Strafford County Board of Realtors April 2012

163 views
138 views

Published on

Published in: Business, Health & Medicine
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
163
On SlideShare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
1
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Strafford County Board of Realtors April 2012

  1. 1. Have You Seen Rochester Lately!? Business Development in the City For Strafford Co. Board of Realtors April 2012 Karen Pollard, CEcD, EDP Deputy City Manager – Dir. Of Community Dev.
  2. 2. Another Transition • “Jobless Recovery” – Employment levels returning – Shift in employment sectors • Investment is happening! – Stalled projects move – New projects proposed – Demonstrated local stability • Ready to leap forward – How will outside factors impact us? – Can we leverage our success? The price of gasoline directly affects disposable income and consumer spending.
  3. 3. A Look at Employment Labor Force & Employment 88,000 86,000 84,000 82,000 80,000 78,000 76,000 74,000 72,000 70,000 68,000 66,000 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Labor Force Employment NH Employment Security – Rochester-Dover MetroNECTA
  4. 4. What is in Our Control? • Land Use (Zoning) • Site Plan Review Process • Local Fees & Development Costs • Regulation • Infrastructure • Incentives • Customer Service
  5. 5. Not Government as Usual • Technology Changes – Software – Mobility – Social Media  Mission & Results Directed  Team & Network Driven  Accountable for Results • • • • New Staff Changing Roles Customer Service! Adapt to changing budgets and expectations
  6. 6. 2011 Taxable Property CommInd, 29.64% Residential, 70. 36% 2004 Res 77.03% Comm-Ind 22.97%
  7. 7. Development Stats Non-Residential Permits 140 120 100 80 60 40 20 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
  8. 8. Development Stats Non-Residential Building Permits $50,000,000 $45,000,000 $40,000,000 $35,000,000 $30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Signs Alterations Buildings
  9. 9. Granite State Business Park • Expanding to 235 acres – Phase 1 – 125 acres – Phase 2 – 110 acres • Development Plans adopted by Council • Business List – – – – – – – Albany International Inc. Albany Engineered Composites Snecma (Safran USA) Phase 2 Medical SpecTex Frisbie Medical Records Service Master by Disaster Under Construction May 2012
  10. 10. Rochester Crossing • The Wilder Companies 100% Occupancy Fall 2012 • • • • • • • • • • • • • • • Grand Opening Fall 2007 Lowe’s Kohl’s Famous Footwear Maurice’s GameStop Joanne’s Fabrics Aspen Dental Matress Giant Tropical Smoothie Café Avalar Real Estate Clemento’s Pizzeria & Brew Sally Beauty Supply Great Clips Amcomm Verizon Wireless
  11. 11. Ten Rod Road Business Park • City-Developed in 1988 • • • • • • • • • • • • • – Former Cabletron Campus Ashland Electric Eastern Propane Laars Heating Systems Granite State College Radianse Smart ATI YMCA of Strafford County Measured Progress Student Transportation of America William Verweii Strafford County Board of Realtors eCoast Sales Solutions APW – Accident Benefit Association Lease or Condo Ownership Available. Abundant Parking.
  12. 12. Granite Ridge Development District • Zoning Unified & Adopted 2009 – Frontage Road – Auto-Oriented Commercial District • Capacity for 2 Million Square Feet • Demand for Amenities, Services & Entertainment • Now Leasing 300,000 square feet (Piper’s Landing)
  13. 13. North Main Street • Transitional Corridor between Downtown & Granite Ridge – Spaulding Turnpike Expansion – Strafford Square Roundabout in 2014 • For now redevelopment concentrated by Turnpike – Smith & Wesson Site – Globe Plaza • Zoning Changes New Exit 14 & 15 are now OPEN! Public investment is a catalyst for Private investment & redevlopment.
  14. 14. Downtown Business District • Reinvestment Stats • • • • • • • • The Rochester Main Street Program volunteers work constantly to make Downtown a destination for entertainment, shopping & dining. • Increased Occupancy rates on North Main St. & Hanson Street Overall 5% increase since 2006 Total of 222 businesses currently in the Downtown Business District Total of 391 Projects since 2006 Total Private Investment of $5,240,049 Investment Ratio: $1/$29.94 Annual Tax Revenue Increase: $125,183.60 Brown Bag Concert Series Returning on Fridays Raised more than $43,000 in donations & grants for Parson Main & Central Square
  15. 15. Village of Clark Brook Proposed – – – – 6 Live/Work 6 Duplex Lots 35 Cluster 23 Little Quarry Lots – Five 36 Unit Buildings • Total = 250 with 571 Beds
  16. 16. Highfield Commons Proposal • Phase I – – 88 single fam – 47 town homes – Available now! – Keller Williams
  17. 17. What’s Next? • • • • • • Leverage success Coordinate process Handbooks & Guides Technical Review Board Training Roundtable Listening Sessions • Working Together • Continuous Improvement
  18. 18. www.ThinkRochester.biz @RochesterEDC

×