Welcome. Comprehensive and Sustainability Plans Lakewood Innovates Open House October 1, :30-8 p.m. 5:30 p.m. Open House. 6:30 p.m.

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1 Welcome Comprehensive and Sustainability Plans Innovates Open House October 1, :30-8 p.m. 5:30 p.m. Open House 6:30 p.m. Speakers: Tom Clark Metro Denver Economic Development Corp. Tom Clark is the chief executive officer for Metro Denver Economic Development Corp. and executive vice president of the Chamber of Commerce. Mr. Clark has more than 30 years of economic development experience at the state, regional, county and city levels. Hunter Lovins Natural Capitalism Solutions Hunter Lovins is president and founder of Natural Capitalism Solutions. Ms. Lovins areas of expertise include sustainable development, globalization, energy and resource policy, economic development, climate change, and land management. 7:30 p.m. Open House / Q & A

2 s Economy At a Glance Projected Popula on and Employment Growth Occupa ons (all workers 16+) Estimate 2035 Forecast Population 143, ,000 Employment 73, ,000 Natural resouces, construction, and maintenance Production, transportation, and material moving 9.9% 9.3% 38.6% Management, business, science, and arts Estimate 2035 Forecast Population 2.8 Million 4.0 Million Employment 1.6 Million 2.3 Million Sales and office 25.8% 16.5% Service Data Source: Denver Regional Council of Governments 2013 Data Source: Amercian Community Survey - Sales Tax Revenue Cost of Living $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $31.7 M $27.9 M $29.4 M $28.5 M $28.1 M $28.5 M $29.4 M $51.9 M $53.5 M (est.) $48.9 M $49.2 M $47.7 M $51.9 M (est.) $49.3 M $46.0 M $45.5 M $29.9 M City All Items Index* Grocery Housing Utilities Transportation Healthcare Goods and Services St. Louis, MO-IL Austin, TX Phoenix, AZ Atlanta, GA Houston, TX Denver, CO Miami-Dade County, FL Minneapolis, MN Portland, OR Chicago, IL Seattle, WA $- Washington, DC San Francisco, CA Data Source: City of *Index measures the relative price levels for consumer goods and services in selectedcities as compared with the national average of 100 for all participating cities as compared with the national average of 100 for all participating cities. Data Source: Council for Community and Economic Research, First Quarter Data. Industries Total Wages by Industry Sector Industry Sectors in 10-Year Trend $193.6 $241.4 $182.0 $99.1 $92.8 $88.1 $102.3 $285.3 $292.0 $463.1 $401.7 $445.2 Professional, Scientific, and Technical Services Government Health Care and Social Assistance Manufacturing Finance and Insurance Retail Trade Administrative and Support and Waste Management and Remediation Services Construction Other Services (Except Public Administration) Accomodation and Food Services Wholesale Trade Transportation and Warehousing NAICS Descrip on 2002 % Average Annual Earnings Per Worker Earnings Value Code Jobs Jobs Change Change () of Change 62 Health Care and Social Assistance ,754 34% $ 43,792 $ 120,603, Finance and Insurance ,396 28% $ 51,064 $ 71,285, Professional, Scien c, and Technical Services ,284 19% $ 66,247 $ 85,061, Other Services (except Public Administra on) % $ 27,322 $ 12,076, Informa on (51) () $ 59,730 ($3,046,230) 11 Agriculture, Forestry, Fish and Hun ng (79) (56%) $ 22,322 ($1,763,438) 23 Construc on (440) (9%) $ 49,269 ($21,678,360) 56 Administra ve and Support and Waste Management and Remedia on Services (3,020) (32%) $ 35,500 ($365,767,300) Wages, Salaries, and Proprietor Earnings ($ millions) Data Source: City of Strategic Opportuni es Analysis () Full of Possibilities

3 and the Region Employment Comparison Labor Force in the Region Place People (16 yrs+) City of 117, ,245 1,949,093 3,888, ,302,749 Labor Force Labor Force Participation Rate 73, ,618 1,294,355 2,476, ,832,499 Unemployment Rate1 62.5% 65.5% 66.4% % 6.9% (Jul 2013) 6.5% (Jul 2013) 6.8% (Jul 2013) 6. (Aug 2013) 7.3% (Aug 2013) Comparison Median Household Median Family Per Capita $54,918 $67,827 $61,734 $57,685 $52,762 $68,360 $83,398 $77,005 $71,721 $64,293 $31,327 $35,587 $32,980 $30,816 $27,915 Place City of Jefferson County Area A household is deįned as one or more people living in a residence. A family is more than one person living together, either married or of the same bloodline. Data Source: American Community Survey, Not seasonally adjusted, Bureau of Labor and StaƟsƟcs Job Growth Comparison Job Growth by Region 3.00% % % 2.52% -1.82% 1.42% 2.75% 2.00% 1.00% -0.33% 0.64% 0.95% 0.62% 2.79% 0.31% % 1.14% 2.34% -0.76% 2.09% 2.24% % -2.49% 0.43% 1.69% 2.43% 0.00% -0.30% 1.79% 2.35% 2.30% 3.43% 1.15% -2.63% 0.22% 1.72% 2.20% -1.00% % 2.13% 2.08% 1.99% -0.09% -3.08% % State of NaƟon -2.00% -3.00% Job Growth by Peer CiƟes 4.00% Englewood Westminster Boulder Fort Collins Centennial Golden -0.42% 1.31% % -1.79% -1.55% -1.22% 1.29% -0.18% 1.89% 3.42% -1.42% -0.08% 2.36% 4.48% 1.98% % 3.84% 1.08% 2.65% 3.90% 1.92% -0.20% 1.60% 2.03% 1.55% 0.21% 4.08% 4.32% % 3.50% 4.12% 3.53% 1.68% 2.03% 1.65% 1.95% 1.26% 1.52% % 0.56% -1.31% -1.82% -2.78% % -3.26% 1.66% % 1.22% % % 2.88% 0.80% 1.42% 2.92% 2.24% 2.36% 0.86% 3.85% 3.34% % 2.66% % 1.56% Englewood 3.00% Westminster 2.00% 1.00% 0.00% Boulder -1.00% Fort Collins Centennial -2.00% Golden -3.00% Data Source: City of Strategic OpportuniƟes Analysis () Vacancy and Lease Rates West Downtown Denver Southeast Metro Denver Area Office Vacancy Office Lease Rates Industrial Vacancy 18% 1 11% 12% 22% 14% $17.99 $17.30 $26.00 $18.75 $13.00 $ % 3% 3% 8% 6% Industrial Retail Retail Lease Rates Vacancy Lease Rates $5.51 $5.70 $4.49 $7.00 $3.85 $7.35 4% 5% 8% $11.20 $13.00 $23.75 $15.25 $15.00 $16.00 Data Sources: Second Quarter, Data: Economic Development, Retail data: Newmark Grubb Knight Frank, Oĸce and Industrial:Cushman and WakeĮeld Academy Park office park Full of Possibilities

4 S SHERIDAN BLVD Employment Centers and Job Flows Major Employment Centers 1 Commuting Patterns The majority of jobs are located in five major employment centers. I-70 DENVER WEST COLORADO MILLS BLVD 70 Denver West W COLFAX AVE 287 I-70 YOUNGFIELD ST W 10TH AVE W 8TH AVE W 26TH AVE W 20TH AVE SIMMS ST WELCH ST SIMMS ST W 32ND AVE KIPLING ST Technology Center W 6TH AVE GARRISON ST CARR ST W 10TH AVE 6 WADSWORTH BLVD W COLFAX AVE W 26TH AVE PIERCE ST 40 HARLAN ST W 20TH AVE W 6TH AVE SHERIDAN BLVD 80,517 Worker Inflows / Outflows 1 15,522 52,026 UNION BLVD Union Blvd / Federal Center DENVER FEDERAL CENTER W 1ST AVE PIERCE ST W 1ST AVE S ALKIRE ST W CEDAR DR W ALAMEDA PKWY S UNION BLVD W ALAMEDA AVE W MISSISSIPPI AVE Downtown / Belmar W ALAMEDA AVE S HARLAN ST S SHERIDAN BLVD 80,517 - Employed in, Live Outside 15,522 - Employed and Live in 52,026 - Live in, Employed Outside W ALAMEDA PKWY W JEWELL A V E W UTAH AVE W GREEN MOUNTAIN DR S UNION BLVD W JEWELL AVE W F L ORIDA AVE S KIPLING PKWY S GARRISON ST S PIERCE ST W FLORIDA AVE W JEWELL AVE Commuting Patterns by Direction and Distance 1 Commute Direction for Workers Employed in (Living inside/outside city) Commute Direction for Workers Living in (Working inside/outside city) S BEAR CREEK BLVD Legend 5-1,737 Jobs/Sq. Mile 1,738-6,935 Jobs/Sq. Mile 6,936-15,598 Jobs/Sq. Mile 15,599-27,726 Jobs/Sq. Mile 27,727-43,320 Jobs/Sq. Mile City of Jobs Jobs 393-1,981 Jobs 1,982-6,260 Jobs 6,261-15,282 Jobs 285 US HIGHWAY 285 s Largest Employers 3 Miles S KIPLING PKWY W BELLEVIEW AVE S ESTES ST Rank Company Product/Service Employees in 1 Federal Government Government 8,000 2 Je erson County Public Schools Educa on 2,734 3 St. Anthony Medical Campus Healthcare 2,024 4 Terumo BCT Medical Device Manufacturing 1,624 5 City of Government HomeAdvisor Internet Service Referral FirstBank Financial Services State of Government MoneyGram Interna onal Financial Services The Integer Group Marke ng 629 Academy Park GRANT RANCH BLVD W HAMPDEN AVE W QUINCY AVE Total All Jobs 100% Less than 10 miles 52.8% 10 to 24 miles 25 to 50 miles Greater than 50 miles Commute Distance for Workers Employed in Share % 8.1% Count 96,039 50,705 32,320 5,231 7,783 Top 5 Commuting Destinations for Workers Living in 2 1. Denver Jefferson County Unincorporated 4. Wheat Ridge 5. Arvada Commute Distance for Workers Living in Share 100% 64% 28.0% 2.3% 5.8% Count 67,548 43,223 18,898 1,531 3,896 Data Sources: 1. U.S. Census Bureau OnTheMap Application DRCOG Focus Travel Model (Cycle 2, ) 3. City of

5 Household Economics in Defining a Household Household Expenses The Household as an Economic Unit: Individuals and family units which, as consumers, buy goods and services from firms and, as resource owners, sell or rent productive resources to business firms. Average annual expenditures and characteristics of all consumer units,. (Source: Bureau of Labor Statistics, Department of Labor) Households do two fundamental things vital to the economy: 1. Demand goods and services 2. Supply labor, capital, land, and entrepreneurial ability Average number of people in consumer unit (household): Persons: 2.5 Earners: 1.3 Vehicles: 1.9 Percent homeowner: 64% before taxes: $65,596 Transportation & Housing Index Housing is considered affordable if it costs less than 30% of a household budget. Transportation is the second largest expense for families, but few consider these costs when choosing a place to live. When transportation costs are added to the housing affordability equation, the number of affordable neighborhoods (in yellow) declines. When combining housing and transportation costs, 45 percent of household income is considered affordable. Source: Center for Neighborhood Technology. Data displayed by U.S. Census block groups Housing Cost as a Percent of Average Household 30+ percent < 30 percent Housing + Transportation Cost as a Percent of Average Household 45+ percent < 45 percent City of Boundary