1 / 25

Growing Into the Future: How St. Tammany Can Maximize Its Potential

Growing Into the Future: How St. Tammany Can Maximize Its Potential. BGR Breakfast Briefing October 2, 2009 Covington Courtyard Marriott Ivan J. Miestchovich, Jr., Ph.D. Director and Associate Professor Institute for Economic Development and Real Estate Research

colm
Download Presentation

Growing Into the Future: How St. Tammany Can Maximize Its Potential

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Growing Into the Future:How St. Tammany Can Maximize Its Potential BGR Breakfast Briefing October 2, 2009 Covington Courtyard Marriott Ivan J. Miestchovich, Jr., Ph.D. Director and Associate Professor Institute for Economic Development and Real Estate Research University of New Orleans

  2. Drivers of Historic Growth in St. Tammany Parish – The Basics • Transportation Infrastructure • Causeway/I-10 – I-12 • Population Migration – Rooftops • Quality of Life • Quality Education • Trees – Rural/Ex-Urban Ambiance • Economic Growth of New Orleans Region • Rooftops – Maturing Business Mix • Retail – Office - Warehousing • Land Availability • Relatively Low Entry Barriers

  3. Drivers of Historic Growth in St. Tammany Parish – The Basics • Business Friendly Environment • Cooperative/Supportive Local Government • EDF and District • Strong Chambers of Commerce • Business Council • Business Sensitive State Delegation • Being Out of Harm’s Way • Higher Elevations/Lower Risk

  4. Northshore Population1970 to 2000, Estimates to 2008 Source: US Department of Commerce, Bureau of the Census 4

  5. Northshore Population by Parish1970 to 2000, Estimates to 2008 Source: US Department of Commerce, Bureau of the Census 5

  6. Northshore Population by Parish - 1970 Source: US Department of Commerce, Bureau of the Census 6

  7. Northshore Population by Parish2008 (Estimate) Source: US Department of Commerce, Bureau of the Census 7

  8. Summary of Population GrowthLouisiana Metropolitan Statistical Areas 1970 to 2000, 2008 Estimate Source: US Dept of Commerce, Bureau of the Census and Louisiana Tech University, College of Business Research Division 8

  9. Northshore Employment1980 to 2008 Source: US Department of Commerce, Bureau of the Census 9

  10. Northshore Employment by Parish1980 to 2008 Source: US Department of Commerce, Bureau of the Census 10

  11. Unemployment RateU.S., Louisiana, New Orleans MSA, St. Tammany Parish1995 – August 2008

  12. New Orleans Metro Economy Percent Recovered Source: UNO Division of Business and Economic Research, Metropolitan Report, September 2009

  13. St. Tammany ParishPercent Recovered Source: UNO Division of Business and Economic Research, Metropolitan Report, September 2009

  14. Residential Building PermitsSingle Family Housing Northshore and Louisiana, 2000 – July 2009 14

  15. New Single Family Construction Building Permits 2000 – 2005 2005 – July 2009 Source: US Census Bureau: Residential Building Permits

  16. New Multi-Family Construction Building Permits 2000 - 2005 2005 – July 2009 Source: US Census Bureau: Residential Building Permits

  17. Single Family Unit Sales VolumeNorthshore Parishes, 2005 – September 2009 Source: New Orleans Metropolitan Association of Realtors

  18. Single Family Average House PriceSt. Tammany Parish, 2005 – September 2009 Source: New Orleans Metropolitan Association of Realtors

  19. St. Tammany Parish Single Family- Active Listings vs. Sold Listings 1989 thru 2009 SECOND QUARTER Source: LATTER & BLUM Research Division Numbers are for existing residential property only. This representation is based in whole or in part on data supplied by New Orleans Metropolitan Association of Realtors, St. Tammany Association of Realtors, Tangipahoa Board of Realtors, Baton Rouge Board of Realtors or their Multiple Listing Services. Neither the Boards, Associations, nor their MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Boards, Associations or their MLS may not reflect all real estate activity for all years.

  20. Attracting Corporate Citizens. LLOG headquarters Wink office building,

  21. Economic Development Hierarchy Economic Growth & Diversification RESULTS: Benchmarks • Jobs • Income • Innovation • Wealth Creation • Capital Investment • Entrepreneurship Business & Industrial Development FOCUS Objectives • Recruitment • Retention • Promotion Goals Economic Development FOCUS: Infrastructure • Physical • Intellectual • Technological • Capacity Building • Community Buy-In • Leadership Map 21

  22. Drivers of St. Tammany’s Future Growth – Much The Same With Shifts • Transportation Infrastructure • I-10/I-12/I-55/I-59 • Horizontal Corridor Focus – Slidell to Baton Rouge • Quality of Life • Quality Education • Post-Secondary Expansion • Quality Jobs – Wealth - Prosperity • Economic Growth of Northshore Region • Emergent Diversified Region • Traditional and Evolving Linkages to New Orleans and Baton Rouge

  23. Drivers of St. Tammany’s Future Growth – Much The Same With Shifts • Business Friendly/Supportive Environment • Experienced, Recognized and Respected Leadership • Being Out of Harm’s Way • Seeking Higher Ground • With Superior Highway Network • Access to Local/Regional/National Markets

  24. Wednesday, October 28, 2009 Keynote Speaker: Secretary of Louisiana Economic Development Stephen Moret The Greater Covington Center 317 N. Jefferson Avenue, Covington, LA 8:00AM to 12:30PM Registration Information and Agenda: www.realestate.uno.edu or call 504.280.3120 Hosted by the University of New Orleans College of Business Administration & Institute for Economic Development and Real Estate Research

  25. Agenda Topics • Economic Development – Stephen Moret, Secretary of Louisiana Economic Development • Banking Panel – Panel of community bankers discussing the lending environment for • commercial real estate on the Northshore. Moderated by Larry LeBon, President, Chairman & CEO, Bank of New Orleans. • Real Estate Market Outlook: Moderated by Dr. Ivan Miestchovich, Director UNO Institute for Economic Development & Real Estate Research • Commercial and Industrial Panel: Grady Brame, Stirling Properties; Quentin Dastugue, Property One, Inc. and Michael Saucier, Gulf States Real Estate Services • Residential Panel: Terry Moore, Latter & Blum, Inc.; Larry Schedler, Larry G. Schedler & Associates, Inc. Louisiana Real Estate Commission Continuing Education Credits (4 Hours) Applied For.

More Related