Community Celebration Presentation

Page 1

Community Celebration May 3, 2016


To plan as One requires a holistic, inclusive approach.


ONE REGION VISION

To act as a unified region to be a globally competitive place where people and businesses flourish.


ONE REGION VISION

On acting as a globally competitive place: We embrace values that characterize the most prosperous communi4es in the world. We are inten4onal in purpose so that the investments we make today will enhance our ability to thrive in the long-­‐run.


ONE REGION VISION

On acting as a place where people and businesses flourish: We are though<ul in our investments so that businesses thrive while preserving the things that make our region special. We believe that there is an inextricable rela4onship between people and place, and businesses prosper the most in places with high standards of living. We are commi@ed to ensuring that no one is leA behind as our region grows and that educa4on and career opportuni4es are available for all residents.


Inclusive

Flourish

SHARED VERNACULAR Nourish

Engage Thrive Values

Thoughtful

Optimize

Intentional Attainable

Deliberate

Nurture

Balance


THE CREATION OF ONE REGION: PHASE 1 The Competitive Assessment examined 8 regional dynamics that contribute to global competitiveness. Affordability Economic Momentum Equality & Equity Global Fluency Infrastructure Innovation & Entrepreneurship Quality of Place Talent

MOMENTUM REGIONAL DYNAMICS

INFRASTRUCTURE

EQUALITY & EQUITY

QUALITY OF PLACE

INNOVATION

GLOBAL FLUENCY

Equity

TALENT

AFFORDABILITY


1 in 4 jobs created in South Carolina were created in the three-county Charleston Region 2009-2014


Unemployment levels have reached a 5-year low. 12

10

8

Charleston Region

6

4

2

0

4.5% UNEMPLOYMENT RATE 2010 2011

2012

2013

2014

2015


AFFORDABILITY Housing in the Charleston region is expensive for both homeowners and renters.

% OF HOMEOWNERS W/ MORTGAGE SPENDING MORE THAN 30% OF INCOME ON HOUSING, 2014 22.3%

RALEIGH GREENVILLE

24.4%

AUSTIN

26.9%

RICHMOND

27.2%

SALT LAKE CITY

27.6% 28.0%

NASHVILLE JACKSONVILLE

31.5%

SEATTLE

31.8%

CHARLESTON REGION

31.8%

SOURCE: AVALANCHE CONSULTING / US CENSUS BUREAU / NATIONAL ASSOCIATION OF REALTORS


In Search of Housing Population growth and job growth don’t occur in the same place.

RATIO OF POPULATION TO EMPLOYMENT, 2013

Summerville North Charleston Mt. Pleasant Charleston

KEY More People than Jobs

Jobs = People

More Jobs than People

SOURCE: AVALANCHE CONSULTING / US CENSUS BUREAU / BUREAU OF LABOR STATISTICS / CARTODB

11


INFRASTRUCTURE The region doesn’t have the roadways to support the population to job growth imbalance... MILES OF ROADWAYS* PER 1,000 RESIDENTS (URBANIZED AREAS*), 2013 8.0

RALEIGH

7.6

NASHVILLE

7.1

GREENVILLE JACKSONVILLE

6.2

RICHMOND

6.2 5.8

AUSTIN SEATTLE

4.3

SALT LAKE CITY

4.1

CHARLESTON REGION

4.1 SOURCE: AVALANCHE CONSULTING / FEDERAL HIGHWAY ADMINISTRATION Note: Includes Charleston, North Charleston, Mt. Pleasant, and Summerville.) .


INFRASTRUCTURE The region doesn’t have the roadways to support the population to job growth imbalance... and low highway funding won’t deliver a solution. MOTOR FUEL TAX REVENUES PER PRIVATELY REGISTERED AUTOMOBILE, 2013 245.0

NORTH CAROLINA

189.0

WASHINGTON

183.0

UTAH TEXAS

164.0

TENNESSEE

164.0

FLORIDA

157.0

SOUTH CAROLINA

134.0

VIRGINIA

132.0

SOURCE: AVALANCHE CONSULTING / US CENSUS BUREAU / FEDERAL HIGHWAY ADMINISTRATION


TALENT The Charleston region is well educated but depends heavily on imported talent.

POST-SECONDARY DEGREE COMPLETIONS PER 1,000 RESIDENTS, 2014

NET MIGRATION OF COLLEGE EDUCATED INDIVIDUALS PER 10,000 RESIDENTS, 2014 AUSTIN

25.7

SALT LAKE CITY

66.9

GREENVILLE

15.9

CHARLESTON REGION

AUSTIN

15.9

RALEIGH

14.8

SEATTLE

13.7

NASHVILLE

JACKSONVILLE

13.7

SEATTLE

RALEIGH

13.5

RICHMOND

13.0 12.4

34.4 26.2 24.4

SALT LAKE CITY 15.1

-3.1 -4.2

SOURCE: AVALANCHE CONSULTING / NAITONAL CENTER FOR EDUCATION STATISTICS

57.6

JACKSONVILLE

NASHVILLE

CHARLESTON REGION

65.6

RICHMOND GREENVILLE SOURCE: AVALANCHE CONSULTING / US CENSUS BUREAU


EQUITY The region is becoming less equitable at a faster rate than other metros.

CHANGE IN WAGES FOR THE TOP HALF AND BOTTOM HALF OF WAGE EARNERS, 2009 - 2014 TOP HALF

BOTTOM HALF

SALT LAKE CITY

CHARLESTON REGION 14.1%

14.5%

NASHVILLE 11.8%

JACKSONVILLE 10.8%

RALEIGH 10.1%

RICHMOND

AUSTIN

SEATTLE

8.6%

7.2%

GREENVILLE 4.5%

6.4%

7.1%

6.4%

2.9%

2.5% 1.0%

8.4%

2.7%

2.8%

0.8% SOURCE: AVALANCHE CONSULTING / BUREAU OF LABOR STATISTICS


Friendly to Foreigners? Foreigners are a small and slow-growing share of the region’s population.

% OF POPULATION FOREIGN-BORN, 2014

17.2%

SEATTLE

14.9%

AUSTIN

12.1%

SALT LAKE CITY RALEIGH

11.7%

JACKSONVILLE

8.7% 7.9%

NASHVILLE RICHMOND GREENVILLE

CHANGE IN % FOREIGN-BORN, 2009 - 2014 RICHMOND NASHVILLE

5.3%

22.4%

SEATTLE

17.7%

JACKSONVILLE

16.8%

AUSTIN

15.8%

RALEIGH SALT LAKE CITY

7.7%

27.5%

CHARLESTON REGION

CHARLESTON REGION 4.7% SOURCE: AVALANCHE CONSULTING / US CENSUS BUREAU

15.3% 10.0% 6.3%

-5.2% SOURCE: AVALANCHE CONSULTING / US CENSUS BUREAU


ECONOMIC MOMENTUM Yet Charleston’s economic future is increasingly intertwined with the rest of the world. CHANGE IN EXPORTS AS % OF GRP, 2009 - 2014 CHARLESTON REGION

225.3%

NASHVILLE

66.7%

SEATTLE

33.8%

JACKSONVILLE

31.1%

RALEIGH AUSTIN

18.5% 11.5%

-12.6%

SALT LAKE CITY

-30.1%

RICHMOND


THE CREATION OF ONE REGION: PHASE 2 An evaluation of regional dynamics and external trends identified High Impact Clusters that will propel our region’s momentum... … and the ecosystems that support them

REGIONAL

High Impact Clusters Supplier Firms Foundational Assets Enabling Organizations

NATIONAL

GLOBAL


ONE REGION HIGH IMPACT CLUSTERS The high impact clusters are highly inter-related, with shared foundational assets, enabling organizations, and AEROSPACEniche sectors:

ADVANCED LOGISTICS

AUTOMOTIVE INFORMATION TECHNOLOGY LIFE SCIENCES

Informatics / Analytics

Advanced Materials Aerospace Component

Aerospace IT Third Party Logistics Medical Devices & Diagnostics

Health IT

Automotive IT Digital Security


THE CREATION OF ONE REGION The Global Competitiveness Strategy provides a values-based roadmap that leverages regional dynamics and improves our ecosystems to ultimately contribute to regional prosperity.


AN INCLUSIVE PLANNING PROCESS Stakeholder Participation 8 Member Executive Committee 74 Member Advisory Group 520 Stakeholder Survey Responses 263 Interview, Focus Group, Meeting Participants Technical Advisory Committee Workshops County Tours and County Stakeholder Roundtables Diversity and Inclusion Roundtables Young Professionals Roundtables Education Roundtables CRDA Board Workshop Charleston Metro Chamber Board Workshop Economic Leadership Committee Workshops


VALUED-BASED STRATEGY Shared regional values are One Region’s foundation. A values-based strategy: Is a more inclusive framework. Emphasizes our commitment to regionalism. Is lasting, transcending economic cycles and politics. Is adaptable, allowing space for activities to respond to market forces while values and goals remain the same.


ONE REGION’S FOUNDATION Four regional values form the foundation of the One Region Strategy.


Our region values a strong, resilient economy.


Our region values a strong, resilient economy. GOALS 1. Strengthen the region’s entrepreneurial infrastructure. 2. Nourish the health of the region’s existing businesses. 3. Target investments that will fuel the dynamism of the region’s high impact cluster ecosystems.


Our region values a strong, resilient economy.

MOMENTUM REGIONAL DYNAMICS

INFRASTRUCTURE

GLOBAL FLUENCY

QUALITY OF PLACE

EQUALITY & EQUITY

INNOVATION

Equity

TALENT

AFFORDABILITY


Our region values attainable opportunities for all residents to live, learn and earn.


Our region values attainable opportunities for all residents to live, learn and earn. GOALS 1. Ensure all residents have access to high quality learning opportunities from PK12 through higher education. 2. Align education and career pathways in support of the region’s high impact clusters. 3. Adopt smart policies and practices that ensure having a home is attainable for all.


Our region values attainable opportunities for all residents to live, learn and earn.

MOMENTUM REGIONAL DYNAMICS

INFRASTRUCTURE

GLOBAL FLUENCY

QUALITY OF PLACE

EQUALITY & EQUITY

INNOVATION

Equity

TALENT

AFFORDABILITY


Our region values balancing growth with nurturing our unique character.


Our region values balancing growth with nurturing our unique character. GOALS 1.  Ensure that creative and cultural organizations can continue to prosper in the region. 2.  Adopt a cohesive regional approach to planning for the natural environment. 3.  Focus employment centers in proximity to population centers.


Our region values balancing growth with preserving our unique character.

MOMENTUM REGIONAL DYNAMICS

INFRASTRUCTURE

GLOBAL FLUENCY

QUALITY OF PLACE

EQUALITY & EQUITY

INNOVATION

Equity

TALENT

AFFORDABILITY


Our region values being a connected community.


Our region values being a connected community. GOALS 1.  Invest in infrastructure that connects the region in a balanced, efficient manner. 2.  Amplify our communications with each other and the rest of the world. 3.  Improve our region’s understanding of and adaptability to global dynamics.


Our region values being a connected community.

MOMENTUM REGIONAL DYNAMICS

INFRASTRUCTURE

GLOBAL FLUENCY

QUALITY OF PLACE

EQUALITY & EQUITY

INNOVATION

Equity

TALENT

AFFORDABILITY


IGNITING ONE REGION One Shared Leadership Voice One Region Task Force One Region Public and Economic Policy Institute Generation One Region One Region Coordinator


WHAT IS

YOUR

ONE?


Community Celebration May 3, 2016


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