1. Apache Junction Economic Development Update
Apache Junction City Manager’s Report September 16, 2008

2. Apache Junction Update
Organizational Activity:
Economic Development Department Established Feb ‘07
Joined Greater Phoenix Economic Council (GPEC) July ‘07
Lost Dutchman Heights/Superstition Vistas Planning Dec ‘06 - ‘09
Retail Leakage Analysis Dec ‘07 May ‘08
CDBG – Downtown Revitalization Plan May ‘08
(Community Development Block Grant) Downtown Tool Kit July ‘08
Add: Downtown Toolkit (insert link) July 2008

3. Apache Junction Update
Projects Approved/Underway or Completed
Apache Junction Gateway – Diversified Partners
Apache Trail Projects :
Superstition Harley-Davidson Starbucks
Arizona Federal Credit Union Apache Jct Shopping Center
Apache Trail Apache Town Plaza
Washington Mutual Bank Quik Trip
Light Industrial:
Brown Motor Sports Russell - Fourth Ave bldg
Vehicle Emissions Station PFG Office Suites 3rd Generation Woodworking Western Industrial Plumbing Empire Southwest, LLC Other – RV storage facilities

4. Apache Junction Update
Apache Junction Gateway

5. Superstition Harley Davidson

6. Apache Junction Update
Arizona Federal Credit Union

7. Starbucks Coffee

8. Apache Junction Update
Apache Junction Shopping Center

9. Shops at Apache Trail

10. The Mitchell Fox Building

11. Apache Junction Update
Apache Town Plaza, a.k.a. Cobb’s Plaza

12. Washington Mutual

13. QuikTrip Corporation

14. Apache Junction Update
Brown Motor Sports

15. PFG Office Suites Development

16. Apache Junction Update
Vehicle Emissions Testing Station

17. 3rd Generation Wood Working (old Brown Motor Sports building)

18. Western Industrial 3640 S. Cactus Road

19. Russell – Fourth Ave Bldg.

20. Apache Junction Update
Empire Southwest, LLC

21. Apache Junction Update
Construction cost - $7.5 million for 45,000 square feet (total of 62,000 sq ft under roof)
Land cost $2.8 million
Retail Sales and Leases - $22,500,000 in year 1, increasing 5% per year
Jobs – 60 in year 1, increasing to 75 by year 3 at $22.50 per hour [approx $46,800 annually]
Annual utility expenditures $132,000
Property tax impact to our community:
AJUSD = $122,000 annually or $955, yr NPV
CAC = $ 38,000 annually or $294, yr NPV
AJFD = $ 48,000 annually or $373, yr NPV
Empire Southwest, LLC

22. Apache Junction Update
Contact Information:
Steve Filipowicz,
Economic Development Director
(480)
Janine Solley,
Business Advocate
(480)