2018 Economic Outlook...

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Economic Development Director Natalie Ruiz

2018 Economic Outlook Conference

Population

0

20000

40000

60000

80000

100000

120000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Population

No. 15, Fastest Growing U.S. Metros U.S. CENSUS

2018 Economic Outlook Conference College Station

College Station

$94M Aspire College Station

2018 Economic Outlook Conference

$48M Sterling Northgate

2018 Economic Outlook Conference College Station

No. 6, America’s Best College Towns Livability

2018 Economic Outlook Conference College Station

49.75¢ = Property tax rate

$440 M Construction value =

2017 Snapshot

600 = Single-family permits

2018 Economic Outlook Conference College Station

College Station, Texas Single-Family Permits

0

100

200

300

400

500

600

700

800

900

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

620

536 464 466

555 575

753

863

662 600

Single-Family Permits

College Station, Texas Construction Valuation

$-

$100

$200

$300

$400

$500

$600

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

$319

$147

$255 $248 $217 $213

$279 $285

$533

$440

Valuation in Millions

$38M Embassy Suites

2018 Economic Outlook Conference College Station

• Brick & mortar physical locations • Growth of value retailers • Emergence of experiential retail

2018 Economic Outlook Conference

2017 Key Retail Trends

College Station

• Desire for physical locations • Smaller footprints • New store formats

2018 Economic Outlook Conference

Brick & Mortar

College Station

• Repurposing existing store • Fulfillment Centers • Partnerships

2018 Economic Outlook Conference

Brick & Mortar

College Station

2018 Economic Outlook Conference

“70 percent of consumers say technology has made it easier than ever to take their business elsewhere.” (Salesforce)

College Station

• Dollar General 1,285 • Dollar Tree 650 • Aldi 400 • TJ Maxx 111

2018 Economic Outlook Conference

2017 Growth of Value Retailers

College Station

What

• Destination Retail • About the experience

2018 Economic Outlook Conference

Experiential Retail

College Station

Soundcloud.com/collegestation

2018 Economic Outlook Conference

Jones Crossing

College Station

2018 Economic Outlook Conference

Century Square

College Station

2018 Economic Outlook Conference

Northgate

College Station

2018 Economic Outlook Conference

Chimney Hill

College Station

2018 Economic Outlook Conference

University Town Center

College Station

Mercedes & BMW dealership

2018 Economic Outlook Conference

State Highway 6

College Station

Methodist Retirement Facility

2018 Economic Outlook Conference

State Highway 6

Casa do Brazil

Angry Elephant

College Station

Spring Creek Business Park

2018 Economic Outlook Conference College Station

College Station, Texas No. 1, Best Performing Small Texas Cities MILKEN INSTITUTE

2018 Economic Outlook Conference College Station

College Station City Manager Kelly Templin

2018 Economic Outlook Conference

Economic Development Director Natalie Ruiz

Providence Park

2018 Economic Outlook Conference College Station

2018 Economic Outlook Conference

Sales Tax Revenue

2005-18

College Station