Community and Economic Development Department 2016 Strategic Plan - PowerPoint PPT Presentation

Community and Economic Development Department – 2016 Strategic Plan Update

Phoenix Economic Development 2016 Strategic Focus  13 Employment Corridors  New Office and Industrial Speculative Development  Community Development  Redevelopment focus  New Urban Tech  Vibrant 24/7 Central City  Higher Education Growth  Entrepreneurship  Retail  Redevelopment of Existing Properties  Re-Tenant Vacant Space

Market Trends Unemployment Average Wage (new jobs to market) Office Vacancy Industrial Vacancy New Development

Employme Job C Creatio ment ion C Corrid – Ne New ridors Loc Locates rs

Employme ment C Corrid ridors rs Business Outreach 658 business outreach visits

Increased Expansions

Vi Vibr brant, Su Sustainable Urba Urban Cor Core

Vi Vibr brant, Su Sustainable Urba Urban Cor Core – Down Downtown Residential Update Photo 2,045 Units Under Construction 5,000 in the 2,102 in Pre-Development next 3 years 900 Planned

Phoenix’s Competitive Advantage

Phoenix’s Competitive Advantage Cross Departmental Collaboration: Public Works Parks and Recreation Planning and Development Street Transportation Environmental Services Water Services

Cultivate Entrepreneurship

Community Revitalization

Communi nity and Econo nomic Develo lopment nt 2016 658 23,731 $1.01 15,027 Business Job Billion New Jobs Outreach Seekers Capital Created Investment Visits Assisted What’s next for 2017?

PHOENIX IS HOT