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MONTHLY
ECONOMIC
UPDATE
columbusregion.com 614-225-6063
JUNE 2014
Jobs: 700 created
Investment:
Facilities: Financial services
1
$84 million
CASE STUDY: ADS ALLIANCE DATA SYSTEMS
COLUMBUS ...
2
ATTRACTION PROJECTS:
DOMESTIC/INTERNATIONAL
ATTRACTION PROJECTS:
SUSPECTS AND PROSPECTS
ATTRACTION PROJECTS:
PROJECTS BY...
BUSINESS ATTRACTION | DEVELOPMENT ACTIVITIES
JUNE 2014 COMPLETED ACTIVITIES
JULY 2014 PLANNED ACTIVITIES
BUSINESS DEVELOPM...
JUNE 2014 Performance:
23 visits in June (169 YTD)
Visits conducted by:
CASE STUDY: PIER 1 IMPORTS
Jobs: 165 created
Inves...
Source: U.S. Patent and Trademark Office
CASE STUDY: CRIMSON CUP
Jobs: 20 created
Investment: $1.1 million
Facilities: Man...
6
ECONOMIC DEVELOPMENT NEWS
COLUMBUS 2020 MONTHLY UPDATE | JUNE 2014
TRANSPORTATION & INFRASTRUCTURE POLICY & ADVOCACYCOLU...
Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, Seasonally Adjusted
Source: Xceligent Source:...
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Monthly Economic Update | June 2014

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The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Alliance Data Retail Systems, one of the nation's leading providers of branded credit card programs, that will add 700 high-paying positions; Pier 1 Imports, which will open an e-commerce fulfillment center to complement its existing Columbus Region distribution center and add 165 new jobs; and Crimson Cup Coffee & Tea, which plans to double its workforce to 40 and expand into a second facility.

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Monthly Economic Update | June 2014

  1. 1. MONTHLY ECONOMIC UPDATE columbusregion.com 614-225-6063 JUNE 2014
  2. 2. Jobs: 700 created Investment: Facilities: Financial services 1 $84 million CASE STUDY: ADS ALLIANCE DATA SYSTEMS COLUMBUS 2020 MONTHLY UPDATE | JUNE 2014 PROJECTS JUNE 2014 AND YEAR-TO-DATE FIRST-TIME VISITS (2013 vs. 2014)NUMBER OF PROJECTS STARTED (2013 vs. 2014) PERCENT OF PROJECTS STARTED - MANAGED BY COLUMBUS 2020 (2013 vs. 2014) 87% 89% 100% 72% 76% 69% 77% 68% 65% 80% 81% 65% 85% 79% 70% 77% 50% 83% 0% 20% 40% 60% 80% 100% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2014 2 5 4 4 7 5 8 5 4 7 4 3 2 3 4 5 4 3 0 4 8 12 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2014 23 28 17 25 29 16 22 19 17 20 16 2020 24 20 30 22 24 0 10 20 30 40 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2013 2014 ADS Alliance Data Systems, Inc., one of the nation's leading providers of branded credit card programs, is expanding its presence in the Easton area where Alliance Data Retail Services is headquartered. The project entails new office construction, leasehold improvements and on- and off-site infrastructure improvements. The new facility will allow Alliance to add 700 new high-paying positions in the coming years. Alliance has three other facilities in the Columbus Region. Combined, Alliance employs over 3,100 in the Region. **Balance of started projects sourced/managed by JobsOhio
  3. 3. 2 ATTRACTION PROJECTS: DOMESTIC/INTERNATIONAL ATTRACTION PROJECTS: SUSPECTS AND PROSPECTS ATTRACTION PROJECTS: PROJECTS BY SECTOR ATTRACTION PROJECTS: PROJECTS BY SOURCE COLUMBUS 2020 MONTHLY UPDATE | JUNE 2014 ACTIVE PROJECTS AS OF JUNE 30, 2014 TOTAL ACTIVE PROJECTS (153 PROJECTS) EXPANSION PROJECTS: PROJECTS BY SOURCE EXPANSION PROJECTS: PROJECTS BY SECTOR EXPANSION PROJECTS: DOMESTIC/INTERNATIONAL 64 44 0 20 40 60 80 100 Suspect Prospect Suspects = Projects identified and qualified via direct dialogue with the company or consultant representing the company. Prospects = Projects qualified, parameters defined and the company or consultant has visited the Region. 71% 29% New Existing 61% 6% 33% Columbus 2020 Local ED partners JobsOhio 62%18% 20% Columbus 2020 Local ED partners JobsOhio 13 2 27 3 0 5 10 15 20 25 30 35 40 45 11 41 11 0 5 10 15 20 25 30 35 40 45 50 51% 49% Domestic International 82% 18% Domestic International
  4. 4. BUSINESS ATTRACTION | DEVELOPMENT ACTIVITIES JUNE 2014 COMPLETED ACTIVITIES JULY 2014 PLANNED ACTIVITIES BUSINESS DEVELOPMENT MISSIONS: San Diego, Chicago, Minneapolis, Milwaukee 3 COLUMBUS 2020 MONTHLY UPDATE | JUNE 2014 Columbus: The Columbus 2020 team helped host economic development practitioners for the Area Development Consultants Forum held in Columbus. Chicago: The Columbus 2020 team participated in a market visit with JobsOhio to meet with companies and promote Ohio and the Columbus Region. Atlanta: The Columbus 2020 team completed a business development trip to Atlanta, meeting with companies and consultants. Charlotte: The Columbus 2020 team completed a business development trip to Charlotte, meeting with companies and consultants. Columbia/Greenville: The Columbus 2020 team completed a business development trip to Columbia and Greenville, meeting with companies and consultants.
  5. 5. JUNE 2014 Performance: 23 visits in June (169 YTD) Visits conducted by: CASE STUDY: PIER 1 IMPORTS Jobs: 165 created Investment: Facilities: Logistics 4 $5.5 million COLUMBUS 2020 MONTHLY UPDATE | JUNE 2014 BUSINESS RETENTION & EXPANSION | JUNE 2014 BUSINESS DEVELOPMENT VISITS CONDUCTED BY LOCATION VISITS CONDUCTED BY SECTOR Pier 1 Imports, an importer and retailer of home furnishings and gifts, will open an e-commerce fulfillment center in Grove City to complement its existing Columbus Region distribution center. The $5.5 million investment includes upgrading an existing 195,000 square feet space and is expected to bring more than 150 jobs to the Region over the next three years. New jobs will include management and warehouse associates. Construction and occupancy is expected to be completed by fall 2014. President and CEO Alex W. Smith cited the Columbus Region's exceptional distribution and logistics capabilities, talent pool and optimal location for e-commerce business as factors to expand the Grove City operations. 35% 56% 9% Columbus 2020 only Local ED partner only Both 2020 and LEDO 6 4 2 6 5 0 2 4 6 8 10 12 6 5 6 6 0 5 10 15
  6. 6. Source: U.S. Patent and Trademark Office CASE STUDY: CRIMSON CUP Jobs: 20 created Investment: $1.1 million Facilities: Manufacturing, R&D 5 Source: Ohio Secretary of State *Note: Registrations are only an indicator of business formation and do not represent actual new businesses. For example, a registration may be filed to reserve a business name or for other reasons in advance of a potential business. Dissolutions, surrenders and withdrawals do not include mergers, consolidations, reinstatements and other changes that may lead to a loss of a business. In addition, not all businesses that close make a filing. BUSINESS CREATION BUSINESS DISSOLUTIONS, SURRENDERS, WITHDRAWALS PATENTS BY REGION INVENTORS & ASSIGNEES NEW BUSINESS REGISTRATION* COLUMBUS 2020 MONTHLY UPDATE | JUNE 2014 Crimson Cup Coffee & Tea plans to double its workforce over the next three years and expand into a second facility in Columbus as a result of rapid growth and success. The specialty coffee provider currently works with 350 independent business to distribute coffee across 30 states. The company is investing $1.1 million to build a larger manufacturing and R&D space. Greg Ubert, founder and president, said the Columbus Region has been a remarkable place to start a business and a great location for the company's distribution needs. 1,283 1,446 1,390 1,211 500 750 1000 1250 1500 Feb Mar Apr May 155 198 202 188 0 50 100 150 200 250 300 Feb Mar Apr May 96 26 60 19 113 31 85 36 Inventor Assignee Feb Mar Apr May
  7. 7. 6 ECONOMIC DEVELOPMENT NEWS COLUMBUS 2020 MONTHLY UPDATE | JUNE 2014 TRANSPORTATION & INFRASTRUCTURE POLICY & ADVOCACYCOLUMBUS REGION IN THE NEWS Ohio economic development is "killing it", especially Columbus In 2013, JobsOhio helped 258 companies expand, created 17,857 new jobs and added $3.6 billion in capital investment. The momentum is carrying through into 2014 as the active project pipeline is the largest it has ever been. Columbus in particular is expanding its global footprint with recent major wins including Amerijet International Inc. and Cathay Pacific Airways. http://bit.ly/1qfoctE New #lifeincbus campaign aims to lure Millennials to Columbus Experience Columbus launched a new external marketing campaign that targets a young audience in Washington D.C. and Chicago, where relocation potential is high, that includes billboards and advertisements online, in metro stations and in high-rise elevators. http://bit.ly/1kTXsQF ForgeX to bring the next big thing in Columbus tech Columbus investor and startup mentor Victor Thorne is leading a Central Ohio tech alliance that will tackle projects too risky for large corporations to build in-house - but may put those corporations at the forefront of disruptive change in their industries. http://bit.ly/1zpffUO For all of the latest news, visit: http://columbusregion.com/Media-center/Recent- News.aspx Task force created to focus on airport opportunities Mayor Michael B. Coleman has selected a group of public and private stakeholders to serve on the Jobs, Expansion and Transportation (JET) Task Force and evaluate making Port Columbus a regional transportation hub. The task force is charged with developing a plan to expand economic development, spur job growth and increase direct flights to and from the Columbus Region. The JET Task Force will issue a report of its findings in the fall of 2014. For more information, visit: http://bit.ly/1lRLdiv COTA plans to redo their service map Central Ohio Transit Authority (COTA) is working with Jarrett Walker & Associates to adjust their existing service lines. The proposed changes will add more high frequency routes and increase efficiency by eliminating less popular routes. The proposed changes would provide twice as many residents access to 15 minute service and help grow ridership. Creating a simpler, faster and more user- friendly bus system will create a more transit-friendly city and improve access to several employment areas. For more information, visit: http://bit.ly/1n7m837
  8. 8. Source: U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics, Seasonally Adjusted Source: Xceligent Source: Columbus REALTORS 7 $3.01 $9.48 Industrial Retail 6.3% 9.0% Source: Ohio Department of Job and Family Services Direct Asking Rent (per sf) Vacancy Rate Use Office 14.6% COMMERCIAL REAL ESTATE (AS OF JULY 1) HOUSING SALES $15.69 COLUMBUS 2020 MONTHLY UPDATE | JUNE 2014 REGIONAL ECONOMIC DATA NUMBER EMPLOYED AND UNEMPLOYMENT RATE (MAY 2014) NUMBER OF WEEKLY UNEMPLOYMENT CLAIMS (WEEK ENDING 3/29/14 TO WEEK ENDING 6/28/14) 4.9% (-2.8) Marion 26,649 (-366) 3.9% (-2.8) Knox 29,264 (+757) Unemployment rate (May2014) Number employed residents (May 2014) Change from May 2013 to May 2014 3.5% (-1.5) Delaware 93,099 (+1,487) 4.0% (-2.1) Fairfield 72,135 (+1,354) 4.0% (-2.1) Franklin 610,694 (+10,193) 3.9% (-2.7) Licking 81,552 (+1,559) 4.6% (-1.3) Madison 19,131 (+381) 4.2% (-3.4) Morrow 16,578 (+377) 4.6% (-2.9) Pickaway 23,374 (+459) 3.4% (-2.2) Union 26,089 (+503) 4.0% (-2.3) Logan 22,398 (+41) 0 400 800 1,200 1,600 2,000 2,400 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000 3/29 4/5 4/12 4/19 4/26 5/3 5/10 5/17 5/24 5/31 6/7 6/14 6/21 6/28 Continuing New 4,238 3,927 2,897 $176K 3,935 3,544 2,569 $184K New Listings In Contracts Closed Sales Average Sales Price May 2013 May 2014

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