1 st Quarter Report City of Chandler - Economic Development Division

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1 Fiscal Year st Quarter Assisted Projects Locates Sites Industrial Ticer Technologies Frye Rd Industrial Park Air Products 54th St & Detroit Craftco Arizona Ave & Riggs Audi of Chandler Ray Rd. & I-1 TGI Friday's Loop 22 & Gilbert Rd Harkins Theater Loop 22 & Gilbert Rd Pizza Factory McQueen Rd & Riggs Rd Berean Christian Bookstore Loop 22 & Gilbert Rd $7, $6, $5, $4, $3, $2, $1, Average Salary $45 $4 $35 $3 $25 $2 $15 $1 $ $24.1 Capital Investments in millions $2.3 $16.9 $11.1 $16.9 $2.1 $14.8 $13.5 Q2 5-6 Q3 5-6 Q4 5-6 Q Jobs Created Q2 5-6 Q3 5-6 Q4 5-6 Q1 6-7 $43,863 $39,347 $62,54 $52, Q2 Q3 Q4 Q1 FY5-6 FY6-7 $3 $25 $2 $15 $1 $ $23,43 $ Annual Payroll in millions $1 Square Footage in thousands $ $ $5 Q2 5-6 Q3 5-6 Q4 5-6 Q1 6-7 Q2 5-6 Q3 5-6 Q4 5-6 Q1 6-7 Target Target

2 Fiscal Year Sales Missions ADOC Sales Mission San Jose, CA July 25th, 26 Top Ten Viewed Pages ED Home Page Market ED Reports and Publications Small Business Resources Business Environment Industrial Opportunities Historic Downtown Chandler One Resourceful Team Highlights Office Market Reach & Impact 4,5 4, 3,5 3, 2,5 2, 1,5 1, 5 Economic Development Website Views 3,99 4,18 3,627 July August September GPEC Direct Chamber Trade Show Other Clients & Referrals Leads Prospects Broker Developer Direct Call Trade Show Other Leads Opportunity Analysis Prospects

3 Fiscal Year Real Estate Trends $ % 7.% Source: Costar Property Market Summary Sq. ft. in millions $23.3 New Construction Inventory Chandler Vacancy Maricopa County Vacancy Industrial Office Average Monthly Increase in Housing Units New New Month Single Multi- Family Family July August September Source: Chandler Planning & Development Department 1.% 8.4% $5, $45, $4, $35, $3, $25, $2, $15, $1, $5, Market Share of Region Industrial 3.1% Office 6.6% $ % 6.5% 12% 1% 8% 6% 4% 2% % Chandler new homes Maricopa County new homes U.S. new homes Median Home Prices Chandler resale Maricopa County resale U.S. resale Absorption Sq.Ft. in thousands Q1 Q2 Q3 Q4 Q1 FY 5-6 Industrial Office FY 6-7 Source: Costar Property Q2 Q3 Q4 Q1 FY 5-6 FY 6-7

4 Fiscal Year Economic Trends Workforce Analysis Q2 Q3 Q4 Q1 FY 5-6 FY 6-7 Source: Arizona Dept. of Economic Security 3, 25, 2, 15, Chandler w ork force Chandler employment Chandler unemployment rate Phoenix-Metro unemployment rate 244, % 4.% 3.5% 3.% 2.5% 2.% 1.5% 1.%.5%.% Chandler Demographics $5, $45, $4, $35, $3, $25, $2, $15, $1, $5, 273, (Buildout) Property Tax (both commercial & residential) $131,163 $48, ,6 $445,67 July August September Sales Tax In millions 1, 5, Q3 Q4 Q1 Q2 Q3 Q4 Q

5 Fiscal Year DOWNTOWN REDEVELOPMENT $3, Colonnade Signage Program $6, DIF Program by Fiscal Year 1,8 Facade Loan Program in thousands $2,5 $2, $1,95 $1,9 $1,95 $2,6 $5, $4, $15, 1,6 1,4 1,2 $18 $44 $1,5 $3, $71,68 1, $8 $1, $5 FY2-3 FY3-4 FY4-5 FY5-6 FY6-7 YTD $2, $1, $35, $183, $413,1 $258,361 DIF Private Investment $41,85 $17,228 FY2-3 FY3-4 FY4-5 FY5-6 FY6-7 YTD $6 $4 $2 $1,277 $2 $1,228 Façade Loan $48 Private Investment $65 $22 FY2-3 FY3-4 FY4-5 FY5-6 FY FY YTD Family Fourth of July Celebration Hispanic Heritage Month Festivals & Events Fall Starlight Concerts in the Park Garibaldi Night 1st Quarter Assisted Projects Chandler Enhanced Municipal Services District DCCP Hires Martha Place, Downtown Manager Historic Downtown Chandler Business Directory 1, Printed San Marcos Commons Phase I Development Agreement Villas at San Marcos 79 town homes Architectural Review Committee Architectural Plans Approved for: BankOne Building 8 South San Marcos Place Inspirador 63 East Boston Street

6 Fiscal Year TOURISM 9.% 8.% 7.% 6.% 5.% 4.% 3.% 2.% 1.%.% Hotel Occupancy $1 $9 $8 $7 $6 $5 $4 $3 $2 $1 RevPAR (average rate per room) FY 3-4 FY 4-5 FY 5-6 FY 6-7 FY 3-4 FY 4-5 FY 5-6 FY 6-7 $12 $1 $8 $6 $4 $2 Average Daily Hotel Rates FY 3-4 FY 4-5 FY 5-6 FY % 8.% 7.% 6.% 5.% 4.% 3.% 2.% 1.%.% Market Comparison Chandler Occupancy Metro-Phoenix Occupancy Chandler ADR Metro-Phoenix ADR Chandler RevPAR Metro-Phoenix RevPAR Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY 4-5 FY 5-6 FY 6-7 $16 $14 $12 $1 $8 $6 $4 $2

7 Fiscal Year st Quarter Staff Projects Trade Shows/Events/Sales Missions AZ Governor's Conference on Tourism Travel Industry Association ESTO Conference AZ/WestJet Agent Expos in Edmonton and Winnipeg August - Edmonton 13 Agents, Winnipeg 77 Agents AOT IMAX Grand Canyon Road Show in Western and Eastern Canada September - Vancouver, Calgary, Toronto and Montreal. Edmonton Sales Calls to 17 Travel Agencies Clients & Referrals Requests for Information TOURISM Special Projects 5th Visitors Guide produced; 5, copies Conference Center RFP issued Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 FY 3-4 FY 4-5 FY 5-6 FY visitchandler.com visitsunnyaz.com 6-7 Web Visits In thousands FY FY 3-4 FY 4-5 FY 5-6 FY $4 $35 $3 $25 $2 $15 $1 $5 Transient Tax In thousands FY3-4 FY4-5 FY 5-6 FY