WCEDC 2023 Annual Report

Page 1

HARNESSING ECONOMIC GROWTH AND DEVELOPMENT FOR OUR

2023 Annual

REPORT

FUTURE


WARREN COUNTY

TRENDS

These statistics collectively demonstrate the positive economic trajectory of Warren County, Iowa. Such growth in retail sales, new businesses, and population showcases a vibrant and prosperous community. People are choosing to relocate to the county, attracted by its economic opportunities and quality of life.

Business Establishments

4,736

Trend Increase Employer & Non-Employer

Net Migration 2022-23

+3.7%

2021 Total Retail Sales

$407,128,265

Trend Increase

Trend increase 8.4% from 2020

2022 Median Household Income

2023 Unemployment Rate

Trend decrease

Trend increase

Trend stable

2022 Labor Force

2022 Population Estimate

2022 New Housing Permits

Trend increase

Trend increase

Total housing units 21,971 in July 2022

Employed, likely to change, HS education +

Iowa Business Tax Climate Index

Public School Enrollment

#38

10,473

Trend increase

Trend Unchanged

Trend increase

2020 Poverty Rate

5.4%

28,825

83.2%

$85,189

53,402

2.6%

512

KEY Green: Positive Trend Yellow: Even Trend Orange: Negative Trend Info from census.gov, State of Iowa, 2023 Laborshed Report, St. Louis Fed, and ISU Data for Decision Makers


YOUR BUSINESS & COMMUNITY RESOURCE CONNECTOR The WCEDC team is the catalyst, convener and resource that is driving proactive economic development efforts in Warren County, Iowa.

Sustainability & Advocacy

Business Recruitment

Business Assistance

Workforce Development & Quality of Life

WCEDC is positioning Warren County’s communities, businesses and industry to capitalize on the rapid expansion of the Des Moines metro area by offering the following resources: Site Certification Assistance Business Attraction, Retention & Expansion Site & Building Listings Commercial & Retail Development New Business Starts Grants & Revolving Loan Workforce Development Growing Leaders Community Betterment County-wide Tourism

YOUR WCEDC TEAM

Rachel Fusco

EXECUTIVE DIRECTOR rfusco@wcedc.com O: 515-961-1067 C: 515-779-7865

Lucinda Sperry

MARKETING & BUSINESS DEVELOPMENT lsperry@wcedc.com O: 515-961-1067 C: 515-201-8323

Latest News & Events at www.wcedc.com


THREE CERTIFIED SITES IN PROGRESS NORWALK Dunn Industrial Certified Site

142 ACRES Status: Application 8/31/23 Multiple contiguous 40 acre parcels available - Tax abatement available - Tax Increment Financing available Average HH Income: $84,626 Traffic count: 25,000 VPD & growing - Quick access to I-35 Via HWY 5 Bypass

INDIANOLA Industrial Park Plat 3 Certified Site 30.2 ACRES Status: Waiting on Utilities

Prime industrial development land situated within Indianola city limits. Situated along the south side of Highway G36, this property is conveniently 1 mile from Highway 65/69 and 1.5 miles from Highway 92.

CARLISLE Koethe/Wright Certified Site

104-186 ACRES Status: Waiting on Utilities Over 100 acres of development land just off of the highway 5 bypass ready for development into future industrial business.


Aronson Woodworks

LOANS THAT

LEVEL UP SMALL BUSINESS NEEDS

Warren County Economic Development offers a revolving loan fund for small to medium sized businesses. WCEDC has available matching funds through state and federal programs to increase the size of the revolving loan fund pool.

ARONSON WOODWORKS, Prole

PROJECT: Expansion working capital + adding 3 staff

$50,000 Revolving Loan Amount

Aronson Woodworks in Prole is not your run-of-the-mill custom furniture business. Their patented “CLAIZE™” finishing process allows them to color the grain of the wood and the “field”—the spaces between the grain—in uncommon ways. From rainbowcolored grain to black and white patterns resembling animal stripes, their work has graced the pages of Architectural Digest, House Beautiful and Traditional Home magazines. Clayton and Megan Aronson’s uniquely colored, woodgrain furniture became not just the talk of the town but shared by designers around the world. Their revolving loan funds helped them expand to meet the demand.


Copper + Fringe Beauty Co

HELPING SMALL BUSINESSES WIN

BIG

Staging Sisters

WCEDC organizes this annual Small Business Grant Contest as part of our commitment to helping small businesses grow in Warren County. Grants are awarded to the top three Existing and Start-Up Business applicants. The top businesses move to round two to showcase their entrepreneurial spirit at a Pitch Off Event with a total of $19,000 in prizes up for grabs.

2023 EXISTING BUSINESS GRANT WINNER

COPPER + FRINGE BEAUTY CO, Indianola PROJECT: Increase service offering through additional training of new and existing staff

$6,000 Grant Awarded

2023 START UP GRANT WINNER

STAGING SISTERS, Indianola

PROJECT: Purchase trailer to expand business

$5,000 Grant Awarded


EVENTS & TRIPS

Warren County DMDC Trip 2023

8 Community Leaders May 11-13, 2023 WCEDC staff organizes the Warren County delegation to attend the Greater Des Moines Partnership’s DMDC trip each year. We invited our legislators to come visit us and take a tour.

WARREN COUNTY

BUSINESS & BALLOONS BREAKFAST AT THE NATIONAL BALLOON CLASSIC August 2, 2023

WCEDC hosts an annual Warren County Business Breakfast during the National Balloon Classic as an opportunity for communities to network and hear/share updates from around Warren County. This year Jay Byers, newly elected President of Simpson College was the guest speaker to 65 attendees.


DEVELOPMENT HIGHLIGHTS AROUND THE COUNTY Norwalk Central 60+ ACRES Status: In progress

Norwalk Central is a large mixed-use development area in the heart of Norwalk. Opportunities for recreation, sporting venues, fitness, entertainment, retail shopping, service providers, eateries, hotels, and public spaces such as parks, trails, amphitheater, and civic/community facilities

Hy-Vee Distribution Center, Cumming 145+ ACRES Status: In progress

Located off Interstate 35, the site is slated to contain a 635,000 square feet distribution center to house Lomar Distributing, a Hy-Vee Fast & Fresh store, a coffee shop, and a fuel station.

The Village expansion, Indianola Status: In progress Future expansion to the The Village with additional living and gathering spaces.


Microsoft Osmium Development, WDM 1,700,000 SF Assessment: $310,000,000 Status: In progress

The third Microsoft Data Center, Osmium, has finished buildings one through four. Currently, building five is under construction.

Scotch Ridge Business Center, Carlisle

330,000 SF Spec Building Status: In progress Bay Size: 48’ x 50’, with a 60’ speed bay Clear Height: 32’ clear Dock Doors: Forty (40) 8’ x 9’ Dock Doors with mechanical dock levelers (35,000 lbs.)

Milo Locker Meats expansion, Milo Status: Planning

Milo Locker has purchased a lot adjacent to build a future storage facility.

Dunn Industrial Park, Norwalk 20,000 SF Status: In progress

A premier industrial destination located in Norwalk. Near Hwy 28 Outdoor storage options and shovel-ready facilities, a business can be up and running in no time.


CREATING POSITIVE CHANGE THROUGH

LEADERSHIP TRAINING WELCOME

TO THE

CLASS OF

2023

Established in 1993 WCLI’s primary objective is to train and inform leaders to create the best future for themselves and their county. Each year participants experience 8 expert-led leadership sessions, meet emerging leaders, manage a class-led project that benefits Warren County, and enjoy an interactive county-wide bus tour that highlights communities, businesses and developments across Warren County.

WCLI Class of 2023

EP MATTER ST

S

5K ALTH

EVE RY

15 members Project: $7,638.89 Donated to H.E.A.L. House of Iowa

JULY

L

/W

A

RU

N

HE

22 AL

K FOR ME

NT

This class held a Every Step Matters 5K Run/Walk at Banner Lakes to raise mental health awareness and also raised funds to assist a local charity.

WCLI Class of 2022

18 members Project: Raised $75,000 for a new Warren County Fair Playground The class of 2022 solicited funds for two years through various online, in person and advertising efforts to achieve the largest WCLI fundraising effort to date.


$112,067.32

AWARDED TO WARREN COUNTY NONPROFITS IN 2023 Since its inception Warren County Philanthropic Partnership has awarded more than $1 million to nonprofit organizations in Warren County to improve quality of life. From providing equipment to area police and fire departments to improving education and arts

CITY OF MILO

and entertainment, WCPP has responsibly distributed Iowa's County Endowment Fund to worthy projects impacting the entire county. HERE ARE TWO EXAMPLES:

NEW EMERGENCY WARNING SIREN City of Milo $5,000 Awarded

FRIENDS OF CARLISLE PARKS

The City of Milo needed to replace an old emergency warning siren that was more than 40 years old. A new warning siren with a battery backup was purchased with grant funds and will serve the safety needs of the community.

NEW INCLUSIVE PLAYGROUND Friends of Carlisle Parks $25,000 Awarded - High Impact Award

Carlisle had an outdated playground structure in North Park that needed replacing. Grant funds were used to build a new safe playground that provides a welcoming space where children of all abilities can foster friendships, learn new skills, and feel comfortable expressing themselves through play.


S N VE OR AD NTURE S DO |S UT HO |O P

S | BEER, WI L EAT NE CA LO ,S PI R

OO

IT

Wande r

WAR REN COUN TY A

D

ER

IOWA

W

AR

G N PI

W

N

R E N C O N T Y.C O U

M

COUNTY-WIDE TOURISM EFFORTS Many of our communities are hosting amazing events and creating fun placemaking endeavors that spread community pride and allow travelers to visit and enjoy.

RECENT ACTION HIGHLIGHTS: NEW WANDER WARREN COUNTY STICKERS PINTEREST ACCOUNT PARTNERSHIPS WITH CHAMBERS TO ASSIST WITH EFFORTS

We have partnered with Iowa Tourism to create some starting goals: 1. Give each community a brand identity 2. Highlight historic and

SOCIAL MEDIA CONTESTS & GIVEAWAYS NORWALK SUPER GOLD ALE LABEL DESIGN AND COMMUNITY LAUNCH

placemaking spots 3. Create a county-wide event calendar to promote our amazing community events

TAKE A BREAK FROM THE HUSTLE BOUTIQUE FARMS LOCAL EATS HANDCRAFTED BEER, WINE & SPIRITS BIKING & HIKING TRAILS OUTDOOR ADVENTURES CURATED SHOPPING

WANDERWARRENCOUNTY.COM


EMPOWERING VOLUNTEERISM AND COMMUNITY

PRIDE

MURALS CLEAN UP DAYS

COMMUNITY EVENTS PARADES

YARD CONTESTS PLACEMAKING PROJECTS

The member communities of Warren County Hometown Pride bring volunteers together to build a sense of community, create and improve public amenities, and celebrate what makes our towns great. We have 7 local participating committees: Carlisle, Cumming, Hartford, Indianola, Milo, New Virginia, and Norwalk. Each committee operates independently, but they also work together to share ideas and resources, support each other, and implement regional projects. WCEDC has played an integral role in the establishment of the Warren County Hometown Pride Program and actively supports, collaborates, and financially contributes to the endeavors of this program.

Get involved @ warrencountyhometown.com


BOARD & EX-OFFICIOS

Doug Shull

Clint Welling

Denis Frischmeyer

Diane Hall

Jack Bohlender

Jay Byers

Mayor Frank Cownie

Simpson College BOARD MEMBER

City of Des Moines BOARD MEMBER

Charlie Dissell

Scott James

Deven Markley

Bradley Munford

Mayor Tom Phillips

Brad Rudolf

Mark Snell

Kyle Walker

Private Investor PRESIDENT

WCEDC is funded through a combination of public and private funds.

TruBank VICE PRESIDENT

Norwalk Ready Mix BOARD MEMBER

City of Indianola BOARD MEMBER

City of Norwalk BOARD MEMBER

Stacie LoVan

Greater Des Moines Partnership EX-OFFICIO

James Oil LLC BOARD MEMBER

Rudolf Insurance BOARD MEMBER

Katie Lord

MidAmerican Energy EX-OFFICIO

DCI Group Treasurer

City of Carlisle BOARD MEMBER

Warren County Supervisors BOARD MEMBER

City of Milo SECRETARY

City of West Des Moines BOARD MEMBER

Peoples Company BOARD MEMBER

Founded in 1992 the Warren County Economic Development Corporation is a non-profit organization that supports and promotes business growth in the area.


THANK YOU TO OUR INVESTORS SO FAR

2.0

CAPITAL CAMPAIGN Learn more about being an investor at www.wcedc.com/growarrenow COMMUNITY CHAMPION Our investors help fund all our initiatives that drive Warren County's proactive economic development efforts

PLATINUM

GOLD

SILVER

Downing Investments

Doug Shull BRONZE CemenTech DMACC Iowa Realty - Karey Bishop

Miller Electric Miller Mechanical SVPA Architects Woda Cooper Companies, Inc

PUBLIC INVESTORS Warren County Indianola Norwalk Carlisle Hartford

Cumming Milo New Virginia West Des Moines Des Moines


OUR COMMUNITIES ACKWORTH BEVINGTON • CARLISLE CUMMING • DES MOINES HARTFORD • INDIANOLA LACONA • MARTENSDALE MILO • NEW VIRGINIA NORWALK • SANDYVILLE SPRING HILL • ST. MARYS WEST DES MOINES

111 N BUXTON ST INDIANOLA, IA 50125 515-961-1067 info@wcedc.com www.wcedc.com


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