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HomeMy WebLinkAbout2013/09/17 Item 12 PresentationHdLA CITY OF CHULA VISTA PERCAPITASALESTA%SURPLUS P COMPARWN- FISCALTHR301313 rWF:'I�FkSt “ T h i s s tu d y w as p a r t i a l l y s u p p o r te d b y t h e C h u l a V i s t a L o c a l G o ve r n m e n t P a r t n e r s h i p , w h i c h i s f u n d e d b y C a l i f o r n i a u t i l i t y r a te p ay e r s a n d a d m i n i s te r e d b y S a n D i e g o G as & E l e c t r i c , u n d e r t h e a u s p i ce s o f t h e C a l i f o r n i a P u b l i c U t i l i t i e s C o m m i s s i o n . ” Chula Vista Economic Development Authorized current analysis in November 2012 Previous efforts Comprehensive Economic Development Strategy - 2003 General Plan - Economic Development Element - 2005 rrvjecz rurpose The purpose of the Chula Vista Business Cluster Analysis was to assess the City's: Identify "best fit" business clusters, 2 Readiness for recruitment of new businesses to attract and expand quality jobs, and 3. Provide recommendations for positioning, marketing, and business recruitment. Project Team 401 n__I_ 0-- 101, 06 All PLIE[ ECONOMICS fil '00 AU5TFN CON5ULTI NG p6r!:I ' %40n. m rrvjecz i4pprvacn Three key tasks: Industry Clusters Analysis, conducted by Applied Economics, Chabin Concepts and RO 1; �o Competitive Location Assessment, conducted by Austin Consulting and Keyser Marston Associates; Go -to- Market Strategy, prepared by Chabin Concepts with support from Team. •••••• l Advanced Precision Mfg Industry Opportunities Additive Mfg - $3.1 billion industry — application from automotive /aerospace to medical device and consumer products — technology to create bones and soft tissue for surgical procedures. 51,-4021 Mcilhnig Machine fetters, C4watars, and Tenders, Metal 8 NA Cuttinig. Ruhchirrkg, and prem MaehireSelbet!k. 5i. 1 Operahrrs, and Terwiers, hle4l ard' P;;tic 6$L U',4Fj 514023 t.Lrudlhgand C]Lawing h14uNme setters, Opuatars, arm 6% G.?b 51 -9198 Helpers- -production War kers 5% 0.65 51 -1011 First- Lind$urmc rr cwr ofFrMurtinn and Op".31irq 4% a. 75 51 -4121 `Atelders, Cuuers, Sukilerem, and Brazers 4% Q.£3 51 -4XZI tnsprctom, T- rzterk 5arwi. 52rnplers, acrd Weighers 4% 1. 14 49-# 1] brlaiRkegarLcR anal Aepair Workers, General 3% G.41 53 -7061 t.abo ema —rrrk FreigfiL,, Stacy, and Wilerial Movers, Hand 3% 0.77 41 -4017 Sales Rcprt.-wntatiw5, WhKgewlk, arA NUnij 3rthrrsrq 11% 04D 49 -904,1 Fndustrial Mathwrsery Meclhanics 3% 0.40 53 -70%1 tndustrW Truck a rrd Tractor Opersenrs 3% C.5€ 43. 71 5hip0w Rpcervirlff, and Traffic r`4 2% 1.G3 51 -4091 MultiVe M KIkine dual Setters. CVeratom. and Tenders: 2% G.52 53-707] Crane andTcrwcr Qiwratws 2% 4.347 51 -7+747 Teary Assemlbler6 2% 0.84 .53 -4191 Heat, Trt�awgEgnr ,}ArvirrSettw % Opera "tcl&.arid 395 12.45 Advanced Precision Manufacturing Avg Wages Precision $42,300 Aerospace $125,800 corporate vocation Hssessment Market Access Strength Deal Estate Current Weakness (shovel - ready) I potential Strength Utilities Neutral Transportation Strength I Neutral (pote ntia I west/cross town co ngestion) Workforce Strength }Weakness (flack of documentation) Business Climate Neutral Sustainable Practices Strength Risk Management Strength Business Costs Neutral (impact fee concern) Incentives Neutral (loss of Enterprise Zones) Quality of Fife Strength Readiness Weakness Overall Ranking Neutral Go -To- Market Strategy The core of the project — tactical approaches to business retention, expansion, attraction and prospecting: Messaging Prospecting Outbound Inbound Earned Media racKaging Quality collateral and marketing materials and tools are needed: Marketing 4, AVWUM Map Collateral Brochures T, ' -r Working Map Business Cases Labor Force Website Flan Street MAY 1til; I ud•rE ri i1 al-od { Site Investigation Data Guide -Undo t Manor •• Message: Our Locadon, Your Success Proof Points r Chula Vista's proximity to Mexico and their growing industry clusters; a bi- national location and international gateway, Availability of affordable land and buildings in combination vvith lifestyle amenities, • Heavily traveled goods movement along Interstate 5 Corridor; entraI proximity to major educational and regional advanced training centers provides access to graduates from UCSD, SDSU, U D, Paint Loma Nazarene and Baja Schools, 0. Presence of a multinational residence base. Message; Quality Location, Unique Developmem OppotiunNes Proof Points: � - Key Messages Vision-oriented and sophisticated Leadership with the ability to navigate state and federal regUlatory agencies (Coastal Commission) to achieve change and results: • United Technologies Aerospace Systems, a leading aerospace company and foundation for advanced manufacturing cluster; • Largest planned University Park & Innovation District in the region', The Olympic Training Center (only one of three in the nation) provides anchor to the convergence of health, weIIn ess, tourism, recrea ho n and sports cluster; • Continued creation and enhancement of "24/7" environments for "live %varic J1 play'" `- Business Expansion &Attraction Tactics Direct Marketing Bi- National Collaborative Marketing TeamCalifornia Venue Marketing Relationship Marketing —Site Selectors and Broker Community 5. Linked In Group Marketing Lsenerits yr rcecruiting target dusters The project used a target cluster business has the basis for assessment. Alight industry manufacturer investing $8 -$12 million, 80 employees would create community prosperity of approximately: Demand for 100+ indirect jobs Annual economic impact $19.5 million Approximately $200,000 in local taxes annually "creating and implementing competitive advantage" Real estate readiness for target industries as well as protecting and preserving business park and industrial land use designations; Ensure a permitting process, fee structure and incentive policy that is competitive in the region; Become a key player in Cali-Baja Mega-Region Initiative and with CONNECT; Strengthen Chula Vista's unique bi- national position by building cross - border partnerships; Package Chula Vista's value proposition to specific target clusters; and Implement focused recruitment around industry clusters and opportunity sites. Work Plan Goals Initiatives & Tasks Work Plan Goals,, Initiatives and Tasks Return to Council within 90 Days Detailed Action Plan Costs of Implementation > 90Da y s 3 - 6Months 7 - 12 Months 1 y ear + ImplementationCosts 1 . 0 Ex is n g b u s i n e s s C E O s a l i gn e d w i t h t a r g e t i n d u s t r i es- p e r s on a l b u s i n es s v is i t on c e a y e a r H o l d an n u a l C E O R ou n d t a b l e 3,500 I n v i t e C E O s t o “ C h u l a V is t a ’ s P r o s p e c n g T e a m ” C o o r d i n a t e a d d i on a l r e t e n on / e x p an s i on c a l l s U s e a c u s t o m e r r e l a t i on m an a g e m e n t s y s t e m ( C R M ) ( i f n o t a v a i l a b l e n o w ) 3,500 2 . 0 Ma r k e t in g Ov e r v i e w Co l l a t e r a l 8,500 - M a p B r o c h u r e (s e r i es o f m a p s ) 12,500 - W o r k i n g M a p - P o w e r P o i n t p r es e n t a t i on (u p d a t e ) - W e b s i t e 3,000 - L a b o r F o r c e 5,000 - D a t a I n f o r m a t i on S e t s (1 2 ) f o r p r o p o s a l s an d w e b s i t e 5,000 3 . 0 B i - N a on a l L o c a on , I n t e r n a on a lG a t e w a y , A d v an c e d M f g Hu b 4 . 0 S i t e S e l e c t o r D a t a b a s e - A t te n d t w o T e a m C a l i f o r n i a M a r k e t i n g Ev e n ts w h e re C o r p o r a te Ex e c u t i v e a n d S i te Se l e c t o r s a re b e i n g h os t e d Re l a o n s hip M a r k e n g– Si t e S e l e c t o r s &B r o k e r s - E m a i l u p d a te s , 3 x pe r ye a r C - A n n o u n ce m e n t E m a i l s - L o c a lB r o ke r s – R o u n d t a b l e L u n c h e s ( s ) - S u b m i t a r t i c l e s /s pe a ke r s o n ke y p r o j e c t d e v e l o p m e n ts 6 . 0 Ea r n e d M e d i a P re s s r e l e as e s , s t o r i e s , a n d a n n o u n ce m e n ts d i s t r i b u te d t o m e d i a o u t l e ts C = c o m p l e t e Ov e rv i e w o fR e c o m m e n d a t i o n s > 90Da y s 3 - 6Months 7 - 12 Months 1 y ear + Completed