RLACC Mission 5 | Your Quarterly Report: Economic Development

Posted by: Justin Freeman on Friday, May 13, 2022

Our Vision is for the Rogers-Lowell Area to be the center of world-class business, welcoming communities, and opportunities for all. This Vision drives our mission-work.

The Mission 5 Report is a new quarterly report highlighting our results, accomplishments and other outcomes from the Chamber’s efforts to be influencers, catalysts, and conveners: the trusted source for growing business, activating leaders, and building community.

The Chamber’s five key focus areas for its mission-work, called the “Mission 5”, include Economic Development, Community Development, Small Business & Entrepreneurial Development, Advocacy & Government Affairs, and Destination Marketing & Management.

Whether you are an investor in our mission-work through Vision 100 or through membership in the Chamber, or both, you are helping to fuel these important outcomes for the Rogers-Lowell Area. We thank you for your investment in our community’s future and taking time to learn more about our mission-work highlights in this report.

Economic Development

This mission-work creates a pro-business, pro-growth economic environment. It spurs economic growth as a key driver for increasing the sales tax base which funds education, public safety, and infrastructure. We also develop talent pipelines for current and future workforce needs by connecting educators and students with industry. Our resources and support help our community sustain responsible economic development growth from Downtown Rogers to Uptown Rogers and Lowell.

Q1 2022 Highlights:

Worked with 30+ developments out of the 67 large-scale projects currently under construction in Rogers valued at an estimated $70 million.
Rogers reported record sales tax collections in the first quarter and is on track to match last year’s record-setting collections.
Staff spoke to the Rogers Public Schools Parents Night to talk about workforce needs and showcase high paying careers not requiring college degrees across the region.
Rogers’ unemployment rate remained just over two percent which is the second lowest rate in the state, currently at 2.3 percent.
Launched new, branded Go Downtown Rogers communication channels providing the community and businesses with one trusted source for merchant news/promos, events, and downtown economic development news.