Lake Superior Community Partnership

DRIVING ECONOMIC DEVELOPMENT

The LSCP is an Economic Development Organization focused

on the creation and retention of JOBS in Marquette County

A PRIVATE/PUBLIC PARTNERSHIP FOR ECONOMIC DEVELOPMENT

22%

78%

PublicPrivate

Based on dues revenue

CO

LLA

BO

RATEThe Faces of the

Partnership• Lake Superior Community Partnership• Economic Development Corporation of

the County of Marquette

• LSCP Foundation

• Chairman’s Circle

• Marquette County Ambassadors• 40 Below: Marquette County Young

Professionals

• Lake Superior Leadership Academy

Certified Economic Developers

• One of only 29 accredited economic development organizations in the world

• First AEDO in the Upper Peninsula and the only in the State of Michigan

Amy Clickner, CEcDChief Executive Officer

Lois Ellis, CEcDV.P. of Economic Development

Accredited Economic Development Organization

  Derek BushUpper Peninsula Economic

Development Liaison

Cathi ColeBusiness Development ManagerMichigan Economic Development

Corporation 

Nick Sekmistrz

Community Assistance SpecialistMichigan Economic Development

Corporation

  Donna LaCourt

Director of BioenergyBusiness Development

Michigan Economic Development Corporation

Doug DeYoungGovernment Relations Liaison

Northern Michigan Chamber Alliance

LSCP Regional Team

Total New Jobs: 1,737

Total Retained Jobs: 4,026

Investment: $422,971,000

ECONOMIC DEVELOPMENT 2011 BY THE NUMBERS (YTD)

ClientsStart-up: 49

Attraction: 36Expansion/Retention: 94

LSCP Dashboard

Economic Development2011 2010 Total Progress

Clients 179 85

Jobs Created 1,737 1,170

At-Risk Jobs Saved 4,026 3,010

EDC $ Loaned (YTD) 680,696 452,978

EDC Clients 13 10

Retention Visits 94 49

EmploymentAug '11 Aug '10 Progress

Unemployment Rate 8.5 9.1

Workforce 34,850 35,419

Total Employment 31,875 32,185

Total Unemployment 2,975 3,234

Marquette County Wealth2006 2007 2008 2009 2010 Progress

Population 65,129 65,165 65,462 65,703 67,077

Property Tax Revenue $56,453,883 $60,334,868 $64,177,780 $66,412,661 $69,585,222

Median Household Income $40,936 $45,536 $43,599 $41,273 $44,038

Per Capita Income $26,526 $27,783 $29,552 $31,316 $31,461

Median Home Sales Price $147,000 $150,000 $152,400 $142,000 $152,000

Population Growth

                  2000           64,634      2010        67,077

Population growth of 3.8% in Marquette CountyMichigan was only state that lost population in the 2010 U.S. Census

Marquette County as a Micropolitan

152

75

475

325

304298

345

314

176

495

468511514

280

548

482

204

521

*Micropolitan: An area with an urbanized area of at least 10,000 population but less than 50,000 population.

*Policom Corporation rankings put Marquette County at 152 out of the 576 Micropolitan areas in the country (Top 26% in the nation).

*Second in Michigan only to Traverse City who rank 75th.

In 2010, the median sale price increase by $10,000 or 7.0% to $152,000 which is virtually identical to the all-time high set in 2008.

It is interesting to point out that the 7.0% increase in the median price is lower than the 9.4% increase in the average. This is the result of considerably more of the high-end houses selling in 2010 compared to 2009. Marquette Area Residential Market Analysis - Closser Associates, Inc.

2006 2007 2008 2009 2010Total Sales 291 264 242 241 287Avg. No. Listings 171 199 246 220 230Days on Market 107 138 186 167 146Sales Vol (000) $49,458 $47,770 $40,679 $37,817 $49,278Avg. Sale Price $169,959 $180,947 $168,095 $156,917 $171,702Median S P $147,000 $150,000 $152,400 $142,000 $152,000% Chg. Med. S P 8.90% 2.00% 1.60% -6.80% 7.00%

Property Values

Notice that 9 of the Top 10 Counties are in the Upper Peninsula

Cliffs Michigan operations (2010):• Work Force: 1,598 employees• Annual Payroll (including benefits): $244 million• Annual Services & Supplies Purchased: $580 million• Michigan & Local Taxes: $10 million• Total Annual Economic Impact: $834 million

Economic Impact of Mining

Rio Tinto (Kennecott Eagle Minerals):• New Jobs: 220 • Construction Jobs: 500• Investment: $470 million

Orvana• Copperwood project in western U.P.

Aquila Resources• Back Forty project and gold exploration

Employer # of Employees

Marquette General Health System 2,619Cliffs Natural Resources, Michigan Operations 1,586Northern Michigan University 927Peninsula Medical Center 638Michigan Department of Corrections 425Bell Hospital 385Wal*Mart 380Marquette Area Public Schools 374County of Marquette 300AMR Regional Aircraft Maintenance Facility 253Pioneer Surgical 207Negaunee Public Schools 180PCBM Management-Country Village 180City of Marquette 175Gwinn Area Community Schools 170Pathways 158WE Energies 153Potlatch 152Ojibwa Casino II 143Target 125

2011 Principal Employers

Questions?

Lois Ellis, CEcD

lellis@marquette.org(906) 226-6591