BEDFORD FACTS: Bedford Development Department: Planning and Zoning Economic Development Tourism...
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Transcript of BEDFORD FACTS: Bedford Development Department: Planning and Zoning Economic Development Tourism...
BEDFORD FACTS:Bedford Development Department:
• Planning and Zoning• Economic Development• Tourism• Permits and Inspections• Code Enforcement
Bedford Facts:• 10 Square Miles• 49,500 Population• 13,000 Homes• Average HH Income $75,300• Average Home Value $159,203• 1,200 Businesses• Over 100 Eating
Establishments• Over 100 Medical Related
Facilities• 9 Hotels (1,000 rooms)• Multiple Headquarter Facilities• 8 Parks Totaling 140 Acres
Residential2010 Total New Single Family permits: 24 Up 85%
CommercialTotal Commercial Permits: 190 Up 15%Commercial CO’s issued 2010: 143 Up 6%
Commercial Real Estate Data
City of Bedford Year in Review
Feb-11
BEDFORDNUMBER OF BLDGS. TOTAL BLDG SF AVAILABLE SF % AVAILABLE AVERAGE ASKING RATE
RETAIL 66 1,964,595 336,810 15.00% $10.95OFFICE 95 2,197,540 483,458 19.00% $15.07
Source: North Texas Commercial Data Exchange
Sales TaxUp .85% for Fiscal Year 2009-2010 compared to previous year
Significant Development Activity
Bell Helicopter – CGI – Bravo Health Inc.
Reliant Rehabilitation Hospital
Reliant Rehabilitation HospitalNew Construction 60,000sf 60 Bed Rehabilitation Hospital100 Employees
Bell Helicopter40,000 Square Feet150 – 275 Employees
CGI Technology20,000 Square Feet75 Employees
Bravo Health Inc.23,000 Square Feet100 Employees
Bedford Library40,000 square feetRedevelopment of former Food LionRenewable Energy Features
Library
Significant Development Activity
Holiday Inn
Meena Medical Supply
Polycoat Products
Meena Medical Supply12,000 square foot New Construction
Texas Health ResourcesHarris Methodist HEBComplete Remodel of Chapel, and Lobby and Oncology Wing
Holiday InnMulti-Million Dollar Remodel243 Room Full Service Hotel
Polycoat ProductsFinal Installation of Equipment$1,000,000 Permit Value
Texas Health Resources
• Buxton Study• Highway 183 Corridor Study• Revised Parks Master Plan• Revised Comprehensive Land Use Plan• State of the Art Library• Shop Bedford First• Cultural District Designation• Alternative Energy Initiatives• New City Logo and Re-branding Campaign• Traffic Signalization ($2.2 Million Grant)• Street Improvements (Microseal/Crack
Seal)• Water Line Rehabilitation• Festivals (4th Fest, and Bedford Blues &
BBQ)
BEDFORD: FOSTERING ECONOMIC DEVELOPMENT
City Council Initiatives