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California Desert Association of Realtors

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

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  1. California Desert Association of Realtors November 12, 2009

  2. 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

  3. Population Statistics 2009 Estimate 417,610 Growth 2000-2008 39.4% US Growth Rate 8.7% Seasonal Population 151,087 Source: Wheelers

  4. California Realities California’s long-term economic prospects are fundamentally strong • California consistently experiences higher costs of doing business than other states.

  5. California Realities Unemployment is persistently higher in California than in the nation.

  6. California Realities California is a high-cost, high-benefit state. California workers, on average, earn 12 percent more than the national average.

  7. 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.

  8. California Realities California’s immediate neighbors—Nevada, Oregon, and Arizona—all pay their workers less and have lower output per worker.

  9. 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.

  10. 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.

  11. 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

  12. Coachella Valley Blueprint • What is it? • Status • Deliverables • Strategy

  13. Coachella Valley Blueprint • What is it? • Status • Deliverables • Strategy

  14. Coachella Valley Blueprint • Long Term Strategy • Implementation Plan • Measureable • Initial 9 month process • Living document • Stakeholder participation

  15. Deliverables • Competitive Assessment • Target Business Analysis • Marketing Assessment • Best Practices • Blueprint Strategy • Implementation Plan

  16. Process

  17. 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

  18. Successful Commonalities The Coachella Valley HAS all of these!

  19. Goal Areas Regionalism Workforce Excellence Quality of Place Economic Diversification

  20. 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

  21. Workforce Excellence Develop a competitive labor force Optimize primary and secondary education outcomes Leverage higher education and workforce development

  22. 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

  23. 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

  24. 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.

  25. "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

  26. Target Industries

  27. Target Industries Creative Arts & Design

  28. Target Industries Supply Chain Management & Logistics

  29. Target Industries Healthcare & Life Sciences

  30. Target Industries Clean Technology & Energy

  31. 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

  32. Goal: Workforce Excellence • Optimize primary and secondary education in the valley • Fully leverage regional higher education and workforce development institutions

  33. 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

  34. 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.

  35. Coachella Valley

  36. Get Involved Mentoring Goal Area Council In-kind support Provide internships Have a “Voice” Elvis

  37. Discussion • About CVEP • Workforce Excellence Programs • Career Pathways Initiative • Pathways to Success • Coachella Valley Economic Blueprint

  38. 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

  39. 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…..

  40. 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

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