Friday, June 23, 2017

EXECUTIVE SUMMARY 2017 INTERNATIONAL COUNCIL OF SHOPPING CENTER CONFERENCE LAS VEGAS

 
 

Mayor Jett, Deputy Administrator Bill Hobson and I also recently attended the International Council of Shopping Center (ICSC) conference in Las Vegas, where the City of McHenry has exhibited for eight consecutive years.  We attended nine meetings with property owners, developers, brokers, etc. to promote the City, recruit business and foster business and this year was again extremely beneficial.  Total attendees was approximately 37,000 individuals. 

Mayor Jett attended the conference and was a great asset-particularly in speaking with property owners and bridging communication gaps between property owners.  Mayor Jett asked me to provide some information on the value of attending this conference to the City of McHenry. 

 
 
 
The only information I am not including in this correspondence is the specific details of what retailers are looking where, etc.  It is critical this information remain confidential because of ongoing negotiations between owners, developers, brokers, retailers, etc. and many times multiple developers seek the same sites for the same retailers. 
 
I want to ensure the integrity of this type of information remains confidential but have no problem disclosing to the general public why we go, what we do and the benefits to the City.  Below is a quick snapshot of the conference, as well as the layout of the Las Vegas Convention Center.  There are three halls:  North, Central, and South.  The City of McHenry booth is a 10’ X 10’ space located in the Central Hall in the P3 Pavilion. 
 
P3 refers to public-private partnership.  The P3 Pavilion is an area where numerous cities and economic development organizations are located and the International Council of Shopping Centers (ICSC) has been trying to attract more governmental entities so they host receptions in this area in order to draw people to the P3 Pavilion.  More cities have been attending and exhibiting and ICSC does a lot to promote this. 
 
Many people ask what it costs to exhibit at ICSC.  The City of McHenry pays $1,200 for a 10’ X 10’ space which includes four staff badges. 
 
 
The other expenses are a five-amp electric drop, which is $116.50, and the shipping and handling for our exhibit.  When we arrive on Sunday prior to the commencement of the convention on Monday, we setup the exhibit and when the show concludes on Wednesday, we pack the exhibit and the exhibit is shipped back to the Municipal Center. 
 
While we have a 10’ X 10’ booth, many cities have elaborate booth spaces.  Pricing for these is by square foot and typically communities with these types of booths are not located within the P3 Pavilion but do pay a a lot of money and to be located among the major retailers, typically in the south hall.  Each community needs to find the appropriate balance and I believe the model we have used the past eight years works for our City.
 
 
 
Generally speaking, the purpose of attending ICSC, meeting with retailers, developers and property owners and having an exhibit space at ICSC is multi-fold:
 
·      It’s a convenient opportunity to introduce, reintroduce and promote and sell the City of McHenry brand and provide a canvas of what the City has to offer in terms of:  business, education, recreation, downtown redevelopment, quality of life, etc. as well as  opportunities for developers, retailers and investors, etc.  This year we handed out notepads, hand sanitizer and cell phone stands with City of McHenry logo.  By the end of the first day, we ran out of the sanitizer and cell phone stands.
 
 
 
 
 
·      Attendance at ICSC provides an occasion to meet face-to-face with retail representatives as well as shopping center owners from other states, which we would otherwise not have an opportunity to meet, such as Developers Diversified (DDR) based in Ohio, owner of Shops at Fox River, BET Investments (based in Pennsylvania) and owner of the southern half of McHenry Commons Shopping Center;
·      The conference provides an opportunity to learn about retailers looking at the City of McHenry, having the City on their planned growth radar and which retailers may close their store in the City at some point in the future;
·       It also helps us learn which retailers are not in the City and do not have plans to locate in the City in the near future therefore we do not waste time trying to attract companies not currently looking at our City.  I often obtain this information by meeting with existing shopping center owners/brokers whom I have contacted and pre-scheduled meetings with;
·      ICSC provides an opportunity to meet with retailers which I did not initially plan to meet, however because they attended the conference I took advantage of the opportunity to do so.  Mayor Jett actually told me about DXL who had a booth at the conference.  I was able to contact their representative and speak on the phone with her, and also pass her name onto a shopping center owner in the City which they may be interested.
·       ICSC provides an opportunity to network with a vast array of individuals and companies with numerous interests.
·       These contacts may or may not produce anything viable for the City of McHenry but it is often someone you may run into, particularly at a conference of this size and magnitude, which will produce a tangible benefit for our community.  ICSC has conferences similar to the one in Las Vegas on every continent (except Antarctica), however the Las Vegas Convention is the largest in the world, therefore everyone is at the same place at the same time.
·      Additionally, the City of McHenry has maintained a consistent presence at this conference, demonstrating an on-going commitment to economic development, which is very important to shopping center owners, retailers, brokers and others seeking to invest in our City.
 
The most important reason we attend this conference is that economic development is a long-term proposition and often takes numerous years for either a retailer or developer to actually do something - open a store, etc. in your community. 
 
ICSC provides the best platform to meet face-to-face with people and cultivate these relationships and maintaining a consistent presence is critical.  Additionally this year, Mayor Jett attended and this was another demonstration of the City’s commitment to economic development. 
 
As a point of interest, the City of McHenry is the only community in McHenry County who has a booth at this convention, however this year representatives from Huntley, Volo, Lakemoor, Crystal Lake, Harvard and the Woodstock-Harvard Enterprise Zone all stopped by our booth. 
Economic development is more competitive among communities than it has been in the past and our neighbors are out there seeking business, therefore it is critical we do the same.
 
 
 
Having a booth allows one of us, typically Deputy Administrator Hobson, to stay at the booth, while this year-Mayor Jett and I met with developers, shopping center owners and retailers.  This year we had nine meetings scheduled over the course of two and half days.
 
Mayor Jett and I attended eight meetings on Monday and Tuesday and Mayor Jett was asked to attend another meeting while at the conference.  Mayor Jett received a follow-up email this week from a gentleman who stopped by our booth.  This is another advantage of having a booth-over the course of the eight years we have drawn a lot of traffic from developers, retailers, brokers, etc. who we may not otherwise have connected. 
 
A week after we returned Mayor Jett received an email from a gentlemen stating he has reviewed the information we provided at the Conference and visited the City of McHenry and requested a meeting with Mayor Jett, along with a tour of the City to discuss development opportunities and options. 
 
This is at a minimum continuing a conversation and may or may not lead to a tangible benefit however, this is how economic development typically begins.  A connection is made and relationship established and at a minimum another individual, who may have two other people with him, may or may not do something immediately in McHenry but may come look around and keep McHenry on his radar. 
 
Many of these conversations begin in Las Vegas at this convention and last for years.  One broker told me a story about a project a co-worker of his worked on which led to a major retailer locating in a City however, the deal took ten years to complete.
Lastly, a couple of years ago ICSC added a feature to the Exhibitor Portal on their website.  As an exhibitor, you are included in the general program, as well as on the website.  I provide a write-up on the City and it is published on the Exhibitor Portal. 
 
Below is the feature which ICSC added a couple of years ago and it details how many people have viewed your information on the Exhibitor Portal; number of links made to your website and number of people who added the City of McHenry to their “agenda” while in Las Vegas. 
 
It is clear just from the numbers below that there is considerable interest in the City of McHenry.  Moving forward I will track this annually and use this year as a benchmark. 
 
I believe however, the most beneficial aspect of attending the ICSC conference in Las Vegas is it provides the greatest networking opportunity with everyone associated in retail and shopping center development across a vast array of professional fields. 
 
 
 
 
 
INFORMATION PROVIDED AT INTERNATIONAL COUNCIL OF SHOPPING CENTER CONFERENCE IN LAS VEGAS MAY 21-MAY 24, 2017
 
Another important aspect to be successful with any of the retailers is proposing specific viable sites, which meet the criteria for that retailer and/or developer which may be seeking to attract a particular tenant/tenant mix. 
 
Each year I provide updated information to hand out at the ICSC Conference.   Last year I brought business cards which are produced by Corporate Disk in McHenry.  This year I brought 100 of the same business cards with built-in USB drives and included on these are the informational folders pictured below. 
 
Additionally, I bring two binders to the convention, which are kept at the booth.  The binders contain hard copies of almost all of the documents on the flash drives so people stopping by the booth can look at the plans, properties, etc.  When we attend meetings, we hand out these cards as well.  Below is also a screen shot of the front and back of the card and the files contained on the card. 
 
 
 
 
 
MAYOR JETT ATTENDANCE AT ICSC
 
Deputy Administrator Hobson and I have attended this conference together for many years.  Attendance at this Conference is not easy and Deputy Administrator Hobson and I are a team.  I could not accomplish what I need to accomplish without his attendance.  Mayor Jett added a third dimension and honestly, we went from being a great team to being an even better team. 
 
Many communities have numerous staff and elected officials attend this conference, and as I stated each community needs to determine the appropriate balance for their community.  I did not know how Mayor Jett’s attendance would affect our presence at the conference but I believe it was a great experience for him and added another dimension and more credibility for our City. 
 
Mayor Jett fit in immediately, attended every meeting with me and even one without me.  His attendance as the head elected official was very well received and evident from the people we met with, however his business knowledge and ability to bridge gaps, communicate and mediate was an even greater benefit. 
 
CONCLUSION AND FOLLOW-UP
 
While at ICSC in Las Vegas, you never know who you will meet; what conversations will occur and what may come out of it.  Every year many municipalities, which have never exhibited at ICSC, stop by our booth and ask us if we believe it’s worthwhile to exhibit at ICSC in Las Vegas.   While ICSC touts this conference as one where deals are made it is my opinion, as well as many others I have spoken with, ICSC provides an opportunity to network, cultivate existing relationships, establish new ones and learn all the dynamics in the market. 
 
Additionally, following-up on ICSC contacts, leads and conversations is just as, or more, important as attending.  Mayor Jett’s presence at the conference was extremely beneficial and he fit very well into our team, assisted in many ways, and has already contacted people from the conference and follow-up emails, calls and meetings have also been scheduled.
 
Consistency, providing a message that states we want business and establishing a broader network each year are crucial to economic development.  While electronic mail, Twitter, Facebook and other forms of social media are heavily utilized and certainly have their place, I am a strong proponent in the value of face-to-face meetings. 
 
Communication, collaboration and confidentiality are paramount to a successful economic development program and ICSC in Las Vegas provides a forum to do this.  The ICSC in Las Vegas is the only conference consistently attended by national and international companies. 
 
Economic development is a long-term proposition and quality economic development takes time and has many nuances associated with it.
 
 
 
 
 
 
 
 
 
 
 
 
 
SAVE THE DATES:
 
CITY OF MCHENRY FARMERS MARKET AND BAND CONCERT SERIES:  FARMERS MARKET, 4:00-7:30 PM, AND BAND CONCERT MAY 25, 2017-SEPTEMBER 28, 2017, 7:00 PM MCHENRY HIGH SCHOOL BAND, VETERANS MEMORIAL PARK http://www.ci.mchenry.il.us/index.asp?SEC=0D797DF0-55C4-4F86-87BB-CECF1CDC9DE3&DE=AF669D87-311B-40DC-BC3E-065844C70485&Type=B_BASIC  (FREE!!!)
 
GREEN STREET CRUISE NIGHTS:   MONDAYS, THROUGH SEPTEMBER 25, 2017; SPONSORED BY LETIZIA FINANCIAL; 6:00 TO 8:00 PM; ON MONDAY NIGHTS THROUGHOUT THE SUMMER; ENTERTAINMENT AND VIEWING OF THE MOST AMAZING VEHICLES AROUND; CORNER OF ROUTE 120 AND GREEN STREET IN MCHENRY; https://m.facebook.com/Green-Street-Cruise-Night-109208179155851/; http://mchenrycountyliving.com/cruise-night-schedule/ http://business.mchenrychamber.com/events/details/green-street-cruise-night-08-07-2017-12881 (FREE!!!)
 
BACK TO FAMILY OUTDOOR MOVIE NIGHT:  https://m.facebook.com/BackToFamilyOutdoorMovieNight/
 
GOLDEN AGE CINEMAS-MCHENRY OUTDOOR THEATER: 1510 CHAPEL HILL ROAD, GATES OPEN AT 6:30 PM, MOVIES COMMENCE AT DUSK (RECOMMENDED TO ARRIVE NO LATER THAN 7:30 PM) http://www.goldenagecinemas.com/#/mchenry
 
TURN OUT FOR TIM (TIM D’ANGELO’S FIGHT AGAINST CANCER):  JUNE 24, 2017, 5:00 PM TO 9:00 PM AT THE CHURCH OF HOLY APOSTLES (FATHER SHERRY PARISH CENTER), 5211 BULL VALLEY ROAD, https://www.facebook.com/events/204393123413733/
 
MCHENRY COUNTY PATRIOT RUN:  JUNE 25, 2017, 7:30 AM TO 12:00 PM AT MCHENRY COUNTY COLLEGE, 8900 US ROUTE 14, CRYSTAL LAKE
 
CITY OF MCHENRY LANDMARK COMMISSION:  TENTH ANNUAL A DAY AT PETERSEN FARM:  JUNE 25, 2017, 10:00 AM TO 4:00 PM AT PETERSEN HISTORIC FARM, 4112 MCCULLOM LAKE ROAD https://www.youtube.com/watch?v=MSNlUK4rWX0 (FREE!!!)
 
MCHENRY AREA CHAMBER OF COMMERCE RIBBON CUTTING AT MEIJER:   MONDAY JUNE 26, 2017; 10:00 AM 2253 N RICHMOND ROAD http://business.mchenrychamber.com/events/details/ribbon-cutting-13810
 
MCHENRY AREA CHAMBER OF COMMERCE RIBBON CUTTING/GOLD CANYON:  WEDNESDAY JUNE 28, 2017; 1:00 PM; 1257 N GREEN STREET (MCHENRY AREA CHAMBER OF COMMERCE); http://business.mchenrychamber.com/events/details/ribbon-cutting-13813
 
MCHENRY AREA JAYCEES DAY FIREWORKS:  JULY 1, 2017, AT PETERSEN PARK, 4300 PETERSEN PARK ROAD (PARK OPENS AT 4:00 PM AND FIREWORKS COMMENCE AT DUSK), http://www.mchenryareajaycees.org/
 
MCHENRY AREA CHAMBER OF COMMERCE RIBBON CUTTING/GRAND OPENING EVENT AT BEERABILITY:  JULY 6, 2017, 4117 W SHAMROCK LANE, MCHENRY, 5:30 PM, http://business.mchenrychamber.com/events/details/ribbon-cutting-13800; http://beerabilitybar.com/location
 
 
MCHENRY POLICE AND FIRE CHARITABLE ASSOCIATIONS FIFTH ANNUAL GOLF OUTING:   JULY 10, 2017, 10:30 AM TO 6:00 PM, MCHENRY COUNTRY CLUB 820 N JOHN STREET, https://www.mchenrypoa.org/
 
MCHENRY AREA CHAMBER OF COMMERCE DOUBLE RIBBON CUTTING AND OPEN HOUSES/BETTER HOMES AND GARDEN REAL ESTATE STAR HOMES AND MAGNOLIA SALON CANYON:   TUESDAY JULY 11, 2017; 4:00 PM TO 7:00 PM (OPEN HOUSES) 5:30-5:45 PM (RIBBON CUTTINGS); 4817 ELM STREET; http://business.mchenrychamber.com/events/details/ribbon-cutting-13814
 
MCHENRY AREA CHAMBER FIESTA DAYS:   JULY 13, 2017-JULY 23, 2017, www.mchenryfiestadays.com 
 
MCHENRY DOWNTOWN BUSINESSES SIDEWALK SALES:   JULY 22, 2017, 10:00 AM TO 4:00 PM, DOWNTOWN MCHENRY http://mchenrydowntown.biz/events
 
MCHENRY DOWNTOWN BUSINESSES FIESTA DAYS PARADE:   JULY 23, 2017, 1:00 PM (STAGING ON MAIN STREET IN PARKING LOT-WEST OF TRAIN STATION) http://mchenrydowntown.biz/events
 
TEE UP FOR CHARITY PIONEER CENTER FOR HUMAN SERVICES GOLF OUTING:   JULY 16, 2017, 11:30 AM (REGISTRATION) TO 12:30 PM (SHOTGUN START), DINNER/RAFFLE COMMENCES AT 5:00 PM PRAIRIE ISLE GOLF COURSE:  2216 ILLINOIS ROUTE 176, PRAIRIE GROVE www.facebook.com/STARCharities
 
MCHENRY AREA CHAMBER OF COMMERCE MIXER AT MCHENRY SAVINGS BANK:  AUGUST 1, 2017, 5:00-7:00 PM, 353 BANK DRIVE
 
WINDY CITY RUBBER DUCKY DERBY FOR SPECIAL OLYMPICS:   AUGUST 3, 2017, CHICAGO www.chicagoduckrace.com
 
 
MCHENRY AREA CHAMBER OF COMMERCE/MCHENRY COUNTY COMMUNITY FOUNDATION MIXER AT SMITH’S CENTRAL GARAGE:  AUGUST 8, 2017, 5:00-7:00 PM, 3315 PEARL STREET http://business.mchenrychamber.com/events/details/mixer-13803
 
MULTI-CHAMBER MIXER AT CHIRO ONE:  AUGUST 10, 2017, 4:00-6:00 PM, 435 ANGELA LANE, CRYSTAL LAKE http://business.mchenrychamber.com/events/details/mixer-multi-chamber-13804
 
BINNY’S BEVERAGE DEPOT WINE TOUR:  AUGUST 12, 2017, 1:00 PM TO 4:00 PM, 4610 W ELM STREET; http://www.binnys.com/
 
MCHENRY ROTARY BLUES BREWS AND BBQ:   AUGUST 18, 2017-AUGUST 20, 2017, PETERSEN PARK, 4300 PETERSEN PARK ROAD https://www.mrbbb.com/
 
MCHENRY AREA CHAMBER OF COMMERCE DOWNTOWN UNCORKED:  SEPTEMBER 16, 2017, 1:00 PM TO 4:00 PM, DOWNTOWN MCHENRY http://business.mchenrychamber.com/events/details/mchenry-downtown-uncorked-13679
 
MCHENRY HIGH SCHOOL DISTRICT #156 MANUFACTURING TRADE AND INDUSTRY CAREER EXPO (MTI EXPO):  SEPTEMBER 27, 2017, 6:00-8:00 PM, 1012 N GREEN STREET (MCHENRY HIGH SCHOOL EAST CAMPUS)
 
MCHENRY DOWNTOWN BUSINESSES FLAVORS OF FALL TASTE FEST:  OCTOBER 7, 2017, 1:00 PM TO 4:30 PM, DOWNTOWN MCHENRY, http://mchenrydowntown.biz/events
 
THANK YOU TO ALL BUSINESSES AND ORGANIZATIONS WHICH HAVE MADE A COMMITMENT TO GIVE BACK TO OUR COMMUNITY, SUPPORT/VOLUNTEER AT A LOCAL EVENT, AND/OR LOCATE THEIR BUSINESS AND/OR EXPAND IN THE CITY OF MCHENRY…EVERYONE CONTRIBUTES!!!!!
 
 
 
 
 
Please help us keep our community vibrant and strong to the greatest extent practical for businesses, residents and visitors alike!  The City Council is continually evaluating ways to assist in promoting business, tourism, community events and service!  Economic development is an ongoing effort the City is committed to and is a community-wide effort.  At the end of the day the entire community and everyone who is a part of it benefits!!

Douglas P. Martin
Director of Economic Development
City of McHenry
333 S Green Street

McHenry, IL 60050
815.363.2110 (d)

815.363.2173 (f)
815.790.4752 (c)
@mchmarketpulse
dmartin@ci.mchenry.il.us