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CITY OF MARICOPA Prepared by Economic Development Department

City of Maricopa Presentation - 2016

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Page 1: City of Maricopa Presentation - 2016

CITY OF MARICOPAPrepared by Economic Development Department

Page 2: City of Maricopa Presentation - 2016

Small-Town atmosphere with a convenient location 30 minutes to Sky Harbor

Quick commute to East Valley

REGIONAL MAP

Page 3: City of Maricopa Presentation - 2016

Median household income

Mean house home income

Per capita Income

$62,488

$68,815

$23,523

HOUSEHOLD INCOME Average household size 3.03

Data Sources2010-2012 American Community Survey2010 U.S. Census

89%

20%46%

High school graduate or higher

Bachelor’s degree or higher

Master’s degree or higher

Data SourceCity of Maricopa 2013 Labor Survey, Prepared by Elliott D. Pollack & Company

EDUCATIONAL ATTAINMENT

AGE DISTRIBUTION

Data Source2010 U.S. Census

Under 15 13,060 Age 16 & up 30,422 Age 18 & up 29,346 Age 21 & up 28,242 Age 65 & up 2,762 Age 85 & up 121

Median Age 33.1

30%70%

6.4%

65%67.5%

.3%

MARICOPA BY THE NUMBERS

Page 4: City of Maricopa Presentation - 2016

POPULATION GROWTH

2020

20152010

2006

2030

2000

105,076

73,376

48,60241,30926,661

1,040

Data SourcesArizona Dept. of AdministrationU.S. Census

2040

138,772Full Buildout 634,548

Page 5: City of Maricopa Presentation - 2016

79%16+

MILES

EMPLOYMENT CHARACTERISTICS

Data SourceCity of Maricopa 2013 Labor Survey, Prepared by Elliott D. Pollack & Company

Work outside Maricopa

Average Commute

Would Prefer to Wok in Maricopa

13%

15%

TOP INDUSTRIES FOR EMPLOYMENT

Finance/Insurance/Professional Services Education Retail Medical/Healthcare Manufacturing

13%

13%85%

10%

MARICOPA BY THE NUMBERS

Page 6: City of Maricopa Presentation - 2016

HOUSING UPDATE

34%

NEW HOME SALES (PERMITS)

Increase over last fiscal year.

2011 2012 2013 2014 2015

9.6

HOUSING VACANCY RATES

7.3

5.4

3.4 3.2

Source: City of Maricopa, Development Services Department

Page 7: City of Maricopa Presentation - 2016

RECOGNITION

SAFEST CITY

MOST AFFORDABLE

CITY

2016 PLAYFUL CITY USA

Source: SmartAsset.comSource: SafeWise.com Source: Kaboom.org

Page 8: City of Maricopa Presentation - 2016

140 acres City Hall & Police Administration opened in September 2013

Additional future uses Civic, Park and Office

12 acres immediately available for commercial development

CITY CENTER COMPLEX

Page 9: City of Maricopa Presentation - 2016

8,150 sf facility designed by Architekton and built by CORE Construction scheduled for completion in January 2016

24/7 Enhanced Dispatch Communications & Emergency Operations Center

Property and Evidence Storage

Community Action Team and K-9 Officers

Community Room/Regional Training Center

POLICE SUBSTATION

Page 10: City of Maricopa Presentation - 2016

Opened on March 15, 2014120 acres52,000 square foot Multigenerational/Aquatics Center98-acre regional parkProjected 500,000 visitorsDaily usersCommunity eventsRegional athletic tournaments

COPPER SKY RECREATION CENTER

Salsa FestivalMaricopa’s signature community event (10,000 visitors)2nd Saturday Maricopa MarketProduce on Wheels Program, Local Vendors (450 visitors)Merry CopaHoliday celebration (4,000 visitors)Battle of the Burbs Award Concert (2013, 2014, 2015)

Page 11: City of Maricopa Presentation - 2016

18.3 acres for commercial development

Frontage on SR 347 atCopper Sky entrance

Conceptual site plan envisions a mixed-use development

COPPER SKY COMMERCIAL

Page 12: City of Maricopa Presentation - 2016

52-acre site40 acres for private developmentIndustrial, office and flex spacePublic uses: Fire station, public works yard, Amtrak relocation proposedAll utilities to siteEdison Road extension to Highway 238 scheduled for completion in October 2016To be developed through a Public-Private Partnership with The Boyer Company

ESTRELLA GIN BUSINESS PARK

Page 13: City of Maricopa Presentation - 2016

Grade separation will:

Reduce commute times

Facilitate development

Improve public safety

SR 347/UPGRADE SEPARATION

Design Concept Report has been initiatedFunding secured for constructionIncluded in Arizona State Transportation Board 5-Year Plan$15M TIGER Grant (October 2015)

Page 14: City of Maricopa Presentation - 2016

0

5

10

15

20

25

2011 2012 2013 2014 2015 2016

Maricopa Casa Grande Chandler Tempe

OFFICE SPACEVACANY RATE

$15.52$16.86

$22.77$23.83

Maricopa Casa Grande Chandler Tempe

AVG. RENT PER SF

Source: CoStar commercial real estate database as of January 4, 2016

Page 15: City of Maricopa Presentation - 2016

0

2

4

6

8

10

12

14

16

2011 2012 2013 2014 2015 2016

Maricopa Casa Grande Chandler Tempe

INDUSTRIAL SPACEVACANY RATE

$14.55

$4.21

$7.35$6.45

Maricopa Casa Grande Chandler Tempe

AVG. RENT PER SF

Source: CoStar commercial real estate database as of January 4, 2016

Page 16: City of Maricopa Presentation - 2016

0

2

4

6

8

10

12

14

16

2011 2012 2013 2014 2015 2016

Maricopa Casa Grande Chandler Tempe

RETAIL SPACEVACANY RATE

$17.27

$11.02

$16.17$15.48

Maricopa Casa Grande Chandler Tempe

AVG. RENT PER SF

Source: CoStar commercial real estate database as of January 4, 2016

Page 17: City of Maricopa Presentation - 2016

2015 RETAIL LEAKAGE

RETAIL LEAKAGE

Retail Trade$329 Million

Food & Drink$37 Million

Clothing & Accessories$24.5 Million

Vehicle & Parts Dealer$127 Million

Page 18: City of Maricopa Presentation - 2016

Western, San Diego Convention Center

Deal-making

15 meetings in 1.5 days

Greater Phoenix Economic Council Road Shows

Los Angeles & San Francisco

SALES MISSIONS & ROAD SHOWS

Page 19: City of Maricopa Presentation - 2016

AGRITECH

BIOTECH

HEALTHCARE

PROFESSIONAL SERVICES

RETAIL

TARGET INDUSTRIES

Page 20: City of Maricopa Presentation - 2016

MARICOPA IS HOME TO…

Arid Land Agricultural Research Center

University of Arizona Maricopa Agricultural Center

Nissan Arizona Testing Center Volkswagen Group of America

Page 21: City of Maricopa Presentation - 2016

MARICOPA BUSINESS RESOURCES

Page 22: City of Maricopa Presentation - 2016

Assists new and startup companies to GROW by providing coaching, resources and management training or office space.

Revolving Loan Fund

Dan Beach, Executive Director

MARICOPA CENTER FOR ENTREPRENEURSHIP

MCE has been an amazing network of resources for Ketalog. Dan Beach with MCE has helped us focus on sharpening our company goals and concepts, they have mentored us, and strategized business planning step by step. Dan has an amazing gift working with entrepreneurs and has been a major key attribute to our success.

Page 23: City of Maricopa Presentation - 2016

THANK YOU!Maricopa-az.gov I Maricopamatters.com

[email protected]

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