Development Update 2018 Berthoud Development Highlights The TPC - PowerPoint PPT Presentation

Berthoud Business February 2019 Development Update

2018 Berthoud Development Highlights The TPC Golf Course Created a Recreation development – the first Attracted 4 new businesses Center and Parks to Berthoud’s Old Town Hall ground-up golf course in Master Plan nearly 10 years 1,755 More than participate in adult team 7,000 sports and youth activities daily pool admissions Processed 1,300 and passports 650 Processed more than 240 Electronically indexed cases in municipal court 10,500 files swim lessons

2018 Berthoud Development Highlights Processed Water plant Wilson Ranch 518 capacity was doubled, Site is certified 2 to 4 MGD residential for development building permits and Bridge over CR 44 1,124 Love’s was replaced opens for total permits 13 new businesses open business Ziggi’s commits to Berthoud creating 60 new jobs O’Reilly’s begins Mountain Avenue Corridor construction Plan initiated

2018 Berthoud Development Highlights Over $3 million in construction activity

2018 Berthoud Development Highlights Population Population 8,889 within 20 miles: 553,679 (2017 census) Education Median household 87% income: $64K High school diplomas 74% Median Home Price: 9% 29% $394K Growth increase in home value College 2010-2017 since last year Degrees

New Businesses in 2018 ✓ Agile RF Systems expanded ✓ FlowPro LLC expanded from Louisville ✓ Hale & Bradford start up ✓ HealingtheBeing start up ✓ Hometown Liquor annexed ✓ Howie’s Bread Depot start up ✓ Jason Innes Photography start up ✓ Mountain Ridge Dentistry start up ✓ NoCO FCU expansion ✓ One Point Six North start up ✓ O’Reilly Auto Parts expanded ✓ Sunrise Cinema start up ✓ United Waste Systems from Longmont

Business Development Activity 2018 40 Inquiries for Site / Building Information • 17 leads/prospects • 12 preliminary • 5 active Chipotle 3 Significant prospect visits • Retail 12 Presentations We moved our business to the town of Berthoud over 25 years ago, and it has proved to be one of our best decisions. Berthoud has been a great location for our business to grow and attract the technical employees we require . Jeff Scano, President. Flow Systems

Berthoud by the numbers 343,976 Berthoud 2010 2016 2017 2018 Population 5,105 6,368 8,889 10,000 +/- Per Capita Incomes $28,111 $29,778 $36,077 Median HH Incomes $70,292 $66,281 $67,427 304,633 % in the Laborforce 78 69 70 Building Permits 11 264 435 518 322,514 Sales Tax Revenue $969,331 $2,571,479 $4,070,842 $4,300,985 2017 Census

Berthoud by the numbers Larimer Boulder Berthoud County Weld County County Colorado Median Age 44 36 34 36 36 Med H.H. Income $67,427 $64,980 $66,489 $75,669 $65,458 Per Capita Income $36,077 $34,087 $29,226 $42,119 $34,845 Below Poverty 7% 11% 9% 13% 10% High School Graduates 97% 96% 88% 95% 91% Bachelors Degree 29% 46% 27% 60% 39% H.S. Graduation Rate 87% 81% 91% 89% 81% Census 2017 & CO Dept of Edu.

Berthoud's growth tops region Berthoud's population surged more than 74 percent since the 2010 Census, with one-year growth of almost 19 percent. Population estimates are as of July 1, 2016, and July 1, 2017. April 1, 2010 Growth Since Municipality Census 2016 estimate 2017 estimate 1-year growth 2010 Census Berthoud 5,105 7,489 8,889 18.69% 74.12% Johnstown 9,887 14,885 15,478 3.98% 56.55% Wellington 6,289 8,422 9,527 13.12% 51.49% Frederick 8,679 12,025 12,687 5.51% 46.18% Firestone 10,147 12,884 13,825 7.30% 36.25% Windsor 18,644 24,311 25,330 4.19% 35.86% Lochbuie 4,726 5,814 6,353 9.27% 34.43% …….Berthoud’s Mead 3,405 4,511 4,575 1.42% 34.36% location between two Erie 18,135 23,031 24,234 5.22% 33.63% great engineering Dacono 4,152 5,238 5,545 5.86% 33.55% universities, easy Milliken 5,610 6,583 7,014 6.55% 25.03% access to the airport and lower cost than Broomfield 55,889 66,509 68,341 2.75% 22.28% most of the Brighton 33,352 39,184 40,562 3.52% 21.62% surrounding Eaton 4,365 5,048 5,224 3.49% 19.68% communities have Lafayette 24,453 28,015 28,328 1.12% 15.85% contributed to Rapid Louisville 18,376 20,719 21,128 1.97% 14.98% Production Tooling’s Loveland 66,859 76,080 76,701 0.82% 14.72% success over the Fort Collins 143,986 162,308 165,080 1.71% 14.65% years. Greeley 92,889 103,369 105,448 2.01% 13.52% Fort Lupton 7,377 7,865 8,163 3.79% 10.65% Evans 18,537 20,129 20,470 1.69% 10.43% Boulder 97,385 107,844 107,125 -0.67% 10.00% Clark Anderson Longmont 86,270 92,917 94,341 1.53% 9.36% President Estes Park 5,858 6,349 6,339 -0.16% 8.21% Rapid Production Tooling Superior 12,483 13,059 12,951 -0.83% 3.75% Source: U.S. Census Bureau BizWest, May 2018

Berthoud's growth tops region Berthoud's population surged more than 74 percent since the 2010 Census, with one-year growth of almost 19 percent. Population estimates are as of July 1, 2016, and July 1, 2017. April 1, 2010 Growth Since Municipality Census 2016 estimate 2017 estimate 1-year growth 2010 Census Fort Collins 143,986 162,308 165,080 1.71% 14.65% Boulder 97,385 107,844 107,125 -0.67% 10.00% Greeley 92,889 103,369 105,448 2.01% 13.52% Longmont 86,270 92,917 94,341 1.53% 9.36% Loveland 66,859 76,080 76,701 0.82% 14.72% Broomfield 55,889 66,509 68,341 2.75% 22.28% Brighton 33,352 39,184 40,562 3.52% 21.62% Lafayette 24,453 28,015 28,328 1.12% 15.85% Windsor 18,644 24,311 25,330 4.19% 35.86% Erie 18,135 23,031 24,234 5.22% 33.63% Louisville 18,376 20,719 21,128 1.97% 14.98% Evans 18,537 20,129 20,470 1.69% 10.43% Johnstown 9,887 14,885 15,478 3.98% 56.55% Firestone 10,147 12,884 13,825 7.30% 36.25% Superior 12,483 13,059 12,951 -0.83% 3.75% Frederick 8,679 12,025 12,687 5.51% 46.18% Wellington 6,289 8,422 9,527 13.12% 51.49% Berthoud 5,105 7,489 8,889 18.69% 74.12% Fort Lupton 7,377 7,865 8,163 3.79% 10.65% Milliken 5,610 6,583 7,014 6.55% 25.03% Lochbuie 4,726 5,814 6,353 9.27% 34.43% Estes Park 5,858 6,349 6,339 -0.16% 8.21% Dacono 4,152 5,238 5,545 5.86% 33.55% Eaton 4,365 5,048 5,224 3.49% 19.68% Mead 3,405 4,511 4,575 1.42% 34.36% Source: U.S. Census Bureau BizWest, May 2018

Berthoud’s Largest Employers Company Employment Range Thompson School District 150 - 200 Berthoud Composite Systems 100 - 149 Northern Water 100 - 149 Berthoud Living Center 75 - 99 Associated Thermoforming Inc. 75 - 99 Aslan Construction 50 - 74 Phillips Plumbing 50 - 74 Hays Market 50 - 74 25 – 49 Aspen Leaf Kitchens Berthoud Fire Protection Dist. 25 - 49 25 – 49 Energy Logic 25 – 49 Flow Systems 25 – 49 Rapid Production Tooling Inc 25 – 49 Green Tree Medicinal 25 – 49 Rocky Mountain Plumbing/Hydro Heat 25 – 49 Summit Solutions Of Co LLC Town of Berthoud 25 - 49

Berthoud Residential Activity Projects Approved Creekside 63 mf units  Hammond 244 sf units  Heritage Ridge 366 sf units  Heron Lakes 526 sf + mf units  Prairie Star 180 sf + mf units  Rose Farm 203 sf + mf units  The Farmstead 220 sf units  Vantage 466 sf units  Gateway 30 sf + mf units  Permits 2015: 111 TOTAL Approved 2,298 units 2016: 264 TOTAL Planned 4,421 units 2017: 435 2018: 518 ➢ Median Home Value $438,000 2019: 11 ➢ Median Listing Price $415,000 ➢ Home Values Increased 9% over the last year January 2019

Berthoud’s New Neighborhoods

TPC Colorado at Heron Lakes Open for play: Daily Clubhouse Open: October 2018 First tournament: Web.com, July 2019 # of lots: 526 currently approved www.tpc.com/colorado

Development Opportunities Site 4 Site 6 Site 14 Site 20 Site 19 Site 10

Development Opportunities – I-25 Over 1,800 acres of available land M & C Real Estate – 105 acres (13) 1. • Love’s Travel Stop • 17 acres on a 105 acre site Wilson Ranch – 1,600 acres (7) 2. Berthoud Tech Center – 160 acres (5) 3.

Development Opportunities Old Town Hall  Four new Berthoud businesses and Berthoud Robotics

Berthoud is Planning for a Bright Future • Parks & Open Space Plan • Updated Transportation Plan • Updated Comp Plan Comprehensive Plan • Water System Master Plan Transportation Plan • Berthoud Reservoir Master Plan • Revised Water Policy • Infrastructure Upgrades Trails Master Plan Berthoud Reservoir Plan Main Street Corridor Plan • Permitting process review WasteWater Plant 2 MGD capacity • Enterprise Zone Boundary Water Plant 4 MGD capacity • Ample development opportunities • Mountain Avenue Corridor Plan WasteWater Regional Plant Water System 99,000 Gallons/day Plan Recreation & Parks Plan

Walt Elish Town of Berthoud Business Development Department welish@Berthoud.org 970-532-2643