2019 Annual Report | Arvada Economic Development Association

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

2019-feature-me-logo-2

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.

2019-feature-appreciation-2

AEDA's Annual Appreciation Event hosted over 120 businesses to enjoy networking at the Arvada Center.

2019-feature-iza

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

anytime-fitness-logo
flights-wine-cafe-logo
hestra-gloves-logo
resolute-brewery-logo
block-photo-1
block-photo-2
block-photo-3
block-photo-4

Business Attraction

icons-g_commercial
$

in commercial capital investment

icons-g_sales-tax
$

in sales tax revenue generated by new retail businesses

icons-g_new-jobs

new jobs created in urban centers & corridors

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

icons-g_medical

Medical

icons-g_manufacturing

Manufacturing

icons-g_research

Research & Development

icons-g_biomedical

Bio-medical

icons-g_energy

Energy

icons-g_technology

Enabling Technology

icons-g_professional

Professional Services

Business Retention

Commerical Vacancy Rate at Year End

Industrial

Arvada
%
Metro Denver
%

Office

Arvada
%
Metro Denver
%

Retail

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

Marketing

icons-g_newsletter
%

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

icons-g_social

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.

block-photo-5
block-photo-6
block-photo-7
block-photo-8