EconomicReporterPage-Magazine1a
THE ECONOMIC REPORTER

Third Quarter 2020

Bill - Newsletter

THE QUICK JAB

Bill Jabjiniak

Mesa continues to attract economic development projects and responds to small business needs

Continued Economic Momentum

Despite the economic challenges brought on by the pandemic, economic development projects have not slowed. Developers and investors are still constructing buildings and companies are still looking at expansion, relocation, and consolidation opportunities in Mesa. The following are just a few examples of the economic momentum taking place in Mesa.

Bill at beam raising
Mesa Economic Development Director Bill Jabjiniak signing the beam at Union beam raising event, June 22, 2020.

Exactly eight months from its groundbreaking celebration, Lincoln Property Company (LPC) and Harvard Investments placed the final beam at Union Building One – the first of four Class A office buildings planned next door to Sloan Park, the Chicago Cubs spring training facility. When complete, the project will bring a new, 1.35 million-square-foot corporate hub to the heart of Mesa’s Riverview District.

Nammo, an international aerospace and defense company headquartered in Norway, announced it would replace its current US organization of several smaller units with a new, consolidated defense manufacturing company called Nammo Defense Systems, which will be based in Mesa’s Falcon District. Nammo is investing approximately $30 million into the Mesa facilities and will be hiring as many as 40 additional employees.

Another large project is the Landing 202, a 605,000-square-foot Class A industrial product near Gateway Airport. The project was just completed and is now 80% leased with Dexcom recently announcing the lease of 486,000 square feet for its Mesa Regional Distribution Center. This lease allows Dexcom to more than triple the size of its presence in Mesa.

The 150,000-square-foot building at Longbow Gateway One was just put under agreement. We expect this project to create many new jobs in the Falcon District and anticipate a formal announcement soon.

Mitsubishi Chemical Adv Materials
Mitsubishi Chemical Advanced Materials 90,000-square-foot facility in the Falcon District.

Mitsubishi Chemical Advanced Materials just occupied its recently completed $10 million, 90,000-square-foot North American Research and Development Tech Center bringing new jobs and economic activity to the Falcon District.

BEMO
BEMO’s 100,000-square-foot facility currently under construction

Also, in the Falcon District, BEMO, a leading global provider of free-form architectural shapes and high-performance metal roof and wall systems, is constructing a 100,000-square-foot facility, which is expected to be completed later this year.

These are just a few of the considerable number of economic development projects happening in Mesa and there are many more in the works. www.SelectMesa.com

 

Mesa CARES lgo

Mesa CARES Small Business Reemergence Program

COVID-19 has made 2020 a year of unforeseen challenges never experienced before by not just Mesa companies, but businesses around the world. Moreover, the pandemic has pushed the City of Mesa into high gear to address the urgent needs of the business community. On May 6, to help businesses impacted by the virus, the City announced the Mesa CARES Small Business Reemergence Program – a multi-pronged approach to saving small businesses, accelerating recovery, and building resiliency.

Phase I of the Program provided financial grants to impacted companies to cover utility and rent/facility expenses for up to 90 days. More than $4.8 million in grants is being provided to more than 500 companies in Mesa.

Phase II includes the Small Business Technical Assistance Program, which began June 8 and will run through the end of the year. The program provides businesses customized training and support in areas such as marketing, business operations, human resources, professional IT services, financial counseling, web development and design, and e-commerce, among other topics. The City of Mesa is partnering with organizations and top-tier professionals to provide these services in the form of webinars, one-on-one counseling, individualized training, live Q&A sessions, bootcamps, workshops, and small group classes. More than $2 million has been earmarked for this program to serve Mesa businesses.

To qualify to receive training, education, and/or support services, business must be a Mesa-based business. Home-based businesses and non-profits are eligible. Even if a business has received CARES funding (PPP, EIDL, or Mesa CARES), they are eligible for technical assistance. The City of Mesa can serve 500-1,000 businesses with this program! Don’t miss out.

Businesses can learn more, see a list of classes, consulting, and training options, and apply for the program at www.MesaAZ.gov/CARESBizTechAssist.

Phase III will include the Small Business Marketing and Promotion Program that will focus on driving business to our local companies. This will include campaigns to spur increased tourism, dining, retail, and entertainment activities throughout the City. One such campaign will be “Escape to Mesa” that focuses on vacation packages that will encourage spending, not only in local hotels, but also at restaurants, retail, and entertainment establishments. Learn more at www.EscapeToMesa.com.


 

NEWS FROM OUR PARTNERS

Hangar project

New hangar space under construction at Falcon Field

Nearly 400,000 square feet of hangar and office space has begun construction at Mesa’s Falcon Field Airport despite the coronavirus-induced economic downturn. The pandemic has halted many industries, but construction continues as companies aim to relocate in Arizona. The 23-acre development, a partnership with Davcon Aviation and Mesa Hangar, will offer significant opportunities for new and expanding aviation businesses and is expected to help attract new jobs. The development is inside an Opportunity Zone specially designated by the U.S. Treasury Department to stimulate investment. Construction of the $65 million project is being managed by GCON, Inc. The hangars will feature S-1 occupancy with proposed uses including FBO operations, corporate aircraft storage, helicopter operations, aircraft maintenance, light aviation manufacturing and assembly, and aerospace industry uses. For more project information visit www.falconfieldhangars.com.


 

  Visitors Mean Business 

Visit Mesa educates about power of travel and prepares for travel’s ‘next’ normal

Did you know: Mesa attracts 4.4 million annual visitors who account for more than $460 million in spending from day and overnight trips (Source: Longwoods International). Visit Mesa, the City’s destination marketing and management organization, has released a video sharing the economic impacts of tourism, illustrating how visitor dollars support Mesa’s quality of life while lowering resident taxes.

In addition, Visit Mesa released VisitorsMeanBusiness.com, an up-to-date information resource and new platform for the public to engage directly with Visit Mesa and learn more about the impacts of the visitor industry. These efforts are all part of the advocacy outreach campaign aimed at educating Mesa residents about the power of travel as the industry prepares for the ‘next normal.’

www.VisitorsMeanBusiness.com


 

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Mesa Chamber of Commerce members step up to help those in need

The Mesa Chamber of Commerce is proud to share the stories of members that are making a difference in these challenging times:

  • AmSafe Manufacturing donated 2,500 surgical gowns used as personal protection equipment (PPE) to the Maricopa County Unified Command Center. AmSafe, ordinarily a worldwide manufacturer of airbags and airline seatbelts, was able to use its production line to create washable gowns using airbag materials. The gowns are a long-term cost saver because they can be washed and sanitized. The 2,500 gowns are valued at $65,000. VIDEO / PRESS RELEASE.

  • Through the Mesa Chamber of Commerce network, Mesa United Way began working with Gateway Bank to obtain PPP funds through the CARES Act. Once engaged with the Gateway team, Mesa United Way’s application proceeded smoothly. Gateway Bank, a strong supporter of local non-profits, was able to secure PPP funding for Mesa United Way ensuring the organization would continue to provide critical care in the community by ensuring that its employees would be able to retain their jobs and health coverage. PRESS RELEASE
  • Within a few days of receiving a call for assistance from the White Mountain Apache Indian Tribe tribal council, United Food Bank, a Chamber member non-profit, sent two semis and a box truck 200 hundred miles to deliver 62,000 pounds of food to the Tribe. NEWS STORY
  • In May, leaders from the Mesa Chamber of Commerce Falcon Leads Group organized group members to raise funds for another member, the Community Alliance Against Family Abuse (CAAFA), to provide safe places for abuse victims to stay. CHAMBER NEWSLETTER STORY

It is members like these that make a difference in the community and make the Mesa Chamber a great asset for the City of Mesa.

www.MesaChamber.org