Building Partnerships. Creating Opportunities.

MOMENTUM
Building Partnerships. Creating Opportunities.
The Round Rock Economic Development
Partnership’s mission is to create a climate
of growth, opportunity and success in the
Round Rock community. The Partnership
implements this mission through projects
and programs that strategically leverage
community assets to nurture and grow
local enterprises, expand and diversify the
existing economic base, and attract new
business entities.
Message to
Investors
Round Rock has been blessed with significant population growth, diverse and strong employers, hard
working citizens, and an incredible quality of life.
Over the past decade, leaders of both the public and private sectors of Round Rock have recognized the
value and impact of combining and leveraging our financial, political, and marketing resources to attract
new investment and grow existing businesses in Round Rock. Since 2004, a group of private sector
investors, known as Momentum, has provided funding to support the economic development programs
administered by the Round Rock Chamber of Commerce & Economic Development Partnership.
More than 90 companies and organizations committed nearly $1 million for three years, funding FY 2009
to FY 2012. Today, Momentum is launching its third campaign, which will fund economic development
activities from October 1, 2012 through September 30, 2017. As we embark on this campaign, we look
forward to strengthening our partnerships with you and creating new ones.
We believe the best is yet to come, and with your ongoing support, we look forward to continued success
during the next five years.
Mayor Alan McGraw, Chair
Economic Development Advisory Committee
strategic
investments
Round Rock is one of the fastest growing cities in the nation, and one of the best-managed cities in
Texas. Growing by more than 220% from 1990 to 2010, the city has maintained a high quality of life and
become a major center for economic growth in Central Texas.
In spite of the challenges of the “Great Recession,” our higher education and healthcare facilities have
expanded, existing businesses such as Dell, Toppan Photomask, IKEA, and others have grown, and
our downtown has become increasingly vibrant. We’ve most recently welcomed the headquarters of
Emerson Process Management to Round Rock as well as passed propositions to build an indoor sports
venue and increase investment in economic development.
Round Rock’s impressive growth reflects the vision and hard work of two generations of business,
civic, and government leaders, who leveraged Round Rock’s strategic location and seized growth
opportunities. A get-it-done, can-do attitude from all of our economic development partners has been
central to the city’s growth, progress, and prosperity.
POPULATION
GROWTH,
- 2010
POPULATION
GROWTH,1990
1990 - 2010
100%
97.70%
90%
79.12%
80%
70%
69.09%
63.38%
60%
47.69%
50%
37.33%
40%
30%
22.76%
20%
20.59%
10%
0%
Round Rock, TX
(99,887)
Williamson
County
(422,679)
Texas
(25,145,561)
Austin-Round
Rock-San
Marcos MSA
(1,716,289)
% change (’90-’00)
%change (’00-’10)
(2010 population)
Source: US Census
COST
OF LIVING
2011
COST OF
LIVING,
2011
As the city grows, the Partnership and its economic development partners must strive even harder to
advocate for the city, strategically leverage our resources, manage our land and infrastructure assets
wisely, and target growth towards industry sectors which offer the greatest opportunity for our citizens.
San Jose 151.2
140
120
Chicago 111.4
Denver 104
To keep this momentum going, your support and participation are more important than ever before.
National Average 100
100
Round Rock 87.5
80
Phoenix 98.3
Atlanta 97.5
Dallas 95.8
San Antonio 93.8
Ft. Worth 93.3
Austin 91.2
Houston 88.2
60
Source: Council for Community & Economic Research
2012 MAJOR EMPLOYERS
Name of Employer
Number of Employees
Dell, Inc.
13,000
Sears Teleserv 1,500
Round Rock Premium Outlets
800
Scott & White Healthcare
750
Emerson Process Management
750
St David’s Round Rock Medical Center
689
Texas Guaranteed Student Loan
625
Field Asset Services
450
Seton Medical Center Williamson
450
Wayne, A GE Company
438
TECO-Westinghouse Motor Company
370
Toppan Photomask
344
Michael Angelo's Gourmet Foods
320
Chasco Constructors
280
Liquidation Channel
270
Christianson Company
225
IKEA
210
CASA Mechanical Services
200
Wheeler Coatings Asphalt
185
Ichor Systems
170
Strengthening
our foundation
One of the most important activities of the Partnership is to support the growth of existing businesses in
Round Rock. This could mean assisting a local business expand into a larger facility or applying for a
Texas Enterprise Zone designation on behalf of a company. The Partnership, for example, helped secure
an Enterprise Zone designation for Sears Teleserv and Wayne, A GE Company in 2010.
The Partnership serves local and small businesses through a variety of activities:
EXISTING LOCAL BUSINESSES
Permitting: Helps local companies to quickly navigate the permitting process as they grow and expand.
Site selection: Assists companies in finding new locations in Round Rock once they have outgrown their
existing space.
Workforce recruitment and training: Coordinates support by local workforce boards and educational
institutions for companies seeking to hire and train employees.
Financial assistance: Assists companies in finding financial resources including incentives, grants,
enterprise zone designation, foreign trade zone status, and other resources.
Statistical data: Provides access to data including local wage and benefit information, demographics,
workforce data, taxes, cost of living comparisons, and more.
SMALL BUSINESSES AND ENTREPRENEURS
Resource development: Brings together groups within Williamson County that assist entrepreneurs and
small businesses and encourage their collaboration, coordination and cross-publicity.
Downtown development: Facilitates communication of priorities between downtown merchants and the
City as well as supports downtown growth and development.
ANTICIPATED GROWTH
ANTICIPATED
GROWTH,
FY 2011
FYE
2011
120.00%
100.00%
80.00%
60.00%
51.72%
Increasing
40.00%
20.00%
0.00%
24.14%
Stable
65.52%
44.83%
Sales
Market
Share
Source: Round Rock EDP
More than 50% of the Partnership’s retention visits are with small businesses of less than 50 employees.
In 2011, more than 50% of those surveyed through our Synchronist program anticipate increasing their
sales with 24% anticipating an increase in their market share. Since 2003, Round Rock businesses
have added the most new jobs in professional, scientific and technical services, health care and social
assistance, and retail trade.
We also know from our local businesses and from executives across the nation that workforce availability
and flexibility continue to be paramount to the location of new businesses and the success of existing
ones. Round Rock’s labor force continues to grow, adding more than 30% to the labor force from 2003
to 2010. Connecting our residents to educational resources is essential. As a result, our commitment
to and support from our educational partners is strong. These resources enhance Round Rock’s
competitiveness and are important tools for economic development.
BRE SYNCHRONIST
BUSINESS
BRE SYNCHRONIST
BUSINESSES
BY EMPLOYEE
SIZE 2011
BY EMPLOYEE
SIZE, 2011
5%
3%
9%
26%
1 - 20
21 - 50
51 - 250
251 - 450
27%
451 - 700
>700
30%
Source: Round Rock EDP
ROUND ROCK
CIVILIAN
LABORLABOR
FORCE
ROUND
ROCK CIVILIAN
FORCE
2003 - 2010
2003 - 2010
60,000
50,000
40,000
30,000
20,000
10,000
0
2003
2004
2005 2006
Employed
2007 2008
2009 2010
Unemployed
Source: Bureau of Labor Statistics
Capitalizing on
opportunities
The Partnership is also working to locate new businesses in Round Rock through leads generated
internally as well as in collaboration with the Greater Austin Chamber of Commerce and the Governor’s
Office of Economic Development and Tourism.
On a day-to-day basis, the Partnership is active with new and expanding business in the following ways:
CORPORATE CLIENTS/CONSULTANTS
Community analysis, marketing, and site selection: Provides information on currently available real
estate as well as finds new sites for potential clients. Market community assets and resources.
Statistical data: Maintains statistical information to provide to companies considering the area.
Permitting: Connects relocating companies with appropriate city departments.
Financial assistance: Helps expanding/relocating companies obtain incentives, grants and other support.
Workforce recruitment and training: Locates resources to address specific workforce needs.
Billions
TAXABLE
PROPERTY
TAXABLE
PROPERTY
VALUESVALUES
$10
$8
$6
$4
$2
$-
5
00
04
20
-2
20
05
6
00
-2
06
20
7
00
-2
07
20
8
00
-2
20
08
9
09
20
0
01
00
-2
-2
10
20
1
01
-2
11
2
01
-2
20
Source: City of Round Rock
In spite of the challenges of the “Great Recession,” Round Rock remains in growth mode. Since 2004,
taxable property values in the City have increased by 52%. The number of jobs in the City increased by
39% in that same time period.
This growth can attributed in part to the strength of our target industry sectors which include:
• Health Care and Biotechnology
• Supply Chain Development and Management
• Corporate Offices, Operations, and Support Services
• Computer Systems Development
• Clean Energy
• Retail
• Higher Education
These targets are the primary focus of the Partnership’s business attraction efforts.
ESTIMATED
JOBS
IN ROUND
ESTIMATED
JOBS
IN ROUND
ROCK ROCK
60,000
40,000
20,000
2004 2005 2006 2007 2008 2009 2010 2011
Estimated Jobs
Source: EMSI
ECONOMIC DEVELOPMENT
PARTNERSHIP ACTIVITIES
EDP ACTIVITIESFY 2008 - FY 2011
80
70
60
50
40
30
20
10
0
2007-2008
Leads Received
2008-2009
2009-2010
Proposals Submitted
2010-2011
Site Visits
Source: Round Rock EDP
ROUND ROCK ACHIEVEMENTS
2006
Round Rock Premium Outlets® opens a 430,000
SF/157 acre destination retail venue.
2004
H-E-B announces it will build its largest
grocery store at 155,000 SF in Round Rock.
The Seton Healthcare Network and Scott
& White both announce plans to build new
medical centers in northeast Round Rock.
The Central Texas Turnpike System opens a series
of connected toll roads in Williamson and Travis
Counties including SH 45 North, SH 130, and
183A.
The Alan R. Baca Center for Senior and
Community and Community Activities opens.
IKEA opens in north Round Rock, becoming the
largest single retail store in Central Texas.
Round Rock ranks as the 8th Safest City in the
US according to research firm Morgan Quitno.
Texas State University opens first building on
its new Round Rock campus, the 125,000 SF
Avery Building.
2005
2008
Seton Medical Center Williamson opens.
Austin-Round Rock metro area ranked No.
6 on Best Places to Live, Work and Play by
Kiplinger’s Personal Finance.
Round Rock ranked No. 7 on MONEY
magazine’s list of America’s Best Places to
Live.
Round Rock votes to be part of Austin
Community College’s taxing district, making
residents eligible for in-network tuition.
After negotiations with Union Pacific Railroad,
A.W. Grimes Boulevard opens from Gattis
School Road to US 79, providing a much
needed north-south arterial road.
Scott & White Hospital - Round Rock opens.
2007
2010
Austin-Round Rock-San Marocs
MSA ranked 2nd in the 2010 Milken
Institute Best-Performing Cities
Index.
Family Circle’s annual survey
ranked Round Rock among the Top
10 Towns for Families.
Scott & White Healthcare
announces expansion of services
and relocation of 10 specialties into
new Round Rock medical office.
Construction complete on Austin
Community College Round Rock.
Wayne, A GE Company (formerly
Dresser Wayne) receives Texas
Enterprise Zone designation and
retains of 400 jobs.
Sears Teleserv receives Texas
Enterprise Zone designation
and plans $5 M in building
improvements.
$38.7 million expansion of
Scott & White Hospital - Round
Rock announced with expected
completion in 2012.
Construction complete on Texas
State University’s School of
Nursing, a 77,740 SF facility.
Round Rock ranks No. 9 safest
among America’s cities greater
than 100,000 population.
Williamson County No. 2 in job
growth according to CNN.
Austin Community College breaks ground
on new Round Rock Campus.
Construction complete on 134,000 SF
Texas A&M Health Science Center.
2009
St. David’s Round Rock Medical Center
announces expansion of Oakwood
Surgery Center.
Williamson County named “Healthiest
County in Texas” in Centers for Disease
Control Study.
Emerson to move division headquarters
and 750 jobs to Round Rock.
2011
Seton Medical Center Williamson
receives certification as Level II Trauma
Center.
Dell opens 10,000 SF “customer
solutions center” at Round Rock HQ.
Toppan Photomask celebrates
grand opening of its new US eCover
production facility in Round Rock.
Round Rock Named in Top 10 Perfect
Suburbs List.
IKEA to expand central Texas store,
adding nearly 54,000 SF.
Round Rock voters significantly
increase commitment to economic
development.
Austin-Round Rock-San Marcos MSA
ranked Best Cities for Job Growth 2011.
Momentum Pacesetters
2009 - 2012
Strength in
Partnerships
The Round Rock Economic Development Partnership works diligently to live up to its name. Its
job is to bring together the partners necessary to support new and existing businesses. These
partners range from the City of Round Rock to Round Rock ISD to our post secondary educational
institutions, our utility providers, the real estate community and many, many others.
Partnerships work in Round Rock and it is because of partners like you that Round Rock has been
so successful.
LEAD INVESTORS, 2009 - 2012
American Constructors, Inc.
AT&T
Atkins
Brath, Inc.
Burke Real Estate Group
Bury & Partners, Inc.
Capitol Bearing Service
First Texas Bank Round Rock
Frost Bank
FTWOODS Construction
Hensel Phelps Construction Co.
Journeyman Construction, Inc.
Oncor Electric Delivery
Paloma Lake Development, Inc.
Texas Crushed Stone
University Federal Credit Union
Wheeler Coatings
INVESTORS PLUS, 2009 - 2012
AECOM
Endeavor Real Estate Group
HDR Enginering, Inc.
Jerald Winetroub Company
Nelson Investments
Randall Jones & Assoc. Engineering, Inc.
Reids Cleaners
Round Rock Express Baseball Club
Summit Commercial Industrial Properties
Texas A&M Health Science Center
INVESTORS, 2009 - 2012
Alan M. McGraw, Attorney at Law
Anchor Ventana Glass
Atmos Energy
Austin Marriott North - Round Rock
Austin Regional Clinic
Barnes Gromatzky Kosarek Architects
Bartlett Cocke General Contractors
BBVA Compass Bank
Beck Group
Century 21 Summit
Cerqa
CheckSmart Recovery & Verification
Chisholm Trail Financial Group
Don Quick & Associates
First State Bank Central Texas
Gatti-Land
Georgetown Railroad Company
Georgetown Title Company
GSC Architects
Halff Associates, Inc.
Healthcare Realty Trust
Hill Country Payroll
Huggins/Seiler & Associates, LP
Independent Bank
Insurepointe of Texas, Inc.
John C. Lewis Company
K Friese & Associates, Inc.
KAHickman Architects and Interior Designers
Klotz Associates, Inc.
Leffingwell and Associates, PC
Liberty Mutual
Live Oak-Gottesman Development, Inc.
Maxwell Locke & Ritter, LLP
McCreary, Veselka, Bragg & Allen P.C.
McGinnis, Lochridge & Kilgore, LLP
Minuteman Press Round Rock
Moman Architects, Inc.
Musco Sports Lighting
Newland Communities
PlainsCapital Bank
R Bank Texas
Regions Bank
Renaissance Painting & Roofing
Roy Beard
Sheets & Crossfield, PC
Steve T. Matthews Company
Sysco Food Services
Texas Capital Bank, N.A.
TNT Financial Services, Inc.
Wag-A-Bag
Watkins Insurance Group
Be a part of
the Momentum
ECONOMIC DEVELOPMENT PARTNERSHIP INCOME
ECONOMIC
DEVELOPMENT
INCOME
FY 2009-2011
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$2004
2005
2006
2007
Momentum
2008
2009
2010
2011
City
Source: Round Rock EDP
ECONOMIC
DEVELOPMENT
EXPENDITURES
Economic
Development Exependitures
FY 2011 FY 2011
Marketing
Economic
8%
Opportunity
Fund
Business
14%
Retention and
Expansion
General and
20%
Administration
24%
Research
8%
Special Events Business
5%
Attraction
21%
Source: Round Rock EDP
The work of the Partnership is critical for the future of our city and for your business. We stimulate job
growth. We encourage business investment. We foster wealth creation. All of these create an economic
ripple effect that impacts Round Rock and region. Everyone benefits directly or indirectly. When a
company expands or locates in Round Rock, that means more jobs for the area. This leads to increases
in wages and salaries which leads to home purchases, retail spending, and so on.
Because of this multiplier effect, the success of the Partnership is directly linked to increased opportunity
for all local companies. Together, we develop a more competitive, diverse business climate and nurture
an environment where all of us can grow.
For almost a decade, the private sector has demonstrated its long-term commitment to building a
prosperous and diverse business environment for Round Rock. Because of this proven support, our
fundraising goal for Momentum 3 is $1.5 million in total commitments over the next five years. By raising
these private funds, we will be able to leverage $2.25 million in public sector funds.
We are counting on you to keep the momentum going.
Economic Development
Partnership Goals - 2012
Business Attraction
• Aggressively promote Round Rock as a
profitable location for relocation of new
businesses.
• Establish/maintain relationships with site
selectors and developers.
• Build upon the performance metrics and
tracking system established in 2011.
Business Retention & Expansion
• Assist businesses by addressing their
immediate issues and concerns.
• Promote and conduct events that promote
collaboration, education and recognition for
local business.
• Administer standardized survey to gain
deeper insight into local industry and business
conditions.
Entrepreneurship and Small
Business Development Program
• Bring together groups within Williamson
County that assist entrepreneurs and small
businesses and encourage their collaboration,
coordination, and cross-publicity.
• Establish and execute a small business
BR&E program.
• Emphasizing “shop local” messages.
Workforce Development Program
• Support Round Rock ISD in developing the
talent, skills, and workforce readiness of
Round Rock students.
• Promote a dialogue between employers,
Round Rock ISD, and local colleges and
universities.
• Expose Round Rock businesses to available
local and regional workforce programs.
• Conduct wage and benefits survey.
Downtown Development
• Provide a platform for downtown merchants,
property owners and interested parties to
encourage economic vitality in the downtown
district.
MOMENTUM
INVESTOR BENEFITS
The lynchpin behind Round Rock’s stunning growth and its promise for an even brighter future is the Economic
Development Partnership between the City, Momentum investors, and the Chamber of Commerce. Momentum
investors play an instrumental role by helping to fund and advise the Partnership.
The benefits of each Momentum investor level are detailed here. The total contribution reflects a five
year commitment.
PaceSetter
Lead Investor
Investor Plus
Sponsorship opportunities for high visibility Momentum events
P
One seat on the Economic Development Advisory Committee
P
Enhanced listing on the EDP website as a “Pacesetter” investor
P
Annual meeting between the investor and a delegation of the permanent members of EDAC
P
Assist in establishing economic development goals and priorities
P
Host opportunities for visiting executives and site selectors
P
P
Participate in appropriate EDP-sponsored panel presentations and roundtable discussions
P
P
Personal visits from Chamber CEO or VP of Economic Development at your office to discuss
economic development issues and opportunities
P
P
Participation in the EDP’s “Pipeline Preview,” a quarterly overview of business attraction and
expansion activity presented by the business development team
P
P
P
Invitations to special events such as welcome receptions for relocating businesses
P
P
P
Recognition with a business highlight/company profile in the Momentum e-newsletter
P
P
P
Investor
P
P
P
P
4 invitations
3 invitations
2 invitations
1 invitation
Invitation to annual Industry Appreciation Night
P
P
P
P
Notification of breaking business news announcements and “investor only” alerts
P
P
P
P
Recognition on EDP’s website with a 100-word company description that includes investor’s company
logo and link to investor’s website
P
P
P
P
Recognition with a listing in the Momentum investor directory, a printed resource that is distributed to
business prospects
P
P
P
P
Subscription to Momentum’s e-newsletter
P
P
P
P
Access to customized research
P
P
P
P
Recognition in all EDP/Momentum printed materials
P
P
P
P
$2,500/quarter
$1,250/quarter
$600/quarter
$300/quarter
$10,000/year
$5,000/year
$2,400/year
$1,200/year
$50,000+
$25,000
$12,000
$6,000
Invitation to each Momentum quarterly luncheon
Investment
Levels
Quarterly Payment
Annual Payment
Total Five Year Commitment
212 East Main St.
Round Rock, Texas 78664
512-255-5805
www.RoundRockTex.com
Copyright 2012 Round Rock Chamber of Commerce