2018 Annual Report | Arvada Economic Development Association

2018

Annual Report

"As you review the 2018 Annual Report, you will see it was another exceptional year for AEDA. While the organization was able to report many accomplishments, it was not done alone. I want to thank the Arvada City Council, City staff along with the Arvada Chamber of Commerce, Arvada Urban Renewal Authority, Arvada Visitor's Center, and the Olde Town Arvada Business Improvement District for their partnerships. Arvada is a great place to do business, and a lot of that has to do with all of us working together."

Jodi Thomas

2018 AEDA Board President

Each year AEDA creates a strategic plan

This plan helps guide its decisions based on capturing data from four program objectives. This information allows staff to "tell the story" of how the results support AEDA's mission.

Notable 2018 Happenings

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The Arvada Chamber of Commerce with support from AEDA launched a new workforce initiative, Arvada Works

AEDA restructured its Annual Appreciation Event and hosted over 500 guests to enjoy networking and a concert at the Arvada Center

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Daniel Ryley was appointed as the new Exective Director of AEDA and earned the designation of Certified Economic Developer by the International Economic Development Council (IEDC)

Notable new businesses in 2018

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Candelas

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Shops at Ralston Creek North

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Business Attraction

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$

in commercial capital investment

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$

in sales tax revenue generated by new retail businesses

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new jobs created in urban centers & corridors

new non-retail jobs created in the following targeted industries:

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Medical

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Manufacturing

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Research & Development

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Bio-medical

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Energy

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Enabling Technology

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Professional Services

Business Retention

Commerical Vacancy Rate at Year End

Industrial

Arvada
%
Denver
%

Office

Arvada
%
Denver
%

Retail

Arvada
%
Denver
%
%
of businesses with 50 or more employees were retained

Marketing

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%

average open rate of the AEDA Real Estate Newsletter and AEDA e-newsletter

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additonal social media followers on AEDA exclusive social media outlets

Strategic Alliances & Partnerships

AEDA partners with a number of organizations each year. In 2018, AEDA engaged with 65 strategic partners which allowed the organization to provide leadership, financial and consultation services so it could leverage shared resources to advance AEDA's economic development strategy.

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