Building Strong Momentum
Outlook: Positive! 1
The Changing Landscape
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Mansfield: Managing Our Growth and Maintaining Our Momentum
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One Constant: A City, Council, and Management Team
Dedicated to Building A Great Community
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What’s growing in Mansfield? Everything. • • • • •
Home Values Sales Tax Collection Median Household Income Residential Permits Jobs
6
What’s the goal? Increase the City’s Tax Base while maintaining Excellent Quality of Life for our Residents 7
How do we achieve our goal? BY RESPONSIBLY: • • • • • •
Expanding Retail Development Revitalizing Historic Downtown Mansfield Growing the Medical Corridor Expanding our Infrastructure Demanding High-Quality Homes Encouraging Investment by Local Industries
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It was a dynamic year driven by
• Job Growth • Valuation Growth • Sales Tax Growth • Income Growth • Residential Growth
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Job Growth In the last 8 years, Mansfield created
2,387 Jobs 10
Valuation Growth Average new home values in Mansfield are $366,938, up 53 percent over the last 10 years 11
Sales Tax Growth Sales tax in Mansfield is at $10.3 million annually, a 68 percent growth over the last 10 years
12
Income Growth
Median household income in Mansfield is 43 percent higher than the U.S. average 13
Residential Growth Mansfield’s desirability among new home buyers has resulted in 766 final platted lots added in the last 18 months, with approximately 5,000 total lots available 14
Residential Units Single Family/Total Units
1400
Single Family Total Units
1200
1000
800
600
400
200
0 2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
*
*Anticipated
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Our Plan Is Working
Dallas Business Journal, Oct. 21, 2016 16
There’s a lot of Excitement in Mansfield. For Example … 17 17
Shops at Broad
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Shops at Broad
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Shops at Broad
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Mansfield StarCenter
$15.1 million investment funded by City and MPFDC 21
Fieldhouse USA
$12.9 million investment funded by MPFDC 22
HEB Retail Center
Shops at Broad
US 287
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Hobby Lobby
US 287 HEB Retail Center
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New Restaurants
Fish City Grill
Jason’s Deli
Los Molcajetes
Creations Bakery 25
More Dining Opportunities Coming Soon
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Historic Downtown Mansfield
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Historic Downtown Redevelopment The Lofts
Trail Connection
Parking The LOT Fire Station No. 1
Town Park City Property
Mellow Mushroom The Backyard City
Rose Park Pond Branch Linear Trail
Property
MEDC Property Future Redevelopment
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The LOT Downtown
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Historic Downtown Redevelopment Farr Best Theater New Residential Fire Station No. 1
The LOT
Historic Downtown
Mellow Mushroom The Backyard Pond Branch City Property
MEDC Property
Future Redevelopment
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The Backyard
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Pond Branch
• 3/4 mile trail through Historic Downtown • Total project - $4.2 million • Phase I – $3.4 million funded by MPFDC • Construction starts 2016 32
Methodist Hospital – FY 2016 1,118 employees 243 physicians 10,712 admissions 48,233 ER visits 90,573 outpatient visits 2,002 births
$134 million initial capital investment $46.1 million in expansions 2010-2012 $118 million in expansion 2013-2016 $ 35.3 million economic impact annually 33
Methodist Mansfield Future Expansion 22 acres for additional facilities Professional Office Building #2 Groundbreaking January 25, 2017
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New city facilities and projects are building on our already excellent quality of life. 35 35
Chandler Park Redesign
$3.5 million
Construction 2017
Funded by MPFDC 36
Fieldhouse USA StarCenter
McKnight Park East
Shops at Broad
Linear Trail
Linear Trail
$12.9 million investment funded by MPFDC 37
Mansfield StarCenter
City Property
East Broad Street
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Mansfield StarCenter
• 15.1 million facility funded by MPFDC, City and Dallas Stars • Located in The Shops at Broad • Currently under construction • Scheduled to open September 2017 39
People are drawn to living in Mansfield. 40 40
New Homes – Alvarado St.
2015
Historic Downtown
The LOT
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New Homes – Alvarado St.
2016
42
New Homes – Alvarado St.
2016
43
Main Street Lofts – 515 units
2015
Historic Downtown
S. Main St.
Post Office
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Main Street Lofts – 515 units
2016
S. Main St. Post Office
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Main Street Lofts – 515 units
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Ladera Mansfield – 187 lots Villas di Lucca
2015
Five Oaks Crossing
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Ladera Mansfield
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Ladera Mansfield
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Active Residential Development South Pointe - 1,924 lots
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Phase I - South Pointe - 442 lots
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Phase I - South Pointe - 442 lots
2015
US 287
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Phase I - South Pointe - 442 lots
2016
US 287 Lone Star Rd.
Hwy 360
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Phase I - South Pointe - 442 lots
2016
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Active Residential Development Somerset - 1,106 lots
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Somerset Development - 1,106 lots
2015
South Pointe
57
Somerset Development - 1,106 lots Phase I
2016
Hwy 360
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New Residential Development M3 Ranch – 1,460 lots
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New Residential Development M3 Ranch– 1,460 lots
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New Residential Development The Oaks Preserve – 177 lots
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New Residential Development The Oaks Preserve – 177 lots
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Roadway Improvements
= $$ Economic Development $$ 63 63
State Highway 360 Completion date – Late 2017
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State Highway 360 Completion date – Late 2017
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South Pointe
Somerset
66
State Highway 360 South Senator Chris Harris Memorial Highway 67
68
Debbie Ln. / US 287 Intersection Improvements
US 287 New Off Ramp
Start date: 1st quarter 2017
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S. Main Street
2015
N. Main St.
Frontier High School Ben Barber Career Tech Academy
Anticipated completion– January 2014 70
S. Holland Rd. Extension
2016
E. Broad St. Grand Meadows Blvd.
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Day Miar Road Cora Spencer Elementary School Day Miar Rd. Mary Lillard Intermediate School Danny Jones Middle School
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Mouser Way Extension
2015
Legacy High School FM 157
Mouser Electronics
Mansfield Pointe
US 287
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Justifiably one of America’s Best Places to Live … 74
…Work and Play
Today and in the Future 75
ONE OF THE NATION’S BEST
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Building Strong Momentum
Outlook: Positive! 77
What is the percentage growth of sales tax in Mansfield over the last 10 years?
78 78
Sales Tax Growth Sales tax in Mansfield is at $10.3 million annually, a 68 percent growth over the last 10 years
79
How many jobs have MEDC projects created since 2008? 80 80
Job Growth In the last 8 years, Mansfield created
2,387 Jobs 81
What is the current average new home value in Mansfield? 82 82
Valuation Growth Average new home values in Mansfield are $366,938, up 53 percent over the last 10 years 83
What is the total value of the city’s tax base? 84 84
Our Plan is Working! $7,000,000,000
85,000
$6,500,000,000
Tax Base
80,000
Population
$6,000,000,000
75,000
$5,500,000,000
70,000
$5,000,000,000 Tax Base
60,000
$4,000,000,000 55,000
$3,500,000,000
50,000
$3,000,000,000
Population
65,000
$4,500,000,000
45,000
$2,500,000,000 $2,000,000,000
40,000
$1,500,000,000
35,000
$1,000,000,000
30,000
$500,000,000
25,000 2008
2009
*Anticipated
2010
2011
2012
2013
2014
2015
2016
2017*
Net Taxable Value
Average tax base growth 2008-2017: 6% annually
Average population growth rate 2008-2017: 2% annually
Mansfield Benefits from Growth 85
How many times has Mansfield been named to Money Magazine’s “Best Places to Live” list? 86 86
2007 – No. 83
2009 – No. 24
2012 – No. 28
2014 – No. 17
87
List the City of Mansfield publicprivate partnerships currently in place? 88 88
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What is the current population of the City of Mansfield? 90 90
City of Mansfield Welcome to Mansfield Population: 68,784
Current population is 68,784 91
Why do we do what we do? “Thank you for your consideration. I was so very impressed by you and the council at the meeting I attended. Your patience, attention to detail and dedication to supporting growth while maintaining quality of life in Mansfield was heartwarming. I greatly appreciate the time and energy you devote to our city. Thank you again for your service. Kind regards.�
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Mark Your Calendars Mansfield National Day of Prayer Thursday, May 4, 2017 Mansfield ISD Center for the Performing Arts
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