We Are The Research Valley: Our Future Requires Unity

Chamber Economic Outlook Conference January 25, 2017

HOWDY!

Todd E. McDaniel, CEcD President/CEO

The Partnership

“Without regard to municipal boundary, we help projects launch, grow and locate in the Research Valley.”

Economic Diversification Through ImpactLife™

LAUNCH

GROW

LOCATE

Dawn of The Brazos County Economy

•  August 19th 1867 train entered Bryan

•  Call for Celebration: August 19th 2017 is the sesquicentennial anniversary (150 years)

(THEN) Houston & Texas Central Railway (NOW) Union Pacific

Economic Indicators & Growth Drivers

UPDATE

Brazos County Marketplace

Brazos County Industry CompositionSource: Texas Workforce Commission, LMCI (2016-3Q Data)

38%

14%

14%

14%

6%

5%

5% 2% 2%

Education/Health Srvcs

Trade/Transportation

Leisure/Hospitality

IT/Finance/Professional Srvcs

Construction

Manufacturing

Public Administration

Natural Resources/Mining

Other

Average 4Q Brazos County EmploymentSource: Texas Workforce Commission, LMCI (All Employers, All Industries)

83,771 85,051 85,565

87,642 87,618 87,895 87,291

90,564

95,194

99,373 101,267

60,000

85,000

110,000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

100K + Jobs M I L E S T O N E

Unemployment Rates – Brazos County

Source: Federal Reserve Bank (NOV 2016 Rates: County – 3.0%, TX – 4.6%, US – 4.6%)

College Station-Bryan MSA PopulationSource: Texas State Demographer, 1.0 Migration Scenario

121,862 152,415

228,660 256,511

278,843

337,071

398,066

472,029

100,000

200,000

300,000

400,000

500,000

1990 2000 2010 2016 2020 2030 2040 2050

2016 15th Fastest Growing US Metro

Source: US Census Bureau

Brazos County PopulationSource: Texas State Demographer, 1.0 Migration Scenario

-

100,000

200,000

300,000

1990 2000 2010 2016 2020 2030 2040 2050

0-24 Years 25+ Years

Sustaining Majority Age Group

S H I F T

Gross Market Value: Brazos County Properties AppraisalSource: BCAD

$3.5 $6.3

$14.0

$20.4

$0

$5

$10

$15

$20

$25

1990 2000 2010 2016

Billio

ns

Local Sales Tax AllocationsSource: Texas Comptroller of Public Accounts (Brazos County, Bryan, College Station)

$0

$5

$10

$15

$20

$25

$30

1995 2000 2005 2010 2016

Milli

ons

Brazos County Bryan College Station

2016 $59.2M Total

A Partnership Approach

FINAL THOUGHTS

Unity for Prosperity

Top 10 Business Site Selection Factors

1.  Availability of Skilled Labor

2.  Highway Accessibility 3.  Quality of Life 4.  Build or Lease Costs 5.  Available Buildings

Source: Area Development – 2016 Corporate Survey

6.  Labor Costs 7.  Corporate Tax Rate 8.  Proximity to Major

Markets 9.  State/Local Incentives 10.  Energy Availability and

Costs

Unity in Talent Development

Talent Initiative

•  Industry •  ISDs •  Blinn College •  Texas A&M

Unity in Regional Mobility

•  I-14 Central Texas Corridor

•  High-Speed Train

•  US / TX Transportation & Infrastructure Modernization Funds

Texas A&M RELLIS Campus May 2016 Announcement The Next Chapter in Brazos County’s Economic History

Unity in Community

THANK YOU Todd E. McDaniel, CEcD President & CEO The Research Valley Partnership 979.260.1755 ext.101 tmcdaniel@researchvalley.org www.researchvalley.org