Quarterly Report (January – June 2016 Activities) Economic Development Quarterly Report (January – June 2016 Activities) July 12, 2016

Business Attraction July 12, 2016 150,000 SF available Project Flight Manufacturer from Dallas Multi-Family Housing Charter School Anaerobic Digester Data Center 160 affordable houses Walmart US Summit July 12, 2016

Business Attraction July 12, 2016 Point of Contact: Innovation Center for Food Product Development Interviews for national and international magazines Speaker Businesses moving in – Ft Smith, Idaho, Colorado Hosted business guests – Hot Springs, Manhattan (KS), Fab Lab Conference attendees WAC Parking Lot July 12, 2016

Business Attraction July 12, 2016 Business Expansion The Uptown under construction JJ’s Beer Garden & Brewing Company Purchase of EJ Ball Building Marshalltown Butterfield Trail Village Whataburger’s second location on Joyce Blvd Raising Cane on MLK Blvd under construction Walmart Neighborhood Market on MLK Blvd. Metova Pieology July 12, 2016

New Businesses July 12, 2016 Type (Jan – June ‘16) # of Businesses Total FTEs Home Grown 133 223.50 Out of Town Owners 52 592.00 Total 185 815.50 # of Businesses Total FTEs Jan – June 2016 185 815.50 Less Inactive businesses ( 56) (127.50) Net Total 129 688.00 July 12, 2016

Business Retention & Expansion July 12, 2016

Business Retention & Expansion Acquisitions & Mergers NWA Mall IO Metro to Erdos at Home Clarion Inn North Forty EJ Ball Building Physician Specialty Hospital JJS & Young Design merged Pratt Place Inn Expansion: First Security Bank in former Iberia Bank on Mission Bio Tech Pharmacal expansion Brookside Assisted Living expansion Washington Regional Medical Center July 12, 2016

Business Retention & Expansion Technical Assistance Completed 34 one-on-one business site visits Training Intro & Intermediate Quickbooks 5 Small Business Strategies for Social Media Women in Workforce Conference Website in A Day Choosing the Proper Legal Entity Cyber Summit Marketing for the Construction Industry ISO 9001 Programs/Events: Celebration of Arts in Fayetteville Rural Friendship Day NWALeaderCon July 12, 2016

Entrepreneurship July 12, 2016 Prospective entrepreneurs interested in: Antique store, food trucks, athlete club, karaoke bar, distillery/brewery, online retail, escape room, liquor store, repair business, baking school/retail, retail boutique, meat store, flower business, physical therapy office Responded to inquiries or requests for information FabLab – MakerGirl Teen Entrepreneur Boot Camp July 12, 2016

Infrastructure July 12, 2016 AEDC Commissioners visit AEDC’s Modern Workplace & Lean 101 Meet & Greet of the new U of A Chancellor AT & T Fiber Ready Sites Regional Robotics Training Center, R2TC OzarkGo City’s various public input events Redeveloping College Ave Annual Job Expo Workforce Development & Internships Arkansas Workforce, NWA Econ Dev District, Jefferson Adult Education Center, NTI, NWACC 35 partner organizations, 30 Fayetteville non-profits, 344 local businesses, 79 out of town contacts July 12, 2016

Good News, Challenges, Things to Do Strengths: Local businesses expanding New out of town businesses Weaknesses: Inadequate supply of large buildings Topography and soil conditions July 12, 2016

Good News, Challenges, Things to Do Opportunities: Infrastructure improvements Regionalism Competitiveness Threats: Merger & Acquisitions Low unemployment Workforce housing July 12, 2016

Thank You! July 12, 2016 Chung Tan, CEcD Fayetteville Chamber of Commerce 123 W Mountain Fayetteville, AR 72701 E-mail: ctan@fayettevillear.com July 12, 2016