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HomeMy WebLinkAboutLocal Economy Powerpoint, 2006 LOCAL ECONOMY CITY OF ORGANIZATION City of Bryan•Industrial and R&D–Bryan/C.S. Economic Development Corp•Redevelopment-Special districts and commercial development-Tourism-Retail-C.S. Business Development Corporation•City Staff works with: STRATEGIC AND ECONOMIC Encourage master planned retail developments••Develop community focal points•Develop/manage business parks•:Areas of Concentration4B Corp adopted Economic Development Plan•adopted Strategic Plan-Council•:Economic Development efforts guided by DEVELOPMENT PLANS BUSINESS PARKS business parkDevelop phase I of the new BUSINESS PARKS Directed, coordinated development•quality employers desiredProvide quality sites to attract the type of •increased employment opportunitiesRetention of TAMU graduates through •Diversification of the economy•Creation of quality employment opport.•Goals: BUSINESS PARKS BUSINESS PARKS 693,000 s.f.•investment$60 million in capital •gross payroll$46 million in annual •$31,864 avg salary•1,467 fte employees•Results since 1997Remaining tracts•SourceNet•HTRI•STATA Corp.•Prodigene•CableRep•UCS•Existing Park Tenants BUSINESS PARKS Access to Highway 6 & Greens Prairie Rd.•of greenways376 acre development including 110 acres •Class “A” Business Park•Purchased Property in August 2000•:New Business Park HIGHLIGHTS OF amenitiesgreenways as Water features and •Extensive utilities•user if neededAccommodates large •basis”allowing construction Phased approach •forest preserves-“Woodlands” look •MASTER PLAN FOCAL POINTSplace and identitypoints to help define a sense of development of several focal Identify and promote the FOCAL POINTS landscaping, stageart, -2nd Street Plaza •Traditions Dormitory••Cross St. Warehouses•Projects(Back Porch)Live from Northgate •Duplex propertyFormer Brazos •Trolley linkage•and ordinanceRedevelopment Plan •Initiatives NORTHGATE- College Main Parking Garage Tradition Dormitory FOCAL POINTS Brazos Valley Arts Council office–Corporate office building–Entertainment/recreation facility–Current Projects:•Former Wolfe Nursery–owned tract-4 acre city–Property at corner of Harvey/Texas–Leverage key properties:•WOLF PEN CREEK- FOCAL POINTS Infrastructure to serve entire area–Proposed performing arts center–250,000+ s.f. corporate office–300+ room hotel; $38 mil private investment–60,000 s.f. conf. center; $18 mil investment–55 acre mixed use development:HOTEL/CONFERENCE CTR- CONFERENCE CENTER HOTEL/CORP OFFICE/CONFCONCEPT LAYOUT REDEVELOPMENT commercial propertiesutilized -least two underPromote the redevelopment of at REDEVELOPMENT Redevelopment zoning category•InitiativesF.M. 2818 & Texas-Mart -Former K•College Ave.-Former Albertson’s •currently assisting-Redmond Terrace •Projects NEW CHALLENGES partnershipspublic/private Developing •rental ratescompared to market High land costs •Slowing Economy•Retail–Industrial–buildings and sitesAvailability of • QUESTIONSstation.tx.us-econdev.ci.collegeWeb site: