ECONOMIC DEVELOPMENT2017 ACTIVITY UPDATE

ST. JOHNS COUNTYF L O R I D A

O n e o f F lo r i d a ’s F irs t Coun t ie s | E s ta bl i shed 1821

St. Johns County is the 22nd fastest growing county in the United States with a 3.7% growth rate. Contributing to St. Johns County’s popularity are the county’s low tax structure, top-ranked public schools, low cost of living, and unique natural amenities - all which make the county a premier Northeast Florida location. Capitalizing on its global appeal, St. Johns County is poised for economic growth through its pro-business environment, favorable climate, and outstanding community services.

Economic development goals include creating high-wage jobs for residents, increasing the average county wage, and enhancing the commercial tax base. This update is intended to provide a quick glance to highlight specific department activities performed to encourage these outcomes. Melissa S. Glasgow Director of Economic Development

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“From Governor Scott’s visit to many of our

accomplishments, we feel like St. Johns County has been side by side with us in our endeavors.”

COMPANY TESTIMONIAL

- Michael A. SiegelCo-Owner – Ideal Deals, LLC,

Ideal Gas, LLC and Panther Holdings, LLC Florida Governor Rick Scott honors Ideal Aluminum for creating quality manufacturing jobs

WHY BUSINESS EXECUTIVES CHOOSE ST. JOHNS COUNTY

FLAGLER COLLEGE #2 FOR THE BEST REGIONAL COLLEGES IN THE SOUTH

- U.S. NEWS & WORLD REPORT’S BEST COLLEGES GUIDE

ST. AUGUSTINE NAMED #1 U.S. DESTINATION

- MONEY’S 2ND ANNUAL ‘BEST IN TRAVEL’ AWARDS

#1 FLORIDA-RATED PUBLIC SCHOOL DISTRICT

- FLORIDA DEPARTMENT OF EDUCATION

EXPANSION PROJECT

REGIONAL AWARD

St. Johns County Board of County Commissioners approved Economic Development incentives valued at $2.8 million, a DRI Modification, and PUD Major Modification to pave the way for the PGA TOUR, Inc. to invest $86 million to consolidate their corporate headquarters into a single location in Ponte Vedra Beach, and create 300 new jobs.The PGA TOUR is very pleased to receive the county’s approval and anticipates revealing their future plans in 2018.

On December 7th, St. Johns County was awarded the Northeast Florida Regional Council’s Regional Award for Excellence in Economic Development & Tourism for the PGA TOUR, Inc. Corporate Headquarters Project.

Key representatives from St. Johns County, PGA TOUR, RocaPoint Partners, Kimley Horn, and Rogers Towers, worked together to form the PGA TOUR, Inc. Corporate Headquarters Project Team. Our primary county staff included Michael Wanchick, Patrick McCormack, Rebecca Lavie, Suzanne Konchan, Danielle Handy, Damon Douglas and Melissa Glasgow.

Key Developments Beachwalk (Twin Creeks)

Nocatee Spec Office

Durbin Park

Shops at World Golf Village

Phase 1 - 700K SF retail opening 2018

62,750 SF ready for occupancy - 4 tenants signed

3M SF mixed-use project commenced in 2017

New ownership excited to attract retailers/office users

ACTIVITY OUTLOOK

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TEAM APPROACHSt. Johns County leverages valuable resources to support overall economic development efforts through contracts with the St. Johns County Chamber (and JAXUSA), and the University of North Florida (SBDC). The county’s two ED staff members work diligently with these organizations, along with other agencies such as Enterprise Florida, CareerSource, Industrial Development Authority, Northeast Florida Regional Airport, and the St. Johns County School District, to promote economic opportunities.

The county’s Economic Development Department continues to pro-actively develop relationships with business leaders and decision makers, including real estate brokers, developers and site consultants. Staff networks with these representatives and attends a variety of real estate and industry trade meetings to promote a national presence for St. Johns County. Select organizations include: NAIOP, CREW, IEDC, FEDC, ICSC, FCMA, ULI, SEDC, NBAA, and CoreNET Global.

ORGANIZATIONAL INVOLVEMENT

The St. Johns County Economic Development Department welcomes Karen Everett as Manager, Economic Development at the St. Johns County Chamber of Commerce. Through a formal partnership, the chamber works collaboratively with county economic development staff to support new and existing businesses interested in expanding in the county.

The chamber’s 2018 strategic plan for economic development will focus on business retention, workforce development, and entrepreneurship. From left: Isabelle (Rodriguez) Renault, Karen Everett, Melissa Glasgow

St. Johns County booth at the 2017 International Council of Shopping Centers (ICSC) Conference held at the Orlando Convention Center

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MARKETING ST. JOHNS COUNTYMany tools have been created to promote commercial development opportunities in St. Johns County.On the county website, economic development has an established presence. Pages on the website are continually updated with the latest demographic trends and announcements, along with materials available to download. Featured downloads include: maps, news articles, and demographic profile flyers, among other topical resources and editorial features. www.sjcfl.us/EconomicDevelopment/index.aspx

Review featured developer-controlled commercial opportunities in a new interactive web application. www.sjcfl.us/EconomicDevelopment/CommercialDevelopment.aspx

New Commercial Development Resources

Featured OpportunitiesMixed-UseDurbin Park/Urban Service Area BeachWalk (Twin Creeks)International Park at World Golf VillageWorld Commerce CenterRetail Nocatee Town CenterThe Shops at World Golf VillageIndustrial First Coast Distribution CenterOffice405 Golfway West Drive203 Ft. Wade Road

OUTREACH ACTIVITIESICSC North Florida Idea Exchange Jacksonville SEDC Site Consultant Event Atlanta

ICSC Florida Conference & Deal Making Orlando

25th Annual Small Business Week Celebration Jacksonville Area Development New Orleans

Select USA 2017 Investment Summit Washington, DC

International Economic Development Council Jacksonville

Governor’s Job Summit Orlando

Enterprise Florida Board and Stakeholders Meeting Tallahassee | Jacksonville

Vilano Beach CRA Flyer Ad placement in the 2017 Global Export Guide Snapshot: Facts & Advantages

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EXISTING BUSINESSBusiness Retention ActivitiesThe county’s Economic Development Department continues to provide resources and support to our existing businesses, responding to 26 inquiries with requested assistance.

Small Business Development Center – St. Johns County OfficeThrough a partnership with The Florida Small Business Development Center at the University of North Florida (SBDC) and St. Johns County, this service provides free consulting, training and specialized assistance to established businesses and individuals considering starting a business.

St. Johns County Impact | Oct. 2016 - Sept. 2017

Entrepreneurs Consulted 345

Jobs Created/Retained 268

Business Startups 9Sales Growth $3.2M

Employment by SectorSt. Johns County School District 4,534Flagler Hospital 1,900St. Johns County 1,213Northrop Grumman 1,100Florida National Guard 950PGA TOUR, Inc. 800Florida School for the Deaf & Blind 685Carlisle Interconnect Technologies 650Ponte Vedra Inn & Club 550Flagler College 514Sawgrass Marriott 450Ring Power Corporation 445Sapa Extrusion Americas 364D.R. Horton 172Advanced Disposal 121Rulon International 109Ideal Aluminum 108David Dobbs Enterprises 90Burkhardt Distributing Company 84Riley Gear Corp. 70

Major Employers

COUNTY PROFILE

Source: St. Johns County Economic Development, St. Johns County Chamber of Commerce Source: Labor Market Statistics, FREIDA, QCEW - 2Q 2017

SBDC assisted Viola’s Pizza Pasta & Seafood Restaurant with obtaining a loan through the FL Small Business Emergency Bridge Loan Program.

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ECONOMIC INDICATORSPopulation Growth St. Johns County is the 22nd fastest-growing county in the United States with a 3.7% annual growth rate.

2010 190,039

2016 235,087

% Change 2010-2016 24%

SOURCE: US Census

Total Labor Force 109,004 112,131 116,567 119,554 Employment 103,866 107,796 112,335 116,303

Unemployment Rate 4.7% 3.9% 3.8% 2.7%

SOURCE: FL Department of Economic Opportunity

Taxable Values for St. Johns County

Tax Year 2014 2015 2016

% Residential 84.8% 84.7% 84.7%

% Business-Commercial/Industrial 11.4% 11.6% 11.5%

% Personal Property 3.8% 3.7% 3.8%

SOURCE: St. Johns County Office of Management & Budget

Number of Active Businesses 2016: 6,939

Number of New Businesses 2016: 347 Commercial Building Permits FY 2017: 1,079

Commercial Permit Market Valuations FY 2017: $266M

SOURCE: FREIDA, Florida Research and Economic Database through Florida DEO,St. Johns County Building Services

Commercial tax base increased $182M and tangible personal property increased $86M from 2015.

Average County Wage

2012 2013 2014 2015 2016

Average Wage $36,190 $36,489 $38,072 $39,721 $40,303

Labor ForceAs of October 2017, St. Johns County’s unemployment rate is 2.7%, which is tied for the lowest rate in the state of Florida.

SOURCE: FL Department of Economic Opportunity, All Industries, Private Sector

2014 2015 2016 2017

St. Johns County, Florida: Bullish on Business

County Commission Votes to Support PGA Tour’s Plans for New Headquarters in Ponte Vedra

Numbers Suggest St. Johns County is in the Midst of Another Building Boom

Advanced Disposal CEO Pleased with Move

St. Johns County Rated Healthiest in Florida

New Census Data Show that St. Johns County Grew at Rate of 3.7 Percent

Nocatee Stays Third-fastest Growing Master-planned Community in US

Durbin Park Work Underway to Bring Largest Shopping Area to St. Johns County

Unemployment Rate for St. Johns County Lowest in Almost a Decade

A Major Player? St. Johns County Wants to Be in the Conversation When Companies Look to Move, Expand

NEWS HEADLINES

RESEARCH & ASSISTANCE

177 business inquiries

529% increase from FY 2016

37

new qualified prospects

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St. Johns County Board of County Commissioners 500 San Sebastian View St. Augustine, FL 32084

www.sjcfl.us

ST. AUGUSTINE, A TOP 10 BEACH TOWN FOR QUALITY OF LIFE- FOOD + WINE MAGAZINE

ST. AUGUSTINE, LISTED AS ONE OF THE 15 BEST SMALL TOWNS TO VISIT IN THE USA

- U.S. NEWS & WORLD REPORT

ST. AUGUSTINE, 5TH ON THE TOP 20 LIST, BEST BEACH TOWNS IN AMERICA - WALLETHUB.COM

ST. JOHNS COUNTY RANKED HEALTHIEST COUNTY IN FLORIDA FOR THE 6TH YEAR IN A ROW- THE ROBERT WOOD FOUNDATION

ST. AUGUSTINE, LISTED AS ONE OF 33 AMAZING CITIES TO VISIT IN 2018- TIME.COM

Melissa Glasgow, Director of Economic Development 904.209.0552 | mglasgow@sjcfl.us

Julie Long, Economic Development Specialist 904.209.0560 | jlong@sjcfl.us

Economic Development is the #1 priority of our Board of County Commissioners