Live, work, grow in Pearland, Texas… CoreNet Global 2005 Economic Development Leadership and Innovation Finalist CoreNet Global 2005 Economic Development Leadership and Innovation Finalist

Live, work, grow in Pearland, Texas… Introducing Bill Eisen, City Manager Fred Welch, PEDC Karen Dickson, PEDC Introducing Bill Eisen, City Manager Fred Welch, PEDC Karen Dickson, PEDC

Pearland, Texas Unique Master-Planned Community Fastest-growing community south of Houston with 11% growth rate 2004 Population Estimate – 54,000 Premier location – relaxed family environment of Pearland, yet minutes away from the big city amenities of Houston and the world-renowned Texas Medical Center

Pearland Economic Development Corporation Created in 1995 to promote, assist and enhance business growth by working with new and existing businesses. Three major goals: –Attract capital investment to increase and diversify Pearland’s tax base –Increase the number of better-paying jobs for residents –Address needs and interests of existing businesses

PEDC’s Formula for Success Effective Business Retention/Expansion Programs Diverse Partnerships Innovative Marketing Initiatives

Business Retention & Expansion Program (BRE) Developed to focus on needs of existing businesses Only formalized program in the Greater Houston area

BRE’s Formula for Success Establish strong community partners Visit local business Conduct informal surveys Share information of available resources Address businesses’ issues and needs

BRE’s Formula for Success BRE business assistance projects have included: –Expansion/relocation within the city –Foreign trade zone activation –Job training –New development issues –Infrastructure issues and needs

BRE’s Formula for Success

Diverse Partnerships – The Spectrum at Clear Creek The Vision for The Spectrum at Clear Creek –Need for lab facility space –Houston Biotech Survey –PEDC Survey

Diverse Partnerships – The Spectrum at Clear Creek Vision becomes reality through a unique public-private partnership –PEDC and City providing initial infrastructure and major utilities; offering a range of economic incentives –LNR serving as Phase I developer –Assistance from Congressman Tom DeLay and the State in securing funding

Diverse Partnerships – The Spectrum at Clear Creek

PEDC leading the effort to promote the region as an emerging hotbed of development in advanced sciences – Texas 288 sm

Diverse Partnerships – Higher Education Enhance collegiate education offerings –Customized training for existing businesses –Attracting new business Well-educated workforce to recruit high paying jobs Convenience of lifelong education opportunities

Innovative Tools –Only Web-based tool of its kind in the Houston area –20 layers of information –Detailed reports on demographics –Reports on surrounding businesses for a specific property

Great web site. Accolades well deserved. The availability of tract ownership and related info has been priceless in reducing time spent on ownership searches. Combined with the overlays regarding easements, it is easily the most user- friendly site I have ever used. - Mr. Naveen Jaggi – CB Richard Ellis PearlandProspector.com saves us time with having data at our fingertips. At this day and age when our clients would like to have this data instantly, we know we can count on you. - Johnny Sims – Hardcastle Real Estate Innovative Tools

Formula for Success A community benefits from strategic economic development –Win-win Partnerships –Creative Programs –Innovative Marketing Initiatives