1 00:00:00,000 --> 00:00:05,000 Good afternoon. My name is Marty Rivers, chair of the Economic Development Partnership Board. 2 00:00:05,000 --> 00:00:09,000 And I'd like to welcome everybody to the meeting. 3 00:00:09,000 --> 00:00:16,000 Today is January 15th and we'll go ahead and get this meeting started at 12.08. 4 00:00:16,000 --> 00:00:18,000 We have one agenda item today. 5 00:00:18,000 --> 00:00:24,000 EDP 20-001, receive a report, hold a discussion, 6 00:00:24,000 --> 00:00:29,000 and give staff direction regarding the Comprehensive Economic Development Strategic Plan 7 00:00:29,000 --> 00:00:32,000 being completed by TIPS Strategies. 8 00:00:32,000 --> 00:00:37,000 And with that I'll want to turn it over to, actually I want to turn it over to Erica first. 9 00:00:37,000 --> 00:00:40,000 Would you mind introducing Charlie? 10 00:00:40,000 --> 00:00:45,000 I would love to. Good afternoon. I'd like to introduce Charlie Drombo. 11 00:00:45,000 --> 00:00:48,000 He is our interim economic development director. 12 00:00:48,000 --> 00:00:51,000 I'll let him tell you a little bit about himself. 13 00:00:51,000 --> 00:00:58,000 I would preface that by saying he's been doing economic development in Texas longer than probably anyone else in Texas. 14 00:00:58,000 --> 00:01:02,000 I started when I was three. 15 00:01:02,000 --> 00:01:04,000 It's good to be with you. 16 00:01:04,000 --> 00:01:09,000 I've had a 44-year career in the Chamber of Commerce and Economic Development. 17 00:01:09,000 --> 00:01:13,000 I started in Jasper and came through a number of places. 18 00:01:13,000 --> 00:01:20,000 I've owned Sherman nine years, Abilene 14, Round Rock 9, or 8. 19 00:01:20,000 --> 00:01:25,000 So I've spent a fair amount of time all around the state 20 00:01:25,000 --> 00:01:30,000 and just finished the interim job as the interim director 21 00:01:30,000 --> 00:01:34,000 of the development corporation at Abilene for seven months while they did their search. 22 00:01:34,000 --> 00:01:39,000 So it's good to be with you and I look forward to working with you 23 00:01:39,000 --> 00:01:44,000 and anything I can do to be a resource for you during my time here. 24 00:01:44,000 --> 00:01:48,000 I look forward to it. Thank you very much for having me. Welcome. 25 00:01:48,000 --> 00:01:51,000 Thank you, Charlie. I'm glad you're here. 26 00:01:51,000 --> 00:01:54,000 Alright, let's kick off our planning session. 27 00:01:54,000 --> 00:01:58,000 Alright, well then I'm going to turn it over to Tom Stelman and Jacqueline Lee 28 00:01:58,000 --> 00:02:01,000 who will lead us in our discussion. 29 00:02:01,000 --> 00:02:13,000 Thank you guys. It's amazing to be back in Denton. 30 00:02:13,000 --> 00:02:17,000 For those of you who may not know, we actually did some work in Denton. 31 00:02:17,000 --> 00:02:26,000 We did the action plan from 2003, I believe. Worked with the partnership at that time 32 00:02:26,000 --> 00:02:31,000 helping make some decisions about where the emphasis in this community 33 00:02:31,000 --> 00:02:35,000 ought to be from an economic development standpoint. 34 00:02:35,000 --> 00:02:39,000 And this is my first trip back as a consultant. 35 00:02:39,000 --> 00:02:44,000 I have been back to Denton before, but I was able to come in yesterday a little bit early. 36 00:02:44,000 --> 00:02:47,000 The first thing we did was drive into the downtown 37 00:02:47,000 --> 00:02:51,000 and to see the amazing transformation that's occurred there. 38 00:02:51,000 --> 00:02:55,000 It was sleepy at the time when we were there. 39 00:02:55,000 --> 00:02:57,000 When we were here, we actually also participated, 40 00:02:57,000 --> 00:03:00,000 because one of the big recommendations was the downtown strategy. 41 00:03:00,000 --> 00:03:04,000 And we participated with Reagan City, California to fund that team 42 00:03:04,000 --> 00:03:07,000 to lay out one of the first downtown strategies for the community. 43 00:03:07,000 --> 00:03:10,000 So, super excited to be back. 44 00:03:10,000 --> 00:03:12,000 So thank you very much for the invitation. 45 00:03:12,000 --> 00:03:17,000 And Charlie and I ran into each other this morning at breakfast at the Embassy Suites. 46 00:03:17,000 --> 00:03:20,000 And I'm excited to see that Charlie's working on this, 47 00:03:20,000 --> 00:03:24,000 because we have actually worked on a number of projects in the past. 48 00:03:24,000 --> 00:03:27,000 So, awesome. 49 00:03:27,000 --> 00:03:33,000 And I'm going to introduce Jacqueline Lee, our lead consultant on this project. 50 00:03:33,000 --> 00:03:36,000 And I'll say a little bit more about her here in a moment. 51 00:03:36,000 --> 00:03:39,000 But before we go too far down this path, 52 00:03:39,000 --> 00:03:42,000 I would like you guys to introduce yourselves. 53 00:03:42,000 --> 00:03:44,000 Quickly, we'll go around the room again. 54 00:03:44,000 --> 00:03:46,000 Charlie, you had a chance. 55 00:03:46,000 --> 00:03:50,000 And just, if you don't mind, so we know what hat you wear. 56 00:03:50,000 --> 00:03:53,000 I know you guys all wear multiple hats. 57 00:03:53,000 --> 00:03:55,000 So if you don't mind, tell me your main hat. 58 00:03:55,000 --> 00:03:59,000 And if there's another hat you want to say, "Hey, I'm also on the school floor," 59 00:03:59,000 --> 00:04:02,000 or "I'm also here," it would be good for us to know. 60 00:04:02,000 --> 00:04:07,000 Nice to meet you, Tom. I'm Erica Pankburn, president of the Denton Chamber of Commerce. 61 00:04:07,000 --> 00:04:10,000 We started here April 1st of last year. 62 00:04:10,000 --> 00:04:16,000 I'm Steve Edgar. I'm the CEO of Medical City Denton Hospital. 63 00:04:16,000 --> 00:04:21,000 I'm Keely Briggs, city council here in Denton. 64 00:04:21,000 --> 00:04:23,000 I'm John Baines, CPA and consultant. 65 00:04:23,000 --> 00:04:29,000 I've been in business since '86, and I represent the Denton Black Chamber of Commerce, 66 00:04:29,000 --> 00:04:32,000 for which I've been in Memphis since 1995. 67 00:04:32,000 --> 00:04:37,000 Right, so you know our new president pretty well, then. 68 00:04:37,000 --> 00:04:41,000 I'm Marty Rivers. I'm the market president for American National Bank. 69 00:04:41,000 --> 00:04:50,000 And I was involved as a committee member in the initial discussion that you guys did in 2002-2003. 70 00:04:50,000 --> 00:04:55,000 We formed this partnership, and I'm on my second stint on the board. 71 00:04:55,000 --> 00:05:00,000 So this is my 12th year to be on the economic development board. 72 00:05:00,000 --> 00:05:04,000 I think I've chaired it for eight of those years. 73 00:05:04,000 --> 00:05:08,000 And I'm in the last nine months. 74 00:05:08,000 --> 00:05:10,000 Until we make some changes. 75 00:05:10,000 --> 00:05:14,000 All that means is I'm old. 76 00:05:14,000 --> 00:05:18,000 You also started when you were three. 77 00:05:18,000 --> 00:05:25,000 You guys know me. Tom knows me. He has spent a lot of money. 78 00:05:25,000 --> 00:05:32,000 My name is Jill Jester, and I'm a shareholder at Miner and Jester, which is a law firm here in town, our oldest law firm. 79 00:05:32,000 --> 00:05:36,000 And I'm currently serving as the chair of the board of directors at the Chamber of Commerce. 80 00:05:36,000 --> 00:05:38,000 I'm a chamber representative here. 81 00:05:38,000 --> 00:05:44,000 And just as a side note, I'm also chair of the board of regents at Texas Women's University currently. 82 00:05:44,000 --> 00:05:46,000 So I kind of have a couple of perspectives. 83 00:05:46,000 --> 00:05:48,000 This is a side note. 84 00:05:48,000 --> 00:05:51,000 Sidebar, yeah. 85 00:05:51,000 --> 00:05:56,000 Hi, my name is Tony Clark. I'm regional CEO for Independent Bank, headquartered on McKinney out here. 86 00:05:56,000 --> 00:06:01,000 And I was also on the board, chamber board, back in 2003 when you guys were doing all that. 87 00:06:01,000 --> 00:06:03,000 So remember that as well. 88 00:06:03,000 --> 00:06:09,000 Yeah, I know you guys didn't recognize me because I had hair back then. 89 00:06:09,000 --> 00:06:13,000 Chris Davis. I work at Peterbilt Motors here in Denton. 90 00:06:13,000 --> 00:06:20,000 And a side note, I sit on the MBA advisory board at Texas Christian University as well. 91 00:06:20,000 --> 00:06:25,000 I'm Pamela Padilla. I'm the associate vice president of research at University of North Texas. 92 00:06:25,000 --> 00:06:28,000 And I've been a professor there for 17 years. 93 00:06:28,000 --> 00:06:35,000 I'm Bob Ames. I've been a lawyer here since how long? 94 00:06:35,000 --> 00:06:38,000 A long time. 95 00:06:38,000 --> 00:06:45,000 I practice law against Jill's daddy, so that gives you some idea how long I've been here. 96 00:06:45,000 --> 00:06:49,000 And still kicking. 97 00:06:49,000 --> 00:06:53,000 That's our aviation representation on the board. 98 00:06:53,000 --> 00:07:00,000 Right, I was the chair of the airport board for several years in addition to practicing law. 99 00:07:00,000 --> 00:07:06,000 The airport board is more fun. 100 00:07:06,000 --> 00:07:09,000 Hello, I'm Michael Stan. I'm the vice president of Discover Denton. 101 00:07:09,000 --> 00:07:14,000 That's our local destination marketing organization for the Denton Commission of Business and the Bureau. 102 00:07:14,000 --> 00:07:17,000 And we're a division of the Chamber of Commerce. 103 00:07:17,000 --> 00:07:19,000 Jimmy. 104 00:07:19,000 --> 00:07:23,000 Hi, I'm Jimmy McGee. I'm with the ownership group Elastega Me Market here in Denton. 105 00:07:23,000 --> 00:07:29,000 And it's a family business, so I guess I've been, you know, for the last 15 years, 20 years now, 106 00:07:29,000 --> 00:07:33,000 working with the family and watching it grow and expand. 107 00:07:33,000 --> 00:07:35,000 And we're happy to be here in Denton. 108 00:07:35,000 --> 00:07:37,000 You said fleet market? 109 00:07:37,000 --> 00:07:40,000 Elastega Me Market. It has two locations here in Denton. 110 00:07:40,000 --> 00:07:48,000 We started with a little location, about 35, and then continuing to grow and expand and serve in the community. 111 00:07:48,000 --> 00:07:52,000 Awesome. Awesome. I'll come see you later. 112 00:07:52,000 --> 00:08:00,000 So in terms of our agenda, I'm going to talk a little bit about the project that we've been tasked with helping you with. 113 00:08:00,000 --> 00:08:07,000 And then I want to talk about just a couple of national trends that we follow that impact economic development. 114 00:08:07,000 --> 00:08:12,000 We've done a little research, really just getting started with the input process. 115 00:08:12,000 --> 00:08:16,000 And so we've tried to prepare ourselves for that, and I'll share a little bit with you. 116 00:08:16,000 --> 00:08:22,000 And we have some data, but this isn't about a data presentation after that lasagna I just ate. 117 00:08:22,000 --> 00:08:26,000 You know, we don't really want to spend a lot of time with data right now. 118 00:08:26,000 --> 00:08:30,000 And mostly we want to get some feedback from you guys. 119 00:08:30,000 --> 00:08:35,000 So did you guys receive the invitation letter that had some of the questions? 120 00:08:35,000 --> 00:08:38,000 So hopefully you've come prepared to talk about some of those questions. 121 00:08:38,000 --> 00:08:42,000 But I'll bring them back up here in a minute, so you'll have a chance to see that. 122 00:08:42,000 --> 00:08:46,000 And then we'll talk about what's next up for us. 123 00:08:46,000 --> 00:08:56,000 But I will step back, just for those of you who didn't work with us in the past, TIP stands for theory into practice. 124 00:08:56,000 --> 00:09:00,000 We really see ourselves, the majority of our firm are practitioners. 125 00:09:00,000 --> 00:09:05,000 We've worked in the shoes of economic developers, and been on boards, and run organizations. 126 00:09:05,000 --> 00:09:08,000 And so we feel like this isn't just another study. 127 00:09:08,000 --> 00:09:15,000 And I remember, Marty, when we did the first workshop, this group couldn't say the word strategic plan, 128 00:09:15,000 --> 00:09:21,000 because they had an experience where strategic plans had been done in the past and sat on shelves. 129 00:09:21,000 --> 00:09:24,000 And they really wanted an action plan, and so that's what we called it. 130 00:09:24,000 --> 00:09:30,000 And we identified the major opportunities here, and we built out action plans for that. 131 00:09:30,000 --> 00:09:33,000 That's the way we developed that project. 132 00:09:33,000 --> 00:09:36,000 So that was very much on the implementation side. 133 00:09:36,000 --> 00:09:42,000 We have expanded our business since we were working here in 2003. 134 00:09:42,000 --> 00:09:44,000 I now have a partner that's based out of Seattle. 135 00:09:44,000 --> 00:09:47,000 Our research director is based out of Boston. 136 00:09:47,000 --> 00:09:49,000 Jacqueline is here in Dallas. 137 00:09:49,000 --> 00:09:53,000 I have one of our consultants based out of Portland, Oregon. 138 00:09:53,000 --> 00:10:01,000 So we really had to embrace the idea that not everybody has to be in my office in Austin. 139 00:10:01,000 --> 00:10:04,000 And a number of organizations right now, that's what they're working with. 140 00:10:04,000 --> 00:10:07,000 What does it mean to have a remote workforce? 141 00:10:07,000 --> 00:10:11,000 What does it mean to have representation, people that aren't necessarily coming into your office, 142 00:10:11,000 --> 00:10:18,000 and how do you maintain that culture and that quality of product that you deliver? 143 00:10:18,000 --> 00:10:25,000 We have done quite a bit of work in the DFW area since we worked in Denton last. 144 00:10:25,000 --> 00:10:28,000 I was listing it off a year and a half ago. 145 00:10:28,000 --> 00:10:32,000 We did the city of Fort Worth economic development strategy for the city. 146 00:10:32,000 --> 00:10:35,000 We've done Irving, Arlington. 147 00:10:35,000 --> 00:10:42,000 We just finished a project to help profile the opportunity zones for the city of Dallas. 148 00:10:42,000 --> 00:10:44,000 And I'd be happy to share that with you guys. 149 00:10:44,000 --> 00:10:48,000 Actually, Tracy just led that project. 150 00:10:48,000 --> 00:10:53,000 And we are now under contract with the city of Dallas to get additional input. 151 00:10:53,000 --> 00:10:55,000 They had another group do a strategic plan, 152 00:10:55,000 --> 00:10:59,000 and it felt like they didn't really embrace a lot of the community there. 153 00:10:59,000 --> 00:11:01,000 And so we're going back into the city of Dallas. 154 00:11:01,000 --> 00:11:06,000 And over the next 60 days, Jacqueline is responsible for setting up meetings 155 00:11:06,000 --> 00:11:13,000 with all the city council members there to get their input on the city of Dallas's economic development strategic plan. 156 00:11:13,000 --> 00:11:18,000 So we are heavily embedded in the region. 157 00:11:18,000 --> 00:11:25,000 But I'm going to be the first to say I don't pretend to know the latest and greatest of what every community has done. 158 00:11:25,000 --> 00:11:28,000 You guys are probably going to know what they're up to more than I am right now. 159 00:11:28,000 --> 00:11:31,000 And so we're going to rely on you guys to help educate us. 160 00:11:31,000 --> 00:11:34,000 Even though we're here, we know every community is different. 161 00:11:34,000 --> 00:11:43,000 So this is our current team, and John had asked me earlier if Tracy was here. 162 00:11:43,000 --> 00:11:46,000 Tracy is our new president for the company. 163 00:11:46,000 --> 00:11:52,000 I am the CEO and founder of the firm, but we felt it was important to bring a national level person in. 164 00:11:52,000 --> 00:11:58,000 Tracy has led the black chamber for the city of Austin in a previous life. 165 00:11:58,000 --> 00:12:05,000 She was the director of tourism for the State Department of Commerce at that time for several years. 166 00:12:05,000 --> 00:12:08,000 She then ran our state's economic development division. 167 00:12:08,000 --> 00:12:13,000 Then went down to Houston and was the CEO for the Great Houston Partnership. 168 00:12:13,000 --> 00:12:19,000 And then kind of lost herself and went up to the state of New Jersey at Chris Christie's behest 169 00:12:19,000 --> 00:12:24,000 and ran the state of New Jersey's Choose New Jersey. 170 00:12:24,000 --> 00:12:28,000 This was before scandal, which I read in the paper this morning. 171 00:12:28,000 --> 00:12:32,000 He's still dealing with Bridgegate. 172 00:12:32,000 --> 00:12:36,000 And then she came back and ran Texas, and then she joined our firm this last year. 173 00:12:36,000 --> 00:12:40,000 So we're really excited to have her on board. 174 00:12:40,000 --> 00:12:46,000 No need to go through a commercial for TIP, but just some of the places that we're working right now, 175 00:12:46,000 --> 00:12:53,000 we are leading a plan for Harris County, finishing up with the city of Waxahachie. 176 00:12:53,000 --> 00:12:58,000 I just finished a project for the city of Midland and have now been asked to do more for Odessa. 177 00:12:58,000 --> 00:13:03,000 And as I mentioned, Dallas, Fort Worth, a number of other places across the country. 178 00:13:03,000 --> 00:13:09,000 So our process is a three-phase process. 179 00:13:09,000 --> 00:13:13,000 We get on the ground, try to understand what's going on. 180 00:13:13,000 --> 00:13:15,000 We get input from you guys. 181 00:13:15,000 --> 00:13:17,000 We go back, we digest that. 182 00:13:17,000 --> 00:13:20,000 We come back to you and say, hey, this is what we heard from you. 183 00:13:20,000 --> 00:13:23,000 This is what we're seeing other groups do. 184 00:13:23,000 --> 00:13:27,000 And get that to you guys, and we go through a process of getting your input, saying, okay, 185 00:13:27,000 --> 00:13:30,000 where Denton is right now and where you see Denton going, 186 00:13:30,000 --> 00:13:35,000 what are the things that we need to pay attention to from an economic development perspective? 187 00:13:35,000 --> 00:13:37,000 So I'm not telling you guys anything new here. 188 00:13:37,000 --> 00:13:43,000 I just want you guys to know that we have a process that we're going to take you through over the next four months. 189 00:13:43,000 --> 00:13:47,000 Our framework, I think, is important. 190 00:13:47,000 --> 00:13:52,000 You need to know as we're thinking about economic development, and we're seeing this across the country, 191 00:13:52,000 --> 00:13:57,000 there have been some very high-profile projects out there that everybody's talked about for the last two years, 192 00:13:57,000 --> 00:14:06,000 Amazon HQ2 being one of them, and very incentive-driven, but behind the scenes, 193 00:14:06,000 --> 00:14:10,000 a big part of their decision had nothing to do with incentives. 194 00:14:10,000 --> 00:14:14,000 It had everything to do with can we find access to the market that we want to penetrate, 195 00:14:14,000 --> 00:14:19,000 and can we track the talent that we need, because we are a technology business. 196 00:14:19,000 --> 00:14:26,000 If you look at Amazon's business and you try to understand where they're profitable, 197 00:14:26,000 --> 00:14:31,000 it's in the data services component. 198 00:14:31,000 --> 00:14:37,000 They still barely make money off of selling you the stuff that you buy off of Amazon. 199 00:14:37,000 --> 00:14:42,000 The margins on that have been so thin for so long, and they remain competitive. 200 00:14:42,000 --> 00:14:48,000 The biggest growth part of their company is international, and it's on the data side. 201 00:14:48,000 --> 00:14:51,000 Their business is a technology business, and that's what's driven it. 202 00:14:51,000 --> 00:15:00,000 But what that means is it's less about they love the incentives from wherever they go, 203 00:15:00,000 --> 00:15:04,000 but a big part of it is are we going to be able to keep that talent pipeline? 204 00:15:04,000 --> 00:15:08,000 That's really what's driving economic development right now. 205 00:15:08,000 --> 00:15:12,000 With greater use and partnership, those guys did not make the top 20, 206 00:15:12,000 --> 00:15:17,000 and they went back to Amazon and they said, "Hey, what's up?" 207 00:15:17,000 --> 00:15:20,000 They said, "You stats don't have the tech talent to support us. 208 00:15:20,000 --> 00:15:24,000 You've got medical, you've got Rice University, you've got a lot going on here, 209 00:15:24,000 --> 00:15:28,000 but when we look at the skill sets that we need, and the degrees that we need, 210 00:15:28,000 --> 00:15:32,000 and the pipeline that we need, you don't have it. It's just not there." 211 00:15:32,000 --> 00:15:39,000 Dallas has it, but it's not DC, it's not New York, it's not Boston. 212 00:15:39,000 --> 00:15:44,000 How does Denton think of itself in the context of this new data-driven, 213 00:15:44,000 --> 00:15:49,000 IT-driven, talent-driven model? 214 00:15:49,000 --> 00:15:54,000 I want to get off my soapbox for a moment because really our model, 215 00:15:54,000 --> 00:15:58,000 we're looking at talent as being the way you think about economic development. 216 00:15:58,000 --> 00:16:02,000 What does it mean for you? What does it mean for the companies that are here? 217 00:16:02,000 --> 00:16:05,000 If you're running a hospital, what are your biggest challenges? 218 00:16:05,000 --> 00:16:09,000 Probably in doctors, nurses, skill sets. 219 00:16:09,000 --> 00:16:13,000 Your relationship with the city is very important, the infrastructure is very important. 220 00:16:13,000 --> 00:16:17,000 Depending on whether you're a non-profit or a for-profit, your tax rates are very important, 221 00:16:17,000 --> 00:16:21,000 but a big part of your success is being able to deliver that service 222 00:16:21,000 --> 00:16:25,000 and compete with Dallas and the medical center there, and compete with Fort Worth, 223 00:16:25,000 --> 00:16:30,000 and keeping people here, and on the north side of the DFW area, 224 00:16:30,000 --> 00:16:34,000 wanting to get their services here and not go somewhere else. 225 00:16:34,000 --> 00:16:38,000 And so the talent is driving, and so I want you guys, as you think about going forward here, 226 00:16:38,000 --> 00:16:43,000 and your vision for Denton, what does it mean for us to be able to keep and attract 227 00:16:43,000 --> 00:16:47,000 and grow a talent base here? 228 00:16:47,000 --> 00:16:51,000 And we've got assets that are amazing, UNT, Community College, 229 00:16:51,000 --> 00:16:55,000 Texas Women's University, and you've got assets here that are enviable 230 00:16:55,000 --> 00:16:59,000 throughout the Dallas-Fort Worth area. So you've got a lot of assets going on. 231 00:16:59,000 --> 00:17:03,000 Like I said when we came in yesterday, went to the downtown, 232 00:17:03,000 --> 00:17:09,000 I was like, okay, you guys have something that you've turned into a huge asset 233 00:17:09,000 --> 00:17:15,000 that's authentic, that every developer out there wants to replicate. 234 00:17:15,000 --> 00:17:19,000 I mean, if you look at the, I did work for Southlake, you look at their town center, 235 00:17:19,000 --> 00:17:23,000 what were they trying to replicate? They're trying to replicate what you guys have 236 00:17:23,000 --> 00:17:29,000 in your downtown, you know, that center, you feel like you're in town. 237 00:17:29,000 --> 00:17:32,000 So I'm getting ahead of myself, talent, innovation, place, 238 00:17:32,000 --> 00:17:35,000 really the way we think about economic development. 239 00:17:35,000 --> 00:17:42,000 Let's go to this project. Six different components that we've been asked to look at. 240 00:17:42,000 --> 00:17:48,000 Number one, just a SWOT analysis, giving you guys an idea of what are your strengths and weaknesses. 241 00:17:48,000 --> 00:17:53,000 Number two, develop a vision and the goals for economic development. 242 00:17:53,000 --> 00:18:02,000 Identifying the targets and the subsectors and doing targeting right now has changed completely. 243 00:18:02,000 --> 00:18:07,000 The old model for economic development was you looked at what cluster do we have. 244 00:18:07,000 --> 00:18:13,000 We have Peterbilt, we have suppliers, you know, that could potentially come in for Peterbilt. 245 00:18:13,000 --> 00:18:19,000 Do we stop doing that? No. Every economic developer is still trying to support key employers. 246 00:18:19,000 --> 00:18:24,000 But as you start thinking about the new types of businesses that are growing in the DFW area, 247 00:18:24,000 --> 00:18:30,000 a lot of them just don't fit neatly into an old economic development model. 248 00:18:30,000 --> 00:18:32,000 You've got to think more creatively. 249 00:18:32,000 --> 00:18:37,000 Reviewing incentives and economic development tools, and you had mentioned, Jessica, 250 00:18:37,000 --> 00:18:45,000 that you guys have gone ahead and made the decision about enacting what's the word I'm looking for? 251 00:18:45,000 --> 00:18:53,000 Our policy expires in two months. We have to re-adopt it before Tom has the ability to make any recommendations. 252 00:18:53,000 --> 00:19:01,000 So we're required by statute to adopt it every two years. We'll be doing that discussion next meeting. 253 00:19:01,000 --> 00:19:08,000 We'll also be looking at your incentives policy and does that match with the direction that you're going? 254 00:19:08,000 --> 00:19:15,000 Are you incentivizing the right types of projects and measuring the right types of outputs? 255 00:19:15,000 --> 00:19:19,000 And then we'll also look at, you know, are there opportunities for development or redevelopment? 256 00:19:19,000 --> 00:19:25,000 And you guys still have a lot of product. We spent an hour and a half touring the community, went around the loop. 257 00:19:25,000 --> 00:19:34,000 You have a lot of real estate that's still available versus some of the closer in, some of the building out, 258 00:19:34,000 --> 00:19:39,000 which I think you're next in line. You're not next in line. 259 00:19:39,000 --> 00:19:43,000 You're already part of that process in terms of the development that's occurring here. 260 00:19:43,000 --> 00:19:50,000 But you still have something to offer, which for larger projects you could be highly competitive for. 261 00:19:50,000 --> 00:19:55,000 And then, so these first five, you know, your input is going to be critical. 262 00:19:55,000 --> 00:19:58,000 We'll put all that in. We'll look at what other communities are doing. 263 00:19:58,000 --> 00:20:05,000 We'll make recommendations about the staffing for the city and how this should be structured as part of that. 264 00:20:05,000 --> 00:20:11,000 So these are the major project goals. What are we going to ask you to do? 265 00:20:11,000 --> 00:20:17,000 We're going to ask you to come to these meetings. We're going to ask you to provide input during this process, 266 00:20:17,000 --> 00:20:24,000 giving us guidance, facilitate information sharing, especially the Chamber, the city. 267 00:20:24,000 --> 00:20:27,000 You know, we need a lot of information right now. 268 00:20:27,000 --> 00:20:34,000 And then I think you will help us engage other stakeholders and help build buy-in as we go along. 269 00:20:34,000 --> 00:20:38,000 You'll be a voice because people will ask, "What are you guys up to?" 270 00:20:38,000 --> 00:20:45,000 And you are the champions for what comes out of this. You'll be the ones who help communicate that. 271 00:20:45,000 --> 00:20:50,000 I think I've already really talked about our process. 272 00:20:50,000 --> 00:20:57,000 I don't think I need to go into too much detail there other than to say we are at sort of project launch. 273 00:20:57,000 --> 00:21:07,000 And what we are doing today and tomorrow, we met this morning and did a windshield tour, 274 00:21:07,000 --> 00:21:17,000 went out to the industrial park, went up 380 over to 288, did the loop back around, went to the downtown. 275 00:21:17,000 --> 00:21:22,000 So that's as far as we've gotten. 276 00:21:22,000 --> 00:21:30,000 We have a roundtable after this with the invitees from the Chamber of Commerce. 277 00:21:30,000 --> 00:21:34,000 We've got a tech roundtable, an industry roundtable. 278 00:21:34,000 --> 00:21:37,000 Are you coming back? 279 00:21:37,000 --> 00:21:39,000 All right, we're going to get some of you guys busy. 280 00:21:39,000 --> 00:21:42,000 I know some of you guys are probably sticking around for the next chamber. 281 00:21:42,000 --> 00:21:45,000 So we appreciate you taking the time up front. 282 00:21:45,000 --> 00:21:50,000 And then tomorrow morning, education and workforce will bring the universities and school district in. 283 00:21:50,000 --> 00:21:56,000 Development and infrastructure roundtable, and that will be primarily city department heads 284 00:21:56,000 --> 00:22:08,000 and then economic development staff, and then the city executive leadership is city manager. 285 00:22:08,000 --> 00:22:11,000 So you guys know what we're up to. 286 00:22:11,000 --> 00:22:16,000 And if you need a copy of who is going to those meetings, we're happy to share that with you. 287 00:22:16,000 --> 00:22:18,000 But what are we, 50 or 60? 288 00:22:18,000 --> 00:22:29,000 We'll be participating over the next 24 hours in the meetings that we'll have, so we'll be drinking from the fire. 289 00:22:29,000 --> 00:22:34,000 And then the project timeline, our goal is to have the final plan in May. 290 00:22:34,000 --> 00:22:45,000 We've been asked to have some of our recommendations done a little bit earlier, and so we'll be working on that. 291 00:22:45,000 --> 00:22:49,000 Let's see. 292 00:22:49,000 --> 00:22:54,000 I think I have, is it the end of the presentation, Jacqueline, where I have the calendar of the next meetings? 293 00:22:54,000 --> 00:22:55,000 Okay, okay. 294 00:22:55,000 --> 00:23:02,000 So before you leave today, you'll get to see when the next meetings are going to be held. 295 00:23:02,000 --> 00:23:07,000 And then we'll also send out a calendar so that you guys can go ahead and mark your calendars for the next meetings, 296 00:23:07,000 --> 00:23:12,000 because I know your schedules are busy. 297 00:23:12,000 --> 00:23:16,000 Any questions so far? 298 00:23:16,000 --> 00:23:19,000 We're going to have questions here in a minute, but I just want to make sure we're all trying. 299 00:23:19,000 --> 00:23:20,000 What is your preference, Tom? 300 00:23:20,000 --> 00:23:25,000 Do you want to finish your presentation and then ask questions, or do you want to take them as we go along? 301 00:23:25,000 --> 00:23:30,000 Well, if there are questions about the process, I'm okay taking one now. 302 00:23:30,000 --> 00:23:36,000 If you want to give input on sort of the community itself or the challenges, I'm going to ask those questions in a few minutes. 303 00:23:36,000 --> 00:23:42,000 Can I ask who's involved in those groups who just showed up, like the land development? 304 00:23:42,000 --> 00:23:44,000 Yeah. 305 00:23:44,000 --> 00:23:47,000 Was that staff or was that people in the community? 306 00:23:47,000 --> 00:23:49,000 Development and infrastructure? 307 00:23:49,000 --> 00:23:51,000 That's staff. 308 00:23:51,000 --> 00:23:58,000 Yeah, typically what we'll do, Marty, is we'll meet with staff first, kind of talk about their programs. 309 00:23:58,000 --> 00:24:04,000 And then when we come back, we like to bring in the development community or builders or others 310 00:24:04,000 --> 00:24:11,000 to kind of help understand what is their relationship and how they perceive those services and the delivery of those services, 311 00:24:11,000 --> 00:24:16,000 if that's where you're headed with that question. 312 00:24:16,000 --> 00:24:17,000 Question, Tom? 313 00:24:17,000 --> 00:24:18,000 Yes, ma'am. 314 00:24:18,000 --> 00:24:23,000 Yeah, and so I guess my question would be, so does that include all the stakeholders? 315 00:24:23,000 --> 00:24:28,000 And is the community in itself part of that stakeholder group? 316 00:24:28,000 --> 00:24:36,000 Or are we just kind of focusing on city staff at this point, and then the developers, 317 00:24:36,000 --> 00:24:43,000 and then just trying to see who all you're looking to speak with, who are the stakeholders? 318 00:24:43,000 --> 00:24:51,000 Yeah, so we will, in this meeting, we ask that certain groups be brought together. 319 00:24:51,000 --> 00:24:55,000 Normally we would do that in our next meeting, but we're trying to get ahead of it. 320 00:24:55,000 --> 00:24:58,000 And so the next time we come out, we'll be meeting with council members, 321 00:24:58,000 --> 00:25:02,000 and then we're also going to hold additional ground tables. 322 00:25:02,000 --> 00:25:07,000 And we're contemplating a broader survey right now. 323 00:25:07,000 --> 00:25:15,000 We wanted to see kind of what feedback we got right here about whether there needed to be a broader questionnaire that goes out. 324 00:25:15,000 --> 00:25:21,000 But the idea is to get as many people as we can to really understand what the community's interested in. 325 00:25:21,000 --> 00:25:26,000 But we're going to rely on the council to really also tell us about your districts. 326 00:25:26,000 --> 00:25:30,000 Sorry, you guys, single member districts. 327 00:25:30,000 --> 00:25:31,000 Both. 328 00:25:31,000 --> 00:25:32,000 Both. 329 00:25:32,000 --> 00:25:44,000 It's to understand your constituents and make sure that we get to hear what those issues are in the particular areas of the community. 330 00:25:44,000 --> 00:25:47,000 So national trends, do I just escape here? 331 00:25:47,000 --> 00:25:59,000 Take this. 332 00:25:59,000 --> 00:26:08,000 So, don't push play yet, but does this, can you shrink it just a little bit? 333 00:26:08,000 --> 00:26:09,000 Yeah, right there. 334 00:26:09,000 --> 00:26:10,000 That's probably good. 335 00:26:10,000 --> 00:26:12,000 That way all of that gets on there. 336 00:26:12,000 --> 00:26:16,000 Okay, I'll take it from there. 337 00:26:16,000 --> 00:26:18,000 Well, I'm only going to talk about three trends. 338 00:26:18,000 --> 00:26:20,000 One is just the overall common. 339 00:26:20,000 --> 00:26:24,000 One is technology, and then the other is demographics. 340 00:26:24,000 --> 00:26:27,000 And so I have three or four slides here. 341 00:26:27,000 --> 00:26:38,000 But I think it's important as we go into this to remind ourselves that we're not just Denton, we're not just Denton County, but we're operating in a national context and a global context. 342 00:26:38,000 --> 00:26:50,000 And what I'm going to do here is I've got a little graphic that we created that shows job loss and job gain by metro area across the country. 343 00:26:50,000 --> 00:26:56,000 If it is a blue bubble, it is a metro area that has gained jobs over the last 12 months. 344 00:26:56,000 --> 00:27:00,000 If it's a red bubble, it has lost jobs over the last 12 months. 345 00:27:00,000 --> 00:27:08,000 And when I first hit play, you're going to see it starts in January of 1999. 346 00:27:08,000 --> 00:27:20,000 And you guys later today, if you want to go back to your office or at home, you can go to the website and you can actually see this yourself. 347 00:27:20,000 --> 00:27:28,000 But I'm going to hit pause here for a moment and just say that this was essentially representing the dot com bust. 348 00:27:28,000 --> 00:27:32,000 It didn't hit the country evenly because some areas weren't really driven by technology. 349 00:27:32,000 --> 00:27:36,000 Austin was, so we got hit pretty hard in Austin. 350 00:27:36,000 --> 00:27:48,000 And when you go to the web, you can actually take your cursor and put it over each of the different metros that are there. 351 00:27:48,000 --> 00:27:51,000 And so I'm going to push play again. 352 00:27:51,000 --> 00:27:58,000 We're in July of 2001. Things get a little bit worse after that. 353 00:27:58,000 --> 00:28:08,000 September 11th, George Bush says go out and spend money for those of us that were working at that time. 354 00:28:08,000 --> 00:28:17,000 You're going to notice something happens in Louisiana here in the middle of 2005. 355 00:28:17,000 --> 00:28:24,000 Katrina. Yeah, it's really fascinating because you had New Orleans get hit and then Baton Rouge. 356 00:28:24,000 --> 00:28:27,000 Everybody moved up to Baton Rouge and Houston and these other cities. 357 00:28:27,000 --> 00:28:32,000 And they actually showed this job gain over that same period of time. 358 00:28:32,000 --> 00:28:36,000 I'm going to hit play again. 359 00:28:36,000 --> 00:28:47,000 And so really in 2006, recession hasn't started, but what's the signal here? Automotive industry. 360 00:28:47,000 --> 00:28:57,000 Detroit starts getting hit and it's really not until the end of 2007 that the recession officially starts. 361 00:28:57,000 --> 00:29:06,000 Housing bubble starts to pop December 2007 and then it's really the market doesn't fall until the fall. 362 00:29:06,000 --> 00:29:18,000 And if you're squeamish, you can close your eyes now. 363 00:29:18,000 --> 00:29:29,000 I'm actually going to fast forward here and I would encourage you guys, if this is something of interest to you, 364 00:29:29,000 --> 00:29:32,000 just kind of seeing where we are. We keep this up on a quarterly basis. 365 00:29:32,000 --> 00:29:36,000 We do it monthly, but it's a quarter lag time. 366 00:29:36,000 --> 00:29:44,000 But we're always paying attention to what's happening in Minneapolis right now, what's going on there. 367 00:29:44,000 --> 00:29:48,000 And you expect it in some areas. 368 00:29:48,000 --> 00:29:59,000 Jacqueline is a consultant for a project right now for a group of leading automotive companies in Detroit, 369 00:29:59,000 --> 00:30:05,000 helping them understand because they're trying to look at where can we fill our vacancies right now 370 00:30:05,000 --> 00:30:10,000 with people that are local as opposed to having to attract help from the outside. 371 00:30:10,000 --> 00:30:19,000 It's a fascinating project. And once again, the overall national economy, we have to pay attention to it 372 00:30:19,000 --> 00:30:23,000 because there's been a lot of talk over the last 12 months of when is that next recession going to come? 373 00:30:23,000 --> 00:30:27,000 And what's that going to mean for development patterns? What's that going to mean for the DFW? 374 00:30:27,000 --> 00:30:32,000 What's that going to mean for dental? So you have to constantly be thinking about the economy. 375 00:30:32,000 --> 00:30:41,000 So the, do I just hit escape or just go here? Here. Here. 376 00:30:41,000 --> 00:30:48,000 So really, the other interesting factor overall for those of us in economic development, 377 00:30:48,000 --> 00:30:55,000 those of us who have defined economic development as attracting manufacturing jobs over the years 378 00:30:55,000 --> 00:31:02,000 to see what percentage manufacturing jobs have actually taken up as part of the overall economy. 379 00:31:02,000 --> 00:31:09,000 And what's very encouraging since 2010 is that line has kind of flattened, 380 00:31:09,000 --> 00:31:15,000 which means that we're holding our own as a country from the manufacturing standpoint. 381 00:31:15,000 --> 00:31:21,000 Peter built a testament to that, having strong manufacturers in this country. 382 00:31:21,000 --> 00:31:24,000 It doesn't mean that manufacturing isn't a good target for you. 383 00:31:24,000 --> 00:31:27,000 It doesn't mean that manufacturing is not going to grow in the DFW area. 384 00:31:27,000 --> 00:31:33,000 It just means that most of the job creation has occurred in other sectors, professional business services, 385 00:31:33,000 --> 00:31:40,000 education, healthcare, IT, there are a number of financial services in other areas that have grown faster. 386 00:31:40,000 --> 00:31:43,000 So if you're in the economic development business and you're all about chasing jobs, 387 00:31:43,000 --> 00:31:48,000 where are those jobs going to be? It's a big question. Big question. 388 00:31:48,000 --> 00:31:59,000 The other issue that remains with us is we baby boomers are finally starting to reach retirement age. 389 00:31:59,000 --> 00:32:09,000 And as a consequence, as we start leaving the workforce, many of us unwillingly leaving the workforce, 390 00:32:09,000 --> 00:32:20,000 there is still a demographic issue where we're creating jobs and we have people who are retiring at a rate that we're not able to fill a lot of those jobs, 391 00:32:20,000 --> 00:32:22,000 especially the jobs that are technical skill jobs. 392 00:32:22,000 --> 00:32:29,000 So I don't know if in your businesses you're experiencing that, but across the country right now, that's been the biggest issue. 393 00:32:29,000 --> 00:32:37,000 The last issue for us is just what is technology doing across all the different sectors? 394 00:32:37,000 --> 00:32:45,000 Everything has gone to being based on technology, based on information technology, especially in the area of things. 395 00:32:45,000 --> 00:32:51,000 A lot of our diagnosis, a lot of the things that we wear on our wrists now that are monitoring our health, 396 00:32:51,000 --> 00:32:54,000 there's so many different things going on it's hard to keep up with, 397 00:32:54,000 --> 00:32:59,000 but it is impacting businesses and business location decisions that are being made. 398 00:32:59,000 --> 00:33:11,000 So the local context for us, you're in the DFW area and I don't have to tell you guys about what's going on in Dallas Fort Worth. 399 00:33:11,000 --> 00:33:16,000 Fastest growing metro region in the country, fourth best economy, 32% workers have cars. 400 00:33:16,000 --> 00:33:24,000 In other words, Dallas Fort Worth is still on the radar screen for every single major business location in the country. 401 00:33:24,000 --> 00:33:28,000 Dallas Fort Worth is at the top of the list for consideration. 402 00:33:28,000 --> 00:33:34,000 So you guys get to benefit from all the assets at our DFW in your location. 403 00:33:34,000 --> 00:33:41,000 This is more of a teaser because we haven't done our homework yet, 404 00:33:41,000 --> 00:33:48,000 but one of the things that we're going to come back and do is look at what are the current development projects that are underway 405 00:33:48,000 --> 00:33:54,000 and where are the next planned developments and what does that mean for the community. 406 00:33:54,000 --> 00:34:04,000 Right now, one that kind of hit us between the -- this was vacant when we were here last. 407 00:34:04,000 --> 00:34:10,000 And now we are staying at the embassy suite, so we're right in the middle of all that. That's awesome. 408 00:34:10,000 --> 00:34:17,000 Your industrial park with the expansions from Peterbilt and all the other logistics companies and cold storage 409 00:34:17,000 --> 00:34:20,000 and everything else that's happened out there, phenomenal. 410 00:34:20,000 --> 00:34:24,000 I think the pressure is going to continue on that area to grow. 411 00:34:24,000 --> 00:34:28,000 And I know there are multiple development projects in the area, 412 00:34:28,000 --> 00:34:35,000 but one that stood out to us that Jessica shared with us was the Coal and Hunter piece that essentially controls -- 413 00:34:35,000 --> 00:34:37,000 how many miles of that? 35, what is it? 414 00:34:37,000 --> 00:34:40,000 Six miles of that. 415 00:34:40,000 --> 00:34:42,000 35 fromage. 416 00:34:42,000 --> 00:34:46,000 And I don't have to tell you guys this, but I'll just -- it bears repeating. 417 00:34:46,000 --> 00:34:51,000 It's like the number of residents that are going to go into that area and what that's going to mean for this community, 418 00:34:51,000 --> 00:34:57,000 from healthcare, ISD, retail, what that's going to do. 419 00:34:57,000 --> 00:35:01,000 But also the competitiveness nature. 420 00:35:01,000 --> 00:35:04,000 They're probably going to build their own retail along that strip. 421 00:35:04,000 --> 00:35:07,000 So what does that mean for Razor Ranch? What does that mean for the downtown? 422 00:35:07,000 --> 00:35:10,000 What does it mean for the other things that you have to offer? 423 00:35:10,000 --> 00:35:12,000 So we are going to be looking at this. 424 00:35:12,000 --> 00:35:16,000 I didn't come prepared today to talk about all of the development developments. 425 00:35:16,000 --> 00:35:19,000 I just wanted you guys to know that this is what we're looking at right now. 426 00:35:19,000 --> 00:35:21,000 We are going to look at data. 427 00:35:21,000 --> 00:35:26,000 Like I said, I didn't want to make this a data presentation in the middle of the afternoon. 428 00:35:26,000 --> 00:35:32,000 But this is your population growth trend, educational attainment. 429 00:35:32,000 --> 00:35:37,000 You know, with the universities here, you guys are kind of off the charts there in terms of education. 430 00:35:37,000 --> 00:35:39,000 Tom, could you go back to the one on population growth? 431 00:35:39,000 --> 00:35:44,000 Thank you. 432 00:35:44,000 --> 00:35:45,000 Is that good? 433 00:35:45,000 --> 00:35:46,000 Yes. 434 00:35:46,000 --> 00:35:47,000 Thank you. 435 00:35:47,000 --> 00:35:48,000 All right. 436 00:35:48,000 --> 00:35:56,000 And we will work very closely with the city to make sure that any numbers that we share with you officially 437 00:35:56,000 --> 00:36:04,000 know that we're kind of in the same ballpark because there are a number of different population estimates 438 00:36:04,000 --> 00:36:06,000 and sources that are used out there. 439 00:36:06,000 --> 00:36:10,000 Some are counting the city, some are counting the county or draw a ring around the city. 440 00:36:10,000 --> 00:36:14,000 We just want to make sure that we're not presenting information that we share with you. 441 00:36:14,000 --> 00:36:15,000 You feel like, okay. 442 00:36:15,000 --> 00:36:22,000 But any time that we do share something and you say, man, it just doesn't smell right, you know, don't stop us. 443 00:36:22,000 --> 00:36:25,000 I mean, do stop us, sorry. 444 00:36:25,000 --> 00:36:29,000 We know better than we're just going to say what it all looks like. 445 00:36:29,000 --> 00:36:36,000 So, but yeah, but we will, you know, we'll look at the city of Denton. 446 00:36:36,000 --> 00:36:37,000 We will look at Denton County. 447 00:36:37,000 --> 00:36:40,000 We'll compare you guys to others within the region. 448 00:36:40,000 --> 00:36:46,000 You know, if you want to compare yourselves to Frisco or Plano or Power Mound, you know, whatever you guys want to do. 449 00:36:46,000 --> 00:36:55,000 We'll get some feedback from you, kind of take some, you know, snapshot benchmark of what others are up to. 450 00:36:55,000 --> 00:37:03,000 This is part of our analysis and employment by sector, education, health care and manufacturing. 451 00:37:03,000 --> 00:37:07,000 So you guys are somewhat unique on the manufacturing space, especially in the DFW area 452 00:37:07,000 --> 00:37:14,000 because you have such large, great manufacturing employers that are here. 453 00:37:14,000 --> 00:37:16,000 Where have you gained? 454 00:37:16,000 --> 00:37:19,000 Transportation warehousing and manufacturing, right at the top. 455 00:37:19,000 --> 00:37:26,000 So there you go, Tom, that's counter to your national trend right there. 456 00:37:26,000 --> 00:37:32,000 Commuting, we will probably dig into this quite a bit 457 00:37:32,000 --> 00:37:36,000 because for us, understanding what your relationship is to the surrounding communities, 458 00:37:36,000 --> 00:37:40,000 who's coming into this community, who's leaving this community. 459 00:37:40,000 --> 00:37:48,000 But as anticipated, you know, the number of people that are commuting into the city of Denton has remained relatively flat. 460 00:37:48,000 --> 00:37:51,000 But this is not picking up 2018 or 2019. 461 00:37:51,000 --> 00:37:57,000 And I'm guessing that your numbers with some of your job growth have probably increased. 462 00:37:57,000 --> 00:38:03,000 But the number of people that are, you know, because you're experiencing population growth, 463 00:38:03,000 --> 00:38:08,000 people are moving in to this area but then commuting back to Dallas or commuting back to DFW Airport 464 00:38:08,000 --> 00:38:10,000 or commuting back to wherever they live. 465 00:38:10,000 --> 00:38:16,000 And we'll actually look at the numbers of where are those concentrations. 466 00:38:16,000 --> 00:38:23,000 And I don't expect you to understand this right now, but we'll look at, you know, where do workers in Denton live? 467 00:38:23,000 --> 00:38:30,000 The majority still live in Denton, but you break people in from Fort Worth, Dallas, Florida, Louisville. 468 00:38:30,000 --> 00:38:34,000 And then we'll do the opposite, where do people in Denton work? 469 00:38:34,000 --> 00:38:39,000 And we can, we have a tool that we'll be able to drill in here, 470 00:38:39,000 --> 00:38:44,000 so you'll be able to see the exact numbers that are coming from particular districts. 471 00:38:44,000 --> 00:38:50,000 And we can actually know what occupations, we can know income levels. 472 00:38:50,000 --> 00:38:57,000 So we'll have a lot of information that we'll bring to bear here to help make decisions. 473 00:38:57,000 --> 00:39:02,000 I'm going to turn the tables here and come back to you guys. 474 00:39:02,000 --> 00:39:07,000 These were the questions that we sent out to you. 475 00:39:07,000 --> 00:39:10,000 You know, where do you see challenges for the community? 476 00:39:10,000 --> 00:39:12,000 Where do you see opportunities? 477 00:39:12,000 --> 00:39:16,000 What are the largest successes that you've seen? 478 00:39:16,000 --> 00:39:19,000 What have been some of the losses or setbacks? 479 00:39:19,000 --> 00:39:24,000 Is there something you feel could be a transformative project for the community? 480 00:39:24,000 --> 00:39:30,000 Who do you compete with right now as you think about, you know, either in your business, 481 00:39:30,000 --> 00:39:32,000 if you're the hospital, who do you compete with? 482 00:39:32,000 --> 00:39:39,000 If you're an employer here, who are you competing with for employees? 483 00:39:39,000 --> 00:39:43,000 If you're the city and somebody's locating, you know, who comes to the list? 484 00:39:43,000 --> 00:39:46,000 Where are they deciding about where they're going to go? 485 00:39:46,000 --> 00:39:49,000 What other communities could we learn from? 486 00:39:49,000 --> 00:39:52,000 In other words, is there somebody else out there in the DFW area or somewhere else 487 00:39:52,000 --> 00:39:55,000 that you feel like we ought to become more like these guys, 488 00:39:55,000 --> 00:39:58,000 or we ought to learn from that particular project? 489 00:39:58,000 --> 00:39:59,000 And then who else? 490 00:39:59,000 --> 00:40:03,000 And this goes back to your question, Council Member, like who else needs to be involved? 491 00:40:03,000 --> 00:40:08,000 Who else do we need to talk to to make sure that we get this right? 492 00:40:08,000 --> 00:40:14,000 So are you guys -- do you have your mobile phones with you by chance? 493 00:40:14,000 --> 00:40:20,000 Can we use you as a game page real quick, if you don't mind? 494 00:40:20,000 --> 00:40:30,000 And this is more of a test to see how much of this we can include going forward. 495 00:40:30,000 --> 00:40:36,000 But if you can open up your browser and go to minty.com -- 496 00:40:36,000 --> 00:40:39,000 how many of you have done this one before? 497 00:40:39,000 --> 00:40:41,000 Anybody? 498 00:40:41,000 --> 00:40:44,000 Okay. 499 00:40:44,000 --> 00:40:52,000 And then you don't put any spaces in for that code number, you just type 64130. 500 00:40:52,000 --> 00:40:57,000 And let me know if you're having any trouble getting this open. 501 00:40:57,000 --> 00:41:02,000 We'll be happy to help. 502 00:41:02,000 --> 00:41:05,000 Cool. 503 00:41:05,000 --> 00:41:17,000 Wow, no cap. 504 00:41:17,000 --> 00:41:29,000 I can't tell my cat what I'm putting. 505 00:41:29,000 --> 00:41:40,000 Anybody of you guys have been able to input it yet? 506 00:41:40,000 --> 00:41:47,000 That's right, we're going to know what you got put in. 507 00:41:47,000 --> 00:41:53,000 Yeah, so I think most of you guys are liars. 508 00:41:53,000 --> 00:41:57,000 So there we go. 509 00:41:57,000 --> 00:42:01,000 No, I looked up the national statistics recently, 510 00:42:01,000 --> 00:42:05,000 and there actually are more cats as pets than there are dogs. 511 00:42:05,000 --> 00:42:09,000 But I think that's because my wife is a cat lady and has thrown all the numbers out, 512 00:42:09,000 --> 00:42:14,000 so we have a lot of cats. 513 00:42:14,000 --> 00:42:16,000 All right, yeah, let's go to the next one. 514 00:42:16,000 --> 00:42:19,000 And we actually have a couple of serious questions coming up here. 515 00:42:19,000 --> 00:42:41,000 You have to choose one. 516 00:42:41,000 --> 00:42:49,000 Just letting you guys know that you're matching our trends in the vacations. 517 00:42:49,000 --> 00:42:52,000 Usually evenly split on the vacation, 518 00:42:52,000 --> 00:42:57,000 unless we're in the desert, people tend to like going to the beach. 519 00:42:57,000 --> 00:43:02,000 The beach. 520 00:43:02,000 --> 00:43:03,000 Awesome. 521 00:43:03,000 --> 00:43:07,000 Well, let's go ahead and go to the next one. 522 00:43:07,000 --> 00:43:20,000 So rate each one of these just based on what you think. 523 00:43:20,000 --> 00:43:36,000 This is not scientific, this is just more of your gut reaction. 524 00:43:36,000 --> 00:43:38,000 Does it happen to kids? 525 00:44:06,000 --> 00:44:27,000 Does this surprise anybody? 526 00:44:27,000 --> 00:44:28,000 No. 527 00:44:28,000 --> 00:44:29,000 What is the 3.1 percent? 528 00:44:29,000 --> 00:44:31,000 Is that three votes? 529 00:44:31,000 --> 00:44:37,000 That's the average. 530 00:44:37,000 --> 00:44:41,000 That does surprise me. 531 00:44:41,000 --> 00:44:42,000 Positive or negative? 532 00:44:42,000 --> 00:44:49,000 I thought it would be higher. 533 00:44:49,000 --> 00:44:52,000 An attractive place for young professionals to live and work, 534 00:44:52,000 --> 00:44:57,000 and then has the capacity and resources necessary for economic development. 535 00:44:57,000 --> 00:45:00,000 So these are all above average. 536 00:45:00,000 --> 00:45:07,000 How did you factor in the retirement population? 537 00:45:07,000 --> 00:45:12,000 We probably need to add another question. 538 00:45:12,000 --> 00:45:20,000 The number of questions you can ask is a good place for retirees. 539 00:45:20,000 --> 00:45:23,000 That's exactly right. 540 00:45:23,000 --> 00:45:26,000 We did a lot of research on demographics 541 00:45:26,000 --> 00:45:29,000 and who was choosing the types of cities that they were going to. 542 00:45:29,000 --> 00:45:33,000 And there was this really interesting sort of mix over the last few years 543 00:45:33,000 --> 00:45:39,000 where you have this young college-educated choosing a college town 544 00:45:39,000 --> 00:45:44,000 that has the amenities that they're interested in and a certain vibe about it. 545 00:45:44,000 --> 00:45:48,000 And then you have this baby boomer, what we call a zoomer, 546 00:45:48,000 --> 00:45:52,000 an educated baby boomer who's looking for a place to retire. 547 00:45:52,000 --> 00:45:53,000 They want the same things. 548 00:45:53,000 --> 00:45:55,000 They want to be in that university town 549 00:45:55,000 --> 00:45:58,000 because they want to have access to the restaurant they want to have. 550 00:45:58,000 --> 00:46:01,000 They want to go back to the university, maybe take a couple of classes, 551 00:46:01,000 --> 00:46:04,000 maybe teach at the university, you know, part-time. 552 00:46:04,000 --> 00:46:07,000 So it's really interesting that. 553 00:46:07,000 --> 00:46:13,000 And you guys have that vibe with that type of community. 554 00:46:13,000 --> 00:46:18,000 So that's a great point there, Joe. 555 00:46:18,000 --> 00:46:24,000 So what communities do you feel like Denton competes with for investment and for talent? 556 00:46:24,000 --> 00:46:31,000 I think on this one you have to actually type in the name of the community. 557 00:46:31,000 --> 00:46:34,000 Type in more than one. 558 00:46:34,000 --> 00:46:37,000 Is it up to three or zero point three? 559 00:46:37,000 --> 00:46:39,000 It looks like there's three. 560 00:46:39,000 --> 00:46:41,000 Yeah, you can choose up to three. 561 00:46:41,000 --> 00:46:44,000 I don't think you have to choose three. 562 00:46:54,000 --> 00:47:00,000 [ Background noise ] 563 00:47:00,000 --> 00:47:02,000 Oh, yeah. 564 00:47:02,000 --> 00:47:04,000 [ Background noise ] 565 00:47:04,000 --> 00:47:27,000 [ Background noise ] 566 00:47:27,000 --> 00:47:31,000 So I assume at Lyatt you feel like you're competing for investment. 567 00:47:31,000 --> 00:47:35,000 Dallas is probably, you know, both. 568 00:47:35,000 --> 00:47:38,000 It's funny that Frisco just passed Dallas. 569 00:47:38,000 --> 00:47:46,000 [ Background noise ] 570 00:47:46,000 --> 00:47:51,000 Although it looks like someone typed in Frisco, Plano, and Fort Worth in one line. 571 00:47:51,000 --> 00:48:04,000 And so you can distribute that on those others. 572 00:48:04,000 --> 00:48:09,000 I've not seen any surprises about you guys. 573 00:48:09,000 --> 00:48:14,000 We need to ask better questions so there can be surprises. 574 00:48:14,000 --> 00:48:15,000 All right. 575 00:48:15,000 --> 00:48:19,000 Let's go to the last one here. 576 00:48:19,000 --> 00:48:26,000 So what do you feel like would be a sign of success for this process? 577 00:48:26,000 --> 00:48:34,000 [ Background noise ] 578 00:48:34,000 --> 00:48:36,000 All right. 579 00:48:36,000 --> 00:48:39,000 So yeah, this is a tweet. 580 00:48:39,000 --> 00:48:41,000 Hashtag. 581 00:48:41,000 --> 00:48:55,000 [ Background noise ] 582 00:48:55,000 --> 00:49:24,000 [ Background noise ] 583 00:49:24,000 --> 00:49:52,000 [ Background noise ] 584 00:49:52,000 --> 00:49:59,000 [ Background noise ] 585 00:49:59,000 --> 00:50:01,000 Someone's reading my answers. 586 00:50:01,000 --> 00:50:30,000 [ Background noise ] 587 00:50:30,000 --> 00:50:54,000 [ Background noise ] 588 00:50:54,000 --> 00:51:00,000 Well, it looks to me like a lot of consensus in terms of what you're going to get here. 589 00:51:00,000 --> 00:51:06,000 Clear vision, action-oriented plan, getting everybody on the same page, 590 00:51:06,000 --> 00:51:13,000 having enough detail to where it's not just, you know, do something without the details of how you get it done 591 00:51:13,000 --> 00:51:18,000 and how you structure yourself, you know, the best way to have that happen. 592 00:51:18,000 --> 00:51:32,000 Greater understanding of planning for Newton, unified direction, measurable, aligned, stability. 593 00:51:32,000 --> 00:51:41,000 Anything stick out to you guys? 594 00:51:41,000 --> 00:51:44,000 All right. 595 00:51:44,000 --> 00:51:57,000 Let's move on. 596 00:51:57,000 --> 00:52:03,000 We have a feel for some of the big assets in the community. 597 00:52:03,000 --> 00:52:06,000 But if you guys don't mind, I know you've done this before. 598 00:52:06,000 --> 00:52:14,000 If we can just get kind of a quick rundown of what you think your biggest assets are from an economic development standpoint. 599 00:52:14,000 --> 00:52:20,000 And we're just going to capture them here in a free form. 600 00:52:20,000 --> 00:52:25,000 What was the code again I lost on my page? 601 00:52:25,000 --> 00:52:27,000 Oh, for this one? 602 00:52:27,000 --> 00:52:30,000 6413-0. Okay. 603 00:52:30,000 --> 00:52:38,000 And what we will do for you guys, just FYI, is after we're done, we're going to give you a copy of the presentation. 604 00:52:38,000 --> 00:52:46,000 And in that presentation, there will actually be a PDF slides of your answers to each one of these. 605 00:52:46,000 --> 00:52:51,000 So you don't have to remember all the things that you put in there. 606 00:52:51,000 --> 00:52:58,000 That's the cool thing about the particular program, it lets us keep everything and we can share it back with you. 607 00:52:58,000 --> 00:53:03,000 So if you want to share it beyond this, you can. 608 00:53:03,000 --> 00:53:15,000 So Jacqueline is just going to capture, I'll start it off, universities. 609 00:53:15,000 --> 00:53:20,000 And there's probably specific programs within the universities that are assets. 610 00:53:20,000 --> 00:53:25,000 So feel free to throw something out if you think it's worth drawing attention to. 611 00:53:25,000 --> 00:53:29,000 What else? 612 00:53:29,000 --> 00:53:35,000 So, and forgive me if I'm splitting hairs, but Denton's greatest economic assets as far as something like, what is a location? 613 00:53:35,000 --> 00:53:38,000 Would location be one, or are we talking an actual, okay. 614 00:53:38,000 --> 00:53:41,000 What is currently making an economic development? 615 00:53:41,000 --> 00:53:46,000 If you think of it being an asset or a strength, you can fit both of those in that category. 616 00:53:46,000 --> 00:53:47,000 Thank you. 617 00:53:47,000 --> 00:53:53,000 So location. 618 00:53:53,000 --> 00:53:56,000 Transportation. 619 00:53:56,000 --> 00:53:58,000 Viable workforce. 620 00:53:58,000 --> 00:54:01,000 Viable workforce. 621 00:54:01,000 --> 00:54:05,000 Downtown. 622 00:54:05,000 --> 00:54:15,000 Our music and arts culture. 623 00:54:15,000 --> 00:54:20,000 Somebody asked you what's going on in Denton, what are you selling? 624 00:54:20,000 --> 00:54:21,000 What are you talking about? 625 00:54:21,000 --> 00:54:22,000 It's growing. 626 00:54:22,000 --> 00:54:24,000 It's growing. 627 00:54:24,000 --> 00:54:27,000 Airport. 628 00:54:27,000 --> 00:54:28,000 Available land. 629 00:54:28,000 --> 00:54:44,000 Available. 630 00:54:44,000 --> 00:54:46,000 I would say investment capital. 631 00:54:46,000 --> 00:54:51,000 The money's out there, our project is there. 632 00:54:51,000 --> 00:54:53,000 You know, safety's good. 633 00:54:53,000 --> 00:54:55,000 There's problems everywhere, but. 634 00:54:55,000 --> 00:55:02,000 So you feel like it's mostly a safe, safe community? 635 00:55:02,000 --> 00:55:06,000 I like the diversity of things. 636 00:55:06,000 --> 00:55:08,000 And when you say diversity, do you mean? 637 00:55:08,000 --> 00:55:09,000 Yes, I mean that. 638 00:55:09,000 --> 00:55:10,000 Racial diversity? 639 00:55:10,000 --> 00:55:13,000 Okay. 640 00:55:13,000 --> 00:55:15,000 But our universities add to diversity. 641 00:55:15,000 --> 00:55:17,000 We bring people in from all over the world. 642 00:55:17,000 --> 00:55:25,000 They really do. 643 00:55:25,000 --> 00:55:26,000 What else? 644 00:55:26,000 --> 00:55:42,000 One of our health care systems. 645 00:55:42,000 --> 00:55:49,000 So I'm going to bring on UNT, I mean, we've reached and have been Carnegie One status for several years now. 646 00:55:49,000 --> 00:55:59,000 We have big PhD programs that are going out and nationally recognized. 647 00:55:59,000 --> 00:56:05,000 We are the largest institution in the nation for, primarily for women, but not. 648 00:56:05,000 --> 00:56:06,000 Not, no, that's awesome. 649 00:56:06,000 --> 00:56:09,000 My mother-in-law was a graduate. 650 00:56:09,000 --> 00:56:12,000 Back when it was called, teachers. 651 00:56:12,000 --> 00:56:17,000 Yeah, it was like CIA, and then it was, yeah, it's had a couple of different names. 652 00:56:17,000 --> 00:56:23,000 And the new Jane Nelson Institute, I think it's going to get some kind of publicity here as well for women. 653 00:56:23,000 --> 00:56:28,000 Yeah, well, things like that would be good for us to hear about it because. 654 00:56:28,000 --> 00:56:31,000 It may not be the greatest economic asset. 655 00:56:31,000 --> 00:56:35,000 We have community colleges that feed into many places also. 656 00:56:35,000 --> 00:56:38,000 I think those are really important programs. 657 00:56:38,000 --> 00:56:45,000 I think we also, one big thing that I've noticed in this community is how much businesses are involved in community. 658 00:56:45,000 --> 00:56:46,000 Sort of business engagement. 659 00:56:46,000 --> 00:56:50,000 Yeah, the corporate citizenship, the corporate involvement. 660 00:56:50,000 --> 00:56:57,000 They're in the United Ways, they're in the benefit leaves and rotaries, and they're very represented in the community. 661 00:56:57,000 --> 00:56:59,000 Awesome Chamber? 662 00:56:59,000 --> 00:57:00,000 Oh. 663 00:57:00,000 --> 00:57:01,000 Awesome City. 664 00:57:01,000 --> 00:57:03,000 That's right. 665 00:57:03,000 --> 00:57:09,000 What else? 666 00:57:09,000 --> 00:57:10,000 Unique culture. 667 00:57:10,000 --> 00:57:14,000 I would say that we are different than what people predominantly. 668 00:57:14,000 --> 00:57:21,000 I think you can kind of imagine Dallas culture, Fort Worth culture, and Denton is, we're teased for that, 669 00:57:21,000 --> 00:57:23,000 but I actually like that we're a little different. 670 00:57:23,000 --> 00:57:27,000 It's a little different vibe here, I think. 671 00:57:27,000 --> 00:57:29,000 Well, there's a little different. 672 00:57:29,000 --> 00:57:30,000 Where are many Austin? 673 00:57:30,000 --> 00:57:34,000 That's what I was going to say, there's a city in central Texas that has figured out how to leverage that. 674 00:57:34,000 --> 00:57:37,000 They need to go out and look for gains anywhere and get away with it. 675 00:57:37,000 --> 00:57:38,000 There's no way you can't. 676 00:57:38,000 --> 00:57:39,000 Right? 677 00:57:39,000 --> 00:57:41,000 Whatever you want to call it. 678 00:57:41,000 --> 00:57:42,000 Right. 679 00:57:42,000 --> 00:57:44,000 We are somewhat green. 680 00:57:44,000 --> 00:57:47,000 I don't know how green we are, but we're greenish. 681 00:57:47,000 --> 00:57:49,000 We are pretty sustainable. 682 00:57:49,000 --> 00:57:56,000 We're working on, we're a pretty big sustainable community compared to a lot of others. 683 00:57:56,000 --> 00:58:23,000 I think, you know, you are what you think you are or what you say you are. 684 00:58:23,000 --> 00:58:25,000 You have to be careful about your words. 685 00:58:25,000 --> 00:58:28,000 If I say I'm a loser, then eventually I become a loser. 686 00:58:28,000 --> 00:58:32,000 If I say I'm a winner, you know, then at least it gives me the possibility for going up. 687 00:58:32,000 --> 00:58:39,000 So with this community, I would say that, you know, we have a lot of potential when it comes to high tech. 688 00:58:39,000 --> 00:58:44,000 I wouldn't say we're there, but I see some tech potential. 689 00:58:44,000 --> 00:58:50,000 I think that's the word I was looking for. 690 00:58:50,000 --> 00:58:55,000 I think we have really good close proximity access to a lot of good state parks. 691 00:58:55,000 --> 00:59:00,000 We have Lake Texonley and Ray Roberts within 25 miles of us. 692 00:59:00,000 --> 00:59:11,000 We have hiking and biking trails. 693 00:59:11,000 --> 00:59:22,000 So this isn't something that is, I don't know, it's not very well-known, but the horse country has $156 million in a year's economic impact. 694 00:59:22,000 --> 00:59:23,000 Horse country? 695 00:59:23,000 --> 00:59:24,000 Yeah. 696 00:59:24,000 --> 00:59:25,000 It's not something that we. 697 00:59:25,000 --> 00:59:26,000 The county. 698 00:59:26,000 --> 00:59:27,000 Right. 699 00:59:27,000 --> 00:59:28,000 This is part of the county. 700 00:59:28,000 --> 00:59:29,000 I think that they're here. 701 00:59:29,000 --> 00:59:31,000 What else on the visitor side? 702 00:59:31,000 --> 00:59:38,000 You know, I think the athletics facilities, it's kind of a good bullet, but with the university 703 00:59:38,000 --> 00:59:43,000 and the athletes there, it's a new practice facility in the fall stadium. 704 00:59:43,000 --> 00:59:45,000 There's potential to use that. 705 00:59:45,000 --> 00:59:46,000 Awesome. 706 00:59:46,000 --> 00:59:48,000 And then that's power generation. 707 00:59:48,000 --> 00:59:49,000 Yeah. 708 00:59:49,000 --> 00:59:53,000 And also I have plenty of water for industrial use. 709 00:59:53,000 --> 00:59:58,000 Yeah, so I was in Desi Land on Monday. 710 00:59:58,000 --> 00:59:59,000 That's so much water. 711 00:59:59,000 --> 01:00:01,000 At the top of their challenge list. 712 01:00:01,000 --> 01:00:02,000 Right. 713 01:00:02,000 --> 01:00:03,000 As opposed to the top of their assets list. 714 01:00:03,000 --> 01:00:04,000 Water. 715 01:00:04,000 --> 01:00:05,000 Water. 716 01:00:05,000 --> 01:00:08,000 Yeah. 717 01:00:08,000 --> 01:00:17,000 I don't have kids in high school, primary school, but we have a strong and growing public 718 01:00:17,000 --> 01:00:19,000 school system as well, right? 719 01:00:19,000 --> 01:00:20,000 I would say so. 720 01:00:20,000 --> 01:00:26,000 I think our superintendent speaks on the cutting edge of technology in schools, and so I think 721 01:00:26,000 --> 01:00:31,000 we have good confidence in our schools and the planning that's going on in anticipation 722 01:00:31,000 --> 01:00:32,000 of the time. 723 01:00:32,000 --> 01:00:37,000 I would say that Denton ISD feeds into that viable workforce comment over there, too, 724 01:00:37,000 --> 01:00:42,000 because of the technology, advanced technology center. 725 01:00:42,000 --> 01:00:48,000 They're actually training students to be in the workforce. 726 01:00:48,000 --> 01:00:51,000 I'm going to say the ISD is one of our assets. 727 01:00:51,000 --> 01:00:57,000 I'm not sure that that's thought of that way outside of it. 728 01:00:57,000 --> 01:01:03,000 But as far as from an asset standpoint, if you're having a conversation with folks to 729 01:01:03,000 --> 01:01:10,000 move a business or to move themselves, and they're in those years, that's one of the 730 01:01:10,000 --> 01:01:11,000 top three. 731 01:01:11,000 --> 01:01:12,000 Thank you. 732 01:01:12,000 --> 01:01:13,000 Thank you. 733 01:01:13,000 --> 01:01:14,000 After Howell Village. 734 01:01:14,000 --> 01:01:15,000 After Howell Village. 735 01:01:15,000 --> 01:01:16,000 Yeah. 736 01:01:16,000 --> 01:01:17,000 The commencement ceremony. 737 01:01:17,000 --> 01:01:18,000 Howell Village. 738 01:01:18,000 --> 01:01:19,000 Yeah. 739 01:01:19,000 --> 01:01:24,000 Before your doctors lived and your kids go to school. 740 01:01:24,000 --> 01:01:27,000 Yeah. 741 01:01:27,000 --> 01:01:36,000 And Chris, later this afternoon, we're going to probably drill down a little bit on the 742 01:01:36,000 --> 01:01:37,000 workforce question. 743 01:01:37,000 --> 01:01:38,000 I have some questions before that. 744 01:01:38,000 --> 01:01:39,000 All right. 745 01:01:39,000 --> 01:01:52,000 Well, this is just a warm-up, because we're going to be doing a lot of roundtables and 746 01:01:52,000 --> 01:01:57,000 asking questions about what do you perceive from a particular sector? 747 01:01:57,000 --> 01:02:00,000 What do you perceive as the challenges for this area? 748 01:02:00,000 --> 01:02:04,000 And where do you see opportunities, and what do you think are the strengths? 749 01:02:04,000 --> 01:02:07,000 So we'll be going through this throughout the process. 750 01:02:07,000 --> 01:02:12,000 But this is a good warm-up for us, because sometimes things will come out here that we 751 01:02:12,000 --> 01:02:16,000 had no idea, or maybe it's something that Jessica isn't going to mention to us, because 752 01:02:16,000 --> 01:02:18,000 it's just off the radar screen. 753 01:02:18,000 --> 01:02:22,000 But we'll go off and do the research around it, and then come back to you and say, yeah, 754 01:02:22,000 --> 01:02:23,000 you said that was an asset. 755 01:02:23,000 --> 01:02:27,000 I just want to let you know, you know, you may perceive it as an asset, but relative 756 01:02:27,000 --> 01:02:30,000 to the other things that are going on, it's probably not as big of a deal to be talking 757 01:02:30,000 --> 01:02:31,000 about. 758 01:02:31,000 --> 01:02:33,000 Or, this is a really big deal. 759 01:02:33,000 --> 01:02:37,000 I've had that happen, like, in the entrepreneurship community. 760 01:02:37,000 --> 01:02:38,000 It's an asset. 761 01:02:38,000 --> 01:02:42,000 But that's just those, you know, guys over there in that little co-working space, and 762 01:02:42,000 --> 01:02:43,000 we don't really know what they're doing. 763 01:02:43,000 --> 01:02:44,000 It's probably not a big deal. 764 01:02:44,000 --> 01:02:49,000 And then we'll go in and do interviews, and we'll find out, wow, this company is a supplier 765 01:02:49,000 --> 01:02:53,000 to Microsoft, and they're about to go big. 766 01:02:53,000 --> 01:02:56,000 You had no idea in your community, because they hadn't talked to you yet. 767 01:02:56,000 --> 01:03:00,000 So that's the kind of thing that will come out of these little discussions. 768 01:03:00,000 --> 01:03:01,000 And we appreciate it. 769 01:03:01,000 --> 01:03:06,000 It may be stuff that you do all the time, but we appreciate you willing to be patient 770 01:03:06,000 --> 01:03:09,000 with us and us knowing about the community. 771 01:03:09,000 --> 01:03:12,000 So the next question. 772 01:03:12,000 --> 01:03:25,000 So as you think about going forward, what can we do that will take us to the next level? 773 01:03:25,000 --> 01:03:33,000 In other words, where should we allocate our resources to move this community to the next 774 01:03:33,000 --> 01:03:34,000 level? 775 01:03:34,000 --> 01:03:35,000 Tech sector. 776 01:03:35,000 --> 01:03:36,000 Tech sector? 777 01:03:36,000 --> 01:03:42,000 When you think of tech sector, what do you? 778 01:03:42,000 --> 01:03:49,000 Development, programmers, all of the support services for Amazon and Microsoft and Google. 779 01:03:49,000 --> 01:03:50,000 Gotcha. 780 01:03:50,000 --> 01:03:51,000 Gotcha. 781 01:03:51,000 --> 01:03:52,000 Thank you. 782 01:03:52,000 --> 01:03:53,000 Make us a cultural center. 783 01:03:53,000 --> 01:03:54,000 Cultural center. 784 01:03:54,000 --> 01:03:55,000 Let me elaborate. 785 01:03:55,000 --> 01:04:07,000 As an inner-city kid growing up in Houston, we were exposed to languages, Japanese, Spanish, 786 01:04:07,000 --> 01:04:15,000 Latin, German, of which I regret that I didn't take advantage of all of them. 787 01:04:15,000 --> 01:04:17,000 I'm fluent in Spanish. 788 01:04:17,000 --> 01:04:19,000 I read, write, speak Spanish. 789 01:04:19,000 --> 01:04:21,000 Many of my clients are Spanish-speaking. 790 01:04:21,000 --> 01:04:31,000 And then we got exposed to the symphony, the ballet, the high science areas. 791 01:04:31,000 --> 01:04:36,000 So for a poor kid to be in that environment, I was enriched. 792 01:04:36,000 --> 01:04:43,000 So I would like to see a lot of the children here exposed to the languages and culture, 793 01:04:43,000 --> 01:04:46,000 you know, where they can raise their level. 794 01:04:46,000 --> 01:04:49,000 We don't have to go to Plano or to Dallas to become -- 795 01:04:49,000 --> 01:04:58,000 John, is there a specific, like, amenity or thing that would represent that for you? 796 01:04:58,000 --> 01:05:06,000 That if two years from now or five years from now or ten years from now, you're able to pull it off? 797 01:05:06,000 --> 01:05:13,000 I think if we could get something to enrich the masses, that's what I'm looking for. 798 01:05:13,000 --> 01:05:22,000 We've got the resources and the vision to enrich our community so that they become different. 799 01:05:22,000 --> 01:05:27,000 So I will challenge you, John, to be thinking as we go forward. 800 01:05:27,000 --> 01:05:29,000 Is that in the form of a new museum? 801 01:05:29,000 --> 01:05:35,000 Is that in the form of a -- you know, what does that look like? 802 01:05:35,000 --> 01:05:40,000 Is it a new program within the school district that's going to reach out to particular communities? 803 01:05:40,000 --> 01:05:41,000 So be thinking about that. 804 01:05:41,000 --> 01:05:42,000 Okay. 805 01:05:42,000 --> 01:05:43,000 All right. 806 01:05:43,000 --> 01:05:44,000 I got you. 807 01:05:44,000 --> 01:05:48,000 So you can model something like what we have at a common university, which is called Elm Fork. 808 01:05:48,000 --> 01:05:54,000 And so we have about 15,000 kids, K through 8th grade, go through our one building per year. 809 01:05:54,000 --> 01:05:56,000 Fifteen to 20,000 kids. 810 01:05:56,000 --> 01:06:01,000 I don't know if any of your kids or grandkids have went through this science program. 811 01:06:01,000 --> 01:06:06,000 And so all of the students in surrounding areas have field trips there. 812 01:06:06,000 --> 01:06:08,000 It's a way to engage them in science. 813 01:06:08,000 --> 01:06:12,000 You can do the same sort of thing, but in other culture sort of topics. 814 01:06:12,000 --> 01:06:13,000 What was it called? 815 01:06:13,000 --> 01:06:14,000 It was called Elm Fork. 816 01:06:14,000 --> 01:06:18,000 Elm Fork, yeah. 817 01:06:18,000 --> 01:06:24,000 It's just a way to do a mass amount of learning. 818 01:06:24,000 --> 01:06:26,000 I'm going to throw out the airport again. 819 01:06:26,000 --> 01:06:29,000 Just out of our second runway, I think there's a lot of opportunity. 820 01:06:29,000 --> 01:06:34,000 Loop 288 has been planned for 30 years to go around there. 821 01:06:34,000 --> 01:06:38,000 And that may be seen alive at the end of the tunnel. 822 01:06:38,000 --> 01:06:43,000 There's a lot of opportunity for investment. 823 01:06:43,000 --> 01:06:50,000 In light of what you were saying, what's driving a lot of the locations now is workforce. 824 01:06:50,000 --> 01:06:56,000 Capturing the workforce that's coming out of the local universities is huge. 825 01:06:56,000 --> 01:07:00,000 Just capturing your graduates, containing your graduates. 826 01:07:00,000 --> 01:07:08,000 I think there's a lot of people who would like to graduate and stay here, but finding the jobs. 827 01:07:08,000 --> 01:07:11,000 I don't know if we have the jobs for those folks. 828 01:07:11,000 --> 01:07:15,000 It's a cool enough place to stay and affordable, 829 01:07:15,000 --> 01:07:21,000 going to be speaking to the other parts of the metro class. 830 01:07:21,000 --> 01:07:24,000 I'm going to throw out partnerships. 831 01:07:24,000 --> 01:07:28,000 I think that we have a lot of really great stakeholders, 832 01:07:28,000 --> 01:07:31,000 but if we work together, we can accomplish a little bit more. 833 01:07:31,000 --> 01:07:36,000 I've heard talks of UNT doing a ton of stuff in Frisco 834 01:07:36,000 --> 01:07:41,000 when we talk about tech sectors and hiring students and things out there, 835 01:07:41,000 --> 01:07:45,000 but there's not a lot that we do here within Perseo and certain things. 836 01:07:45,000 --> 01:07:46,000 I think there's more. 837 01:07:46,000 --> 01:07:55,000 There's opportunities to do with other partners within our community, DMSD, UNT, TWA. 838 01:07:55,000 --> 01:08:00,000 An economic development fund that's at the ready if incentives are necessary 839 01:08:00,000 --> 01:08:09,000 to get the targeted employer here and a willingness to welcome them. 840 01:08:09,000 --> 01:08:17,000 Discovery Park is the UNT engineering and research park. 841 01:08:17,000 --> 01:08:20,000 I think there will be a lot of opportunities there. 842 01:08:20,000 --> 01:08:25,000 They're doing well right now. 843 01:08:25,000 --> 01:08:31,000 They started an engineering program from scratch out there. 844 01:08:31,000 --> 01:08:36,000 It's big now, so we have lots of engineering faculty and students. 845 01:08:36,000 --> 01:08:38,000 It's one of the fastest growing programs. 846 01:08:38,000 --> 01:08:43,000 We started new programs in Biomedical Engineering College of Information out there also. 847 01:08:43,000 --> 01:08:46,000 We just got a $10 million grant for additive manufacturing, 848 01:08:46,000 --> 01:08:49,000 and that has a workforce component in it. 849 01:08:49,000 --> 01:08:54,000 So that's a heavy investment in terms of the university really going forward. 850 01:08:54,000 --> 01:09:05,000 We talked earlier in the year about with a firm that wanted to bring a medical campus to Denton, 851 01:09:05,000 --> 01:09:07,000 and they were looking for a place to get them. 852 01:09:07,000 --> 01:09:15,000 This is what you might think of as Las Galinas type stuff. 853 01:09:15,000 --> 01:09:22,000 Being located around Discovery Park is an ideal place just from thinking out loud, 854 01:09:22,000 --> 01:09:26,000 but a lot of that is zoned for single family. 855 01:09:26,000 --> 01:09:28,000 When you see what's going on out there, 856 01:09:28,000 --> 01:09:37,000 it's going to take some thought if we want to bring that kind of growth here. 857 01:09:37,000 --> 01:09:39,000 They can't go out by the distribution centers. 858 01:09:39,000 --> 01:09:41,000 Where would that go? 859 01:09:41,000 --> 01:09:47,000 That would be a natural place, but we need to make sure that we can put them out there. 860 01:09:47,000 --> 01:09:55,000 Right now, you've got the area that is Peter Belt and the other industry that's out there 861 01:09:55,000 --> 01:09:58,000 that's appropriate for a certain type of user, 862 01:09:58,000 --> 01:10:04,000 but that more tech, science-driven user, is there a place for them to go right now? 863 01:10:04,000 --> 01:10:12,000 Discovery Park campus would be the perfect place to put a tech growth for large buildings or downtown, 864 01:10:12,000 --> 01:10:15,000 and there's land around there that's right on the loop. 865 01:10:15,000 --> 01:10:19,000 Some of that land is currently zoned residential, 866 01:10:19,000 --> 01:10:21,000 so do you want to build a bunch of houses around that, 867 01:10:21,000 --> 01:10:29,000 or do you want to save that space for tech space to let that thing grow up and around there? 868 01:10:29,000 --> 01:10:34,000 It requires planning. 869 01:10:34,000 --> 01:10:36,000 What else do you feel like? 870 01:10:36,000 --> 01:10:37,000 Because now's the time. 871 01:10:37,000 --> 01:10:41,000 You've got that crazy idea of something that could happen in this community. 872 01:10:41,000 --> 01:10:43,000 You already laid it out. 873 01:10:43,000 --> 01:10:51,000 Hunter and Cone Ranch is going to transform the southwestern side of Denton significantly. 874 01:10:51,000 --> 01:10:57,000 I have another thought, Tom. 875 01:10:57,000 --> 01:11:00,000 When it comes to how we communicate to others about ourselves, 876 01:11:00,000 --> 01:11:02,000 I think we could possibly do a better job. 877 01:11:02,000 --> 01:11:04,000 Not that I'm criticizing what we've done, 878 01:11:04,000 --> 01:11:08,000 but I feel like we have to be a little more proactive in pushing Denton. 879 01:11:08,000 --> 01:11:14,000 For example, if I tell you this bread is good for you, that's one presentation. 880 01:11:14,000 --> 01:11:22,000 Another presentation says it has niacin, thiamin, riboflavin, all these different minerals and additives, 881 01:11:22,000 --> 01:11:28,000 and it will make you, if you're 68 like me, it will make you feel like you're 40. 882 01:11:28,000 --> 01:11:31,000 You can do this kind of advertising. 883 01:11:31,000 --> 01:11:34,000 To me, it's a little different than to say you're a Denton. 884 01:11:34,000 --> 01:11:43,000 So I think in the presentation, have you thought about Denton because of blah, blah, blah, blah, blah? 885 01:11:43,000 --> 01:11:51,000 Yeah, I think that's a great opportunity to tell the Denton story better. 886 01:11:51,000 --> 01:11:53,000 I'll use this as an opportunity. 887 01:11:53,000 --> 01:12:00,000 How do you feel like Denton is perceived right now by the greater Dallas-Fort Worth region? 888 01:12:00,000 --> 01:12:02,000 Obviously, it depends on who you talk to. 889 01:12:02,000 --> 01:12:07,000 Generally, is the business community thinking of Denton as they are, 890 01:12:07,000 --> 01:12:09,000 or what do they think about it right now? 891 01:12:09,000 --> 01:12:10,000 It's our way. 892 01:12:10,000 --> 01:12:13,000 Are those impressions based on the current reality, 893 01:12:13,000 --> 01:12:17,000 or is it based on something they experienced 10 or 15 years ago? 894 01:12:17,000 --> 01:12:19,000 What's your general impression? 895 01:12:19,000 --> 01:12:24,000 But a lot of what you hear is, and we've all heard this a million times, 896 01:12:24,000 --> 01:12:29,000 and I hear it from people outside that believe it's difficult doing business here. 897 01:12:29,000 --> 01:12:32,000 Difficult doing business, that's what you hear. 898 01:12:32,000 --> 01:12:37,000 Don't make them bother, it's difficult to get through the processes. 899 01:12:37,000 --> 01:12:40,000 Okay, I mean that's a permanent process. 900 01:12:40,000 --> 01:12:43,000 And again, that's not, I'm saying this is a holdover. 901 01:12:43,000 --> 01:12:46,000 We have a lot of new, 902 01:12:46,000 --> 01:12:49,000 but I think that that's something that we have fought, at least in the past, 903 01:12:49,000 --> 01:12:53,000 is that perception that we are a difficult place to do business. 904 01:12:53,000 --> 01:12:56,000 I mean, yeah, this is not news to anyone here. 905 01:12:56,000 --> 01:12:58,000 But it's out there. 906 01:12:58,000 --> 01:13:01,000 Yeah, well, I will say that I have worked in communities, 907 01:13:01,000 --> 01:13:07,000 but the Frisco's of the world have basically had how many acres that started from scratch, 908 01:13:07,000 --> 01:13:09,000 and they were in a growth mode. 909 01:13:09,000 --> 01:13:12,000 So anybody who approached them, yeah, we got the land, here's the incentives, 910 01:13:12,000 --> 01:13:15,000 here's the package, here's the process, here we go. 911 01:13:15,000 --> 01:13:21,000 Cities that have been around for a while, it's always more difficult. 912 01:13:21,000 --> 01:13:24,000 You know, it's always more difficult because you're dealing with a legacy, 913 01:13:24,000 --> 01:13:27,000 and you're dealing with a state that's having a redevelopment. 914 01:13:27,000 --> 01:13:30,000 So it's not atypical for there to be a recession. 915 01:13:30,000 --> 01:13:34,000 I would say something that we could do a better job of selling that aspect, 916 01:13:34,000 --> 01:13:40,000 versus just come here to visit, eat at the restaurants, or see a concert. 917 01:13:40,000 --> 01:13:43,000 I don't know that we do as good of a job of selling. 918 01:13:43,000 --> 01:13:45,000 We're open for business, we're open for business. 919 01:13:45,000 --> 01:13:47,000 Yeah. 920 01:13:47,000 --> 01:13:50,000 We'd like to know more business and reputation. 921 01:13:50,000 --> 01:13:52,000 Gotcha. 922 01:13:52,000 --> 01:13:54,000 I want to throw out a weird one. 923 01:13:54,000 --> 01:13:55,000 Oh, gosh. 924 01:13:55,000 --> 01:13:58,000 More weird than Jill's. 925 01:13:58,000 --> 01:13:59,000 I know. 926 01:13:59,000 --> 01:14:01,000 You set the bar pretty high there. 927 01:14:01,000 --> 01:14:05,000 [Laughter] 928 01:14:05,000 --> 01:14:08,000 I'm going to say the Golden Triangle Mall. 929 01:14:08,000 --> 01:14:10,000 Oh, that's a good one. 930 01:14:10,000 --> 01:14:14,000 As retail and all those kind of things change, 931 01:14:14,000 --> 01:14:21,000 that is a very valuable, very high-profile tract of land in the city, 932 01:14:21,000 --> 01:14:25,000 and that could be a tech sector or something. 933 01:14:25,000 --> 01:14:28,000 That could be transitioned into something easy for me to say, 934 01:14:28,000 --> 01:14:33,000 oh, how to do something with somebody else's land or buildings or whatever, 935 01:14:33,000 --> 01:14:39,000 but that may be ripe for redevelopment at some point in time. 936 01:14:39,000 --> 01:14:48,000 Well, I do think you guys are at a point now where you have a lot of really good things happening. 937 01:14:48,000 --> 01:14:51,000 And as a consequence, it's not that you can rest. 938 01:14:51,000 --> 01:14:57,000 The pressure on infrastructure and everything else, you're overtaxed in a lot of different areas. 939 01:14:57,000 --> 01:15:00,000 But this isn't just about the next two years or the next three years. 940 01:15:00,000 --> 01:15:03,000 We really need to be thinking five, 10 years. 941 01:15:03,000 --> 01:15:08,000 And so that mall is an opportunity over the next 10 years. 942 01:15:08,000 --> 01:15:10,000 What could it be transformed into? 943 01:15:10,000 --> 01:15:12,000 And if we're thinking now about it, 944 01:15:12,000 --> 01:15:17,000 we could take actions that permit it from becoming something we don't want it to become. 945 01:15:17,000 --> 01:15:24,000 But it's kind of like a point already about the discovery of the University of North Texas. 946 01:15:24,000 --> 01:15:27,000 It's like, how is it summed around it? 947 01:15:27,000 --> 01:15:31,000 Is it all going to become single-family or multi-family? 948 01:15:31,000 --> 01:15:37,000 And before you know it, we don't have a spot to put the next kept project that might come here. 949 01:15:37,000 --> 01:15:44,000 So now is the time to have those discussions so that you can make those decisions. 950 01:15:44,000 --> 01:15:47,000 It's not weird. 951 01:15:47,000 --> 01:15:50,000 Yeah, just on that note, though, following through for thinking down, 952 01:15:50,000 --> 01:15:56,000 because right now that's the only place for retail, I mean for shopping. 953 01:15:56,000 --> 01:16:00,000 And so if we're talking about getting rid of that, then we need to talk about another, 954 01:16:00,000 --> 01:16:07,000 making sure another place to shop, you know, Macy's, Dillard's, to have a place to go shop for clothes. 955 01:16:07,000 --> 01:16:09,000 So it's just kind of an all-in. 956 01:16:09,000 --> 01:16:14,000 That area over there in the mall and the Dent Crossing is on my list to talk about. 957 01:16:14,000 --> 01:16:18,000 The south side is my concern. 958 01:16:18,000 --> 01:16:23,000 Now, I really like that Razor Ranch is there, but it's doing a lot of cannibalization, 959 01:16:23,000 --> 01:16:29,000 and not just that there's also some retail issues out right now. 960 01:16:29,000 --> 01:16:35,000 We've lost Motherhood Maternity Dress Barn, Famous Footwear, Golden Corral, and Fudd Ruckers, 961 01:16:35,000 --> 01:16:40,000 all in Dent Crossing, and that's the one that the incentive just expired on. 962 01:16:40,000 --> 01:16:50,000 So that's a concern on the south side that we're losing a lot of restaurants and shopping. 963 01:16:50,000 --> 01:16:55,000 So we're talking about redevelopment, and we need to think about all of it. 964 01:16:55,000 --> 01:17:00,000 We got excited at one time when the Razor Ranch development was going in 965 01:17:00,000 --> 01:17:09,000 because it was supposed to be a mix, and that word really, you know, having lived in other places, 966 01:17:09,000 --> 01:17:16,000 you know, when you have a place where you can get a nice meal, you can watch a show, you can shop, 967 01:17:16,000 --> 01:17:21,000 and you can live in that community, that mix sounds very, very attractive. 968 01:17:21,000 --> 01:17:26,000 So when I heard it, it really appealed to me, but it's taken us a long time to get there. 969 01:17:26,000 --> 01:17:32,000 I don't know how many bankruptcies have we had out there at Razor Ranch, you know? 970 01:17:32,000 --> 01:17:34,000 I mean, and the developers trying to develop that project. 971 01:17:34,000 --> 01:17:39,000 I think there's been at least two or three, you know, and so we've not gotten there. 972 01:17:39,000 --> 01:17:46,000 So I'd like to see a similar type of excitement over the transformation from a town 973 01:17:46,000 --> 01:17:54,000 that used to be known as the sidewalks roll up at 6 o'clock, and we moved here in '83. 974 01:17:54,000 --> 01:17:55,000 That's what we were told. 975 01:17:55,000 --> 01:18:00,000 There was no McDonald's, and basically the city shuts down at 5 or 6. 976 01:18:00,000 --> 01:18:05,000 So dealing with that kind of history, which a lot of people still hold on to, you know, 977 01:18:05,000 --> 01:18:10,000 we've got to come up with a different moniker when people think of it. 978 01:18:10,000 --> 01:18:18,000 I do know when I landed at DFW Airport yesterday, and I just pulled out the dent, 979 01:18:18,000 --> 01:18:20,000 and I thought, well, we're going to eat tonight. 980 01:18:20,000 --> 01:18:23,000 Of course, I went to the downtown, and I was like, what? 981 01:18:23,000 --> 01:18:28,000 There's like a dozen places, and they don't close at 6. 982 01:18:28,000 --> 01:18:30,000 And you're out there staying up until 10, 11 o'clock. 983 01:18:30,000 --> 01:18:33,000 There's a couple of bars, and you're staying up until 2 a.m. 984 01:18:33,000 --> 01:18:37,000 I was like, okay, things have changed. 985 01:18:37,000 --> 01:18:38,000 Let's get the word out. 986 01:18:38,000 --> 01:18:46,000 But I do think your point, going back to Razor Ranch and the history of that type of project 987 01:18:46,000 --> 01:18:49,000 and what was promised in the beginning, and then there's the recession, 988 01:18:49,000 --> 01:18:51,000 and there's the bankruptcies. 989 01:18:51,000 --> 01:18:57,000 I mean, you've got to take that into consideration as you think about the next 20 years 990 01:18:57,000 --> 01:19:01,000 and the kinds of projects you're going to support and the reality of what might happen 991 01:19:01,000 --> 01:19:04,000 and the way it might happen. 992 01:19:04,000 --> 01:19:05,000 What else? Anything else? 993 01:19:05,000 --> 01:19:06,000 Yeah. 994 01:19:06,000 --> 01:19:08,000 We're going to close up here over the next five minutes, 995 01:19:08,000 --> 01:19:12,000 and so if you're not telling me things right now... 996 01:19:12,000 --> 01:19:16,000 The North Texas Fair and Rodeo, the new plant facility. 997 01:19:16,000 --> 01:19:18,000 I had no idea. 998 01:19:18,000 --> 01:19:20,000 Good point. 999 01:19:20,000 --> 01:19:26,000 That would be, I mean, to me, a huge expo center in North Arena or Rodeo. 1000 01:19:26,000 --> 01:19:27,000 Is it in Denton? 1001 01:19:27,000 --> 01:19:28,000 Yeah. 1002 01:19:28,000 --> 01:19:30,000 Okay, I thought it was in... 1003 01:19:30,000 --> 01:19:32,000 I looked 28. 1004 01:19:32,000 --> 01:19:36,000 It's close to signing in between Denton and signing your archipelago office. 1005 01:19:36,000 --> 01:19:37,000 It might not be Denton. 1006 01:19:37,000 --> 01:19:43,000 It'll bring visitors in. 1007 01:19:43,000 --> 01:19:46,000 It'll bring events, expos, you'll meet conventioneers. 1008 01:19:46,000 --> 01:19:50,000 The people who utilize it will stay in Denton and spend their time in Denton. 1009 01:19:50,000 --> 01:19:54,000 And then, I think it's something cute. 1010 01:19:54,000 --> 01:19:57,000 I know I said athletic facilities on the university, something like that, 1011 01:19:57,000 --> 01:20:01,000 but there's an opportunity for an athletic complex for basketball, volleyball, 1012 01:20:01,000 --> 01:20:08,000 indoor courts, again, to help attract some groups, national, regional groups. 1013 01:20:08,000 --> 01:20:13,000 It'll help improve the quality of our athletes, the students here. 1014 01:20:13,000 --> 01:20:17,000 We're at really, you talked about it, we're at a competitive disadvantage. 1015 01:20:17,000 --> 01:20:18,000 Right. 1016 01:20:18,000 --> 01:20:19,000 Kids growing up here. 1017 01:20:19,000 --> 01:20:24,000 We don't have a lot of practice facilities for our youth. 1018 01:20:24,000 --> 01:20:31,000 Well, anything else, Jimmy, anybody that hasn't spoken up? 1019 01:20:31,000 --> 01:20:34,000 So, I will let you know that this is the beginning. 1020 01:20:34,000 --> 01:20:39,000 And so, when we come back out next time, we're going to have another opportunity to hear from you. 1021 01:20:39,000 --> 01:20:42,000 We're also going to send this presentation out with the questions. 1022 01:20:42,000 --> 01:20:45,000 And if you've got additional things that come to you, 1023 01:20:45,000 --> 01:20:50,000 you'll be able to send that back to us and say, "Hey, I forgot to talk about this." 1024 01:20:50,000 --> 01:20:55,000 But we've got a series of roundtables scheduled for the rest of today and tomorrow, 1025 01:20:55,000 --> 01:20:58,000 so I'm sure we'll hear a whole lot more. 1026 01:20:58,000 --> 01:21:00,000 And then when we come back together with you guys next month, 1027 01:21:00,000 --> 01:21:05,000 we'll share everything that we've heard, you know, all the different concerns, 1028 01:21:05,000 --> 01:21:10,000 what they think the opportunities are, each of the different roundtables. 1029 01:21:10,000 --> 01:21:13,000 And then we'll be calling back from you guys for some individual interviews. 1030 01:21:13,000 --> 01:21:16,000 If there's somebody that wants to have a phone call with us, 1031 01:21:16,000 --> 01:21:20,000 we're happy to schedule that. If there's something else on your mind, 1032 01:21:20,000 --> 01:21:23,000 something you want to share, a project, anything else. 1033 01:21:23,000 --> 01:21:27,000 We really, like I said, we're drinking from a fire hose right now, 1034 01:21:27,000 --> 01:21:30,000 and that's the way we like it, because this is the discovery of the period. 1035 01:21:30,000 --> 01:21:34,000 This is when we really want to hear from you. 1036 01:21:34,000 --> 01:21:38,000 So, can I ask one, actually more so for the group, 1037 01:21:38,000 --> 01:21:45,000 as someone that's been here three years, what I see is a number of, 1038 01:21:45,000 --> 01:21:49,000 and if we look at this in the five-year window, not the next year, 1039 01:21:49,000 --> 01:21:55,000 but in the five-year window, a number of our professionals, 1040 01:21:55,000 --> 01:22:02,000 physicians, CPAs, attorneys, I look at it from the healthcare side. 1041 01:22:02,000 --> 01:22:09,000 It is designed several years back where those practices are single practice groups. 1042 01:22:09,000 --> 01:22:17,000 And as we look at going from an 80,000 to 140,000 population, 1043 01:22:17,000 --> 01:22:20,000 the ability to recruit into those is difficult, 1044 01:22:20,000 --> 01:22:23,000 and I don't know about the other professionals as well, 1045 01:22:23,000 --> 01:22:29,000 but also the ability over the next five years to backfill at the accurate pace, 1046 01:22:29,000 --> 01:22:36,000 I think is something that the city can look at and engage in as well. 1047 01:22:36,000 --> 01:22:40,000 And then, secondarily to that, where do these folks live 1048 01:22:40,000 --> 01:22:46,000 in the type of houses and communities that they want to live in as well? 1049 01:22:46,000 --> 01:22:48,000 Anything on that? 1050 01:22:48,000 --> 01:22:53,000 I haven't heard housing from up yet, but that's critical. 1051 01:22:53,000 --> 01:22:55,000 Housing is an issue. 1052 01:22:55,000 --> 01:22:58,000 We've heard that from one of the other medical facilities as well, 1053 01:22:58,000 --> 01:23:02,000 is we can attract the top talent physicians and medical professionals, 1054 01:23:02,000 --> 01:23:04,000 but they don't live here. 1055 01:23:04,000 --> 01:23:10,000 We want to live in a tiny, good, good area. 1056 01:23:10,000 --> 01:23:12,000 Yeah, and the number of communities right now 1057 01:23:12,000 --> 01:23:15,000 that are addressing what's called workforce housing, 1058 01:23:15,000 --> 01:23:21,000 you know, having a spot for teachers and for emergency responders and others, 1059 01:23:21,000 --> 01:23:23,000 that gap in the middle. 1060 01:23:23,000 --> 01:23:26,000 Low income got covered, some of the high-end income they have covered, 1061 01:23:26,000 --> 01:23:28,000 but there's a big gap in the middle. 1062 01:23:28,000 --> 01:23:32,000 And I haven't looked at the numbers here and whether that's an issue for you guys or not. 1063 01:23:32,000 --> 01:23:36,000 Interesting further conversation would be the slide that you showed 1064 01:23:36,000 --> 01:23:39,000 where it showed workforce living and working and didn't. 1065 01:23:39,000 --> 01:23:41,000 It hadn't changed. 1066 01:23:41,000 --> 01:23:43,000 It didn't seem like the middle column. 1067 01:23:43,000 --> 01:23:44,000 It didn't change. 1068 01:23:44,000 --> 01:23:45,000 It hadn't changed hardly any. 1069 01:23:45,000 --> 01:23:48,000 I think that's what we talked about, being able to keep our talent here 1070 01:23:48,000 --> 01:23:52,000 and providing the proper, you know, homes and residences 1071 01:23:52,000 --> 01:23:55,000 so people can buy and live here and work here. 1072 01:23:55,000 --> 01:24:00,000 No, that's great, and that's the stuff we'll keep digging into. 1073 01:24:00,000 --> 01:24:04,000 And, you know, thankfully the city has shared with us all the other documents, 1074 01:24:04,000 --> 01:24:07,000 comp plan, other studies that have been done, 1075 01:24:07,000 --> 01:24:11,000 so we have a lot of homework to go through that and make sure that, you know, 1076 01:24:11,000 --> 01:24:14,000 we understand everything else that's going on. 1077 01:24:14,000 --> 01:24:16,000 But it's moving fast right now. 1078 01:24:16,000 --> 01:24:20,000 I mean, I get to work in a lot of cities across the state, across the country, 1079 01:24:20,000 --> 01:24:24,000 and you guys really, there's that sense when you come to this community right now 1080 01:24:24,000 --> 01:24:27,000 and I'm being told about new high school being built, 1081 01:24:27,000 --> 01:24:31,000 I'm told about, you know, extension of the runway, I'm told about, you know, 1082 01:24:31,000 --> 01:24:33,000 of course I'm getting the economic development. 1083 01:24:33,000 --> 01:24:34,000 Okay, it's part of it. 1084 01:24:34,000 --> 01:24:40,000 You know, expansion of 288 coming around, the coal and hunter. 1085 01:24:40,000 --> 01:24:42,000 I mean, how many units? 1086 01:24:42,000 --> 01:24:43,000 Seven thousand? 1087 01:24:43,000 --> 01:24:48,000 Seven thousand units, what that's going to do to that corridor. 1088 01:24:48,000 --> 01:24:53,000 I mean, you just got six miles closer to Fort Worth, you know, 1089 01:24:53,000 --> 01:24:57,000 with that one development. 1090 01:24:57,000 --> 01:25:01,000 And you, development is going to happen here. 1091 01:25:01,000 --> 01:25:05,000 We are in the state of Texas and it is going to happen 1092 01:25:05,000 --> 01:25:08,000 because we don't necessarily have the same tools that, 1093 01:25:08,000 --> 01:25:12,000 we don't want the same tools that California or the Pacific Northwest has. 1094 01:25:12,000 --> 01:25:15,000 So the development is going to happen and it's really about directing it 1095 01:25:15,000 --> 01:25:18,000 and doing it in a smart way. 1096 01:25:18,000 --> 01:25:22,000 And that's been our experience and you guys are in that path of growth 1097 01:25:22,000 --> 01:25:27,000 on this side of town and you've got something that nobody else really has in the DFW area. 1098 01:25:27,000 --> 01:25:32,000 You've got that authentic sort of downtown and university, college town, 1099 01:25:32,000 --> 01:25:36,000 quirkiness, weirdness, inclusivity, diversity. 1100 01:25:36,000 --> 01:25:39,000 You've got some things that people across the country right now 1101 01:25:39,000 --> 01:25:43,000 are making decisions about where they live based on those factors. 1102 01:25:43,000 --> 01:25:45,000 And they haven't done that in the past. 1103 01:25:45,000 --> 01:25:49,000 It was all about where can I get a job and where can I, you know, make the most money. 1104 01:25:49,000 --> 01:25:55,000 Now it's, you know, I can live in the DFW area and work for a company out of Chicago. 1105 01:25:55,000 --> 01:25:57,000 You know, all I need is access to that. 1106 01:25:57,000 --> 01:26:03,000 And if I, do I want to live in, you know, a recently manufactured community? 1107 01:26:03,000 --> 01:26:07,000 Do I want to go to a place that feels like they're paying attention to redevelopment 1108 01:26:07,000 --> 01:26:10,000 and they're paying attention to the music scene and the other things? 1109 01:26:10,000 --> 01:26:15,000 So you guys got it going on and I think that there's a unique point in history right now 1110 01:26:15,000 --> 01:26:20,000 for you guys to make sure you maintain that sort of sense, place that you have 1111 01:26:20,000 --> 01:26:25,000 while at the same time taking advantage of a lot of the growth that's going to happen. 1112 01:26:25,000 --> 01:26:27,000 Tom, I have a question. 1113 01:26:27,000 --> 01:26:34,000 When Austin makes its pitch to potential companies, 1114 01:26:34,000 --> 01:26:39,000 do they employ Flugerville and Round Lock and the surrounding areas 1115 01:26:39,000 --> 01:26:42,000 to help them with their draw? 1116 01:26:42,000 --> 01:26:46,000 Yeah, because a lot of times for Austin, and Charlie knows this since he was in Round Lock, 1117 01:26:46,000 --> 01:26:49,000 the best location may not be in the city of Austin. 1118 01:26:49,000 --> 01:26:50,000 Yeah. 1119 01:26:50,000 --> 01:26:57,000 [inaudible] 1120 01:26:57,000 --> 01:27:02,000 Austin's really good about realizing this is not going to fit here, 1121 01:27:02,000 --> 01:27:06,000 but make sure it stays in the market and not go to school. 1122 01:27:06,000 --> 01:27:16,000 [inaudible] 1123 01:27:16,000 --> 01:27:23,000 Are we tapping our neighbors to make sure we have as much leverage as possible? 1124 01:27:23,000 --> 01:27:27,000 Yeah, he's talking about the expo center. 1125 01:27:27,000 --> 01:27:32,000 That's a huge influx for them, but you're not having to play for it. 1126 01:27:32,000 --> 01:27:34,000 I mean, it's going to be covered. 1127 01:27:34,000 --> 01:27:37,000 Yeah, and I can't remember if it was a commissioner or if it was you, Erica, 1128 01:27:37,000 --> 01:27:40,000 that talked about the opportunity for collaboration. 1129 01:27:40,000 --> 01:27:41,000 Or is this getting? 1130 01:27:41,000 --> 01:27:42,000 [inaudible] 1131 01:27:42,000 --> 01:27:46,000 Yeah, just knowing what your neighbors are up to. 1132 01:27:46,000 --> 01:27:48,000 And a lot of times you're going to continue to compete, 1133 01:27:48,000 --> 01:27:53,000 but just knowing what they're up to and being able to share a little bit of information 1134 01:27:53,000 --> 01:27:58,000 and saying, "Hey, you guys are further ahead than we are on developing your convention," 1135 01:27:58,000 --> 01:28:02,000 or whatever it is, like, "Wow, we need to give that up. 1136 01:28:02,000 --> 01:28:08,000 Let you guys take that, and we'll take this other asset." 1137 01:28:08,000 --> 01:28:12,000 So this is a perfect start for us. 1138 01:28:12,000 --> 01:28:15,000 I know you've got other issues that are probably burning, 1139 01:28:15,000 --> 01:28:22,000 and we're going to have opportunities to hear everything throughout this process. 1140 01:28:22,000 --> 01:28:25,000 But I will let you know that this is where I have some of the dates. 1141 01:28:25,000 --> 01:28:29,000 We are going to be back the 11th through the 13th. 1142 01:28:29,000 --> 01:28:34,000 And remind me, Jessica, is there a date in there? 1143 01:28:34,000 --> 01:28:37,000 The 12th is the date. 1144 01:28:37,000 --> 01:28:39,000 Is that our normal meeting? 1145 01:28:39,000 --> 01:28:41,000 That's the second Wednesday. 1146 01:28:41,000 --> 01:28:47,000 Yeah, so we'll send a notice back out to you guys just so that you have this calendar 1147 01:28:47,000 --> 01:28:50,000 and you can make sure that you've got it. 1148 01:28:50,000 --> 01:28:54,000 But over that period of time, we're going to do additional focus group meetings and interviews. 1149 01:28:54,000 --> 01:28:58,000 We'll bring you guys back together, and then we're going to share with you 1150 01:28:58,000 --> 01:29:00,000 some of the things that we've heard. 1151 01:29:00,000 --> 01:29:04,000 And we'll do some additional research on some of the projects. 1152 01:29:04,000 --> 01:29:08,000 And then we'll be back for what we call an opportunity workshop in March. 1153 01:29:08,000 --> 01:29:09,000 That's what we're saying. 1154 01:29:09,000 --> 01:29:16,000 Okay, here are the things that make the most sense for you to apply resources to going forward. 1155 01:29:16,000 --> 01:29:22,000 Let's start thinking about what does that really mean for you to commit to that. 1156 01:29:22,000 --> 01:29:32,000 And we'll have sort of a prioritization workshop in April and then a final there in May. 1157 01:29:32,000 --> 01:29:33,000 That's where we are. 1158 01:29:33,000 --> 01:29:35,000 Thank you guys very much. 1159 01:29:35,000 --> 01:29:40,000 And we do have another meeting here in about 15 minutes with the Chamber. 1160 01:29:40,000 --> 01:29:43,000 But we're going to stick around for a few minutes. 1161 01:29:43,000 --> 01:29:47,000 So if there's something else you wanted to say, feel free to come catch us. 1162 01:29:47,000 --> 01:29:52,000 We'll send all of this back out to you along with the questions again. 1163 01:29:52,000 --> 01:29:55,000 Tell us what you're thinking. 1164 01:29:55,000 --> 01:30:01,000 If you want to get on phone with us at any point, just let Jessica know and we'll arrange that. 1165 01:30:01,000 --> 01:30:06,000 We'll be back here in about a month. 1166 01:30:06,000 --> 01:30:10,000 And I will reiterate that when we say we want your honest feedback, 1167 01:30:10,000 --> 01:30:14,000 we mean it in whatever capacity you want to give it in. 1168 01:30:14,000 --> 01:30:18,000 If you feel more comfortable providing it in writing or if you want to talk to Tom on the phone, 1169 01:30:18,000 --> 01:30:20,000 certainly reach out to me. 1170 01:30:20,000 --> 01:30:24,000 This board is meant to help us guide this plan forward. 1171 01:30:24,000 --> 01:30:26,000 And so you're serving as the steering committee. 1172 01:30:26,000 --> 01:30:34,000 So if you are hearing things or you hear from your colleagues or coworkers or fellow professionals in your industries, 1173 01:30:34,000 --> 01:30:38,000 if you're hearing things, we want to know what they have to say. 1174 01:30:38,000 --> 01:30:40,000 This is meant to be an open process, a transparent one. 1175 01:30:40,000 --> 01:30:45,000 This is about this community having a plan to move forward for. 1176 01:30:45,000 --> 01:30:48,000 So if you have information, please share it. 1177 01:30:48,000 --> 01:30:57,000 And I sincerely mean that in whatever capacity that you want to share that information. 1178 01:30:57,000 --> 01:30:58,000 Thank you guys very much. 1179 01:30:58,000 --> 01:30:59,000 Thank you.