installation of Smart City and Smart Building technology for HQ2 .... Thousands of Computer Science Graduates from metro
Fort Worth & Amazon
2 Lower Cost of Operat ions FORT WORTH INCENTIVES: COMMITTED TO AN ENDURING P’SHIP
FTW’s low cost of living will generate an estimated annual savings in payroll equal to $1.75 B illion annually FTW will help secure discounted airf are and a dedicated service and check-in station f or Amazon employees at DFW Airport FTW will work with Amazon on the installation of Smart City and Smart B uilding technology f or HQ 2, yielding savings
3
Unambiguous Incent ives
FORT WORTH INCENTIVES: CLEAR AND DEPENDABLE COMMITTMENTS
Straightforward, performance-based incentives take the risk of uncertainty out the equation. No overly complex terms or processes
Capit al Invest ment Minimum Square Feet Minimum Job Impact Grant Percent age Of f ered
Built For Success
Once It’s Yours, It’s Yours
Fort Worth’s incentives are designed for the success of its partners. No artificial enticements tied down by complicated requirements
Annual grants based on successful performance are provided without threat of future recapture
Phase I
Phase II
Phase III+
$200 Million
$500 Million
$750 Million
500,000 SF
1,500,000 SF
3,500,000 SF
No Minimum f or Eligibilit y
No Minimum f or Eligibilit y
10,000 minimum
70%
80%
90%
5 $ FORT WORTH INCENTIVES: ACCESS TO ABUNDUNT & DIVERSE TALENT
Low Cost of Living 35% less than Seattle = $1.75 billion saving $35K for every $100K in salary Quick Commute All metro area tech labor is within an hour commute by Transit or Highway Rapid Growth Fort Worth has fastest growth among 20 largest US cities 2000-2016 Fertile Soil for a Tech Co. High concentrations in aerospace, transportation, warehousing, retail, manufacturing, healthcare
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At t ract ive t o Talent
FORT WORTH INCENTIVES: ACCESS TO ABUNDUNT & DIVERSE TALENT
Over 340,000 individuals working in key sectors required for HQ2 are within a one hour commute of downtown Fort Worth This includes over 223,000 in Professional Services, 72,000 in Information, and 45,000 in Management Position
Hourly Average
Hourly for 90th Percentile
Chief Executives
$67
$139
Computer and Information Systems Managers
$75
$131
Software Developers
$51
$75
Human Resources Managers
$51
$80
Human Resources Specialists
$30
$47
Lawyers
$53
$96
Accountants and Auditors
$38
$59
Office Supervisors
$28
$41
Clerical Staff
$30
$30
EMSI Q3 2017 Data Set
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At t ract ive t o Talent 25 Best Cities for Young Professionals 2017 (Forbes)
FORT WORTH INCENTIVES: ACCESS TO ABUNDUNT & DIVERSE TALENT
2010-2014 DFW has net new residents from Chicago (12K), New York (11K), and Los Angeles (9K) Fort Worth Median Age: 32.6 2 segments identified by ESRI based on socioeconomic and demographic composition, prefer homeownership, are composed predominantly of families with young children, and are racially and culturally diverse Major employers Lockheed Martin and Bell Helicopter provide fertile ground for planting a technology-based corporation
EMSI Q3 2017 Data Set
6 FORT WORTH HIGHER EDUCATION: ROBUST RESOURCES & PARTNERSHIPS
DFW Labor Pipeline in Place Thousands of Computer Science Graduates from metro universities, including UTD – US News and World Report #3 in Texas for Computer Science and Computer Engineering 6 Junior College Campuses with Associates Degrees in IT, Web Security, Convergence Technologies More than ¼ of the Local High Schools offer Computer Science and IT focused curriculum Public, Charter, and Private Schools offer college-level Computer Science Curriculum Science, Technology, Engineering, Math (STEM) Education from Kindergarten through PhD
6
Universit y Part nerships
FORT WORTH HIGHER EDUCATION: ROBUST RESOURCES & PARTNERSHIPS
O ver 25,000 annual completions out of 78,000 in DFW Within 15-30 min: Texas Christian University, University of Texas at Arlington, Texas Wesleyan University, Tarleton State Within 1 hour: University of North Texas, University of Texas at Dallas Industrial Advisory Council f or IT research Within 3.5 hours: Texas A&M and the University of Texas Schools within 15 – 30 minutes drive
Enrollment
The University of Texas at Arlington Texas Christian University Texas Wesleyan University UNT Health Science Center University of North Texas Tarrant County College
34,272 9,336 2,333 2,082 36,486 Credit Courses - 51,705 students Certifications and Licensures – 50,000+ students
7 FORT WORTH : EFFORTLESS LOGISTICS AND MULTIMODEL TRAVEL
It ’s In Our Blood The history of Fort Worth is rooted in its strength as a center f or logistics and transportation. The tremendous transportation inf rastructure that Fort Worth of f ers enables Amazon employees to access every major city in the continental United States within 4 hours.
DFW International Airport 4th Nationally in takeof f s and Landings 65.6M passengers 20 minutes f rom Downtown Fort Worth
167 domestic, 56 International Destinations
7 FORT WORTH : EFFORTLESS LOGISTICS AND MULTIMODEL TRAVEL
High Speed Rail Efforts are underway to extend High Speed Rail to Fort Worth from Houston and Dallas
UberElevate
Fort Worth and surroundin region selected as test region for UberElevate flying cars beginning 2020
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Fast est Growing Major Cit y FORT WORTH DAILY LIVING: COMMUNITY OBSESSED
Fort Worth had the f astest growing population among the 20 largest US cities f rom 2000 to 2016
LGB TQ Fort Worth scored a perf ect 100 on the Human R ights Campaign’s Municipal Equality Index, which measures cities’ inclusion of lesbian, gay, bisexual and transgender residents
Fort Worth’s Medical District: DFW region’s single largest concentration of medical jobs
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FORT WORTH INTANGIBLES: BOUND BY NOTHING
Fort Wort h is a cit y t hat has been def ying expect at ions since 1848, a place where the pioneering spirit is emblematic of the original wildcatters that shaped this city. It’s evidenced in the unpretentious blue-jeans and “B B Q” culture. The stable and business-friendly environment is rooted in the entrepreneurial heritage of this city – an unfailing can-do attitude. Fort Worth continues to delight anyone willing to come grow with us. Are you ready to defy expectations, Amazon HQ2?
