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HomeMy WebLinkAbout11-11-13 Meeting of the La Porte Development Corporation Board of DirectorsRICHARD WARREN, PRESIDENT MIKE COOKSLEY, BOARD MEMBER JAY MARTIN, BOARD MEMBER CHUCK ENGELKEN, BOARD MEMBER MIKE CLAUSEN, BOARD MEMBER RANDY WOODARD, BOARD MEMBER NANCY OJEDA, BOARD MEMBER CITY OF LA PORTE DEVELOPMENT CORPORATION MEETING AGENDA Notice is hereby given of a meeting of the City of La Porte Development Corporation to be held on November 11, 2013, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, at 5:00 p.m. to consider the following items of business. The La Porte Development Corporation reserves the right to meet in executive session on any agenda item should the need arise and if authorized by the Texas Open Meetings Act, Title 5, Chapter 551, of the Texas Government Code. CALL TO ORDER 2. CONSENT AGENDA (All consent agenda items are considered routine by the La Porte Development Corporation Board and will be enacted by one motion. There will be no separate discussion of these items unless a Board member requests an item be removed and considered separately.) (a) Consider approval of minutes of the meeting of La Porte Development Corporation Board held on October 14, 2013 — P. Fogarty 3. DISCUSSION OR OTHER ACTION (a) Receive report on the International Council of Shopping Centers (ICSC) Deal Making Conference — S. Livingston • Retail Development Strategy 4. SET DATE FOR NEXT MEETING — S. Livingston 5. BOARD MEMBER COMMENTS regarding matters appearing on agenda; recognition of community members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies. 6. ADJOURN In compliance with the Americans with Disabilities Act, the City of La Porte City will provide for reasonable accommodations for persons attending public meetings. To better serve attendees, requests should be received 24 hours prior to the meetings. Please contact Patrice Fogarty, City Secretary, at 281.470.5019. CERTIFICATION I certify that a copy of the November 11, 2013, agenda of items to be considered by the Board of the La Porte Development Corporation was posted on the City Hall bulletin Board on November 5, 2013. November 11, 2013, La Porte Development Corporation Agenda RICHARD WARREN, PRESIDENT MIKE COOKSLEY, BOARD MEMBER CHUCK ENGELKEN, BOARD MEMBER JAY MARTIN, BOARD MEMBER MIKE CLAUSEN, BOARD MEMBER RANDY WOODARD, BOARD MEMBER NANCY OJEDA, BOARD MEMBER MINUTES OF LA PORTE DEVELOPMENT CORPORATION BOARD MEETING OF OCTOBER 14, 2013 The City of La Porte Development Corporation Board met on October 14, 2013, at the City Hall Council Chambers, 604 West Fairmont Parkway, La Porte, Texas, at 5:00 p.m. to consider the following items of business: 1. Call to Order President Warren called the meeting to order at 5:00 p.m. The following members of the La Porte Development Corporation Board were present: Vice -President Cooksley, Board members Engelken, Martin, Clausen, and Ojeda. Absent: Board member Woodard. Staff Present: Corby Alexander, Traci Leach, Patrice Fogarty, Scott Livingston, Michael Dolby and Assistant City Attorney Clark Askins. 2. CONSENT AGENDA (All consent agenda items are considered routine by the La Porte Development Corporation Board and will be enacted by one motion. There will be no separate discussion of these items unless a Board member requests an item be removed and considered separately.) (a) Consider approval of minutes of the meeting of La Porte Development Corporation Board held on September 23, 2013 — P. Fogarty Board member Clausen moved to approve the minutes as presented. Board member Engelken seconded. MOTION PASSED. Ayes: President Warren, Vice -President Cooksley, Board members Clausen, Martin, Engelken and Ojeda Nays: None Absent: Board member Woodard 3. PRESENTATIONS (a) Receive final report on retail and market study from Catalyst Commercial, Inc. — S. Livingston Economic Development Coordinator Scott Livingston presented a summary. Jason Claunch, with Catalyst Commercial, presented the final report on the retail and market study. 4. AUTHORIZATIONS (a) Consider approval or other action to move forward with items identified for changes to the Enhancement Grant Program; renaming the program as the La Porte Enhancement Grant Program; expanding the boundaries of the program; and requesting an amendment to the FY 2013-2014 Budget for new enhancement grant projects — S. Livingston Pagel of 2 October 14, 2013, La Porte Development Corporation Board Minutes ED Coordinator Livingston presented a summary and proposed a request to City Council to amend the FY 2013-2014 Budget to add $100,000 for the enhancement grant projects on Broadway; expand the enhancement grant program to include properties on the map as presented; change the name of the program to the La Porte Enhancement Grant Program to reflect the change in the scope and limits of the project to include properties/businesses on Broadway; request to revise and expand the Enhancement Grant Program; and recognize that a project with the owners of the retail shopping centers on the northeast and southeast corners of Broadway and Fairmont Parkway would be too large for an enhancement grant project; therefore, would be better suited for an incentive grant outside the enhancement grant program. Board member Clausen moved to expand the zone as presented by staff; add $100,000.00 to the enhancement grant program and keep all the funds together. Board member Ojeda seconded. MOTION PASSED. Ayes: President Warren, Vice -President Cooksley, Board members Clausen, Martin, Engelken and Ojeda Nays: None Absent: Board member Woodard 5. SET DATE FOR NEXT MEETING — S. Livingston Board members set the next meeting dates for November 11, 2013, and December 9, 2013, at 5:00 p. M. 6. BOARD MEMBER COMMENTS regarding matters appearing on agenda; recognition of community members, city employees, and upcoming events; inquiry of staff regarding specific factual information or existing policies. There were no comments. 7. ADJOURN There being no further business, at 5:51 p.m. Board member Engelken moved to adjourn the meeting. Vice President Cooksley seconded. MOTION PASSED. Ayes: Vice -President Cooksley, President Warren, Board members Clausen, Martin, Engelken, and Ojeda Nays: None Absent: Board member Woodard Respectfully submitted, Patrice Fogarty, City Secretary Passed and approved on this day of 12013. President Richard Warren Page 2 of 2 October 14, 2013, La Porte Development Corporation Board Minutes REQUEST FOR LA PORTE DEVELOPMENT CORPORATION AGENDA ITEM Agenda Date Requested: 11 November 2013 Requested By: Scott D_ Living%ton Department: Report: Resolution: Ordinance: Exhibit: ICSC Deal Making Conference Program Exhibit: Retail Attraction Materials and Collateral Exhibit: Budget Source of Funds: Account Number: Amount Budgeted: Amount Requested: Budgeted Item: YES NO Staff will give the 4B Board a verbal report on the ICSC Deal Making Conference, which took place in Dallas, Texas, from November 5 - 8t'. Enclosed with this agenda item is the final program for the conference. In addition, staff will discuss plans with the 4B Board to attract new retail commercial development and investment to the City of La Porte using a combination of the following items including, but not limited to: • Use of the new marketing themes • Use of new retail campaign/advertising based upon the new marketing themes • Use the new Development Map • Partnerships with local brokers • Website development (upload new information for retail commercial development to the website. Add hyperlinks from the available parcels on the development map to real estate flyers, contact information, and other site information for each parcel) • Professional networking • Database construction/management (MS Access/Outlook) of retailer and prospective developers • Phone calls to prospective Texas developers who are primarily based in Houston and Dallas/Fort Worth • Phone calls to prospective retailers whose profile matches or approximates our demographics • Packets of initial information by e-mail • US Mail when necessary • Marketing handouts/mailers • Mail campaign targeting developers and retailers based primarily in Houston, San Antonio, Austin, and Dallas/Fort Worth • Demographic information from the Catalyst Commercial, Inc. retail study, particularly including the primary trade area demographics, traffic counts, maps, and under -served retail categories • Articles on growth in LaPorte, the petro -chemical industry, Houston Ship Channel, and La Porte's Trade Area in general • Retail advertising (Texas Real Estate Business, Shopping Centers Today, Shopping Center Business, and especially the Houston Business Journal) • Offer of incentives tied to infrastructure and permanent improvements in the community • Site visits • Focus on restaurant development along SH 146, re -development of the former Kroger, and all the available parcels of land which are zoned for general commercial development • Integrate improvements/re-vitalization on Main Street and Broadway with new initiatives in tourism to create an exciting "buzz" about LaPorte, so that tourists, investors, and shoppers will want to visit and spend money in LaPorte. Action Required by the La Porte Development Corporation Board: None Approved for the La Porte Development Corporation Agenda Corby D. Alexander, City Manager Date 111 1111% 1sLl November 81, 2013 onventlon Center) REGISTRATION OPTIONAL T: GOLF TOURNAMENT 9:00 arra — Shotgun Start Cowboys Golf Club 1600 Fairway Drive Grapevine, TX 76051 OPTIONAL T: "TEXAS T T" SPORTING CLAY TOURNAMENT 10:30 arra — 4:00 pray 10:30 am - Registration 11:30 am - Lunch Served 12:30 pm - Shotgun Start 3:30 pm - Networking & Awards Presentation Dallas Gun Club 3601 South Stemmons Freeway Lewisville, TX 75067 SPECIAL INDUSTRY (SIGs) 4:00 — 6:00 pray Choose from four sessions and interact with your colleagues and peers on issues, successes and challenges in your segment of the industry. Register early! 4:00 — 5:00 pray IlletaaiiiIIIG nreein Facilitators Abby T0[1.111S0]Y1a II`II`ID All::) 08,1117 Principal k' Abacus Property Solutions, LLC San Francisco, CA ewn IRrli.tc[i alirat, ScIII)li: Principal WLS Lighting Systems Fort Worth, TX 5:00 — 6:00 pray II eaa Idling Facilitator 11\1ii.a:Il n ra e II Hal al ll a; Vice President, Leasing AmREIT Dallas, TX Facilitator II1et.aaliillleirs y1i: li.1k e A t1k li.ln w Real Estate Manager Dickey's Barbecue Restaurants, Inc. Dallas. TX Alllllliiiaaince Facilitators taw sin IC', t;;1laaalr c[i.. ICSC Texas Alliance Private Sector Co -Chair President Catalyst Commercial Dallas, TX 11M.alrly Wli.a det it ICSC Texas Alliance Public Sector Co -Chair Economic Development Director Colleyville, TX Waaornein Facilitators Judy IIy1i:cil)unallat President/CEO Nacogdoches Economic Development Corporation Nacogdoches, TX y wn c y W li.Ira d [i a arrn Vice President Frisco Economic Development Corporation Frisco, TX pig Doing business or thinking of doing business in West Texas? Then you need to attend this reception to meet and mingle with the players in that region! a pm Thur sday, November"7 N N, MON 6:30 - 7:30 am Start your day off with a run along the Katy Trail and Turtle Creek FIRST TIMERS AND NEXT GENERATION BREAKFAST 7:30 — 8:15 am Attend this breakfast to learn how to use ICSC's platform to grow your business and meet Next Generation chairs and committee members. K�ri.sta IDaIbney 111.Hard ICSC Texas Next Generation Chair Owner Open Space Commercial Austin, TX WELCOME, PROGRAM OVERVI Welicoirne K&ndra Ilfl.ind&dwnd ICSC Texas State Director Managing Vice President, Asset Management RED Development, LLC Flower Mound, TX 1113irogirairn Overview EJU.zabe[i. Vab[ioftz AH&n ICSC 2013 Texas Conference and Deal Making Program Planning Committee Chair Director of Leasing -Texas RioCan Real Estate Investment Trust Dallas, TX State Goveirinirneint 1111elhatilloins I,Jjpdate LwnceW, Taylor, C'C'1111A ICSC Texas Government Relations Chair Senior Vice President Jones Lang LaSalle Americas, Retail Dallas, TX David J, LaRtie ICSC Chairman President and Chief Executive Officer Forest City Enterprises Cleveland, OH 9:00 - 10:00 9.111 A panel of experts will discuss a variety of relevant current event topics affecting the capital markets for commercial retail properties. Moderator Panelists John Fenoglio Executive Vice President CBRE Capital Markets of Texas, LP Houston, TX Travis FlIrr Principal Rockstreet Partners LLC Dallas, TX Mark McChire Principal & EVP A10 Capital Irving, TX Patrick Rarnsier Senior Vice President/Chief Commercial Real Estate Officer ViewPoint Bank Plano, TX Peter Scola Senior Managing Director Cantor Commercial Real Estate New York, NY Ri] V&nderstimat&n President Chief Partners, LP Dallas, TX #ITLCALO1J.AGL:s r; t' ;t DIGITAL AND MOBILE CONVERGE # It's time to think more broadly about how digital platforms support marketing strategies. Whether you are taking your first steps into creating an online marketing strategy, interested in emerging trends or looking for ways to integrate digital platforms, this year's #iTechLounge has something for everyone. 10:30 arrn 12:00 nooin One-on-one Social Media Q&A Presenter: Sarah Malcolm, ICSC I.':30 ..... 1 :!30 ]ylrrn, Evolution of Social Advertising: Content = Ads Presenter: COHN 2:30 ..... °x':!30 ]ylrrn, E-mail Strategy: The Tried and True Digital Tactic that Still Works Presenter: COHN 3:00 x:20 ]Flan, Website Property Display: What Are My Options? Presenter: Dave Lewand 3:30 !3:30 plan, One-on-one Social Media Q&A Presenter: Sarah Malcolm, ICSC 11 r r HI 'r,U Y r 12:00 moors — 12:15 pm The Texas ICSC Undergraduate Case Study Competition will pit rival universities against one another in a battle of retail knowledge that will determine which undergraduate program produces students most ready to excel in the retail real estate industry. Faced with a challenging prompt, students will have to overcome various obstacles and answer several key questions asked by industry experts in order to be crowned undisputed champion of ICSC's first-ever collegiate case study competition. Does your alma mater have what it takes? Come hear from several Texas developers about new development projects in the region. You'll hear about their success in attracting key retailers and the challenges they have faced as they bring these new developments to their respective markets. Moderator 6:iirywn CoarinrrllJ.uw Ib/ p Partner Venture Commercial Real Estate, LLC Dallas, TX Panelists ffii.c1[ia rd ay. Ca rduheir President Carduner Commercial San Antonio, TX (Representing Robstown Outlet in Corpus Christi, TX) Bobby to1Vn.insoin Executive Vice President, Leasing RED Development Phoenix, AZ (Representing Rayzor Ranch Town Center in Denton, TX) Woody II :a ire ire President Vista Equities Group Houston, TX (Representing La Centerra at Cinco Ranch in Katy, TX) Rywn Roberts Vice President of Leasing Thomas Land & Development Newnan,GA (Representing The Rim in Austin, TX) 3:00 — 5:00 pm The Retailer Roundup will provide an opportunity for retailers to discuss their future business plans and, most importantly, to increase visibility and networking contacts with shopping center owners and developers. Don't miss this opportunity to meet face-to-face with over 80 retailers! (Retailers: Please see the form on page 12 to sign up.) Preliminary list of retailers include: Advance Auto Parts Burger King Corporation Bluewave Express Burkes Outlet Stores, LLC Carl's Jr. Restaurants The Cato Corporation Chick-fil-A, Inc. Church's Chicken Cottonwood Financial/Cash Stores Darden Destination XL Group Dick's Sporting Goods Dollar Tree Stores Factory Connection LLC Fallas Stores Famous Footwear Genghis Grill -Build Your Own Stir Fry Global Franchise Group (Great American Cookies, Pretzelmaker, Marble Slab Creamery) Great Clips Hibbett Sporting Goods, Inc. Jersey Mike's Subs La Madeleine de Corps, Inc. Lane Bryant The Learning Experience Melrose Family Fashions My Fit Foods Panda Express/Panda Restaurant Group Party City Retail Group Pet Supermarket, Inc. Quiktrip Corporation Racetrac Petroleum Inc. Rack Room Shoes Randall's Food & Drugs, LP Regis Corp rue21, Inc. Sally Beauty Holdings Shoe Carnival, Inc. Shoe Show, Inc. Smoothie King Franchises, Inc. Sonic Industries Spirit Halloween Sport Clips Sprouts Farmers Market Starbucks Coffee Company Title Boxing Club Tuesday Morning Walmart Realty Whataburger Real Estate, LLC Wells Fargo Bank Yum! Brands, Inc. Zaxby's Zoes Kitchen i;y Nothing's better than a Smokin' Hot breakfast ...... except one that is followed by Smokin' Hot retailers! This event highlights category standouts for entertainment, grocery, health and beauty and restaurants. Hear interesting stories about concept development and expansion plans for these retailers. After enjoying breakfast, settle in for a program that will be of interest to developers, landlords, brokers and even other retailers. You won't want to miss this Smokin' Hot event! Moderator Panelists „lU.ce Zi.rrurn.er1Cnam SeaAe Principal Seale Realty Advisors Dallas, TX ffli:laIC1ii.dkeirw o� n Vice President, Leasing Foot Locker Addison, TX "V:"ed IFrurrn1kli.ln Senior Vice President of Business Development Sprouts Farmers Market Phoenix, AZ fli.rrnIrany ILouIF Founder and CEO Grub Burger Bar College Station, TX Paul IIM y Ir l'I.dk Vice President, Real Estate Sally Beauty Company Denton, TX :ate �'�II.IIver" Senior Vice President, Real Estate & Development Hospitality Investors Inc. I FLIX Entertainment LLC Round Rock, TX #ITECHLOUNGE: WHERE SOCIAL, DIGITAL AND MOBILE CONVERGE #[Iiad'd f1ffigf" It's time to think more broadly about how digital platforms support marketing strategies. Whether you are taking your first steps into creating an online marketing strategy, interested in emerging trends or looking for ways to integrate digital platforms, this year's #iTechLounge has something for everyone. 9':00 ..... 1.0:00 a.Irrrn One-on-one Social Media Q&A Presenter. Sarah Malcolm, ICSC 1.0:00 ..... 1.0:20 arrn The Changing Face of Facebook Presenter. COHN I. I.:00 ..... I. I.:20 alrrrn Virtual Reality: Digital/Social Case Studies From the Retail Industry Presenter. COHN Program information current as of July 24, 2013. 101 1 Kendra Hinderland, ICSC Texas State Director, RED Development, LLC Lance W. Taylor, CCIM, ICSC Texas Government Relations Chair, Jones Lang LaSalle Americas, Retail Jason E. Claunch, ICSC Texas Alliance Private Sector Co -Chair, Catalyst Commercial, Inc. Marty Wieder, ICSC Texas Alliance Public Sector Co -Chair, City of Colleyville Denise Browning, SCMD, ICSC Texas Operations Chair, Madison Marquette Kevin Sendrey, ICSC Texas Retail Chair, Dick's Sporting Goods Krista Dabney Dillard, ICSC Texas Next Generation Chair, Open Space Commercial Tina Wolfe, ICSC Texas Program Chair, Hunt Companies Elizabeth Nabholtz Allen, ICSC 2013 Texas Conference and Deal Making Program Planning Committee Chair, RioCan Real Estate Investment Trust Matt Marshall, ICSC 2013 Texas Conference and Deal Making Program Planning Committee Co -Chair, StoneCrest Investments, LLC Heather Abel, Goldman Sachs Shawn Ackerman, Henry S. Miller Brokerage, LLC Suzanne Anderson, Midway Companies Zach Armstrong, J. Beard Real Estate Company Davis Bennett, Great Clips Joe Berry, Venture DFW Jeff Brand, Brand Capital Partners Bryan Cornelius, Venture Commercial Real Estate, LLC Jessica Donnelli, UCR Investment Sales PU Perren Qasc, Centennial Retail Services Jace Hinderland, Rockwood Real Estate Advisors Ryan Johnson, SRS Real Estate Partners Patrick Manchi, Weingarten Realty David D. Miracle, Miracle Development Services Company Blane O'Banion, Weingarten Realty Advisors Terri Seiler, SiteSource Real Estate Services � Michelle Smith, Nacogdoches Economic Development Corporation '� II IA l � YOU" uU II'11 III IP Nul Al'i' ,III r 1 Cir ,4,01 l9r1zVIT0.` "3 IIJ� JIl MfOJh NkllWlpVl!�011l/�i %� IIWIW ��WM T E .IIVIVf�W''AY IVkI AA �` IIIIlf UI IUfW ff IIIIIIIIIIIIIIIIIIIUIIIIIIIIIIIIIlllllllllllllflll L I r m ARM' � �a�ev»rn� ���N,mUul>Y1� r i rwrrrvl r � r Cole Real Estate Investments Equity Fund Advisors, Inc. Henry S. Miller The Inland Real Estate Group of Companies, Inc. Read King Retail Solutions Tarantino Properties, Inc. Trade Area Systems, Inc. Trademark Property Company Triad Retail Construction, Inc. Weingarten Realty Investors "I' rr, Ni ,: t mmii m w e r Lo WIUV�mmnVl go a, o 1 w it „ HOW TD REGISTER Fax: +1732 694 1800 (credit card registrations only) Online: www.icsc.org (credit card registrations only) Mail: ICSC P.O. Box 26958 New York, NY 10087-6958 Select the Best Value llackas,e when you register for the ICSC Texas Conference and Deal Making and enjoy unlimited 24/7 access to the ICSC Digital Knowledge Center! Enrich your conference learning with up to 10 hours of audio recorded LIVE from the Texas Conference and synchronized to presenters' PowerPoint presentations, downloadable MP3s and presenter handouts. Overcome the challenge of concurrent sessions and take full advantage of your networking meetings without missing any of our fabulous speaker line-up. By selecting this package you will experience more sessions than you thought possible. Don't struggle to take notes in Dallas as you can review critical information from home, at the office or on the road. The ICSC Digital Knowledge Center is the ultimate educational resource. SAVE over $225 when you purchase the Best Value l�lac,kas,e with your registration. 1.'91 ;:II'; 1 1. Full Conference Registration — IBest Vallllue III'raclllkagc ICSC Texas Conference and Deal Making Best Value ll ac,kage includes full conference registration, plus access to the ICSC Digital Knowledge Center Receive up to 10 hours of sessions captured live duringthe Conference. Advance On -Site ICSC Member*: $ 315 $ 380 Non -Member: $ 525 $ 640 Student**: $ 95 $ 95 ! ull (.on(E r',rice ["regist.ration PLUSaccess to the ICSC Digital Knowledge ;enter wI'1:.I"'I up to 1...0 riour., oto audio r'ecor'ded LIVE and synchronized to PowerPoint presentations (rorn the Ifs'„rC lemas Conference and Deal IVI ,kung, dowriloaclable M113s and speaker rr ,tr rials. Due t:.C'b sortie proprietary restrictions sorne sessions ray riot: be recorded d and available for viewing, 2. ICSC Texas Conference Regular Registration Advance On -Site ICSC Member*: $ 270 $ 335 Non -Member: $ 480 $ 595 Student**: $ 50 $ 50 3. Recordings of Texas Conference Sessions (purchased without a conference registration) Advance ICSC Member*: $ 295 Non -Member: $ 500 Student**: $ 50 * To qualify for a member fee, each registrant must be a member or an affiliate member of ICSC. To become an ICSC member, call ICSC information services at +1 646 728 3800. **Registrants must be ICSC student members to qualify for the student rate. All attendees and exhibitors are required to have an ICSC-issued color photo badge for access to the ICSC 2013 Texas Conference and Deal Making. Badges will be mailed out in advance for those who register and submit an acceptable photo by October 9, 2013. Please visit www.icsc.org/2013TX to register and submit a photo. A block of rooms has been reserved at: The Omni Dallas Hotel Aloft Dallas Downtown 555 South Lamar Street 1033 Young Street Dallas, TX 75202 Dallas, TX 75202 Rate: $209 Sngl/Dbl Occupancy Rate: King Loft $153 Sngl/Dbl Occupancy Cut-off Date: October 9, 2013 Cut-off Date: October 15, 2013 We invite you to visit www.icsc.org/2013TX and click on Book Hotel under Additional Links. There you can access the latest hotel availability and the electronic form to reserve your room(s). We would be happy to answer any of your questions during our office hours of Monday through Friday 8:00 am to 5:30 pm ET at +1888 ICSC TVL (427 2885) ext. 2, or internationally at +1 585 442 8900 ext. 4. AIRFARE SAVINGS The ICSC Travel Desk has secured special airline and car discounts for attendees. For current prices and availability, please contact us at +1888 ICSC TVL (427 2885) or +1585 442 8856 from 8:00 am to 5:30 pm ET, Monday through Friday. t"w (°arc:' cis bF, CONTINUING EDUCATION CREDITS c M (, «s ICSC Certified Professionals earn 1.0 (A3) toward senior certification renewal. UFUIRETRUTWO0 Anyone desiring an auxiliary aid for this meeting should notify Christabelle Flanhardt at +1 646 728 3638 no later than October 2, 2013. To qualify for the advance registration fee, your registration must be received by October 30, 2013. All cancellations will be subject to a $25 cancellation fee. No refunds will be given for cancellations received after October 4, 2013. All requests for refunds must be received by ICSC in writing. I authorize ICSC and its members to send me announcements via mail, fax and phone about ICSC's and ICSC members' programs and services that may be of interest to me or my colleagues. I also consent to receipt of notices from ICSC in electronic form. In addition, I hereby consent to having the Hotel provide, and authorize ICSC and/or its representative(s) to receive, any reservation information I provide to the Hotel. Please check one: ICSC Member ❑ Non -Member ❑ Student Please check one: Best value Package ❑ Regular Registration Recordings Name Your ICSC Membership I.D.# Company Address City State/Province Zip/Postal Code Telephone Fax E-mail ❑ Please check here if any of the above information has recently changed. Method of payment ❑ Check made payable to ICSC enclosed for $ ❑ MasterCard ❑ Visa ❑ AMEX ❑ Discover $ Name (as it appears on credit card) Credit Card Number (include all digits) Signature Expiration Date (month/year) 2013TX-B 9 O'IIC.'IID 3,000 *Company logo displayed throughout the conference on signage * Company name on the lighted kiosk in the registration area * Company name listed in the final program mailer and on-site program directory * Company logo displayed on PowerPoint presentations at select event functions, including Member -Hosted Reception and meal functions A- Gold Sponsor ribbon S111LIVEIR .....$1,500 * Company name on the lighted kiosk in the registration area * Company name listed in the final program mailer and on-site program directory * Company logo displayed on PowerPoint presentations at select event functions, including Member -Hosted Reception and meal functions A- Silver Sponsor ribbon lRONIZ1E $500 * Company name on the lighted kiosk in the registration area * Company logo displayed on the PowerPoint presentation at the Member -Hosted Reception * Bronze Sponsor ribbon DEADLINE SPONSOR CONTACT RETURN COMPLETED FORM ICSC CONTACT Sponsorship must be received no Shawn Ackerman AND PAYMENT TO: Christabelle Flanhardt later than October 4, 2013 to be Henry S. Miller Brokerage, LLC ICSC Tel: +1646 728 3638 Tel: +1713 626 2828 P.O. Box 26958 E-mail: cflanhardt@icsc.org recognized at the conference. E-mail: shawnackerman@ New York, NY 10087-6958 henrysmiller.com Fax: +1732 694 1800 (credit card payments only) Name Company Address City State/Province Zip/Postal Code Telephone Fax E-mail Your ICSC Membership I.D.# Please check here if any of the above information has recently changed. Method of payment ❑ Check made payable to ICSC enclosed for $ ❑ MasterCard ❑ Visa ❑ AMEX ❑ Discover Name (as it appears on credit card) Signature IN Credit Card Number (include all digits) Expiration Date (month/year) 2013TX-S EN Thursday, November 7, 2013 10:00 am - 6:00 pm Friday, November 8, 2013 9:00 am -12:00 noon ERE Kay Bailey Hutchison Convention Center (formerly Dallas Convention Center) 650 S Griffin Street Dallas, TX 75202 INCLUDES Exhibitor ID Sign Pipe & drape exhibit structure (not provided with island booths) One (1) 6' draped table Two (2) chairs Wastebasket NOTE - Badges and floor carpet are not included with the exhibit space. All exhibitors must register for a conference badge and order carpet through Freeman. Information can be found at www.icsc.org/2013TX. HOW TO REGISTER Fax: +1732 694 1777 (credit card payments only) BOOTH FEE Check or credit card accepted as payment Make check payable to ICSC Booth fee is non-refundable/non-transferable Check one Member Non -Member ❑ 10'x 10' (100 sq. ft.) $ 475 $ 675 ❑ 10'x 20' (200 sq. ft.) $ 950 $ 1,350 ❑ 20'x 20' (400 sq. ft.) $ 1,900 $ 2,700 ❑ 30'x 30' (900 sq. ft.) $ 4,275 $ 6,075 GUIDELINES * Exhibits must not extend beyond the boundaries of the booth. * All exhibitors are required to provide General Liability insurance naming ICSC, the official expo contractor and the Convention Center as co- insured. * Height restrictions: Please refer to the ICSC Design Criteria available in the exhibitor manual. * All guidelines are subject to regulations of venue and ICSC. DEADLINE In order to be listed in the Deal Making Exhibitors Directory, ICSC must receive your expositions agreement with payment by Friday, September 20, 2013. AVAILABILITY r Booths are confirmed on a first-come, first- served basis. r Sending in this expositions agreement does not guarantee a booth will be reserved for you. r Expositions agreement cannot be processed without payment. r ICSC cannot guarantee that you will not be placed near a competitor. NOTIFICATION You will receive a written Space Confirmation from ICSC prior to the meeting. If you do not receive an e-mail regarding the status of your request, please contact Matt Whyte at mwhyte@icsc.org. CANCELLATIONS Notify ICSC immediately if you must cancel. All expositions deposits/payments are non- refundable and non -transferable. CONTACT Matt Whyte Trade Exposition Planner Tel: +1646 728 3847 Fax: +1732 694 1777 E-mail: mwhyte@icsc.org Contact Name (to receive space confirmation) Company Name (to appear in Program Directory) Address City State/Province Zip/Postal Code Telephone Fax E-mail Booth Location Preference Method of payment ❑ Check made payable to ICSC enclosed for $ ❑ MasterCard ❑ visa ❑ AMEX ❑ Discover $ Name (as it appears on credit card) Credit Card Number (include all digits) Signature Expiration Date (month/year) TX2013 Fill out this forn4 if you wish to reserve a Table during the Retailer Roundup. WHEN Thursday, November 7, 2013 3:00-5:00 pm ERE Kay Bailey Hutchison Convention Center (formerly Dallas Convention Center) 650 S Griffin Street Dallas. TX 75202 INCLUDES 6' x 30" draped table Company sign WHO QUALIFIES Retailers Brokers representing Retailers GUIDELINES * Retailers must be present at their table for the entire duration of the Retailer Roundup * Exhibits must not extend over the edge of the table * Exhibits must not rise more than 3' above the table No floor easels No electrical equipment No balloons One table per company COST There is no cost to reserve a table, but each person who is working at the table must be an advance paid registrant for the meeting. AVAILABILITY Tables are limited in number and will be confirmed on a first-come, first-served basis. Sending in this Retailer Roundup Table Request Form does not guarantee a table will be reserved for you. DEADLINE To be recognized in the Program Directory, ICSC must receive your table request by September 13, 2013. NOTIFICATION You will receive a written confirmation from ICSC two weeks prior to the meeting, if a table has been reserved for you. If you do not receive an e-mail regarding the status of your request, please contact Matt Whyte to confirm. CANCELLATIONS Notify ICSC immediately if you must cancel. 'form r.h`rr,,, old kbor r,Juplir rW.: „J fbr addi�l:ion rl i e l,,;,K anKr��� CONTACT Kevin Sendrey E-mail: kevin.sendrey@dcsg.com PLEASE RETURN TO: Matt Whyte Trade Exposition Planner Tel: +1646 728 3847 Fax: +1732 694 1777 E-mail: mwhyte@icsc.org EK ALL THAT APPLY We are Retailers. We are Brokers exclusively representingthe following Retailers: We have registered for the 2013 Texas Conference and Deal Making. We will notify ICSC immediately if we must cancel. Name Company Address City State/Province Zip/Postal Code Telephone Fax E-mail Your ICSC Membership I.D.# TX2013 Indemnification Each party, to the extent permitted by law, agrees to defend and indemnify the other, and its officers, directors, agents, and employees, of and from all claims, demands, or suits for bodily injury or property damage, including costs and attorney fees, in any way arising out of or related to third party claims based on the indemnifying party's negligent acts or omissions in connection with the Event, except to the extent of the negligence or willful misconduct of the indemnified party. go Insurance Exhibitor shall each carry Commercial General Liability insurance coverage for property damage and bodily injury to be in effect over the meeting dates specified in this Contract in an amount sufficient to meet its indemnity obligations for this Event. '111'a as Shoot Out" Spairting May 'III°oul.uiir .aallua :f RETURN COMPLETED FORM AND PAYMENT TO: ICSC P.O. Box 26958 New York, NY 10087-6958 Fax: +1732 694 1800 SPORTING CLAY TOURNAMENT CONTACT Zach Armstrong Tel: +1832 623 0303 E-mail: zarmstrong@jbeardcompany.com ICSC CONTACT Christabelle Flanhardt Tel: +1646 728 3638 E-mail: cflanhardt@icsc.org WHEN Wednesday, November 6, 2013 10:30 am Registration 11:30 am Lunch Served 12:30 pm Shotgun Start 3:30 pm Networking & Awards Presentation WHERE Dallas Gun Club 3601 South Stemmons Freeway Lewisville, TX 75067 FEES $135 (non-refundable) per player via check made payable to ICSC. Fee includes 100 targets, ammunition and barbecue lunch. Please bring your own shotguns. Please Note: Space is limited and will be confirmed on a first-come, first-served basis. f'brrn r,h.rr,,, old h+rr dupllc W.r d 'f'br rdrJrJi'tir,,,+nal i t l,r ran(,,I r(.%N,trn 'form to ICSC,. EVENT SPONSOR A dent , PLATINUM SPONSORS l.. HUNT im Average score out of 100 clays: % Name Company Address City State/Province Zip/Postal Code Telephone Fax E-mail Your ICSC Membership I.D.# ❑ Please check here if any of the above information has recently changed. Method of payment ❑ Check made payable to ICSC enclosed for $ MasterCard visa ❑ AMEX ❑ Discover $ Name (as it appears on credit card) Credit Card Number (include all digits) Signature Expiration Date (month/year) 2013TX-B Release of Claims (Read Carefully and Sign) I agree and acknowledge that I am participating in the ICSC Texas may sustain as a result of participating in any and all activities to me or my heirs arising out of or in any way connected with my Conference and Deal Making Sporting Clay Tournament ("Sports connected with or associated with the Sports Event. participation in the Sports Event. Event") on my own accord. I give this acknowledgement freely and In consideration of the right to participate in the Sports Event, I I further agree to indemnify, defend, and hold harmless the knowingly and I represent and warrantto you that I am physically hereby waive any and all rights or claims I may have as a result of International Council of Shopping Centers, Dallas Gun Club, and and mentally fit and that, as a result, able to participate, and I do participation in the Sports Event against the International Council of their respective directors, officers, employees, members, staff, and hereby assume responsibility for my own well-being. Shopping Centers, Dallas Gun Club, and their respective directors, all individuals assisting in instructing, sponsoring and conducting I am fully aware that possible physical injury might occur to me officers, employees, members, staff, and all individuals assisting in these activities, from any and all claims resultingfrom injuries, as a result of my participation, and I agree to assume the full risk, instructing, sponsoring and conducting these activities, and I hereby including death, damages, or loss, which may accrue to me or my including risk which is not specifically foreseeable, of any injuries, fully release and discharge them from any and all claims resulting heirs arising out of or in any way connected with my participation in including death, damages or loss regardless of severity, which I from injuries, including death, damages or loss, which may accrue the Sports Event. Signed Print Name Date RETURN COMPLETED FORM AND PAY T T ICSC P.O. Box 26958 New York, NY 10087-6958 Fax: +1732 694 1800 GOLF CONTACT Ryan Johnson Tel: +1214 560 3285 E-mail: Ryan.johnson@srsre.com ICSC CONTACT Christabelle Flanhardt Tel: +1646 728 3638 E-mail: cflanhardt@icsc.org WHEN Wednesday, November 6, 2013 9:00 am Shotgun Start ERE Cowboys Golf Club 1600 Fairway Drive Grapevine, TX 76051 Golf 111'covirnanaent FEES $130 (non-refundable) per player via check made payable to ICSC. Fee includes practice, green fees, box lunch and cart rental. (Golf club rental extra.) Please Note: Space is limited to 100 players and will be confirmed on a first-come, first-served basis. Please pre -arrange your foursome t'R¢.r;.xtt ¢..rrerr'�dlrrrmlrr „yr�rrar' choIcor;,, r /i h err!ac..hr c.dh of r 2. 3. 4. Net Division: or Gross Division: or Established Handicap: or Estimated Handicap: 'form r.h`rr,,, old kbor r,Juplir.rW.. „J fbr addil:ir,,,«n rl I o.gl,r�VanN R(.Wrn form (r« /CS3C PLATINUM SPONSORS RE III THE C (fNI�N(EI( T"N(Ifl WIFUNT 2� Name Company Address City State/Province Zip/Postal Code Telephone Fax E-mail Your ICSC Membership I.D.# ❑ Please check here if any of the above information has recently changed. Method of payment ❑ Check made payable to ICSC enclosed for $ ❑ MasterCard ❑ Visa ❑ AMEX ❑ Discover $ Name (as it appears on credit card) Credit Card Number (include all digits) Signature Expiration Date (month/year) 2013TX-B Release of Claims (Read Carefully and Sign) I agree and acknowledge that I am participating in the ICSC Texas may sustain as a result of participating in any and all activities which may accrue to me or my heirs arising out of or in any way Conference and Deal Making Golf Tournament ("Sports Event") on connected with or associated with the Sports Event. connected with my participation in the Sports Event. my own accord. I give this acknowledgement freely and knowingly In consideration of the right to participate in the Sports Event, I I further agree to indemnify, defend, and hold harmless the and I represent and warrant to you that I am physically and mentally hereby waive any and all rights or claims I may have as a result of International Council of Shopping Centers, Cowboys Golf Club, and fit and that, as a result, able to participate, and I do hereby assume participation in the Sports Event against the International Council their respective directors, officers, employees, members, staff, and responsibility for my own well-being. of Shopping Centers, Cowboys Golf Club, and their respective all individuals assisting in instructing, sponsoring and conducting I am fully aware that possible physical injury might occur to me directors, officers, employees, members, staff, and all individuals these activities, from any and all claims resultingfrom injuries, as a result of my participation, and I agree to assume the full risk, assisting in instructing, sponsoring and conducting these activities, including death, damages, or loss, which may accrue to me or my including risk which is not specifically foreseeable, of any injuries, and I hereby fully release and discharge them from any and all heirs arising out of or in any way connected with my participation in including death, damages or loss regardless of severity, which I claims resultingfrom injuries, including death, damages or loss, the Sports Event. Signed Print Name Date 4 ICSC Mair 'ii .g 11u . RETURN COMPLETED FOR TO: ICSC P.O. Box 26958 New York, NY 10087-6958 Fax: +1732 694 1800 MORNING RUN CONTACT Jeff Brand Tel: +1214 620 0999 E-mail: jeff@brandcapitalpartners.com ICSC CONTACT Christabelle Flanhardt Tel: +1646 728 3638 E-mail: cflanhardt@icsc.org WHEN Thursday, November 7, 2013 6:30-7:30 am ERE Meet at Katy Trail trailhead on N. Houston Street (Park in lot just north of American Airlines Center) 'f'brrn r.h hind kbor r,JuplirrW.: „J fbr addiK:ion rl i ogi,,,�ran(r I form to IC;SC;. � l 111-4 ar E � 1 D L L I Is W THE 11 (X..)lNNECTl0N Vl&wPlAnt Baink FUN llT VOAWKIAW,W.wk, 2 Name Company Address City State/Province Zip/Postal Code Telephone Fax E-mail Your ICSC Membership I.D.# 2013TX-B ❑ Please check here if any of the above information has recently changed. Release of Claims (Read Carefully and Sign) I agree and acknowledge that I am participating in the ICSC Texas Conference and Deal Making Morning Run ("Sports Event") on my own accord. I give this acknowledgement freely and knowingly and I represent and wa rrant to you that I am physically and mentally fit and that, as a result, able to participate, and I do hereby assume responsibility for my own well-being. I am fully aware that possible physical injury might occur to me as a result of my participation, and I agree to assume the full risk, including risk which is not specifically foreseeable, of any injuries, including death, damages or loss regardless of severity, which I may sustain as a result of participating in any and all activities connected with or associated with the Sports Event. In consideration of the right to participate in the Sports Event, I hereby waive any and all rights or claims I may have as a result of participation in the Sports Event against the International Council of Shopping Centers, The Omni Dallas Hotel, and their respective directors, officers, employees, members, staff, and all individuals assisting in instructing, sponsoring and conducting these activities, and I hereby fully release and discharge them from any and all claims resultingfrom injuries, including death, damages or loss, which may accrue to me or my heirs arising out of or in any way connected with my participation in the Sports Event. I further agree to indemnify, defend, and hold harmless the International Council of Shopping Centers, the Omni Dallas Hotel, and their respective directors, officers, employees, members, staff, and all individuals assisting in instructing, sponsoringand conductingthese activities, from any and all claims resulting from injuries, including death, damages, or loss, which may accrue to me or my heirs arising out of or in any way connected with my participation in the Sports Event. Signed Print Name Date 0mbaomat�mn��Shopping Centers 1221Ave nuoofthe Americas, 41n Floor �Oo�New York, NY1OO2O'1O99 INNEIR 'can here for more information. La Porte! La Porte is a community of strength and pride (as represented by the San Jacinto Monument), large, under -served opportunities for commercial retail development, and hard-working citizens/Americans (i.e. "patriots") who are leading the recovery in the U.S. economy, and supporting the United States' independence from foreign oil. The three (3) vertical booth banners exhibit La Porte's primary characteristics and offerings with respect to economic development and opportunities for retail commercial development: • Banner #1 - "Gateway to Independence", or even better, the "Gateway to Strength and Independence". La Porte is characterized by: the home of the San Jacinto Battleground, San Jacinto Monument, and Texas' Independence, resolve, character, fortitude, bravery, the center of the 2nd largest petro -chemical cluster in the world, gateway to the Houston Ship Channel, and the Gateway to Houston's international trade and commerce. Banner #2 - "Texas -Sized Opportunities for Development". La Porte is the figurative "hole in the retail/commercial donut" that offers Texas -Sized Opportunities for commercial development. Retail exists all around us in Deer Park, Pasadena, Baytown, Clear Lake, and Webster, but we are under -served in almost every category of retail. • Banner #3 - "Backbone of the U.S. Economy". La Porte represents the "backbone of the U.S. Economy', where our committed, hard working citizens diligently work to support the United States' independence from foreign oil. Our citizens make a good income ($72,000 Avg. HH income), but they need a place to spend their money in their own community. R Wo RN IIIIIlllllllllIIIIII µ� 23 October 2013 Mrs. Barbara Cutsinger Marketing Manager Bay Area Houston Economic Partnership P.O. Box 58724 Houston, TX 77258 RE: Texas -Sized Commercial Development Opportunities in La Porte, Texas Dear Mrs. Cutsinger: La Porte, Texas, home to the San Jacinto Monument and Battleground for Texas' Independence, is also the center of the 2nd largest petro-chemical/refining complex in the world and gateway to the Houston Ship Channel. Technological advances in fracking and natural gas extraction, expansion of the Panama Canal, expansion of the Port of Houston's Barbour's Cut and Bayport Terminals, and opening of the Houston Bayport Cruise Terminal are attracting billions of new, industrial investment to La Porte. Although La Porte is fortunate to attract so much industrial trade and investment, daytime employment, high average household incomes, and tourism, it suffers from a lack of new retail and restaurant development. La Porte epitomizes the backbone of the resurging U.S. economy. The citizens of La Porte are hard-working people with good incomes in a solid, diverse economy that is slated to grow for generations to come. Catalyst Commercial, Inc. recently completed a retail trade analysis of La Porte's Primary Trade Area (map enclosed) and identified the following: • 383,000 Population • $72,000 Avg. HH Income • 154,000 Daytime Employment • $337 Million Under -Served Retail Trade • 490,387 SF Demand for More Retail • 74% White Alone, 40% Hispanic (Any Race) • Over $8 Billion in Commercial Investment • Thousands of New Homes • Over 6 Million Tourists annually visit the San Jacinto Monument, Princess and Norwegian Cruise Lines at the Houston Bayport Cruise Terminal, Kemah Boardwalk, Johnson Space Center, Battleship Texas, Clear Lake, League City, Seabrook, Historic Sylvan Beach Park, Golf Courses, Main Streets, Parks, and Marinas in the Bay Area. An electronic map of available sites for commercial retail/restaurant development in La Porte is enclosed. Profiles and additional information are available for each of the following: • Education • Employment • Income Analysis • Report on La Porte's Primary Trade Area • Lease Comps for La Porte • Traffic Counts • Analysis of Under -Served Retail • Demographics • Visitation/Tourism • Houston Bayport Cruise Terminal The La Porte Development Corporation and City of La Porte offer a variety of financial incentives to encourage new retail development in La Porte, Texas, and we welcome every opportunity to discuss the available financial incentives with prospective investors. All incentives are considered on a case by case basis, and they are subject to the approval of both the Board of Directors of the La Porte Development Corporation and La Porte City Council. All incentives must be accompanied by a signed and executed incentive/development agreement. Please feel free to contact me if you would like any additional information, or if you have any additional questions! Sincerely, Scott D. Livingston Director of Economic Development & Tourism City of La Porte 281-470-5016 Livin 2122. laporte gov U a ro .. ri E ,��, c. 4N-} `' of o J N :t r^ '/ t O S. N L- L:. P t7 O . d' CV V FQ- rYJ r4"l` Ili/ Ci O q"Y n o tia O (I} .. W O O N W .t N _ p N N �" n 6 O.. N t •n 4 i.Y2.. f(} £ Y ur o-0 CI} C7 R v 0 6 75 U N ro n ro ur 4 r° 4 0 N 6 :;, O N O > } i j cv mr N } w N rtr c` 7 E c, Ot o •.t' £ 0 O. O r°, (07 O ,, U : ry -.t U Q 6`• Ca 4. o-.., N cN n W d N �.i' N W d N ` O o-. r >. an «. :'�' O N O N ( cd D' « '(i a aC.j N IA.1.to ".t c4 o O uG.9 () "•t h+ �':� q4T "' �) RW ? "•t YP' (U 6 J J / /� a o n �s ¢ ¢✓ cN4 pj >, :: rn �j 'ti F- o n n o >* E f o° a ro zw' zw'r Z o D: . O N ,� n... �- () '� �- O v '. «' p N C„1 n.- .c g ' , cn 4 F-..: o ;t ,n 4 F-:. ,T ri t ci « N as O O ne9 O r () '.� — N >1 y O; O "� c W a •�i ..,t W a ..:t (') F.fl'- A' Q m..Y �.: �. U c% ur c O U 0 E ?. C„7 6 () < O rn c c-. O. 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Reprint froin'Tierra Grande magazine 0 2013, Real F state Center, All, rights ieserved, . ... .... . .. . IEMIC/,l R C .............................. I 'I, C� d I . ........ . t,, .. .. . . . . ........ "'TheAmerican chemical industry has had RIP written o its tombst"or fiez for tl"ie 'last 'l 5 y(,:mrs, " larnerts Derinis THE HOUSTON SHIP CHANN H services vessels from 1.54 counlries — more 117an any other U.S. port (right), OCTC Tubular oivner David Siverling (below, right) and Vice President for C-)perations Bill McWhorter (beloY4� left), at their plant. Rapid econornic growth is often accompanied by new challenges, This round of expansion will he no exception, but the resulting real estate opportunities in and around cast Harris County may be some of the best in years. Early Drivers arty economic drivers favoring netro- tchemical developi-nent near the ship, channel included" the ready availability of product (Oil and gas) and easy access to a rail and waterborne delivery sys- tern. installation of a vast pipeline network further diversified the area's distribution capabilities. An interstate highway link completed the integrated transportation network, Much of the chemistry developed to produce other vital products from oil and gas was initiated during the war years of the 1940s. The Bayport Industrial District, created in 1970, is now among the largest private industrial complexes in the country, with more than 60 chemical plants. Roughly 160 companies have acquired facilities along the ship charmel between the turning basin and Baybours Cut. Current Booin The primary feedstocks for the petrochernical industry are natural gas, natural gas liquids (NGLs) such as butane, propane and ethane, and naptha derive([ from crude oil. For decades, petrochemical production had been steadily drifting away from the United States toward. C111Cfging markets such as India or Indonesia, where feedstock prices and internationn.1 transports - tion costs were cheaper. The discovery of shale gas and the resulting drop in U.S. natural gas prices, has totally changed the global dynamics of the petrochemical industry. The Arnerican Chemistry Coup cilstates that when the ratio of the price of oil per barrel to the price of natural gas per MCF (thousand cubic feet) is more than 7 to 1, the competitiveness of Gulf Coast petrochemical products is enhanced. The'CI. & oil to gas ratio increased from S. to I in 2003 to more than 20 to 1, in 2011 The ratio has becoine extremely favorable for U.S, production of petrochemicals, plastics and other chemical products derived from natural gas and NGLs. A recent report by the Houston Branch of the Dallas Federal Reserve found that prices for the NGLs ethane and propane had tumbled 410 percent to their lowest levels in at least two decades by 2012. In the United States, over 85 percent of ethylene, the major building block of most plastics, is derived from NGLs. The rest of the world primarily uses much more expensive naptlia, The Fed report also stated that U.S. ethylene capacity is poised to increase almost 33 percent by 2017, pending completion of all new plants, expansions, enhancements and. restarts of shutdown focilitics, that have been announced, Texas accounts for 72 percent of U.S. ethylene capacity, The report contends that the increase in domestic ethylene production will outstrip projected domestic demand growth in the next several years. As a result, U.S. petrochemical exports, p � particularly from Texas, will expand significantly. 'This is more good news for the Port of Houston. Synera nterdependence plays as big part in understanding the appeal to companies, big and small, that have chosen to locate in the EAHPR. For example, steam generated in one facility may be used to generate electricity for mimher. Gases produced in refining or processing applications like hydrogen may be used in a nearby chernical plant as a feedstock for specialty chemicals. The Conirlections between the flixrns are massive. Interest in the region from foreign companies has always been strong and should continue to improve with the increase in available domestic feedstocks (see map). Foreign direct in- vestment in plants and facilities can be attributed to a number of factors. "The Japanese originally chose this area to locate facili- tie-, based on availability of raw rnaterials, the workforce:, the support industries, low energy costs and reasonable taxes," 1140uston Por,t Regroll awitzei mi m M ways Steven Skarke,,executive, vice president of Kaneka North America,a Japanese specialty chemical cornpany in Pasadena, "Port access is also critical since Our I)YOCIIACts are sold around the World." "It's also important to have access to things like <t COM1110TI wastewater facility, steam, oxygen and multiple natural gas suppliers," s. ays Doug Mathera, plant manager At the Dutch_ based LyondellBa.sell's Choate Road chemical plant in Pasadena, "The great thing about Texas is it looks for enlightened solu- tions to problerns. Recreational boats, shrimpers and plants call work and play together in, this region. That just doesn't happen on the East or West Coasts," says Mathera. Regarding wastewater, cominon practice is for each entity to build and operate its own waste management facility. 'rhe Texas legislature took a different approach, creating the Gulf Coast Waste Disposal Authority in 1969, initially to clean tip Galveston Bay, "About 80 industrial users send their wastewater to our treatment facility today," says Scott Harris, facility manager at Gulf Coast Waste Disposal's Bayport facility. "Another 11 companies or expansions are being considered as well, so we are continuing to grow." 213MM=1 The FAI-IPR's northern boundary along Highway 90and Sheldon Road is ground zero for the latest in OCTG pipe, an old ollfield term that stands for "oil country tubulargoods" used in producing or transporting oil and gas. Green, unfinished pipe is transported to this location from around the world or produced locally from rolled steel in new state-of-the-art pipe plants. Value-added processes, including hear treatment, finishing and final inspection, finalize the creation of a joint of downhole casing or produc- tion tubing. Heat treattirent strengthens the pipe to handle harsh drilling conditions. Finishing involves threading the ends or attaching custom connectors for special appliCatiODS, "The surge in horiZODtal drilling and hydraulic fracking has really increased the need for higher perforniance downhole pipe," says Bill McWhorter, vice president of operations for OCTG Tubular Finishing. "When we drilled vertical holes, gravity worked fine to help us drop Well casing in place. But with horizontal wells, a joint Of easing May have to be pushed a mile or more. That's intro- duced a whole new level of stress on today's pipe." "There is a global land rush to be right here if you're in the downhole pipe business," says OCTG Tubular's owner David Siverling. "This is the spot on the planer on the cutting edge of downhole pipe technology." Workforce Challenges The upswing in economic activity has increased the de- rnand for skilled workers in the area, Many companies are forced to lure talent away from each other or train new people in-house. "It will take us four to six months to train an operator," says Meredith Zauflik of Oxiterro. "We want to retain our talent and avoid retraining as much as possible by offering a great work environment. What we don't want to be is some other company's training ground." "Unfortunately, Ailierica has a inissing generation in the skilled labor pool," says Me- Whcater . "We've been forced to bring in older talent,, some of them retired, to get by until The dISCOR younger folks call be trained to fill the void. I spend a lot of and the resulti,t irry time recitriting, and I can tell you that finding good labor is a real problem.." natural gas pi With its perception as A, blue-collar area, the cast side changed the g1c of Harris County has not tra- ditionally been a. place young people arc drawn to. "These the petrochev are not sexy jolts, " says Ohl- niansiek. "But they pay quite well And, with the shortages, there is a lot of opportunity to move Lip the ladder quickly." The bulk of new -hires picked up by the major industrial employers will have two years in a trade school or the equiva- lent in on-the-job experience. Sort Jacinto College (SIC) offers a number of technical training programs, However, SJ'C reports that compairies that overprojected labor needs in the last down- turn remain hesitant to communicate their exact staffing needs. Conflicts of Interest Over LNG A big unknown in the petrochemical and manufacturing sec_ tors is how large the effect of exporting Us. liquefled natural gas (LNG) to other countries would be on the domestic price Of natural gas. The concern is that out Advantage of cheap fuel and feedstocks for local industrial uses could disappear if the price of gas increased too much. Currently, only one LNG export facility, Cbeiiiere Energy's Sabine Pass location, has completed the Federal Energy Regula- tory Commissions jFERC) authorization process And obtained signed long-term contracts frons global buyers. The facility's first two stages, under construction since last August, will have an export capability of about 2.6 billion cubic feet (BCF) Icer day. Natural gas production in the lower 48 states averages About 65 BCF per day, Twenty-five Applications for permission to construct LNG export facilities have: been filed as of March 2013, According to an April 2013 report by the Congressional Research Service. Energy analysts believe it is highly Unlikely that all 25 projects will be built. Chenicre Energy's CEO, Charif Souki, has described the 25 export applications as "20 ideas Arid four or five true projects," if all 25 projects were to be constructed, they would represent a total export capacity of 29.7 BCF per day according to the congressional report. Proponents of natural gas as a transportation file] Argue that it rnakes no sense: to export our clean doniestic natural gas while continuing to import dirty crude oil. Most companies involved in U.S. petrochemical and manufacturing agree. Alternatively, exploration companies argue that exporting LNG could help bring the price back to a level sufficient to en- courage drilling for natural gas Again, drought to be somewhere around five dollars per MCF. Interest in drilling for natural gas declined significantly in the last year due to a steep drop in price. Tire U.S. natural gas rig count fell from more than 800 in. 2012 to less than 400 today, a level not reported since 1999. The decision rega rdi ng how much U.S. LNG to export 'y of shale gas will ultimately be decided by politicians. However, IFIS Global Insight reports that g dro.p in U. S. the I.J.S. petrochemical sector is ramping up to spend $95 ces has tota Ily billion fox, plant expansions and new projects. This would indicate that they believe the )al dynamics of" eventual natural gas price increase will be manageable. ical Indus try. over the next 15 to 20 years. These expansions also will immediately create construe - tion jobs and increase full- tirric emi)loyment as well. Marie McDermott, vice president of business development for the EAFIPR, agrees, "In 2012 we had six major specialty chemical or manufacturing companies commit to spend store thin $1.5 billion in our area for new capital investment. That makes us pretty, optimistic about the filtUTC of our industrial sector", -P* Dr. Htinr(hhunt@tamu.edu) is a research ecommist udth rhe Real Estate Colter at']'�=s A&M (,Aniversft� Y, The U.S. petrochemical industry is benefiting from cheap And plentiful natural gas feedstock that allows it to corn- pete with countries that derive their feedstock from crude oil. Indications are that the boom created by low-cost natil- r.d gas will not bra short-term phenomenon.