Business Outreach

Bringing Business
Together with Community:
&
Woodbury Business
Update:
Business Outreach:
• Active business retention program since
the 1980s
• Renewed emphasis as part of our
Economic Development Strategic Plan
• Findings reported as part of Community
Development Annual Report
• Meeting with a diverse range of local
businesses
• 27 businesses in 2013
• 25 businesses planned for 2014
Business Outreach:
What our Businesses Say?
• East Metro hub - Everything
is here!
• Convenient location; easy
access to freeways/entire
metro area
• Close to MSP International
Airport
• Close to Mall of America
• Close to St. Paul,
Minneapolis and Wisconsin
Business Outreach:
What do our Businesses Say?
• Positive business growth
• Amenities for employees
– Close to services, shopping and restaurants
• Retail is a draw and is complementary to businesses
• Leverage the medical campus district
Business Outreach:
What do our Businesses Say?
•
•
•
•
Strong demographics
Consistent community leadership and vision
Business-friendly; welcoming
Positive reputation
New Welcome to Woodbury picture
Unemployment Trends:
12.0
8.0
6.0
4.0
6.5
2.0
4.9
13-County Metro Area Unemployment
US Unemployment
Feb-14
Feb-12
Feb-13
Woodbury Unemployment
Feb-11
3.5
Feb-10
Feb-09
0.0
Feb-08
Unemployment (%)
10.0
Where are the jobs?
Manufacturing
Accommodation &
Food Services
Retail Trade
Health Care &
Social Assistance
16%
4%
27%
23%
10%
9%
11%
Finance &
Insurance
Educational
Services
Professional &
Business
Services
New Commercial Construction
800
717
700
600
500
400
335
300
200
100
0
232
138
165
118
36
5
26
New Commerical Construction Square Feet (in thousands)
40
Woodbury Community
Development Update:
Anytime Fitness & Children’s Hospital Clinic
New
Woodbury Plaza
Multi-Tenant
Retail
Gateway Corridor
• Connect the east metro to St. Paul and Minneapolis
• Addresses growth in traffic
• Increase transit services to eastern suburbs
New Phase 2 Development
Bielenberg
Sports
Center
East Ridge
High School
New Home Construction:
1400
1287
1200
1000
981
800
713
600
400
491
522
432
342
200
255
286
374
387
0
2003 2004
2005 2006
2007 2008
2009 2010
2011 2012
New Housing Units Constructed
2013
Home Values:
$400,000.00
$300,000.00
$304,000
$288,500
$302,700 $303,600
$267,700
$283,100
$258,100 $253,300
$235,700 $245,000
$200,000.00
$285,200
$100,000.00
$2004 2005
2006 2007
2008 2009
2010 2011
2012 2013
Average Values
2014
Special Recognition:
Business Development
Awards
New Construction
Cabela’s
June
2013
Today
New Construction
Chuck E. Cheese's
New Construction
Crossroads Commerce Center
New Construction
McDonald’s
New Construction
Tamarack Hills Retail
Welcome New Businesses!
Aqua Vitae Wine & Spirits
Jake's WayBack Burgers
Snyder Chiropractic
AT&T Store at City Walk
Jersey Mike's
Sola Salon Studio
Bella Beau Salon Spa
Little Sprouts Daycare
Stearns Lending
Big Frog Custom T-Shirts
Magical Minds Daycare
Stewart Title
Bruegger's Bagels at Commerce Hill Massage Retreat and Spa
Tamarack Hills Family Dentistry
Carlson's Piano World
McDonald's at Commerce Hill
The Emily Program
Cheers Pablo
Miley Nails & Pedicure
The Joint
Cowboy Jack's Saloon
O'Halloran & Murphy
The Salt Room
Delmonico Dance Studio
Olive Branch Oil & Spice Company The Woods
Eagleview Technologies
Pout In Pink
Title Boxing Club
EKARA
Prudential
Torrid
Energy Pilates and Fitness
Punch Pizza
Totally Tan
Euro Auto Works
Raffine Bridal & Formal Wear
Twin City Fireplace & Stone Company
European Wax Center
Reed Elservier
Verizon Store at Commerce Hill
Great Clips at Commerce Hill
S & F Corporation
Vom Foss
HellCat Design Group
Sisu
Woodbury Family Chiropractic
Image 360
Smokeless Smoking
Yakel Dance Studio
Top 10
Business Investment Awards
Top 10
Business Investment Awards
Top 10
Business Investment Awards
Top 10
Business Investment Awards
Top 10
Business Investment Awards
Top 10
Business Investment Awards
Top 10
Business Investment Awards
S & F Corporation
Top 10
Business Investment Awards
Top 10
Business Investment Awards
Top 10
Business Investment Awards
Thank you for attending!