Mike Kazmierski, President and CEO March 8, 2016 Regional Transportation Plan RTC 2040
Updated Economic Development Stool 2 Retention / Expansion Attraction Entrepreneurial / Startup Growth Community Development Workforce Development
Prospect Visits Per Month 2011 Ave 4.2
Jobs Announced – Continued Increase FY 2015 Goal-2, Goal 3,000
Tesla: Wow! The Largest Deal In The U.S. In Changes Our Brand Overnight! More Than Jobs: Puts Us on The Radar For: Manufacturing, Business, Entrepreneurs, Creative Class, Research & Development, Investors..
Pending Announcements IndustryJob CountHQConfidenceRelocation State Manufacturing365XVery LikelyCA Software200XVery LikelyAR Distribution200Very LikelyNY Manufacturing100Very LikelyTAIWAN Data Center50Very LikelyTX Manufacturing50XVery LikelyCA Software20XVery LikelyCA Total9854
IndustryJob CountHQConfidenceRelocation State Manufacturing100XFinalistTAIWAN Manufacturing150FinalistDE Manufacturing70FinalistMI Service200FinalistCA Manufacturing1,500FinalistTBD Manufacturing200FinalistCA Manufacturing200FinalistIN Manufacturing50XFinalistCA Data Center80FinalistTX Service100FinalistWI E-Commerce800FinalistNJ Manufacturing292FinalistOH Manufacturing1,000FinalistTN Service1,000FinalistTBD Manufacturing1,000FinalistCO Total6,7422 Hot Prospects!
Distribution 33% Manufacturing 44% Data Center 6% Types Of Companies Relocated FY2015 Service 17%
Company Visits =195 Growing Future Growth Flat Declining Five Assisted Expansions = 144 Jobs 60 Business To Business Connections Made 2 Industry Sector Councils 50 Co’s Existing Industry Awards 14 Critical Issues Addressed 85% Growing 9 Retention Results / Initiatives
Scenario Job Growth Population A56,600 46,200 B1 52,400 42,400 B2 52,400 64,700 C47,400 37,800 EPIC Job Forecast Scenarios (Five Years: ) Rounded EDAWN Projected Most Likely Scenario
EPIC Versus Actual 52,400 Jobs In 5 Years
Source: Nevada Economic Planning Indicator Committee (EPIC). Total Projected Employment Growth Map-Scenario B, by EPIC Zone: Scenario B Job Growth Concentrated In 6 Zones
Major Roads EPIC Zones Active Tentative Map (TM) Boundaries Planned Unit Development (PUD) Vacant – Residential Potential Incorporated Areas Washoe County Residential Potential Map ,000 Lots Ready NOW! 50,000 Available Soon
1. Water – Concern 2. Housing – Concern 3. Flood Control – Concern 4. Brand or Image – Concern 5. Government Staffing – Concern 6. College Of Engineering – Concern 7. Downtown Revitalization – Concern 8. Transportation Infrastructure – Concern Concerns – Challenges Or Crises Manageable Concerns?
Challenges To The New Reno / Sparks The New Reno / Sparks 1. Affordable Housing 2. Funding For Workforce Training 3. School Infrastructure Funding
Public Regional Public / Private Partners City of RenoUNRState Offices City of SparksTMCC Nevada JobConnect City of FernleyDRINevadaworks Washoe CountyThe ChamberNNDA Storey CountyWNDDNV Energy Washoe County School District NCET Reno-Tahoe Airport Authority GOED RTC Renegades DETRRSCVAMany Others ! 16
Questions? 17