Presentation of Corsicana, Texas - Corsicana and Navarro County

Presentation of Corsicana, Texas - Corsicana and Navarro County

Discover the Opportunities!
CORSICANA
T E X A S
TABLE OF CONTENTS
TABLE OF CONTENTS
CORSICANA, TEXAS
SECTION 1:
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COMMUNITY
HISTORY OF CORSICANA, TEXAS
POPULATION – CORSICANA, TEXAS (1850 – 2006)
QUALITY OF LIFE – CORSICANA, TEXAS
STRATEGIC LOCATION (TRANSPORTATION NETWORK)
NETWORK
DRIVE TIMES (SUPERIOR LOCATION)
AIR TRAVEL (AIRPORT ACCESSIBILITY)
SECTION 2:
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LABOR
NEW INDUSTRIAL JOBS & NEW CAPITAL INVESTMENT (1997 – 2006)
WORKFORCE AVAILABILITY – CORSICANA, TEXAS (60 MILES RADIUS)
INDUSTRIAL PARTNERS – CORSICANA, TEXAS
MAJOR EMPLOYERS – CORSICANA, TEXAS (NATURE OF BUSINESS & NUMBER OF EMPLOYEES)
AERIAL PHOTOGRAPH – CORSICANA, TEXAS (MAJOR EMPLOYERS WITH LOCATIONS
IDENTIFIED)
CITY MAP – CORSICANA, TEXAS (MAJOR EMPLOYERS WITH LOCATIONS IDENTIIFIED)
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SECTION 3:
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RECENT DEVELOPMENT
INDUSTRIAL EXPANSION PROJECTS – CORSICANA, TEXAS
COMMERCIAL & RETAIL DEVELOPMENTS – CORSICANA, TEXAS
MEDICAL & HEALTH FACILITIES – CORSICANA, TEXAS
RESIDENTIAL DEVELOPMENTS – NAVARRO COUNTY, TEXAS
RESIDENTIAL DEVELOPMENTS – CORSICANA, TEXAS
CITY MAP – RESIDENTIAL DEVELOPMENTS IDENTIFIED – CORSICANA, TEXAS
TEXAS HIGHWAY 31 RELIEF ROUTE (TXDOT: UPDATE)
WATER TRANSMISSION MAIN – CITY OF CORSICANA – INFRASTRUCTURE PROJECT
PAGE 2 –TABLE OF CONTENTS: CORSICANA, TEXAS
SECTION 4:
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RETAIL OPPORTUNITIES
RETAIL RECRUITMENT & DEVELOPMENT STRATEGIES
RETAIL TRADE AREA MAP
RETAIL TRADE AREA DEMOGRAPHICS SUMMARY
GAP ANALYSIS SUMMARY
RETAIL OPPORTUNITY – CORSICANA, TEXAS
CONTACT INFORMATION: ECONOMIC DEVELOPMENT DEPARTMENT
CITY OF CORSICANA/NAVARRO COUNTY, TEXAS
COMMUNITY
CORSICANA, TEXAS
HISTORY
1848
1849
1866
1871
1880
1894
1896
1898
1899
1923
1942
1946
1987
2000
2003
2004
2005
2006
FOUNDING – COUNTY SEAT FOR NAVARRO COUNTY
FIRST COURTHOUSE CONSTRUCTED (LOG CABIN)
OIL CITY IRON WORKS, INC. – FOUNDED
HOUSTON & TEXAS CENTRAL RAILROAD (UNION PACIFIC)
TEXAS & St. LOUIS RAILWAY (COTTON BELT)
DISCOVERY OF OIL – TEXAS OIL BOOM BEGINS
COLLIN STREET BAKERY
CORSICANA BECOMES OIL & INDUSTRIAL CENTER
CHAMBER OF COMMERCE – FOUNDED
POWELL OIL FIELD DISCOVERED (500 OIL WELLS)
AIR ACTIVITIES OF TEXAS – FLIGHT TRAINING (WW II)
NAVARRO JUNIOR COLLEGE – FOUNDED
RICHLAND CHAMBERS RESERVOIR – IMPOUNDED
RUSSELL STOVER CANDIES
KOHL’S DISTRIBUTION CENTER
FIRESTONE BUILDING PRODUCTS
PACTIV EQUIPMENT
NORTHROP GRUMMAN INFORMATION TECHNOLOGY
POPULATION
1850 - 2006
28,000
30,000
24,485
22,911
21,712
25,000
19,211
26,052
26,014
20,750
20,344
19,972
17,500
20,000
15,202
9,313
15,000
10,000
5,000
0
11,300
5,000
1,200
1850
216
1861 1885
1900
1923
1925
1930
1940
1950
1960
1965
1970
1980
(SOURCE: US CENSUS BUREAU, TEXAS ALMANAC)
1990
2000
2005 2006
QUALITY OF LIFE
CORSICANA, TEXAS
COMPONENT
DESCRIPTION
RATING
CRIME RATE
58.89/1,000 Population
EXCELLENT
CHURCHES
60+ Churches – All Faiths
EXCELLENT
COUNTRY CLUB
Corsicana Country Club
EXCELLENT
EDUCATION:
•COLLEGE:
Navarro College , Texas A&M – Commerce
•PUBLIC:
High School (1), Middle (1), Intermediate (1),
•PRIVATE:
EXCELLENT
Elementary (4), Academy (1)
EXCELLENT
K – 8th Grade (1)
EXCELLENT
FINANCIAL
Banks & Banking Associates (10)
EXCELLENT
GOLF COURSES
Two – 18 Holes (Public & Private)
EXCELLENT
HOSPITAL
Navarro Regional (162 Beds)
EXCELLENT
LAKES
3 Lakes (50,000+ Acres)
EXCELLENT
PARKS
12 parks (371+ Acres)
EXCELLENT
ARTS
Palace Theatre, Cook Center, Pearce
EXCELLENT
Civil War & Western Art Museum,
The Navarro Council of the Arts
STRATEGIC LOCATION
SUPERIOR LOCATION
53 MILES S. OF DALLAS
70 MILES E. OF FT. WORTH
231 MILES N. OF SAN ANTONIO
187 MILES N. OF HOUSTON
54 MILES E. OF WACO
TRANSPORTATION NETWORK
INTERSTATE 45 (6 LANES)
U.S. HIGHWAY 287 (4 LANES)
TEXAS HIGHWAYS 31 & 22
98% of the world reached in 24 hrs. (dfw)
DRIVE TIMES
SUPERIOR LOCATION
•DALLAS
50 MINS.
•FT. WORTH
60 MINS.
•DFW AIRPORT 1HR. 10 MINS.
•AUSTIN
2 HRS. 20 MINS.
•SAN ANTONIO 3 HRS. 25 MINS.
•HOUSTON
50 MILLION PEOPLE & 70+ MAJOR MARKETS (24 hrs.)
3 HRS.
AIR TRAVEL
AIRPORT ACCESSIBILITY
•D/FW AIRPORT 1HR. 10 MINS.
•3rd BUSIEST IN WORLD
•2,150 FLIGHTS / DAY
•160 DESTINATIONS WORLDWIDE
•DALLAS LOVE
60 MINS.
•249,400+ flights in 2004
•Two Airlines serving 60 cities
•C. DAVID CAMPBELL 8 MINS.
•Jet-A Fuel
4 HOURS TO EAST & WEST COASTS
•5,000 FT. RUNWAY
LABOR
New Industrial Jobs
& New Capital Investment
1997 - 2006
701
New Industrial Jobs Created
$167,952,203
New Capital Investment
INDUSTRIAL PARTNERS
Corsicana, Texas
MAJOR EMPLOYERS
CITY OF CORSICANA, TEXAS
COMPANY NAME
NATURE of BUSINESS
NUMBER of
EMPLOYEES
Russell Stover Candies
Candy Manufacturing
825
Corsicana Independent School District
Government/ Education
802
Collin Street Bakery
Food
766
Guardian Industries
Glass Manufacturing
390
Navarro Regional Hospital
Hospital
350
Texas Youth Commission
Government/ State Home
338
Navarro County
Government/ County
284
City of Corsicana
Government/ City
304
Navarro College
Education
264
Kohl's Distribution Center
Warehousing/ Retail
200
Kohl's Call Center
Call Center/ Retail
250
Oil City Iron Works
Castings
200
Corsicana Bedding
Bedding
190
Lance Mfg, LLC
Manufacturing/ Snack Foods
170
Trinity Mother Francis
Health Care
156
Home Depot Distribution Center
Building Materials
250
Tru-Serve/ True Value Distribution Center
Distribution/ Hardware
152
JELD-WEN, inc.
Windows & Doors
135
Northrop Grumman Information Technology
(Northrop Grumman Corporation)
Information Technology
(Includes Part Time)
(Formerly Tom's Foods)
60
WORKFORCE AVAILABILITY
CORSICANA, TEXAS
VAST LABORFORCE
•10 MILES:
14,111
•20 MILES:
29,005
•30 MILES:
66,415
•40 MILES:
152,250
•50 MILES: 1,196,064
•60 MILES: 1,411,310
1.4+ MILLION WORKERS WITHIN 60 MILES
RECENT DEVELOPMENT
INDUSTRIAL EXPANSION PROJECTS
• Northrop Grumman Information Technology (60 FTE’s – 100’s FTE’s)
• Kohl’s Call Center (225+ FTEs: Grand Opening in September 2006)
• Lance Mfg, LLC – ($7.5 MM; 50 FTE’s)
• JELD-WEN, inc – ($3.89 MM; 35 FTE's)
• Guardian Industries – Fall 2006 ( $19.2 MM; 209 Jobs Retained)
• Oil City Iron Works – 13th Avenue Expansion Project
• Industrial Pipe Fittings – (50+ FTE’s)
COMMERCIAL & RETAIL DEVELOPMENTS
• La Quinta Motel
• 50 Rooms
• Texas Highway 31 on Regal Drive
• The Hampton Inn & Suites
• 79 Rooms
• I-45/US Highway 287 on Bryan’s Way (across from Holiday Inn)
• Collin Street Bakery
• Opened November 2006
• Sales Exceeding Projections
• Office Depot Retail Store
• Corsicana Crossing Retail center (adjacent to Chili’s)
MEDICAL & HEALTH FACILITIES
• Navarro Regional Hospital
• Professional Offices Expansion Project
• 41,000 SF
• 2 Stories in Height
• Planned Completion – July 2007
• Heritage Oaks Retirement Village
• 7 Units
• 6,871 SF
RESIDENTIAL DEVELOPMENTS
• Navarro County
• 4,000 Single Family (SF) Lots – Planning and/or Development
o 3,000 SF Lots Located in the Richland Chambers Vicinity
• The Shores on Richland Chambers Lake
• 500+ SF Lots Completely Developed
• Final 2 Phases Under Development (60+ SF Lots)
• $23 Million in Sales Closed in 2006
• Next Phase: 200 Acres – South Side of Richland Chambers
RESIDENTIAL DEVELOPMENTS
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•
City of Corsicana – Single Family
1. The Links – 34 Single family (SF) Lots
2. Dobbins Crossing – 17 SF Lots
3. Stonegate – 100 SF Lots
4. Fairway Acres – 200+ SF Lots
5. Park Place – 15 SF Lots
6. Magnolia Village – 97 SF Lots
7. Wilson’s Ridge – 41 SF Lots
City of Corsicana – Multi-Family
8. Winvale Apartments – 77 Units
9. The Villas – 105 Units
7
4
1
1
2
Ro
ute
-E
ast
5
Hw
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3
TX
8 6
1R
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9
TX Hwy 31 Relief Route - West
Single Family (SF) Residential Developments
1. The Links – 34 SF Lots
2. Dobbins Crossing – 17 SF Lots
3. Stonegate – 100 SF Lots
4. Fairway Acres – 200+ SF Lots
5. Park Place – 15 SF Lots
6. Magnolia Village – 97 SF Lots
7. Wilson’s Ridge – 41 SF Lots
Multi-Family (MF) Residential Developments
8. Winvale Apartments – 77 MF Units
9. The Villas – 105 MF Units
TEXAS HIGHWAY 31 RELIEF ROUTE
(Phase I - SH 31 west to US 287; Phase II - US 287 to SH 31 east)
• Environmental Assessments (Phase I and Phase II) - Currently in Austin for review and approval.
• Public Hearing - After approval, a public hearing will be scheduled Early to mid-summer would be the
earliest for this meeting.
• ROW - Acquisition cannot begin until the public hearing is complete and comments are addressed.
• The ROW for Phase I has been surveyed and ready for acquisition.
• Phase II has not been surveyed or mapped.
• Construction Plans - Construction plan development has started by a design section in our TxDOT Dallas
District Office. We have met with them to discuss specifics of the project as their work progresses.
• Funding - The SH 31 relief route is not fully funded at this time. We have met with the Dallas Deputy
District Engineer, the City of Corsicana and Navarro County to discuss funding alternatives to accelerate
the project.
• Letting - Tentative letting date for Phase I is October 2009. Phase II is planned for a later date.
• (These dates are contingent on EA approval, ROW acquisition, plans and funding coming together
as planned.)
(Source: Darwin J. Myers, P.E., TxDOT Navarro County Area Engineer)
WATER TRANSMISSION MAIN
CITY OF CORSICANA, TEXAS
• Project Name: Richland Chambers Raw Water Transmission Main
• Size: 36” Diameter
• Projected Cost: $17 Million
• Length: 64,680 LF (12.25 Miles)
• Connection Points: Richland Chambers with Lake Halbert
• Capacity: 8 Million Gallons per Day (MGD) up to 24 MGD
RETAIL OPPORTUNITIES
Retail Gap Analysis • City of Corsicana/Navarro County, Texas
Retail Trade Area Map
Corsicana, Texas
Demographics Summary
Area Population (2006)
Average Household Income
Per Capita Income
Population by Race/Ethnicity
White
Black or African American
Other
Hispanic Origin
Median Age
RTA
147,775
$49,752
$18,575
COMMUNITY
25,565
$43,264
$15,463
75.07%
12.47%
12.46%
54.74%
22.64%
22.62%
18.72%
31.03%
35.61
31.54
Gap Analysis Summary
SIC
521
523
525
526
527
53
541
542
543
544
545
546
549
551
552
553
554
555
556
557
559
561
562
563
564
565
566
Retail Sector
Lumber and Other Building Materials
Paint, Glass and Wallpaper
Hardware Stores
Retail Nurseries and Garden
Mobile Home Dealers
General Merchandise Stores
Grocery Stores
Meat and Fish Markets
Fruit and Vegetable Markets
Candy, Nut and Confection Stores
Dairy Products Stores
Retail Bakeries
Miscellaneous Food Stores
New and Used Car Dealers
Used Car Dealers
Auto and Home Supply Stores
Gasoline Service Stations
Boat Dealers
Recreational Vehicle Dealers
Motorcycle Dealers
Automotive Dealers, NEC
Men's and Boys' Clothing Stores
Women's Clothing Stores
Women's Accessory and Specialty Stores
Children's and Infants' Wear
Family Clothing Stores
Shoe Stores
Potential Sales
$76,652,170
$14,707,510
$29,023,340
$19,735,710
$6,626,139
$168,263,400
$213,058,900
$5,546,436
$3,201,610
$565,633
$155,732
$2,695,352
$16,011,170
$267,974,200
$47,305,380
$53,429,430
$36,188,030
$5,498,518
$7,724,593
$6,492,804
$9,938,167
$3,763,076
$6,764,683
$996,890
$1,301,582
$7,045,937
$9,620,454
Est. Actual Sales
$36,500,000
$6,500,000
$21,500,000
$5,500,000
$4,500,000
$120,200,000
$51,700,000
$1,600,000
$0
$200,000
$0
$0
$4,500,000
$59,800,000
$22,500,000
$11,000,000
$6,000,000
$21,600,000
$3,100,000
$3,000,000
$0
$200,000
$2,500,000
$100,000
$200,000
$3,200,000
$1,700,000
Surplus/Leakage
-$40,152,170
-$8,207,508
-$7,523,343
-$14,235,710
-$2,126,139
-$48,063,410
-$161,358,900
-$3,946,436
-$3,201,610
-$365,633
-$155,732
-$2,695,352
-$11,511,170
-$208,174,200
-$24,805,380
-$42,429,430
-$30,188,030
$16,101,480
-$4,624,593
-$3,492,804
-$9,938,167
-$3,563,076
-$4,264,683
-$896,890
-$1,101,582
-$3,845,937
-$7,920,454
% Surplus
-52%
-56%
-26%
-72%
-32%
-29%
-76%
-71%
-100%
-65%
-100%
-100%
-72%
-78%
-52%
-79%
-83%
293%
-60%
-54%
-100%
-95%
-63%
-90%
-85%
-55%
-82%
Gap Analysis Summary (Continued)
SIC
569
571
572
573
5812
5813
591
592
593
5941
5942
5943
5944
5945
5946
5947
5948
5949
596
598
5992
5993
5994
5995
5999
Retail Sector
Miscellaneous Apparel and Accessory Stores
Home Furniture and Furnishing
Household Appliance Stores
Radio, TV, and Computer Stores
Eating Places
Drinking Places
Drug Stores and Proprietary
Liquor Stores
Used Merchandise Stores
Sporting Goods, Bicycle and Gun Stores
Book Stores
Stationery Stores
Jewelry Stores
Hobby, Toy and Game Shops
Camera and Photography Supply Stores
Gift, Novelty and Souvenir Shops
Luggage and Leather Goods Stores
Sewing, Needlework and Craft Stores
Non-store Retailers
Fuel and Ice Dealers
Florists
Tobacco Stores and Stands
News Dealers and Newsstands
Optical Goods Stores
Miscellaneous Retail Stores, NEC
TOTALS
Potential Sales
$6,317,801
$49,217,910
$8,398,040
$121,582,000
$192,347,100
$6,433,428
$32,187,970
$4,018,809
$9,619,412
$5,802,169
$3,492,760
$11,840,280
$5,506,331
$5,860,503
$1,042,724
$8,556,896
$281,254
$1,072,412
$20,454,990
$1,494,814
$3,922,974
$545,841
$506,257
$2,827,646
$58,193,040
Est. Actual Sales
$900,000
$13,500,000
$1,200,000
$11,900,000
$42,300,000
$800,000
$7,900,000
$200,000
$2,200,000
$500,000
$200,000
$2,000,000
$500,000
$2,300,000
$0
$2,200,000
$0
$0
$1,600,000
$2,300,000
$1,600,000
$500,000
$300,000
$100,000
$47,400,000
Surplus/Leakage
-$5,417,801
-$35,717,910
-$7,198,040
-$109,682,000
-$150,047,100
-$5,633,428
-$24,287,970
-$3,818,809
-$7,419,412
-$5,302,169
-$3,292,760
-$9,840,278
-$5,006,331
-$3,560,503
-$1,042,724
-$6,356,897
-$281,254
-$1,072,412
-$18,854,990
$805,186
-$2,322,974
-$45,841
-$206,257
-$2,727,646
-$10,793,040
% Surplus
-86%
-73%
-86%
-90%
-78%
-88%
-75%
-95%
-77%
-91%
-94%
-83%
-91%
-61%
-100%
-74%
-100%
-100%
-92%
54%
-59%
-8%
-41%
-96%
-19%
$1,581,810,000
$530,000,000
-$1,051,810,000
LEAKAGE
Retail Trade Area
Summary
2006 Estimates
• Corsicana Population: 25,565
• Trade Area Population: 147,775
• Average HH Income:
$49,752
• Median HH Income:
$37,567
• Per Capita Income:
$18,575
• Median Age:
35.61
• Average Age:
37.57
Discover the Opportunities!
Corsicana, Texas
Contact:
Lee McCleary
City of Corsicana/Navarro County
Economic Development Director
200 North 12th Street
Corsicana, Texas 75110
Office: 903.654.4803
Direct: 903.654.4806
Cellular: 972.935.3187
Fax: 903.654.4999
E-mail: [email protected]
http://www.ci.corsicana.tx.us
Discover the Opportunities!
CORSICANA
T E X A S