Mayors Office of Economic Development Outreach and Recruit. Guide - PDF document

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 O P E N F O R B U S I N E S S O P E N F O R B U S I N E S S Mayor’s Office of Economic Development Outreach and Recruit. Guide and Facilitate. Building a Better Economic Future for Los Angeles’ Aerospace & Defense Industry 1 June 16, 2017 L.A.’s Economy (2013- 2017) TOURISTS AIR PASSENGERS SHIPPING CONTAINERS 47m 80 8.9 il mil mil 42 67 7.9 20% 12% 13% mil mil mil 2013 2016 2013 2016 2013 2016 BUILDING PERMITS ISSUED ACTIVE BUSINESSES 520, UNEMPLOYMENT RATE 164, 000 10% 000 54% 130, 4.6 400, 25% 31% 000 % 000 2013 2016 2013 2017 2013 2016 Created 176,000 new jobs - L.A.’s Economy is Booming! But Mayor Garcetti wants to Create Longest & Biggest Economic Boom. 2 1

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 Mayor’s Office of Economic Development Build a Better Economy for LA Attract More RE Development Establish More New Businesses Increase International Trade Attract More Real Estate Development Implementing 100 Enhancements to Shorten Development Time Water & Power Transportation Planning Fire Building & Safety Engineering Street Service Street Lightening Sanitation Contract Admin. Housing o Unite eleven (11) development services departments to visualize and implement 100 enhancements to shorten development time: - Prepare feasibility study on projects for potential investors - Provide consultation and facilitation services to major projects - Approve mid and small projects over-the-counter - Build partnership between City and industry through workshops o Parallel Design-Permitting-Construction Process Major projects designed, plan checked, and constructed concurrently 4 2

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 Traditional Development Process – in Series Design Construction Permitting Start Design Start Plan Check Start Construction Cert. of Occupancy Parallel Design Permitting Construction Process – in Parallel Start Design Design Concept Detail Design Permitting Permitting Start Plan Check Construction Foundation Core and Shell Start Construction Cert. of Occupancy 5 METROPOLIS (Greenland USA) The 4 high-rises with over 1500 units: er I: 38-story condo high-rise Tower er II: 40- story condo high-rise Tower er III: 56-story condo high-rise Tower el Indigo: 18-story (350 hotel rooms) Hotel April 2017- 40 months later December 2013 Temporary Certificate of Occupancy (TCO) Vacant Parking Lot with no building plans issued for 2 High-rises TCO TCO The Fastest-Built Project in USA 3

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 Establish More New Businesses Outreach to Start-up Businesses in Underserved Communities o Conduct entrepreneurial development workshops o Re-engineer 9 Business Source Centers to guide small businesses: - Provide hand-holding consultation and assistance - Help formulate business plan - Coordinate financial resources o Establish Biz Case Management Program as Business Advocates: - Act as Consultant, Navigator, Problem Solver, and Facilitator - Increase accessibility to City departments - Expedite approval process for licenses and permits 7 Establish More New Businesses Recruit Key Legacy and Emerging industries Aerospace High Tech Clean Tech Green Tech Bio Tech Web Based Media o Recruit more tech firms to strengthen our position as Silicon Beach o Host Tech Job fairs o Foster development of Biotech hub and incubator in Eastside of LA o Implement Skills-based Training to Community Colleges Employment Programs o Nurture Web-Based Media Production with policies that: - Allow flexibility - Lower permit costs 8 4

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 Support Existing Businesses in A&D Context • Southern California was a pioneer in transforming the industry with giants such as Northrop, Howard Hughes and Donald Douglas; as well as the thousands of local suppliers. Supporting Aerospace and Defense • Los Angeles remains the largest manufacturing hub in the United States • 365,000 workers in the Los Angeles area and over • 25,000 firms classified as manufacturing • The Mayor took a strong position on aerospace when he assumed office, having an industry liaison, and leading the SoCal region in efforts to improve the industrial ecosystem around the A&D industry. 9 Strategy: AMP SoCal Federal & Regional Support • Lobbying Defense Dept to keep Los Angeles Air Force Base and supporting Northrop Grumman for the $60 billion Long Range Strike Bomber contract in Palmdale (thousands of jobs and new local supplier contracts) • AMP SoCal & IMCP Designation: Resulting in $140M in federal dollars to the region, and over $1B in leveraged investments as a result of the designation. • AMP SoCal Partners worked with over A&D companies that will receive over $28M in state tax credits via CA Competes, with their commitment to invest over $1B into the region. • Mayor’s Aerospace Liaison is the Chair of the Site & Infrastructure Development Pillar Committee, in addition to serving on the Executive Council. 10 5

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 Developing the A&D Industry Next Steps • Phase II: Advanced Manufacturing Partnership of Southern California (AMPSoCal) – Bringing it back to the suppliers • Supplier development program, in collaboration with large OEMs, to help SoCal’s A&D industry manage an increasingly complex and cost sensitive supply chain. • FAA Drone Advisory Committee – Harmonizing policy across jurisdictions • UAV Policy & Aerial Innovation Zones – Preparing for the next generation of aerospace entrepreneurs Contact Information • Mayor’s Office Aerospace/Manufacturing Liaison: Adrienne Lindgren – Adrienne.Lindgren@lacity.org / 213-610-8277 11 Increase International Trade Mayor’s Export Council & Export Program • Export Council: Established in December 2015 to develop initiatives to increase employment opportunities and business growth through exports o 12 private sector executives: Ivan Rosenberg, Managing Partner, InVista Associates o Diverse : machinery, finance, shipping, architecture, electronics, energy, and more o Convene export events to bring together the international trade community & Provide L.A. companies the tools and resources to succeed with exports • Export Program: Launched in October 2016 to connect Los Angeles businesses to growing international markets o 96% of the world’s consumers are outside the U.S. o Every $1 billion in exports supports nearly 6,000 jobs o Partners: Mayor’s Export Council, Los Angeles Regional Export Council (LARExC), Los Angeles Tourism and Convention Board and U.S. Department of Commerce Outreach Advise Assist 12 6

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 Increase International Trade Create Export Opportunities for L.A. Companies Outreach to 100 businesses per week to raise interest for export • Host quarterly workshop to educate manufacturers: TradeConnect & ExporTech programs • Conduct trade tours w/ L.A. companies to expand their global market • LOCATION DATES INDUSTRIES/SECTORS Melbourne, Australia Feb 28 - Mar 05 Aerospace Abu Dhabi & Dubai Mar 28 - Apr 4 Automotive & FDI Mexicali, Mexico May 21-23 Aerospace Mexico City, Mexico Sep. 9-14 CleanTech Beijing, Chengdu, Guangzhou, China Nov. 8-10 Architecture/ Design Hong Kong Nov 14-17 Cosmetics, Lifestyle Singapore Feb. 6-11 2018 Aerospace, Defense 13 Increase International Trade Australia Aerospace Trade Tour (Feb.-Mar 2017) Purpose • Support local aerospace companies’ at the Avalon Airshow Delegation • 7 aerospace companies Partners • U.S. Department of Commerce, LARExC, and Government of State of Victoria Accomplishments • Over 20 meetings w/ local companies and potential buyers • Increased visibility for participants and facilitated networking 14 • Developed 2 foreign direct investment leads 7

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 Increase International Trade Mexicali Aerospace Trade Tour (May 2017) Purpose • Connect local aerospace companies with real sales opportunities in Mexicali in 2 days Delegation • 11 local aerospace companies Partners • U.S. Department of Commerce, LARExC, Mexicali City Government, Baja California State Government Accomplishments • 3 site tours of major companies (Honeywell, GKN, UTC) • Speed dating w/over 10 Mexican companies • Supplier-buyer meetings • Networking meetings and receptions 15 Increase International Trade Connect L.A. to the World Partner with 30 Consulates to Enhance Mutual Trade Benefits China Mexico Italy Canada Germany UAE South Korea Spain Kuwait Japan Philippines Indonesia Turkey Bangladesh Chile Thailand Egypt Malaysia Sri Lanka New Zealand Australia Denmark Switzerland Brazil Saudi Arabia Colombia Belgium Argentine United Kingdom Ecuador Host foreign government and business delegations Conduct matchmaking services between foreign and local businesses Recruit foreign business and real estate investment into L.A. 16 Provide concierge services for companies interested in locating in L.A. 8

The Aerospace & Defense Forum The Los Angeles Chapter June 16, 2017 Mayor’s Office of Economic Development THANK YOU QUESTIONS? 17 9