2019
Annual Report
"In this 2019 Annual Report, I hope you will see the impact created by the dedicated people who work to support economic development in the City of Arvada. The business and community leaders on the AEDA Board of Directors work closely with many partners including the City Council, the Chamber of Commerce, Arvada Urban Renewal Authority and the Olde Town Business Improvement District to contribute to the strong economy in our city. Please be sure to contact one of our terrific team members for additional information or support."
Ken Olsen
2019 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 2019 Happenings
The Arvada Manufacturing Initiative is a partnership program with the Arvada Economic Development Association and Manufacturer's Edge created to provide technical assistance training to Arvada manufacturers. So far 15 companies have been supported by this program.
AEDA's Annual Appreciation Event hosted over 120 businesses to enjoy networking at the Arvada Center.
Welcome Izabela, or as we know her, Iza Petrykowska, to the Arvada Economic Development Association (AEDA) team as the new Economic Development Specialist. Her primary focus will be on business retention outreach and programs to provide one-on-one assistance to Arvada businesses.
Notable new businesses in 2019
Business Attraction
in commercial capital investment
in sales tax revenue generated by new retail businesses
new jobs created in urban centers & corridors
new non-retail jobs created in the following targeted industries:
Medical
Manufacturing
Research & Development
Bio-medical
Energy
Enabling Technology
Professional Services
Business Retention
Commerical Vacancy Rate at Year End
Industrial
Office
Retail
Marketing
average open rate of the AEDA Real Estate Newsletter and AEDA e-newsletter
additonal social media followers on AEDA exclusive social media outlets
Strategic Alliances & Partnerships
AEDA partners with a number of organizations each year. In 2019, AEDA engaged with 65 strategic partners which allowed the organization to provide leadership, financial and consultation services in order to leverage shared resources to advance AEDA's economic development strategy.
