February 2006  

IN THIS ISSUE:

Leadership Now

In Memoriam:
Roy G. Harrell, Jr.

Measuring "How We're Doing"

Looking At Long Range, Integrated Transportation Needs for the Region

Redevelopment Tools Workshop Scheduled

2006 Regional Leadership Conference -
Keynote Speaker Named

Partnership Hires Director of Funding & Investor Development

Web Feature
- Resource Center

Honda Grand Prix of St. Petersburg VIP Packages Available

News Around the Region
Pasco #1 in Job Creation

At A Glance:
-- Partnership Events
-- Community Events

New Investors

Regional Headlines


NEW INVESTORS

Signium International / Meridian Partners

Poynter Institute

Greater Tampa Association of Realtors

Sweetbay Supermarkets

Eckerd College

Fifth Third Bank

Kolkman & Associates

North Highland Company, Inc.

Regions Bank


AT A GLANCE
PARTNERSHIP EVENTS

Regional Leadership Conference
May 17-18, 2006


COMMUNITY EVENTS

2006 Medical Device Entrepreneurship & Investors Conference
Feb. 14, 2006

Tampa Bay Regional
Bus Rapid Transit Workshop

Feb. 16-17, 2006

Natural Capitalism Seminar
Feb. 22, 2006

Mexico Outbound Mission
March 27-31, 2006

Honda Grand Prix of St. Petersburg
Mar. 31 - April 2, 2006

Tampa Bay Workforce Alliance 2nd Annual Professional Career Expo
April 3, 2006

EFI Export Sales Mission to Guatemala
May 14-17, 2006

2006 Florida Tech Transfer Conference
May 22-23, 2006

International Commercialization of Micro and Nano Systems Conference - COMS 2006
August 27-31, 2006


REGIONAL HEADLINES

Ranking Tampa Bay

Tampa Area No. 2 on 'Scorecard'

Marks Mixed for Bay Area Economy

Tampa Bay Scores Big on Job Growth, Poorly on Housing

Pasco Tops U.S. in Job Growth

Italian Manufacturer Looks to Spend $10 Million in Winter Haven

Medical Manufacturer Expands to Meet Demand

Sacramento Company to Relocate to Clearwater

Floating Palmetto's Boat: Marine Company Grows Work Force

Tampa Bids to Hold on to Drugmaker Accentia

At Age 50, USF Touts Economic Punch

Bay Area Improves Jobless Rate

New Rail Hub Could Bring 8,500 Jobs to Winter Haven

USF Aids in Developing Underwater Detection Device

Making Region a Tech Magnet

White Collar Wave Hitting Ybor

DNAPrint Pairs with Harvard

USF Invests $2 Million for Electronic Health Record System

Grant Boosts Communication Between Doctors

Relax: A Bay Area Vacation is No. 5 Value

 

For more regional headlines, visit the "News" section of our newly redesigned Web site.

Leadership Now

Our Regional Economic Scorecard clearly indicates the potential of our region and also shows us the areas where we need to focus our efforts.  Our research also shows we are falling behind other areas of the country in the resources we invest in regional economic development issues.

Under the leadership of Roy McCraw, Regional President with Wachovia and this year's Secretary / Treasurer and Investors Chair, we are launching the Leadership Now campaign.  Our goal is to increase operating revenues by $1 million to support regional economic development issues.

As the regional organization, we are only able to achieve what we do through the active involvement and financial support of leaders throughout the region.  Your support is critical to our success.

Sincerely,

Stuart L. Rogel


In Memoriam:
Roy G. Harrell, Jr.

This past month we lost a tireless leader in our region.  Roy Harrell died suddenly late last month.  Roy has been a long standing member of the Tampa Bay Partnership, actively involved in many of our initiatives including our transportation effort and was serving as a member of the Tampa Bay Partnership's Executive Committee.

An attorney with Holland & Knight in St. Petersburg, Roy was well known for his expertise in water and environmental issues and is credited for his leadership in resolving Tampa Bay's "water wars" in the 1990s.  He was a former chairman and member of the Southwest Florida Water Management District (SWFWMD) for 12 years.

Roy will be long remembered for the dedication to quality of life issues on behalf of the region and the leaders he helped to mentor along the way.
 


Strategic Initiatives: Regional Economic Scorecard

Measuring "How We're Doing"

In mid-January, the Partnership successfully rolled out the Regional Economic Scorecard, a tool to help our leadership and investors measure the progress of our region and direct resources to areas that will ensure our future success.  

Three key findings of the scorecard include:

  • Tampa Bay is a strong leader in job creation, employment and labor force growth;
  • More work needs to be done to address the affordable housing issue; and
  • Incomes and wages are on the rise in Tampa Bay though the region still has relatively low wages and income levels in absolute terms - economic development must continue to be supported.

The leadership within the Tampa Bay Partnership is now reviewing this intelligence to guide efforts focused around its Priorities of Marketing, Public Policy, Research and Leadership as well as its Strategic Initiatives.

Access a copy of the news release and a copy of the Regional Economic Scorecard here.
 


Strategic Initiatives: Transportation

Looking At Long-Range Integrated Transportation Needs for the Region

Transportation continues to be the number one priority of business leaders surveyed by the Tampa Bay Partnership. The region’s growth expectations are that our current population of 3.7 million could nearly double in the next 40 years. In light of this dramatic reality this is clearly a time for inspired leadership from both the public and private sectors. To that end, a number of far-reaching studies are underway, commissioned by the Florida Department of Transportation and other agencies charged with addressing the regional visioning mandated by the 2005 Growth Management Bill. Among those are the ongoing FDOT “Strategic Regional Transit Needs Assessment” and the “Outer Beltway Study.”

In response to these critically important regional studies, the Tampa Bay Partnership has formed a “Transit/Multimodal Beltways Regional Visioning Initiative” being chaired by Joe Smith of the Walbridge Aldinger Company. Smith’s group will look at long-range planning, growth management, environmental and multimodal transportation issues during a period not to exceed six months, in what Smith is calling “an intense fact-finding mission”.

Read more...


Strategic Initiatives: Redevelopment

Redevelopment Tools Workshop Scheduled

Redevelopment of underused and neglected urban spaces can create new areas for business expansion and relocation.  As part of the Partnership's Redevelopment Strategic Initiative, one of our goals is to educate and advocate about best practices and available resources in redevelopment.  Under the direction of Redevelopment Chair Commissioner Karen Seel, we are pleased to announce a redevelopment workshop -- Economic Development Finance Tools for Redevelopment Areas -- on two financing tools that can hold promise particularly when pursued regionally - the new markets tax credits program and double bottom-line investment funds.

The workshop will take place Thursday, February 23, from 8:00 a.m. to noon at the Pinellas Realtor Organization office, 4590 Ulmerton Road, Clearwater.  Public and private sector attendees are invited to learn about the potential of these programs for our region and to brainstorm next steps.  You can access a copy of the agenda here.

For more information on the Partnership's Public Policy efforts, contact Karen Raihill at (813) 878-2208 or kraihill@tampabay.org


Bruce Tulgan Announced as
Keynote Speaker for 2006
Regional Leadership Conference

Bruce Tulgan is internationally recognized as a leading expert on young people in the workplace.  He is an advisor to business leaders all over the world, the author of 12 books and numerous management training programs, and an engaging speaker.  His presentation will discuss how we engage the younger workforce into helping make long-term community visioning decisions.

The Tampa Bay Partnership's 8th Annual Regional Leadership Conference will be held May 17-18, 2006 at the Don CeSar Beach Resort in St. Petersburg. This year's theme, "This Way Forward", offers a platform to engage in thoughtful dialogue on the long-term effects of our current growth and to address the critical issues that impact the livability of our region's future.  Mark the date and plan to join us.  Registration will be available on our Web site in mid-February so watch for further details.

Sponsorship opportunities are available.  Contact Elisa DeGregorio at (813) 872-2810 or edegregorio@tampabay.org.


Tampa Bay Partnership Hires Director of Funding & Investor Development

We're pleased to announce the hiring of David Boyd as Director of Funding & Investor Development.  In this role, David will be responsible for development and growth of new regional investors, expanding relationships with existing investors and improving investor retention and integration.  David previously served as Director of Business Development for Enterprise Florida.  He also served as Vice President, Business Development for Invest Northern Ireland. David will join the Partnership February 21st. We'd like to thank Walter Baker, Managing Partner of Signium International / Meridian Partners, a Tampa-based retained executive search firm and a new investor with the Partnership, for assisting us in this search.


Web Feature - Resource Center

The Tampa Bay Partnership has a wealth of information and resources about the Tampa Bay region on our Web site at  www.TampaBay.org.

You can also access downloads and order copies of our publications within the Resource Center.

For more information about the infrastructure in the communities of Tampa Bay, click on any of the community links below or contact Jennifer Taylor, our Business Development Manager at jtaylor@tampabay.org.


Attend 2006 Honda Grand Prix of
St. Petersburg Like a VIP

Grand Prix racing returns to downtown St. Petersburg March 31-April 2, 2006, and it is now more affordable and accessible than ever. The St. Petersburg Downtown Partnership and St. Pete Chamber of Commerce are working with the Honda Grand Prix of St. Petersburg to offer the Victory Circle Club packages tailored to the number of seats you need. For more information, contact Don Shea at the St. Petersburg Downtown Partnership at (727) 821-5066 or don@stpetepartnership.org.)
 


News Around the Region

Pasco #1 in U.S.
In Job Creation

Pasco County led the nation's largest counties in job creation in the spring of 2005, according to figures released by the U.S. Bureau of Labor Statistics.

Between April 1 and June 30, Pasco added 8,500 jobs, an increase of 9.5 percent over the same period in 2004.  That was a rate of growth 5 1/2 times the average for the nation's 322 largest counties.