Page 161 - CityofSaginawFY25Budget

CITY OF SAGINAW
GOALS, OBJECTIVES AND PERFORMANCE MEASURES
2024-2025

ECONOMIC DEVELOPMENT
GOAL: To support, promote, enhance, and diversify the local economy through business recruitment, retention,
development, redevelopment, and information-sharing. To increase commercial product, workforce capacity, tax
revenues, and business offerings for consumer use in Saginaw.

City FY 2023-2024 FY 2023-2024 FY 2024-2025
Strategy Department Goal Department Achievement Department Goal
Received two (2) awards from the Actively promoting available properties
Texas Economic Development to developers and site selectors to
Actively promoting available
properties to developers and site Council. Redevelopment of the 1005 increase our existing tax base and
N. Saginaw Blvd to a new
selectors to increase our existing tax development with four sales tax economy. Continued discussions with
developers, commercial real estate,
base and economy. Continued producing businesses. and businesses to forward the progress
discussions with developers, Redevelopment of 325-329 N. on future and existing development
commercial real estate and
businesses to forward the progress Saginaw Blvd to a Taco Bueno, Papa projects. Continue pursuing LOI's,
Develop vibrant on future and existing development Johns Pizza, and space for 11 more signed leases, and purchases for
activity businesses. Redevelopment of 801 existing and new developments.
centers/major projects. Continue receiving LOI's for Burlington Rd. to a new warehouse Continued progress on the
existing and new developments.
corridors and business. Hand delivered 45 redevelopment of Saginaw with a focus
Continued progress on
redevelopment of Southern Saginaw. CO's through March 2024. Hosted 6 on the southern sector. Continued
Continued promotion of Building Grand Openings/Ribbon Cuttings promotion of Building Improvement
Improvement Grants, Saginaw through March 2024. Saw a Grants, Saginaw Business Spotlight
significant sales tax revenue increase
Program, and the Scenes from the
Business Spotlight Program and the in 2023 of over 10% and over 8.5% in Roads Less Traveled. Continue to help
Business Beautification Award 2024. Negotiated the change in the our residents achieve their commercial
Program.
name of the North Tarrant Chamber wishes, dreams, and goals.
of Commerce.
Department Achievements:
ANCHOR FABRICATION is a steel fabrication company that provides metal parts to the fabrication industry. They are located at 1200
Lawson Rd. and have a footprint of about 135,000 square feet. They chose to purchase vacant untouched land in Saginaw and plan to
expand their footprint by an additional 140,000 square feet.
THE ARTISTIC BEAUTIFICATION OF SAGINAW, TEXAS (Mural at 1029 N. Saginaw Blvd): The Economic Development Department and
the Keep Saginaw Beautiful Committee have been working on a joint project. The Economic Development Staff has been discussing this
property with the owner for over two years. North Town Center, on the north end of Bus 287 at 1029 N. Saginaw Blvd., currently houses
Bag O’Crab, Eagle Point Restaurant, Atheneum Cider, Any Time Fitness, and many others. The City Council approved the funding (in
February 2024) for a professionally drawn mural to be painted on the open space of the east wall of the North Town Center (Anytime
Fitness exterior wall).
MILLER MILLING EXPANSION: Staff worked with executives from Miller Milling on expansion for about 18 or so months. We made it
down to be a finalist along with a city in Alabama. Miller Milling will be expanding in Saginaw, Texas. Miller Milling chose to expand their
operation twice. First, they are expanding a substantial footprint with a new, state-of-the-art Innovation and Technical Center.
Groundbreaking of this facility was December 18, 2023, with construction currently moving quickly. The second expansion (late 2024-
2025) will increase the plant’s daily capacity. When the upcoming expansion is complete, the Saginaw mill will be the largest flour mill in
capacity in Texas and the third largest flour mill in capacity in the United States. This will have a significant impact on our community and
economy!
SYNERGY SAGINAW: Established a Business Networking Group in conjunction with the Northeast Tarrant Chamber of Commerce.
“Synergy Saginaw” meets every first and thrid Friday at Blue Mound Café in Saginaw at SOBA Church at 11:30 AM.
AWARDS:
Texas Economic Development Council: Our Economic Development Department was awarded a Community Economic Development
Award of Merit for outstanding achievement in Community Economic Development.
The Texas Economic Development Council: Our Economic Development Department was awarded the “Economic Excellence
Recognition“
LOCAL BUSINESS FORUM: February 2024-Jack Bradshaw, President/CEO of the Northeast Tarrant Chamber of Commerce
CITY VIEW ECONOMIC DEVELOPMENT NEWSLETTER : (October 2023, January 2024, March 2024, May 2024)

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