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Resolution - 2019 - 19-31 - Adopt The 2020-2025 Economic Development Stategic Plan - 12/18/2019 RESOLUTION NO. 19-31 A RESOLUTION OF THE EAGLE CITY COUNCIL EAGLE, ADA COUNTY, IDAHO, ADOPTING THE 2020-2025 EAGLE ECONOMIC DEVELOPMENT STRATEGIC PLAN; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on October 24, 2017 the Eagle City Council approved the repeal of the 2015 Eagle Comprehensive Plan and adoption of the 2017 Eagle is HOME Comprehensive Plan; and WHEREAS, the Mayor and City Council recognizes economic development is important to the City to ensure the financial viability and quality of life of the City; and WHEREAS, the 2020-2025 Eagle Economic Development Strategic Plan supports the City's 2017 Eagle is HOME Comprehensive Plan; and WHEREAS, the proposed 2020-2025 Eagle Economic Development Strategic Plan will guide Eagle's economic growth over the next five years and provides a focus for current and future economic development efforts; and WHEREAS, the strategy outlines a set of goals and action items which form an integrated framework by which the City should approach and fulfill its economic development role and responsibilities; and WHEREAS, adoption of the 2020-2025 Eagle Economic Development Strategic Plan will guide the City and other agencies in developing plans, programs, projects and policy changes for future implementations. NOW THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF EAGLE, IDAHO. Section 1: The Eagle City Council hereby adopts the 2020-2025 Eagle Economic Development Strategic Plan. Section 2: This resolution shall be in full force and effect immediately upon its adoption and approval. ADOPTED by the Council of the City of Eagle, Idaho, this 18th day of December 2019. `,aa4digililil4, CITY OF EAGLE ♦'�, ' EAGi Y. :♦ .� •.. •.p Ada County, Idaho • o • : • V I . st, �s STAN RIDGE AY, ••0• MAYOR •o,,`1 TE O\ toss •••••111f ♦ https://cityofeagle.sharepoint.com/sites/CityCouncilDocuments/Shared Documents/Council Packets/CC-12-18-19/19-31 Adoption of Eagle 2020-2025 Economic Development Strategic Plan.doc ATTEST: 1.4 ; - -SHARON K. BERGMAN, CITY CLERK/TREASURER https://cityofeagle.sharepoint.com/sites/CityCouncilDocuments/Shared Documents/Council Packets/CC-12-18-19/19-31 Adoption of Eagle 2020-2025 Economic Development Strategic Plan.doc EAGLE ECONOMIC DEVELOPMENT Strategic Plan 20-202 The #1 regional destination of choice for quality of place . BEPQUFE230290312: Connect. Inspire. Grow. Achieve. TABLE OF CONTENTS Introduction Executive Summary Regional Map Plan Desciption -1 Community Conditions & Market Analysis 1-3 Competitive Assessment 3-4 Target Industry Report/Analysis - Strategic Plan -1 Attachment A: Highlights of Market Analysis 1-1 Strategic economic development plans are integral to “The economic achieving sustainable and measurable economic growth, as well as quality of place. With a formal development strategy, communities can take control of their economic development, set clear and attainable plan provides a economic development objectives, and design policies and programs to achieve them. Without one, comprehensive the City’s economic future is reactive at best. overview of the This document represents the Economic Development Strategic Plan (EDSP) for the City of economy, sets Eagle, Idaho. The Plan is intended to set forth the policy direction core objectives, strategies, and actions for the future economic growth and development of the City over for economic the next five (5) years (2020-2025). As a guiding document, the Plan provides an analysis of the growth, and present economic conditions, along with the opportunities, strengths and challenges in Eagle. It identifies gives targeted direction for future investment needs strategies, with a focus on attracting, retaining, and growing talent and businesses within Eagle. The Plan is programs, and written to compliment the goals and policies already set in place through the City’s Comprehensive Plan, projects to and is meant to coordinate with the visions, goals and objectives of the Eagle Urban Renewal Agency and improve the the Eagle Chamber of Commerce. economy.” The Plan is ultimately a tool for Eagle to take proactive steps towards economic development policies and programs, and successfully meet the challenges of the local economy. 1 EXECUTIVE SUMMARY The City of Eagle is a vibrant and growing city located in southwest Idaho; nestled between the Boise River and the foothills. Located a short distance northwest of the capital city of Boise, Eagle uniquely blends both urban and rural to create an environment that provides its residents, commuter workforce, and visitors all the quality of life amenities and conveniences needed without the hustle and bustle of big city living. Historically, Eagle has been a “bedroom community”, but the tremendous growth over the past decade in the metropolitan area and Eagle has created new opportunities for growing and diversifying our local economy, thus increasing the community’s overall economic health. Eagle is now at a crossroads for commerce in North Ada County. Bringing in more industry and business will help increase and diversify the tax base. The City of Eagle has recognized the opportunities that lie ahead and have made great efforts in planning for a complete community as they look forward, as shown in the most recent “Eagle is HOME” Comprehensive Plan completed in 2017. Even though more and more companies are recognizing the high quality of life factors and benefits of investing in Eagle, their still exists a large percentage of residents commuting out of the city for employment. This out commuting is due to the absence of land and industry needed to support the number of workers in specific occupations. In addition to residents traveling out of Eagle for work, there exists a large number of non- residents traveling into Eagle for work, particularly in the service-producing industry sector. This reverse-commuting is likely due to the lack of housing options to accommodate varying income levels and to meet the needs of personal housing preferences. A more detailed analysis of occupations, education and industry clusters are included within the plan. Residents, workers and visitors enjoy the beautiful well-designed neighborhoods, excellent schools, abundant recreational choices, attractive retail and commercial developments, and all of the other quality of life amenities Eagle has to offer, but many residents spend their discretionary income elsewhere, which has resulted in a large amount of retail leakage. The challenges associated with expedient growth of a community was and continues to be a concern to city government, citizens and local businesses. Therefore, in response to the many discussions and expressions of concern voiced on the issue and through the comprehensive planning process, the decision was made to hire a full-time economic development person, with one of the priority goals being to develop an Economic Development Strategic Plan for Eagle. 2 City of Eagle, Idaho Regional Setting 3 Plan Purpose This document serves as a framework for understanding both the City’s current economic climate and the means by which the City can sustain and enhance its economic success. The Economic Development Strategic Plan (EDSP) acts as an extension to the City of Eagle Comprehensive Plan. It shares the community vision presented in the Comprehensive Plan but provides more definitive goals and expectations for the Economic Development Department and the City of Eagle, while still aligning itself to the Comprehensive Plan. The EDSP should guide the City’s staff, committees and stakeholders for a period of five years with a goal of increasing the impact of economic development on the city and the region by 2025. It serves as a blueprint for city policy makers and the public at large. It functions as a guide for the development of new economic development activities and policies that will serve to benefit the City of Eagle, its businesses, and its residents. Plan Preparation Development of an economic development strategic plan requires an understanding of the community and its local conditions, and analysis of the demographics and trends related to the targeted growth sectors. This data creates a profile of the City’s economy and the influences that shape the Economic Development Strategic Plan (EDSP). The Community Conditions section presents a detailed look at the community’s context and provides a baseline assessment of the existing conditions that drive the economy in Eagle. A SWOT analysis highlights the City’s strengths, weaknesses, opportunities and perceived threats. Information obtained throughout the plan preparation and research process has been used to develop a set of strategic recommendations that address the community’s challenges and opportunities and helps build upon the City’s strengths. Opportunities and challenges that come from both its internal economic and demographic transitions, as well as the influence of neighboring Meridian to the south, Star to the west, and Garden City and Boise to the east are also addressed in the plan. Plan Content The Core Goals and Objectives section outlines the goals of the Economic Development Strategic Plan (EDSP). Each goalis discussed with potential opportunities for long-range support of current and future economic development approaches and strategies to meet each goal. Individual action steps are listed to address every plan strategy. Actions are described in categories and are in short-term (1-2 years) and long-term (2-5 years) ranges based on the plan’s five-year outlook. In short, the City of Eagle’s EDSP presents implementation steps that are broad as well as focused. Broad implementation steps benefit the entire community and its economic success as a whole. Focused steps are based on specific targeted areas where future 4 growth is anticipated or where needs have been identified. The implementation steps are intended to provide development recommendations to facilitate the future economy and balance community needs at the present and for future economic growth. Plan Context This plan encompasses the realization that change is inevitable; by establishing a planning and economic development program that is broad-based and long-term, and that addresses a range of conditions and possibilities, growth can be managed. Traditionally, economic development programs have concentrated on business attraction (primarily industrial recruitment), business retention, and job creation. However, because economies and trends have changed considerably compared to 20 or 30 years ago, economic development professionals have redefined their focus to increasing the capacity of their community by identifying and using resources for long-term growth. How to Read the Plan The Economic Development Strategic Plan offers an honest evaluation of Eagle’s economic challenges and opportunities, informed by quantitative analysis, reviews of national best practices, and qualitative input from stakeholders. The Economic Development Strategic Plan is not designed to be utilized as a detailed work plan or a binding document for any of the partners referenced, but rather as a blueprint for greater economic prosperity. It provides a holistic set of goals and strategies designed to ensure economic vitality through new investment, job creation, and enhancement of the City’s quality of place (the physical characteristics of a community; the way it is planned, designed, developed and maintained). However, it is not expected that every strategy will be implemented. Instead, the document provides latitude in prioritizing how and what specific strategies are chosen based on those with the greatest impact as economic conditions change. The document is meant to have flexibility in order to adjust the general strategies including adding or subtracting from the strategies contained in this document to respond to economic changes and opportunities as they arise based on the guiding principles and the vision of the EDSP. The Economic Development Strategic Plan is not the responsibility of any single organization to implement. It is a strategy for the entire community and will require many engaged partners for it to be successful. The EDSP should not be seen as a static document, but as one that invites revisions and amendments as conditions change. For this reason, Eagle should take a dynamic approach to implementation—one that revisits this plan on an annual basis to ascertain progress and to reprioritize strategies and actions as needed. 5 City Vision In 2017, the Eagle City Council established a vision for the community through their comprehensive planning process, along with strategic priorities that define that vision. 1 Eagle is our HOME; WE ARE A COMMUNITY THAT envisions our future as: M ulti-E conomically H ealthy: O ptimistic: faceted: Viable: LIVABLE:A highly livable City CHILDREN & FAMILIES: A MAINTAIN A RURAL AREA: STRONG ECONOMY: that successfully balances new community committed to its A unique community that An economically strong and growth with the rural and support of children and maintains a rural residential balanced community. natural features that make our families. and agricultural area within the DISTINCT DOWNTOWN: City unique. community. Establish a clear DIVERSIFIED EMPLOYMENT: A mixed use City center that rural edge that we wish to TRANSPORTATION: A system of Provide diversified includes both residential and maintain. well-connected and user-employment opportunities for commercial uses to provide a all citizens. DIRECT GROWTH: friendly roadways and center for commerce, culture, pathways that balance regional Assign and direct growth into and social/citizen interaction. A HOUSING OPPORTUNITIES: transportation needs with appropriate areas and true main street with small Provide housing opportunities densities as designated by this livability and the needs of local town charm. for all demographic groups. and non-motorized users. plan. BALANCED COMMUNITY: ECONOMIC SUSTAINABILITY: ENVIRONMENTAL WELL- DESIGNED ACTIVITY A community that balances A community focused on STEWARDSHIP: An CENTERS: residential and commercial economic sustainability, the environmentally aware Create nodes that benefit the growth and encourages mixed ability for the city to continue community with distinctive community and help create use activity centers. to fund, improve and support policies for the foothills, the meaningful places. LOCAL: itself, including infrastructure, Boise River and the community parks, and trails without the MULTI-GENERATIONAL: Foster and support local at large. A multi-generational use of building permit fees, businesses. Ensure significant ACTIVE COMMUNITY: A community planning for the non-residential land area to impact fees and zoning fees. community focused on needs of our citizens from allow businesses to grow within recreation, open space, and youth to retirement. the City. parks. 1 Table taken from the 2017 Eagle is HOME Comprehensive Plan 6 In keeping with the vision in the comprehensive plan, the Economic Development Department’s vision will be to: “Support and promote Eagle asthe premier community of the Treasure Valley; embracing a new and rapidly changing economy and turning the challenges of today into opportunities to create positive change for tomorrow” Economic Development Department Mission The Eagle Economic Development Department exists to foster an environment that supports and encourages the maintenance, growth, and enhancement of a high quality of life and economic vitality of the community. Economic Development Department Values We view economic development as a collaborative process, resulting in an atmosphere that benefits the community and businesses alike. We place a high value on relationships, trust, and support of our residents, employers and employees within our community. The Opportunity Eagle has grown nine-fold since the year 1990, from 3,327 to an estimated 31,270 in 2019, and according to the Community Planning Association of Southwest Idaho (COMPASS), Eagle is projected to reach over 73,000 by the year 2040. This growth has fostered the demand for more retail and services to support the residential population of the community, along with daytime workers. Eagle has natural wealth in its strong sense of heritage and quality of place. It provides a quality of life that is rich in outdoor recreation and the beauty of landscape from the Boise River to the Eagle Foothills. Eagle also has a long history of leadership in the preservation of open space and high architectural design standards, which continue to shape the built and natural environment, making Eagle an attractive place to live, work, play and visit. Strict adherence to plans and policies in the City are needed to accommodate projected growth while preserving Eagle’s quality of life. To accomplish this, private 7 landowners and public entities should use land efficiently and productively, recognizing, that decisions made today will affect many generations to come. The Challenge Situated in southwest Idaho and within the Boise Metropolitan Area, Eagle is part of a regional economy, and as such, competes with other communities that have better access to major interstate corridors and possess much larger fully serviced sites, existing buildings that end users desire, and more streamlined development processes. As these competing communities continue to grow, developers will most likely invest their dollars in these cities by building more office and industrial space to accommodate the future demand. Eagle will need to meet the fundamental challenge with its own fully serviced sites and existing buildings in order to capture some market share. Eagle will also need to embrace the very competitive growing market by implementing policy to streamline and expedite development processes, along with aligning zoning ordinances to coincide with the target industries the City is trying to attract. Unlike some communities, the City does not have control of sewer, irrigation, streets or all of the water within the incorporated limits. This along with limited revenue resources creates a challenge when it comes to funding infrastructure in advance of growth. Street improvements and/or major expansions in order to improve vehicular circulation or continuity is under the control of Idaho Transportation Department and Ada County Highway District. To foster economic development, public investment must be prioritized to support job creation and aimed at a variety of infrastructure projects, which will then set the stage for private sector investment/development to follow. Eagle has implemented a new comprehensive plan in 2017 that allows for higher density in specified target areas throughout the City, along major corridors and within their downtown, however; zoning ordinances need to be updated to support the comprehensive plan vision. The Urban Land Institute (ULI) often recommends higher density development around the town center or downtown core and a greater diversity in housing types to accommodate empty nesters and a younger, well- educated workforce that does not want to own a single-family dwelling unit. If Eagle desires to attract professional services, high-tech industry and highly skilled knowledge economy workers into the community, shifting the climate to appeal to the younger professionals will be advantageous. This can be done through investing in quality of life amenities, such as; parks, pedestrian and bicycle connectivity, entertainment, arts and cultural venues, downtown revitalization, and allowing for a diversity ofhousing choices that result in varying price points. Related Planning Efforts The City of Eagle has completed several land use plans that are important for 8 Eagle’s economic development activities. These plans have all been consideredin the development of this Economic Development Strategic Plan. Key land use plans of particular relevance include: Eagle is HOME Comprehensive Plan (2017) Eagle Pathways and Trails Master Plan (2019) The City’s plans are vital to inform the Economic Development Strategic Plan, and to ensure that the contents of the plan aligns with other community goals and visions. The Comprehensive Plan was updated in November of 2017 and provides guidance as to the future vision for land uses within Eagle and the area of impact. The City’s Plan incorporates the downtown within the comprehensive plan; however, a Downtown Strategic Plan is recommended to compliment the City’s Comprehensive Plan and the Eagle Urban Renewal Plan. The City sub-contracts for City Engineering services and therefore does not have a master infrastructure or capital improvement plan. It is recommended the City work on the formation of a formal capital improvement plan. The plan should encompass short-term and long-term goals for infrastructure and capital improvements, such as; parks, trails, public buildings, sidewalks, streetscape, and utilities. The City should partner with outside agencies to ensure they are on board and support a plan for future infrastructure improvements in areas where growth is projected. Transportation is directed by two (2) outside agencies; the Idaho Transportation Department and Ada County Highway District in partnership with the City of Eagle. Eagle has worked closely with both agencies to plan for the needs of the community, to include; pedestrian connectivity across Eagle Road and across Highway 44, along with infrastructure improvements within the downtown. Implementation Planning and Next Steps This document provides a road map for Eagle’s economic development program, but the ultimate success of the recommendations will depend on the level of commitment from the City and partners in executing the strategies laid out in this plan. New investments from the City and the Eagle Urban Renewal Agency will be required to move this plan from concept to action, including the potential increase in staffing and financial resources to carry out the primary economic development goals and objectives. The City is not responsible for every activity outlined in this plan but is the lead entity to implement the plan and initiate actions in order to accomplish the goals and objectives. Other local and regional partners (as shown within Attachment A) play critical roles in growing and strengthening the City of Eagle’s economy. This work will take dedication, leadership, collaboration, patience, and political will across the City and in coordination with multiple partners. 9 With the foundation and framework of this plan in place, the City will be positioned to transition to a more formalized, robust, and comprehensive economic development program that will empower them to influence their own future and boldly and purposefully chart a course to become a unique and thriving community within the Boise metropolitan area. Strategic Action Plan Framework The strategies and actions within this plan are based on input received from the comprehensive planning process and from the analysis of demographic, economic and market data, multiple community site visits and windshield tours, and key findings from a review of relevant plans and overall economic development experience. This strategic plan will guide the City of Eagle’s economic development efforts over the next 5 years. This plan sets out a common purpose, a set of guiding principles, goals, and specific strategies to grow the City’s economy. This document provides a road map for the City of Eagle’s economic development program, but the ultimate success of the recommendations will depend on the level of commitment from both internal and external departments/agencies, elected officials, external agencies, partners and stakeholders in executing the strategies and actions laid out in this strategic plan. Over the years, the City of Eagle has realized the development of several large mixed-use centers and the continued emergence of residential developments as an economic driver. Strategically aligning its resources to diversify the economy and create high wage jobs within the City is a focus of this strategic plan. The economic development strategy is designed around five (5) broad economic development goals. The strategies and actions associated with the goals will build on the City’s strengths to ensure long -term economic vitality and enhancement of the quality of life. 10 COMMUNITY CONDITIONS & MARKET ANALYSIS Understanding the community and local, regional and national conditions A critical step in the process of developing an economic development strategic plan is understanding the community and local, regional and national conditions. This section provides background information on economic development factors, including the overview of the City’s demographics, and trends related to the targeted industry sectors. Collectively, this information creates a profile for the City’s economy and the influences that shape the Economic Development Strategic Plan (EDSP). ECONONOMIC DATA, ANALYSIS AND TRENDS An analysis of the existing economy of the City was needed in order to gain an understanding of population and employment gains, socio-economic characteristics and workforce migration patterns. Data provided within this chapter comes from a variety of sources including the decennial U.S. Census, the American Community Survey (ACS), Boise Valley Economic Partnership (BVEP), Idaho Department of Commerce, Idaho Department of Labor, Community Planning Association of Southwest Idaho (COMPASS), excerpts from the Eagle Comprehensive Plan, and ESRI Business Analyst. Eagle’s labor force and demographic benchmarks, along with other economic data, demonstrate strong local capacity for economic development. The data indicates the degree to which the strengths of the local population can strengthen the economic development opportunities for Eagle businesses, as well as areas of potential vulnerability. Some conclusions that can be drawn from the data include: The community’s strong income base provides market support for local serving businesses and can be used to maintain Eagle’s competitiveness in the region. The high educational attainment by Eagle’s residents provides an attractive labor force for growing businesses and represents a strong selling point to businesses considering Eagle as a business location. 11 Eagle’s low unemployment rate indicates high demand for the skills and education of local residents. Eagle’s high housing costs indicate the desirability of the community as a place to live, as well as a potential challenge to local businesses for labor force recruitment. The percentage of residents commuting out of the City for work indicates the need for a more diverse industry base. The percentage of workers commuting into the City for work indicates the need for more diverse housing options, both that accommodate varying income levels, but also that appeal to the individual’s specific needs and wants. A Growing Population Eagle is one of the fastest growing cities in the Boise Metropolitan Area. The average annual growth rate between 2010-2016 was 4.26%, and that growth rate has increased to an average rate of 4.5%. The rapid growth brings many new opportunities to the City and surrounding areas and provides a solid population base to support future economic growth. Excellent Road Connectivity Eagle is the transportation hub of North Ada County, situated with four (4) major transportation corridors running through its City; U.S. 20/26, State Highway 16, State Highway 55 and State Highway 44. The completion of Highway 16 will provide a direct connection to Interstate 84. Direct access to a strong road network is a major advantage that is unique to Eagle. A Great Place to Live Eagle has been recognized several times in the last five (5) years as being one of the Best Places to Live in Idaho and one of the Best Places to Raise a Family. The extraordinary high quality of life in Eagle is a source of pride for the City and its residents, and creates an opportunity to attract talent, high wage jobs, and service- providing industries to the City, with a potential to attract some targeted goods- producing industries. Agriculture and Viticulture The City of Eagle has a large agriculture and viticulture area within its planning boundaries, which encompasses the Eagle AVA, a sub-AVA of the Snake River Valley AVA. The City of Eagle’s previous and current Comprehensive Plan recognizes and supports the emerging agricultural and viticulture industry within 12 and just north of the City’s planning area boundary. While the location of the 3- Horse Ranch Winery & Vineyards, along with other grape growers in the area, are not located within the City’s planning area, the City, in its Comprehensive Plan, created of an overlay district to highlight this geographic region, which included language addressing ancillary uses, signage, massing and scaling of buildings, and other complimentary land uses. The City of Eagle recognizes the economic, cultural and artistic value of the local wine industry. The economic impact is seen at three levels; direct, indirect and induced. Direct impacts are the jobs, wages and economic output attributed to the industry, including wine grape growers, wineries, wholesalers, retailers, trade associations, research and educational organizations, and wine-related tourism. Indirect (or supplier) effects result from firms in the wine industry purchasing goods and services from other industries. These suppliers produce the machinery, tools, parts, processing materials and other materials used in vineyards to grow grapes and in wineries to produce wine, as well as to distribute and sell wine. This category also includes different types of services: agricultural, personnel, financial, advertising, consulting and transportation services, as well as people who are responsible for governmental regulation of the wine industry. Induced impacts, also known as the multiplier effect, are the responses “by the economy that occur through re-spending of income received by payments made to employees and business owners measured in the direct and supplier parts of the economy. That impact includes the spending by employees of the industry and that of indirect firms whose jobs are dependent on the wine industry. The cultural impact is seen in the growing, making, and selling of wine (wine production), which leads to vineyard landscapes, which are both physical and cultural landscapes, thus preserving precious agricultural land and farming. Vineyards serve as motives for art and could include educational and scenic trails, along with outdoor public open spaces for memorable and attractive human experiences like weddings and special events, or for utilization as a strong identity- creating landscape representing cultural heritages. For more than 100 years, Idaho has made a name for itself as an agricultural state with abundant natural resources and it is still flourishing today. In fact, agriculture is the single largest contributor to Idaho’s economy, accounting for 20% of Idaho’s gross state product each year. Many are unaware of the amount of agriculture that still exists within Eagle, but Eagle has an opportunity to capitalize on boutique and small-scale urban agriculture developing a farm-to-table network within the community. 13 Top-Rated Schools Public schools within Eagle are located in the West Ada School District. West Ada School District is ranked as one of the Top 10 Schools in Idaho, and Eagle has been recognized as having some of the Best Public Schools in Idaho. North Star Public Charter School is ranked as one of America’s Most Challenging High Schools and was ranked as the #2 Top Ranked High Schools in Idaho by U.S. News & World Report outranking all other high schools in the Boise Metropolitan area. Both Eagle High School and North Star Public Charter School were recognized with the College Success Award for doing an exemplary job getting students to enroll in and stick with college. Eagle’s Gallileo Stem Academy was the 1st AdvancED STEM certified school in Idaho. Great schools benefit the entire City and help draw young families to the community in addition to having a positive competitive advantage for recruiting new industry into the community. Workforce Housing High home values produce revenues for the City but can lead to affordability challenges. With the 2019 median housing value in Eagle at $450,000, there is concern about the ability for young and emerging professionals to locate within the City. The City should ensure that adequate housing options are available for moderate income residents (retail workers, teachers, police, firefighters, etc.), particularly first-time home buyers, seniors, entrepreneurs, college students who want to remain in Eagle after graduation, and young business professionals. In order to protect the character and stability of residential and business areas, preserve property values and to correct and prevent housing conditions that adversely affect or are likely to affect the life, safety, general welfare, and health of residents, the adoption of a property maintenance code for rental units should be considered. Population and Households Eagle’s total population is growing. The City has increased by 2,085 residents since 2000 and is projected to increase by another 9,449 by 2025. By comparison, the Boise Metropolitan Statistical Area (MSA) is projected to grow by 110,856 during the same time period. It is estimated, based on an annual average growth rate of 4.5% that the City’s planning boundary will reach build out by approximately 2050, with a population of approximately 95,000. 14 Age Distribution According to the 2012-2016 American Community Survey, the median age in Eagle was 45. In 2017, the median age in Eagle was 41 and the estimated median age in 2019 is holding at 41, which remains higher than both Ada County and the U.S. Average of 38. However, the largest increase in population from 2010-2018 was in the 25-34-year-old age group, indicating growth in young and emerging professionals within the community. Eagle has seen a steady increase in population in all age distribution categories, and even though the largest increase in population has been those in the ages of 65+, Eagle has also seen an increase in ages 20-39, with age group 10-19 being the highest percentage of the population. The decrease in the median age from 2017 (45 years) to 2019 (41 years) is telling of a younger population moving into Eagle, however, we could see the median age fluctuate up and down as new members of the community continue to move in and the current population ages. A steady year-over-year growth in the older population is a good indication that residents are either seeking to stay in the community and “age in place”, or people are migrating to the community from other areas. The increase in the 20-39 age category could be indicative of students leaving the community to attend college, but returning to Eagle to live, or the attraction of young business professionals, or a combination of both. In any case, Eagle is seeing a larger percentage of younger families investing and moving into Eagle. 15 2 Table 1: Housing and Economic Profile HOUSING PROFILEEAGLEMETROUSA Total Households10,125274,902118,825,921 Total Families7,833187,70277,538,296 Owner-Occupied Housing Units82.52%70.09%63.80% Renter-Occupied Housing Units17.48%29.91%36.20% Vacant Housing Units2.34%3.24%11.40% Median Home Sale Price (2018)$469,450 $265,450 $193,500 Labor Force Participation57.20%64.40%63.30% Prime-Age Labor Force Participation Rate and Size (25-54)78.30%81.20%81.60% Armed Forces Labor Force0.00%0.20%0.40% Veterans, Age 18-644.70%6.20%4.90% Poverty Level of all People6.80%13.80%14.60% Household Receiving Food Stamps/SNAP4.80%11.00%12.60% AGE DISTRIBUTION (Eagle Only)PERCENT (2010)PERCENT (2018) 0-45.50%4.80% 5-98.90%7.30% 10-1918.40%17.30% 20-296.10%6.50% 30-3910.10%10.90% 40-4917.60%16.00% 50-5915.00%14.10% 60-646.20%6.80% 65+12.10%16.30% Race and Ethnicity Although the race and ethnic composition of Eagle is primarily White, the numbers indicate the racial composition of Eagle residents may be becoming more diverse. Minority populations are projected to continue increasing their population share through 2025. 2 Source: US Census, American Community Survey, 2013-2017 and GIS Planning 16 3 Table 2: Race Distribution RACEPERCENT (2017)PERCENT (2019) White95.00%86.19% Black or African American0.30%1.39% American Indian and Alaska Native0.20%0.80% Asian1.30%2.26% Native Hawaiian and Pacific Islander0.00%0.20% Other0.80%5.83% Multi-Race2.40%3.33% 4 Table 3: Ethnicity Distribution RACEPERCENT (2017)PERCENT (2019) Non-Hispanic95.10%86.00% Hispanic4.90%14.00% 5 Diagram 1: Age Distribution 3 Source: US Census and GIS Planning 4 Source: US Census and GIS Planning 5 Source: US Census and GIS Planning 17 Social Characteristics The social characteristics of a population helps to track the increases or decreases in diversity within the population and gives insight on where the foreign-born population is coming from. This data also helps identify the needs of the population. For instance, 94.8% of the population in Eagle speak English only, and 1.3% of the population that speak a language other than English, speak English less than “very well”. The population with the most difficulty in speaking English is the Spanish speaking population, followed by Asian and Pacific Islander. Providing translated documents for populations that do not speak English well would encourage more community participation and show the community is welcoming to all. 6 Table 4: Population Social Characteristics US CITIZENSHIP STATUSPERCENT Naturalized U.S. Citizen53.10% Not a U.S. Citizen46.90% LANGUAGE SPOKEN AT HOMEPERCENT English Only94.80% Spanish2.40% Indo-European0.90% Asian/Pacific Islander1.50% Other0.30% FOREIGN BORN POPULATIONPERCENT Europe21.00% Asia34.20% Oceania6.00% Latin America31.20% Northern America7.70% SOCIALPERCENT Enrolled in Grade 12 (% of population)2.00% Disconnected Youth2.40% Children in Single Parent Families (% of all children)16.80% With a Disability, Age 18-645.80% With a Disability, Age 18-64, Labor Force Participation Rate and Size46.90% Foreign Born3.50% Speak English Less Than Very Well1.30% Income The City’s median household income in 2019 is estimated at $81,196, down slightly from 2018; most likely a result of the demographic shift from older boomers being 6 Source: US Census, American Community Survey 2013-2017 18 experienced workers to being retirees pushing the median household income down. Consequently, the demographic shift ofmillennials being small children toyoung workers also pushes the median household income down. Even with this slight decrease, households in Eagle earn 24% more than the Ada County median, 45% more than the Idaho median and 27% more than the national median. When looking at higher income earners in Eagle, over 38% have annual earnings greater than $100,000. Note: Individuals who become adults or enter retirement age are not typically experiencing actual economic hardship; they are just showing up in the numbers differently. 7 Table 5: Income Comparison EAGLEADA COUNTYUSA Median Household Income$81,196 $65,363 $57,652 Average Household Income$115,329 $80,990 $81,283 8 Table 6: Household Income Distribution HOUSEHOLD INCOME DISTRIBUTIONEAGLEREGION <$10K4.92%6.17% $10 - $20K4.16%7.49% $20 - $30K6.07%9.60% $30 - $40K6.96%9.75% $40 - $50K5.27%9.17% $50 - $60K8.22%9.30% $60 - $75K10.65%11.29% $75 - $100K15.10%14.35% >$100K38.64%22.90% 9 Consumer Spending Characteristics Eagle’s average household disposable income is $84,055 with a median disposable income of $68,997. Household expenditures average $79,973 per year. Esri reports from 2018 indicated a retail gap or leakage of over $209 million in retail trade and food and drink. This essentially means that Eagle is losing out on the potential of $209 million in retail sales that are being spent in other communities by residents who live in Eagle. This data reveals a need more local retail and restaurant establishments to serve the population within Eagle. 7 Source: GIS Planning and US Census 2013-2017 Community Survey 8 Source: GIS Planning and US Census 2013-2017 Community Survey 9 Source: ESRI Business Analyst 19 Further in-depth analysis of the retail marketplace helps determine consumer spending characteristics, consumer profiles, and the supply and demand of specific retail industry groups. When looking at the consumer characteristics for residents of Eagle, data presented specific key features of consumers in Eagle as; tech savvy, vacation (domestic and abroad), active and health focused, highly educated professionals, child-related purchases, home furnishings purchases, spa and personal services purchases, and entertainment and recreation spending. A retail gap analysis provides details on the supply and demand for various retail industry groups and indicates the retail gap or leakage. A positive retail gap means residents are spending money in other communities in those particular industry groups and thus the City has leakage. A negative value represents a surplus of retail sales where customers are drawn into Eagle from outside the area. A complete retail gap analysis can be found within the Target Industry Report/Analysis. 10 Educational Attainment Eagle’s residents have a high level of educational attainment; higher than any other community within the region. The majority in Eagle have, at a minimum, a college degree (54.60%). This is higher than the metropolitan statistical area (40.52%) and the state of Idaho (37.08%). The percent of population in Eagle with a bachelor’s degree is 28.35%, and the percent of population with a graduate degree is 15.14%. Again, this is higher than the MSA (21.25% and 10.20%) and the State (18.61% and 8.84%). The educational attainment of a community’s population is an important factor for business retention and expansion and business attraction. Educational attainment in Eagle can also be attributed to the quality local public schools. 11 Commuting Characteristics The current concentration and projected growth of population and workforce in the region and within Eagle ushers the demand for understanding the commuting landscape of the area. Commuting patterns are one of many factors that impact economic development, infrastructure, public finance and fiscal policy, emergency preparedness, education, and workforce development. Therefore, it is important to understand how the shape, size, make-up, and dynamics of Eagle and the region are changing as population and workforce grows. 2017 U.S. Census, On the Map and LEHD Origin-Destination Employment Statistics data shows that over 7,200 (89.2%) people living outside of Eagle, commute daily 10 Source: GIS Planning 11 Source: US Census, On the Map Application and LEHD Origin-Destination Employment Statistics 20 into Eagle for work, and over 90% of residents living in Eagle, commute daily outside of Eagle for work. A large percentage of workers in an area that live outside the area is generally, but not always, indicative of one or more of the following scenarios: 1. Housing is too expensive for the wages being earned; 2. There is not enough diversity in housing options for those working in Eagle but living elsewhere; 3. There are not enough jobs in the occupancy fields needed to employ all residents living in Eagle. When examining the characteristics of worker inflow and outflow, a greater percentage of Eagle residents out commute to higher wage jobs. People who are in- commuting to Eagle for employment are by and large younger than out commuters. Those that live and work in Eagle represent a much smaller cohort at only 720 residents. A complete analysis of the inflow and outflow characteristics and worker data is provided in the “Target Industry Analysis Report”. Labor Force and Employment Employment data as of 2018Q1 indicated a net “leakage” of 1,514 occupations. The leakage represents residents who travel outside of Eagle for work and the occupations in which they are employed. This net leakage is a result of either a lack of a particular type of industry or an insufficient number of jobs available in our community to support the number of residents who work in these occupations (as shown in Table 7 and listed below). A positive number of net leakages represents those non-residents traveling into Eagle for work. This is most likely indicative of either people commuting into Eagle for work but having to live elsewhere because they are currently priced out of the market, or due to a lack of diverse housing options to accommodate the housing trends of today, where more people, regardless of age, are looking to downsize or simplify their lifestyle by living in a place that affords lower maintenance and upkeep, and/or that is located in an area where necessary services are within walking distance. Table 7 shows the top jobs by occupation in Eagle are: Office and Administrative Support Sales and Related Executive, Managers and Administrators Personal Care and Service 21 Food Preparation and Serving. 12 Table 7: Employment Data Based on Occupation Type OCCUPATIONPEOPLE EMPLOYED PEOPLE WHO LIVE IN NET INDUSTRY LINK IN EAGLEEAGLE, REGARDLESS OF “LEAKAGE”BY 2-DIGIT WHERE THEY WORKSECTOR CODE Total - All Occupations 8,4089,921-1,514 Management 507655-14855 Business & Financial Operations 401550-14954 Computer & Mathematical 189338-14954 Architecture & Engineering 125237-11154 Life, Physical & Social Science 48100-5254 Community & Social Service 85182-9762 Legal 4988-3954 Education, Training & Library 6315834861 Arts, Design, Entertainment, Sports & Media 1961831271/51 Healthcare Practitioners & Technical 307587-28062 Healthcare Support 172259-8662 Protective Services 91166-7592 Food Preparation and Serving Related 1,05476329072 Building and Grounds Cleaning & 288334-4756 Maintenance Personal Care & Service 4453994681 Sales and Related 9201,082-16244-45/42 Office & Administrative Support 1,2171,600-38356 Farming, Fishing & Forestry 1841-2311 Construction & Extraction 75851824023/21 Installation, Maintenance & Repair253335-8281 Production 302437-13531-33 Transportation & Material Moving 354482-12848-49 The negative net leakage shown in Table 7 also indicates Eagle has an insufficient amount of jobs for the following occupations: Management Occupations Business & Financial Occupations Computer & Mathematical Occupations Architecture & Engineering Occupations Life, Physical & Science Occupations Community & Social Service Occupations 12 *Source: JobsEQ 2018Q1 When determining the types of employment in Eagle based on the occupations of residents vs. non-residents, the most updated data was available through a software program called JobsEQ instead of utilizing the US Census OnTheMap 2015 data, as the data from JobsEQ has been updated as of 2018, Quarter 1. Due to different data collection methodologies, the total number of jobs listed in Table 8 will not match the total number of jobs listed 22 in Table 9. Legal Occupations Healthcare Practitioners & Technical Occupations Healthcare Support Occupations Protective Services Occupations Building and Grounds Cleaning & Maintenance Occupations Sales and Related Occupations Office & Administrative Support Occupations Farming, Fishing & Forestry Occupations Installation, Maintenance and Repair Occupations Production Occupations Transportation & Material Moving Occupations When comparing the occupations of >100 people to the industry link, the data indicates a shortage of the following industry sector jobs in Eagle to employ the residents. Note: This data does not always mean the industry should be a primary target industry, but it provides information that should be included in a target industry analysis. Professional, Scientific and Technical Services Industry o (500 people commuting elsewhere for these jobs) Administrative and Support and Waste Management and Remediation Services Industry o (383 people commuting elsewhere for these jobs) Health Care and Social Services Industry o (366 people commuting elsewhere for these jobs) Management of Companies and Enterprises Industry o (148 people commuting elsewhere for these jobs) Retail Trade and Wholesale Trade Industry o(162 people commuting elsewhere for these jobs) Manufacturing Industry o (135 people commuting elsewhere for these jobs) Transportation and Warehousing o (128 people commuting elsewhere for these jobs) According to the Idaho Department of Labor, the unemployment rate of Eagle in July of 2019 was 2.8%. The unemployment rate is defined as the percentage of workers who are unemployed and actively looking for a job. A low unemployment rate indicates the number of people actively seeking work is low relative to the population of active workers. A low unemployment rate could signal to businesses there aren’t enough workers to satisfy the demand, which could in turn, slow economic growth. However, the unprecedented growth within Eagle and the region has allowed us to stay ahead of 23 the curve. Even with a low unemployment rate, we are adding new workers to the workforce every day. Much like the population, the labor force within the region has continued to grow; from 2013-2018, jobs increased by 18.6% in Ada County. This change outpaced the national growth rate of 8.5%. As the number of jobs increased, the labor force participation rate increased from 62.4% to 66.5% between 2013 and 2018 within the region. Eagle saw a job growth rate of 10% from 2017 to 2019, compared to Ada County at 9.8% and the State at 3.63%. Labor force, as defined by the U.S. Bureau of Labor Statistics, is people over the age of 16 that are employed or unemployed; they must be working, receiving 13 unemployment benefits or actively seeking employment. Occupation Snapshot The largest major occupation group in the City of Eagle is Office and Administrative Support Occupations, employing 1,224 workers. The next-largest occupation groups are Food Preparation and Serving Related Occupations (1,058 workers) and Sales and Related Occupations (934). High location quotients (LQs) indicate occupation groups in which a community or region has high concentrations of employment compared to the national average. The major groups with the largest LQs in Eagle are Construction and Extraction Occupations (LQ = 2.05), Food Preparation and Serving Related Occupations (1.39), and Personal Care and Service Occupations (1.30). Occupation groups in the City with the highest average wages per worker are Management Occupations ($90,500), Legal Occupations ($84,200), and Healthcare Practitioners and Technical Occupations ($80,900). The unemployment rate in the region varied among the major groups from 0.7% among Healthcare Practitioners and Technical Occupations to 3.4% among Food Preparation and Serving Related Occupations. Over the next year, the fastest growing occupation group in the City of Eagle, ID is expected to be Healthcare Support Occupations with a +3.1% year-over-year rate of growth. The strongest forecast by number of jobs over this period is expected for Food Preparation and Serving Related Occupations (+16 jobs) and Construction and Extraction Occupations (+15). Over the same period, the highest separation demand (occupation demand due to retirements and workers moving from one occupation to another) is expected in Food Preparation and Serving Related Occupations (189 14 jobs) and Office and Administrative Support Occupations (145). 13 Source: GIS Planning, Idaho Department of Labor and US Bureau of Labor Statistics 14 Source: JobsEQ® 24 Industry Snapshot Eagle has a diverse representation of industries employing a growing labor force, including all workers who work in the City of Eagle. A review of the most recent industry breakdowns by the North American Industry Classification System (NAICS) reveals there are three sectors that employed over 1,000 employees and comprise the largest industries in Eagle. These include Accommodation and Food Services, Construction and Health Care and Social Assistance. These industries are followed by employers in RetailTrade, Educational Services; and Professional, Scientific and Technical Services. Sectors in the City with the highest average wages per worker are Manufacturing ($106,474), Management of Companies and Enterprises ($105,901), and Utilities ($76,564). Sectors with the best job growth (or most moderate job losses) over the last 5 years are Construction (+401 jobs), Administrative and Support and Waste Management and Remediation Services (+300), and Health Care and Social Assistance (+228). Over the next year, the fastest growing sector in Eagle is expected to be Health Care and Social Assistance with a +3.0% year-over-year rate of growth, followed by Professional, Scientific and Technical Services at a +2.0% year-over-year rate; Finance and Insurance, and Administrative and Support and Waste Management and Remediation Services at +1.8%. The strongest forecast by number of jobs over this period is expected for Health Care and Social Assistance, Construction, Professional Scientific and Technical Services, Accommodation and Food Services, and Administrative and Support and Waste 15 Management and Remediation Services. Like many areas of the country, Eaglewill face challenges related to an aging workforce. A number of the high-demand occupations highlighted in this analysis have a significant Data as of 2019Q1 unless noted otherwise Note: Figures may not sum due to rounding. 1. Data based on a four-quarter moving average unless noted otherwise. 2. Occupation wages are as of 2018 and should be taken as the average for all Covered Employment Occupation employment data are estimated via industry employment data and the estimated industry/occupation mix. Industry employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and currently updated through 2018Q3, imputed where necessary with preliminary estimates updated to 2019Q1. Wages by occupation are as of 2018 provided by the BLS and imputed where necessary. Forecast employment growth uses national projections from the Bureau of Labor Statistics adapted for 25 regional growth patterns. 15 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2018Q3 with preliminary estimates updated to 2019Q1. Forecast employment growth uses national projections adapted for regional growth patterns. share of older workers. Industries that will be facing a wave of retirement in the future include healthcare and professional services. Given the importance of healthcare and professional services to the City’seconomy, ensuring the availability of a talent pipeline in these areas should be a priority. Top Employers The Top 10 employers in Eagle are represented by the following industries: Educational; Corporate, Subsidiary and Regional Managing Offices; Retail; Administrative and Support and Waste Management and Remediation Services; Construction; Health Services and Local Government, followed by; Accommodation and 16 Food Service, Professional Scientific and Technical Services and Health Services. Wage Trends. The average worker in the City of Eagle, ID earned annual wages of $49,003 as of 2019Q1 compared to $46,508 in the Boise Metropolitan Area. Average annual wages per worker increased 3.1% in the region over the preceding four quarters. For comparison purposes, annual average wages were $55,825 in the nation as of 17 2019Q1. Salaries and Cost of Living The Cost of Living Index estimates the relative price levels for consumer goods and services. When applied to wages and salaries, the result is a measure of relative purchasing power. The cost of living is 0.2% lower in City of Eagle, ID than the U.S. 18 average. 16 Source: Idaho Department of Labor, Quarterly Report of Employment & Wages, 4 quarter average (2018Q2 to 2019Q1). Note: Only employers that have given the Department permission to release employment range data are listed with local additions/adjustments 17 Annual average wages per worker data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2018Q3 with preliminary estimates updated to 2019Q1. 26 18 Cost of Living per C2ER, data as of 2019q1, imputed by Chmura where necessary. Table 8: Top Eagle Employers, Sorted by Employment Range COMPANYEMPLOY RANGEINDUSTRY West Ada School District400-499Local Government- Education Intuit400-499Professional, Scientific & Technical Albertsons200-299Retail Mav Event Services200-299Administrative and Support and Waste Management and Remediation Services Lamb Weston200-299Corporate, Subsidiary, and Regional Managing Offices Staker Paving and Construction100-199Construction All Care Health Solutions100-199Health Services North Star Public Charter School100-199Local Government - Education Forte Construction Services100-199Construction PETIQ50-99Corporate, Subsidiary, and Regional Managing Offices Wright Brothers, the Building Company50-99Construction Aggregate Construction50-99Construction St Lukes Regional Medical Center50-99Health Services Bardenay50-99Accommodation and Food Service Two Rivers Salon and Spa50-99Personal Care Integrated Employer Solutions50-99Professional, Scientific & Technical City of Eagle50-99Local Government Signature Roofing50-99Construction Paramount Health Care10-49Health Services Bella Aquila10-49Accommodation and Food Service Costa Vida10-49Accommodation and Food Service Miracle Ear10-49Personal Care ClickFunnels10-49Corporate, Subsidiary, and Regional Managing Offices Freeman Digital Ventures10-49Professional, Scientific & Technical Wells Fargo Bank10-49Finance and Insurance KeyBank10-49Finance and Insurance U.S. Bank10-49Finance and Insurance Human Resource Management10-49Professional, Scientific & Technical Dickinson Frozen Foods10-49Professional, Scientific & Technical Funnel 330-9Professional, Scientific & Technical Bionomics Environmental0-9Professional, Scientific & Technical Downtown Eagle A comparison was made of Downtown Eagle using the 20 most common ingredients in successful downtowns, developed by The Destination Development Association, led by Roger Brooks International. They surveyed 400 successful downtowns and downtown districts (big and small) throughout the U.S., Canada, and Western Europe. Using the 80-item list of criteria, they found the 20 most common ingredients that led to success. Next to the items are checkboxes with either a or indicating whether Eagle has this and does it well or does not have it or does not do it well. 1. They all began with a plan. 27 Successful communities start with a plan. They bring together partners and stakeholders and work together so that everyone’s efforts are towards common goals and a defined direction. Every community has different features, so each community needs its own special Branding, Development & Marketing Action Plan. Identify what sets your community apart from everyone else. Make that the focus of your executive summary and your detailed vision statement. That will be your strongest sales tool. Your Action Plan needs to include your brand and brand promise, product development plan, and marketing plan. Your Action Plan needs to be a detailed “to-do list.” 2. They defined a strong brand and retail focus. Downtown Eagle has an image, but not a strong brand or retail focus. Branding is perhaps the most misunderstood concept in the world, yet here we are smack dab in the middle of the “Era of the Brand.” Outstanding destinations have a strong brand and a successful, vibrant retail core. Brands are perceptions Brands are built on product Brands are earned: Good or Bad Brands are built using public relations and word of mouth Brands must be experiential Branding is the art of differentiation Jettison the generic 3. They orchestrated recruitment of “critical mass” or “clustering” Successful downtowns need to have a critical mass of like businesses. This would include a minimum in three lineal blocks: Ten places that sell food: soda fountain, coffee shop, bistro, café, sit-down restaurant, wine store, deli, confectionery. Ten destination retail shops: galleries, antiques (not second-hand stores), collectibles, books, clothing, home accents, outfitters, brand-specific businesses, garden specialties, kitchen stores, cigars, etc. Ten places open after 6:00 pm: entertainment, theater (movies, performing arts), bars & bistros, specialty shops, dining, open air markets, etc. 28 4.They all had anchor tenant(s) An anchor tenant is your primary lure –what makes you worth a special trip. Like every mall, every town relies on anchor businesses to attract customers, and all the other businesses benefit. To be a successful community, you must have at least one or two anchor businesses, ones that people would drive an hour –or more –to visit. Always promote your anchor tenants –your primary lures. Create a “best of” brochure for your community that highlights your very best attractions and businesses. 5. Lease agreements included defined operating hours and days 70% of all consumer spending (both locals and visitors) takes place after 6:00 pm. People spend the night where there are things to do after 6:00 pm. Visitors don’t like sitting in a hotel room after dinner watching TV. Conferences and conventions are booked around things to do AFTER the meetings adjourn that day. The majority of the businesses must be open after 6:00, not just a few. Start by staying open on Friday and Saturdays until 7:00 pm the first year, then add Thursday, then Wednesday. Bring nighttime music and entertainment downtown to provide incentives for people to go. 6. They all had people living and/or staying downtown The reinvention of downtowns also includes residential upper-story development: condos, loft apartments, downtown hotels and a business mix to support them. Residential drives retail. What comes first? A downtown that people will want to live in. This includes businesses open AFTER 6:00, entertainment, all in a pedestrian-friendly, attractive downtown setting – a “Third Place:” the place we want to live and hang out. Hotel development downtown is another great mix that provides “new” customers nearly every day. Hotel development helps restaurants and destination retail shops flourish. 7. Pioneers with Patient Money Were Convinced to Invest Every downtown revitalization effort requires property owners with patient money, the will to “make a difference” and the ability to think long-term. Reduce rental rates until you develop the critical mass so that key merchants can stay alive until you become a destination downtown. 29 Incentives need to happen from the property owners in terms of rent abatements, reduced lease rates, and a focus on the tenant mix: the critical mass. It takes one-third of theproperty owners, working together, to “reinvent” downtown in terms of business mix, curb appeal, upper story living units, etc. Every downtown effort requires tireless pioneers and those who will champion the cause. Enthusiasm in contagious and is an essential ingredient for every revitalization effort. 8. They all started with just one or two blocks – a “demonstration project”. Begin revitalization in a very small area – concentrate your efforts so they make a big impact fast – just one or two blocks. Where to start? Where the property owners are most willing to help with the efforts. Concentrate the focus of creating critical mass in those blocks. Work with property owners on lease agreements, choice of tenants, facades, beautification. Timeline: Three years. The rest of downtown will see the results and follow along –driven by the market. 9.Solving the Parking Dilemma Two-hour parking in a pedestrian-friendly downtown restricts spending. If you insist on two-hour parking, then identify WHERE the all-day or extended hour parking is located. It doesn’t have to be free but needs to be reasonable. Consider incentive parking programs: o Spend $20 or more and get the parking free o Have local banks and businesses “sponsor” free-parking days or evenings o Reduce the parking fees the longer they park downtown Angle-in parking generates increased sales over parallel parking. Additionally, you’ll get a third more spaces in the same area. 10. Public Washrooms The number one reason passers-by stop ina town is to use restroom facilities. Restrooms should be in the heart of spending districts. Once visitors get out of the car, you have a four-times greater chance of getting them to spend money. Make sure they are open 24-hours a day 11. Development of Gathering Places Exists, but it is a small gathering space. Should be expanded with activity generators added. 30 Turn parks into plazas. Common ingredients include: o Permanent home for an outdoor open market with permanent structures. Open air (Farmers) markets should be placed in the heart of spending districts. o Interactive water features o Multiple stages o Pocket parks or small venue plazas o Amphitheaters o Trees and raised planters o Public art o Night lighting and walking areas o Music 12. Creation of Good First Impressions: Community Gateways Look at all gateway signage: does it reflect well on downtown? Always place your gateway signs where you make the first, best impression. Signage at city limits should include directional signage to key downtown districts. For instance, “Downtown Eagle –1 mile.” Place gateways at your downtown or district entrances. These can span the street, include decorative crosswalks, pole banners and other identifiers creating a “sense of arrival.” 13. Design, Fabrication and Installation of a Wayfinding System The downtown has wayfinding signage; however, this should be enhanced and larger in size. Wayfinding should be decorative to fit the brand. It should include both vehicular wayfinding as well as pedestrian wayfinding signage. Never put more than five items on any one sign. Use 1” tall letters for every 12’ of viewing distance. Use “identifier” kiosks or maps to showcase district boundaries and key amenities and/or attractions. Every community should develop and implement a signage plan and program: wayfinding, gateways and entries, billboards and marketing displays, amenity identifiers. Nationally, less than 5% of visitors stop at visitor information centers – IF they can find that. Wayfinding also educates local front-line employees of what you have to offer and where it’s located. 31 14.A Good First Impression: Downtown or District Gateways Downtown gateways create a “sense of place” and arrival. They can also promote a sense of group pride among the merchants downtown, helping tofoster group cooperation with beautification and marketing. They should always be attractive and reflect the ambiance of the town, promoting a feeling that you have arrived at a special destination. Decorative crosswalks are an excellent way to separate the district and increase pedestrian safety at the same time. 15. 20/20 Signage: Retail Signage Rules & Regulations Develop perpendicular or “blade signs” in core downtown districts. Typical guidelines: no lower than 7’, no higher than 9’, no wider than 42”. Keep them consistent in height and width so you don’t create sign clutter. Create a merchant-driven signage review committee. This would include retail signage, the use of sandwich boards, extension of window displays into exterior spaces. Businesses need to promote, on signage, their key “lure” more than the name of the business. Get rid of the “Closed” signs and instead use “We’ll be open” signs. Never use “restrooms are for customers only” or “no public restrooms” signage. Instead, tell customers WHERE they can find restrooms. 16. Sidewalk Cafes and Intimate Surroundings The biggest trend in successful downtowns is the creation of intimate surroundings: o Narrower streets o Wider sidewalks o Street trees every 30’ to 35’ o Buffers between sidewalks and traffic or parking o Decorative crosswalks o Decorative night-lighting o Architectural lighting Other common ingredients include: o Water features o Sidewalk cafes and exterior dining 32 17.They all invested heavily in retail beautification Extension of window displays to exterior spaces, NOT outdoor merchandising. Folding tables, boxes of goods, shopping carts piled with goods, are NOT good examples of curb appeal and should be discouraged or not allowed. The most important element of curb appeal is the softening of the transition of building facades and the sidewalk, not curbside street trees and landscaping. Besides word of mouth, shoppers typically have only curb appeal to help determine whether or not a shop is worth visiting. Curb appeal can account for 70% of new visitor sales at restaurants, retail shops, and hotels and lodging. 18. They all provide activities and entertainment: Bring Downtown to Life The City of Eagle does well bringing events and entertainment to the downtown, but the downtown does not have constant “activity”. Activities are brought about by furnishings such as; interactive musical equipment, lawn games, interactive public art, outdoor seating areas with shade. Bring downtown to life! o Open air markets should operate for at least three days a week, during at least a 24-week season (depending on location). o Invite street musicians and street artisans on weekends. o Recruit outside events into plaza areas. 19. They all gave their downtown districts a name Give downtown a name. This will make it a destination, as opposed to just a place. It will also get downtown on highway signage. Popular downtown district names include; o Pearl District in Portland, Oregon o Bricktown in Oklahoma City, Oklahoma o Gastown in Vancouver, British Columbia o Pioneer Square in Seattle, Washington o Gaslamp Quarter in San Diego, California o Baker Street in Nelson, British Columbia o The Rail District in Snoqualmie, Washington o Bourbon Street, The French Quarter in New Orleans, Louisiana 20. They all made their marketing experiential Focus on activities, not buildings Perceptions create a brand in multiple ways: o Visual cues 33 o The people and attitudes o Word of mouth o Publicity, social media, peer reviews Always sell a feeling: not buildings and the physical environment Visitors are far more interested in the things to do than in the location Develop an activity guide that promotes what there is to do in your community Although Downtown Eagle has several of the ingredients listed above, there are also many areas that fall short and could be enhanced. The direct impact of downtown revitalization on local and state economies is well documented. Investment in revitalization creates jobs, increases property values and attracts tourists. In addition, a revitalized and vibrant downtown has become one of the most important economic development tools. As companies are looking to locate their business and attract talent, one of the most important attributes that makes a community stand out among the crowd is “character”. As Richard Florida describes in book, “The Rise of the Creative Class”, one of the key indicators of a community’s economic success in today’s economy is the ability to attract and retain the creative class, “a fast-growing, highly educated, and well-paid segment of the workforce on whose efforts corporate profits and economic growth increasingly depend.” Florida further states that “the creative class values places that are authentic and unique, and that that authenticity comes from several aspects of the community –historic buildings, established neighborhoods, a unique music scene, or specific cultural attributes; all of which a revitalized downtown can offer.” Corporate CEO’s whose success depends upon the talents of the creative class (i.e. high- tech, bio-sciences, law, engineering, etc.), understand that they are more likely to increase their pool of talented recruits if their company is located in a place that offers an authentic and unique sense of place. So, more and more, they are instructing their site selectors to seek out locations for business expansion or relocation that meet those criteria. When we (the City of Eagle) ask businesses what they are looking for when they inquire about a community, they will tell you; they want a talented labor pool, good schools, cultural and recreational amenities — an authentic and unique place. Economic development programs should not put their primary focus and time on developing industrial parks or business parks and offering cash payments to try to lure companies. The reality is that those things are only of secondary importance. A community may not even get the chance to show off the new industrial or business park or offer a cash incentive if it does not first make the cut by scoring high in quality of life amenities essential to which includes a healthy, vibrant downtown. Therefore, in order to truly maximize the benefits of downtown revitalization a community must understand its revitalization program in the context of its overall economic development program. In short, downtown revitalization is economic development. 34 That is why investing in downtown revitalization is an important strategy for the City of Eagle’s Economic Development Program and should not be a completelyseparate function. The City of Eagle Downtown Revitalization Program should be under the same umbrella as the economic development program. This EDSP provides some basic strategies for downtown; however, it is recommended that a separate and distinct strategic plan for Downtown be developed. COMPETITIVE ASSESSMENT In assessing Eagle’s competitiveness, an assessment was conducted of the Strengths, Weaknesses, Opportunities and Threats (SWOT) utilizing several sources of information, including information from the comprehensive planning process, input from City staff, interviews with City Council members and key community stakeholders, and examination of other City documents and reports that are relevant to this planning effort. In addition, specific key data points help to identify areas of competitiveness based on education, infrastructure, available sites and buildings, and economic incentives. Education Competitive economies require a workforce that has the necessary educational attainment and technical skills. Building a healthy and sustainable economy requires both educating people and ensuring that high-paying jobs are available to meet the needs of the occupational category and that reward them for their time and investment in education. The local labor market and skills development are assessed in terms of workforce skill levels and production of graduates. Measuring these systems includes preparation (Pre-K- 12), advancement (college and university), and skills enhancement (continuing education, workforce training, and retraining). Eagle has a variety of Pre-K-12 public and private school facilities to choose from. Families can choose their neighborhood school, or a school with specialized curriculum like art or science, technology, engineering and math. Career Technical Education (CTE) Programs – High School Eagle high schools provide Career & Technical Magnet Programs, which are head start college and career training classes leading to industry certifications, postsecondary credits, and/or industry extern or internships. A CTE Magnet program is a series of related and relevant classes, designed to help students learn 35 the technical and professional skills, knowledge and attitudes necessary to succeed 19 in today's workforce. These programs strive to meet the needs of local employers. Currently, there are 15 different programs offered in the following fields: Certified Nursing Assistant (CAN) & EMT Culinary Arts Fire Services & EMT Law Enforcement, Detention and Corrections Pharmacy Technician Pre-Engineering Residential Construction Animal Sciences Automotive Technology Collision Repair Diesel Technology Plant Sciences/Natural Resources Small Gasoline Engines Welding Fabrication Computer Science Career and Technical Education (CTE) Advanced Opportunities links approved technical and academic high school courses to certificate and degree programs at a technical college. Students have the choice of either dual credit for technical coursework or the ability to earn a technical competency credit. Dual Credit is a program allowing high school students to simultaneously earn credit toward a high school diploma and a postsecondary degree or certificate. Dual Credit is awarded to a student on his or her postsecondary and high school transcript for the successful completion of a single course. Students may enroll in dual credit courses taught at the high school, online, or on the college campus. Technical Competency Credit (TCC) allows high school students to document proficiency in the skills and abilities they develop in approved high school CTE programs and translate that into technical college credits. For CTE high school programs that are SkillStack aligned, students are given an opportunity to earn a SkillStack badge. In addition to the magnet programs, additional CTE classes are offered for Business, Marketing and Office Technology, Family and Consumer Services, Health Professions, and Media Technology. Transportation is provided by the schools for most of the CTE classes, however some do require self-transportation. The Fast Forward program provides every student attending an Idaho public school an allocation of $4,125.00 to use towards Advanced Opportunities in grades 7-12. The program was expanded by the Legislature in 2016 through the passing of Senate 19 West Ada School District website 36 Bill 1292. Career and Technical Education (CTE) students canuse the funding to pay for certain CTE exams. Dual Credit programs are a collaborative partnership between Idaho’s colleges/universities and high schools to deliver college-level courses to high school students. Dual Credit programs give these students the opportunity to receive both high school and college credits for pre-approved courses. Students who register for Dual Credit courses receive a letter grade based on work completed during the duration of the class which will be reflected on a college transcript. Credits are transferable to Idaho colleges and universities, and many other institutions outside the state. Programs offered through the Dual Credit program are: Department of Science, Technology, Engineering & Math (STEM) – 31 Courses Department of Language & Art – 18 Courses School of Social Sciences & Public Affairs – 25 Courses CTE programs provide students with the ability to earn industry certification, college credit and internship opportunities. Often times these programs are supported by business and industry, equipping students with relevant skills and working industry knowledge, propelling them in their future careers and higher learning endeavors. Infrastructure WATER: The City of Eagle is currently served by three (3) different water providers; City of Eagle Water, Eagle Water Company and Suez Water. WASTEWATER: The Eagle Sewer District administers the collection and treatment system for the majority of its incorporated area, however, a small portion of the community with large lots utilize septic systems. Treatment: The Eagle Sewer District WWTP provides initial wastewater treatment prior to discharge to the City of Boise’s West Boise WWTF for additional treatment and disinfection before discharge to the Boise River. Eagle Sewer District does not maintain an NPDES discharge permit. The existing facility includes a headworks with influent pumps, screening, grit removal and flow monitoring followed by treatment by aerated lagoons. This section includes details of the major equipment currently used at the facility, their capacities, and condition. An effluent pump station lifts treated effluent from a settling pond to the West Boise WWTF. VEHICULAR TRANSPORTATION: Eagle is located directly off Eagle Road (SH-55), which is a main thoroughfare that connects directly to Interstate 84. In addition, State Highway 44 runs in an east-west direction through Eagle connecting to State Highway 37 20 55 and highway 16. In the future, State Highway 16is planned to connect north- south from west Eagle to Interstate 84. This will be a 7.49 mile limited-access expressway. Interchanges at Franklin Road, Ustick Road, U.S. 20/26 and Idaho 44 will provide motorists access to Idaho 16. A network of local roads will provide access to and from local neighborhoods and businesses. Currently, highway 16 begins at the junction of US-20/US-26. It meets at a junction with State Highway 44, with Star to the West, and Eagle to the East continuing north to Emmett. This highway is proposed to be extended south to Interstate 84. 21 The US-20/ US-26 corridor is one of east-west commuter routes that connects to I-84 in Boise all the way to I-84 in Caldwell, traveling directly through Eagle. The road is currently a two-lane, suburban and rural roadway. The Idaho Transportation Department (ITD) is continuing work to develop a long-range plan for U.S. 20/26 from Eagle Road west to I-84. The plan will include recommended roadway improvements and identify right-of-way needs for the corridor between now and 2040. If these improvements are approved, the highway would ultimately be widened to a six-lane 20 Idaho Transportation Department Projects Website 21 Idaho Transportation Department Projects Website 38 divided highway from Eagle Road west to Interstate 84. The plan would be to do this in phases, with construction to widen to four-lanes between Eagle Road and State Highway 16 in 2020-2021, and to six lanes by 2040. State Highway 44 starts at the junction of Interstate 84 north of Caldwell. The highway heads eastward staying mostly to the north of the Boise River. The highway goes through the cities of Middleton and Star, meeting its junction with SH-16. Highway 44 continues east through Eagle and intersects with State Highway 55. From Eagle eastward, the highway is also known as State Street and continues toward Boise before ending at US-20/US-26. The widening of State Highway 44 between State Highway 16 and Linder Road is budgeted and will be constructed as a four (4) lane road. ITD has selected a half continuous flow intersection design for the Eagle Road/Idaho 44 intersection as the preferred improvement. Construction is expected to begin as early as 2021. State Highway 55 is an Idaho highway from Marsing to New Meadows, connecting with US-95 at both ends. US-95 starts with the junction of US-95, approximately two miles west of Marsing. The highway heads eastward to Nampa, where it meets Interstate 84 and US-30. The highway is cosigned with those routes as it heads eastward to Meridian. Highway 55 turns northward at Eagle Road and crosses the Boise River. East of Eagle, Highway 55 turns northward and climbs over the Spring Valley Summit into Horseshoe Bend and continues through until it reaches US-95 in New Meadows. FREIGHT RAIL: The City of Eagle does not have freight rail within its boundaries. 39 AVIATION:The Boise Airport (BOI) is located 15.4 miles southeast of Eagle, with access provided via Interstate 84. The Boise Airport handles more than three million travelers each year and is served by seven major airlines which offer nonstop flights to 21 major cities, including Chicago, Denver, Dallas/Fort Worth, Houston, Las Vegas, Los Angeles, Minneapolis, Oakland, Phoenix, Portland, Lewiston, Reno- Tahoe, San Diego, San Jose, Sacramento, Seattle, and Spokane. The Boise Airport has two parallel runways, 10R/28L and 10L/28R. The primary instrument runway, Runway 10R/28L is 9,763 feet long and 150-feet wide. The runway has a category III instrument Landing System with minimums to 400 feet visual range. This gives the Boise Airport one of the safest and most efficient landing systems in the nation. Runway 10L/28R is 10,000 feet long and 150-feet wide. GENERAL AVIATION: FedEx and UPS both operate out of the Boise airport providing access to fast shipping. In addition, almost 50 motor freight trucking companies, 30 air freight and package express companies, and several air courier services operate from the facility. TRANSIT: The City of Eagle is not served by rail-transit service currently. However, Public Transportation is provided by ValleyRide (Valley Regional Transit) and Commuteride (Ada County Highway District). ValleyRide provides public bus transportation throughout the Boise Valley and Commuteride provides van and carpooling services in the area. Starting in the spring of 2020, transit service will be provided along State Highway 44 to downtown Eagle, from Boise City to the East. SEA ACCESS: The furthest that sea cargo can transit into the western coast of the United States is located on the Columbia River at the Port of Lewiston, Idaho. The port has full intermodal capabilities and provides the largest crane, warehouse, and grain storage facility on the inland river system. NON-VEHICULAR TRANSPORTATION AND CONNECTIVITY: The City has invested significant resources in the design and implementation of a comprehensive and connected system of parks, trails and open space. FIBER SERVICE: The ability to connect to a fiber network allows companies (and individuals) to expand their network and bandwidth, allowing them to connect their facilities with direct access to all major datacenters and carrier network access points. There are four diverse fiber routes that go from Salt Lake City through the Boise Metro – three underground and one aerial. There are also four facilities-based fiber providers in the Boise Metro: Syringa Networks, Integra Telecom, Zayo and CenturyLink. All of these providers build fiber in rings. All fiber routes go west to Seattle and Portland and South to Salt Lake City then on from there. However, certain areas within Eagle could benefit tremendously from active fiber, especially within the downtown. 40 ELECTRIC SERVICE: The City is served with electricity by Idaho Power Company. Idaho Power obtains energy from a diverse set of generation resources, long-term power purchase agreements, and short-term market purchases. The estimated fuel mix for Idaho Power's resource portfolio (2014) is: 43% hydropower, 8% Natural Gas, 11% Wind, 35% Coal, & 3% Geothermal & Other. Idaho Power provides service to businesses for 40 percent less than the national average and sources over half of its resource portfolio from clean, reliable hydropower, making them a consistent, reliable energy provider. NATURAL GAS/PROPANE SERVICE: Intermountain Gas Company is the primary distributor of natural gas in the Eagle. As the first utility in the Northwest to offer choice of transportation to industrial customers, Intermountain Gas Co. continues to offer several alternatives tailored to meet natural gas energy needs. Where existing service is not available, Suburban Propane, Ferrellgas, Ed Staub & Sons and Amerigas may provide tanked propane service. Sites and Buildings The ability to be successful in economic development hinges upon having available buildings and fully improved sites that meet the needs of new business prospects and existing businesses looking to expand. According to the 2019, Q2 Market Review by Collier’s International, Office vacancy continues to remain low both locally and nationally. Over 60% of the U.S. office markets have a vacancy rate below the national average of 10.2%; 46% percent of those markets are below 10%. The office market continues to be dominated by tech and coworking firms that continue to expand. Full-service average asking rates in Eagle are lower than most of Boise and Meridian, however; the total available square footage in Eagle is extremely 22 low compared to other communities. Retail asking rates in Eagle area comparable to surrounding communities, but vacancy rates are low. All of the manufacturing space in Eagle is occupied leaving Eagle with a vacancy rate of 0.0%. However, we continue to see inquiries for manufacturing or flex type space. When it comes to attracting new users or accommodating existing business that would like to expand, the deficiency of office, retail, and flex space will continue to place Eagle at a disadvantage against its competitor communities. 22 2019, Q2 Market Review by Collier’s International 41 23 Table 9: Sites and Buildings OFFICEVACANCY RATESFS AVG ASKING RATETOTAL AVAIL SF SF/SUBMARKET Airport10.75%$11.77 367,90639,545 Central Bench7.44%$14.19 2,576,385191,564 Downtown Boise8.84%$21.89 6,975,103616,894 Eagle2.87%$16.01 843,71324,221 Meridian6.45%$18.36 3,596,205231,922 Garden City/Northend/Northwest8.74%$15.48 839,15873,353 Southeast Boise3.71%$17.20 1,639,08560,837 Southwest Boise6.94%$16.89 1,041,86772,294 West Bench7.98%$13.97 3,765,104300,629 RETAILVACANCY RATESFS AVG ASKING RATETOTAL AVAIL SF SF/SUBMARKET Airport0.91%$14.00 165,5171,510 Central Bench13.88%$13.64 1,477,031204,952 Downtown Boise5.33%$18.50 1,732,23892,403 Eagle2.93%$17.56 946,02627,682 Meridian6.32%$19.27 3,616,321228,672 Garden City1.65%$9.00 752,91012,426 Northwest Boise8.74%$13.40 815,85871,306 Northend Boise1.24%$15.62 179,9802,232 Southeast Boise1.68%$16.42 1,252,62021,086 Southwest Boise3.66%$15.82 1,724,47363,201 West Bench6.51%$16.47 3,003,811195,454 MANUFACTURING/FLEXVACANCY RATESAVG NNN ASKING RATETOTAL AVAIL SF SF/SUBMARKET Airport2.19%$0.56 4,499,74498,581 Central Bench1.51%$0.59 2,645,08539,844 Downtown Boise0.00%$-1,000,748- Eagle0.00%$-351,896- Meridian4.94%$0.72 4,155,439205,446 Garden City/Northend/Northwest1.65%$0.68 2,191,63436,267 Southeast Boise1.20%$0.85 5,904,91471,014 Economic Incentives The City of Eagle currently does not have a formal incentive & investment program. A local policy should be implemented addressing local incentives with eligibility requirements. This program can be used to guide City Staff and City Council decision-making when evaluating the expenditure of public funds for eligible development projects. The policy should establish general procedures and requirements to govern the fair, effective and judicious 23 2019, Q2 Market Review by Collier’s International 42 use of incentives by the City in order to help meet its economic development goals, such as; Job growth in excess of population growth Increasing the share of the tax base coming from nonresidential growth; Increasing the market presence of services and products currently lacking in the community; and Increasing career opportunities by attracting well-paying jobs for residents and expanding industries. These investment programs should be designed to promote growth within target industries and to help Eagle be competitive with other cities. Below are some recommended guidelines for an incentive and investment policy. Eligible projects should meet one or more of the following criteria: Economic Development will be substantially furthered by waiving of fees or reduction of expended funds. Expansion of the local tax base. Project will generate revenue for municipal services. Creation of permanent employment opportunities. The number and types of jobs to be created or retained (full-time vs. part-time) and whether or not benefits for employees will be provided. Project is within one of the City’s targeted industry clusters. Project is within the City’s established Redevelopment Area. Project will contribute to the long-term environmental sustainability of the City, example LEED certified projects. Project will produce a unique or competitive economic advantage for the City. The benefits the City will receive from the project clearly outweighs the costs of the incentives. The project induces private economic activity where it might not have otherwise occurred. Note: Start-up businesses and small businesses should be considered on a case by case basis. The City of Eagle may consider the following project investments subject to a thorough analysis of the project: Waive any or all of the following fees required to be paid in connection with a non-residential project – Planning & Zoning fees, engineering review fees, plan review fees, application fees, connection fees (where applicable), and building permit fees. 43 Enter into a written agreement whereby the City shall contribute to the costs of public infrastructure, as determined by the Mayor and City Council, which are required to be constructed in connection with a commercial or industrial project. (financial assistance for curb cuts, driveways in the public right-of-way, water/sewer extensions, drainage improvements, etc.) Initiate the process of applying for federal and state economic development grants, low interest loans and job training programs through partner agencies. Financing through Improvement Districtsor Community Facilities Districts. Expediteplan review andpermit issuance, including commitments for permits at foundation stage. Streamlining development processes (where allowed by law). Entering into a written agreement to use available state incentive programs. Partnering with the local urban renewal agency to provide financial assistance for infrastructure improvements as an incentive for the company. Consider the following policy changes: Create policies whereby if a project meets one or more of the above criteria, the Mayor is authorized to waive any or all of the following fees required to be paid in connection with a commercial or industrial project: plan review fees, inspection fees, planning and land use fees, application fees, city connection fees, and the like. Create policies whereby if a project meets one or more the above criteria, the Economic Development Director may request expediting of the building permitting process. 44 SWOT Analysis Strengths: Your community’s strengths demonstrate an economic advantage over an alternate location and present an opportunity for which you can build upon and leverage. STRENGTHS Exceptional quality of life; community amenities; availability of recreational opportunities Educational attainment of the population exceeds the national average; highest in the region Small town feel and charm Eagle’s location within the southwest Idaho region that includes Boise, Idaho, affords excellent market positioning. Lack of inventory tax Availability of skilled labor (human capital) Entrepreneurial spirit Rigorous design standards Strong income base provides market support for local serving businesses Eagle’s population and median household income is forecasted to grow over the next five years; current median income exceeds the national average Eagle’s location at the intersection of Four (4) major transportation corridors traversing through the city Top rated schools; quality of local elementary and secondary education Access to strong post-secondary education institutions and workforce development training Redundant, reliable and low-cost utilities; availability of infrastructure (sewer, fiber, water, gas, electric, wastewater) Low labor costs; wage rates Success and growth of existing major employers Industry clusters in the City are in professional and business services, finance activities, construction, retail and healthcare and social assistance City administration’s commitment to economic development Low Crime Rates Attractive neighborhoods and gateways 45 Weaknesses:Weaknesses are economic development characteristics that place your community at a disadvantage relative toother communities. It is important to recognize and understand any weaknesses that exist within your community and identify actions for mitigation. WEAKNESSES Economic base currently overly dependent on residential Lack of up-to-date zoning ordinances Lack of economic development growth strategies and policies High priced housing and rental rates; lack of diversity of housing choices for varying income levels; The amount of affordable housing may not be enough to accommodate an influx of younger residents Lack of shovel-ready land for employment uses and target industries Lack of downtown business improvement district; lack of downtown strategic plan Undefined image; no real brand Community Perception; elitist, only for the wealthy, unfriendly, difficult to get through development process; The City has a reputation as not business friendly Unfavorable perception of the business climate High percentage of out-commuters Retail leakage City departments have a lack of knowledge of economic development and their role in it Traffic congestion; north-south connectivity Aging population; older median age The City’s development process is inadequately described on the City’s website; lack of flow-charts describing the development processes and timelines The City is missing the level of urban environment sought by many younger workers. Limited economic development capacity; one-person staff 46 Opportunities: Opportunities are economic development related assets or circumstances which demonstrate a potential for growth, improvement or support of other economic development related activities. Opportunities may provide the community with a competitive advantage and should be explored to determine the level of potential. OPPORTUNITIES Expansion and diversification of existing businesses, especially those in growth sectors through business attraction and business retention and expansion efforts Additional retail, restaurant and service business opportunities Downtown revitalization and investment Work with agency partners to develop a master infrastructure and growth plan to facilitate development Access funding to facilitate development of new community amenities (cultural facilities, community center, downtown streetscape) Preserve land for employment uses and target industries Develop a plan and policies for affordable and workforce housing Create marketing strategy and talent attraction campaign to increase the availability of experienced and capable young employees (succession planning) Provide incentives for property within the impact area to annex when they are qualified Creation of jobs in the City that match the skill base of City residents thereby helping to reduce out-commuting, which in turn will help alleviate some of the traffic congestion Create an institutionalized process for reviewing and streamlining the development process that is dependable and followed by all departments; There is a need for the continued political will to change the City’s development regulations and procedures; Land use regulations and process need to be streamlined Look at what the University of Idaho and Boise State University is graduating students in and build clusters around those areas Growing agriculture and viticulture sectors Threats: Threats refer to internal and external forces with the potential to threaten the local area’s resources, opportunities, or values. It may not be possible to resolve all identified threats, however, there are often actions and strategies to mitigate the impacts. Threats are typically categorized as political, economic, competitive, and technological. THREATS Intense regional and national competition Impacts of economic recession Changes to the regulatory environment that negatively impacts specific industries Perception as a difficult city for businesses Aging population Limited government financial resources Political climate / conflicts over growth Continued tax base reliance on residential properties Slowing regional growth 47 TARGET INDUSTRY ANALYSIS Identifying opportunities for Eagle to foster a sustainable local economy The identification of existing and potential industry clusters is a critical element of a strategic plan for economic development. Industry clusters are strategic groupings of businesses and industries that locate within close proximity of each other, or near a strategic resource, to gain economic benefits. A target industry analysis is an analytical methodology used to identify business clusters that best fit and would likely benefit from a community’s assets. If the business clusters succeed, the resulting economic activity provides stimulus to the community. The analysis also considers the local community and region’s values and desires; existing industry base; local and regional resources and assets; area economic trends; and forecasted industry trends (locally, regionally and nationally). All of these components together when matched with emerging trends and technology, can create a clear road map and a coordinated course of action across all local assets and resources to facilitate the development, attraction, and cultivation of innovative businesses and associated job creation to position the economy for sustained, directed growth, raising the quality of living for the citizensof Eagle. Introduction Under the leadership of the Mayor, there is a new focus on economic development for the City of Eagle. The Target Industry Analysis (TIA) is part of a larger economic development program to support local businesses and attract new complimentary companies for long-term sustainable economic growth in Eagle. Before an action plan for implementation can be developed, it is important to understand Eagle’s target market. A target industry analysis is an analytical method to identify a community’s best fit with traded-sector industries – those industries that would most benefit from the community’s assets and be willing to expand and/or relocate to the area – and those industries that bring value to the community in the form of investment, jobs, payroll and local purchasing. The purpose of this report is to document the methodology and conclusions of a target industry analysis to identify favorable industries for Eagle to pursue for business recruitment. It is especially important for to understand what industries are most likely to be successful and prosper in in Eagle in order to focus limited resources 48 on recruiting industries that are likely to prosper in Eagle’s business climate. With limited resources (time, money and personnel), it is important to be strategic in the focus of marketing. Methodology A targeted industry analysis begins with the geographic identification of the study area. Eagle is situated in the southwest valley of metropolitan Boise on the far northeastern edge. Viable industry clusters will be identified for the City based on a variety of factors including workforce availability and high educational attainment levels, industry growth trends (local, regional and national), available land to accommodate this growth, community conditions and market analysis, and success in the City’s current economic development focus. Other factors that play into the final compilation of industry targets are retail supply and demand, in-flow and out-flow commute patterns of the residents and local workforce, occupations of Eagle residents. A database was compiled of business and industry within Eagle and within the region to gain a deeper understanding of the major industry sectors, as well as their growth, local and regional concentration, and their importance to the area economy. Several factors are utilized when evaluating the various industry sectors, including the relative employment concentration, known as the location quotient (LQ), the number of jobs linked to each industry sector, employment growth, and change in the LQ (relative concentration of the industry). Location quotients are used to identify the relative concentration of local employment within a given business sector. For the purpose of this analysis the LQ for the Eagle was examined against the region. Industries were examined at the two-digit NAICS level. A location quotient is computed for each industry, using the following mathematical formula: An industry with a LQ equal to 1.0 has the same share of total employment as the industry’s share of the regions employment. If a LQ is greater than 1.0, that signifies that the industry is more concentrated within Eagle than the region. Likewise, if a LQ is less than 1.0 that means it is less concentrated than the region. Location quotient tells a much different story than merely job numbers or job growth. Industries with high LQ are typically (but not always) export-oriented industries, which are important because they bring money into the community or region, rather than simply circulating money that is already in the community or region (as most retail stores and 49 restaurants do). Industries which have bothhigh LQ and relatively high total job numbers typically form a community or region’s economic base. Note:Attention should be given to these industries not only for the jobs they provide, but also for their multiplier effect— the jobs they create in other dependent industries like retail trade and food services. LQ is augmented by two other pieces of information: size of industry/cluster/occupation in terms of jobs, and percent change in LQ over a given time period. An example would be an area like Sun Valley, Idaho will show high-LQ industries in hospitality sectors like hotels/motels and food services. This again quantifies Sun Valley’s economic dependence on tourism, hospitality, and recreation—one of its major “export” industry clusters. Another large, high-LQ industry in Sun Valley is private households, which quantifies the concentration of wealthy home-owners who have out-of-region sources of income and employ workers like cooks, maids, groundskeepers, chauffeurs, etc.—and whose presence is another major driver of the local economy, though it is not what we typically think of as an “export.” The end result of the target industry analysis will be to determine the primary industry targets and any emerging industry targets that are most appropriate for Eagle. “Primary Target Sectors” represent those sectors that are currently concentrated to some degree in Eagle and the surrounding region, exhibit strong growth potential, and currently benefit from some existing assets from which existing and prospective companies derive some competitive advantage(s). “Emerging or Developmental Sectors” represent those sectors for which Eagle is not currently competitive but may have potential with adequate investment in the community’s asset base. Although these sectors may not drive significant job creation in the short- term, they align with other desired attributes of the community and its residents as identified through this analysis and during the City’s comprehensive planning process. Such desired attributes include greater economic diversification, more local jobs for residents that commute out for work, and the development of an economic identity outside of a “bedroom community”. Industry Short List Utilizing the master list of all industries, a filtering approach was employed to short list industries for Eagle that meet certain criteria. 1. The first step is to calculate the employment growth over a five-year time horizon at the two-digit NAICS code and delete any industries that had zero employment. 50 2.The second step is to calculate the location quotient for each industry against the region and eliminate those industries that did not have a LQ greater than 1.0. 3. The last step is to identify desired industry that did not meet the criteria, yet is important to the City’s economic development efforts, and include those industries within the targeted industry list. Once a complete list of recommended target industries is determined, research on each proposed industry cluster is performed in order to clarify and inform on the needs for each cluster. With this information, Eagle’s economic development efforts can be more focused on the value proposition that Eagle offers companies in these target industries. As mentioned earlier in the summary, five (5) primary employment sectors were identified in the economic development chapter of the comprehensive plan (2017). A formal study of industry sectors was not conducted to identify these targets. Technology Light/Custom Manufacturing Recreational Technology Boutique/Specialty Food Processing Corporate/Back Office Key Concepts Key Concepts related to target sector development are clusters and targets. CLUSTERS:Clusters represent groups of interrelated businesses that choose to collocate for one reason or another. Clustering can occur among competing or cooperative firms with a variety of different catalysts supporting these agglomerations. A group of suppliers may choose to locate in proximity to a major manufacturer for research and development efficiencies and reduced transportation costs. Other firms may co-locate in a specific area in order to take advantage of a specialized labor pool or to be in close proximity to specific infrastructure. As the cluster grows, so too do the benefits afforded to the companies within the cluster: the available workforce grows, the potential for collaboration expands, competition may drive down costs, buyer and supplier networks expand, among other potential impacts. TARGETS:A targeted sector – or simply a “target”– is any type of business activity that is strategically pursued by an economic development organization and its partners for growth and development; a “target” is an area where financial and staff 51 resources, and the programs and policies they support, are specifically focused. “Targets” are ideally those segments of an economy where competitive advantages exist, prospects for future growth are greatest, and return on investment is likely highest. A “target” can be a single business sector with high growth potential or a “cluster” of businesses in related sectors. But many choose to target business sectors that are not presently concentrated in their community. This may be because such activities are rapidly expanding, exhibit potential to become clusters in the years and decades to come or align with other strategic objectives of the community. Critical Site Selection Factors 24 Businesses looking to relocate or expand evaluate the community’s welcoming climate, along with many other critical factors in order to make the final decision. Those factors include: Demographics Educational Attainment Proximity to Post-Secondary Education or Training Historic Unemployment Location, Size and Wages of Competitors Local Employment Drivers Recent Expansions/Recent Closures Availability of Skilled Labor Wage Rates Infrastructure Conditions (roads, utilities, fiber, etc.) Highway Accessibility Quality of Life Logistics Costs Real Estate Availability Labor Costs Tax Rates Proximity to Major Markets State and Local Incentives Energy Availability and Utility Costs Development Process Timelines Results of Employer Interviews Industry Related Competitive Assessment To determine Eagle’s target sectors, a solid understanding of the community’s asset 24 Area Development Articles on Site Selection and Site Selection Group 52 base was required. This involves knowing the strengths and weaknesses, as they relate to the needs of varying business sectors. The factors that medium to large companies consider when evaluating a community as a potential location for a new facility are often referred to as site location factors, site selection factors, or site considerations. These factors vary tremendously by sector. For example, Corporate headquarters typically seek locations with a well-educated workforce, exceptional passenger air connectivity, and abundant quality of life amenities. Identifying positive characteristics that correspond with specific industry sectors will help position Eagle for competitiveness; likewise, understanding the challenges will help Eagle identify areas that need further investment if Eagle wishes to transform such challenges or deficiencies into assets. It is important to note that the list of community assets and weaknesses below varies by sector; some industry sectors might consider something that is listed as an asset to actually be a weakness for their particular business. Positive Location Considerations: (Community assets that enhance competitiveness for certain industry sectors and economic activities) Part of one of the fastest growing metropolitan areas in the nation Appealing climate with plenty of outdoor recreation opportunities; ability to test products right out back door Affordability and reliability of electricity; one of the lowest in the Pacific Northwest Quality of life amenities that may appeal to well-educated or those from larger metros High percentage of workforce with bachelor’s degree or higher Some existing class A office space; small square footages Strong training pipeline supported by College of Western Idaho, Boise State University and University of Idaho Relatively low wages for many occupations in comparison to other metro areas; provides a labor cost advantage Four (4) major transportation corridors traverse through and around Eagle providing connection to the entire metro area (Hwy 55, Hwy 44, Hwy 16 and US 20/26) Direct connection to Interstate 84 via Hwy 55 Abundance of workers in certain professional skill sets Proximity to four-year degree opportunities/four-year campus Passenger air connectivity via Boise Airport to major destinations; non-stop flights to 20 locations Cost of living is lower than the national average High quality design standards (buildings, landscaping, open space) Agribusiness (wineries, fruits, vegetables) Ability to test products outdoors 53 NegativeLocation Considerations: (Community weaknesses that inhibit competitiveness for certain industry sectors and economic activities) Lack of accessibility and connectivity of rail network; no rail in Eagle Lack of available land or buildings for industrial uses; sites and zoning Lack of larger existing buildings for commercial; >10,000 sf Lack of shovel-ready land for commercial; west of Eagle Road Lack of larger parcels for commercial development; >1 acre Somewhat difficult and redundant development processes Traffic congestion Perception of the community >10 minutes from the interstate No rail The aforementioned findings from the Competitive Assessment illustrate Eagle could be competitive for recreation technology and somewhat competitive for small custom manufacturers, but suggest Eagle is particularly competitive for many “white-collar” jobs (professional services, information technology, corporate headquarters, technology, etc.), and retail development. Eagle is uncompetitive for medium and heavy manufacturing or large distribution type facilities, especially those that require rail, and uncompetitive for large food processing or large warehouse type facilities. The detailed analysis that follows presents a more comprehensive evaluation of the factors influencing the competitiveness of specific activities that reflect the recommendations for target business sectors in Eagle. These recommendations are based on a review of sector performance, workforce attributes, and site location considerations. All sectors, primary target and emerging/developmental, represent Eagle’s past, present and future identity, with an end goal of diversifying the economy to relieve some of the tax burdens from residents, and to enhance quality of life amenities within Eagle in order to become a “complete” community. A complete community represents a community where residents can live, work and play; and provides for shopping, dining and entertainment without having to travel outside of the community. Each of the industry sectors that will be identified includes a variety of subsectors for which Eagle may be particularly competitive. These subsectors will help guide the discussion and planning for proactive targeting. 54 25 Historical Growth Industries and Trends It is important to not only look locally for growth industries but also to understand regional and national trends. According to the Bureau of Labor Statistics, total employment is projected to grow nationally by 11.5 million jobs over the 2016-2026 decade. By 2026, the service-providing industry sectors are projected to account for more than 81 percent of all wage and salary jobs in the economy and for most of the job growth. The health care and social assistance sector will account for more than one- third of the jobs added over the projections decade. The real output of the total service-providing sectors is projected to grow slightly faster than that of the overall economy from 2016 to 2026. Although employment in the goods-producing sectors is expected to grow by an annual rate of 0.1 percent from 2016 to 2026, real output in those sectors is expected to grow 2.1 percent annually over the decade. Occupational employment is expected to increase by 7.4% between 2016 and 2026. All occupational groups are expected to add jobs over the projection’s decade except for the production occupations; and farming, fishing and forestry occupations. Healthcare support occupations (23.6 percent) and healthcare practitioners and technical occupations (15.3 percent) are projected to be among the fastest growing occupational groups during the 2016–26 projections decade. These two occupational groups—which account for 13 of the 30 fastest growing occupations from 2016 to 2026—are projected to contribute about one fifth of all new jobs by 2026. Factors such as the aging baby-boom population, longer life expectancies, and growing rates of chronic conditions will drive continued demand for healthcare services. Several other occupational groups are projected to experience faster than average employment growth, including personal care and service occupations (19.1 percent), community and social service occupations (14.5 percent), and computer and mathematical occupations (13.7 percent). The largest employment sector in the City of Eagle is Construction. The next-largest sectors are Retail Trade and Accommodation and Food Services. High location quotients (LQs) indicate sectors in which a region has high concentrations of employment compared to the national average. The sectors with the largest LQs in the region are Arts, Entertainment, and Recreation (LQ = 2.58), Construction (2.29), and Real Estate and Rental and Leasing (1.66). Sectors in the City with the highest average wages per worker are Manufacturing ($106,474), Management of Companies and Enterprises ($105,901), and Utilities 25 Bureau of Labor Statistics 55 ($76,564). Regional sectors with the best job growth (or most moderate job losses) over the last 5 years are Construction (+401 jobs), Administrative and Support and Waste Management and Remediation Services (+300), and Health Care and Social Assistance 26 (+228). Over the next year, employment in Eagle is projected to expand by 147 jobs. The fastest growing sector in the region is expected to be Health Care and Social Assistance with a +3.0% year-over-year rate of growth. The strongest forecast by number of jobs over this period is expected for Health Care and Social Assistance (+25 jobs), Construction (+20), and Accommodation and Food Services (+15). The largest sector in the Boise Metro is Health Care and Social Assistance. The next- largest sectors in the region are Retail Trade and Manufacturing. High location quotients (LQs) indicate sectors in which a region has high concentrations of employment compared to the national average. The sectors with the largest LQs in the region are Agriculture, Forestry, Fishing and Hunting (LQ = 1.65), Construction (1.36), and Administrative and Support and Waste Management and Remediation Services (1.20). Sectors in the Boise Metro with the highest average wages per worker are Management of Companies and Enterprises ($100,202), Utilities ($85,458), and Manufacturing ($84,798). Regional sectors with the best job growth (or most moderate job losses) over the last 5 years are Construction (+8,139 jobs), Health Care and Social Assistance (+6,840), and Accommodation and Food Services (+6,627). Over the next year, employment in the metropolitan area is projected to expand by 5,486 jobs. The fastest growing sector in the region is expected to be Health Care and Social Assistance with a +2.7% year-over-year rate of growth. The strongest forecast by number of jobs over this period is expected for Health Care and Social Assistance (+1,297 jobs), Construction (+510), and Retail Trade (+501). Table 4 represents a comparison of the historical and projected growth of industries within the Boise Metro and Eagle. Overall, Eagle has been experiencing a much higher percentage of non-residential growth than 27 the metro. 26 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2018Q3 with preliminary estimates updated to 2019Q1. Forecast employment growth uses national projections adapted for regional growth patterns. 27 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of 56 Labor Statistics and imputed where necessary. Data are updated through 2018Q3 with preliminary estimates updated to 2019Q1. Forecast employment growth uses national projections adapted for regional growth patterns. 28 Table 1: National Projected Percent Change in Industry Employment, 2016-2026 INDUSTRY ANNUAL RATE OF CHANGE Health Care and Social Assistance1.90% Mining1.40% Educational Services, Private1.30% Construction1.20% Professional and Business Services1.00% Leisure and Hospitality0.80% Transportation and Warehousing0.70% Financial Activities0.60% Other Services0.50% State and Local Government0.40% Retail Trade0.30% Wholesale Trade0.20% Information0.20% Utilities0.10% Federal Government-0.20% Manufacturing-0.60% 29 Table 2: National Projected Employment Percent Change, By Occupational Groups, 2016-2026 OCCUPATIONS U.S. ANNUAL RATE OF CHANGE Healthcare Support23.60% Personal Care and Service 19.10% Healthcare Practitioners and Technical15.30% Community and Social Service 14.50% Computer and Mathematical 13.70% Construction and Extraction 11.00% Business and Financial Operations9.60% Life, Physical, and Social Science 9.60% Education, Training, and Library 9.40% Food Preparation and Serving Related 9.30% Building and Grounds Cleaning and Maintenance9.30% Legal 9.10% Management8.50% Architecture and Engineering 7.50% Installation, Maintenance and Repair 6.60% Transportation and Material Moving 6.20% Arts, Design, Entertainment, Sports and Media 6.10% Protective Service 4.50% 28 Bureau of Labor Statistics 29 Bureau of Labor Statistics 57 30 Table 3: Boise MSA Industries with High Employment Growth and High GrowthOutput (GDP) HIGH EMPLOYMENT GROWTH HIGH OUTPUT GROWTH ConstructionConstruction Transportation and WarehousingLeisure and Hospitality Leisure and HospitalityRetail Trade Other Services (Except Public Professional and Business Services Administration) Financial ActivitiesEducation and Health Services Professional and Business ServicesManufacturing ManufacturingOther Services (Except Government and Government Enterprises) Educational and Health ServicesGovernment and government enterprises Retail TradeNatural Resources and Mining 31 Table 4 provides data showing the industry’s in Eagle with location quotient (LQ) over 1.00. Those industriesare: Arts, Entertainment and Recreation (LQ 2.58) Construction (LQ 2.29) Real Estate and Rental and Leasing (LQ 1.66) Finance and Insurance (LQ 1.41) Administrative and Support (LQ 1.39) Professional, Scientific and Technical Services (LQ 1.26) Accommodation and Food Service (LQ 1.24) Other Services (except Public Administration) (LQ 1.23) Educational Services (LQ 1.18) Retail Trade (LQ1.08) Out of the Ten (10) Industry’s with an LQ > 1.00, Table 5 shows the industry’s with strong historical growth rates (in order by growth) and a strong projected growth rate (in order by growth). 30 Idaho Department of Labor 31 Source: JobsEQ® 58 32 Table 4: Industry Snapshot for Boise Metro & Eagle, Sorted by Largest 5-Year Growth BOISE METRO5-YEAR 1-YEAR EAGLE5-YEAR 1-YEAR GROWTHFORECASTED GROWTHFORECASTED GROWTHGROWTH LQIndustryAnnual %Annual %LQIndustryAnnual %Annual % 1.20Administrative and Support and 2.4%1.8%1.39Administrative and Support and 9.9%1.80% Waste Management and Waste Management and Remediation Remediation ServicesServices 0.88Arts, Entertainment, and 4.6%1.6%2.58Arts, Entertainment, and Recreation9.8%1.6% Recreation 1.36Construction7.5%1.9%2.29Construction8.9%1.8% 0.76Transportation and Warehousing5.9%1.4%0.14Transportation and Warehousing7.6%1.1% 0.97Finance and Insurance4.2%1.7%1.41Finance and Insurance6.6%1.8% 0.97Health Care and Social Assistance3.1%2.7%0.67Health Care and Social Assistance6.5%3.0% 0.87Real Estate and Rental and Leasing3.7%1.4%1.66Real Estate and Rental and Leasing5.7%1.3% 0.85Professional, Scientific and 6.1%2.0%1.26Professional, Scientific and Technical 5.4%2.0% Technical ServicesServices 0.82Utilities0.5%1.4%0.49Utilities5.4%1.7% 0.92Other Services (except Public 3.2%1.4%1.23Other Services (except Public 5.2%1.7% Administration)Administration) 0.94Accommodation and Food Services5.3%1.6%1.24Accommodation and Food Services5.0%1.5% 1.07Retail Trade2.5%1.3%1.08Retail Trade4.9%1.1% 1.03Manufacturing3.6%0.4%0.28Manufacturing2.8%0.1% 0.90Management of Companies and 3.5%1.4%0.15Management of Companies and 2.4%1.4% EnterpriseEnterprise 0.85Educational Services2.2%1.3%1.18Educational Services1.8%1.3% 1.10Wholesale Trade2.2%1.1%0.7Wholesale Trade0.2%1.0% 1.20Public Administration1.2%1.0%0.34Public Administration-0.9%1.3% 0.14Mining, Quarrying, and Oil and Gas -1.4%0.9%0.41Mining, Quarrying, and Oil and Gas -4.5%0.6% ExtractionExtraction 0.68Information-0.7%1.1%0.41Information-6.3%1.4% 1.65Agriculture, Forestry, Fishing and 1.1%1.3%0.16Agriculture, Forestry, Fishing and -7.8%0.6% HuntingHunting 33 Table 5: Top Industry in Eagle by Historical and Projected Growth Top Industry’s by Historical Growth Rate Top Industry’s by Projected 1-Year Growth Rate Health Care and Social Assistance Administrative and Support Services Arts, Entertainment and RecreationProfessional, Scientific and Technical ConstructionFinance and Insurance Finance and InsuranceConstruction Real Estate and Rental and LeasingAdministrative and Support Professional, Scientific and Technical Services Utilities Other Services (except Public Administration)Other Services (except public administration) Accommodation and Food Service Arts, Entertainment and Recreation Retail TradeAccommodation and Food Service 32 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2018Q3 with preliminary estimates updated to 2019Q1. Forecast employment growth uses national projections adapted for regional growth patterns. 33 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of 59 Labor Statistics and imputed where necessary. Data are updated through 2018Q3 with preliminary estimates updated to 2019Q1. Forecast employment growth uses national projections adapted for regional growth patterns. The compilation of datathus far would suggest the primary target industry’s for Eagle should be: Professional and Business Services super sector o Professional, Scientific and Technical Services Sector: NAICS 54 o Back Office/Shared Services Sector: NAICS 55 o Managementof Companies and Enterprises Sector: NAICS 56 Finance Activities super sector o Finance and Insurance Sector: NAICS 52 Leisure and Hospitality super sector o Arts, Entertainment, and Recreation Sector: NAICS 71 o Accommodation and Food Service Sector: NAICS 72 Trade, Transportation, and Utilities super sector o Retail Trade Sector: NAICS 22 Although Health Care and Social Assistance does not have an LQ > 1.00, the historical growth rate and the projected growth rate for Eagle is high, and the growth rate for the region and nationally suggest growth across the nation in this industry. With Eagle having an older population, and with the nation getting older as a whole, it would be recommended that Health Care and Social Services should at a minimum be an emerging industry. Manufacturing for Eagle has a low LQ of 0.28 suggesting that Eagle would not be a competitive target market for certain types of manufacturers. This is coupled with the low historical growth rate, the very low projected 1-year growth rate of 0.1%, and the distance to interstates and rail. However, Eagle currently has seen an emerging interest in custom manufacturing and recreation technology companies. It is recommended that manufacturing is not a primary target but should be an emerging industry target for “custom” manufacturers or entrepreneurial start-ups. The suggested emerging industry 34 targets should be: Recreational Technology and Custom Light Manufacturing. 34 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2018Q3 with preliminary estimates updated to 2019Q1. Forecast employment growth uses national projections adapted for regional growth patterns. 60 35 In-Flow and Out-Flow Commuting Patterns An analysis of the U.S. Census Bureau’s Longitudinal-Employer Household Dynamics program helps illustrate the extent of Eagle’s labor shed. As of 2017data, approximately 8,060 people were living in Eagle, but employed outside the area, which equates to over 90% of theresidents commuting out of the City for work. Further analysis of the commuting patterns by occupational data identifies the net leakage of occupational skill setsin Eagle. When examining the characteristics of worker inflow and outflow, a greater percentage of Eagle residents out commute to higher wage jobs, primarily in the “all other services” classification such as health care, and professional, technical and educational services. People who are in- commuting to Eagle for employment are by and large younger than out commuters and are primarily employed in the “all other services” classification as well. Those that live and work in Eagle represent a much smaller cohort at only 872 residents. These workers are primarily between the ages of 30 to 54 and are nearly equally divided in their earnings, though notably the percentage of residents who work in Eagle making $1,250 per month or less has decreased slightly from 34.0% in 2015 to 33.6% in 2017. The vast majority of residents employed in Eagle are employed in the “all other services” classification. More than 51% of Eagle residents commuting out for work earn greater than $3,333 per month compared to those that commute into Eagle for work at 36.2%. When examining the place of work as provided in Table 7, nearly 51% of Eagle residents work in Boise, followed by other locations such as Meridian and Nampa. In commuters to Eagle primarily come from Boise, followed by Meridian, Nampa and Caldwell. As mentioned earlier, 2017 data showed that 8,060 Eagle residents out commute to work in a number of cities throughout the valley. Likewise, there are 7,206 workers 35 Source: US Census, On the Map Application and LEHD Origin-Destination Employment Statistics 61 who commute into Eagle for employment, which isan increase of over 2,000 workers commuting into Eagle since 2015. Table 6: Eagle Inflow Outflow Worker Characteristics, 2017 OUTFLOWINFLOWINTERNAL (Jobs filled elsewhere (Jobs filled in Eagle (Jobs filled by by residents)by outside workers)residents) WORKERS-ALL8,0607,206872 Age 29 or younger18.60%27.40%27.80% Age 30-5455.90%54.60%50.90% Age 55 or older25.50%18.00%21.30% WAGES $1,250 per month or less21.70%27.80%33.60% $1,251 to $3,333 per month27.00%35.90%27.10% More than $3,333 per month51.20%36.20%39.30% INDUSTRY Goods Producing13.60%17.00%11.80% Trade, Transportation & Utilities19.70%16.50%14.80% All Other Services66.70%66.50%73.40% Table 7: Where Eagle Residents are Employed WHERE EAGLE RESIDENTS WORK PERCENT % Eagle, Idaho9.80% Boise, Idaho50.80% Meridian, Idaho14.30% Nampa, Idaho4.30% Garden City, Idaho2.50% Caldwell, Idaho2.10% Twin Falls, Idaho0.90% Idaho Falls, Idaho0.80% Pocatello, Idaho0.40% Star, Idaho0.40% All other locations13.70% 62 Table 8: Where Eagle Workers Are Coming From WHERE WORKERS IN EAGLE ARE COMING FROMPERCENT % Eagle, Idaho10.80% Boise, Idaho30.70% Meridian, Idaho14.60% Nampa, Idaho6.90% Caldwell, Idaho3.60% Star, Idaho2.80% Garden City, Idaho2.40% Kuna, Idaho1.60% Emmett, Idaho1.10% Middleton, Idaho1.00% All other locations24.50% Recommended Industry Targets Based on the data provided within the target industry analysis coupled with the “Community Conditions and Market Analysis”, the following sectors have been identified as successful targets for the local market. Six (6) strategic economic development super sectortargets have been identified: 1. Professional and Business Services 2. Finance Activities 3. Leisure and Hospitality 4. Trade, Transportation, and Utilities 5. Education and Health Services 6. Manufacturing Within the super sectorslisted above, eight(8) sectors have been identified as primary target sectors: 1. Professional, Scientific and Technical Services 2. Administrative and Support Services 3. Regional/Corporate Offices 4. Finance and InsuranceServices 5. Arts, Entertainment and Recreation 6. Accommodation and Food Service 7. Retail Trade 8. Outdoor Products and Recreation Technology 63 In addition, three(3) emerging or developmental sectorswere identified: 1.Educational Services 2. Health Care and Social Assistance 3. Boutique and Light Manufacturing PRIMARY INDUSTRY TARGET #1: Professional and Business Services 36 TARGET PROFILE The professional and business services super sector is part of the service-providing industries super sector group. The professional and business services super sector consistof these sectors: Professional, Scientific, and Technical Services: NAICS 54 Management of Companies and Enterprises: NAICS 55 Administrative and Support and Waste Management and Remediation Services: NAICS 56 The Professional, Scientific, and Technical Services sector comprises establishments that specialize in performing professional, scientific, and technical activities for others. These activities require a high degree of expertise and training. The establishments in this sector specialize according to expertise and provide these services to clients in a variety of industries and, in some cases, to households. Activities performed include legal advice and representation; accounting, bookkeeping, and payroll services; architectural, engineering, and specialized design services; computer services; consulting services; research services; advertising services; photographic services; translation and interpretation services; veterinary services; and other professional, scientific, and technical services. The professional, scientific, and technical services sector consists of a single subsector, Professional, Scientific, and Technical Services: NAICS 541. The subsector consists of these industry groups: Legal Services: NAICS 5411 Accounting, Tax Preparation, Bookkeeping, and Payroll Services: NAICS 5412 Architectural, Engineering, and Related Services: NAICS 5413 Specialized Design Services: NAICS 5414 36 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary; U.S. Bureau of Labor Statistics and NAICS Association 64 Computer Systems Design and Related Services: NAICS 5415 Management, Scientific, and Technical Consulting Services: NAICS 5416 Scientific Research and Development Services: NAICS 5417 Advertising and Related Services: NAICS 5418 Other Professional, Scientific, and Technical Services: NAICS 5419 Industries in the Professional, Scientific, and Technical Services subsector group establishments engaged in processes where human capital is the major input. Professional, Scientific and Technical Services operations have minimal infrastructure requirements. Office space and high-speed internet are usually the basic requirements for a firm to operate. Instead, talent availability is more important. The distinguishing feature of the Professional, Scientific, and Technical Services subsector is the fact that most of the industries grouped in it have production processes that are almost wholly dependent on worker skills. In most of these industries, equipment and materials are not of major importance, unlike health care, for example, where "high-tech" machines and materials are important collaborating inputs to labor skills in the production of health care. Thus, the establishments classified in this subsector sell expertise. Much of the expertise requires degrees, though not in every case. If they are to thrive, Professional Services firms must be able to attract and retain talent. Quality of life is another critical location factor, as it facilitates the ability of Professional Services firms to recruit and retain the best talent. Professional, Scientific and Technical Services in Eagle is one of the top 10 industry sectors. This industry has seen an annual growth of 5.4% over the past five-year history, with a 2.0% annual growth projected in the next year. The location quotient is 1.26, which indicates a concentration greater than the national average. Current annual wages for occupations within this industry sector is $61,471 based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. The Management of Companies and Enterprises sector comprises (1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decision making role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise. 65 The Management of Companies and Enterprises sector in Eagle is also asector that has seen good growth over the past five-years at 2.4%. This industry is projected to continue growth through the next year at an annual rate of 1.4%. The location quotient is under 1.0, which indicates Eagle has less of a concentration than the national average; however, this industry is noted as a “target” industry for Eagle due to the competitive assets of the community, and the clusters that already exists within the community.Eagle is a viable location for small and medium sized, regional headquarters projects, and has the asset base to compete for larger corporate headquarters relocations. Current annual wages for occupations within this industry sector is $105,901 based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Choosing the right corporate headquarters is an intensely individualized and crucial decision for a company. A primary site location consideration is the cost of doing business, which involves real estate costs, labor costs, variable operating costs, taxes and utilities—all the things that go into operating a business. That being said, there are a lot of other components that will drive what makes a particular community attractive as compared to another: labor availability, the skillsets within the workforce and growth in the workforce and population. Another factor is proximity to an airport. Incentives and inducements from state and local jurisdictions to entice companies to locate in the community are also considered—income-tax credits, abatements, free training resources, etc. Still other factors are the quality of the municipal government on a local and state level and the quality of services, as well as the character and quality of secondary and post-secondary education. But the number one factor when choosing a headquarters 37 location is talent and recruitment. The Administrative and Support and Waste Management and Remediation Services sector comprises establishments performing routine support activitiesfor the day-to-day operations of other organizations. These essential activities are often undertaken in- house by establishments in many sectors of the economy. The establishments in this sector specialize in one or more of these support activities and provide these services to clients in a variety of industries and, in some cases, to households. Activities performed include office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services. 37 “What You Need to Know About Corporate HQ Site Selection” by GlobeSt.com/Collier’s International 66 The administrative and support and waste management and remediation services sector consists of these subsectors: Administrative and Support Services: NAICS 561 Waste Management and Remediation Services: NAICS 562 The Administrative and Support and Waste Management and Remediation Services sector in Eagle is one of the top 10 industry sectors. This sector has seen exceptional growth over the past five-years at 9.9% annually. This industry is projected to continue growth through the next year at an annual rate of 1.8%. The location quotient is 1.3, which indicates Eagle has a greater concentration than the national average. Current annual wages for occupations within this industry sector ($34,524) are less than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. However, these positions are necessary to support industry some of the targeted industry sectors. Eagle is currently home to and competitive for a variety of business support services (payment processing, outsourced or back office/shared services, etc.) and higher-wage corporate and professional services. This industry sector could provide employment opportunities for future generations so they can remain in Eagle following graduation from college. Eagle has marketable assets that could support new business recruitment and expansion of existing businesses within Eagle. Some of those assets include: A well-educated workforce with ample business and financial-related bachelor’s degrees or higher Quality of life amenities that appeal to the highly educated and the young professional Direct service to major markets across the country via Boise Airport High-quality design standards which affords high-quality office space Supporting infrastructure (fiber, power, sewer, water, etc.) 67 PRIMARY INDUSTRY TARGET #2: Finance Activities 38 TARGET PROFILE The financial activities super sector is part of the service-providing industries super sector group. The financial activities super sector consists of these sectors: Finance and Insurance: NAICS 52 Real Estateand Rental and Leasing: NAICS 53 The Finance and Insurance sector comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. The subsectors, industry groups, and industries within the Finance and Insurance sector are defined on the basis of their unique production processes. As with all industries, the production processes are distinguished by their use of specialized human resources and specialized physical capital. The finance and insurance sector consist of these subsectors: Monetary Authorities - Central Bank: NAICS 521 Credit Intermediation and Related Activities: NAICS 522 Securities, Commodity Contracts, and Other Financial Investments and Related Activities: NAICS 523 Insurance Carriers and Related Activities: NAICS 524 Funds, Trusts, and Other Financial Vehicles: NAICS 525 The Finance and Insurance sector in Eagle is one of the top 10 industry sectors. This sector has seen exceptional growth over the past five-years at 6.6%. This industry is projected to continue growth through the next year at an annual rate of 1.8%. Current annual wages for occupations within this industry sector ($69,314) are significantly more than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises 38 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary; U.S. Bureau of Labor Statistics and NAICS Association 68 establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. This sector also includes establishments primarily engaged in managing real estate for others, selling, renting and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and it was felt that from a production basis they would best be included here. In addition, a substantial proportion of property management is self-performed by lessors. The main components of this sector are the real estate lessors’ industries (including equity real estate investment trusts (REITs)); equipment lessors’ industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works). The real estate and rental and leasing sector consist of these subsectors: Real Estate: NAICS 531 Rental and Leasing Services: NAICS 532 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works): NAICS 533 The Real Estate and Rental and Leasing sector in Eagle is one of the top 10 industry sectors. This sector has seen above average growth over the past five-years at 5.7%. This industry is projected to continue growth through the next year at an annual rate of 1.3%. Current annual wages for occupations within this industry sector ($46,710) is slightly higher than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. PRIMARY INDUSTRY TARGET #3: Retail Trade 39 TARGET PROFILE The retail trade sector is part of the trade, transportation, and utilities super sector. The Retail Trade sector comprises establishments engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. 39 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary; U.S. Bureau of Labor Statistics and NAICS Association 69 The retailing process is the final step in the distribution of merchandise; retailers are, therefore, organized to sell merchandise in small quantities to the general public. This sector comprises two main types of retailers: store and non-store retailers. 1. Store retailers operate fixed point-of-sale locations, located and designed to attract a high volume of walk-in customers. In general, retail stores have extensive displays of merchandise and use mass-media advertising to attract customers. They typically sell merchandise to the general public for personal or household consumption, but some also serve business and institutional clients. In addition to retailing merchandise, some types of store retailers are also engaged in the provision of after-sales services, such as repair and installation. 2. Non-store retailers, like store retailers, are organized to serve the general public, but their retailing methods differ. The establishments of this subsector reach customers and market merchandise with methods, such as the broadcasting of "infomercials," the broadcasting and publishing of direct-response advertising, the publishing of paper and electronic catalogs, door-to-door solicitation, in-home demonstration, selling from portable stalls (street vendors, except food), and distribution through vending machines. The retail trade sector consists of these subsectors: Motor Vehicle and Parts Dealers: NAICS 441 Furniture and Home Furnishings Stores: NAICS 442 Electronics and Appliance Stores: NAICS 443 Building Material and Garden Equipment and Supplies Dealers: NAICS 444 Food and Beverage Stores: NAICS 445 Health and Personal Care Stores: NAICS 446 Gasoline Stations: NAICS 447 Clothing and Clothing Accessories Stores: NAICS 448 Sporting Goods, Hobby, Book, and Music Stores: NAICS 451 General Merchandise Stores: NAICS 452 Miscellaneous Store Retailers: NAICS 453 Non-store Retailers: NAICS 454 The Retail Trade sector in Eagle is the 2nd largest industry sector and is one of the sectors with the best job growth regionally over the last five (5) years. Eagle has seen above average growth over the past five-years in this sector at 4.9%. This industry is projected to continue growth through the next year at an annual rate of 1.1%. The location quotient is 1.08, which indicates Eagle has a slightly greater concentration than the national average. 70 Current annual wages for occupations within this industry sector ($32,849) are less than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary, but higher than some other industry sectors. Recent data from ESRI Business Analyst reports indicate a positive value in retail gap of over $209 million. A positive value represents “leakage” of retail opportunity outside the trade area. A negative value represents a surplus of retail sales, a market where customers are drawn into Eagle from areas outside of Eagle. The retail gap of $209 million represents the difference between the Retail Potential (Demand) and the Retail Sales (Supply). The Demand estimates the expected amount spent by consumers at retail establishments and the Supply estimates sales to consumers by establishments. In the table below, positive retail gap equals lost opportunity that Eagle should focus targeted resources to recruit. Eagle’s residents would benefit from an increase in the retail trade sector as it would provide local options for residents instead of having to drive to neighboring communities to shop or dine. Additional retail options would also provide more amenities to workers within the community. Table 6 provides information on specific types of retail industry groups, the retail potential for Eagle (Demand), the actual retail sales in Eagle (Supply), and the leakage to areas outside of Eagle (Retail Gap). A positive retail gap indicates a shortage of those types of retail industries within the community. A negative retail gap indicates residents from outside of Eagle are purchasing within our community. As you can see from the table the highest retail leakage is occurring in the following retail industry groups (top six (6) listed only): 1. General Merchandise Stores 2. Motor Vehicle & Parts Dealers 3. Food & Beverage Stores 4. Gasoline Stations 5. Food Service & Drinking Places 6. Clothing & Clothing Accessories Stores 71 40 Table 6: Retail Gap Analysis INDUSTRY GROUPDEMANDSUPPLYRETAIL GAP Motor Vehicle & Parts Dealers$85,624,330 $31,197,940 $54,426,390 Automobile Dealers$64,269,018 $26,634,781 $37,634,237 Other Motor Vehicle Dealers$12,286,510 $1,033,883 $11,252,627 Furniture & Home Furnishings Stores$13,236,806 $5,334,121 $7,902,685 Furniture Stores$8,203,455 $1,511,974 $6,691,481 Home Furnishings Stores$5,033,351 $3,822,147 $1,211,204 Electronics & Appliance Stores$12,549,894 $4,293,111 $8,256,783 Bldg. Materials, Garden Equip. & Supply Stores$28,209,494 $29,868,372 ($1,658,878) Bldg. Material & Supplies Dealers$25,365,516 $27,219,502 ($1,853,986) Lawn & Garden Equip. & Supply Stores$2,843,978 $2,648,870 $195,108 Food & Beverage Stores$60,999,549 $35,405,127 $25,594,422 Grocery Stores$54,560,677 $30,224,639 $24,336,038 Specialty Food Stores$3,407,117 $1,331,604 $2,075,513 Beer, Wine & Liquor Stores$3,031,755 $3,848,884 ($817,129) Health & Personal Care Stores$18,633,729 $23,381,154 ($4,747,425) Gasoline Stations$44,805,397 $22,589,090 $22,216,307 Clothing & Clothing Accessories Stores$15,153,529 $4,370,326 $10,783,203 Clothing Stores$9,351,869 $2,299,078 $7,052,791 Shoe Stores$1,997,479 $1,071,199 $926,280 Jewelry, Luggage & Leather Goods Stores$3,804,181 $1,000,049 $2,804,132 Sporting Goods, Hobby, Book & Music Stores$15,901,107 $5,608,374 $8,542,578 Sporting Goods, Hobby, Musical Instrument Stores$14,150,952 $5,608,374 $8,542,578 Book, Periodical & Music Stores$1,750,155 $252,020 $1,498,135 General Merchandise Stores$81,871,511 $22,999,503 $58,872,008 Department Stores, excluding Leased Depts$58,091,713 $20,576,878 $37,514,173 Other General Merchandise Stores$23,779,798 $2,422,625 $21,357,173 Miscellaneous Store Retailers$16,668,071 $14,229,553 $2,438,518 Florists$647,009 $263,093 $383,916 Office Supplies, Stationary & Gift Stores$3,607,699 $1,975,642 $1,632,057 Used Merchandise Stores$2,970,556 $542,931 $2,427,625 Other Misc. Store Retailers$9,442,807 $11,447,887 ($2,005,080) Non-Store Retailers$3,062,311 $4,021,385 ($959,074) Electronic Shopping & Main-Order Houses$1,793,230 $3,557,830 ($1,764,600) Vending Machine Operators$224,658 $0 $224,658 Direct Selling Establishments$1,044,423 $463,555 $580,868 Food Service & Drinking Places$43,965,767 $27,188,199 $16,777,568 Special Food Service$291,347 $56,469 $234,878 Drinking Places – Alcoholic Beverages$11,491,047 $354,170 $794,937 Restaurants & Other Eating Places$42,525,313 $26,777,560 $15,747,753 Out of the six (6) retail industry groups listed in Table 6 , the following subsectors show the highest retail leakage: 1. Automobile Dealers 2. Department Stores, excluding leased departments 3. Grocery Stores 4. General Merchandise Stores 5. Restaurants & Other Eating Places 40 ESRI Business Analyst 72 6.Other Motor Vehicle Dealers 7.Sporting Goods, Hobby, Musical Instrument Stores 8. Clothing Stores 9. Furniture Stores 10. Jewelry, Luggage and Leather Goods Stores PRIMARY INDUSTRY TARGET #4: Leisure & Hospitality 41 TARGET PROFILE The leisure and hospitality super sector are part of the service-providing industries super sector group. The leisure and hospitality super sectorconsist of these sectors: Arts, Entertainment, and Recreation: NAICS 71 Accommodation and Food Services: NAICS 72 Although the Arts, Entertainment and Recreation sector within Eagle does not represent the highest number of employees, it does historically over the past five (5) years represent one of the fastest growing sectors with an annual growth rate of 9.8% and a projected growth rate of 1.6% over the next year. In addition, with a location quotient of 2.58, the Arts, entertainment and recreation’s share of the total region’s employment is more than two times that of the average American community. The Arts, Entertainment, and Recreation sector includes a wide range of establishments that operate facilities or provide services to meet varied cultural, entertainment, and recreational interests of their patrons. This sector comprises (1) establishments that are involved in producing, promoting, or participating in live performances, events, or exhibits intended for public viewing; (2) establishments that preserve and exhibit objects and sites of historical, cultural, or educational interest; and (3) establishments that operate facilities or provide services that enable patrons to participate in recreational activities or pursue amusement, hobby, and leisure-time interests. Some establishments that provide cultural, entertainment, or recreational facilities and services are classified in other sectors.The arts, entertainment, and recreation sector consist of these subsectors: Performing Arts, Spectator Sports, and Related Industries: NAICS 711 Museums, Historical Sites, and Similar Institutions: NAICS 712 Amusement, Gambling, and Recreation Industries: NAICS 713 41 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary; U.S. Bureau of Labor Statistics and NAICS Association 73 The Arts, Entertainment, and Recreation sector in Eagle is one of the top 10 industry sectors. This sector has seen exceptional growth over the past five-years at 9.8%. This industry is projected to continue growth through the next year at an annual rate of 1.6%. The location quotient is 2.58, which indicates Eagle has a twice the concentration than the national average. Current annual wages for occupations within this industry sector ($21,641) are less than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. However, Eagle’s residents would benefit from enhanced offerings in the Arts, Entertainment and Recreation sector. In addition, specific targeting within this industry sector could result in a destination for tourism visitors, thus bringing more wealth into the local economy. The Accommodation and Food Services sector comprises establishments providing customers with lodging and/or preparing meals, snacks, and beverages for immediate consumption. The sector includes both accommodation and food services establishments because the two activities are often combined at the same establishment. The accommodation and food services sector consist of these subsectors: Accommodation: NAICS 721 Food Services and Drinking Places: NAICS 722 Industries in the Accommodation subsector provide lodging or short-term accommodations for travelers, vacationers, and others. There is a wide range of establishments in these industries. Some provide lodging only; while others provide meals, laundry services, and recreational facilities, as well as lodging. Lodging establishments are classified in this subsector even if the provision of complementary services generates more revenue. The types of complementary services provided vary from establishment to establishment. Industries in the Food Services and Drinking Places subsector prepare meals, snacks, and beverages to customer order for immediate on-premises and off-premises consumption. There is a wide range of establishments in these industries. Some provide food and drink only; while others provide various combinations of seating space, waiter/waitress services and incidental amenities, such as limited entertainment. The industries in the subsector are grouped based on the type and level of services provided. The industry groups are full-service restaurants; limited service eating places; special food services, such as food service contractors, caterers, and mobile food services; and drinking places. 74 The food services and drinking places subsector consists of these industry groups: Full-Service Restaurants: NAICS 7221 Limited-Service Eating Places: NAICS 7222 Special Food Services: NAICS 7223 Drinking Places (Alcoholic Beverages): NAICS 7224 The Accommodation and Food Services sector in Eagleis one of the top 5 industry sectors. This sector has seen above average growth over the past five-years at 5.0% annually. This industry is projected to continue growth through the next year at an annual rate of 1.5%. The location quotient is 1.24, which indicates Eagle has a greater concentration than the national average. Current annual wages for occupations within this industry sector ($18,191) are less than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. However, Eagle’s residents would benefit from enhanced offerings in the Accommodation and Food Services sector as it would provide local options for residents instead of having to drive to neighboring communities to dine. In addition, providing additional lodging within the City would benefit visitors or companies that may be having corporate events or conferences. EMERGING INDUSTRY TARGET #1: Education and Health Services 42 TARGET PROFILE The education and health services super sector are part of the service-providing industries super sector group. The education and health services super sector consist of these sectors: Educational Services: NAICS 61 Health Care and Social Assistance: NAICS 62 The Educational Services sector comprises establishments that provide instruction and training in a wide variety of subjects. This instruction and training are provided by specialized establishments, such as schools, colleges, universities, and training centers. These establishments may be privately owned and operated for profit or not for profit, or they may be publicly owned and operated. They may also offer food and/or accommodation services to their students. 42 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary; U.S. Bureau of Labor Statistics and NAICS Association 75 Educational services are usually delivered by teachers or instructors that explain, tell, demonstrate, supervise, and direct learning. Instruction is imparted in diverse settings, such as educational institutions, the workplace, or the home, and through diverse means, such as correspondence, television, the Internet, or other electronic and distance-learning methods. The training provided by these establishments may include the use of simulators and simulation methods. It can be adapted to the particular needs of the students, for example sign language can replace verbal language for teaching students with hearing impairments. All industries in the sector share this commonality of process, namely, labor inputs of instructors with the requisite subject matter expertise and teaching ability. The educational services sector consists of a single subsector, Educational Services: NAICS 611. Data published under either the sector or subsector classification are included in the tables below. The subsector consists of these industry groups: Elementary and Secondary Schools: NAICS 6111 Junior Colleges: NAICS 6112 Colleges, Universities, and Professional Schools: NAICS 6113 Business Schools and Computer and Management Training: NAICS 6114 Technical and Trade Schools: NAICS 6115 Other Schools and Instruction: NAICS 6116 Educational Support Services: NAICS 6117 The Educational Services sector in Eagle is one of the top 10 industry sectors for employment. This sector has not seen as much growth over the past 5-years as other industries, but still saw an increase of 1.8%. This industry is projected to continue growth through the next year at an annual rate of 1.3%. Current annual wages for occupations within this industry sector ($37.879) is significantly less than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. However, the addition of technical schools or trade schools, or a technology hub would be a huge asset to Eagle and its ability to attract talent. The Health Care and Social Assistance sector comprises establishments providing health care and social assistance for individuals. The sector includes both health care and social assistance because it is sometimes difficult to distinguish between the boundaries of these two activities. The industries in this sector are arranged on a continuum starting with those establishments providing medical care exclusively, continuing with those providing health care and social assistance, and finally finishing 76 with those providing only social assistance. The services provided by establishments in this sector are delivered by trained professionals. All industries in the sector share this commonality of process, namely, labor inputs of health practitioners or social workers with the requisite expertise. Many of the industries in the sector are defined based on the educational degree held by the practitioners included in the industry. The health care and social assistance sector consists of these subsectors: Ambulatory Health Care Services: NAICS 621 Hospitals: NAICS 622 Nursing and Residential Care Facilities: NAICS 623 Social Assistance: NAICS 624 The Health Care and Social Services sector in Eagle is one of the top 10 industry sectors. This sector has seen exceptional growth over the past five-years at 6.5% and is the industry sector projected to have the highest growth in the next year; locally, regionally and nationally. This industry is projected to continue growth through the next year in Eagle at an annual rate of 3.0%. Current annual wages for occupations within this industry sector ($49.829) are slightly more than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Saint Alphonsus and St. Luke’s currently have a presence in Eagle. The location and size of their facilities represent a significant opportunity for Eagle to strengthen its position with continued growth in this sector, as well as the support services associated with the healthcare industry. St. Luke’s, in their current location, could act as an anchor for continued growth of this sector. Currently, one of the highest net leakage of occupations is in the healthcare and technical occupations. Growth within this sector would help to supply residents with local jobs and better-than-average wages, along with helping reduce the number of out-commuters. Access to healthcare, both primary and emergency care, is viewed as a quality of life amenity for residents and an economic driver for communities as this sector has historically been well insulated from economic cycles. In addition, the presence of adequate healthcare facilities is seen as a key factor in location decisions for most large companies. 77 EMERGING INDUSTRY TARGET #2: Manufacturing 43 TARGET PROFILE The manufacturing sector is part of the goods-producing industries super sector group. The Manufacturing sector comprises establishments engaged in the mechanical, physical, or chemical transformation of materials, substances, or components into new products. Establishments in the Manufacturing sector are often described as plants, factories, or mills and characteristically use power-driven machines and materials-handling equipment. However, establishments that transform materials or substances into new products by hand or in the worker's home and those engaged in selling to the general public products made on the same premises from which they are sold, such as bakeries, candy stores, and custom tailors, may also be included in this sector. Manufacturing establishments may process materials or may contract with other establishments to process their materials for them. Both types of establishments are included in manufacturing. The manufacturing sector consists of these subsectors: Food Manufacturing: NAICS 311 Beverage and Tobacco Product Manufacturing: NAICS 312 Textile Mills:NAICS 313 Textile Product Mills: NAICS 314 Apparel Manufacturing: NAICS 315 Leather and Allied Product Manufacturing: NAICS 316 Wood Product Manufacturing: NAICS 321 Paper Manufacturing: NAICS 322 Printing and Related Support Activities: NAICS 323 Petroleum and Coal Products Manufacturing: NAICS 324 Chemical Manufacturing: NAICS 325 Plastics and Rubber Products Manufacturing: NAICS 326 Nonmetallic Mineral Product Manufacturing: NAICS 327 Primary Metal Manufacturing: NAICS 331 Fabricated Metal Product Manufacturing: NAICS 332 Machinery Manufacturing: NAICS 333 Computer and Electronic Product Manufacturing: NAICS 334 Electrical Equipment, Appliance, and Component Manufacturing: NAICS 335 Transportation Equipment Manufacturing: NAICS 336 43 Source: JobsEQ® Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary; U.S. Bureau of Labor Statistics and NAICS Association 78 The Manufacturing sector in Eagle is not one of the top industry sectors, but it has seen good growth in the past 5-year history of 2.8%. This industry shows a low projected future growth rate of 0.1%. However, Eagle has seen quite a few small, boutique type manufacturers entering the Eagle market. In an effort to continue support of the existing industry and support entrepreneurial start-ups, this industry sector should be listed as an emerging industry, therefore, resources will not be primarily focused on attracting manufacturing type industries. Current annual wages for occupations within this industry sector ($106,474) are significantly higher than the county average wage of $46,066, based on employment data derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. This is representative of the change in manufacturing processes from a production line to automation of equipment, thus requiring more advanced skills and education of equipment manufacturers and operators. 79 Eagle Economic Development Strategic Plan (2020-2025) Providing the Framework for Future Growth Eagle supports a vibrant and diverse economy by encouraging entrepreneurship, quality jobs, a strong mix of residential and commercial services, and economic development. Eagle will continue to strengthen its downtown and non-residential zones to serve as the region’s choice for business, innovation, and high quality of Introduction living. The preservation and enrichment of Eagle as a unique, premier place to live in the region is vital to the City’s long-term economic health and success. Preface An economic development strategic plan enables an organization to set clear and attainable economic development goals and objectives, design policies and programs to achieve them, prioritize initiatives, measure progress, and carefully allocate limited time, resources and attention. An Economic Development Strategic Plan (EDSP) is intended to guide economic development decisions and policies in a community and provide direction to the local jurisdiction to focus marketing and recruitment efforts on specific targeted industries. Introduction to the Plan The economic development strategic plan provides the framework for aligning decisions amongst departments and directing investment necessary to grow employment in the City. It is a living document which should change over time to take advantage of a transforming environment. While the aims of the plan will most likely remain the same, the world and market in which the City operates is forever changing, requiring some flexibility in approach in order to adapt. 80 The planning process for the creation of this strategic plan identified several opportunities for the City to pursue, as well as challenges that need to be overcome. Economic Diversification. Diversification of the economy helps a community shield itselffrom the effects of a potential economic downturn. A diversified economy creates a sustainable cycle of economic activity where businesses continually feed off of one another and grow larger as the economy grows.As more and more businesses open their doors, it leads to the growth of supporting industries. One of the top benefits of a diversified economy is that it is flexible and not fixed. A community's economic health is not tied to a single industry or market sector. This means that should the price of oil drop or the price of grain plummet, the region's economy will remain insulated from the chilly economic conditions that are blowing. This helps protect the economic viability of other industries and prevents massive layoffs and sharp declines in property values. Over time, communities can absorb the impact and continue moving forward towards the future. Another benefit of a diversified economy comes in the form of innovation. Not only do companies feed off one another for financial gain, they feed off one another in the form of new ideas and product generation. As one business grows, the business beside it just might develop the widget, gadget, or gizmo they need to enhance their operations and boosts their profitability. A healthy economy contains a mix of small, medium, and large businesses. Each tier supports one another and provides the services and goods the others depend Attracting base industry to Eagle is a strategic opportunity for the City. Anchor industries such as agriculture, healthcare, and education provide a solid foundation that supports medium-sized businesses, such as grocery stores and clothing retailers. In turn, these both provide solid anchors that support smaller businesses such as specialty food stores, books stores, florists, housecleaning services, etc. Each business supports one another and provides the services and goods the others depend upon. As the economy expands and more businesses within different sizes open their doors, the stronger this support network becomes. As the network grows and expands it creates additional room for similar sized businesses to find a niche within the economy that needs to be filled. This can help small businesses grow larger as they open additionalstorefronts within the community. 81 Key assets that make Eagle a viable and attractive location for industry include a high educational attainment, local and regional workforce, strong industry clusters, low cost- reliable electricity, superior quality of place, and proximity to major markets. A Target Industry Analysis was prepared to identify the industry clusters and associated business targets that are the most suitable for Eagle over the next five years. The analysis identified six (6) strategic economic development super sector targets. Within the super sector targets eight (8) sectors have been identified as primary industry targets for Eagle. In addition, three (3) emerging or developmental sectors were identified. Primary, emerging and developmental industry targets are discussed in detail under the Industry Target section of this strategic plan. Trails, Parks and Open Space. Over the years there have been numerous economic studies prepared by communities to understand and document the economic value of trails, greenways, parks, open space, hunting, fishing and wildlife watching to the local economy. These studies have concluded that rivers, trails, and greenway corridors (linear open spaces connecting recreational, cultural and natural areas) have the potential to create jobs, enhance property values, expand local businesses, attract new or relocating businesses, increase local tax revenues, decrease local government expenditures, and promote a local community. Providing alternate transportation routes and easy commuting to and from work via active transportation helps individuals and families offset impacts of gasoline inflation and soaring healthcare costs. With increased financial resources due to transportation and healthcare savings, other purchases that fuel retail spending, home buying and associated economic development projects return to the private sector. Trail networks can also connect residential developmentto commercial development. Many younger, skilled workers prefer locations that offer live-work-play residential options, options often found in urban or downtown settings. Suburban, commercial developments may find themselves at a competitive disadvantage if they lack amenities that provide workers with the ability to exercise during their lunch break or bike-commute to work safely. Local parks and recreation can narrow the amenity gap by collaborating with commercial property owners to create more direct access to trail networks. In May of 2018, the George Mason University Center for Regional Analysis prepared a report for the National Recreation and Park Association titled “Promoting Parks and Recreation’s Role in Economic Development”. The study builds on previous NRPA research on the economic importance of local park and recreation agencies by exploring the role that quality park amenities play in 21st century regional economic development. It reviews the impact that a community’s quality of life has on its ability to attract and retain business and a talented workforce. 82 Parksand recreation departments support environmentalstewardship and promote health and wellness in communities. Moreover, local parks shape perceptionsof and enhance the quality of life in communities. Corporate executives often include quality-of- life considerations when making site location decisions. Arecent notable example is Amazon, which specifically lists quality of life as a key factor in its search for a second headquarters location. “We want to invest in a community where our employees will enjoy living, recreational opportunities, educational opportunities, and an overall high quality of life. Tell us what is unique about your community.” \[Amazon HQ2 RFP\] Ultimately, a wide array of factors—the availability of skilled talent, interstate highway access, proximity to key markets, for example—determines site location decisions. Places that possess a high quality of life—including a wealth of recreational amenities— are more likely to attract highlyskilled, educated and entrepreneurial workers. The presence of these workers, in turn, attracts companies. Many factors drive corporate site-location decisions, butquality-of-life factors (e.g., school quality, access to amenities, cultural opportunities) increasingly have become critical ones. According to Area Development magazine’s annual survey of corporate executives, 76% of corporate executives identify quality-of-life factors as “Very important” 44 or “Important” in their site location decisions—up from 55% in 2005. Interviews with several site-selection consultants reaffirm that talent attraction and retention considerations determine how companies prioritize quality of life. Firms that hire primarily from a local labor force (e.g., manufacturing, distribution, call centers) are less likely to prioritize quality of life; they assume that current residents—the existing potential workforce—are satisfied with the current quality of life in their communities. In contrast, companies looking to locate office operations (e.g., headquarters, technology driven firms, regional shared-service centers or professionaland business services) often recruit regionally, nationally, or even internationally. These companies want their offices and facilities in locales where their future employees want to live. Site selectors also emphasize the short- and long-terminfluence of quality of life. In the short term, quality-of-life factors are important to firms relocating their headquarters or significant numbers of skilled and educated workers. To retain these workers, however, companies mustconsider factors ranging from school quality to cultural and recreational amenities. 44 http://www.areadevelopment.com/Corporate-Consultants-Survey-Results/Q1-2016/corporate-executive-site- selection-facility-plans-441729.shtml 83 Small-and medium-sized, entrepreneurial or family-ownedcompanies are even more likely to put emphasis on theavailability of these factors, as they want the communities in which they locate to reflect their corporate culture or values. For example, companies that emphasize outdoor recreation—whether because they specifically produce/sell products for this market or their brand is well aligned with an active outdoor lifestyle— tend to prefer places with extensive outdoor recreational opportunities. Over the longer term, companies need locations that will not only make their current workers happy, but what will make their locations attractive to future workers. Companies and site selectors also note sustained positive changes in a community. Established or on-going investments, such as upgrades in downtown parks, public spaces or other public facilities can impress company relocation representatives. Such changes work to a community’s benefit over the long run. Recommendations: 1. Eagle’s Economic Development Department should work hand-in-hand with the City’s Parks and Recreation Department and the Pathways and Trails Department to proactively pursue a partnership that creates new and greater opportunities for its residents to participate in outdoor activities and to demonstrate to visitors and prospective companies alike that Eagle’s lifestyle and culture centers on outdoor activity and environmental stewardship. This in turn would be used by the economic development department to help shape the community’s marketing message. The City should position itself as a city that “Nurtures a culture of outdoor activity”. 2. The economic development staff, parks staff and trails/pathways staff should have quarterly meetings at a minimum to enable greater communication, coordination and collaboration. 3. Eagle should look at further enhancing public spaces within the City, to include; along trails and pathways. These public spaces should include a diverse array of amenities and activities. 4. Eagle should look at the creation of a regional park where local, regional and national events could be held. Creating a location for regional and national events helps Eagle not provide more amenities to its residents, but provides a location to host local, regional and national events. Placemaking. Strengthening the connection between people and the places they share is known as “Placemaking.” Defined, it is a multi-faceted approach to the planning, design and management of public spaces. It capitalizes on community assets, inspiration, and 84 potential with the intent of promoting people’s health, happiness and well-being. Public art is a component of Placemaking, and Eagle has an opportunity to stand out from other communities by incorporating public art at key locations. Public art can be visually transformative by adding beauty, identity and character to an area. It has the potential to embrace the history, values and needs of a community, and foster a new breed of entrepreneur and business owner. Recommendations: 5. Eagle should go through a formal branding process; discover what is unique about Eagle and market it consistently; using colors and style. Housing Diversity. Housing Diversity refers to the range of housing options available to residents of Eagle. Offering a diverse mix of housing, in cost, unit types, and neighborhood settings is important to meet the needs and preferences of all residents. Closely related to housing diversity is housing affordability. There is a significant shortage of affordable housing in Eagle. The shortage is particularly prevalent due to new residential construction primarily consisting of large, detached single-family units offered at prices out of reach for moderate-income families. In addition, housing trends indicate that more people, regardless of the generational age, are looking for housing with less maintenance, and at lower price points. Encouraging housing diversity offers the following benefits: Economic Stability: Housing that is affordable to the workforce is critical to the local economy, and directly impacts the ability of employers to recruit and retain staff. Businesses, commercial establishments, school districts, universities, and municipal governments that employ workers at moderate-income levels will benefit from more diverse housing choices. Commuting and Traffic Advantages: The shortage of affordable housing causes young professionals and families to locatein outlying areas, requiring lengthy commutes to and from their jobs. Transportation costs and traffic congestion can be reduced when diverse housing options, close to employment centers, are provided. Accommodating our Aging Population: The growing population of seniors living longer, healthier lives, suggests that demands for diverse housing options will increase. Housing that addresses the spectrum of income levels and lifestyle choices or limitations will allow seniors to remain in their homes and contribute to their local communities. 85 Sustaining Families:Diverse, affordable housing is critically important to the health and well-being of children and families. When housing needs are appropriately met, children are more likely to be healthy and perform well in school, and parents are more likely to be productive members of a strong workforce. Recommendations: 1. There is an opportunity for the City to lay the groundwork that encourages developers to build more dense neighborhoods within the downtown planning areas and within strategic locations in Eagle, but still maintain the firm design guidelines that has made Eagle what it is today. Density is appropriate also along major corridors, that encourage street level activity and provide for parks, plazas, public art and connectivity to adjacent properties. Subdivisions could achieve small increases in density where there is a transition between single family larger lots and smaller lots,multi-family or non-residential areas. 2. The 2017 Eagle Comprehensive Plan provides guidelines for not only density but for height allowances within certain areas in the City. Supporting the allowance of buildings to be built vertical in accordance with the Comprehensive Plan can prove to be beneficial as floor area square footage can be increased and still provide ample area for open green space. Local Opportunities and Challenges Competitive Market. Situated in the valley of the Metropolitan Boise area, Eagle is part of a regional economy and as such competes with other communities which have better proximity to major freeway corridors and possess fully serviced sites and existing buildings that end users desire. As these competing communities continue to grow, developers will invest their dollars in these cities by building more office and commercial space to accommodate the future demand. Eagle will need to meet this fundamental challenge by providing its own fully serviced sites and existing buildings in order to capture some market share. Recommendations: 1. Eagle should develop strong local incentives and express permitting policies to increase the competitiveness of the Eagle market. Sites and Buildings. One of the first steps in the site selection process is the identification of existing buildings or shovel ready sites. According to Boise Valley Economic Partnership (BVEP), the regional economic development association, 95% 86 of their prospects are looking for existing spaceinitially, however, a small number (10%) of projects will come back and consider a build to suit option after they evaluate the market and realize there is no existing space available that meets their needs. The majority of industrial projects are seeking space greater than 50,000 square feet, but there is a lot a variability in this market, for instance, over the last three (3) years, 25% of the industrial projects looked for buildings greater than 100,000 square feet. For office users, 80% are looking for space between 10,000-60,000 square feet, with 45 only 10% of office users looking for space less than 10,000 square feet. The City is missing out on prospect activity due to the lack of existing buildings to accommodate office, retail or other commercial prospects. In terms of vacant fully serviced parcels, the City has four (4) fully improved commercial developments that have vacant land that is shovel-ready, and one (1) development that is close to being shovel-ready. Most of the land within these developments is smaller in size and could not necessarily accommodate a larger facility unless it was built vertically, which could be challenging in Eagle’s political climate where lower height buildings are preferred. In addition, Eagle has a large number of developers within these commercial areas that prefer to build and lease the structure and are not necessarily open to selling the property. This can be beneficial, but also be limiting to those companies that want to invest permanently within the community and purchase. For employment type uses, Eagle is limited in areas appropriately zoned for these types of industries. Eagle should preserve the land devoted for these types of employment and business park uses and hold firm to the Comprehensive Plan future designations. Recommendations: 1. The City could incentivize developers that are willing to build speculative buildings or create shovel-ready sites, especially on the west end of Eagle. 2. Because Eagle does not have a large supply of land for commercial development within its core, the City should look at preserving and annexing land to the west of Linder, along major corridors, such as; State Highway 44 and State Highway 16. Other corridors to consider for commercial development are; along Beacon Light, between N. Palmer and Hwy 16; along W. Floating Feather, between N. Palmer and Hwy 16; along N. Palmer 45 Boise Valley Economic Partnership (BVEP), data is based on only projects that their regional organization has worked on 87 between Hwy 44 and W. Floating Feather. Properties to the East of Linder along Hwy 44should also be slated for mixed-use development. 3. The City should look into the potential of creating a second urban renewal district within the area that encompasses Hwy 44 to Beacon Light and Hwy 16 to N. Palmer. This process would first require a valuation of the revenue allocation area base values to ensure they do not exceed ten percent (10%) of the current assessed valuation of all taxable property within the municipality. 4. Other areas with opportunity for commercial development and revitalization is the downtown core and properties within the East End/Parkinson Area. These areas lie within the Eagle Urban Renewal (EURA) District Boundaries. The City should partner with the EURA to invest in beautification efforts within these areas. Specifically, along E. State Street between E. McGrath Road and N. Parkinson Street; the area that is currently being used as a trailer park is prime commercial land for development. 5. Eagle currently has a small industrial park, located off of E. State Street in the East End/Parkinson Area, that consists of four (4) buildings with rentable spaces for smaller manufacturing and industrial uses. These buildings are at full capacity and the City is still getting many requests for industrial space. Industrial space in Eagle would include spaces that accommodate custom furniture manufacturers, custom cabinet and door manufacturers, outdoor products manufacturers, leather product manufacturers, and similar light manufacturing type industries where manufacturing is done completely within the enclosed building and produces no loud noises, smells or odors that are disruptive to the surrounding neighborhoods. It would be beneficial for Eagle to invest in additional land and buildings for industrial space, as these spaces could also be used by entrepreneurial start-ups or be used as maker spaces. Infrastructure. The City has done a remarkable job in planning for infrastructure improvements and coordinating these efforts with outside agencies. But as a small community with finite resources, it’s challenging to fund water and sewer infrastructure in advance of growth, especially when the City does not control the sewer or all of the water infrastructure within the City. In addition, with streets being under the authority of Ada County Highway District and Idaho Transportation Department, it is difficult to get specific street improvements and/or major expansions funded or put on the priority list when you are in competition with other needs in the county and the state. Servicing future employment centers, such as the land on the west side of Eagle, east of Highway 16, between State Highway 44 and Beacon Light Road, and along State Highway 44, will require a commitment to prioritization of public investment that is in support of job creation. This will set the stage for private 88 sector investment/development to follow and will make Eagle more competitive for the larger employment uses. Recommendations: 1. It is recommended that Eagle develop an economic development committee to discuss potential growth, infrastructure, and how best to prioritize and partner for investments. The decisions or recommendations from the committee should then be incorporated into the City’s Capital Improvement Plan. This committee should have representation form ACHD, ITD, Eagle Sewer Company and all water providers. 46 Site Selection and Development Processes. When a company is looking for a location to locate their business, one of the first things they do is start collecting information via the internet. The internet is a key tool for the site selection world; that is why it is important for a community to have an economic development presence on their website with readily available, high-quality information. Over the years, the timeline for economic development projects has changed; in the past it was not unusual to see a "regular" project (i.e., no unusual site requirements, abnormally large in scope, etc.) take 12 months from start to finish for a location to be selected. For a large, complicated project, it could take 18-24 months for a company to decide as to where to locate a facility or longer. Those timelines still remain true in some cases, but the one thing that has changed is the speed at which these projects want to move, and that impacts the location decision. Companies not only look at the labor market, wages, operating costs, and the community’s welcoming climate; companies look at how long and how difficult is it to get through the government processes, the friendliness of city staff, the willingness of the community to go above and beyond, and of course, incentives. But, at the end of the day, time can kill any project, and when this happens, it often leads to missed opportunities and could have a negative impact on the perception of a community to do business. Eagle has a desire to have stringent design guidelines to ensure the quality and aesthetics of the community. This shows that Eagle knows who they are and what they want to be as a community. However, complex rules with redundant processes could make it difficult to advance worthy projects. Each of the communities within the Boise Metro area have their own processes for approving development projects, zoning changes, and other land-use actions; all have to comply with the Idaho Land Use Planning Act, but some add additional steps beyond what is minimally required by law. And, yet all of these processes have one thing in common; developers complain that approvals take far too long and the process is unpredictable. 46 Area Development Site Selection Factors/Strategies 89 Discussions with financial providers, developers, external economic development agencies, and other economic developers within the region, along with the evaluation by the City of Eagle’s economic development director regarding Eagle’s development processes has revealed some redundancies and inefficiencies that could negatively impact economic development but could be easily corrected. The information below provides a summary of the issues and potential opportunities to streamline the processes. Design Review. In the past, Eagle’s design process involved the applicant going before the Design Review Board for approval of building architecture, design, landscaping, colors, etc. Not too long ago, the process was changed to require applicants to go before the Design Review Board for a recommendation, and then go before City Council for either approval or denial. The City Council could then approve the applicant’s design, or the City Council could recommend changes, in which case, the applicant would then have to go back before the Design Review Board. This process is redundant and leaves the applicant feeling frustrated due to the timeline constraints and the unpredictability. In addition, the approval of an applicant’s design is very subjective due to the fact the architectural standards are outdated and do not reflect all of materials and architectural styles used in the today’s market. Recommendations: 1. Eagle has the opportunity to improve the processes through an update of their architectural standards with feedback from the community, designers and developers. 2. Eagle could also streamline the process by either going back to the original way of processing design review applications by having just the Design Review Board with necessary experience approve the application and that would be the final action; or, if the City’s elected officials want to be the deciding factor, then adjust the process to have the City Council act as the Design Review Board making the only decision. Another option would be to revisit the entire design review process to create some thresholds in which: some applications can be approved at staff level; some go to the Design Review Board only, and some larger developments or buildings would go through both. Comprehensive Plan. The City of Eagle has done a great job updating their Comprehensive Plan to help them set out a policy framework that informs, rather than 90 reacts to, development projects as they are proposed. This strategic plan should work in partnership and as an additional component of the Comprehensive Plan. Recommendations: 1. The City needs to work at updating their zoning ordinances to reflect the updated Comprehensive Plan. 2. The City should regularly update all boards and commissions on the comprehensive plan and its contents to provide clear direction for future planning and development projects. This EDSP recommends going through one chapter of the Comprehensive Plan each month at a City Council Meeting. Chapters do not have to be addressed in order and should start with the most important and critical chapter that corresponds to any current issues. The presentation to the City Council should include reviewing the action plans associated with the chapter and an update on where the City is within the action timeline (things completed, in process, unachievable, needing more resources). Zoning Ordinances. Eagle has done a great job creating zoning ordinances to match what the City wants to look like and who they want to be; however, a large percentage of the zoning ordinances were done many years ago and need updated. In addition, some of the ordinances need to be modernized to accommodate the city’s desire for economic development. The City should consider amending the following ordinances: 1. Home Occupations 2. Landscaping and Buffer Area Requirements 3. Design Requirements, Objectives and Considerations The Home Occupation section of the code is very limiting and does not help support entrepreneurism and small business start-ups in the community. Recommendations: 1. Amend the ordinances to allow a limited number of clients/customers the ability to come to the home to do business. Landscaping and Buffer Area Requirements within the City ordinances require the retention of existing trees or the replacement of existing trees within all areas within the City, including the downtown. Downtowns are very unique and different from 91 other parcels of land within a community. Downtown development is meant to be conducive to pedestrian traffic and not vehicular traffic. In creating this safe, walkable environment, buildings should have the ability to be built up to the property lines, and landscaping should not be required at the rear or side property lines within the downtown areas. An overall recommendation would be to create an ordinance chapter specifically to address design and streetscape for the downtown areas. Recommendations: 1. Amend the ordinances to establish and urban treeenvironment where trees are placed in specific locations. 2. A specific landscaping/streetscape plan should be developed for the downtown areas. The different areas within downtown could have options for streetscape based on the theme of the area, or the City could have one (1) theme for all of downtown that is different from the rest of the City. It is recommended the City create different streetscapes based on the location within the downtown areas, but that all streetscapes should complement each other, yet give the visitor (whether local or non-local) the feeling of leaving one area and entering into another. The “Design Requirements, Objectives and Considerations” section of the code currently has specific requirements for the Downtown Development Area (DDA) that addresses off-street parking. Within a downtown core, it is beneficial for businesses to have the ability to have a building that stretches from the front and back lot lines to the side lot lines. This allows again for the more pedestrian oriented development and allows for more boutique style retail/office and residential to fit on a parcel, as downtown parcels are generally smaller in size. Density should be encouraged in a downtown in order to make a downtown a “destination”; a destination for local residents, employees and visitors. Over the years, strategies for parking in a downtown have changed significantly. This is also as a result of downtowns being revitalized as pedestrian-oriented neighborhoods instead of vehicular-oriented. Eagle City Code currently requires off-street parking within the downtown. Although the parking requirement in downtown is reduced by 50%, off-street parking in downtowns should be allowed, but not required. Eliminating the requirement for off- street parking will open up the opportunity for businesses to expand and new businesses to build in downtown. 92 Recommendations: 1. The City in partnership with the EURA should hire an outside consultant to conduct a parking study. 2. The City in partnership with the EURA should invest in outreach materials, directional signage and maps of public downtown parking areas, to include; side streets where parking is permitted. 3. The City should begin discussions with ACHD about striping parking spaces within the downtown, and about providing more right of way area east of 2nd Street, along both sides of State Street for parking. 4. The City and the EURA should strategically invest in property downtown that could serve a dual purpose. Strategic investments within downtown could provide for more parking availability and address economic growth and quality of life amenities as well. Connectivity. Eagle is currently working with ACHD and ITD to address some of the connectivity needs within the community. This includes; the connection of Hwy 16 to I-84, the widening of Linder Road, a pedestrian connection across Eagle Road and State Hwy 44, and the quadrant alternative at Eagle Road and E. State Street. Recommendations: 1. It is recommended the City have further in-depth conversations about additional north-south connectivity over the Boise River and helping to create the pedestrian-oriented redevelopment of downtown through more transportation alternatives beyond the quadrant alternative. INDUSTRY TARGETS Eight (8) primary industry targets have been identified for Eagle that will foster diverse job creation, complement the City’s existing strengths and assets, and generate wages for area residents. Some, but not all of the target sectors listed below have strategic considerations to leverage the growth of these clusters. PRIMARY TARGET INDUSTRY SECTOR #1: Professional, Scientific and Technical Services 93 The professional, scientific, and technical services sector consists of a single subsector, Professional, Scientific, and Technical Services: NAICS 541. The subsector consists of these industry groups: Legal Services: NAICS 5411 Accounting, Tax Preparation, Bookkeeping, and Payroll Services: NAICS 5412 Architectural, Engineering, and Related Services: NAICS 5413 Specialized Design Services: NAICS 5414 Computer Systems Design and Related Services: NAICS 5415 Management, Scientific, and Technical Consulting Services: NAICS 5416 Scientific Research and Development Services: NAICS 5417 Advertising and Related Services: NAICS 5418 Other Professional, Scientific, and Technical Services: NAICS 5419 Professional, Scientific and Technical Services operations have minimal infrastructure requirements. Office space and high-speed internet are usually the basic requirements for a firm to operate. Instead, talent availability is more important. If they are to thrive, Professional Services firms must be able to attract and retain talent. Quality of life is another critical location factor, as it facilitates the ability of Professional Services firms to recruit and retain the best talent. Site Location Considerations: Availability and access to labor High Educational Attainment Close proximity to interstates and highways Access to regional airport o Direct service to major markets across the country via Boise Airport Existing Buildings Build-to-suit options High-quality design standards which affords high-quality office space Adequate power and telecom with redundancy State and local incentives Existing cluster within Eagle and the region Strong industry growth expected over the near term High Quality of life attributes, such as; o Quality schools o Lower taxes o Ability to get MBA/Advanced degrees o Cultural and recreational options o Specialized health care services 94 o Other quality of life amenities that appeal to millennials, young professionals, and business executives Strategic Considerations: 1. The lack of existing larger office space and the need for shovel-ready sites should be addressed through strategic future planning and developer initiatives. PRIMARY TARGET INDUSTRY SECTOR #2: Headquarters Operations Headquarters Operations includes both corporate, regional and other headquarters operations. Companies (both public and private) must deal with the challenges of placing their headquarters where it provides a strategic advantage while managing costs, being where it is attractive to top talent and meets the personal needs of the top executives. Eagle possesses several assets that indicate it would be an ideal location for headquarters operations. A key requirement for headquarters locations is air travel. One of the advantages for Eagle is that it is within close proximity to the Boise Airport (BOI). The airport currently provides departures to 20 non-stop locations. Since upper level management positions are typically recruited for a headquarters location, quality of life becomes a key consideration. While quality of life is always subjective, it is important to look at certain considerations such as education, available healthcare and cultural and recreational activities. Many of the schools within Eagle are recognized for quality education. Eagle also has a strong healthcare system with two major hospital systems: St. Luke’s and Saint Alphonsus. The City of Eagle also has many other quality of life amenities, including Ada/Eagle Sports Complex, the Eagle Foothills, the Boise River, Championship Golf Courses, and many restaurants, among other amenities. Site Location Considerations: A highly educated and skilled workforce o Lower level staff o Senior staff Close proximity to interstates and highways Access to regional airport o Direct service to major markets across the country via Boise Airport Multi-tenant buildings in a high-end location for smaller operations 95 Build-to-suit options or single-tenant buildings in a high-end location for larger operations Access to business support services, such as; shipping services, catering for special events, printing, consulting, marking, advertising, etc. State and local incentives Quality of life attributes, such as; o Quality schools o Lower taxes o Ability to get MBA/Advanced degrees o Cultural and recreational options o Specialized health care services o Spousal employment o Other quality of life amenities that appeal to executives and young professionals Strategic Considerations: 1.Target companies with headquarters operations in cities that are within a direct flight of the Boise Airport. 2.Market what Eagle has to offer for young professionals, educated executives and families. 3.Use LinkedIn and various other platforms to connect with corporate executives 4. Promote the need for shovel-ready sites and more existing buildings of larger size, particularly Class A office space. PRIMARY TARGET INDUSTRY SECTOR #3: Back Office and Administrative Support Services This sector includes client or contract services, administrative processing (human resources, accounts, etc.), back office, building maintenance services, web & other design services, data entry, and information tech support services. The sector is in an office environment with predominantly college-trained employees in skills such as: computer software/information technology, accounting/finance, human resources, marketing, paralegal, employee benefits, insurance, investments, etc. Site Location Considerations: Access to regional airport o Direct service to major markets across the country via Boise Airport Close proximity to interstates and highways 96 Adequate power and telecom with redundancy A well-educated workforce Access to business support services (shipping, printing, etc.) State and local incentives Quality of life attributes, such as; o Quality schools o Lower taxes o Ability to get MBA/Advanced degrees o Cultural and recreational options o Specialized health care services o Other quality of life amenities that appeal to millennials and young professionals PRIMARY TARGET INDUSTRY SECTOR #4: Financial Services and Insurance The Finance and Insurance sector consist of these subsectors: Monetary Authorities - Central Bank: NAICS 521 Credit Intermediation and Related Activities: NAICS 522 Securities, Commodity Contracts, and Other Financial Investments and Related Activities: NAICS 523 Insurance Carriers and Related Activities: NAICS 524 Funds, Trusts, and Other Financial Vehicles: NAICS 525 Site Location Considerations: Eagle has marketable assets that could support new business recruitment and expansion of existing businesses within the Financial Services and Insurance sector. Some of those assets include: Educated workforce with technical backgrounds Access to regional airport o Direct service to major markets across the country via Boise Airport Close proximity to interstates and highways Adequate power and telecom with redundancy Access to business support services (shipping, printing, etc.) State and local incentives Quality of life attributes, such as; o Quality schools o Lower taxes o Cultural and recreational options 97 o Specialized health care services o Other quality of life amenities that appeal to millennials and young professionals Strategic Considerations: 1. Communicate the lack of larger office space to developers. Explore areas to incentivize developers to build speculative space. 2. Promote the need for shovel-ready sites and existing buildings. PRIMARY TARGET INDUSTRY SECTOR #5: Retail Trade The retail trade sector is part of the trade, transportation, and utilities super sector. The retail trade sector comprises establishments engaged in retailing merchandise, generally without transformation, and rendering services incidental to the sale of merchandise. The retail trade sector consists of these subsectors: Motor Vehicle and Parts Dealers: NAICS 441 Furniture and Home Furnishings Stores: NAICS 442 Electronics and Appliance Stores: NAICS 443 Building Material and Garden Equipment and Supplies Dealers: NAICS 444 Food and Beverage Stores: NAICS 445 Health and Personal Care Stores: NAICS 446 Gasoline Stations: NAICS 447 Clothing and Clothing Accessories Stores: NAICS 448 Sporting Goods, Hobby, Book, and Music Stores: NAICS 451 General Merchandise Stores: NAICS 452 Miscellaneous Store Retailers: NAICS 453 NonstoryRetailers: NAICS 454 Recent data from ESRI Business Analyst reports indicate a positive value in retail gap of over $209 million. A positive value represents “leakage” of retail opportunity outside the trade area. A negative value represents a surplus of retail sales, a market where customers are drawn into Eagle from areas outside of Eagle. The retail gap of $209 million represents the difference between the Retail Potential (Demand) and the Retail Sales (Supply). The Demand estimates the expected amount spent by consumers at retail establishments and the Supply estimates sales to consumers by establishments. 98 Site Location Considerations: Population and rooftops Flexible commercial options Access to workforce Low cost of doing business Quality of life Retail supply, demand and gap Eagle’s residents would benefit from an increase in the retail trade sector as it would provide local options for residents instead of having to drive to neighboring communities to shop or dine and would provide more amenities to workers within the community. In addition, increasing the retail marketplace in areas where extreme leakage is occurring would provide more local dollars within the community to local businesses. Strategic Considerations: 1. Market what Eagle has to offer for retailers; develop a marketing brochure specific to retail (daytime population, trade area population, consumer spending characteristics, retail supply and demand, income, households). 2. Research site location requirements for retail companies and target those where Eagle meets or is close to the threshold. PRIMARY TARGET INDUSTRY SECTOR #6: Leisure and Hospitality The leisure and hospitality super sectorare part of the service-providing industries super sector group. The leisure and hospitality super sector consist of these sectors: Arts, Entertainment, and Recreation: NAICS 71 o Performing Arts, Spectator Sports, and Related Industries: NAICS 711 o Museums, Historical Sites, and Similar Institutions: NAICS 712 o Amusement, Gambling, and Recreation Industries: NAICS 713 Accommodation and Food Services: NAICS 72 o Accommodation: NAICS 721 o Food Services and Drinking Places: NAICS 722 Full-Service Restaurants: NAICS 7221 Limited-Service Eating Places: NAICS 7222 Special Food Services: NAICS 7223 99 Drinking Places (Alcoholic Beverages): NAICS 7224 Site Location Considerations: Population Low cost of doing business Adequate public infrastructure Access to workforce Retail supply, demand and gap Quality of life Tourism Eagle’s residents would benefit from enhanced offerings in the Accommodation and Food Services sector as it would provide local options for residents instead of having to drive to neighboring communities to dine. In addition, providing additional lodging within the City would benefit visitors or companies that may be having corporate events or conferences. Strategic Considerations: 1. Market what Eagle has to offer for restaurants; develop a marketing brochure specific to retail (daytime population, trade area population, consumer spending characteristics, retail supply and demand, income, households). 2. Research site location requirements for restaurants and hotel companies and target those where Eagle meets or is close to the threshold. 3. Survey residents. PRIMARY TARGET INDUSTRY SECTOR #7: Outdoor Recreation/Rec Tech The City of Eagle recognize that the outdoor recreation industry contributes to a high-quality of life, which helps attract, support, and foster business growth. Outdoor and adventure products can be defined as apparel, equipment, footwear, gadgets, or other manufactured goods that are designed specifically for use in one or more of the following activities: boating (powered or unpowered), camping, backpacking, hiking, bicycling, jogging, fishing, hunting, skiing, snowboarding, or the use of off-road all-terrain vehicles (ATV’s). Key drivers of consumer spending on outdoor products are disposable income, time spent on leisure and sports, and participation in sports. 100 Site Location Considerations: Access to regional airport o Direct service to major markets across the country via Boise Airport Close proximity to interstates and highways Adequate public infrastructure Availability of semi-skilled labor, as well as white-collar professionals such as design technicians; students with outdoor centric business skills Access to business support services (shipping, printing, etc.) State and local incentives Ability to test products right outside your back door Household and disposable income Active population Strategic Considerations: 1. Grow the Eagle’s outdoor recreation sector and target “rec tech” (recreational technology) and other outdoor product manufacturers by leveraging both existing industry referrals and the growing national reputation of Eagle and the region as an outdoor destination. 2. Recruit more companies by promoting Eagle and Eagle’s outdoor industry firms. 3. Seek out niches in the market that are underserved to actively recruit. 4. Advocate for the development of more existing buildings to house industrial type uses or flex space. EMERGING AND DEVELOPMENTAL TARGET INDUSTRY SECTOR #1: Health and Wellness The Healthcare and Wellness cluster includes a dynamic and growing group of industries that provide preventive, curative, and rehabilitative services offered by healthcare providers, medical and specialty hospitals, kidney dialysis centers, and other healthcare and wellness organizations. Wellness refers to the healthy condition a person obtains through reaching a balance in lifestyle, whether through fitness, diet, emotional, social, and/or spiritual pursuits. This sector includes establishments providing health care for individuals, including ambulatory health care services and hospitals as well as recreation, sports training, and physical rehabilitation. The services provided by establishments in this sector are delivered by trained 101 professionals. All industries in the sector share thiscommonality of process, namely, labor inputs of health practitioners with requisiteexpertise The healthcare sector functions as both a significant economic driver and a vital quality of life asset. In addition, healthcare occupations include a number of high- wage positions, with a robust career ladder offering multiple points of entry. Furthermore, projections for continued growth, fueled by a wide range of trends— including the aging Baby Boomers and continued emphasis on medical testing and advanced technologies—makes this sector an attractive target for expansion across the country. Locally, the presence of major healthcare facilities (St Luke’s and Saint Alphonsus) make it a fit for Eagle. Site Location Considerations: Access to markets/customers Access to primary healthcare facilities Availability of medical and professional office space Availability of trained or trainable healthcare workforce Proximity to institutions of higher learning and medical schools Proximity to outdoor recreational opportunities Proximity to population growth center and/or retiree destinations Quality of place Reliable communications infrastructure Strategies for the recruitment and expansion of firms in this sector often differ from traditional approaches. For some industries, such as hospitals, the focus is likely to be on the retention of existing facilities and the development and recruitment of talent. Recruitment strategies for other industries, including doctors’ offices and testing facilities are closely tied to the availability of appropriate office space. Strategic Considerations: 1. Work with St. Luke’s, Saint Alphonsus and other medical organizations to target service providers, suppliers, and other related companies for relocation or expansion in Eagle. 2. Promote the large concentration of high-skill occupations to various healthcare industry prospects. 102 3.Coordinate with higher education entities to match graduates to available positions within Eagle. 4. Focus business retention and expansion activities on existing healthcare facilities to ensure they stay and grow in Eagle. 5. Ensure an adequate supply of office space for the development and expansion of doctor’s offices, labs, testing facilities, and related. 6. Pursue the growth of medical specialties to serve Eagle’s demographics and population. EMERGING AND DEVELOPMENTAL TARGET INDUSTRY SECTOR #2: Manufacturing The manufacturing sector is part of the goods-producing industries super sector group. Although Eagle may not be a competitive market for many of the medium to heavy manufacturing subsectors, Eagle is advancing its competitiveness for specific types of light and advanced manufacturing. Small, growing clusters of manufacturing currently exist in Eagle with Hydrus Board Tech, Woodlab, Bardenay Distillery, 3-Horse Ranch Winery, Global Energy & Lighting, Bentley Door Company, Camille Beckman, Telongo LLC, High Desert Hardwood, Bagmaker, Eagle Woodwright, Sweet Valley Cookie Co., Great Harvest Bread Co., and more. Although the target industry analysis resulted in manufacturing as a whole being more of an emerging industry, for the purposes of the strategic plan, the recreation technology/Outdoor Products subsector is a primary target sector. Other types of light manufacturing industries could become primary target industries as the City continues to grow and advance its economic development competitiveness. In addition, with a high location quotient for manufacturing in the region, Eagle could be a market for suppliers of larger companies. Eagle has a strong transportation network and proximity to a large customer base. Site Location Considerations: Access to markets/customers Access to primary healthcare facilities Availability of entry-level and skilled workforce Proximity to workforce training and apprenticeship programs 103 Proximity to outdoor recreational opportunities Quality of place Reliable communications infrastructure Strategic Considerations: 1. Advocate for the development of more existing buildings to house industrial type uses or flex space. CORE OBJECTIVES, GOALS, STRATEGIES AND PRIORITY ACTIONS The strategic goals and potential implementation approach for Eagle addresses both market opportunities and finding ways of building from and enhancing existing strengths in Eagle’s business base and labor force while leveraging assets. These goals also address current practices and suggest initiatives that will improve the City of Eagle’s approach to economic development. Lastly, the strategic goals address future business opportunities and the monitoring of regional and national trends that can potentially impact Eagle’s economy. The strategic goals and recommended implementation approaches are intended to provide an actionable program that the City can use to address its short- and long- term economic development challenges and opportunities. Taken together, these goals and implementation measures will help Eagle maintain its strategic advantages while addressing market opportunities and useful changes to existing practices in order to enhance their competitive position. Actions are described in categories and are in short-term (1-2 years) and long-term (2-5 years). Actions that are immediate and on-going are also shown under the short-term category. The success of this ambitious strategy requires alignment of goals and funding priorities between City departments and outside agencies and organizations. The City will need to collaborate with public and private sector partners throughout the community/region to carry out the actions recommended by the strategy. Oversight of the implementation of the strategy will be managed by the Economic Development Department at the direction of the Mayor. Additional staffing for economic & community development should be considered to help execute as many of the actions as possible within the five (5) year time frame. Increasing the staff level of economic and community development sooner than later will also prove beneficial when the City reaches a population of 50,000 and becomes and entitlement city that can 104 receive Community Development Block Grant Funds (CDBG) from the federal government. Without adequate staffing and resources this economic development plan will not be successful. This strategy requires reliable multi-year operating support for the key initiatives, including work that supports job growth, capital improvements that foster economic development, and marketing and promotion that brands and propels the community forward. Goal 1: Business Development & Vitality Grow and promote a business-friendly culture that fosters a vibrant city economy through business attraction, expansion, retention and entrepreneurial programs with a refined industry framework. Underlying Circumstances: In the context of an ever-changing and adapting global economy, it is incumbent upon Eagle to utilize a holistic, proactive economic development model, with a long-range vision and carefully managed goals and strategies that place a premium on flexibility, agility, and a willingness to toss old habits aside. In addition, some of the City’s current policies regarding zoning, landscaping, parking, and other related issues must be re-aligned with today’s rapidly changing economic environment. Strategies and Actions Strategy #1: Strengthen Eagle’s business climate and foster a solution-based culture of customer service across all City departments. Short-Term Actions (1-2 years) 1.1 Educate all City’s departments and the City Council about the interrelationships of what they do with economic development and plan how to best integrate efforts for greater mutual efficiencies and support. 1.2 Ensure regulatory and city policies are supportive of business attraction and expansion, especially as they affect existing businesses and target markets, and recommend necessary changes that advance related government efficiencies. 1.3 Further streamline the development processes and improve the customer interface, where appropriate. 105 a.Work with the Planning & Zoning Department, Building Department,City Engineer, ACHD, ITD, Health Department, Police Department and Fire Department to implement a permit process that proactively streamlines processes, precludes problems and is consistent across the board, from preliminary steps to final inspections. 1.4 Support efforts to accelerate development projects that will have the most long- term impact on the economy, employment growth, quality of place amenities and tax-base diversity; Implement a policy for fast-tracking of commercial and/or industrial projects that meet a certain criterion for capital investment, # of jobs created, or necessity. 1.5 Simplify and clarify regulatory processes for real estate development and businesses; publish on website. a. Use technology to make processes simpler for staff and customers. b. Create a streamlined permit application and tracking systems. c. Continue to improve Eagle’s website to be simpler and more interactive for residents, small businesses, and developers. d. Assist in the development of flowcharts and more descriptive checklists that describe the permitting and land use processes and add these flowcharts and checklists to the City’s website. 1.6 Monitor the competitive positioning of the City in regard to business attraction, expansion and retention. Identify issues that negatively influence its economic development potential and overcome these issues with creative solutions. 1.7 Employ a voluntary “conceptual plan review” process. a. Allows applicants to schedule a time to meet with representatives from various departments involved in the development and permitting process to discuss the concept of a project early in the process. b. Staff provides feedback and points out critical issues seen at the concept phase i. Planning ii. Building iii. Fire iv. Water (if in City water area) v. Economic Development 106 Long-Term Actions (2-5 years) 1.8 Plan well in advance to mitigate negative effects during capital projects in order to support businesses; e.g., additional signage, parking relief and other tactics. 1.9 Advocate for a software program and process for tracking and storing of all land use applications, and all related plans, findings, approvals, amendments and permits in one location. 1.10 Update city codes where necessary to create positive change that will encourage more diverse growth of quality non-residential development; Reduce barriers to economic growth, while recognizing regulatory function. 1.11 Identify additional resources/staffing to aid in economic development. 1.12 Build support for economic development among residents and businesses through a public education and awareness campaigns that raises the profile of the City’s successful business community and its contributions to the community and the City’s economic development efforts, as well as the importance of improving the business climate. 1.13 Build consensus on the process by which economic development incentives are offered, negotiated, and approved, grounded in the principles of ensuring responsiveness to opportunities while maintaining fiscal responsibility. Strategy #2: Cultivating a robust entrepreneurship ecosystem and innovative culture. Supporting entrepreneurship and innovation is a critical part of this economic development strategic plan. Many successful businesses in Eagle started as entrepreneurs in their garages and have grown into large nationally known companies, such as; Intuit. Many of the necessary ingredients are already in place for Eagle to become a hub for innovation and entrepreneurship. Nonetheless, a more proactive approach is needed. The City’s support for entrepreneurial and innovative companies should include three vital components: (1) identifying and promoting networking opportunities, (2) encouraging the development of attractive collaborative space, and (3) ensuring access to capital. Embracing a focused entrepreneurship strategy as a core component of this economic development plan is essential to Eagle’s future prosperity. 107 Short-Term Actions (1-2 years) 2.1 Attract innovative, high-growth, early stage companies and entrepreneurs. a. Create a database of early stage target companies for attraction efforts through various sources. b. Develop an outreach template to connect with target companies. c. Promote investment opportunities in local SBIR and STTR awardees. Use this to attract other early-stage companies to the City. d. Engage experienced or serial entrepreneurs with a track record of starting and growing companies. 2.2 Support the growth of microenterprise and small businesses. 2.3 Identify and incorporate local outreach partners within the City and within the region for increased collaboration and resource sharing of vital information; Partner with local and regional business resource agencies and organizations to bring education and networking opportunities to Eagle. 2.4 Explore the creation of an Eagle Entrepreneurs Network group that could offer meetups, mentoring, and an entrepreneurial chat forum. 2.5 Encourage high schools and higher education providers in the City to develop entrepreneurship education programs and to incorporate entrepreneurship into academic curricula. 2.6 Create and maintain a calendar of education and networking events on the City’s website and on social media. 2.7 Actively recruit coworking spaces in Eagle. Long-Term Actions (2-5 years) 2.8 Consider removing Eagle City Code some of the barriers to in-home businesses to help foster entrepreneurship and small-business start-ups. 2.9 Consider and support the creation of a program that allows small shed-type structures to be located and rented out to entrepreneurs seasonally at a reduced rate to help them grow their business until they can afford to lease a commercial space. 108 2.10Advocate for the development of an incubator, makerspace or innovation hub within Eagle. 2.11 Design a reverse-pitch competition to engage major corporations and other organizations with needs for innovation. A reverse pitch is a program where local businesses or industry groups can issue a request for proposal (RFP) for specific products and services that local entrepreneurs and businesses can bid on to provide solutions. Strategy #3: Build and foster relationships with existing businesses. A vibrant Business Retention and Expansion (BRE) program should be the cornerstone of any economic development program. Endeavors to support the City’s existing companies can promote job creation in a way similar to business recruitment programs and can help create and maintain a healthy business climate. Ensuring the long-term success of existing companies also benefits business attraction efforts, as companies often talk to existing firms in communities before making their final location decision. In addition to creating a supportive business climate, a strong BRE program must also help alleviate risks and vulnerabilities facing existing employers. This includes identifying businesses that are at risk of downsizing or relocating for various reasons. Eagle’s economic development program must continue gaining a strong understanding of the needs of local businesses; not only gaining knowledge of the problems or risks a business might be experiencing, but potentially gaining information that could lead to growth from other sources, such as the recruitment of suppliers and service providers. Eagle’s existing clusters of professional and business services, corporate headquarters, financial activities, and healthcare employers are the backbone of Eagle’s economy. Eagle must make every effort to extend the same support provided to prospects (including incentives), to its existing employers that meet target industry thresholds. The actions below represent a baseline of BRE activities that are needed to serve the existing business community. 109 Short-Term Actions (1-2 years) 3.1 Actively support existing business needs through a business retention and expansion program. The program should include all existing businesses within Eagle but have a priority focus on high-growth employers in target sectors. The local business visits should be structured to achieve certain outcomes and include data collection and testimonial collection. 3.2 Develop a questionnaire to capture critical information from business executives and owners during visits. The information captured during the visit should be routinely entered into the CRM database for future reporting and decision-making. 3.3 Identify and incorporate local outreach partners within the City and within the region for increased collaboration and resource sharing of vital information. 3.4 Prepare and administer an annual online business survey as a means for keeping in touch with local businesses and documenting specific needs or expansion plans. 3.5 Assist local businesses in finding appropriate development sites or buildings for expansion. 3.6 Assist existing businesses with marketing; participate in Small Business Saturday using the Small Business Administration’s free marketing materials. 3.7 Provide information to existing businesses such as; market research and industry intelligence, financial resources for business expansion, technical assistance, and workforce training. 3.8 Identify companies in target industries at risk of relocating or downsizing. 3.9 Identify companies in target industries with the potential for a major expansion. 3.10 Build an understanding of the major employers within each of the City’s target industries and emerging opportunities. 3.11 Develop a set of internal and external BRE performance measures. 110 Long-Term Actions (2-5 years) 3.12 Institute an intensive business appreciation week where "ambassadors" (economic development partners and government officials) visit employers to thank them for doing business in the City, offer assistance, and gather information about the City’s business community. 3.13 Explore the creation of “business round table” meetings and a year-end business summit. Business round table discussions allow business leaders to interact in person with local partners in the areas of economic development, small business assistance, talent recruitment, and education. Strategy #4: Workforce Development and Talent Attraction. Access to a skilled workforce consistently ranks at or near the top of the list of site- selection factors. Communities capable of attracting, retaining, and developing a skilled workforce have an advantage in today’s economy. Ensuring a pipeline of workers to support the needs of current and future employers will require targeted workforce development initiatives. The competition for talent includes not only being able to develop and retain the City’s brightest workers, it means attracting them from other locations. It is a competition the City must win to ensure its economic success. While many talent strategies focus exclusively on millennials, the recommended approach for Eagle is to engage talented people of all ages. Short-Term Actions (1-2 years) 4.1 Support and promote workforce development programs and initiatives in the region to sustain growth of existing businesses. 4.2 Connect individuals to jobs, apprenticeships, and other on the-job training opportunities available through the private sector, educational institutions, and not-for-profit entities. 4.3 Create and promote a user-friendly online informational system to allow easy access to labor market forecasts. Utilize the site to publicize the regions high- demand jobs and career opportunities to help drive students towards the fields of study that support those careers. 111 4.4Use employer surveys, interviews, information from the industry alliances, and state and local labor market information to continuously project which occupations will be needed in short- and long-term. 4.5 Assist in facilitation of hiring events with local companies (providing location, marketing the event, facilitating the coordination of agencies, and attendance at the event). 4.6 Identify workforce education strategies; work with the high schools to ensure proper career technical education programs to support Eagle’s businesses. 4.7 Evaluate and advocate for educational, vocational, and technical training opportunities to match needs of new and existing employers and employees. 4.8 Meet periodically with representatives of educational institutions and workforce development organizations to discuss long-range planning for improving education and training opportunities for the benefit of Eagle businesses. 4.9 Promote collaboration between secondary and higher education institutions to provide advanced training and educational opportunities for students. 4.10 Engage the youth and inspire them to stay in, or return to, the community after graduation. Prepare them for becoming productive members of Eagle’s workforce. a. Facilitate business speaking engagements in classrooms, in addition to job shadowing, internship, and apprenticeship programs. b. Work with the local businesses to organize tours that showcase the advanced technologies and skills used in modern operations. c. Advocate for a Mayor’s Teen Council program. Long-Term Actions (2-5 years) 4.11 Consider the creation of a campaign promoted by local elected officials that encourages every business in the City to offer work-based learning opportunities (i.e. job shadowing, internships, on the job training, apprenticeships, etc.) to youth and adults. 4.12 Research the creation of an electronic registration system where businesses can list their work-based learning offerings that is accessible to students and job seekers. Create a feedback mechanism to collect information on the experience from both the business and the individual to improve the program. 112 4.13Work with industry alliances, education providers, and other partners to define high-demand career pathways for strategic industries. 4.14 Develop a campaign to expand awareness and change perceptions among local youth regarding career opportunities that require more than a high school diploma but less than a four-year degree, and work-based learning opportunities. Strategy #5: Grow and diversify the City’s economy through the attraction or recruitment of specific targeted industries that complement the City’s assets. Beyond supporting Eagle’s existing employers and entrepreneurs, the City must also attract new investment and job growth through business recruitment. The question is not whether Eagle can continue to grow absent a more aggressive posture. It will grow, to some degree, organically. The more pertinent question is whether high- profile recruitment opportunities, those that generate national and global press and attract both investment and high-paying jobs, will bypass Eagle. New business attraction efforts focused on a set of target industries will help Eagle compete successfully for expansions and relocations. Eagle’s business attraction program, including both the marketing initiatives and the City’s regulatory environment, must prioritize the recruitment of responsible, high- quality businesses that will contribute to the local economy and enhance the community’s overall appeal as a place to live, work, and do business. Unless the community makes a wholehearted commitment to compete for projects, growth will be driven by residential development and haphazard commercial development. Taxes will then experience upward pressure. Short-Term Actions (1-2 years) 5.1 Refine primary targeted business recruitment efforts within the Professional and Business services, Finance and Insurance, Leisure and Hospitality, Outdoor Products/Rec Tech, and Retail Trade industries. Emerging opportunities may also exist in the custom light manufacturing and Education and Health Services industries, but the primary focus of resources should be on the primary targeted industries. 5.2 Join trade organizations or associations relevant to the target industry clusters to network with industry professionals and learn about any local or national trends that affect the industry’s outlook and ability to expand in the region. 113 5.3Forge relationships with employers in the target industry clusters through business retention and expansion visits. Maintain open communication channels with these companies to ensure they are informed of assistance available to them and they view Eagle as their partner. These positive relationships with other companies or employers will help ensure their industry peers hear positive information about doing business in the City. 5.4 Design marketing materials around Eagle’s primary target industries; Create buzz about the vitality of Eagle through public relations in local and national news outlets and in target industry cluster publications. 5.5 Maintain a database of industry contacts and follow up with these contacts through personalized email(s) and phone call(s) as appropriate, depending on probability of the contact’s expansion or relocation. 5.6 Generate leads for economic development prospects from nontraditional sources. a. Utilize LinkedIn to generate leads and connect with industry leaders b. Utilize Google Alerts as an online lead generation tool 5.7 Recruit satellite offices of firms based in nearby large markets and suppliers/service providers with existing business ties to the region’s major employers. 5.8 Partner with the Chamber of Commerce, Boise Valley Economic Partnership and Idaho Department of Commerce on strategies for marketing our region and local communities to companies. 5.9 Promote the area to prospective businesses and site consultants. a. Attendance at trade shows and conventions (i.e., IAMC, ICSC, CoreNet) b. Recruitment trips in partnership with other agencies c. Set up one-on-one meetings with companies and site selectors d. Send out attraction packets to targeted companies e. Connect with Companies and Site Selectors via LinkedIn f. Cold Calling 5.10 Serve as the City’s main liaison for new businesses locating in Eagle; help companies or developers navigate through the processes. 114 5.11Provide link onCity website to a local online directory of commercial and industrial properties. a. Ensure available property and buildings are put into Idaho Gem State Prospector and updated regularly. 5.12 Actively participate in regional programs and events that affect the City’s economy, workforce, and infrastructure. 5.13 Develop a competitive and business friendly environment. 5.14 Establish and maintain relationships, communication and collaboration between the City of Eagle and outside agency partners. 5.15 Work with regional economic development partners to build relationships with commercial real estate developers, brokers, site location consultants, and other corporate real estate “influencers” in the Boise metro area, Idaho, across the nation, and around the world. Long-Term Actions (2-5 years) 5.16 Build consensus on the process by which economic development incentives are offered, negotiated, and approved. 5.17 Foster the development of a diverse mix of commercial space to meet the different needs of start-ups and established companies. a. Encourage the development of new commercial space at a range of scales. b. Design land use flexibility and adaptability into zoning districts and the planning ordinances. c. Incentivize the development of new tech incubator spaces. 5.18 Position Eagle as a desirable landing spot for emerging companies in the region. a. Target additional firms, such as successful startups in the region’s business incubators/accelerators, that are on the cusp of outgrowing their existing space and could be positioned for expansion/relocation into Eagle. 115 b.Track and work with venture capital (VC) firms in the region and nationally that have recently funded high-growth, innovative businesses. Leverage business and personal relationships to encourage international business investment. Strategy #6: Tourism Development Support and promote businesses and opportunities designed to serve people who come to Eagle temporarily or repeatedly for a specific activity or overnight stay. Economic opportunity existsthrough tourism in Eagle. Tourism is about bringing money into the City. It can be a strong asset in terms of economic development and business retention and a pleasant side effect is that when a community offers new and different experiences, local residents will spend more of their money at home. This helps to stop the leakage – the cash residents spend someplace else. The benefit of tourism is the multiplier effect as tourist expenditures are recycled through the local economy. The economic activity generated by tourism benefits direct and indirect industries such as restaurants, hotels, wineries, guiding & outfitter businesses, tour operators, gas stations, retail stores, art galleries and more. Economic impact models are used to estimate the overall employment gains in services and goods consumption resulting from the touristic multipliers. Their touristic benefits are local and state revenues derived from taxes on tourism, and increased employment opportunities in restaurants, hotels, transportations and retail establishments. What is attractive to visitors can also be attractive to residents and investors, thus providing a quality of life and business development component to the strategy. Maintaining and enhancing Eagle’s quality of life is clearly a factor in every decision the City makes. This should be no different as Eagle moves forward with a vision for tourism. Eagle’s current tourism product is Downtown – other activities include Ada/Eagle Sports Complex, Eagle Island State Park, parks, the tennis club – may appeal to specific groups of potential visitors but they do not provide an opportunity for people to spend money. Visitors in downtown will spend money if businesses are open and there is a mix of options from retail and dining to shopping for that unique gift. Eagle’s downtown is a great start at what will eventually be a vibrant active downtown. Continued recruitment of unique, boutique type businesses will help provide the foundation for success. Mix that with activity generators and events that draw not only the local residents, but pull from the region, and you have just developed tourism. 116 Ideally, the City should have a stated Tourism goal. That goal should be to attract visitors who comes from outside of Eagleand spends moneyat retail, dining and/or lodging establishments within the City limits, and to provide the services and amenities within the community to ensure local residents spend money in Eagle. Part of encouraging visitors to stay longer and come back sooninvolvesgiving them information about other things to see and do while they are already in town or out of their cars walking around Downtown. The longer they stay, the more money they spend. The City should make it easy for people to stay a few more hours until an event starts or inform them about upcoming opportunities so they can plan to attend and possibly stay longer or spend the night. Visitors will be disappointed if they arrive home and later learn that they missed something happening in Eagle because no information was available Short-Term Actions (1-2 years) 6.1 Champion the Value of Tourism: A destination is its people—they make up the culture and the experience the visitor engages with during their visit. Therefore, a tourism product is only as good as the people who support it and its value. Eagle needs to ensure the value of tourism is understood by the local community so that the community can get behind these efforts and create an authentic experience. 6.2 Work with the local chamber of commerce, the state tourism office and local partners to participate in cooperative marketing opportunities to promote Eagle as a tourist destination for specific events or activities. 6.3 Work with the chamber, city departments, and other businesses in Eagle to promote and develop festivals, events, services and activities of interest to tourists and residents. 6.4 Identify other towns with similar characteristics and tourism-based economies which successfully support a growing full-time population and study their methodologies. 6.5 Work with the chamber of commerce to encourage their application of tourism grant funds through the Idaho Tourism office. 6.6 Identify areas within the City where additional wayfinding signs should be positioned. 117 6.7Capitalize on the agriculture and viticulture areas identified in the 2017 Comprehensive Plan. Foster and support the industries within these areas and encourage partnership for events and activities within Eagle. 6.8 Celebrate Idaho Wine month in June of every year. Create events and activities to coordinate with the local wineries within the viticulture area of Eagle. 6.9 Support and help grow the Eagle Food & Wine Festival to become a regional event. 6.10 Support and encourage the development of a regional park that could be utilized for regional and national events. 6.11 Develop a free public Wi-Fi in downtown and other public areas. Wi-Fi options encourage people to linger. The longer they stay, the higher the probability that they will grab something to eat or go shopping. Wi-Fi is another piece of the overall exemplary customer service experience Eagle is striving to create. 6.12 Consider adding a wireless sound system throughout Heritage Park. It would provide an easy way to create ambiance. It will enhance the experience and the music can vary depending upon the area and time of day and year. Some communities have been successful at dispersing groups of teenagers by playing classical music in the places where they gather. 6.13 Partner with local businesses to help sponsor or promote public events or activities. Some examples could be: Restaurant week Scavenger hunts Sidewalk chalk competitions Moveable murals Art walk and wine Goal 2: Identity and Marketing Create a strong identity for Eagle and elevateits profile and positive perception among local, regional, national and international audiences. A successful marketing program requires highly targeted messaging that is directed at specific audiences. Generic marketing and promotional efforts that position Eagle as a “great place to live, work, and play” or “Eagle is HOME” are not sufficient to differentiate the City for external business development. New marketing initiatives 118 that use local assets to tell Eagle’s story internally (among Eagle residents), throughout the Boise Metro area, nationally, and internationally will help enhance the community’s image over time. The internal component of Eagle’s marketing will rely on a greater level of engagement with young professionals and emerging business leaders. The City struggles against internal and external perceptions. Internally, the residents are not fully aware of the City’s economic assets or the benefits of diversifying the economy. The City’s economic development efforts should be clearly promoted as a community relations tool. The City’s existing external image does not adequately reflect the quality, culture or climate of the City’s economic, civic or social assets. Additionally, some in the general public hold negative perceptions of Eagle because of the upscale housing and the higher household income levels compared to the rest of the metropolitan area. Others are misinformed on the need for diverse housing options (multi-family) and the impact these types of developments have on a community. This perception cannot be addressed through branding and taglines alone. Actively endorsing and supporting an open, forward-looking attitude with a focus on engagement with various internal and external audiences will reinforce the positive benefits of economic development and diverse growth. In addition, the globalization of the economy and the advance of technology have made geographic boundaries less important. An increasingly mobile workforce can live almost anywhere, which intensifies the jockeying for economic activity among cities and regions throughout the world. Eagle must recognize its unique assets, clearly define them, understand how to capitalize on and continually refine them, as well as clearly communicate them to the world in order to compete successfully in today’s economy. Being that the Economic Development Department is new, there has not been a marketing and promotion for the City of Eagle in relation to economic development efforts. With the newest comprehensive plan that was adopted in 2017, the City came up with a vision of “Eagle is HOME”. The Eagle is HOME provides for a great vision and mission statement but lacks a discernable brand and positioning statement for overall economic development and for each targeted industry, to include downtown. Advertising should be leveraged for its specific purpose. The “Eagle is HOME” should still be incorporated into all marketing material for Eagle but should also include an actual “brand” and a tagline or statement that specifically addresses what Eagle has to offer that is unique. This identity branding will help Eagle to stand above and separate from other communities in the Valley and display the uniqueness that Eagle has to offer to residents, companies and visitors. 119 For Eagle to be competitive, Eagle must be perceived as business-friendly with a pro- business climate; ready to assist, and willing to go above and beyond to help companies be successful in locating their business in Eagle and helping them to grow. This requires a two-prong approach; (1) City staff’s willingness to “make it happen”, along with support from the elected officials; and (2) A multi-faceted outreach and marketing strategy targeted to internal government, businesses, local residents, and the external global marketplace. Strategies and Actions Strategy #1: Establish a strong brand and identity that reflects the City of Eagle’s unique value proposition, dispels negative perceptions, and builds awareness of the opportunities. Short-Term Actions (1-2 years) 1.1 Conduct a thorough community branding exercise. a. Conduct a brand audit to determine where you stand in the market b. Establish a unique value proposition and messaging statements c. Develop the brand’s creative elements (look, feel and voice) d. Implement strategies to establish the brand identity; grow awareness and strengthen the brand e. Analyze and refine the brand identity f. Ensure brand conveys a strong positive image to local, regional, state, national and international audiences 1.2 Develop a style and branding guide to be distributed across City departments and made available to the community. This allows for consistency and a broader participation in marketing and use of the brand. 1.3 Use the brand and messaging statements/taglines on all website, social media, and marketing materials. 1.4 Promote the City’s brand to key-decision makers in the local, state, national and international spheres of influence (real estate, corporate and site selection consultants, developers and company executives). Position Eagle as a destination for quality future non-residential growth and attraction of younger talent for the workforce. 120 1.5Ensure internal audiences have an adequate understanding of the City’s assets, are educated about the important role of economic development to the City’s future and have an awareness of the opportunities for positive change. 1.6 Partner with the Idaho Department of Commerce and Boise Valley Economic Partnership to help promote Eagle in order to gain more local, regional, national and international attention. Long-Term Actions (2-5 years) 1.7 Partner with the state to promote more things to do and places to stay in Eagle on the VisitIdaho.org site. Strategy #2: Develop and implement a citywide marketing plan to encourage existing business to invest in expansions, to attract new businesses, and to facilitate tourism. Short-Term Actions (1-2 years) 2.1 Develop an internal outreach and marketing strategy that serves to educate and provide data as needed to all City departments and the City Council as to how best support economic development initiatives and integrate efforts for greater mutual efficiencies and support of commercial activity. 2.2 Develop and maintain robust economic development web pages, partly for internal education and reference, and partly for those businesses seeking resources to start or expand a business, especially to clarify the City’s regulatory processes to businesses and private investors. Optimizing business’ experience with the City will better foster the growth of quality businesses in the City. 2.3 Develop an external outreach and marketing strategy that serves to educate and provide information to residents, businesses, and visitors. 2.4 Create and actively engage on economic development social media accounts to highlight local quality of life amenities, events, business spotlights, new businesses coming to Eagle, available land and buildings, new developments, local success stories, economic development data, regional and state news that impacts the local economy, entrepreneurial events, business educational or training offerings, and overall marketing of why Eagle is the “Diamond of the Treasure Valley”. 121 2.5Create media kits to assist local media in writing stories about the City’s economic development efforts, strategic plan, public outreach initiatives, the role of economic development in the community, and success stories. 2.6 Engage young professionals and emerging business leaders as target audiences in the economic development program. 2.7 Develop an economic development annual report that showcases Eagle’s economy and growth, and forecasts economic conditions for the next year. To save on costs, print a limited number and consider creating a video or utilizing a platform to produce an interactive online version. Provide this publication to key partners to share and promote this publication at the annual summit. 2.8 Create customized marketing content for each of the recommended target industries. 2.9 Develop an external hashtag campaign, such as #Eagleisforyou, or an internal hashtag campaign, such as #Weloveeagle, and encourage local residents and ambassadors to tell positive stories. 2.10 Include more diverse imagery on the website and emphasize that Eagle is welcoming to people of all backgrounds. Long-Term Actions (2-5 years) 2.11 Support and encourage the maintenance of a computerized Geographic Information System (GIS) to support economic development in Eagle. 2.12 Implement a quarterly e-newsletter that highlights economic development achievements, organization news, new projects, existing project updates, and various community events. Encourage economic development partners to devote a portion of their existing newsletters to the City’s economic development efforts Strategy #3: Launch an annual Eagle Economic Development Summit. Long-Term Actions (2-5 years) 3.1 Ensure that City residents and economic development partners understand and talk about Eagle’s economic development activities in a consistent, positive way. 122 a.Host a public roll out event that introduces the Eagle Economic Development Strategic Plan to the public. b. Develop a vision for the City’s economic growth, utilizing the plan’s guiding principles. c. Educate key audiences on about Eagle’s economic development department’s roles and efforts. d. Tell stories of local successes to instill a sense of community pride e. Encourage local media to attend the rollout event and showcase the plan. f. Showcase the City’s economic development efforts at chamber events. Goal 3: DowntownRevitalization Creating a vibrant urban experience that is inviting, attractive and safe Downtowns represent the image and character of a city to the rest of the world. Downtowns are iconic and powerful symbols for a city and often contain the most iconic landmarks, distinctive features, and unique neighborhoods. They are also often the hotbeds of business creativity, neighborhood activism, non-profit entrepreneurs, economic diversity, and an attraction for visitors, seniors, and young talent. A city’s downtown area has an important and unique role in economic and social development. Downtowns create a critical mass of activities where commercial, cultural, and civic activities are concentrated. This concentration facilitates business, learning, and cultural exchange. The direct impact of downtown revitalization on local and state economies is well documented. Investment in revitalization creates jobs, increases property values and attracts tourists. All of which are economic benefits to the cities making those investments. As Richard Florida describes in “The Rise of the Creative Class”, one of the key indicators of a community’s economic success in today’s economy is the ability to attract and retain what Florida calls the creative class, “a fast-growing, highly educated, and well-paid segment of the workforce on whose efforts corporate profits and economic growth increasingly depend.” Florida argues that the creative class values places that are authentic and unique and states that “authenticity comes from several aspects of a community – historic buildings, established neighborhoods, a unique music scene, or specific cultural attributes.” All of which a revitalized downtown can offer. Corporate CEOs, whose success depend upon the talents of the creative class (i.e. high-tech, bio-sciences, law, engineering, etc.), understand that they are more likely 123 to increase their pool of talented recruits if their company is located in a place that offers an authentic and unique sense of place. So, more and more, they are instructing their site selectors to seek out locations for business expansion or relocation that meet those criteria. That is why investing in downtown revitalization is an important strategy in Eagle’s economic development program. Strategies and Actions Strategy #1: Retain and Grow the Mix of Businesses and Activity within Downtown. Short-Term Actions (1-2 years) 1.1 Develop a strategic plan specific to downtown. 1.2 Support development of collaborative co-working spaces to bring additional workspaces to the downtown and provide alternatives to traditional office space in the downtown core. 1.3 Retain existing commercial industry with business support activities such as a survey of business needs and concerns, and state and federal training and loan resources. 1.4 Explore the creation of a business improvement district (BID) to provide for long-term sustainability of the downtown and its economic success; facilitate the creation of an Eagle Downtown Business Association (EDBA). 1.5 Market the downtown as a place to live, work and play in a pedestrian-oriented neighborhood. 1.6 Encourage reuse and redevelopment of underutilized sites to achieve economic development goals and stimulate additional growth and revitalization. a. Baptist Church Property on E. State St. b. Property at the SW corner of State and Plaza Drive c. Properties at the SW corner of State and Eagle d. Properties along E. State Street with frontage on Hwy 44 (trailer park) e. Vacant parcels within the downtown f. Parcels for sale or in distress g. Transform office spaces for other uses h. Champion adaptive reuse of older structures 124 1.7Support downtown housing development(both market rate and workforce housing) to provide affordable options for the working class, the help facilitate talent attraction, and to help alleviate in-commuting of service sector employees. a. Maintain a range of housing options from studio apartments and condominiums to townhomes/row housing in order to provide live-work options; encourage mixed-use development in the downtown areas b. Identify suitable downtown housing sites and create a promotional brochure with information on size, zoning, ownership, broker representation (if any), and contact information 1.8 Work with the Idaho Department of Commerce on CDBG and other grant opportunities to help fund infrastructure and public facilities in downtown. 1.9 Support and help facilitate a revitalization program for downtown Eagle. a. Incentives for downtown revitalization projects b. Allocate a portion of city revenues towards downtown revitalization c. Establish a façade improvement program d. Consider a downtown revitalization loan program e. Establish more lenient zoning regulations for parking within downtown f. Establish themes within specific areas of downtown 1.10 Raise awareness within Eagle to the advantages of integrating downtown revitalization with economic development. 1.11 Support continued public investment in downtown that will benefit current infrastructure, residents, and firms, but also generate outsized returns to the greater community. 1.12 Support and assist in facilitation of activities and events within downtown. Long-Term Actions (2-5 years) 1.13 Explore the adoption of form-based codes, using place-making principles to achieve a particular character of built-environment; prescribing the height and placement of a building, the direction of windows and doors, etc. through the use of diagrams and images that clearly set out the standards to allow more streamlining of the approval process. This should include streetscape that is specific to the downtown and its varying sub-districts. 125 1.14Explore feasibility of community wide wireless computer networks, or Wi-Fi (wireless fidelity). 1.15 Support the creation of a larger public gathering space in downtown for events and activities. Activities could include; interactive musical instruments, interactive and visual art/sculptures, water features, tables and chairs, and shade facilities. 1.16 Support the enhancement and completion of pedestrian connectivity features; such as, sidewalks, pedestrian only areas, bike racks, public plazas, and more. 1.17 Work with the planning department to create re-use goals and policies for the downtown area on the east side. 1.18 Consider employing form-based codes to facilitate more growth within the downtown planning areas. Goal 4: Real Estate Development Encourage commercial development in specific target areas, support appropriate mixed-use development, and accelerate the development and preservation of vital quality-of-place amenities. Eagle offers available greenfield land that is ripe for development, a portion of which is optimally situated along key transportation corridors. However, there are three significant challenges regarding this land: (1) it has a high price point, driven by upward pressure from residential home values; (2) in some cases, the land is fragmented or too small for a large commercial development; and (3) a large percentage of the available land is not “shovel-ready”. Real estate development is one of the most important factors for Eagle’s future growth and should be based on a combination of strategies: (1) annexation of developable land within the City’s impact area; (2) strategic development of the remaining undeveloped sites to ensure they support new opportunities for business and employment growth; and (3) employment of incentives and tools to support highly desired projects. Implicit in these approaches is the understanding that the City’s commercial tax base can grow only by maximizing the value and impact of the City’s real estate. Strategies and Actions Strategy #1: Provide an adequate supply of vacant, shovel-ready land for commercial and business park use. 126 Short-Term Actions (1-2 years) 1.1 Advocate for the annexation of growth areas, as necessary and as possible, to ensure adequate supply of developable land and to control development in the fringe areas of the city; waive fees for those willing to annex into the city. 1.2 Support efforts to improve and enhance infrastructure, such as; sewer, water, irrigation, communication networks, transit, vehicular and pedestrian connectivity, sidewalks, streetscapes, wayfinding signage; Work with City staff on the development and maintenance of a Capital Improvement Plan and Master Infrastructure Plan. 1.3 Promote redevelopment of existing vacant, underutilized, and brownfield properties. 1.4 Promote utilization of shovel-ready sites. 1.5 Evaluate potential commercial and business park development sites, based on the future land use map. 1.6 Protect development potential of commercial and business park sites. 1.7 Seek creative and alternative funding sources for eligible capital improvement projects. 1.8 Promote capital improvements that will influence the pace and placement of growth and development. 1.9 Invest in downtown public improvements. Long-Term Actions (2-5 years) 1.10 Coordinate with ACHD, ITD and relevant agencies to expand and enhance the overall transportation network in Eagle in order to provide improved access to commercial and business park locations. 1.11 Facilitate infrastructure improvements which support base sector target industries; leverage private investment. 127 Strategy #2: Support efforts to accelerate real estate development projects that will have the highest long-term impact on business development opportunities, employment growth, quality-of- place amenities, and tax base balance. Short-Term Actions (1-2 years) 2.1 Promote the development of more high-quality, mixed-use space, including Class A office, coworking, retail, and a range of diverse housing options. 2.2 Prioritize efforts on the west end of Eagle, where closer proximity to growth is driving development potential. 2.3 Encourage development and redevelopment within the downtown planning areas to attract investment and tourism. 2.5 Consider location within Eagle that could be a destination for possible mixed- use development with a large convention/conference center, or a business incubator/maker space as an anchor. 2.6 Provide an expedited permitting process and possible fee waivers as an incentive to support and accelerate development projects that are of high benefit to Eagle’s economy. 2.7 Consider the creation of a committee that includes Realtors, developers, and business owners who makes recommendations to the City Council on changes to the City’s ordinances affecting development. 2.8 Explore the possibility of rezoning some optimally located residential land for industrial or commercial purposes. Goal #5: Community Development and Placemaking Building on and enhancing the existing amenities in Eagle with the goal of being the regional destination for providing the places and quality of life amenities desired by employers, employees and residents. A shift of economic focus from resources to people has been accompanied by a change in what motivates talented workers to locate and stay in communities. Now, more than ever, attractiveness and livability dictate workers’ location decisions. The knowledge worker wants to live in a place that offers transportation and housing choices, recreational and cultural opportunities, vibrancy, authenticity, and inclusiveness. The strength of neighborhoods, connectivity among different districts of the community, and urban amenities are what make communities attractive to 128 talented individuals and to dynamic businesses in today’s economy. As a result, placemaking has emerged as an important tool in economic development. In addition, access to talent is a chief site location criterion for businesses. A community’s ability to compete for new investment is strongly correlated to its attractiveness to talent, because communities that can offer a multitude of amenities are the ones best able to attract and retain skilled and talented workers, especially younger workers between 20-35. Similarly, a community that is attractive to talent will in turn be more likely to attract companies. Thus, enhancing quality of place amenities such as arts, culture, entertainment, transit, agricultural lands, parks and recreation, and green space is a growing economic development priority across the nation. Enhancing Eagle’s quality of place is a way to help Eagle position itself for talent attraction, business expansion, and innovative economic activity. Placemaking is a multi-faceted approach to the planning, design and management of public spaces and amenities. Placemaking capitalizes on local assets, inspiration, and potential, with the intention of creating public spaces that promote people's health, happiness, and well-being. Quality of place is a vital component of a successful economic development strategy, and Eagle is already ahead of the game with their beautiful parks, Eagle Island State Park, Ada/Eagle Sports Complex, established open green space, the greenbelt, and many pathways and trails. However, several improvements could be enacted to enhance Eagle’s overall attractiveness and livability. Strategies and Actions Strategy #1: Champion and source potential placemaking and infrastructure projects that create community amenities needed for young professionals and families. Short-Term Actions (1-2 years) 1.1 Identify and invest in “gateway corridors” throughout Eagle and its impact area. Enhance the curb appeal of areas that are highly traveled and visible to outsiders. This effort will require direct coordination and partnership with property owners, ACHD and ITD. 1.2 Continue to support efforts to expand Eagle’s recreational infrastructure (hiking and biking trails, community centers, regional parks, multipurpose event venues, etc.). 129 a.Explore tactics to connect the foothills trails all the way through Eagle to Highway 16 b. Support the development of a new or expanded park space that allows for regional and national events c. Support the development of a performing arts center or a multi-purpose event center that would draw people from the region. d. Support the development of a YMCA facility in Eagle 1.3 Build an understanding among key stakeholders about the connection between quality of place and economic health. 1.4 Continue collaboration and partnership with COMPASS and VRT regarding diverse transportation options. 1.5 Encourage alternative forms of transportation (public transit, bicycle, and pedestrian services and facilities). 1.6 Raise the public awareness of the benefits of alternative transportation modes for traffic reduction and mitigation, clean air and resource conservation. Long-Term Actions (2-5 years) 1.7 Support and advocate for the development of pedestrian connectivity across Highway 44, connecting the north side of Eagle to the south side. 1.8 Support and advocate for the extension of Highway 16 to Interstate 84. 1.9 Support and advocate for additional north-south connections across the Boise River to help facilitate connectivity and ease of commuting. 1.10 Explore the installation of alternative transportation modes in public and private developments, including; car, bike and scooters, bicycle storage and parking, electric charging and hydrogen stations. Strategy #2: Encourage a range of housing options to meet the needs of Eagle’s workforce and to accommodate the diverse needs of Eagle’s households. The City can directly support economic development by serving as a resource for employers needing assistance with identifying housing options for their employees. Data and knowledge related to the City’s housing market that can be utilized for 130 business attraction and retention purposes. Eagle can work withIdaho Housing and Finance, Idaho Housing Authority, and the real estate community to access relevant data for site location purposes as well as to connect existing employers needing assistance. Although Eagle has one of the highest median household incomes in the region, there still exists many workers within Eagle that have incomes ranging lower than 80 percent of the median income level. In addition, Eagle’s poverty level is low (6.8%) comparatively, however poverty is still present in the community. A moderate percentage (27%) of the residents make less than $50,000 annually, which equates to a maximum affordable rent/payment rate of $1,250 per month. At $1,250 per month, the current market would afford a studio and some one-bedroom apartments. Over 37% of the population in Eagle make less than 80% of the median income, placing them in a category of “low income” and needing more affordable housing. In addition to residents, the City needs to address the employees of local businesses who are commuting into Eagle from other communities. This number equates to over 30% of Eagle’s workforce commutes from other places in the region, mainly because, (1) They cannot afford to live in Eagle, or (2) Eagle does not provide a diversity of housing options that appeal to their housing choices. Affordable housing also is important to the economic vitality of communities. Affordable homes can attract and retain employees to your community- a selling point and a competitive advantage for area employers. Affordable homes also support the local workforce so they can live close to their jobs. Shorter commutes allow workers to spend more time with their families while the community benefits from reduction in traffic congestion, air pollution, and expenditures on roads. A healthy mix of housing options, from market- rate and affordable rental housing, single- family homes, duplexes, as well as developments for seniors, ensures opportunities for all individuals to improve their economic situation and contribute to their communities. Short-Term Actions (1-2 years) 2.1 Educate the public on the benefits of mixed-use and mixed-income communities in accommodating projected growth. 2.2 Promote livable neighborhoods with a mix of housing types, quality design and a scale and character that respects unique residential neighborhoods in the City. Long-Term Actions (2-5 years) 131 2.3Promote a more equitable distribution of workforce housing opportunities throughout the City. Target housing resources, policies and incentives to include workforce housing in residential development, particularly in mixed use development, Transit Oriented Districts, downtown and within designated centers. 2.4 Consider development policies that incorporate zoning incentives for developers to provide a percentage of new multi-family units at rents affordable to households at 80% of the median family income. Strategy #3: Foster a diverse and balanced community that meets the needs of tomorrow while preserving the quality and character Eagle values today. 3.1 Support mixed-use master plan developments to guide long-term, place- based economic and community development in defined geographic areas. 3.2 Promote neighborhood-focused retail development as way of improving quality of place and stimulating local economic vitality. 3.3 Encourage the development and connectivity of high-quality public spaces. a. Inventory potential public spaces that could be included in public and private development projects and encourage the inclusion of these areas in private development applications for private spaces and Eagle’s Capital Improvement Plan. 132 Attachment A – Highlights of the 2019 Economic Market Analysis This attachment contains the highlights of Eagle’s 2019 economic market analysis. The full report will be available on the City of Eagle’s website at http://www.cityofeagle.org. Demographic and Workforce Profile Eagle has experienced moderate population growth (20,185), increasing from 11,085 to 31,270 during 2000-2019. Eagle has an older population than the surrounding region with a median age of 41, however, the median age has decreased by five years from 45 as seen in the 2012-2016 American Community Survey. The largest increase in population from 2010-2018 was in the 25-34-year-old age group. Approximately 57.2% of Eagle’s working age population (16 years and over) is actively participating in the labor force. Eagle has a highly educated population with the majority (54.6%) having a college degree and over 43% having a bachelor’s degree or higher. Occupations of the resident workforce are not necessarily associated with jobs located within Eagle – the majority of Eagle’s employed residents work outside the city, with approximately 91% commuting to jobs elsewhere in Ada County or the region. Eagle is becoming more diverse with the percentage of the white race population decreasing from 95% in 2017 to 86% in 2019. The City’s median household income in 2019 was estimated at $81,196, with over 38% of the households earning greater than $100,000 annually. Eagle’s labor force grew by 10% from 2107 to 2019 compared to Ada County (9.8%) and the State (3.63%) The fastest growing occupation group in Eagle over the next year is expected to be Healthcare Support Occupations with a 3.1% year- over-year rate of growth. Employment Forecast Employment in Eagle is projected to expand by a minimum of 147 jobs or 1.7%. The top three industry sectors with the highest concentration of employment compared to the national average are; Arts, Entertainment and Recreation, Construction, and Real Estate and Rental and Leasing. Sectors in Eagle with the highest wages per worker are Manufacturing, Management of Companies and Enterprises and Utilities. The strongest forecast by number of jobs is projected to be for Health Care and Social Assistance, Construction, Professional Scientific and Technical Services, Accommodation and Food Service, and Administrative Support. Retail Market Information Eagle’s average disposable income in 2019 is $84,055. Eagle is losing out on $209 million in retail sales that are being spent in other communities by residents who live in Eagle The highest retail leakage is occurring in the category of “General Merchandise Stores” The Meridian and Boise area is Eagle’s largest retail competitor. The projected future growth in population of 4.5% annually will increase the potential of attracting retailers to Eagle. Residential Market Information Eagle has a total of 10,125 households, with 82.52% being owner-occupied units. Eagle’s Comprehensive Plan projects the City’s planning boundary to reach build out by approximately 2050, with a population of 95,000. Eagle has seen an increase in the development or interest in the development of multi-family housing projects or mixed-use developments with a multi-family housing component. Single-family housing prices average higher in Eagle due to the large number of larger custom homes. 133 Office Market Information Eagle has several office locations; The Bridges @ Lakemoor, Eagle River, Eagle Lakes, East End Marketplace, Stillwater Office demand is driven by employment trends in office-related employment sectors. As baby-boomers retire and millennials enter the workforce, the office workspace will be reshaped. Co-working space and open office environments will take hold. Trends toward shared office space and office space with high-quality amenities and efficient floor plans capable of handling more dense employee layouts have started to drive the demand. The largest employment based on occupation type within Eagle is: management occupations; business and financial operations; education, training and library; and office and administrative support. Rental rates have been moving upwards as vacancies decline due to strong demand. Eagle has a very low vacancy rate in office. Eagle’s skilled workforce, quality of life and location provides a competitive advantage for attracting a diversity of businesses. Healthcare, professional services, financial services, and regional/corporate offices have competitive strengths for Eagle. Primary Target Industries Professional, Scientific and Technical Services Administrative Support Services Regional/Corporate Headquarters Offices Finance and Insurance Arts, Entertainment and Recreation Accommodation and Food Service Retail Trade Outdoor Products and Recreation Technology Emerging and Developmental Industries Healthcare and Social Assistance Manufacturing (Maker/craft industries) Community Assets that Enhance Competitiveness Eagle is part of one of the fastest growing and most desirable metropolitan areas Eagle is one of the fastest growing communities in the region Appealing climate with plenty of outdoor recreation opportunities; ability to test products right out back door Affordability and reliability of electricity Quality of life amenities that appeal to well-educated, young professionals and those from larger metros High educational attainment Strong training pipeline supported by College of Western Idaho, Boise State University and University of Idaho Relatively low wages for many occupations in comparison to other metro areas; provides a labor cost advantage Four (4) major transportation corridors traverse through and around Eagle (Hwy 55, Hwy 44, Hwy 16 and US 20/26) Direct connection to I-84 via Eagle Road; Future direct connection to I-84 via Hwy 16 Abundance of workers with professional skill sets Passenger air connectivity via Boise Airport to major destinations; non-stop flights to 20 destinations Cost of living is lower than the national average High quality design standards (buildings, landscape, open space) Agribusiness (wineries, fruits, vegetables) Entrepreneurial environment High household Income Smaller community within a larger metropolitan area; feeling of separate and distinct Friendly and welcoming pro-business environment 134 Economic Development Partners City of Eagle Planning Department City of Eagle Building Department City of Eagle Parks & Trails City of Eagle Engineering Consultants (Heco Engineers) City of Eagle Water Department Eagle Urban Renewal Agency Eagle Chamber of Commerce Boise Valley Economic Partnership Idaho Department of Commerce Idaho Department of Labor Idaho Workforce Development Council West Ada School District College of Western Idaho Boise State University University of Idaho Idaho Small Business Administration (SBA) Idaho Small Business Development Center (SBDC) Ada County Highway District (ACHD) Idaho Transportation Department (ITD) Community Planning Association of Southwest Idaho (COMPASS) Eagle Sewer District Suez Water Idaho Power Company Intermountain Gas Company Fiber Network Providers Real Estate Brokers Eagle Community 135