11.17.25 - MARICOPA COUNTY BOARD OF SUPERVISORS (1)-COMPRESSED.PDF
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Maricopa County Board of Supervisors NOVEMBER 17, 2025 602.256.7700 /// gpec.org ABOUT GPEC Our Mission To attract and grow quality businesses, and advocate for Greater Phoenix’s competitiveness. Advancing regional competitiveness COMPETITIVENESS Expanding local innovation capacity Galvanizing the startup ecosystem Building international visibility & enhancing awareness of the region’s capacity Attracting world- class industry leaders to the region 2 FY25 Review 3 FY24 REVIEW FY25 End of Year Evaluation Criteria Contract Target Stretch Actual Result Locates 54 Payroll Generated (millions) $421.10 $467.88 $514.67 $572.02 Stretch Average High-Wage Salary $70,235 $78,039 $85,843 $91,206 Stretch Number of Jobs 7,201 8,002 8,880 7,206 Contract Number of High-Wage Jobs 3,813 4,236 4,660 4,983 Stretch Qualified Prospects 233 259 285 264 Target International Prospects 43 48 53 78 Stretch GPEC Assists 10 12 14 14 Stretch Stakeholder Satisfaction with Business Attraction 7.0 7.3 7.6 9.1 Stretch Stakeholder Satisfaction with Competitive Position 7.0 7.3 7.6 9.3 Stretch Community Return on Investment 23:1 25:1 27:1 41:1 Stretch Competitive Position Progress Stretch Cash Reserve 98% 100% 102% >102% Stretch 4 FY25 REVIEW Arctic Ammo Major Maricopa County Locates 5 FY25 REVIEW Locates by Supervisor District 6 Business Development Update 7 BUSINESS DEVELOPMENT UPDATE 113% 30% 101% Prospect Stats of Goal International of Last Year FY25 Quick Overview 54 Companies Located in FY25 $7.2B in Capital Investment Jobs Created in the Region 7,206 Avg. High-Wage Salary $91,206 Numbers as of June 30. 8 BUSINESS DEVELOPMENT UPDATE Active Prospects 199 FY25 Prospects 264 Square Footage Potential* 81.4M Capital Investment Potential* $52.7B Jobs Potential* 61,756 *Numbers as of June 30 FY25 Prospect Activity 9 Regional Brand Platform Update 10 A New Way To City 11 REGIONAL BRAND PLATFORM UPDATE The Goal To tell the story of Greater Phoenix through a comprehensive brand platform that empowers a shared innovation-based identity and sparks local engagement, while influencing national and global understandings of our market by sharing authentic stories that bring the people to the forefront. Timeline: 12-month initial establishment; 3+ year full run. Primary Objectives National brand awareness among targeted working professionals Local engagement and activation Position Greater Phoenix as a unique innovation hub Core Distribution Channels REGIONAL BRAND PLATFORM UPDATE 12 Social Media Events Earned Media Murals Paid Media Comm. Activation Website Influencers Local National First Innovation Story Subjects 13 REGIONAL BRAND PLATFORM UPDATE Diamondbacks A cornerstone of Greater Phoenix sports, community giving and regional pride — on and off the field. Kids That Rip Discover why Tempe is producing Olympic-level skateboarders & how the community has boomed across in the Valley. Immersive Media/MIX Next-gen films, design virtual worlds and video games and immersive media experiences are being built at The Mesa- ASU MIX Center Barrow Neurological Neuralink trial Completed the first patient procedure for Neuralink’s N1 Implant WM Phoenix Open The best-attended golf tournament in the world that multiplies sustainability through giving APS Advancing clean energy innovation and grid modernization to power Greater Phoenix. Carvana Reinventing car buying through industry-leading ecommerce, logistics and reconditioning operations in Greater Phoenix. AZ-VC Fueling Arizona’s startup growth through early-stage investment and hands-on support for the state’s top founders. Carlisle Engineering high- performance building materials & technologies that strengthen sustainable construction across the region. Phoenix Suns & Mercury Iconic franchises elevating the region’s sports culture, community impact and national visibility. Arizona Board of Regents Driving Arizona’s knowledge economy by leading the state’s public university system and major research initiatives. Salt River Project Delivering reliable, renewable power and water resources while pioneering large-scale sustainability projects. Rebel Lounge Greater Phoenix will meet you where you are and Steve Chilton embodies how you can get things done here, including acquiring the largest federal funding of the arts in history. TSMC Making the most advanced (2nm) chips in the world; future of the semiconductor ecosystem in Greater Phoenix Desert Botanical Garden Community engaged conservation through the Saguaro Census Project; one of the largest rare plant collections in the world Culdesac The world’s first car- free community thriving in middle of city - heard from residents. Galina Mihaleva World-renowned artist, incorporating wearable technology into her designs, and professor at ASU Brain & Body Donation Program Largest donation lab in U.S. enabling scientific breakthroughs via critical research in neuroscience, medicine & human physiology. Lom Wong James Beard-awarded chef brings sincere dining to Phoenix uniquely adding to the region’s diverse pool of culinary experiences Lifestyle Arts Entertainment Technology Goodwill & FIDM How Greater Phoenix is building the global hub of sustainable fashion through high- tech circularity processes. REGIONAL BRAND PLATFORM UPDATE Strategy & Creative for Launch Foundation (May-Oct.) Content Build & Prep (Nov.-Dec.) Launch (Jan.) What’s already built Complete Website & Creative Look & Feel Finalize Creative Team & Production Workflows Begin Mural Activations Plan Local & Out-of-Market Activations & Collabs Finalize Paid & Earned Media Rollout Plan Continued Story Production & Content Creation Rollout & Activations Launch Website Launch Social Channels Release first wave of Innovation Stories Begin National Earned & Paid Media Activate Influencer Network Launch Event Activations Activity Timeline Fundraising National Sentiment Survey Metrics, Goals & Briefs Advisory Board est. Partner Recruitment/Buy-In Roundtables & Partnership Strategies Budget & Modeling Agency Contracts Core Content Strategy Local Talent Campaign Story Scoring Model Earned & Paid Media Strategies GPEC & Maricopa County 15 Over the last five years, GPEC and its partners have generated some impressive results for Greater Phoenix Regional Results 240 Regional Locates 43,155 Jobs $56.1B Capital Investment Photo Credit: Visit Phoenix FY25 FY24 5-Year Total Payroll Generated (in millions of dollars) $572.02 $513.96 $2,875.9 Jobs 7,206 7,431 43,155 High-Wage Jobs 4,983 3,987 24,207 Average Salary $79,381 $69,164 $66,642 Qualified Prospects 264 260 1,319 Assisted Locates 54 49 240 Capital Investment (in millions of dollars) $7,208.72 $3,040.6 $56,134.7 16 GPEC & MARICOPA COUNTY GPEC & MARICOPA COUNTY Maricopa County 5-Year Trend on Revenue Return Revenue Return 106:1 (5-Yr Trend) Return on Investment $106 of direct revenue for every $1 invested in new consumer spending generated by new Maricopa County jobs and employed Maricopa County residents $7.2B $378.7M in new Maricopa County direct revenues 85,016 new jobs for Maricopa County residents from region-wide locates Funding for FY25 AZ Office of Economic Opportunity 2023 Population $823,701 Maricopa County Investment 17 1 Includes property, sales and utility taxes, as well as state-shared and other local revenues. | 2 Includes direct revenues plus those generated by related supplier and consumer jobs. | 3 Revenue estimates are from the Greater Phoenix Consensus Impact Model. In 1999, GPEC and our members developed the region’s first-ever consensus-based revenue and economic impact model. Based on nationally accepted multiplier data provided by IMPLAN, the model is customized to calculate economic and revenue benefits for GPEC’s members and the State of Arizona. Thank You 602.256.7700 /// gpec.org