1Site work for Project Stallion; five pad sites on Town East Blvd. @ IH-635

CITY OF MESQUITEECONOMIC DEVELOPMENTQUARTERLY REPORT

2nd Quarter 2019 stats: April, May, JuneActivities and announcements to date

Presented October 7, 2019Kim Buttram,

Assistant Director of Economic Development

Media Highlights

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• Bear Cave Coffee, Sean and Hillary Belknap, received big coverage for Mesquite in Daily Coffee News, a national publication for coffee professionals

• New restaurant on Gus Thomasson Rd. in Mesquite receives amazing reviews in Dallas Observer

• Downtown/Front Street Station covered in the Dallas Morning News

June - E-Series-Planning for Success 20 attendees

July - E-Series-Money, Where it is and How to Get it

21 attendees

August - E-Series-Marketing and Sales Strategies

17 attendees

Future Events Location

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Business Retention and

Expansion Program

Results

May - Realtors Forum Guest speaker to approximately 100

real estate professionals

May - The Dish Restaurant and

Hospitality event with CVB, Texas

Restaurant Association and Trip Advisor

63 attendees

Trade Shows Contacts

January – ICSC International Council of Shopping Centers 50

January - NTCAR North Texas Commercial Association of

Realtors

25

January – Biznow The Rise of Downtown Dallas 10

May – ICSC RECon real estate convention 30

May – IAMC Industrial Asset Management Council 40

June – Biznow Dallas State of the Market 12

Meetings, Tours, Projects April - June

Combined Project Meetings 184

Requests for Proposals and Requests for Information

Submitted 10

Site and Property Tours 10

Telephone contacts 1,461

New Projects in Discussion 25

Chapter 380 documents in progress 2

Chapter 380 documents executed 1

May - Strengthen your WorkforceCorporate event held at Elements International

40 attendees

October 15 - E-Series-Budgeting for Goals

City Hall Training Rooms A & B

September – NTCAR Annual Expo - Dallas 50

October 8 – The Dish Restaurant and Hospitality event with CVB, BRE and Bill J. Priest Business Institute consultant

Hosted by Red Lobster

October 3-4 – Manufacturing DayDay one: Mini-conference for manufacturers and two company toursDay two: Three company tours

Eastfield College – mini-conferenceTours: MISD students to tour Mesquite and Sunnyvale manufacturing companies

November 12 – Entrepreneurs Day Mesquite Arts Center

Action at a Glance

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142,950 143,060

143,350

145,030

2016 2017 2018 2019

MESQUITE POPULATION TRENDS

$52,395 $54,440 $55,890

$59,149

2016 2017 2018 2019

MEDIAN INCOME MEDIAN AGE: 32

$114,033

$268,363

$118,300

$255,191

2016 2017 2018 2019

NEW HOME PERMIT VALUES 2Q

$1,026,300

$6,977,440

$473,200

$5,103,825

2016 2017 2018 2019

TOTAL RESIDENTIAL PERMIT VALUATION 2Q

White26%

Black25%

Hispanic39%

Other10%

POPULATION DISTRIBUTION 2019

White Black Hispanic Other

$1,561,300

$10,450,973

$1,007,300

$15,278,415

2016 2017 2018 2019

TOTAL RESIDENTIAL PERMIT VALUATION YTD

13

37

9

54

2016 2017 2018 2019

RESIDENTIAL PERMITS YTD

9

26

4

20

2016 2017 2018 2019

RESIDENTIAL PERMITS 2Q

City of Mesquite Economic Data

5

4573

104

64

2016 2017 2018 2019

COMMERCIAL REMODEL PERMITS 2Q

$6,810,493

$20,866,589 $18,319,181

$26,884,345

2016 2017 2018 2019

COMMERCIAL REMODEL PERMIT VALUATION 2Q

6 6

4

6

2016 2017 2018 2019

COMMERCIAL NEWCONSTRUCTION PERMITS

2Q

$36,175,000

$35,108,697

$9,712,225

$61,075,500

2016 2017 2018 2019

COMMERCIAL NEW PERMIT VALUATION 2Q

85109

193

158

2016 2017 2018 2019

COMMERCIAL REMODEL PERMITS YTD

10

1211

9

2016 2017 2018 2019

COMMERCIAL NEWCONSTRUCTION PERMITS

YTD

$12,704,894

$24,696,920

$51,097,313 $50,622,454

2016 2017 2018 2019

COMMERCIAL REMODEL PERMIT VALUATION YTD

$39,990,000 $38,550,000

$37,652,099

$71,325,500

2016 2017 2018 2019

COMMERCIAL NEW PERMIT VALUATION YTD

City of Mesquite Economic Data

6

104

75 54 68

2016 2017 2018 2019

CERTIFICATES OF OCCUPANCY ISSUED 2Q

460,000

197,000

21,500

323,919

2016 2017 2018 2019

ESTIMATED SQUARE FOOTAGE 2Q

$7,922,566

$7,962,452 $8,147,200

$8,378,110

2016 2017 2018 2019

LOCAL SALES TAX COLLECTED 2Q

750

180

45

162

2016 2017 2018 2019

ESTIMATED NEW JOBS 2Q

$16,331,489

$16,419,856

$16,621,609

$16,889,146

2016 2017 2018 2019

LOCAL SALES TAX COLLECTED YTD

475,000

234,000

672,604

626,780

2016 2017 2018 2019

ESTIMATED SQUARE FOOTAGE YTD

885

214115

210

2016 2017 2018 2019

ESTIMATED NEW JOBS YTD

203

178131

129

2016 2017 2018 2019

CERTIFICATES OF OCCUPANCY ISSUED YTD

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Small Business E-SeriesEntrepreneurship to the Fourth PowerFour sessions: Planning, Funding, Marketing and BudgetingJune-July-August-October 2019Celebrating completion at November 12, 2019 Entrepreneurs Day mini-conference

PartnersSmall Business Development Center (SBDC) and Small Business Administration (SBA) along with entire Business Retention and Expansion (BRE) team

AudienceNew and existing business ownersand dreamers

Attendance17 to 21 per session for a total of 43 individual attendees from across the eastern DFW metroplex

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Promote investment in new and existing businesses

E-Series takes place at City Hall Sergio Bento, SBDC presenter

E-Series session in City Hall Training RoomsE-Series participants

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Remodels/RenovationDowntown

Market East Shopping Center – Academy Sports Independence Plaza – Sprouts Farmers Market

Town East Crossing Shopping Center – Sanitas USA

ExpansionsAshley Furniture +414,000 SFG-Man Properties +33,000 SF

GPS Inventory Solutions +50,000 SF

Attraction33,000 SF leased (TBA) G-Man

120,000 +/- pre-leased (TBA) in Prologis

Repurpose/ReuseParking lot outparcel @ US Hwy. 80 transitioned

to Starbucks and Chipotle

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Promote investment in new and existing businesses, cont.and revitalization of targeted retail and business centers

Downtown back “Front St.” door

Sprouts (Independence Plaza) Mesquite locationAshley Furniture expansion

Prologis spec building at US Hwy. 80

Academy Sports (Market East Shopping Center)

Starbucks and Chipotle @ US Hwy. 80

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Long term economic and land use plan for Town East area

Catalyst DevelopmentSouthwest corner of IH-635 @

Town East Blvd. - five pad sites include Raising Cane’s

RepurposeGander Mountain becomes Urban Air,

experiential retail opening October

Land useRedevelop/develop targeted areas,

Market East expansion in process

Town East Mall96.7% leased (97% last quarter)

Payless Shoes to become Shoe ShowRecent vacancies in lease negotiations

Academy Sports and Outdoors anchors new 125,000 square feet

New expansions

Experiential retail back-fills traditional retail

Site plan of new development on Town East Blvd.

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Robust pool of skilled workers and stakeholder partnerships

ToursMay – Elements International Group by area companies, leaders and BRE team110 employeesHeadquarters; locations globally

June – H&K International by City and Eastfield College200 employees10% of employees 30+ yearsBased in Dublin, Ireland

July – PepsiCo by City staff and leadership50th Anniversary 2019650 employeesLargest North American bottling plant

Coming SoonOctober 3 - 4, ManufacturingDay planning includes five tours for Mesquite ISD students: PepsiCo, Orora Visual,Vince Hagan Co. and two TBA

Leaders tour Elements International Group PepsiCo celebrates 50 years in Mesquite 2019

H&K International 30-year employees MISD students to tour local manufacturing companies

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Baker Brothers video

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Emphasis on Downtown Revitalization

Groundbreaking August 8, 2019Celebrated beginning of Front Street Station construction

Business DevelopmentEight prospects evaluating real estate optionsConnected six prospects with SBDC counseling

RenovationPackaged and promoted Façade Grant Program with six properties in various stages of design/application

PromotionHosted six North Texas travel bloggers with CVB fam tour Expanded holiday season plansFacebook likes hit 1,000 in less than one year

Coming SoonInteractive public art projects

HOW CAN WE SERVE YOU BETTER?“Highlighting events where we can network our business.”

“Hiring qualified workers is our biggest challenge. Is there a way to provide HR data for Mesquite employers?”

“Just please keep putting the information out.”

WHAT ARE YOUR FAVORITE ATTRIBUTES ABOUT MESQUITE?“Feels like a community.”

“Location.” “Growing City.”“The equal opportunity of the City.”

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Business Communications

BRE SurveySent May 1, 2019

157 contacts - 47 respondents30% response rate

Rated BRE partner services = fair to goodRated city-wide business factors = good

Rated city services = good to excellent-Primary need is employee recruitment

-Identified expansion opportunities

New WebsiteAnnouncement

Sent May 15, 2019607 contacts

37.7% open rate34.2% click through rate

BRE NewsletterSent July 22, 2019664 contacts30.6% open rate19.5% click through rate

Website announcement graphic

Sample images of new BRE newsletter

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Expanded Marketing Reach

Local, regional and global coverage-Dallas/Fort Worth Real Estate Review-NTX North Texas Commission-American Way in-flight magazine

Article appeared in DFW Real Estate Review

Staff working North Texas Commercial Association of Realtors (NTCAR) show

Questions?

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