LAUNCH
LOCATE
GROW
2018 Matt Prochaska President & CEO
Contents BIO
RVP OVERVIEW
STRATEGIC PLAN
ECONOMIC OUTLOOK
GROWTH MOMENTUM
INVEST RESEARCH VALLEY
Aggie Class of ‘86 and ‘97 25 Years of Manufacturing Experience 25 Years working in Economic Development Started with Research Valley Partnership Sep 2017
The Research Valley Partnership helps companies launch, grow and locate in Brazos County through its planning and support activities without regard to municipal boundaries.
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LAUNCH
GROW
LOCATE
ECONOMIC OUTLOOK
Primary Jobs
Source: US Census, LEHD 2015 Brazos County
Inflow/Outflow Primary Jobs
Source: US Census, LEHD 2015 Brazos County
5%
2% 2% Education/Health Srvcs
5%
40%
5%
Trade/Transportation Leisure/Hospitality IT/Finance/Professional Srvcs Manufacturing Construction
13%
Public Administration Natural Resources/Mining Other 14% 14%
Brazos County Industry Composition Source: Texas Workforce Commission, LMCI (2017Q2 Data)
120,000
117,500 111,800
113,700
109,200 105,900 98,900
100,600
101,700
101,200
102,000
2010
2011
2012
90,000
60,000 2008
2009
2013
2014
2015
College Station-Bryan MSA Employment Estimates Source: Texas Workforce Commission, LMCI (2017 Annual Estimate)
2016
2017
4.0% 2.0% 0.0% 2017
-2.0%
2007 1997
-4.0% Retaining Summer
JOBS
-6.0% -8.0% MAY
JUN
JUL
AUG
% Change - College Station-Bryan MSA Employment Estimates Source: Texas Workforce Commission, LMCI
$60.2 $60 $55
Thousands
$80
$77.9
$75 $70
$50
$47.9
$65 $60
$40
$55
$35
$50 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
$45
Texas: 25-44 yrs
Brazos Co: 25-44 yrs
$68.1
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Thousands
$65
Texas: 45-64 yrs
Median Household Income (Age of Householder) Source: US Census, American Community Survey, 1-year Estimates
Brazos Co: 45-64 yrs
500,000
472,029
398,066
400,000 337,071
300,000
278,843 261,901 228,660
200,000 152,415 121,862
100,000 1990
2000
2010
2017
2020
2030
College Station-Bryan MSA Population Source: Texas State Demographer, 1.0 Migration Scenario (2017 Data from THHS)
2040
2050
300,000
Sustaining Majority Age Group
SHIFT
200,000
100,000
2013 1990
2000
2010
2017
0-24 Years
Brazos County Population Source: Texas State Demographer, 1.0 Migration Scenario
2020
2030
25+ Years
2040
2050
Billions
$25
$22.6
$20
$14.0
$15
$10
$6.3 $5
$3.5
$0 1990
2000
2010
Brazos County Properties Appraisal – Gross Market Value Source: BCAD
2017
GROWTH MOMENTUM Location Readiness
•
BUSINESS INVESTMENT – Capitalize on Community’s Position as a Regional Hub to Lure New Businesses and Keep Existing
•
CORPORATE R&D – Support Private Industry and Texas A&M in Attracting R&D Activities/Funds to Community
•
QUALITY OF PLACE – Network with Local Government, Private Industry and NonProfits to Preserve Affordability and Family Friendliness
Competitive Location
•
MADE IN RESEARCH VALLEY – Launch Community Campaign to Support “Maker” Workforce and Local Manufacturers
•
CORPORATE VISITOR – Engage Private Industry and Experience BCS as Destination for Business Travelers
•
ROAD TO 2020 US CENSUS – Enhance Economic Ties with Area Counties to Expand College Station-Bryan MSA Impact
Competitive Location
GROWTH MOMENTUM Transportation
•
State Highway 6 is the region’s only primary route on Texas Highway Freight Network
2016
2032
County Highway Transportation Source: TxDOT Transportation Plan, Total Traffic Flowband and Congestion
•
Realization of major/super arterials and freeways in 2050 Thoroughfare Concept Plan
County Highway Transportation Source: Bryan/College Station Metropolitan Planning Organization
•
Final routing of I-14 as Central Texas Corridor through Brazos Valley
•
SH 249 Extension – Navasota to Todd Mission
Regional Highway Transportation
•
Freight: Development of the Union Pacific Railroad Brazos Yard (Robertson County)
•
Passenger: Development of the Texas Central Railway midway Brazos Valley Station (Grimes County)
February 6, 2018 Public Hearing in Navasota to Engage Representatives from Texas Central Partners and the Federal Railroad Administration
Regional Rail Assets
THANK YOU Matt Prochaska Research Valley Partnership Cell 979-574-3095
[email protected] www.researchvalley.org
