CITY OF MESQUITE ECONOMIC DEVELOPMENT QUARTERLY REPORT 3rd Quarter 2019 stats: July, August, September Activities and announcements to date Presented December 16, 2019 Kim Buttram, New Starbucks with a drive-thru at 223 U.S. Hwy. 80 near Belt Line Rd. Assistant Director of Economic Development 1
Media Highlights • Urban District 30 and Spradley Farms make the Dallas Business Journal, Texas Real Estate Business News, Dallas Morning News and more • Downtown Mesquite wins two statewide awards from the Texas Downtown Association • Local business, Mesquite BBQ, featured in Texas Monthly 2
Media Highlights • Iron Horse Village groundbreaking makes headlines • Bear Cave Coffee makes Dallas Observer social media • Sprouts Farmers Market announced in the media • Two local panaderias make top 10 list in Eater Dallas 3
Action at a Glance Business Retention and Results Expansion Program July - E-Series-Money, Where it is and 21 attendees Trade Shows Contacts How to Get it September – NTCAR Annual Expo - Dallas 50 August - E-Series-Marketing and Sales 17 attendees Strategies Business Development Participants October 3-4 – Manufacturing Day Mini-conference - 25 attendees Business Bootcamp – Schallert Workshop 5 Day one: Mini-conference for Tours - 40 students Recognition Awards manufacturers and two company tours Hosted by Eastfield College Day two: Three company tours Texas Downtown Association awards 2 October 8 – The Dish Restaurant and 40 attendees Hospitality event with CVB, BRE and Bill Hosted by Red Lobster J. Priest Business Institute consultant Meetings, Tours, Projects April - June October 15 - E-Series-Budgeting for 13 attendees Goals November 12 – Entrepreneurs Day 45 attendees + 28 panelists/experts Combined Project Meetings 217 Requests for Proposals and Requests for Information Submitted 15 Site and Property Tours 12 Telephone contacts 1,504 New Projects in Discussion 15 Chapter 380 documents in progress 2 Chapter 380 documents executed 5 4
RESIDENTIAL PERMITS 3Q RESIDENTIAL PERMITS YTD MEDIAN INCOME MESQUITE POPULATION TRENDS MEDIAN AGE: 32 39 60 145,030 56 $59,149 48 $52,395 $54,440 $55,890 143,350 19 143,060 142,950 17 6 4 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 POPULATION DISTRIBUTION New Home Permit Values TOTAL RESIDENTIAL PERMIT TOTAL RESIDENTIAL PERMIT 2019 YTD VALUATION 3Q VALUATION YTD Other $11,204,650 $287,298 White $15,732,273 $16,193,415 $277,963 10% 26% $269,890 $12,211,950 $153,000 $5,281,300 Hispanic Black $2,173,300 $915,000 39% 25% $612,000 White Black Hispanic Other 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 5
City of Mesquite Economic Data COMMERCIAL NEW COMMERCIAL NEW COMMERCIAL REMODEL COMMERCIAL REMODEL CONSTRUCTION PERMITS YTD CONSTRUCTION PERMITS 3Q PERMITS 3Q PERMITS YTD 138 264 8 20 247 241 83 13 13 13 71 4 119 3 34 2 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 COMMERCIAL REMODEL COMMERCIAL NEW PERMIT COMMERCIAL NEW PERMIT COMMERCIAL REMODEL PERMIT VALUATION YTD VALUATION 3Q VALUATION YTD PERMIT VALUATION 3Q $83,820,902 $33,198,448 $91,799,465 $20,473,965 $25,529,412 $61,964,250 $50,226,332 $45,023,310 $43,463,500 $38,852,099 $6,473,310 $10,866,937 $14,757,636 $3,473,500 $2,049,652 $1,200,000 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 6
City of Mesquite Economic Data LOCAL SALES TAX ESTIMATED SQUARE ESTIMATED SQUARE LOCAL SALES TAX COLLECTED YTD FOOTAGE 3Q FOOTAGE YTD COLLECTED 3Q 195,452 759,000 $26,967,100 683,223 $26,708,426 626,780 $8,292,016 526,000 $8,265,591 $8,252,086 $25,154,737 $8,040,437 $24,913,625 51,000 30,000 10,622 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 ESTIMATED NEW JOBS 3Q CERTIFICATES OF CERTIFICATES OF ESTIMATED NEW JOBS YTD OCCUPANCY ISSUED YTD OCCUPANCY ISSUED 3Q 977 325 105 290 283 87 589 70 199 176 45 122 332 95 92 210 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 2016 2017 2018 2019 7
Promote investment in new Ribbon Cuttings • Hancock Whitney Bank and existing businesses • Starbucks • Big Lots remodel • Cheyenne Medical Lodge • Urban Air Adventure Park • American National Bank remodel • Jay Knight Photography • Agape Day Center for Adults • McDonald’s Starbucks ribbon cutting Hancock Whitney bank ribbon cutting 8 8
Promote investment in new Small Business E-Series • Entrepreneurship to the Fourth Power and existing businesses • Four sessions: Planning, Funding, Marketing and Budgeting • June-July-August-October 2019 • 43 total individual attendees Entrepreneurs Day • November 12, 2019 • Mesquite Arts Center • 65 in attendance Audience Entrepreneurs Day (E-Day) participants and volunteers E-Day Marketing roundtable • New and existing business owners and dreamers Sponsors • Small Business Development Center (SBDC) Small Business Administration (SBA) • Business Retention and Expansion (BRE) team: City of Mesquite, Mesquite Chamber of Commerce, Mesquite ISD, Workforce Solutions Greater Dallas and Eastfield College E-Day Managing your business table E-Day City services representatives 9
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Promote investment in new and existing businesses, and revitalization of targeted retail and business centers Remodels/Renovation • Albertson’s - 2828 Motley Dr. Expansions • Tubelite – 5181 Samuell Blvd. • Sanitas - 2021 N. Town East Blvd. Suite 500 Attraction • Future Telecom – 3325 Innovative Way Company expansion, Tubelite, moves into 126,000 square feet of the Prologis building Sanitas expands into Mesquite at Town East Crossing Shopping Center Albertson’s at Motley gets a modernized look 11 11
Promote investment in new and existing businesses, and revitalization of targeted retail and business centers Attraction 1.8 million square feet speculative industrial space • Conor Commercial • Urban District 30 • Prologis • Dalfen Industrial Dalfen Industrial on Kearney and SH 352 Anticipated job creation 1,000 – 1,800 12 Urban District 30 at IH-30 and Republic Pkwy. 12 Conor Commercial at Buckner and IH-30
Long term economic and land use plan for Town East area Repurpose • Urban Air Grand Opening • Sanitas • Canales Furniture expansion Opportunities • Academy – Emporium building • Office Depot – rightsizing Land use • Market East expansion in process • Continued discussion for land use of Town East Mall excess parking areas Town East Mall • 96.7% leased (same as last quarter) • New shops Miss A and Shoe Mega replace Gymboree and Payless Shoes will increase occupancy rate soon • Sales are up over $500 per square Market East site plan shows available space and relocations foot, a 3.6% increase over last year 13
Robust pool of skilled workers Tours and stakeholder partnerships Manufacturing Day: • Mini-conference attendance 25 40 students toured three companies -Morrison Products -Orora Visual -Vince Hagan Company • Elements International hosted Leadership Mesquite BRE Partner progress • Eastfield gained new Skills MISD students touring Morrison Products MISD students touring Vince Hagan Company Development Fund applicant • Workforce gained three new clients • MISD gained two new clients for internship program • Chamber gained new memberships, including PepsiCo • SBDC gained seven new clients with one business plan submitted to our office MISD students touring Orora Visual Leadership Mesquite touring Elements International 14
Robust pool of skilled workers Events and stakeholder partnerships • Hospitality Brunch • Human Resources Professionals Appreciation Luncheon • Manufacturing Day PepsiCo 50 th Anniversary • celebration and proclamation 800+ employees and growing Hospitality industry professionals learn about resources Human Resource professionals hear about Mesquite ISD’s employee retention plan PepsiCo received a Proclamation for 50-years in Mesquite 15
Emphasis on Downtown Revitalization Front Street Construction Underground utility work is in progress and on track Business Development Negotiations are in process with awardee of the Downtown RFQ for development of 117 W. Main St. Corner Theater receives award Renovation Two Façade Grants awarded for a total of $9,866; $19,732 total investment. Six more in various stages Front Street construction underway of design/application Promotion Robust Hometown Holidays season of events: Participants in Downtown art project Christmas on the Square; Carols and Cocoa; Window Wonderland and new Elfie Selfie Stations Business Support 60 th Anniversary celebration, technical assistance, continued business counseling with First Façade Grant recipient, Metzger potential expansions Awards, begins work Celebrating milestones – 60 years 16
Business Communications Sample images of fall BRE newsletter BRE Newsletter Website 3 rd quarter visits 609 Sent November 6, 2019 574 contacts 3,900 page views 33.6% open rate Top pages: Home, How We Help Business, 15.5% click through rate Events, Newsroom and Property Search 17
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