1340 Wonder World DR, Ste. 108 San Marcos, Texas 78666

1340 Wonder World DR, Ste. 108
San Marcos, Texas 78666
GreaterSanMarcosTx.com
All rights reserved. © 2015 Greater San Marcos Partnership
The Road Ahead
Timing is everything!
If you’ve seen the news recently, you know that
If you have already invested in the Partnership,
the Greater San Marcos region has been garnering
I want you to know how much we appreciate your
a lot of positive attention as the center of the most
support. Now, I invite you to consider increased
dynamic corridor in the country. Thanks in large
participation in our efforts. If you aren’t an investor
part to the collaboration of our regional investors,
yet, I encourage you to look at where we’ve been
the Greater San Marcos Partnership (GSMP) has
and see where we’re going as we continue to
been able to leverage public sector funds with
build our future as a thriving region by creating
private sector dollars to further each community’s
opportunities for our communities and citizens.
individual reach. Through these efforts, we
developed a five-year program of work designed
This is our mission. Come join us on this exciting
to help us to fulfill our mission: to strengthen our
next phase of our regional initiative. With your
regional economy through the creation of quality
help we can continue to build on this momentum
jobs for our citizens and increased investment.
and accomplish greater things. For information
Our plan is working. Since 2010 the Partnership
on how to join our growing list of investors, please
accomplishments include:
contact GSMP at laurieh@greatersanmarcostx.com
or call us at 512.393.3400.
• 241 projects worked
Onward and upward!
• 23 expansion/relocation announcements
• 1,300 jobs announced for our two-counties
Adriana Cruz
President, Greater San Marcos Partnership
Recent announcements include Fashion Glass
& Mirror, Redbird Skyport, Corvac Composites,
Image Microsystems, HHS, EPIC Piping and
Amazon to name a few. We’ve come a long way
in the past five years, but we’re just getting started.
Your support is key!
In order to continue to create quality jobs for the
communities in our region, we’ve updated our
economic development strategy for the next five
years. The Vision 2020 Strategy will require more
collaboration, resources and investment from
across the region to make sure we continue our
path to economic prosperity.
1
A Clear Path
Strategic Goals
Your investment will support the Partnership’s
D. Manage Quality Growth & Natural Resources
proven strategy to grow our regional economy.
The data proves it: Hays and Caldwell counties,
As part of a comprehensive effort to make the
taken together, are growing faster than nearly every
region as competitive as possible for new jobs,
region in the country, while San Marcos specifically
talent, and corporate investment, the Greater San
has been designated the fastest growing city in the
Marcos Partnership spent the past eight months
country three years in a row. Addressing growth
developing an updated economic development
issues will require the creation of policies and
strategy to enhance our existing efforts. Guided
safeguards to ensure that our growth is sustainable,
by a 45 member Steering Committee, the Vision
equitable and protects natural resources.
2020 Strategy is a consensus-based, achievable
economic development initiative to guide the
E. Enhance Destination Appeal
Partnership’s ongoing program of work on a path
Vision 2020 public input was clear: residents want
to short- and long-term regional prosperity.
more and better housing choices, dining and
entertainment variety, arts and cultural amenities,
A. Promote the Greater San Marcos Region
recreation opportunities, and dynamic downtowns.
We must define what differentiates Greater San
Many of these amenities will make our region more
Marcos as a preferred location for businesses,
competitive for companies and talent. Quality of
and promote these assets across the country
place and the environment provide great value
and abroad.
because they are foundational to the success of
modern economic development programs.
B. Support Quality Job Growth
If better jobs are to be created for existing and
future residents, we must diversify our regional
Just as the development of the strategy has been
economy. This will not be easy—competition for
a community effort, so will the implementation.
quality jobs has never been fiercer—but we can
This will require a cross-section of regional
leveraging existing assets to create sustainable,
investors, institutional partners, and municipalities
high-value economic growth.
working towards the positive and progressive
growth of the Greater San Marcos economy.
C. Optimize Local Talent
In order to be competitive, our region must
upgrade our existing talent pool to grow jobs in
this knowledge-based economy. We must better
connect existing and future employers with the
diverse and substantive regional education and
training opportunities.
3
Timeline
Targets
January 2009 – Partners for Progress engages Market
Street Services to develop an economic development
strategy for greater San Marcos
The Vision 2020 Strategy process identified target
industry sectors that will drive future employment
July 2010 – The Greater San Marcos Partnership organizes
growth and opportunity in the region.
October 2010 – Greater San Marcos Partnership begins
public-private fundraising campaign to raise $4 million
• Aerospace, Aviation, Security and Defense (MFG)
April 2011 – GSMP secures funding from 75 public-private
investors and opens new offices at 1340 Wonder World Dr.
• Business Services & Support
• Customer Care Services
• Data Centers
May 2011 – Redbird Skyport relocates to San Marcos
creating 30 jobs
• Material Sciences
• Research & Production (MFG)
November 2012 – STAR One, Texas State University’s first
building in their 50-acre research park opens
• Information Technology
May 2013 – San Marcos is named the fastest growing city
in the U.S. by the U.S. Census Bureau for the first time
• Life Sciences
• Biotechnology (MFG)
• Environmental Sciences (MFG)
June 2013 – Adriana Cruz joins as President of GSMP
November 2013 – Mensor expands creating 40 new jobs
and Corvac Composites creates 61 new jobs in San Marcos
• Regional Distribution
• Destination Attractions
May 2014 – San Marcos is named the fastest growing city
in the U.S. by the U.S. Census Bureau for the second time
Metrics for Success – We’ve identified metrics
June 2014 – GSMP engages Market Street Services to
develop the Vision 2020 Plan, the next five-year economic
development strategy for the region
to measure our performance against that will
demonstrate improvements to the region’s economy.
July 2014 – Fashion Glass & Mirror creates 100 new jobs
and $7 million investment in Lockhart
Metric
Latest Figure
Trend
Goal 2020
Total Employment
75,723 (2014)
92,760
95,296
Average Annual Wages
$43,494 (2013) $42,889 $44,152
Per Capita Income
$43,894 (2013) $42,297 $43,191
Poverty Rate
17.2% (2013)
16.60% 14.00%
Child Poverty Rate
26.6% (2013)
18.20% 16.20%
Total Employment from Relocations
300
Number of BRE Interactions 200
39 (2014)
December 2014 – PODS Enterprises Inc. creates 15 new
jobs in San Marcos
March 2015 – EPIC Piping opens facility in San Marcos
creating 350 new jobs; Hays County is named the fastestgrowing county in the state of Texas
May 2015 – San Marcos is named the fastest growing city
in the U.S. by the U.S. Census Bureau for the third time
Total Annual Funded Research (Thousands) $37,053 (2013) $58,084 $61,995
Population, Ages 25-44
61,300 (2013)
69,443
% of Adults with at Least Bachelor’s
30.2% (2013)
35.40% 38.00%
% of Adults with no HS Diploma
10.5% (2013)
9.10%
August 2014 – Tompkins TOMCAR creates 8 new jobs
in Dripping Springs and Fat Quarter Shop expands in Buda
creating 17 new jobs and $6 million investment
70,943
August 2015 - Amazon announces the opening of a new
fulfillment center in San Marcos, creating 1,000 permanent
full-time jobs and $191 million investment
7.90%
4
Quotes
The Greater San Marcos Partnership is an asset for the future of the City of San Marcos and the region.
I’m proud to serve on the Board of Directors and look forward to continuing to see great accomplishments
from the organization. — Mayor Daniel Guerrero, City of San Marcos
Texas State University is producing world-class graduates in a diverse range of fields. The work of the
Greater San Marcos Partnership helps to keep that talent local by providing them quality job opportunities
they otherwise wouldn’t have in this region. — Dr. Denise Trauth, President, Texas State University
The City of Kyle recognizes the importance of regional collaboration in order to be successful. Being
a regional partner in the GSMP has been a true value for our city. — Mayor Todd Webster, City of Kyle
Lockhart is extremely excited to have the opportunity to market and promote our two county region,
a region with no economical borders between Austin and San Antonio. We know that is bound to make
a bigger impact on corporate decision makers. — Mayor Lew White, City of Lockhart
The staff of GSMP work creatively, efficiently, and tirelessly to bring smart growth to our communities. They listen to our needs to support their purpose — more opportunities and better jobs for the folks
who live and move here. — Meagan McCoy Jones, SVP/COO, McCoy’s Building Supply
Greater San Marcos Partnership Wins
Company
Location
Type
JobsYear
Redbird Skyport
Xtreme Power
Image Microsystems
R-Water
Ampersand Art Supply
Rivercity Sportswear
Bautex
CSI
CMI
Deep Eddy Vodka
Engineered Filtration
L&M Supply
San Marcos
Kyle
Kyle
San Marcos
Buda
San Marcos
San Marcos
Buda
San Marcos
Dripping Springs
San Marcos
San Marcos
Relocation 30
Relocation 150
Relocation 131
Relocation 3
Relocation 75
Relocation 10
Relocation 14
Relocation52
Relocation 10
Relocation 50
Relocation 20
Relocation 20
FY11
FY11
FY11
FY12
FY12
FY12
FY12
FY13
FY13
FY13
FY13
FY13
Company
Location
Type
JobsYear
Quantum Materials
Twisted X
Corvac Composites
Mensor
Fashion Glass & Mirror
Fat Quarter Shop
Redbird Redhawk
TomCar
HHS
PODS Enterprises, Inc.
EPIC Piping
Amazon
San Marcos
Dripping Springs
San Marcos
San Marcos
Lockhart
Buda
San Marcos
Dripping Springs
Dripping Springs
San Marcos
San Marcos
San Marcos
Relocation
Relocation
Relocation
Expansion
Relocation
Expansion
Relocation
Relocation
Relocation
Relocation
Relocation
Relocation
5
8
61
40
100
103
15
10
80
15
350
1,000
TOTAL JOBS - 2,352
6
FY13
FY13
FY14
FY14
FY14
FY14
FY14
FY14
FY15
FY15
FY15
FY15
Budget 2016-2020
Greater San Marcos Partnership 5 Year Estimated Budget - $7.6 Million
•Promotion - $1,500,000
•Personnel - $2,300,000
•Job Growth - $2,075,000
•Talent - $200,000
•Resources - $25,000
•Destination - $170,000
•Operations - $1,400,000
5 Year
Year 1
Promotion$1,500,000
Promotion$300,000
Job Growth
Job Growth
$2,075,000
$415,000
Talent$200,000
Talent$40,000
Resources$25,000
Resources$5,000
Destination$170,000
Destination
Operations$1,400,000
Operations$280,000
Personnel$2,300,000
Personnel$460,000
TOTAL$7,670,000
TOTAL$1,500,000
7
Investor Levels
Lead Investor
Executive Investor
$100,000 + ($20,000 min./year)
$25,000 ($5,000 min./year)
• Leadership role in Strategy Implementation
Work Groups
• Admittance to monthly Economic Development
Committee Meetings
• Enhanced presence on the GSMP Website
and select marketing materials
• Option to participate in the GSMP Ambassador
Program
• Invitation to participate in outbound marketing trips
• Inclusion in Site Selector Resource Guide to
relocating companies
• Invitation to participate in inbound marketing trips
• Invitation to Quarterly Sponsor Meetings
• Participation in key prospect recruitment meetings
• Recognition on the GSMP Website and select
marketing materials
• Admittance to monthly Economic Development
Committee Meetings
• Subscription to E-newsletter
• Option to participate in the GSMP Ambassador
Program
Associate Investor
• Inclusion in Site Selector Resource Guide to
relocating companies
$7,500 ($1,500 min./year)
• Invitation to Quarterly Sponsor Meetings
• Invitation to Quarterly Sponsor Meetings
• Recognition on the GSMP Website and select
marketing materials
• Recognition on the GSMP Website and
select marketing materials
• Subscription to E-newsletter
• Subscription to E-newsletter
Principal Investor
Community Advocate $50,000 ($10,000 min./year)
• Subscription to E-newsletter
• Invitation to participate in outbound marketing trips
• Recognition on the GSMP Website
• Invitation to participate in inbound marketing trips
• Invitation to Groundbreakings, Ribbon Cuttings
and other Pivotal Announcements
• Participation in key prospect recruitment meetings
• Admittance to monthly Economic Development
Committee Meetings
• Option to participate in the GSMP Ambassador
Program
• Inclusion in Site Selector Resource Guide to
relocating companies
• Invitation to Quarterly Sponsor Meetings
• Recognition on the GSMP Website and select
marketing materials
• Subscription to E-newsletter
10