DEPARTMENT: Economic Development
DEPARTMENT HEAD: Rene Dominguez
COUNCIL DISTRICTS IMPACTED: City-Wide
SUBJECT:
Briefing by the Brooks Development Authority.
SUMMARY:
The Brooks Development Authority will provide a briefing on progress made on implementation of the recently adopted Land Use Plan, economic development accomplishments, and ongoing partnership initiatives.
BACKGROUND INFORMATION:
Brooks City Base was established in 2002 to minimize the impact of the closure of Brooks Air Force Base to the local economy. Since then, it has served as a unique model for redevelopment due to its use of public-private partnerships to establish a vibrant mixed-use community, and serve as a catalyst for prosperity in and around the area that comprised the former Brooks Air Force Base.
Brooks, located in southeast San Antonio, is home to more than 30 companies with 3,000+ employees with an estimated average salary of $50,000. Ample opportunity for growth remains at about 500 undeveloped acres still available for new development on campus. Through public-private partnerships, Brooks City Base continues to attract national and international investment that enhances the local economy.
The Brooks Board of Directors adopted a Land Use Plan in July 2014 which breaks the 1,308-acre campus into three districts, each with a unique purpose and character. The design creates a balance between culture, economy and ecology. The three combined parcels offer an estimated 750 acres of remaining space for multiple uses and redevelopment. Brooks uses this comprehensive Land Use Plan to inform strategic regional partners of the land available at the campus for new business investment.
Brooks has experienced a substantial increase in activity over the last five years. Based upon recent years' activity and projected improvements in the next five years, Brooks development will more than double its current economic impact and increase its annual tax...
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