Gilbert Arizona 2010 Community Profile

Collaboration | Entrepreneurship | Innovation

Table of Contents 03....... Introduction 05....... Market Access 07....... Site Selection 09 ....... Industry Focus 15....... Entrepreneurship and Small-Business Advocacy 17....... Education 19....... Tourism 21....... Business Resources 23....... Utilities

Appendix - State and Local Incentives - Tax Information - Workforce - Demographics

Introduction Business innovation, through the development of commercial products,

If your company – or client – is receiving patented licensing income

processes and services, stimulates international competitiveness

while investing in human capital, research and development, and new

and economic growth. That’s why Gilbert, Arizona, is strongly

equipment, Gilbert can assist with incentives and real estate that

committed to the principles of business collaboration, innovation and

organizations require to realize their full potential.

entrepreneurship. These principles serve as the economic drivers to which the young, affluent community located within the southeast valley

Gilbert’s job-based economic development strategy specifically identifies

of the Phoenix metropolitan area owes its beginnings.

Science, Technology, Engineering and Math (STEM) as essential components to the community’s economic foundation. In tandem

Incorporated July 6, 1920, as a rail siding for the Arizona Eastern

with this strategy, primary focus areas for Gilbert industry cluster

Railway, Gilbert was established on the property of William “Bobby”

development include healthcare and life science; aerospace, aviation

Gilbert. An agreement between landowner Gilbert and Frank Murphy

and defense; high technology and creative media; clean and renewable

produced the Phoenix and Eastern Railroad Company, Gilbert spur line

energy; and corporate and regional headquarters/offices in advanced

and Gilbert Depot, creating the foundation for what is recognized today

business services. Among the target-related developments in Gilbert,

as the fourth* fastest growing community in the nation.

Arizona: Banner Gateway Medical Center, M. D. Anderson Banner Cancer Center, Celebration Stem Cell Centre, Mercy Gilbert Medical

Realizing that a high percentage of new jobs will be created by existing

Center, General Dynamics Advanced Information Systems, Lockheed

businesses, retaining organizations and fostering their growth is

Martin, Diversified Energy, EchoStar Corporation and GoDaddy.com.

essential to the economic strength of the community, the east valley

The attraction and retention efforts for these specific developments

and the region. As a result, Gilbert is fine-tuning existing processes

are lodged solidly into Gilbert’s physical and intellectual infrastructure,

while utilizing marketing strategies and business retention and

entrepreneurial culture, unique lifestyle and location in the southeast

expansion competencies to connect local companies involved in

valley of the Phoenix metropolitan area.

emerging technology with research organizations. Gilbert then connects these emerging technology and research groups with colleges, universities, and state and regional partners, serving as the catalyst for incubating new technology research, development and commercialization. *Source: CNN Money Magazine 2009

03

Market Access Flight Time Domestic

Ground Linked to the West and East coasts by a strong ground transportation

Albuquerque, NM

1 hr. 20 mins.

network, Gilbert is eight miles from Interstate 10, a highway that

Atlanta, GA

3 hrs. 40 mins.

extends from California to Florida, offering convenient access to other

Chicago, IL

3 hrs. 20 mins.

major southwest markets including Southern California and Mexico.

Dallas/Ft. Worth, TX

2 hrs. 25 mins.

Denver, CO

1 hr. 45 mins.

Gilbert also offers connectivity to the rest of the Phoenix metropolitan

Houston, TX

2 hrs. 45 mins.

area with direct access to the U.S. 60 and Loop 202 Freeway. Due

Las Vegas, NV

1 hr. 10 mins.

to it’s geographic location in the southeast valley, Gilbert provides for a

Los Angeles, CA

1 hr. 25 mins.

convenient reverse commute for employers based in the community.

Minneapolis/St. Paul, MN

3 hrs. 5 mins.

New York, NY

4 hrs. 55 mins.

Rail

Portland, OR

2 hrs. 40 mins

Served by the Union Pacific transcontinental rail line, Gilbert offers

Salt Lake City, UT

1 hr. 45 mins.

rail access to industrial-zoned properties along a spur located in the

San Diego, CA

1 hr. 20 mins.

Northwest section of the community.

San Francisco, CA

2 hrs. 5 mins.

Seattle, WA

3 hrs.

Tucson, AZ

50 mins.

Washington, DC Metro

4 hrs. 20 mins.

Air Phoenix Sky Harbor International Airport | www.phxskyharbor.com Located 12 miles west of Gilbert, Phoenix Sky Harbor International Airport is served by 20 major airlines with daily service to approximately 85 domestic and 13 international cities. Noted as one of the busiest airports in the nation for passenger traffic, Sky Harbor is also known as one of the top 10 airports in the world for the number of takeoffs and landings with the ability to handle 700 tons of cargo daily.

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International London, UK

10 hrs. 15 mins.

Tokyo, JAP

15 hrs. 25 mins.

Berlin, GER

18 hrs. 50 mins.

Madrid, SPN

17 hrs. 35 mins.

Mexico City, MEX

3 hrs. 5 mins.

Vancouver, CAN

3 hrs. 20 mins.

Phoenix-Mesa Gateway Airport | www.phxmesagateway.org

With hundreds of available acres, the development of an international

Operated by the Phoenix-Mesa Gateway Airport Authority, Gilbert holds

aerospace center, fiber-optic technology, a skilled labor force, generous

an ownership interest in Phoenix-Mesa Gateway Airport, an emerging

tax incentives and designated foreign trade zone status, Phoenix-Mesa

commercial airport identified as the reliever for passenger and freight

Gateway Airport is an ideal location for global-minded, aviation-related

traffic for Sky Harbor International.

businesses to grow and expand.

Gateway Airport features three expansive runways including 10,401

Chandler Municipal Airport | www.chandleraz.gov/airport

feet, 10,201 feet and 9,301 feet, and a newly constructed passenger

A general aviation airport, Chandler Municipal Airport is half a mile to

terminal. Projected to process 5 million commercial passengers by the

the west of the Gilbert community. With a 4,850-foot parallel runway

year 2027, the airport is also home to operations for more than 35

and immediate access to the Loop 202 freeway, the airport offers direct

aviation companies, including Cessna, Embraer and Hawker Beechcraft,

service to Gilbert business and industrial parks immediately adjacent to

generating over $500 million in annual economic activity.

the airport property.

Gateway Airport is adjacent to a 1,000-acre education, training and research campus with Arizona State University Polytechnic, Chandler-Gilbert Community College’s Aviation Division, U.S. Air Force Research Laboratory and U.S. Army Reserve Center. According to population and growth estimates from the Maricopa Association of Governments, Phoenix-Mesa Gateway Airport and surrounding areas will boast over 100,000 new jobs by 2035, making it one of the largest employment centers in the state of Arizona.

Site Selection Innovative development programs and initiatives coupled with the availability of land and existing building inventory are key attributes making Gilbert one of the most desired site selection communities in the Phoenix metropolitan area.

Employment Corridors Gilbert’s job-based economic development platform is supported by nine employment corridors specifically slated for business attraction and expansion. Anchored by economic stimulators like the PhoenixMesa Gateway Airport, Arizona State University Polytechnic campus, and Banner Gateway and Mercy Gilbert medical centers, each corridor provides accessibility to freeways, airports, educational institutions, retail and recreation amenities, and a workforce of over 1.23 million within a 45-minute commute.

Organizations currently represented in five of the nine corridors include:

1. Diversified Energy | EchoStar Corporation | GoDaddy.com Lockheed Martin | WebLoyalty | Mapfre Group 2. General Dynamics 3. Banner Gateway Medical Center | M. D. Anderson Banner Cancer Center 4. Gilbert Hospital 5. Mercy Gilbert Medical Center | Celebration Stem Cell Centre Celebration Centre for Integrated Healing

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Vertical Development Initiative Gilbert has broadened the scope of possibilities for large-scale commercial projects. In six of the identified employment corridors, represented by numbers 3, 4, 5, 7, 8 and 9, buildings by right of ordinance can rise 90 feet, or six stories, with the option to increase to 150 feet, or 11 stories, after meeting specified criteria.

Pro-Business Climate Greater Phoenix communities have seen reductions in the average employer tax rate over the last decade. Gilbert cultivates a pro-business environment that emphasizes workforce development, education and innovation with some of the lowest workers’ compensation and unemployment insurance costs in the country.

Shovel-Ready Program In partnership with the Greater Phoenix Economic Council (GPEC), the Gilbert Business Development Division has identified multiple shovel-ready parcels that range from one to 67 acres within the identified employment corridors, including freeway frontage along the Loop 202. Each site meets a 20-point checklist, including such requirements as completed zoning, utilities and infrastructure. The Shovel-Ready Program gets buildings out of the ground quickly and can generate valuable savings for locating businesses or developers. With a selection of readily available, immediately developable, traditional and green shovel-ready sites, Gilbert helps companies bring commercial projects to fruition in record time.

Attractive Operating Costs Arizona has no corporate franchise tax, no business inventory tax, no income tax on dividends from out-of-state subsidiaries, no worldwide unitary tax and no sales tax on manufacturing equipment. Aggressive accelerated depreciation schedules provide a reduction in personal property tax liability equal to 94% of the scheduled value after five years and the ability to carry forward 100% of net operating losses for up to five years.

90-Day-or-Less Certified Permitting Process A 90-day-or-less permitting process offers those developing in Gilbert a competitive advantage over other site locations as a result of fast-tracking a project’s time to market. Used in conjunction with Gilbert’s exclusive P.E.R.T. program that connects public- and private-sector team members in the early development stages, the 90-day-or-less permitting process increases the community’s number of quality development transactions, making Gilbert one of the most efficient development environments in the Valley for major office, industrial and retail projects.

Partners Experiencing Results Together (P.E.R.T.) Designed to successfully coordinate and streamline Gilbert’s development review procedures, the P.E.R.T. process involves ongoing collaboration between the applicant and Gilbert’s development services staff during the entire project to ensure desired results are achieved. Eligible projects include new industrial facilities 75,000 square feet and larger, and new retail centers 100,000 square feet and larger.

Quality, Educated Workforce Arizona employers benefit from a high-performance, educated and diverse workforce backed by a strong university system. Gilbert has a young, educated labor pool with an average age of 30.7 and 34.13% holding a bachelor’s degree or higher. Employers also have access to an active workforce of more than 1.23 million industry professionals within a 45-minute commute.

Desirable Infrastructure Assets Strong transportation systems, reliable utilities, world-class telecommunications infrastructure and leading practices in water resource planning and water management make Gilbert an ideal location for locating and growing new enterprises.

Generous Supply of Commercial Land and Buildings Gilbert has multiple tenant-ready centers and shovel-ready sites, commercially zoned land in high-traffic areas, including parcels with 202 freeway frontage. From 2002 to late 2009, Gilbert issued building permits totaling 14,850,423 square feet of industrial, office and retail space.

Industry Focus The Gilbert Business Development Division recognizes the importance

industry or complementary offerings, technologies or requirements.

of identifying business clusters to the sustenance of a vibrant local

Participation in a cluster augments an individual company’s productivity

economy. A business cluster is a geographic concentration of

as well as increases its competitive edge in both national and

companies and suppliers that are interconnected through shared

global markets.

Life Science & Healthcare From world-class research to translating discoveries into personalized

The Science Foundation Arizona, Arizona Biodesign Institute at Arizona

medicine or devices that save lives, the collection of intellectual talent,

State University and Translational Genomics Research Institute

state-of-the-art facilities and public-private partnerships accelerates

(TGen) are nearby regional assets. Already established or soon to

next-generation solutions in the life sciences environment in Gilbert,

be established in Gilbert are Mercy Gilbert Medical Center, Banner

Arizona. With the goal of becoming a Preferred Environment for

Gateway Medical Center, M. D. Anderson Banner Cancer Center, the

healthcare-related companies such as oncology, stem cell research and

Celebration Stem Cell Centre, Gilbert Hospital and Ironwood Cancer

storage, neurological and cardiovascular sciences, alternative medicine,

Research Center, each one a prime indicator of the community’s

research and development, and medical diagnostic devices and

intellectual foundation for local, national and international pursuits in

equipment, Gilbert’s job-based attraction strategy within the Science,

interests related to life sciences. Furthermore, firms that locate to

Technology, Engineering and Math (STEM) focus is essential in creating

Gilbert take advantage of talent from regional educational institutions

a competitive advantage.

such as Arizona State University Polytechnic, A.T. Still University, Pima Medical Institute, the Bryman School and Chandler-Gilbert

In addition to offering over 2 million square feet of state-of-the-art

Community College.

hospital and clinical research facilities with potential resources for collaborative partnerships, Gilbert is in close proximity to over 800

With a growing density of world-class knowledge workers and 300

science and technology firms. Additionally, Gilbert offers access to

acres earmarked for healthcare uses, Gilbert is poised to capture

approximately 100,000 healthcare practitioners and technicians

a portion of the estimated 25% of the gross national product

within a 45-minute commute,* a number representing 71% of the

that the country’s aging population will be spending on healthcare by

Phoenix metropolitan area’s total life sciences workforce.

the year 2037.

* Source: Greater Phoenix Economic Council

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Aerospace, Aviation & Defense Maricopa County is recognized as the eighth largest aerospace market

In addition, more than 25 companies, including Cessna, Embraer and

in the nation. And while Arizona is noted as the fifth largest provider in

Hawker Beechcraft, are located only half a mile from Gilbert’s border in the

the United States for aerospace employment, approximately 70% of the

Phoenix-Mesa Gateway Airport’s industrial airpark, a submarket that is

Phoenix metropolitan area’s science and engineering workforce feeding

surrounded by a foreign trade zone.

this industry sector is within a 45-minute commute to Gilbert, Arizona.* Gilbert is also in close proximity to Arizona State University Polytechnic Fortune 100 Company Lockheed Martin recently chose Gilbert as

and Chandler-Gilbert Community College, which offers programs in

the location of its lead business unit for research, development and

conjunction with Embry-Riddle Aeronautical University and the University

production of world-class electro-optics and smart munitions systems.

of North Dakota’s top flight training school. These educational

Another Fortune 100 Company, General Dynamics Advanced Information

opportunities feed the aerospace industry with highly trained professionals

Systems, built GeoEye-1, the world’s highest-resolution imaging satellite, in

with specialties in engineering, aviation, information technology and

Gilbert. SAI Technology is also continuing to grow within the community as

automated manufacturing systems.

a leading full-service, FAA-approved avionics and instrument repair facility, and Western Air International is a global distribution company serving the

Access to regional infrastructure assets, low operating costs, optimum

aerospace industry with high-quality aftermarket products.

flying weather, quality workforce and the commitment of state and local educational leaders to the aerospace and defense sector make Gilbert an optimum location for both small- and large-scale national and international firms considering expansion or relocation.

* Source: Greater Phoenix Economic Council

Industry Focus Clean & Renewable Energy Arizona recently passed landmark legislation with a renewable industries

creation in its high-growth, high-demand sustainability and diversified

bill (SB1403) that allows companies in the solar, wind, biofuels and

energy sectors.

geothermal industries to receive tax breaks for locating or expanding their business in Arizona. Benefits include a state income tax credit

With an environmental goal to radically reduce air pollution with

benefit calculated according to what the projects provide in capital

the introduction of biodiesel, a biodegradable, non-toxic alternative

investment and job creation (capital investment includes facilities,

fuel, Arizona BioDiesel reclaims used cooking oil from restaurants

equipment, land and infrastructure) and temporary reclassification of

and converts it into B99 biodiesel at its processing plant in Gilbert.

real and personal property taxes for qualified projects.

Headquartered in Gilbert since 2005, Diversified Energy Corporation is a privately held alternative and renewable energy company focused

To complete the package, Arizona offers aggressive accelerated

on maturing innovative technologies, developing commercial energy

depreciation schedules that allow for a decrease in personal property

projects and providing engineering services support to project

tax liability equal to 94% of the scheduled value after five years and

developers. Principal areas of expertise include gasification, biofuels,

qualifying projects have the opportunity to access tax-exempt bond

next-generation feedstocks, and bioenergy-related economic modeling

financing through Gilbert’s Industrial Development Authority (GIDA).

and commercialization planning.

According to the National Renewable Energy Laboratory, the technical

Realizing opportunity as a result of Gilbert’s collaborative partnerships

potential for concentrating solar power in Arizona is nearly 2.5

at the regional, state and local levels, including its quality infrastructure,

terawatts. Home to the world’s first School of Sustainability, Arizona

access to leading, renewable energy education programs, and

State University is establishing the Solar Power Laboratory to advance

availability of a skilled workforce, these types of clean and green tech

solar energy research, education and technology.

companies find opportunity in Gilbert, creating green-collar jobs, strengthening the local economy and propelling positive global impact.

First Solar, Kyocera Solar, Inc. and Stirling Energy Systems have already identified greater Phoenix as a leader in solar energy engineering and research. In addition, the state is attracting international attention from renewable energy heavyweights like Abengoa and Iberdrola with new technology in solar collection and the development of the Dry Lake Wind Project, Arizona’s first wind energy farm. With the Arizona Corporation Commission requiring that all regulated utilities produce 15% of their electricity from renewable sources by the year 2025, Gilbert, Arizona, is in an advantageous position to see substantial job

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High Technology Growing in tandem with Arizona’s strong manufacturing base, Gilbert,

has landed on Inc. Magazine’s Top 500 list for the past three years as

Arizona’s high-technology sector is continually evolving with new and

one of the fastest growing technology companies in Arizona.

innovative products and services. Catalysts include the community’s collection of companies focused in various technology specialties and

American Electronics Association (AeA), the largest technology

the presence of higher-education institutions dedicated to research and

association in the United States, ranked Arizona fourth in the nation

development in emerging technologies.

for semiconductor production. Contributing to the statewide movement in next-generation technology solutions, Gilbert is steering

Underwritten by the community’s solid infrastructure, water availability,

advancements in component manufacturing, electronics, computing,

commercial building, land inventories and attractive operating costs,

and research and development.

many high-tech organizations have found Gilbert’s resources attractive for their business models. Internet innovator WebLoyalty.com,

In addition, high-tech companies locating to Gilbert enjoy benefits from

recognized on Deloitte’s Technology Fast 500 in 2007, is a leading

decades of investment in local education and workforce development

online marketing services company that provides customized programs

initiatives, as well as access to more than 65,000 manufacturing

to e-commerce, travel and other fee-based businesses. Gilbert is

and service technicians within a 45-minute commute.* Proximity

also home to headquarters operations for Antares conTech, which

to Chandler-Gilbert Community College and Arizona State University’s

supports semiconductor testing and packaging. In addition, EchoStar

Polytechnic campus also offers Gilbert-based industry compelling

Corporation, a leader in service to satellite, IPTV, cable, terrestrial,

opportunities for collaboration, research and commercialization of

and consumer electronics markets worldwide, operates an uplink

intellectual property.

facility from the Gilbert community. And Gilbert-based Infusionsoft

*Source: Greater Phoenix Economic Council

Industry Focus Advanced Business Services The knowledge-intensive business firms and independent entrepreneurs

Moreover, the community’s enterprise-friendly environment offers

that comprise Gilbert, Arizona’s advanced business services sector

service providers a rich local knowledge base, global linkages,

benefit from fast-growth opportunities with the need to operate globally.

collaborative partnership opportunities and freedom to innovate. In addition, the Gilbert Business Development Division, in partnership

Critical to the success of any growing region, specialists in accounting,

with local community partners, works heavily to promote these

financial analysis, law, design, marketing, insurance, architecture,

entrepreneurial business opportunities by offering a multi-tiered

engineering, venture capital, investment banking, real estate, data

program and service portfolio equipped with education courses, one-on-

centers, etc., are vital to the operation and success of existing and

one business coaching, roundtables and networking events specifically

start-up companies within any business industry. These firms also

designed for entrepreneurs and small-business owners. Based on the

have access to a workforce of over 1.23 million within a 45-minute

Ewing Marion Kauffman Foundation’s Fast Trac curriculum, Gilbert’s

commute to Gilbert.*

Front Runner program is designed to grow and facilitate business innovation and solidifies Gilbert’s ongoing efforts in providing the

With ample availability of back-office and mid-size to large-scale

best in entrepreneurial programming within the Phoenix

commercial space, an educated workforce and an accessible

metropolitan area.

multimodal transportation network, Gilbert sustains a healthy population of service-oriented firms, home-based entrepreneurs and self-employed professionals. Unicon, Inc. recently located the headquarters for its software consulting services firm in Gilbert and GoDaddy.com, a worldwide leading Internet domain registrar and web-hosting company that also sells e-business-related software and services, employs over 700 in the community. In addition, Spain-based Mapfre Group recently chose Gilbert for an Insurance Center that houses the western claims center, automobile and homeowner’s claims staff, underwriters and marketing representatives.

* Source: MapInfo Corporation

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Retail, Entertainment & Hospitality Gilbert, Arizona, offers a current population of 218,397 with an

The SanTan Village Regional Shopping Center is a nationally recognized,

average age of 31.37 and a disposable income of $1.73 billion.

mixed-use urban village that spans a total of 1.2 million square feet of

Leading demographics include moderate- to high-income-producing

office, retail, entertainment and restaurant uses. Adjacent is the SanTan

residents with a 34.14% educational attainment of a college degree

Village Power Center with an additional 1.3 million square feet of retail

or higher. Many retain management or white-collar tech positions and

and restaurant space, and Main Street Commons, a 45-acre, mixed-use

range in age from 25 to 54.

site will soon offer another retail, office and residential lifestyle center.

Gilbert’s Santan Motorplex has been recognized as Arizona’s largest

Gilbert’s affluent population, impressive growth record and superior

auto mall when it reaches build-out, and Gilbert’s downtown Heritage

development opportunities with freeway frontage all contribute to

District is also realizing opportunity with an award-winning theatre, the

the steady expansion of the community’s retail, entertainment and

addition of new restaurants and the planned Heritage Marketplace, a

hospitality sector. A cluster of entertainment, dining and upscale

90,000-square-foot mixed-use office and retail development.

retail establishments serve a sophisticated pool of consumers with per capita income of $30,559 and a median household income of

Several new hotel developments include the Hyatt Place, Hampton

$86,077, the highest among Arizona communities with populations

Inn, Western Legacy Suites and Legado at SanTan Village Hotel and

above 100,000 people.

Conference Center, with a combined 450 rooms. Gilbert is also home to unique entertainment and recreational venues like 42-acre Big League Dreams, Arizona’s number-one baseball and sports complex with an estimated 400,000 yearly visitors, and Polar Ice, which hosts two ice rinks across 85,000 square feet with an estimated 300,000 yearly 95,132 75,816

Top Psychographic Segments (by % Households)

visitors and projected $100,000 in yearly tax revenue. With a strong

Winners Circle - Wealthy, middle age with kids

representation in this industry sector, Gilbert is realizing investment

Kids & Cul-de-sacs - Upper-mid, younger with kids

in over 9.5 million square feet of retail opportunities in tenant-ready

Country Squires - Upscale, middle age with kids

centers and commercially zoned land in high-traffic areas.

Movers & Shakers - Wealthy, middle age without kids

2009 Est.

Country Casuals - Upper-mid, middle age with empty nest

2014 Proj.

250,000

70.01%

5.3%

210,000

218,397

220,000

0.45%

221,461

Data on this page sourced by: U.S. Census Bureau, American Community Survey, Maricopa Association of Governments, Arizona Department of Economic Security, Claritas, Inc.

Entrepreneurship and Small-Business Advocacy Business Ingenuity Fused with Entrepreneurial Programming

Gilbert Entrepreneur & Small Business Program

Gilbert’s economic viability is continually reinvented by entrepreneurs

The Gilbert Entrepreneur & Small Business Program is a 10-week

embracing innovative pathways of product development, intellectual

multi-tiered curriculum with a strategic focus on growing businesses

property and delivery of services within today’s complex market

through optimizing business tools, market research and analysis, use of

environment. The next big idea encompasses the spirit of

financial tools, marketing, social media, one-on-one business coaching,

entrepreneurship, and leveraging a comprehensive business

and business insights through specialized guest speakers for each class

development model solidifies Gilbert’s ongoing efforts in providing

topic. The platform for the 10-week session is the Fast Trac Growth

the best in entrepreneurial programming within the Phoenix

Venture Program through the Ewing Marion Kauffman Foundation. For more

metropolitan area.

information, visit www.gilbertft.com.

Front Runner Portfolio

One-on-One Business Coaching

The Front Runner portfolio is the flagship for entrepreneurial and

As a continuation of the Gilbert Entrepreneur & Small Business

small-business programming and services. The portfolio is equipped

Program, successful graduates are eligible for extended one-on-one

with education courses, one-on-one business coaching, roundtables

business coaching at no extra charge. Front Runner consultants

and networking events specifically designed for entrepreneurs and

provide continued support to graduates who want to take their

small-business owners. A partnership between the Gilbert Business

business to the next level.

Development Division and Gilbert Chamber of Commerce, the Front Runner flag provides a multi-tiered approach in supporting

Roundtable

entrepreneurs and small-business owners.

The main objective of the roundtable forum is to promote collaboration and feedback for the evaluation of current programs as well as the development of the next generation of entrepreneurial and smallbusiness programs and services. The forum is held annually for all Front Runner participants and serves as the segway for innovation and collaboration.

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Other Small-Business Resources

U.S. Small Business Administration | www.sba.gov

In addition to the Front Runner portfolio, Gilbert partners with

The mission of the U.S. Small Business Administration (SBA) is to help

other regional and statewide entities to assist entrepreneurs and

America’s entrepreneurs get into and stay in business. SBA programs

small-business owners with realizing their professional goals.

stimulate capital formation, economic growth and job creation. The SBA Arizona District offers the Basic 7(a) Loan Program, SBA Pre-Qualified

Business Links | www.gilbertaz.com

Loan Program, 504 Certified Development Company Program and SBA

Business Links serves as a one-stop location for small-business

Microloan Program.

programs, resources and services. A partnership between the Town of Gilbert and the Gilbert Chamber of Commerce, Business Links

Arizona Small Business Development Center | www.azsbdc.net

provides on-demand information for all entrepreneurial and

In partnership with the U.S. Small Business Administration, the Arizona

small-business activities.

Small Business Development Center (AZSBDC) offers free one-on-one counseling to small-business owners. Experienced counselors offer

Gilbert Small Business Alliance | www.gilbertsba.com

information on business plan development, financial planning, human

Focused solely on small-business interests, the Gilbert Small Business

resources, process development, sales, marketing and more.

Alliance (GSBA) advocates for business policies that support Gilbert small-business owners. GSBA promotes its members through public

Service Corps of Retired Executives | www.score.org

events, networking, the media and educational meetings that drive

The Service Corps of Retired Executives (SCORE) offers free counseling

value and empower the small-business owner. The GSBA is committed

to small businesses, to aspiring entrepreneurs and to established

to accountability, productive action, transparency and free-enterprise

businesses that may be having difficulties and/or simply desire

principles.

counseling. Seminars on a variety of business topics are open to the public. There is a nominal fee for SCORE training programs. SCORE is a

Small Business Services | www.azcommerce.com/smallbiz The Arizona Department of Commerce (ADOC) Small Business Services is an online resource available to answer questions and to generate a customized list of resources based on requested business requirements. The department also houses the Arizona Minority/ Women-Owned Business Services, which provides coordination and publicity for programs and services that assist minority- and women-owned businesses.

resource partner with the U.S. Small Business Administration.

Education Dedicated to lifelong learning, Gilbert has a reputable, nationally ranked K–12 system through the Gilbert, Chandler and Higley public school

Higher Education

districts, unique magnet and charter programs, and multiple institutions

Arizona State University | www.asu.edu

of higher learning such as the Arizona State University Polytechnic

ASU is one of the premier metropolitan public research universities in

campus and Chandler-Gilbert Community College. Money Magazine

the nation, enrolling 67,082 undergraduate, graduate and professional

reports 25 colleges, universities and professional schools, as well

students on four campuses in metropolitan Phoenix. According to the

as 29 junior colleges and technical institutes, in and within 30 miles

National Science Foundation, ASU ranks 32nd out of 630 higher-

of Gilbert.

educational institutions for total number of earned doctorates, with 60% focused in STEM-specific concentrations. The Foundation also ranks

Of integral importance to the community’s workforce development,

ASU 81st out of 630 institutions for total research and development

excellence in education is essential for Gilbert’s strategic growth. It is

expenditures. Areas of research concentrations for ASU include:

necessary to align educational curriculum with Gilbert’s industry needs Biosciences

to provide for tomorrow’s workforce.

Vaccines | Personalized Medicine | Bioinformatics | Applied General Data

NanoBioscience | BioEnergetics | BioOptical Nanotechnology |

School Year August 2008 - May 2009

Bioelectronics and Biosensors | Ecogenomics | Environmental Biotechnology | Evolutionary Functional Genomics | Infectious

Gilbert

Higley

Chandler

Diseases and Vaccinology | Innovations in Medicine | Personalized Diagnostics | Single Molecule Biophysics

District:

60.75 sq. m 24 sq. m

80 sq. m

Expenditure Per Pupil: $6,187

$6,344

$5,898

Sustainability

High School Grad:

97.66%

84%

90%

Renewable Energy | Urban Sustainability | Climate Adaptation |

Enrollment Size:

39,142

9,445

37,000

Power Systems

Teaching Staff

2,213

505

2,400

Teacher/Student

1:22

1:18

1:19

Advanced Electronics & Materials Flexible Displays & Electronics | Nanotechnology

Gilbert Public Schools | www.gilbert.k12.az.us Higley Public Schools | www.husd.org Chandler Public Schools | www.chandler.k12.az.us

Informatics & Communications Modeling & Simulation | Wireless | Information Assurance Discovery/Exploration Lunar Expedition | Origins | Astrobiology

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Education

Advanced Technology Innovation Center | Arizona Agricultural

Science, Technology, Engineering & Mathematics (STEM) |

Mediation Program (USDA funded) | ASU Print and Imaging Lab |

American Indian | Education | Educational Policy

Electronic Market Trading Room | GlobalResolve | Haas Technical Education Center | Human Machine Integration

Human Welfare & Care

Laboratory | Imaging and 3D Data Exploitation and Analysis Lab |

Substance Abuse | Nursing | Innovation

Laboratory for Algae Research and Biotechnology | Laboratory for Enterprise Application Development | Marketing Research Laboratory |

ASU Polytechnic | www.poly.asu.edu

National Food and Agricultural Policy Project (USDA funded) | PING

ASU Polytechnic is one of four Arizona State University campuses in

Swing Analysis Lab | Realty Studies

the Phoenix metropolitan area. Strategically located at Gilbert’s eastern border, ASU Polytechnic offers more than 50 degree programs with

Maricopa Community Colleges:

over 9,500 students currently enrolled. ASU Polytechnic shares

Chandler-Gilbert Community College | www.cgc.edu

more than 700 acres with Chandler-Gilbert Community College, Mesa

Paving the way for higher education in the southeast valley since 1985,

Community College, Embry-Riddle Aeronautical University and an Air

Chandler-Gilbert Community College (CGCC) serves more than 15,000

Force research laboratory. These entities make up what is known

credit and non-credit students annually. CGCC offers new programs

as the Williams Campus. ASU’s Polytechnic campus will continue its

in biomedical research technology, nursing, law enforcement and

evolution as a premier polytechnic in the region and a competitive force

pharmacy technology. In addition to university transfer and general

for the Williams area.

education options, strategic educational programs include aviation, information technologies, teacher education, engineering, automated

For fiscal year 2009, Polytechnic accounted for roughly $8.3 million of

manufacturing systems, electric utility technology, and crime and

the $254.2 million in total research expenditures made by ASU. Areas

intelligence analysis. CGCC also has a diverse offering of athletics,

of research concentration specific to the Polytechnic campus include:

performing arts, student clubs and organizations, service learning programs and learning communities.

Tourism Gilbert, Arizona, is a community of impressive variety and abundance

No community in Arizona would be complete without an award-winning

offering a genuine quality of life that translates to a thriving and diverse

golf course. Trilogy Golf Club offers the perfect excuse for an afternoon

community. From the residents, to employers locating or expanding

away from the office hosting clients. Offering 18 holes of golf, this

into the community, to entertaining prospective business clients, Gilbert

6,800-yard, par-71 championship course designed by Dick Bailey

offers a lively variety of experiences that showcase both natural and

is nestled next to the Santan Mountains, one of Arizona’s most

cultural diversity as well as historical and modern amenities.

notable landmarks.

Nationally recognized among bird enthusiasts, the Gilbert Riparian

Gilbert’s Downtown Heritage District offers a truly unique experience

Preserve attracts international visitors to view over 200 different

with award-winning live theatre, distinctive dining and boutique shopping

species of birds. The Preserve also entices astrologers and stargazers

adjacent to the Gilbert Historical Museum. Higley Center for the

with the Gilbert Observatory. The 42-acre Big League Dreams

Performing Arts brings a theatrical flair, and representative

complex offers eight scaled-down ball fields replicated from famous

of a true lifestyle center, Gilbert hosts open-air shopping and

major-league baseball stadiums such as Fenway Park, Wrigley Field and

entertainment pavilions such as SanTan Village, complete with

Yankee Stadium. And if you’re interested in finding ice in the middle of

nationally recognized restaurants and live concerts.

the desert, Polar Ice hosts two ice rinks for both recreation and local hockey teams.

Hoteliers are also finding a niche in Gilbert with the recent addition of the Hyatt Place, Hampton Inn, Western Legacy Suites and the Legado at SanTan Village featuring Gilbert’s first conference center.

From family-oriented entertainment and recreation to stimulating nightlife and world-class dining, there is something for everyone in Gilbert.

19

Stewart Thurlkill: Eyes 2 See Photography

Business Resources Gilbert Business Development Division | www.gilbertaz.gov/busdev Responsible for the attraction and retention of business and industry to the Gilbert community, the division provides expert assistance in site selection, connects decision-makers and provides extensive research and demographic information.

Gilbert Chamber of Commerce | www.gilbertaz.com The Gilbert Chamber of Commerce is a nonprofit, membershipbased organization representing more than 600 constituents ranging from home-based businesses to large corporations – including more than 50,300 employees. The Chamber of Commerce serves as an industry advocate to strengthen the business climate in Gilbert through leadership, opportunity and growth.

Gilbert Small Business Alliance | www.gilbertsba.com Focused solely on small-business interests, the Gilbert Small Business Alliance (GSBA) advocates for business policies that support Gilbert small-business owners. GSBA promotes its members through public events, networking, the media and educational meetings that drive value and empower the small-business owner. The GSBA is committed to accountability, productive action, transparency and free-enterprise principles.

Greater Phoenix Economic Council | www.gpec.org A true public/private partnership, the Greater Phoenix Economic Council (GPEC) is a cooperative effort of many groups, including Maricopa County and 18 communities as well as a roster of more than 140 private-sector business partners. GPEC’s goals include marketing the region to generate qualified business/industry prospects and leveraging public/private resources to locate prospects, improve competitiveness and sustain organizational vitality.

Arizona Department of Commerce | www.azcommerce.com The Arizona Department of Commerce (ADOC) is the state’s community and economic development authority. ADOC works with communities, businesses and economic development organizations to build the foundation for a strong economy and superior quality of life through the development of competitive industries and sustainable communities.

Statewide Business Assistance | www.azcommerce.com/busasst The ADOC Business Attraction Division provides a single point of contact for statewide site selection, incentives and business resource assistance.

International Business | www.azcommerce.com/busasst/international Small- to medium-sized Arizona businesses interested in exporting look to this department for information related to individualized export counseling, trade missions, valuable contacts, background information, trade statistics and current market research.

Workforce Development Center for Workforce Development | www.dist.maricopa.edu/workforce The Maricopa County Community Colleges provide customized workforce training for thousands of employees within various industries in the Phoenix metropolitan area.

Maricopa Workforce Connections | www.hsd.maricopa.gov/mwc As Maricopa County’s Workforce Development Division, Maricopa Workforce Connections provides a range of services for employers and job seekers in order to address workforce development needs.

Job Service/East Valley Employment | www.jobbankinfo.org The Job Service provides a variety of services to help employers fill jobs by finding qualified employees of all types. Services include screening of applicants and use of offices for interviewing prospective employees.

21

Photo Š Mark Boisclair

Utilities Electric

Natural Gas

With average commercial electric costs at 5 to 7 cents per

Southwest Gas | www.swgas.com

kilowatt-hour, Gilbert, Arizona, offers a significant utility cost savings to

Southwest Gas serves close to 1 million customers in Arizona and

large electrical power users.

offers both rebate and energy-efficiency programs for commercial businesses.

Arizona Public Service | www.aps.com As an electrical utility provider, APS serves over 1 million customers

Water

in 11 of the state’s 15 counties. The APS Solutions for Business

Town of Gilbert | www.gilbertaz.gov/utilities

program offers incentives to any size business to reduce energy

Gilbert secures its groundwater from 18 area wells and surface

consumption. APS also offers financial incentives to residential and

water from the Salt, Verde and Colorado rivers, with a total current

commercial customers who add renewable energy systems to their

production capacity of 57 million gallons per day of surface water and

home or business. In addition to possible federal and state tax credits,

41.6 million gallons per day of groundwater. Both are potable (drinking

two opportunities exist for commercial customers with both up-front

water) sources.

and production-based incentives depending on the system’s size and renewable technology installed. Incentives are available for solar, wind,

Wastewater

biomass, biogas and geothermal. The program is approved by the

Town of Gilbert | www.gilbertaz.gov/water

Arizona Corporation Commission.

Gilbert is committed to utilizing 100% of the community’s wastewater.

Gilbert’s two wastewater treatment facilities produce high-quality

Salt River Project | www.srpnet.com

effluent used for groundwater recharge, which builds up reserves for

As an electrical utility provider, SRP serves more than 1 million

future drinking water use, golf course watering, artificial lakes and

customers in Maricopa and Pinal counties. The SRP PowerWise™

landscape irrigation at a reduced water rate. Gilbert is producing

Business Solutions program is designed to help commercial customers

approximately 14,000 acre-feet per year, or an average of 12.5 million

manage energy usage and increase efficiency. The program also offers

gallons per day, of reclaimed water.

information on the latest energy-saving technologies, some of which qualify for rebates through SRP’s EarthWise™ Energy program. The

Broadband

program is Green-e Energy certified and allows a business to offset

Cox Communications | www.cox.com/arizona

power with an environmentally friendly source such as wind energy,

Qwest Communications | www.qwest.com/arizona

solar and geothermal. SRP also offers a production-based commercial

The Phoenix metropolitan area hosts one of the top five regional

solar incentive program.

fiber-optic deployments in the U.S., with over 156,000 route miles of fiber-optic network capacity.

23

Photography Š Josh Lockie

State and Local Incentive Programs Marked by an ever-evolving pro-business climate, Gilbert benefits from

property tax, replacing it with an excise tax at a rate established per

significant incentive programs on the state and local levels. These

square foot and based upon type of use. Every 10 years the rate

programs provide qualifying Gilbert-based businesses with significant

drops by 20% until it reaches the 51st year, at which point the tax

reductions in property, sales and income taxes.

drops to zero.

Accelerated Depreciation

Motion Picture Production Tax Incentives

With aggressive accelerated depreciation schedules for commercial

Promoting production of commercial motion pictures in Arizona by

and agricultural personal property, companies can make new capital

providing incentives to qualified companies includes transaction

investments and decrease property tax liability. In five years, the

privilege tax exemptions, use tax exemptions on contracts and sales,

accelerated rate is 94% of the scheduled value.

and income tax credits based on Arizona production expenditures.

Commercial Solar Energy Tax Credit Program

Pollution Control Tax Credit

Businesses that install solar energy devices qualify for a tax credit

The use of real or personal property for the purposes of controlling or

equal to 10% of the associated installation costs. The credit is useful

preventing pollution qualifies for a possible 10% income tax credit.

for offsetting state income tax liability as well as for supporting alternative energy initiatives.

Private Activity Bonds Available for the construction of industrial and manufacturing facilities

Foreign Trade Zone Program

and equipment, the program allows a manufacturing company to issue

Arizona is the only state in the country that has enacted special

bonds up to $10 million. For the majority of bondholders, interest on

legislation that provides businesses in a designated foreign trade

the bonds is exempt from federal income tax.

zone (FTZ), or subzone, eligibility for an 80% reduction in state real and personal property taxes. The zones are secured areas that

Quality Jobs Through Renewable Industries

receive duty-free treatment as if they were legally outside the United

Allows companies in the solar, wind, biofuels and geothermal industries

States Customs territory. Qualifying companies can bypass typical

to receive tax breaks for locating or expanding in Arizona. Benefits

time-intensive customs formalities to quickly store, pack, display,

include a state income tax credit benefit calculated according to what

assemble or distribute imported merchandise.

the projects provide in capital investment and job creation (capital investment includes facilities, equipment, land and infrastructure) and

Government Property Lease Excise Tax Program Available to businesses that lease parcels from the community government rather than own them outright, the program waives all real

temporary reclassification of real and personal property taxes.

Small Business Capital Investment Tax Credit Program

AZFAST Grants

Designed for those who invest in small businesses, the program allows

Specifically designed for entrepreneurs to develop and commercialize

for an income tax credit of up to 35% of the qualifying small-business

global technology by accessing Small Business Innovation Research

investment amount over a period of three years.

(SBIR) and Small Business Technology Transfer (STTR) federal funding.

State Income Tax Credit for Qualified Research and Development

Market Assessment Grants

Companies performing qualified research and development in Arizona,

Provide emerging technology entrepreneurs with a commercialization

including company-funded research at a state university, may receive

feasibility study, hence contributing to the formulation of successful

an income tax credit not to exceed $2.5 million. If allowable expenses

marketing and licensing strategies.

do not exceed the maximum, credit is 22% of expenses. On the other hand, if allowable expenses do exceed $2.5 million, credit amount is

Technology Assessment Grants

$600,000 plus 13% of amount of expenses over $2.5 million.

Offer technology entrepreneurs access to an independent, expert review of their technology under development. Emphasis is placed

Transaction Privilege and Use Tax Exemption

on determining if the technology already exists, is a good candidate for

Sales of machinery and equipment used directly in manufacturing

intellectual property protection and is likely to find an attractive market.

operation are exempt from the state transaction privilege and use tax.

Gilbert-Specific Programs Gilbert Industrial Development Authority (GIDA)

Arizona Innovation Accelerator Program Overview

GIDA encourages economic growth and job creation in the community

The Arizona Innovation Accelerator Program offers a combination of

by making low-interest loans available to qualified projects through

grants, tax credits, seminars and other tools necessary to evaluate,

the issuance of tax-exempt bonds. Financing must meet state bond law

develop and commercialize technologies currently under development.

requirements and all projects are reviewed by a board to ensure that

The following items are a brief summary of the incentives provided

financing candidates represent developments that will help to further

under the program.

the community’s vision for job creation and sustainability.

Angel Investment Tax Credit

Partners Experiencing Results Together (P.E.R.T.)

An Arizona income tax credit is available to qualified investors who

Designed to successfully coordinate and streamline Gilbert’s

invest in early-stage qualified small businesses. The income tax credit

development review process with the commercial development

is equal to 30% of the investment amount, increasing to 35%

community, the P.E.R.T. process involves ongoing collaboration

for investments in bioscience enterprises or companies located in

between the applicant and Gilbert’s development services staff

rural Arizona.

during the entire project to ensure desired results are achieved. Eligible projects include new industrial facilities 75,000 square feet and larger, new single- or multi-tenant buildings 75,000 square feet and larger, and new retail centers 100,000 square feet and larger.

Tax Information Arizona has demonstrated a pro-business mentality combined with a

General Data

minimalist regulatory approach that for the past 12 years has reduced

Estimated Corporate Income Tax: 6.968%

taxes or passed legislation favorable to businesses. Recent examples

250,000 Effective tax rate can be considerably lower; please contact Gilbert

include:

220,000 Business Development0.45% for a custom corporate tax benefit review.

70.01%

• Reduction from 25% to 20% of the assessment ratio for real and

5.3%

Exemptions for manufacturing and other firms include:

personal property taxes on commercial and industrial properties over a six-year time frame with the assessment ratio reaching 20% in 2011 and each year thereafter.

210,000

29.96%

•S ale of machinery, equipment and chemicals used directly in 66.76%

manufacturing or processing • Professional or personal 66.86%services

• Renewable Energy Tax Incentive Program allows companies in the solar, wind, biofuels and geothermal industries to receive tax breaks

For more information, visit www.revenue.state.az.us.

for locating or expanding in Arizona. Benefits include a refundable corporate income tax credit and real and personal property tax reductions.

Real and Personal Property Tax: $8.5450 2009 rate per $100 assessed valuation

• Angel investment tax credit allows eligible tech-company investors a 30% credit on state taxes over a three-year period, with biotech investors eligible for a 35% credit.

In addition, Gilbert-based enterprises benefit from: • No corporate franchise or business inventory tax • No income tax on dividends from out-of-state subsidiaries • No worldwide unitary tax • Virtually all services exempt from sales tax • Ability to carry forward 100% of net operating income for five consecutive years

Transaction Privilege and Use Tax: 8.8%

6.6%

Arizona Department of Economic Security | www.azdes.gov

Town of Gilbert Finance Division | www.gilbertaz.gov/finance The Town of Gilbert Finance Division provides forms, application

Taxation of Corporate Income

and tax reports, Gilbert tax code regulations, transaction privilege

The “Sales Factor” Bill allows multi-state businesses doing business

(sales) tax information, answers to frequently asked questions,

in Arizona to super-weight (80%) their sales factor to reduce

annual financial reports, specialty license information, etc.

income tax liability. While Arizona is not the only state that utilizes a super-weighted sales factor, it is one of the few states that does

Arizona Department of Revenue | www.azdor.gov

not have a “throwback” provision, offering significant tax benefits to

The Arizona Department of Revenue offers resources concerning

Gilbert businesses.

the assessment of income taxes in Arizona.

Low Payroll Taxes In Arizona both workers’ compensation and unemployment insurance costs are among the lowest in the nation. Under the workers’ compensation statute, firms may choose either selfinsurance, private carrier, policy or state fund to insure their employees.

GILBERT HAS NO PRIMARY PROPERTY TAX AND ONLY IMPOSES $1.15 PER $100 OF ASSESSED VALUE AS PART OF THE SECONDARY TAX RATE

Workers’ Compensation Premiums Cost per $100 of Payroll $1.67 $1.63 $2.15 $2.27 $2.58 $2.61 $2.72

Arizona Utah New Mexico National Avg. Nevada Texas California

Source: 2008 Oregon Workers Compensation Ranking

Workforce Availability With over 30% of the population between the ages of 25 and 44,

By carefully balancing retail, office and industrial projects, Gilbert

Gilbert’s residents are just embarking on the prolific years of their

works to create sustainable jobs, tax revenues and resources for the

careers. With 92.34% of residents having graduated from high school

community’s highly valued, highly skilled workforce.

and 34.13% holding a bachelor’s degree or higher, Gilbert possesses a well-educated, dynamic workforce with a median age of 30.65, an

Gilbert-based employers have access to over 1.23 million industry

invaluable asset to local and regional companies.

professionals within a 45-minute commute. In 2009, Gilbert’s civilian labor force was 110,646 individuals, and the average unemployment

In 2008 Gilbert was named one of Money Magazine’s Best Places

rate was 4.2%.

to Live, partly due to the community’s job growth at 39.72% from 2000 to 2007.

Top Employers

Employer

Business Type

Banner Health

Healthcare

1,485

Mercy Gilbert Medical Center

Healthcare

817

Go Daddy Software, Inc.

Internet Domain Service

Dillard’s (Distribution & Retail)

Distribution /Retail

# Employees

70 7

590

General Dynamics

Advanced Information Systems

585

B H Drywall and Stucco and Painting

Construction

500

Hunter Contracting

Road Construction

425

Eamhardt Auto Center

Automotive Sales /Service

275

Superstition Contracting, Inc.

Construction

275

Presidential Pools and Spas, LLC

Construction

205

Source: Gilbert Business Development 2009

Workforce Availability

20 Minutes 30 Minutes 45 Minutes 101 17

Scottsdale Surprise

Phoenix

60

Peoria G

El Mirage

87

. ve

A

Glendale

Paradise Valley

51

nd ra

Litchfield Park

101

Avondale Tolleson

85

202

202

10

10

Goodyear

Fountain Hills

Apache Junction

Mesa

17

ASU

143

Sky Harbor International Airport

88

89

Tempe

87

60

60 202 101

202

Chandler 10

Phoenix-Mesa Gateway Airport ASU Polytechnic

Queen Creek

87

Gila River Indian Community

Workforce Dynamics Within Designed Commute Times

2008 Total Population

Per Capita Income

Median Household Income

Median Age Bachelor’s Degree or Higher (age 25+) Total Workforce Population (age 16+)

20 Minutes 465,892 $29,845 $67,474 30.1 78,716 303,930

30 Minutes 1,130,973 $31,233 $61,027 31.9 185,579 738,569

45 Minutes 1,850,842 $31,779 $58,110 32.1 294,973 1,228,213

Gilbert at a Glance Located in the southeast valley of the Phoenix metropolitan area, Gilbert is actively growing and diversifying its economic base citing global-minded innovation and entrepreneurship as keys to productivity.

Endowed with supportive infrastructure, ample land and recognition as the center of a new mega-region called the “Sun Corridor,” Gilbert is committed to realizing sustainable, world-class business environments that are unique to the community.

Gilbert Quick Facts Year founded: 1891 Year incorporated: 1920 Planning area: 76 square miles Elevation: 1,273 feet

The community’s dense volume of educated residents boasts one of the

Cost-of-living index: 96.3 (2008)

highest concentrations of graduate and professional degrees among

Annual average rainfall: 9.23 inches

competing western U.S. cities, with 34.13% of residents holding a bachelor’s degree or higher, outpacing the national median by 38.5%.

Potable water delivery: 100,813 acre feet annually

In addition, the median income of Gilbert’s residents is one of the

Reclaimed water delivery: 14,000 acre feet annually

highest within Arizona at $86,077.

Annual sunshine days: 310 days Average temperatures (high/low):

Gilbert’s current population of 218,397 has doubled every five years since 1980. With attractive demographics, award-winning amenities, strategically identified business incentives and high-profile developments,

January 67/41 | April 85/54 July 106/77 | October 89/59

Gilbert offers immediate, attainable economic opportunity for industryleading companies.

GILBERT’S LOCATION QUOTIENT IS GREATER THAN 1.00

Household Demographics

75,816

2009 Est.

Under 15 Age 16 and Age 18 and Age 21 and Age 65 and Age 85 and

95,132

75,816 2014 Proj.

Median age Average age

95,132

Top Psychographic Segments (by % Households)

95,132

75,816 inners Circle - Wealthy, middle age with W kids Kids & Cul-de-sacs - Upper-mid, younger with kids 2009 2014 Country Squires - Upscale, age with kids Est.middle Proj.

Movers & Shakers - Wealthy, middle age without kids Country Casuals - Upper-mid, middle age with empty nest

250,000 210,000

Population Growth

2009 Est.

221,461

218,397

220,000

2014 Proj.

5.3%

210,000

2009 Est.

.96%

2010 Proj.

221,461

70.01%

218,397

220,000

0.45%

221,461

3%

218,397

250,000

210,000

70.01%

up up up up up

220,000

0.45%

29.96% 66.76% 66.86%

2009 Est.

2010 Proj.

2009 Est.

2010 Proj.

210,000

5.3%

29.96% 66.76% 66.86%

30.65 31.37

Educational Attainment (Population 25 years and over) High school graduate (or GED) 17.84% Some college, no degree 30.34% Associate degree 10.02% Bachelor’s degree 23.67% Master’s degree 8.13% Professional degree 1.46% Doctorate degree 0.82% High school graduate or higher Bachelor’s degree or higher Master’s degree or higher

250,000 220,000

250,000

Age Distribution

Households

92.34% 34.13% 10.47%

Creative Class Distribution Science, engineering and architecture Education Arts and entertainment Household Income Average household income Median household income Per capita income Disposable income Average household size

11.3% 21.6% 7.1%

$98,213 $86,077 $30,559 $1.73 billion 3.21

Data on this page sourced by: U.S. Census Bureau, American Community Survey, Maricopa Association of Governments, Arizona Department of Economic Security, Claritas, Inc.