irvingchamber.com 2016 Annual Report

Demographics Workforce Irving is the 13th largest city in the state and has increased in The North Texas region adds 360 new residents every day. That means population by 12.9% over the last decade. With several Transit more homes, infrastructure needs and a growing workforce. Irving’s Oriented Developments (TOD) coming out of the ground, the city will future job growth over the next two decades is projected to increase see continued growth with a potential build out population projected 42.8% or 90,000 new jobs. The success of the Irving Economic to be 320,000 depending on the exact housing densities within the TOD Development Partnership* “wins” continues to contribute to Irving’s sites and the final mix of uses proposed for the former stadium site low unemployment rate. (Planned Unit Development #6). IRVING IS THE SECOND LARGEST MAJOR 218,000 2 REGIONAL EMPLOYMENT CENTER NUMBER OF CURRENT IRVING HAS THE MOST DIVERSE ZIP CODE NORTH TEXAS IS IN THE U.S. AND IS THE 7TH MOST JOBS IN IRVING $ MEDIAN HOUSEHOLD THE 4TH LARGEST INCOME IN IRVING 32 DIVERSE CITY IN AMERICA WITH OVER 50,778 90 NATIONALITIES REPRESENTED. METROPOLITAN PERCENTAGE OF RESIDENTS MEDIAN AGE IN IRVING – BUSINESS INSIDER – AREA IN THE U.S. LAS COLINAS NORTH TEXAS’ LARGEST OFFICE PARK 24% WHO WORK WITHIN THE CITY POPULATION TOP 5 INDUSTRIES IN IRVING FINANCIAL TRANSPORTATION SERVICES & UTILITIES

37,133 232,413 7,102,796 HOSPITALITY PROFESSIONAL & TRADE BUSINESS SERVICES

SOURCE: US CENSUS BUREAU, AMERICAN COMMUNITY SURVEY, TEXAS WORKFORCE COMMISSION, TRACER

LAS COLINAS IRVING DFW METROPLEX *The Irving Economic Development Partnership is a strategic collaboration of the Irving-Las Colinas Chamber, City of Irving, the Irving Convention & Visitors Bureau, Las Colinas Association, Dallas County Utility and Reclamation District and private investors. The partnership exists to fuel business growth, promote new capital investment, create high- SOURCE: US CENSUS BUREAU quality jobs and improve Irving-Las Colinas’ quality of life.

$ Economic Development $ 193.48 63,574,303 IN PUBLIC ECONOMIC DEVELOPMENT FUNDING 2016 was a dynamic year for economic development with the creation TAXABLE SALES = of 4,232 new jobs and the retention of some 3,805 jobs. The Las Colinas 1 JOB submarket has the lowest vacancy rate since the 1990s. The Irving 3,805 2,300,737 4,232 CREATED IN IRVING SQ.FT. OFFICE SPACE Economic Development Partrnership has driven diverse economic RETAINED NEW LEASED / PURCHASED / $ JOBS JOBS CONSTRUCTED 1 development “wins” and successful retention and expansion projects. IN PUBLIC ECONOMIC Our world-class infrastructure, diversity, amenities and transportation DEVELOPMENT FUNDING $ = opportunities make Irving-Las Colinas highly-desirable to businesses 286,400,000 $4.17 TAXABLE INVESTMENT SAVED IN TAXES ANNUALLY BY and their employees. THE AVERAGE IRVING HOUSEHOLD

RELOCATIONS SQUARE FOOTAGE RETENTIONS SQUARE FOOTAGE ADVANTA SEED 6,500 SQ.FT. AMERICAN AIRLINES 344,000 SQ.FT. ATOS IT SOLUTIONS 100,000 SQ.FT. AVERO 28,000 SQ.FT. FIRST AMERICAN TITLE 77,000 SQ.FT. CARDINAL FINANCIAL 30,000 SQ.FT. LOUIS VUITTON 25,000 SQ.FT. FASTSIGNS 8,500 SQ.FT. MAG* 45,000 SQ.FT. HEALTHCARE ASSOCIATES 160,000 SQ.FT. MCKESSON 525,000 SQ.FT. MICHAELS STORES HQ* 296,000 SQ.FT. OKI DATA 22,000 SQ.FT. MULTIVIEW 110,000 SQ.FT. OSG TOOLS 58,337 SQ.FT. NOKIA 292,000 SQ.FT. PABST BREWING 30,000 SQ.FT. PROGENITY 14,000 SQ.FT. PIN STACK 53,000 SQ.FT. UNITED HEALTH 76,400 SQ.FT.

* CORPORATE HEADQUARTERS * CORPORATE HEADQUARTERS

Chamber Investment Opportunities At the Irving-Las Colinas Chamber of Commerce, we call our members member-investors, because Irving-Las Colinas as members, businesses in Irving make an active contribution and work strategically together Chamber of Commerce toward the same mission. Our member-investors, board, committees, and staff come together to create, advance, and promote economic growth in our community. We’re currently more than 1,900 MAIN OFFICE The Towers at Williams Square member-investors strong, representing nearly 200,000 employees. As a Chamber member-investor, 5201 N. O’Connor Boulevard, Suite 100 you’ll benefit from: Irving, Texas 75039

CHAMBER INFORMATION CENTER Heritage Crossing District 135 S. Jefferson Street Irving, Texas 75060

TEL (214) 217-8484 Economic International Conduit to FAX (214) 389-2313 Freedom Jobs Trade Connectivity chamber irvingchamber.com irvingchamber.com The voice of business Lead our community’s Foster global accessibility Connect and provide to ensure pro-business plan of action to recruit and establish the Irving- purposeful lead generation facebook.com/irvingchamber legislation and regulations. businesses. Las Colinas reputation opportunities and foster twitter.com/irvingchamber as an international city for innovation. commerce and talent. Workforce Development Public Policy Priorities Irving consists of five public school districts, along with multiple Public policy significantly impacts businesses and their ability to charter and private schools. Irving schools spend $9,756 per student. operate. From transportation initiatives to workforce funding to tax There are 16 pupils per teacher, 507 students per librarian and 412 law, legislation influences the competitiveness and profitability of children per counselor in Irving. Irving ISD has been recognized by our businesses. The Irving-Las Colinas Chamber of Commerce uses an the College Board as its 2015 AP District of the Year. One Irving, now integrated approach to develop our policy positions and then proactively in its fifth year, is the Chamber’s five-year programmatic capital advocates for those positions at all levels – federal, state and local. campaign aimed at providing strategic education programs in Irving U.S. EXPORT-IMPORT BANK REAUTHORIZATION • The Chamber, working schools. Workforce development is key for Irving’s continued growth with our partners at the U.S. Chamber of Commerce (USCC) and the Texas and success. Irving is home to the University of Dallas, North Lake Association of Business (TAB), supported the reauthorization of the Export- College, Universal Technical Institute, DeVry University and Aviation Import Bank of the United States. Institute of Maintenance. OVERTIME RULE • In partnership with the USCC, TAB and Chambers across the state, the Irving Chamber joined efforts to challenge the Department of Labor’s

GRAND PRAIRIE ISD PRAIRIE GRAND new regulations in federal court. FARMERS BRANCH ISD FARMERS BRANCH CARROLLTON- IRVING ISD IRVING COLLEYVILLE ISD COLLEYVILLE GRAPEVINE- COPPELL ISD COPPELL FIDUCIARY RULE • The Chamber joined the USCC and TAB in challenging the 80% 36% Department of Labor’s Fiduciary Rule in federal court. VOICE OF BUSINESS AT LOCAL, STATE & FEDERAL LEVEL • In May, Chamber PERCENTAGE OF PERCENTAGE OF investors traveled to Washington D.C. to advocate for our federal priorities and IRVING- IRVING- LAS COLINAS LAS COLINAS small business issues on Capitol Hill. POPULATION WITH POPULATION WITH A HIGH SCHOOL A BACHELOR’S COMMITTEE TO INFORM VOTERS ON BUSINESS ISSUES (CIVBI) • The 5 PUBLIC SCHOOL DISTRICTS DIPLOMA DEGREE OR HIGHER Chamber will continue to actively support issue campaigns through our CIVBI IN IRVING SOURCE: US CENSUS BUREAU, SPERLING’S BEST PLACES PAC. We will provide a fair, consistent voice for balanced business policy.

Connecting North Texas Centrally-located in the heart of North Texas, Irving is a city built on transportation and a city built for business. From Irving’s proximity to Dallas/Fort Worth International Airport, the world’s 4th busiest airport and the economic engine for North Texas, to the Dallas Area Rapid Transit (DART) Orange Line, a key component of our region’s growing light rail system, Irving is nationally recognized as a leader in transportation and infrastructure.

Irving-Las Colinas Chamber of Commerce

84% 23 MINUTES WORKFORCE COMMUTES INTO IRVING AVERAGE TIME OF TRAVEL TO WORK IN IRVING

DART Rail Orange Line DART Rail Green Line SOURCE: US CENSUS BUREAU

Your Investment at Work Our Five-Star Chamber provides value to businesses in Irving and the Expenses North Texas region through networking, creating powerful business connections that drive results, and identifying marketing trends. We Recruiting New Businesses Protecting Irving’s Brand strive to be the experts and go-to source for our community and Retaining & Expanding business industry with a regional, national and international footprint. Existing Business Engaging Business / The Chamber has continued to improve productivity, value and results for our investors EXPENSES Lead Generation for Business while providing workforce training, economic development activity and advocacy. The $3,332,370 International Trade Chamber’s number of member-investors continues to grow nearly 3% every year. Workforce Development Legislative Advocacy

Revenue

Investments from CALLOWAY AT COWBOY CHICKEN EXPEDIA Member-Investors LAS COLINAS Public Funding for Economic Development Recruitment / Retention REVENUE Sister Cities / Trade Center $3,334,332 Other

FASTSIGNS MACARTHUR NEC CORPORATION HIGH SCHOOL OF AMERICA

Global Gateway Small Business Success The Irving-Las Colinas Chamber of Commerce continues to pave the way Four Irving-Las Colinas Chamber member-investors were selected by for international opportunities with businesses across North Texas and the U.S. Chamber of Commerce as 2016 DREAM BIG Blue Ribbon Award the world. The Irving Chamber’s International Trade Development and Winners, including a Regional Finalist, one of only seven across the nation. Assistance Center/Sister Cities Program (ITDAC) provides support to This prestigious award recognizes a company’s innovation and contribution to economic Irving companies interested in starting or expanding their international growth. The Chamber assists businesses in applying and leads a fly-in to Washington business activities. In 2016, ITDAC, in partnership and alignment with D.C. where winners are recognized at the U.S. Chamber’s Small Business Summit and the U.S.-Mexico Chamber of Commerce, DFW International Airport and advocate for small business interests on Capitol Hill. TexasOne, assisted more than 150 local companies and entrepreneurs The Chamber remains a resource for entrepreneurs, innovators and small businesses providing services like SCORE (Senior Core of Retired Executives) which offers business in expanding their international footprint. planning guidance, lead generation and vendor referrals. SCORE has assisted in the successful start-up of more than 50 businesses in Irving-Las Colinas in the last seven years. COMPANIES WITH GLOBAL HEADQUARTERS IN IRVING CREATING AND MANAGING WEALTH, LLC DHD FILMS SOUTHWEST & SOUTH CENTRAL REGIONAL FINALIST

EXPRESS EMPLOYMENT IRVING CARES PROFESSIONALS