2018 Economic Outlook...

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Economic Development Director Natalie Ruiz 2018 Economic Outlook Conference

Transcript of 2018 Economic Outlook...

Page 1: 2018 Economic Outlook Conference96bda424cfcc34d9dd1a-0a7f10f87519dba22d2dbc6233a731e5.r41.cf2.… · Brick & Mortar . College Station . 2018 Economic Outlook Conference “70 percent

Economic Development Director Natalie Ruiz

2018 Economic Outlook Conference

Page 2: 2018 Economic Outlook Conference96bda424cfcc34d9dd1a-0a7f10f87519dba22d2dbc6233a731e5.r41.cf2.… · Brick & Mortar . College Station . 2018 Economic Outlook Conference “70 percent

Population

0

20000

40000

60000

80000

100000

120000

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Population

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

2018 Economic Outlook Conference College Station

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College Station

$94M Aspire College Station

2018 Economic Outlook Conference

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$48M Sterling Northgate

2018 Economic Outlook Conference College Station

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No. 6, America’s Best College Towns Livability

2018 Economic Outlook Conference College Station

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49.75¢ = Property tax rate

$440 M Construction value =

2017 Snapshot

600 = Single-family permits

2018 Economic Outlook Conference College Station

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College Station, Texas Single-Family Permits

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2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

620

536 464 466

555 575

753

863

662 600

Single-Family Permits

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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

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$38M Embassy Suites

2018 Economic Outlook Conference College Station

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

2018 Economic Outlook Conference

2017 Key Retail Trends

College Station

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

2018 Economic Outlook Conference

Brick & Mortar

College Station

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• Repurposing existing store • Fulfillment Centers • Partnerships

2018 Economic Outlook Conference

Brick & Mortar

College Station

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2018 Economic Outlook Conference

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

College Station

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

2018 Economic Outlook Conference

2017 Growth of Value Retailers

College Station

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What

• Destination Retail • About the experience

2018 Economic Outlook Conference

Experiential Retail

College Station

Soundcloud.com/collegestation

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2018 Economic Outlook Conference

Jones Crossing

College Station

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2018 Economic Outlook Conference

Century Square

College Station

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2018 Economic Outlook Conference

Northgate

College Station

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2018 Economic Outlook Conference

Chimney Hill

College Station

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2018 Economic Outlook Conference

University Town Center

College Station

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Mercedes & BMW dealership

2018 Economic Outlook Conference

State Highway 6

College Station

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Methodist Retirement Facility

2018 Economic Outlook Conference

State Highway 6

Casa do Brazil

Angry Elephant

College Station

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Spring Creek Business Park

2018 Economic Outlook Conference College Station

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

2018 Economic Outlook Conference College Station

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College Station City Manager Kelly Templin

2018 Economic Outlook Conference

Economic Development Director Natalie Ruiz

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Providence Park

2018 Economic Outlook Conference College Station

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2018 Economic Outlook Conference

Sales Tax Revenue

2005-18

College Station