Presentation of Corsicana, Texas - Corsicana and Navarro County
Transcription
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: • • • • • • 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: • • • • • 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) • SECTION 3: • • • • • • • • 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: • • • • • 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 • • 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 y3 3 TX 8 6 1R elie f 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