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California Desert Association of Realtors. November 12, 2009. Carolyn Stark Executive Director, University of California, Riverside Palm Desert Graduate Center / Co-Chair, Desert Lyceum / CVEP Executive Committee Wes Ahlgren Director of Operations, CVEP. Population Statistics.
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California Desert Association of Realtors November 12, 2009
Carolyn Stark Executive Director, University of California, Riverside Palm Desert Graduate Center / Co-Chair, Desert Lyceum / CVEP Executive Committee • Wes Ahlgren Director of Operations, CVEP
Population Statistics 2009 Estimate 417,610 Growth 2000-2008 39.4% US Growth Rate 8.7% Seasonal Population 151,087 Source: Wheelers
California Realities California’s long-term economic prospects are fundamentally strong • California consistently experiences higher costs of doing business than other states.
California Realities Unemployment is persistently higher in California than in the nation.
California Realities California is a high-cost, high-benefit state. California workers, on average, earn 12 percent more than the national average.
California Realities However, output per worker in California is 13 percent above the national average. Thus, California’s higher productivity fully offsets the higher average wages.
California Realities California’s immediate neighbors—Nevada, Oregon, and Arizona—all pay their workers less and have lower output per worker.
California Realities Businesses are not fleeing the state. Rhetoric aside, California loses very few jobs to other states. Businesses rarely move either out of or into California and, on balance, the state loses only 11,000 jobs annually as a result of relocation—that’s just 0.06 percent of California’s 18 million jobs.
California Realities The working-age population is projected to grow more than 25 percent between 2010 and 2025 in much of inland California… …in California overall, that growth will be 13 percent.
Locality Statistics • 13077 or 46% students qualify for Free/Reduced Lunch program • 21% with HS diploma or GED • 30% with a college degree • 11% have less than 9th grade education • $41,755 (2009 estimated per capita income) • Claritas 2009
Coachella Valley Blueprint • What is it? • Status • Deliverables • Strategy
Coachella Valley Blueprint • What is it? • Status • Deliverables • Strategy
Coachella Valley Blueprint • Long Term Strategy • Implementation Plan • Measureable • Initial 9 month process • Living document • Stakeholder participation
Deliverables • Competitive Assessment • Target Business Analysis • Marketing Assessment • Best Practices • Blueprint Strategy • Implementation Plan
Successful Commonalities A commitment to unite for a better community and to put aside differences for the common good A willingness to accept responsibility for the way things are and the way things will be The sharing of a common vision for the future A proactive action-oriented mindset and a clear strategy A diverse participatory community leadership committed to the future The civic capacity and institutional structure necessary to successfully implement a changing strategy
Successful Commonalities The Coachella Valley HAS all of these!
Goal Areas Regionalism Workforce Excellence Quality of Place Economic Diversification
Regionalism Establish true regional identity and framework Promote greater understanding of regional challenges and opportunities Better link CV communities to foster regional identity Build capacity to advocate for issues of importance to CV constituencies
Workforce Excellence Develop a competitive labor force Optimize primary and secondary education outcomes Leverage higher education and workforce development
Quality of Place Enhance standing as destination to live, work and visit Leverage local partnerships to provide effective public services Continue to enhance capacity in arts, culture and recreation amenities Support development of quality housing options Ensure sustainable development patterns
Economic Diversification High wage sectors to boost regional wealth and increase economic sustainability Marketing Target sectors Data and analysis Small business resources Business retention and expansion
Economic Diversification High concentrations in cyclical, largely low-paying employment sectors risk continued instability in the Coachella Valley economy. Greater diversification through development of high-wage sectors that will boost regional wealth and increase economic sustainability.
"Attracting new companies to the Coachella Valley would benefit the tourism industry because it would enhance our very strong leisure travel bookings with a stable base of business travelers." Jeff Beckelman, CEO The Palm Springs Desert Resort Communities Convention and Visitors Authority
Target Industries Creative Arts & Design
Target Industries Supply Chain Management & Logistics
Target Industries Healthcare & Life Sciences
Target Industries Clean Technology & Energy
GOAL Regionalism: - promote greater understanding of regional challenges and opportunities - Link CV communities through programs that foster identity and relationship building - Build the capacity to advocate for issues of importance to CV constituencies
Goal: Workforce Excellence • Optimize primary and secondary education in the valley • Fully leverage regional higher education and workforce development institutions
Goal: Quality of Place - Leverage local and regional partnerships to provide effective public services • Continue to enhance the CV’s capacity in arts culture and recreation amenities • Support the development of quality housing options • Ensure that sustainable development patterns are supported and enforced
Regional Example: Collier County FL Attracted $1 billion in capital Added nearly 19,000 jobs in target sectors New jobs paid wages 30% higher than County avg.
Get Involved Mentoring Goal Area Council In-kind support Provide internships Have a “Voice” Elvis
Discussion • About CVEP • Workforce Excellence Programs • Career Pathways Initiative • Pathways to Success • Coachella Valley Economic Blueprint
CVEP • Coachella Valley Economic Partnership • Regional Economic Development Organization est. 1994 A CA 501(c)(3) • All cities, County, tribes, business, utilities • A public-private partnership with over 100 private investors
Mission ….the Coachella Valley Economic Partnership will market, facilitate and provide economic information to its clients, investors and community for additional economic opportunities for all residents and businesses…..
Contact www.cvpts.com www.cvep.com www.smartstudentsgreatjobs.org Wesley Ahlgren Director of Operations 73710 Fred Waring Drive Suite 106 Palm Desert CA p 760.340.1575 f 760.340.9212 c 619.890.7178 e wes@cvep.com