Dave HansenCity Manager

Dave Hansen,

City Manager

2016 in Review and Moving Forward in 2017

CBDA Luncheon

January 27, 2017

Growing

Improving

Pembroke Mall

Expanding

Expanding

The 2016

BEACH HEADLINES

One of Best Large Cities to Start a Business

Virginia Beach is one of America’s

best large cities to start a business.

In Hampton Roads, Virginia Beach

came in first.

VIRGINIA BEACH NEWS AND VIEWS WORLD EXCLUSIVESJANUARY 27, 2017

The

BEACH HEADLINES

WalletHub

11

Growing Businesses and Jobs

95% of all Virginia Beach businesses

have 50 or fewer employees

1 in 3 new businesses in Hampton

Roads start in Virginia Beach

15 Virginia Beach companies are on

Inc. Magazine’s list of the 5,000

fastest growing firms in U.S.

Growing Businesses and Jobs

$1.86 million in local incentive grants leveraged nearly $64 million in new private investment, a ratio of 34 to 1

City spent $17.4 M with minority- and $19.3 M with women-owned businesses

38 projects, $372 million in investments

Growing Businesses and Jobs

3rd

Most Caring City in America

CITY NEWS AND VIEWS WORLD EXCLUSIVESJANUARY 27, 2017

Virginia Beach ranks third on

WalletHub’s annual ranking of

caring places in America.

Only Madison, WI and Lincoln,

NE score higher.

The

BEACH HEADLINES

WalletHub

Housing Resource Center

Hurricane Matthew

Hurricane Matthew

Most Technologically Advanced City of its Size

The Center for Digital Government

named Virginia Beach the most

technologically advanced city of its

size in the U.S.

CITY NEWS AND VIEWS WORLD EXCLUSIVESJANUARY 27, 2017

The

BEACH HEADLINES

12

Telefonica Microsoft and Facebook

Transatlantic Sub-Oceanic Fiber

Virginia Beach Landing: A Data Port

BRUSA

Next Gen

Partner with DHS and National

Cyber Security Alliance

Sponsor events and work to

attract cyber security firms

New and Expanding City Tech

2016 City Apps

VB

Property

VB Events

Social Media

26,000

53,662

56,541

Open

Performance

Portal

Open

Data

Portal

One of America’s Best Boardwalks

USA Today says Virginia

Beach has one of America’s

best boardwalks

VIRGINIA BEACH NEWS AND VIEWS WORLD EXCLUSIVESJANUARY 27, 2017

The

BEACH HEADLINES

Annual Hotel Occupancy Comparisons

59.5

55.3

57.458.4

64.1

52.854.0

57.4

57.5

59.2

52.651.6

53.6

57.6

60.6

55.8

56.0

56.757.4

60.3

44.044.0

44.4

47.0 47.9

2012 2013 2014 2015 2016

VB MB OC Coastal Carolina Williamsburg

Restaurant Revenue YTD Oct

$767 $803

$842 $870

$899 $956

$1,004

2010 2011 2012 2013 2014 2015 2016

In M

illio

ns

Source: Tourism Economic Indicators Report

Boardwalk LED Lighting Improvements: Phase I

Cavalier

One of Best Cities to Live

Top Area for Families

Virginia Beach ranked one of top

25 best places to live in the U.S.,

6th best metro area for families

VIRGINIA BEACH NEWS AND VIEWS WORLD EXCLUSIVESJANUARY 27, 2017

The

BEACH HEADLINES

(Apartment List, 247wallst)

31

210 parks

240 miles of bikeways and trails

38 miles of shoreline beaches

Nearly 250 acres of lakes, rivers, streams

10 libraries with 24/7/365 online services

Soon to have seven recreation centers

New Kempsville Recreation Center

New Parks in 2016

Hillier Fitness Park Pungo Ferry Landing

Schools

All VBCPS high schools on

The Washington Posts’ “Most

Challenging High Schools” list

New Old Donation School

Aquarium’s Banner Year

Revenue and

Sales Records:

Memberships

Admissions

Retail Store

Second highest

attendance ever

Safe Community

Infrastructure Investments:Lynnhaven Parkway

Infrastructure Investments:Lesner Bridge

HRTPO & HRTAC 2016 Decisions

• I64 PenninsulaWidening (3 phases)

• I64/264 improvement projects (phases I and II)

• High-rise Bridge and Bowers Hill

• HRBT expansion

2017Future Headlines

2017: Focus on Economic Growth

1. Continue expansion of

SGA’s and SEGA’s

2. Modernize resort and

incentivize investments

in tourism

3. Leverage financial

stability

4. Grow biomedical and

cyber security

5. Attract and retain

younger generations

2017: Focus on Economic Growth

6. Refine comprehensive

transportation plan

7. Prepare shovel-ready

projects

8. Develop housing strategy

9. Address flood control

projects

10.Supporting local military

The Greatest City in the World

VIRGINIA BEACH NEWS AND VIEWS WORLD EXCLUSIVESJANUARY 27, 2017

The

BEACH HEADLINES