ HealingtheBeing start up ✓ Hometown Liquor annexed ✓ Howie’s Bread Depot start up ✓ Jason Innes Photography start up ✓ Mountain Ridge Dentistry start up ✓ NoCO FCU expansion ✓ One Point Six North start up ✓ O’Reilly Auto Parts expanded ✓ Sunrise Cinema start up ✓ United Waste Systems from Longmont

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SLIDE 7

40 Inquiries for Site / Building Information

  • 17 leads/prospects
  • 12 preliminary
  • 5 active

3 Significant prospect visits

  • Retail

12 Presentations

Business Development Activity 2018

We moved our business to the town of Berthoud over 25 years ago, and it has proved to be one of our best

  • decisions. Berthoud has been a great location for our

business to grow and attract the technical employees we require. Jeff Scano, President. Flow Systems

Chipotle

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Berthoud by the numbers

322,514 343,976 304,633

2017 Census

Berthoud 2010 2016 2017 2018 Population 5,105 6,368 8,889 10,000 +/- Per Capita Incomes $28,111 $29,778 $36,077 Median HH Incomes $70,292 $66,281 $67,427 % in the Laborforce 78 69 70 Building Permits 11 264 435 518 Sales Tax Revenue $969,331 $2,571,479 $4,070,842 $4,300,985

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SLIDE 9

Berthoud by the numbers

Berthoud Larimer County Weld County Boulder County Colorado

Median Age 44 36 34 36 36 Med H.H. Income $67,427 $64,980 $66,489 $75,669 $65,458 Per Capita Income $36,077 $34,087 $29,226 $42,119 $34,845 Below Poverty 7% 11% 9% 13% 10% High School Graduates 97% 96% 88% 95% 91% Bachelors Degree 29% 46% 27% 60% 39% H.S. Graduation Rate 87% 81% 91% 89% 81%

Census 2017 & CO Dept of Edu.

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Berthoud's growth tops region

Berthoud's population surged more than 74 percent since the 2010 Census, with one-year growth of almost 19 percent. Population estimates are as of July 1, 2016, and July 1, 2017.

Municipality April 1, 2010 Growth Since Census 2016 estimate 2017 estimate 1-year growth 2010 Census

Berthoud 5,105 7,489 8,889 18.69% 74.12% Johnstown 9,887 14,885 15,478 3.98% 56.55% Wellington 6,289 8,422 9,527 13.12% 51.49% Frederick 8,679 12,025 12,687 5.51% 46.18% Firestone 10,147 12,884 13,825 7.30% 36.25% Windsor 18,644 24,311 25,330 4.19% 35.86% Lochbuie 4,726 5,814 6,353 9.27% 34.43% Mead 3,405 4,511 4,575 1.42% 34.36% Erie 18,135 23,031 24,234 5.22% 33.63% Dacono 4,152 5,238 5,545 5.86% 33.55% Milliken 5,610 6,583 7,014 6.55% 25.03% Broomfield 55,889 66,509 68,341 2.75% 22.28% Brighton 33,352 39,184 40,562 3.52% 21.62% Eaton 4,365 5,048 5,224 3.49% 19.68% Lafayette 24,453 28,015 28,328 1.12% 15.85% Louisville 18,376 20,719 21,128 1.97% 14.98% Loveland 66,859 76,080 76,701 0.82% 14.72% Fort Collins 143,986 162,308 165,080 1.71% 14.65% Greeley 92,889 103,369 105,448 2.01% 13.52% Fort Lupton 7,377 7,865 8,163 3.79% 10.65% Evans 18,537 20,129 20,470 1.69% 10.43% Boulder 97,385 107,844 107,125

  • 0.67%

10.00% Longmont 86,270 92,917 94,341 1.53% 9.36% Estes Park 5,858 6,349 6,339

  • 0.16%

8.21% Superior 12,483 13,059 12,951

  • 0.83%

3.75% Source: U.S. Census Bureau BizWest, May 2018 …….Berthoud’s location between two great engineering universities, easy access to the airport and lower cost than most of the surrounding communities have contributed to Rapid Production Tooling’s success over the years. Clark Anderson President Rapid Production Tooling

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Berthoud's growth tops region

Berthoud's population surged more than 74 percent since the 2010 Census, with one-year growth of almost 19 percent. Population estimates are as of July 1, 2016, and July 1, 2017.

Municipality April 1, 2010 Growth Since Census 2016 estimate 2017 estimate 1-year growth 2010 Census Fort Collins 143,986 162,308 165,080 1.71% 14.65% Boulder 97,385 107,844 107,125

  • 0.67%

10.00% Greeley 92,889 103,369 105,448 2.01% 13.52% Longmont 86,270 92,917 94,341 1.53% 9.36% Loveland 66,859 76,080 76,701 0.82% 14.72% Broomfield 55,889 66,509 68,341 2.75% 22.28% Brighton 33,352 39,184 40,562 3.52% 21.62% Lafayette 24,453 28,015 28,328 1.12% 15.85% Windsor 18,644 24,311 25,330 4.19% 35.86% Erie 18,135 23,031 24,234 5.22% 33.63% Louisville 18,376 20,719 21,128 1.97% 14.98% Evans 18,537 20,129 20,470 1.69% 10.43% Johnstown 9,887 14,885 15,478 3.98% 56.55% Firestone 10,147 12,884 13,825 7.30% 36.25% Superior 12,483 13,059 12,951

  • 0.83%

3.75% Frederick 8,679 12,025 12,687 5.51% 46.18% Wellington 6,289 8,422 9,527 13.12% 51.49% Berthoud 5,105 7,489 8,889 18.69% 74.12% Fort Lupton 7,377 7,865 8,163 3.79% 10.65% Milliken 5,610 6,583 7,014 6.55% 25.03% Lochbuie 4,726 5,814 6,353 9.27% 34.43% Estes Park 5,858 6,349 6,339

  • 0.16%

8.21% Dacono 4,152 5,238 5,545 5.86% 33.55% Eaton 4,365 5,048 5,224 3.49% 19.68% Mead 3,405 4,511 4,575 1.42% 34.36% Source: U.S. Census Bureau BizWest, May 2018

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Berthoud’s Largest Employers

Company Employment Range

Thompson School District 150 - 200 Berthoud Composite Systems 100 - 149 Northern Water 100 - 149 Berthoud Living Center 75 - 99 Associated Thermoforming Inc. 75 - 99 Aslan Construction 50 - 74 Phillips Plumbing 50 - 74 Hays Market 50 - 74 Aspen Leaf Kitchens 25 – 49 Berthoud Fire Protection Dist. 25 - 49 Energy Logic 25 – 49 Flow Systems 25 – 49 Rapid Production Tooling Inc 25 – 49 Green Tree Medicinal 25 – 49 Rocky Mountain Plumbing/Hydro Heat 25 – 49 Summit Solutions Of Co LLC 25 – 49 Town of Berthoud 25 - 49

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Berthoud Residential Activity

Projects Approved

Creekside 63 mf units

Hammond 244 sf units

Heritage Ridge 366 sf units

Heron Lakes 526 sf + mf units

Prairie Star 180 sf + mf units

Rose Farm 203 sf + mf units

The Farmstead 220 sf units

Vantage 466 sf units

Gateway 30 sf + mf units

TOTAL Approved 2,298 units TOTAL Planned 4,421 units

➢ Median Home Value $438,000 ➢ Median Listing Price $415,000 ➢ Home Values Increased 9% over the last year

Permits 2015: 111 2016: 264 2017: 435 2018: 518 2019: 11

January 2019

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Berthoud’s New Neighborhoods

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TPC Colorado at Heron Lakes

Open for play: Daily Clubhouse Open: October 2018 First tournament: Web.com, July 2019 # of lots: 526 currently approved

www.tpc.com/colorado

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Development Opportunities

Site 20 Site 14 Site 10 Site 6 Site 4 Site 19

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Development Opportunities – I-25

Over 1,800 acres of available land

1. M & C Real Estate – 105 acres (13)

  • Love’s Travel Stop
  • 17 acres on a 105 acre site

2. Wilson Ranch – 1,600 acres (7) 3. Berthoud Tech Center – 160 acres (5)

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Development Opportunities

 Four new Berthoud businesses and

Berthoud Robotics

Old Town Hall

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Berthoud is Planning for a Bright Future

  • Parks & Open Space Plan
  • Updated Transportation Plan
  • Updated Comp Plan
  • Water System Master Plan
  • Berthoud Reservoir Master Plan
  • Revised Water Policy
  • Infrastructure Upgrades
  • Permitting process review
  • Enterprise Zone Boundary
  • Ample development opportunities
  • Mountain Avenue Corridor Plan

Comprehensive Plan Water System Plan Berthoud Reservoir Plan

WasteWater Plant 2 MGD capacity Water Plant 4 MGD capacity WasteWater Regional Plant 99,000 Gallons/day

Main Street Corridor Plan Recreation & Parks Plan Transportation Plan Trails Master Plan

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SLIDE 20

Walt Elish Town of Berthoud Business Development Department welish@Berthoud.org 970-532-2643