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Town of Century: Strengths, Weakness, Opportunities and Threats (SWOT) Analysis March 2014 Economic Development Strategic Plan
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Page 1: Economic Development Strategic Plan - UWF Haas …haas.uwf.edu/Content/Town of Century SWOT Analysis - Haas Center...ers—from traditional manufactur- ... business expansion, ...

Town of Century: Strengths, Weakness, Opportunities and

Threats (SWOT) Analysis March 2014

Economic Development Strategic Plan

Page 2: Economic Development Strategic Plan - UWF Haas …haas.uwf.edu/Content/Town of Century SWOT Analysis - Haas Center...ers—from traditional manufactur- ... business expansion, ...

Town of Century

Town of Century

Freddie W. McCall, Sr.—Mayor, Town of Century

Project Team

Brice Harris, Ph.D. Aaron Schmerbeck, MS Matt Schwalb, MA, MSA

Amy Webber, MA Taltha Motter

Emily Williams

Primary Contact

Brice F. Harris, Ph.D. Associate Director

Office of Economic Development & Engagement

University of West Florida 11000 University Parkway

Pensacola, Florida 32514-5750 850-474-2708

[email protected]

about us

Located in the SunTrust Tower in

historic downtown Pensacola, Flor-

ida, the Haas Center collects, ana-

lyzes and distributes economic

data for clients seeking expert eco-

nomic advice. We exist to help

entrepreneurs and industry lead-

ers—from traditional manufactur-

ing to emerging technologies—

meet their information needs in the

modern economy.

The Haas Center specializes in

data analysis for the purposes of

economic forecasting, marketing

research, business expansion,

tourism, and real estate develop-

ment, as well as industry and aca-

demic studies. The Haas Center’s

staff combine academic creden-

tials with varied experience, rang-

ing from economists to survey spe-

cialists. Each professional com-

bines innovation with attention to

detail to produce high-quality re-

search products for Center clients.

For further information please visit

our website at haas.uwf.edu, or

contact Brice Harris at bhar-

[email protected].

1

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Town of Century

Table of Contents

2

Table of Contents

Introduction .....................................................................................3

Analysis of Century’s Strengths and Opportunities for

Economic Growth ............................................................................4

Four Golden Rules of Regional Growth .........................................4

Locational and Infrastructural Strengths ......................................6

Opportunities for Industry Recruitment ........................................8

Future Land Use—Mixed Use/Commercial/Industrial ...................16

Housing ...............................................................................17

Analysis of Century’s Weakness and Threats to

Economic Growth ..........................................................................18

Community Weaknesses .........................................................18

Threats to Community Economic Development ...........................21

Conclusion ......................................................................................26

References .....................................................................................27

List of Tables, Charts and Figures

Figure 1: Regional Transportation Infrastructure ...........................7

Table 1: Regionally Advantageous Industries within

Mobile, AL MSA ................................................................10

Table 2: Regionally Advantageous Industries within

Pensacola, FL MSA ...........................................................11

Table 3: Regionally Advantageous Industries within

the Five County Regional Market ....................................12

Chart 1: Mobile MSA Industry Competitiveness and

Growth, 2014-2019 ..........................................................14

Chart 2: Five County Region Industry Competitiveness

and Growth, 2014-2019 ...................................................15

Table 4: Regional Age Demographics ............................................19

Table 5: Poverty Rate by Group .....................................................20

Table 6: Educational Attainment by Region ..................................21

Page 4: Economic Development Strategic Plan - UWF Haas …haas.uwf.edu/Content/Town of Century SWOT Analysis - Haas Center...ers—from traditional manufactur- ... business expansion, ...

Town of Century

The Haas Center has been commissioned by the Town of

Century, Florida to create an economic development strategic

plan as part of the Comprehensive Planning Technical

Assistance Grant Program administered by the Florida

Department of Economic Opportunity, Division of Community

Development. Utilizing funds from this program, the Town of

Century, in conjunction with the Haas Center, will create an

Economic Development Strategic Plan for the purposes of

outlining existing local and regional market conditions, as well

as assessing the area’s challenges and opportunities associated

with the Town’s economic development.

By doing so, in a collaborative manner, with local and regional

stakeholders (residents, policymakers and business owners), the

Haas Center will assist the Town of Century with developing a

long-term plan to take advantage of the area’s innate economic

advantages, while leveraging regional resources in an efficient

and effective manner. These actions will better position the

Town and its residents to compete for jobs and investment in

the 21st century economy.

In accordance with the requirements set forth by the Planning

Technical Assistance Grant, the strategic plan includes a series

of five tasks, which outline the project’s goals:

Task I: Development of Regional Economic and

Demographic Profile

Task II: The Identification and Analysis of the Local and

Regional Market Area

Task III: The Collection of Input from Local and Regional

Stakeholders

Task IV: Challenges and Opportunities in the Local and

Regional Market

Task V: Prepare the Final Economic Development Strategic

Plan

3

Introduction

Introduction

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Town of Century

In fulfillment of Task IV, this report provides an analysis of the

Strengths, Weakness, Opportunities and Threats (SWOT) facing

Century’s potential to develop economically.

In order to analyze the strengths of a given region, it is crucial

to provide a theoretical framework from which to understand

regional development. As such, this section begins with a brief

explanation of the economist Mario Polese’s Four Golden Rules

of Regional Growth. Based on this framework, this section then

identifies Century’s strengths and opportunities for economic

development.

Four Golden Rules of Regional Growth

A substantial body of research has been developed over the

course of the last century as it relates to regional economic

development. Economic geographers, often referred to as

regional scientists, have examined the spatial economic

relationship between regions in the hopes of determining why

some regions accumulate wealth while others suffer in poverty

(Polese, 2009). Although a thorough examination of the

theoretical underpinnings of regional development is beyond

the scope of this report, a brief explanation of Polese’s Four

Rules is presented here only to provide context for the SWOT

analysis that follows.

Regional economic development occurs for many complex

reasons; however, economic geographers have distilled these

reasons into what is referred to as the Four Golden Rules of

Regional Growth (Polese, 2009):

1) Size Matters

2) Location Matters

3) Costs Matter

4) Exceptions Abound

4

Strengths and Opportunities

Analysis of Century’s Strengths and Opportunities for Economic Growth

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Town of Century

5

Strengths and Opportunities

The size (Rule 1) of a region (nation, state, county, MSA, city, town,

etc.) matters because higher levels of economic density, or what

economic geographers refer to as agglomeration, tend to increase

the productivity of labor, whereby generating wage gains and

production efficiencies (Polese, 2009). These productivity gains

then attract further investment seeking to capture future profits,

thus generating further economic growth. Simply put, larger

regions tend to generate greater levels of economic activity and

diversity, whereby providing the smaller regions within their orbit

a potential source of income.

The location of a region (Rule 2) in relation to its trading partners

also matters as industry must balance its cost of production against

its cost of transportation (infrastructure). Meaning, a firm’s

decision to relocate, among other factors, is decided based on

where its production facilities need to be located in relation to its

primary inputs versus the costs of transporting its tradable good to

market. These costs varying by industry and infrastructural

improvements.

Moreover, the cost (and quality) of its factors of production (land,

labor and capital) also matter (Rule 3). Certain industries find it

more profitable to locate in urban centers where both land and

labor tend to be expensive. These industries typically need smaller

facilities but a more highly trained (specialized) workforce, such as

Professional and Business Services industries. Other industries find

that lower property values and lower labor costs are attractive as

they require larger facilities and a workforce with mid to low levels

of training, such as Mid-tech Manufacturing industries (Polese,

2009). This is why automobile manufactures, requiring hundreds of

thousands of square feet for the their plants and relatively cheap

labor, have a tendency to relocate to rural areas where both land

and labor are relatively inexpensive.

Finally, there are exceptions to every rule (Rule 4), such as a

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Town of Century

6

Strengths and Opportunities

region’s history and governance, as well as technological change,

that may lead to regional growth in areas not predicted by the

three previous rules (Polese, 2009). As such, the elements of

regional economic development—size, location, and costs—should

not be seen as harden fast rules, but rather guidelines as to how

regions tend to develop economically (Polese, 2009).

With these elements of regional growth in mind, the following

section identifies the Town of Century’s strengths as it pertains to

its locational and infrastructural (transportation) assets, as well as

suggests potential opportunities for recruiting industry based on

these identified strengths.

Locational and Infrastructural Strengths

The Town of Century possesses locational factors that are

conducive to economic development—its proximity to two urban

centers, Mobile and Pensacola MSA. Additionally, the regional

infrastructure surrounding the Town creates certain opportunities

for growth. These infrastructural advantages include:

Within 20 miles of Interstate 65 to Mobile and Montgomery, AL

(Access via a 4-lane highway, Highway 113)

Within 40 miles of Interstate 10 to Mobile, Al and Tallahassee,

FL (Access via a 4-lane highway, Highway 29)

Access to CSX rail transport to Mobile, Montgomery and

Pensacola MSAs

Improved Industrial Park

Recently upgraded and expanded sewer/water infrastructure

Business Incubator

Pensacola State College, Century Campus

Low Wages

Low Property Values

These locational and infrastructural advantages are Century’s core

strengths which may provide opportunities for the Town to attract

much needed basic industries. Basic industries are comprised of

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Town of Century

7

Strengths and Opportunities

businesses that export goods or services, whereby creating an

inflow of new capital to the region, thus increasing its economic

value by producing employment and generating income. Although

location and infrastructure are important, they are not a silver

bullet for economic development. Other factors such as quality of

the local workforce, factor endowment, capital investment,

regulatory issues, quality of life and external demand all have a

part in developing a region.

Infrastructure. Figure 1 presents the major infrastructural assets

existing throughout the region. Century is located directly on the

Figure 1: Regional Transportation Infrastructure

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Town of Century

8

Strengths and Opportunities

state line and is within 20 miles (30 minute drive time) of

Interstate 65, which runs north from Mobile, AL to Gary, IN, and 40

miles (45 minute drive time) from Interstate 10, which runs east-

west, connecting Jacksonville, FL with Santa Monica, CA.

Moreover, each interstate is accessed using a four-lane highway—

Highway 113 to I-65 and Highway 29 to I-10. Finally, the Town is

within 50 miles (60 minutes) of the Port of Pensacola—a 50-acre

facility offering a Foreign Trade Zone, an Enterprise Zone and

stevedoring and marine terminal services.

In addition to the Town’s efficient access to two major interstates

and the Port of Pensacola, Century is also ideally situated at a CSX

rail interchange, with direct access to the Alger-Sullivan industrial

site. These rail lines run north to Montgomery, AL, south to

Pensacola, FL, east to Jacksonville, FL, and west to Mobile, AL, with

the last three destinations containing sea ports.

To determine the economic opportunities for Century, an analysis

of the greater region is necessary. In our report entitled Regional

Market Analysis, Haas Center staff identified Century’s regional

market as consisting of five counties: Escambia, FL, Santa Rosa, FL,

Escambia, AL, Baldwin, AL, and Mobile, AL. The following section

identifies the opportunities that may exist given Century’s

locational and infrastructural advantages identified above.

Opportunities for Industry Recruitment

Proximity to Urban Centers. Century’s infrastructural advantages

compliment its proximity to two urban centers—Mobile and

Pensacola MSAs. Being within 70 miles from Century as well as the

aforementioned regional infrastructural advantages, it may be

feasible for Century to attract basic industries with regional

advantages located in either MSA, as well as the greater five -

county regional market. A region can be defined has having an

economic advantage in a particular industry when that industry is

growing faster within the region under examination relative to that

industry at the national level.

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Town of Century

9

Strengths and Opportunities

By utilizing a shift-share analysis for industries within the Pensacola

MSA, Mobile MSA and the five-county regional market, we can

determine which industries demonstrate regional advantages and

thus may qualify as target industries for Century. Tables 1, 2 and 3

on the following pages presents data for all industries in Mobile

MSA, Pensacola MSA and the five-county regional market, which

are projected to add at least an additional 250 jobs between 2014

and 2019.

In order to understand what the data in each table is indicating, let

us look at Table 1, Row 1, Ship and Boat Building as an example.

The table contains the following data: NAICS Code, Industry

Description, 2014 Jobs, 2019 Jobs, Industry Mix Effect, National

Growth Effect, Expected Change, Competitive Effect, Change and

Percent Change. The first four columns identify the type of

industry, the employment for 2014 and the projected employment

in 2019. The final two columns (Change and % Change) represent

the total projected job growth between 2014 and 2019, as well as

the percent change.

Looking at our example, we see that Ship and Boat Building is

projected to grow from 5,300 employees in 2014 to 6,394

employees in 2019, thus leading to a projected job growth of 1,094

over that five-year period, or a 21% increase. The statistics in the

middle four columns are what help to determine the regional

advantage. Starting with the Industry Mix Effect, this statistic

represents how much of the job growth within the Mobile Ship and

Boat Building Industry is explained by the growth of that industry

at the national level (regional industry job growth X national

industry growth rate).

As the table indicates, this statistic is negative suggesting that the

Ship and Boat Building Industry at a national level is contracting.

The National Growth Effect statistic indicates the portion of the

industry’s growth within the Mobile MSA is due to the growth of

Page 11: Economic Development Strategic Plan - UWF Haas …haas.uwf.edu/Content/Town of Century SWOT Analysis - Haas Center...ers—from traditional manufactur- ... business expansion, ...

Table

1: R

egio

nally A

dvan

tageo

us In

du

stries w

ithin

Mo

bile

, AL M

SA

(Sou

rce: EM

SI, Inc.)

NA

ICS

Co

de

In

du

stry Descrip

tio

n

20

14

Jo

bs

20

19

Jo

bs

Ind

ustry M

ix Eff

ect

Nati

on

al G

row

th

Effe

ct

Expected

C

han

ge

Co

mp

etiti

ve Eff

ect

Ch

ange

%

C

han

ge

33

66

Sh

ip a

nd

Bo

at B

uild

ing

5

,30

0

6,3

94

-5

02

3

58

-1

44

1

,23

8

1,0

94

2

1%

81

21

P

erson

al Care Services

5,9

61

7

,47

9

52

0

40

3

92

3

59

5

1,5

18

2

5%

33

11

Iro

n a

nd

Steel Mills a

nd

1

,62

7

2,1

64

-1

32

1

10

-2

2

55

9

53

7

33

%

62

44

C

hild

Day C

are Services 2

,47

1

2,9

65

1

9

16

7

18

6

30

8

49

4

20

%

62

16

H

om

e Health

Care Services

2,9

95

3

,94

7

44

2

20

2

64

4

30

7

95

2

32

%

54

15

C

om

pu

ter Systems D

esign an

d

Related

Services

2,9

89

3

,72

1

23

1

20

2

43

3

29

9

73

2

24

%

33

12

Steel P

rod

uct M

an

ufa

cturin

g

from

Pu

rcha

sed Steel

1,9

16

2

,27

8

-63

1

29

6

6

29

5

36

2

19

%

56

17

Service

s to B

uild

ings an

d

6,9

95

8

,03

4

31

2

47

3

78

5

25

4

1,0

39

1

5%

62

11

O

ffice

s of P

hysician

s 4

,54

3

5,2

30

1

69

3

07

4

76

2

11

6

87

1

5%

62

41

In

divid

ual an

d Fam

ily Services

1,7

85

2

,26

2

21

0

12

1

33

1

14

6

47

7

27

%

52

42

A

gencies, B

roke

rages, an

d O

ther

3,4

19

3

,87

1

76

2

31

3

07

1

44

4

52

1

3%

62

13

O

ffice

s of O

ther H

ealth

1,2

79

1

,59

2

92

8

6

17

8

13

5

31

3

24

%

45

29

O

ther G

eneral M

erchan

dise

3,4

62

3

,94

8

13

8

23

4

37

2

11

4

48

6

14

%

81

31

R

eligiou

s Organ

izatio

ns

4,5

52

4

,92

3

-48

3

08

2

60

1

12

3

71

8

%

72

23

Sp

ecial Foo

d Services

1,8

60

2

,16

8

79

1

26

2

05

1

03

3

08

1

7%

53

13

A

ctiviti

es Related

to R

eal Estate

2,8

67

3

,19

7

82

1

94

2

76

5

5

33

0

12

%

56

13

Em

plo

ymen

t Services 4

,52

0

4,9

49

8

2

30

5

38

7

41

4

29

9

%

90

36

Ed

ucati

on

and

Ho

spitals (Lo

cal 7

,89

6

8,2

28

-1

70

5

33

3

63

-3

1

33

2

4%

62

21

G

eneral M

edical an

d Su

rgical 6

,30

2

6,6

91

4

1

42

6

46

7

-79

3

89

6

%

52

39

O

ther Fin

ancial In

vestm

ent

2,0

10

2

,36

1

29

5

13

6

43

1

-79

3

51

1

7%

72

22

Lim

ited-Service Eati

ng P

laces

7,0

88

7

,47

8

2

47

9

48

1

-91

3

90

6

%

53

11

Lesso

rs of R

eal Estate

4,1

28

4

,50

9

37

6

27

9

65

5

-27

4

38

1

9%

10

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Table

2: R

egio

nally A

dvan

tageo

us In

du

stries w

ithin

Pe

nsaco

la, FL MSA

(So

urce

: EMSI, In

c.)

NA

ICS C

od

e

Ind

ustry D

escripti

on

2

01

4 Jo

bs

20

19

Job

s In

du

strial M

ix Effe

ct

Nati

on

al G

row

th

Effe

ct

Expected

C

han

ge

Co

mp

etiti

ve Eff

ect

Ch

ange

%

Ch

ange

62

31

N

ursin

g Care Faciliti

es 2

,65

0

3,2

71

4

2

17

9

22

1

400

621

23%

52

42

A

gencies, B

roke

rages, an

d O

ther

Insu

rance R

elated A

ctiviti

es 3

,05

8

3,6

21

6

8

20

7

27

5

288

563

18%

56

14

B

usin

ess Su

pp

ort Services

2,5

41

3

,01

7

35

1

72

2

07

270

476

19%

21

11

O

il an

d G

as Extra

ctio

n

3,4

03

4

,32

8

43

2

23

0

66

2

263

925

27%

52

21

D

epo

sitory C

redit In

termed

iatio

n

4,4

09

4

,84

6

(12

1)

29

8

17

7

260

437

10%

52

39

O

ther Fin

ancial In

vestm

ent A

ctiviti

es

2,6

51

3

,36

0

39

0

17

9

56

9

140

709

27%

81

21

P

erson

al Care Services

3,2

55

3

,88

0

28

4

22

0

50

4

121

625

19%

72

23

Sp

ecial Foo

d Services

1,5

62

1

,84

7

67

1

06

1

73

113

285

18%

56

17

Service

s to B

uild

ings an

d D

we

llings

5,7

87

6

,52

8

25

8

39

1

64

9

92

741

13%

23

82

B

uild

ing Eq

uip

men

t Co

ntracto

rs 3

,50

0

3,9

31

1

28

2

36

3

64

67

431

12%

62

16

H

om

e Health

Care Services

2,1

99

2

,68

9

32

5

14

9

47

4

17

490

22%

62

41

In

divid

ual an

d Fam

ily Services

1,5

79

1

,86

0

18

6

10

7

29

3

(12)

281

18%

53

11

Lesso

rs of R

eal Estate

3,6

96

4

,23

2

33

7

25

0

58

7

(51)

536

15%

53

13

A

ctiviti

es Related

to R

eal Estate

3,5

80

3

,83

6

10

3

24

2

34

5

(89)

256

7%

45

29

O

ther G

eneral M

erchan

dise Sto

res 3

,99

7

4,3

28

1

60

2

70

4

30

(9

8)

331

8%

90

36

Ed

ucati

on

and

Ho

spitals (Lo

cal G

overn

men

t) 9

,97

2

10

,26

0

(21

4)

67

4

46

0

(172)

288

3%

62

11

O

ffice

s of P

hysician

s 4

,48

7

4,7

44

1

67

3

03

4

70

(2

13)

257

6%

11

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Table

3: R

egio

nally A

dvan

tageo

us In

du

stries w

ithin

the

Five-C

ou

nty R

egio

nal M

arket

(Sou

rce: EM

SI, Inc.)

NA

ICS

Co

de

In

du

strial Descrip

tio

n

20

14

Jo

bs

20

19

Jo

bs

Ind

ustrial

Mix Eff

ect

Nati

on

al G

row

th

Effe

ct

Expected

C

han

ge

Co

mp

etiti

ve Eff

ect

Ch

ange

% C

han

ge

33

66

Sh

ip an

d B

oat B

uild

ing

5,4

53

6

,57

9

(51

7)

36

8

(14

9)

1,2

74

1

,12

6

21

%

81

21

P

erson

al Care Services

10

,53

8

12

,95

4

91

9

71

2

1,6

31

7

85

2

,41

6

23

%

62

16

H

om

e Health

Care Services

6,2

82

8

,29

1

92

7

42

4

1,3

51

6

58

2

,00

9

32

%

33

11

Iro

n an

d Steel M

ills and

Ferroallo

y Man

ufactu

ring

1,6

38

2

,17

6

(13

2)

11

1

(21

) 5

59

5

38

3

3%

56

17

Service

s to B

uild

ings an

d D

we

llings

16

,54

8

18

,89

2

73

8

1,1

18

1

,85

6

48

8

2,3

44

1

4%

52

42

A

gencies, B

roke

rages, an

d O

ther In

suran

ce Related

7

,68

7

8,8

04

1

72

5

19

6

91

4

27

1

,11

7

15

%

62

44

C

hild

Day C

are Services 5

,16

8

5,9

44

3

9

34

9

38

8

38

7

77

6

15

%

33

64

A

erosp

ace Pro

du

ct and

Parts M

anu

facturin

g 1

,55

9

1,9

43

(6

5)

10

5

40

3

44

3

84

2

5%

62

31

N

ursin

g Care Faciliti

es 5

,92

9

6,7

47

9

4

40

1

49

5

32

2

81

8

14

%

21

11

O

il and

Gas Extracti

on

5

,15

5

6,4

62

6

54

3

48

1

,00

2

30

5

1,3

07

2

5%

33

12

Steel P

rod

uct M

anu

facturin

g from

Pu

rchased

Steel 1

,91

7

2,2

78

(6

3)

13

0

67

2

95

3

61

1

9%

45

29

O

ther G

eneral M

erchan

dise Sto

res 1

0,1

65

1

1,5

19

4

06

6

87

1

,09

3

26

2

1,3

54

1

3%

54

15

C

om

pu

ter Systems D

esign an

d R

elated Services

5,0

17

6

,00

2

38

8

33

9

72

7

25

7

98

5

20

%

56

14

B

usin

ess Su

pp

ort Services

4,8

21

5

,45

4

66

3

26

3

92

2

42

6

33

1

3%

72

23

Sp

ecial Foo

d Services

3,7

51

4

,40

4

16

0

25

3

41

3

24

0

65

3

17

%

62

11

O

ffice

s of P

hysician

s 1

0,8

20

1

2,1

54

4

03

7

31

1

,13

4

20

0

1,3

34

1

2%

62

13

O

ffice

s of O

ther H

ealth P

ractiti

on

ers 3

,40

2

4,0

38

2

44

2

30

4

74

1

63

6

36

1

9%

48

31

D

eep Sea, C

oastal, an

d G

reat Lakes Water

Transp

ortati

on

1

,05

0

1,3

20

4

2

71

1

13

1

58

2

70

2

6%

62

41

In

divid

ual an

d Fam

ily Services

3,7

36

4

,57

4

44

0

25

2

69

2

14

6

83

8

22

%

44

81

C

loth

ing Sto

res 4

,32

3

4,7

47

3

2

92

2

95

1

29

4

24

1

0%

52

21

D

epo

sitory C

redit In

termed

iatio

n

7,1

80

7

,59

5

(19

6)

48

5

28

9

12

6

41

5

6%

53

13

A

ctiviti

es Related

to R

eal Estate

9,6

65

1

0,7

14

2

77

6

53

9

30

1

19

1

,04

9

11

%

49

31

W

areho

usin

g and

Storage

1

,52

0

1,7

88

7

5

10

3

17

8

91

2

68

1

8%

12

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Town of Century

13

Strengths and Opportunities

the overall national economy (regional industry job growth X

national growth rate). By summing these two statistics (-502 +

358), we see that the Expected Change in the Ship and Boat

Building Industry is –144 between 2014 and 2019. However, the

actual projected employment growth for the Ship and Boat

Building Industry within the Mobile MSA is 1,094, suggesting that

the Mobile MSA provides the Ship and Boat Building Industry with

a regional advantage. This regional advantage is demonstrated by

the Competitive Effect statistic, which suggests a total job growth

of 1,238 (1,094 - (-144)). Of course, this statistic does not fully

explain what these advantages are, instead, it simply suggests that

the region may provide advantages to that industry which do not

exist relative to the nation as a whole.

Not all industries presented in each table indicate strong regional

advantages, however. Furthermore, not all industries are basic

industries (export driven), but rather many are non-basic (locally

supported), and thus not likely to present an opportunity for

Century to recruit. As such, we have highlighted those industries

we believe may provide Century with an opportunity to recruit a

basic industry.

As a cautionary note, however, more research is needed to

determine if each highlighted industry is suitable for relocating to

Century. Each industry has its own factor (land, labor, capital and

technological) requirements; as such, fully understanding each

industry’s unique requirements is necessary before any

recruitment plan is undertaken. We mention them here simply as

industries that indicate this region may provide them with certain

advantages, and thus worthy of pursuing, either as individual

industries or industries within clusters identified as having strong

linkages to the region.

Chart 1 (on the following page) more closely examines the

highlighted industries for the Mobile MSA (see Table 1). The figure

presents the average earnings per worker along the Y axis, while

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14

Strengths and Opportunities

the X axis presents the competiveness rating for each industry. The

competiveness rating (competitive effect/actual job growth) is

simply a measure of how strong the regional advantage is for a

given industry. A rating greater than 100% indicates that at least all

of the regional job growth for the given industry may be attributed

to some type of regional advantage. Moreover, the size of each

bubble indicates the level of job growth projected to occur

between 2014-2019—the larger the bubble, the faster the

industry is projected to grow.

As Chart 1 indicates, the Mobile MSA provides the Ship and Boat

Building, Iron & Steel Mills & Ferroalloy Manufacturing and the

Steel Product Manufacturing from Purchased Steel industries with

a competiveness rate of 113%, 104% and 81%, respectively.

Furthermore, these industries provide higher rates of pay, on

average, than those found in the rest of the Mobile MSA.

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

60.0% 70.0% 80.0% 90.0% 100.0% 110.0% 120.0%

Ship and Boat Building

Iron and Steel Mills and Ferroalloy Manufacturing

Steel Product Manufacturing from Purchased Steel

Regional Average Earnings per Worker

Chart 1: Mobile MSA Industry Competitiveness and

Growth 2014 - 2019

Earn

ings

Pe

r W

ork

er

Competitiveness

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15

Strengths and Opportunities

Chart 2 (on the following page) provides the competiveness ratings

for the highlighted industries (see Table 3) located throughout the

five-county region (Escambia, FL, Santa Rosa, FL, Escambia, AL,

Baldwin, AL, Mobile, AL). It is important to keep in mind that the

five-county region contains the Mobile MSA, and, therefore, three

of the six industries represented are presented here again. In

addition to these industries, regional job growth patterns for the

Aerospace Product and Parts Manufacturing, Oil and Gas

Extraction, and Deep Sea, Coastal and Great Lakes Water

Transportation industries all suggest this region provides each

industry with some degree of regional advantage. Each industry,

with the exception of Oil and Gas Extraction, maintains higher

earnings per worker than the rest of the region, on average.

Furthermore, while agriculture at the 2-didgit NAICS level is

projected to increase by only 2% over the next five years, Century

may find opportunities for development in Support Activities for

$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

0.0% 20.0% 40.0% 60.0% 80.0% 100.0% 120.0%

Ship and Boat Building Iron and Steel Mills and Ferroalloy Manufacturing

Aerospace Product and Parts Manufacturing Oil and Gas Extraction

Steel Product Manufacturing from Purchased Steel Deep Sea, Coastal, and Great Lakes Water Transportation

Competitiveness

Earn

ings

Pe

r W

ork

er

Chart 2: Five-County Region Industry Competitiveness and Growth 2014-2019

Regional Average Earnings per Worker

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Town of Century

16

Strengths and Opportunities

Crop Production and Support Activates for Animal Production

industries, which both are projected to grow by 13% and 19%,

respectively. However, these industries present only limited

opportunities as the average wage for both are well below the

regional average at $29,096 and $23,315, respectively.

Absent from this discussion are industries located within the

Pensacola MSA. Upon our examination, the only export based

industry to demonstrate a regional advantage was Oil and Gas

Extraction; for the sake of clarity, we included it in Chart 2.

However, Century may have an opportunity to capture some of

the tourism dollars that Pensacola attracts every year by

developing its historical and heritage tourism industry.

Future Land Use—Mixed Use/Commercial/Industrial. The Town of

Century’s strategy for future commercial growth will incorporate

mixed-use, infill and redevelopment principles. The Town’s

strategy will be directed to the appropriate areas with public

facilities and services that may support proposed development. In

particular, Century expects this infill or intensification to occur

along the U.S. Highway 29 Corridor between State Road 4 and

County Road 4. This area has functioned as their commercial

center since the area’s development, and will be reinforced as a

mixed-use center with a balanced mix of high quality commercial,

office, institutional and residential uses.

The 2025 Future Land Use Map provides for 214.93 acres of

commercial use as a percentage of the mixed-use and commercial

future land use categories. Based on the 2010 population (1,698),

the current ratio is 126.58 commercial acres per 1,000 residents.

This ratio includes the commercial development included within

mixed-use areas.

Based on the developable vacant land analysis, as depicted in the

data and analysis section of the Town’s Comprehensive Plan, there

are 82.13 acres of vacant mixed-use and 11.75 acres of vacant

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17

Strengths and Opportunities

commercial land, for a total of 93.88 vacant acres available for

mixed-use/commercial development.

The 2025 Future Land Use Map provides for 140.76 acres of

industrial use, including land within the Century Industrial Park and

miscellaneous parcels located throughout the Town. Developable

vacant land for industrial development includes 85.18 acres. As

such, the Town’s Future Land Use policy, as outlined in the

Comprehensive Plan, provides the Town with opportunities for

economic development.

Housing. According to the 2006-2010 American Community Survey

5-Year Estimates, the Town has a total of 814 housing units with

699 units occupied and 115 units vacant. Of the 814 total housing

units, 643 units were constructed prior to 1999. One hundred

ninety-five (195) housing units, or 24.0%, are 50 years old or older.

Of the 699 occupied units, 456 units are owner-occupied and 243

are renter-occupied. The median monthly payment for those

housing units with a mortgage is $933.00 while the median gross

monthly rental payment is $349.00. Furthermore, 65% of the

houses in Century are valued at less than $100,000.

Century faces two primary issues with its current stock of housing

units. First, many mobile and permanent dwellings are in a state of

disrepair and in need of refurbishments. Second, locating suitable

housing units within Century would be difficult if the Town were to

attract manufacturing or other industries that would bring in-

house employees within the town limits.

However, the Town’s Future Land Use Map shows there are 589.94

acres of vacant land in the Town within Future Land Use categories

that allow some percentage of residential uses. The acreage of

vacant land available for residential use in each land use category

was calculated then converted to potential residential units using

the maximum density allowed in each district, based on the

maximum allowable percentage. Century would be able to

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18

Weaknesses and Threats

accommodate 1,095 additional housing units by 2025, in the case

that densities are maximized. The Town forecasts additional dense

mixed-use areas as a result of economic development.

In considering Century’s challenges, it’s useful to assess the

Town in terms of its capacity. Community capacity can be

considered the interaction of human capital, organizational

resources and social capital that is leveraged to solve a

community’s collective problems or improve their well-being

(Marre and Weber, 2007). This capacity is a dynamic process that

may change as conditions or resources fluctuate. It evaluates

economic indicators, like entrepreneurship and the business

environment, alongside the community’s relationships with

associations, bureaucracy and the market. In using community

capacity as a framework for discussion, we can assess the

weaknesses of the Town of Century as a function of its efforts to

further develop both its community and economy.

Community Weaknesses

Population Decline. The Town of Century has experienced a slow,

steady decline in its population; since 1990, Century has declined

in population by 25%. At that time, their population was near

2,000 but had declined to approximately 1,500 residents by 2010.

The Town’s population is projected to decline by another 100

residents by 2018.

This population exodus has caused a pattern of declining economic

conditions for Century. These shifts in population have reduced

Century’s working age population, those aged 20-64, to slightly

over half its total population (53%). Many of the surrounding

counties, including Escambia County, FL, have working age

populations of approximately 60%. Century’s working age

residents are projected to decline by nearly2% over the next five

Analysis of Century’s Weaknesses and Threats to Economic Growth

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Town of Century

19

Weaknesses and Threats

years. Century’s aging population, nearly 20% of which is 65+, puts

even greater demands on the existing workforce. This

demographic is projected to increase over 2% by 2018. As Table 4

(on the previous page) indicates, the working age population for

both the ZIP code surrounding Century and for Escambia County,

FL is also projected to decrease .82% and 1.36%, respectively.

High Poverty Levels. The declining population, coupled with a

period of economic recession, did little to stop Century’s growing

poverty issue. The poverty level for all individuals within the Town

increased from 30% in 2000 to 46.8% in 2010. Similar patterns

occurred across every poverty-related statistic regarding the Town.

The number of families below the poverty level increased from

Table 4: Regional Age Demographics (Source: DemographicNow)

Century Zip Code 32535 Escambia County, FL Demographic

2013 2018 2013 2018 2013 2018

Total Population 1,502 1,406 6,474 6,318 300,984 308,041

0 - 4 7.92% 8.83% 4.89% 5.11% 6.29% 6.35%

5 - 14 13.46% 13.79% 9.44% 9.19% 11.51% 11.40%

15 - 19 7.15% 6.55% 5.56% 5.27% 7.34% 6.91%

Total 0 - 19 28.53% 29.17% 19.89% 19.57% 25.14% 24.66%

20 - 24 6.64% 7.23% 6.92% 7.10% 8.89% 8.33%

25 - 34 10.05% 9.88% 17.10% 17.38% 13.16% 13.66%

35 - 44 10.30% 9.71% 14.80% 14.42% 11.08% 10.70%

45 - 54 13.29% 11.36% 16.00% 14.72% 14.17% 12.83%

55 - 64 12.44% 12.68% 11.37% 11.75% 12.80% 13.22%

Total 20 - 64 52.72% 50.86% 66.19% 65.37% 60.10% 58.74%

65 - 74 8.90% 9.61% 7.53% 8.32% 8.09% 9.50%

75 - 84 6.60% 6.82% 4.64% 4.84% 4.75% 5.00%

85 + 3.25% 3.55% 1.76% 1.91% 1.93% 2.09%

65 - 85+ Total 18.75% 19.98% 13.93% 15.07% 14.77% 16.59%

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Town of Century

20

Weaknesses and Threats

24.5% to 43.3% over the decade.

The median household income

declined in this period by more

than $3,500. However, the group

hit hardest was overwhelmingly

single, female head of

households. Their poverty rate

has more than doubled since

2000. In 2010, the Census Bureau

reported that 80.2% of single

mothers within Century lived

below the poverty line. The

problem has become so pervasive

in Century that the area is not

eligible for certain types of

income-dependent aid, like Habitat for Humanity’s home owners

program. Unfortunately, due to income requirements, there are

too few residents of Century that qualify for the program.

No Basic Industries. The Town’s economy has struggled to attract

basic industries, which are defined as those that export most of its

product. Attracting this type of industry is necessary to bring new

capital to Century’s local economy. Alternatively, an influx of non-

basic industries, or support services, would only create a

readjustment of income and spending patterns already present

within Century. The Town’s main employers are retail trade, health

care, accommodation and food services, and public

administration. For every one worker commuting into the town,

one worker commutes outside of the Town. Taken in contrast with

nearby Pensacola’s three-to-one commuter ratio, it’s apparent

that the economic activity of Century is idle.

Low Educational Attainment. In a focus group facilitated by the

Haas Center, many of the representatives from local businesses

expressed that many local job applicants often needed more

marketable skills and training. Of those aged 25 or older in

Century, approximately 27% have less than a high school

Table 5: Poverty Rates by Group: 2000—2010 (Source: US Census Bureau)

Poverty Indicators Century 2000 Century 2010 Escambia

County, FL, 2000

Escambia County, FL,

2010

Families Below Poverty Level 24.5% 43.3% 12.1% 13.3%

Single, Female Heads of House-holds

39.6% 80.2% 34.2% 34.0%

All Individuals 30.1% 46.8% 15.4% 17.8%

Median Household Income $20,703 $17,188 $35,234 $43,806

Per Capita Income $10,412 $11,254 $18,641 $23,396

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Weaknesses and Threats

education. Only 13% of these

adults have at least an Associates

degree, (7% A.A., 5% B.A. or B.S.,

1% Graduate level). Another 18%

have some college education but

no degree, which means that at

least a third of Century’s adults

have some college education.

This data may not accurately

capture all of those who have

completed certification or

training programs. However, the

county at large has almost twice

as many adults with some

college. The education gap

highlights Century’s disadvantage in the area. A continued lack of

workforce skills and education, widespread poverty and a declining

population may have created major hurdles in attracting basic

industry to the Town.

The Loss of a Community Symbol. It seems the closure of Century’s

last public school, Carver/Century K-8, in 2009 has adversely

affected the Town’s sense of community. Many of the residents

were upset their children spent an increased amount of time

traveling to school’s outside of the area, but, seemingly, the effect

on the community has been more complex and widespread.

Without the school’s presence, after-school activities and youth

sports participation have decreased. In our resident focus group,

members of the community remarked that they had lost a symbol

the entire community could rally behind. Century’s loss of this

public institution has created a challenge in fostering new

community pride and connectivity.

Threats to Community Economic Development

Many external threats exist to Century’s development. Primarily

these concern the Town’s access to capital and resources. Many of

Table 6: Educational Attainment by Region (Source: DemographicsNow)

Educational Attainment Century 2013 Zip Code

32535 Escambia County, FL

Total Population Age 25+ 974 4,739 198,556

Grade K - 9 10.32% 7.39% 3.32%

Grade 9 - 12 16.98% 25.90% 9.33%

High School Graduate 37.59% 33.97% 28.15%

Associates Degree 7.37% 5.08% 9.98%

Bachelor's Degree 4.50% 7.23% 14.42%

Graduate Degree 1.28% 2.18% 8.85%

Some College, No Degree 18.27% 16.94% 25.10%

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Town of Century

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Weaknesses and Threats

the Town’s strategic goals are resource-dependent, which may be

threatened by tight budgetary environments. The ultimate

challenge for Century will be to find and obtain supplemental or

substitutions in funding. However, many internal threats also exist

regarding Century’s community development, which is increasingly

being viewed as a vital component to economic development.

Community Disengagement. Throughout the strategic planning

process, the Haas Center facilitated several focus groups and

Steering Committee meetings to solicit feedback from

stakeholders regarding the Town’s economic and community

development issues. The meetings were designed to generate

input from the Town’s stakeholders, including residents, local

businesses and regional economic development organizations. To

that end, the act of strategic planning should be considered an act

of social entrepreneurship.

As defined by Vanessa Ratten and Isabell Welpe, social

entrepreneurship is “the process of bringing together resources to

address a social need” (Ratten and Welpe, 2011). This process

allows the community to come together and form symbiotic

relationships in order to achieve a social goal. Social

entrepreneurship is a ground-up approach that fosters

collaborative behavior among different people and organizations

that benefit the community as a whole. Ideally, strategic planning

would give members of the community a resource and a platform

to provide input into the development process.

Asset-based community development, as described by Suzanne

Morse, focuses on the capacities of people as a resource for

potential change (Morse, 2011). This form of development

debunks the idea that “people who are poor and live in poor

neighborhoods are only clients to be served and not resourceful

community members.” Social entrepreneurship and asset-based

community development work together hand-in-hand to

constitute a successful community team who are vested in, and

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Weaknesses and Threats

excited to, implement the final plan.

While certain community stakeholders have actively participated in

the planning process, a general sense of community

disengagement as been observed. While the community meetings

attracted varying amount of participation, the Steering Committee,

assembled to help devise the plan and consisting of a diverse set of

community stakeholders, held a series of planning meetings which

were focused on shaping the vision, goals and objectives of the

strategic plan. However, these were only attended by the Town’s

consultants, economic development professionals, leaders in

education and the Mayor. None of the residents who agreed to sit

on the committee attended these planning meetings, despite their

invitations and regular outreach via e-mail. While involvement in

the planning process was a clear priority for certain stakeholders,

the lack of community participation presents a challenge for the

plan’s implementation.

Any act of social entrepreneurship, like the strategic planning

process, ideally involves diverse members of the community

actively participating in the development and implementation of

solutions to community problems. As such, the strategic planning

process was a chance to build social capital (i.e. trust) between

groups in a community that seems divided by larger social issues.

In our opinion, community disengagement presents a very real

threat to the Town’s economic and social development.

A Reliance on Grants. Century has found success in recent years

with acquiring grant funding through state and federal channels;

however, as both sources of funding are dependent upon the

budgetary conditions of the day, they need to be considered as

supplemental capital. A serious threat to Century’s development is

its perceived reliance on grant and loan funding. These types of

funds should still be pursued for designated projects, but the Town

must explore other strategies of generating revenue and attracting

capital. Of course, the strategic plan currently under development

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Town of Century

24

Weaknesses and Threats

will assist with this problem; but until basic industries are recruited

to the area, the Town’s reliance on grants will continue to pose a

threat to economic development.

Declining County Services. Century has also struggled with

declining county services in the area, both perceived and actual. As

previously mentioned, the Town’s primary school, Carver/Century

K-8, was closed in 2009. Those students were transferred to Bratt

Elementary and Ernest Ward Middle School. In our resident focus

group, many participants reported to us that this change created

extra stress and travel time for their families.

In the same year, the Escambia County Tax Collector closed their

offices within the Billy G. Ward Courthouse complex. The Clerk of

the Court office, also in that building, has been considered for

closure more than once. In 2011, the only hurricane shelter within

the Town was transferred to Northview High School, nine miles

away. Additionally, the area’s county health department has

relocated and the dental clinic was merged with the Molino

branch. Many of these changes consolidated Century’s services

with others located in Northern Escambia County.

County officials reported that if they kept offices and schools open

in Century, they would have been placing scarce resources in

locations that would be under-utilized and over-funded. The

population decline has created a vicious circle of problems for the

Town. As the population declines, services become under-utilized

and funds are redirected. While the reallocation of county services

away from the Town was a decision based on fiscal realities, the

loss of these services presents a threat to a community that

already suffers from high levels of poverty.

Irregular Public Transportation. As County services continue to

relocate, the lack of regular public transportation places an

additional burden on the Town’s residents who may not have

access to reliable transportation to these new locations. The

Molino office of the tax collector, for example, is 20 miles away

from the heart of Century. The ECAT, Escambia County Area

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Town of Century

25

Weaknesses and Threats

Transit, system only provides three stops within Century: at

approximately 6 am, 12 pm and 6 pm. This makes the location of

county services all the more inconvenient for Century’s resident’s.

Limited Broadband Access. The loss of county services is

exacerbated by unreliable broadband Internet access. Many

residents and business leaders reported in our focus groups that

they either had no access or very limited access to the Internet.

Although many of the county’s services can also be utilized via the

Internet, the broadband footprint may not be sufficient to solve

the problem left behind by the county’s declining presence. It

seems promising that this issue may not remain a challenge for

long. Pensacola State College, Century Campus recently reported

connecting to the Southern Light Fiber network, which suggests

that the access and footprint in the area is growing. Nonetheless,

the distance between Century and other locations still presents a

challenge for those residents that may never adapt to using the

Internet for e-government services.

Furthermore, while Brighthouse provides DSL Internet access to

Century, the lack of a modern broadband infrastructure may be an

obstacle in recruiting certain industries. Although, Southern Light

Fiber is at Century’s doorstep, continued expansion of its fiber

footprint may need to be encouraged to assist in industry

recruitment efforts.

Funding for Staff Positions. The lack of resources may pose another

threat if the Town loses current funding for its economic

development staff position. In 2013, Century obtained a grant to

hire a part-time economic development agent. However, the Town

could lose the funding for this position just as the agent would

ramp up implementation of the Town’s strategic plan. Staffing, in

general, remains a challenge for the Town. Achieving the strategic

plan’s goals without additional staff could put a heavy burden on

current fiscal and human resources.

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Town of Century

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Conclusion

Conclusion

This report has detailed the findings from our SWOT analysis.

The Town of Century has several key elements of infrastructure

already in place that may assist with economic development. The

Town is ideally placed near highways, the Interstate system, a rail

line, and marine ports. The community has invested heavily in an

Industrial Park and expanded its sewer and water infrastructure.

Our analysis has identified several key basic industries that have a

competitive advantage in the region. Century’s greatest potential

for economic development lies in its ability to leverage both its

regional assets and its proximity to nearby urban centers.

However, Century still has many challenges to overcome. In

tandem with its population decline, the Town has experienced

many demographic problems including high poverty, a declining

labor force population, low levels of education and declining

county services. Century’s demographics, coupled with irregular

public transportation, a limited broadband footprint, a seemingly

disengaged populace and severely limited resources suggest that

community development, in conjunction with economic

development, must be a priority for the Town.

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References

References

Marre, Alex and Weber, Bruce (2007). Assessing Community

Capacity in Rural American: Some Lessons from Two Rural

Observatories (Working Paper No. 07-02). Retrieved from

Rural Poverty Research Center: http://www.rupri.org/Forms/

WP07-02.pdf.

Morse, Suzanne (2011). Communities Revisited: The Best Ideas of

the Last Hundred Years. National Civic Review, 100 (1), 8-13.

Polèse, Mario (2009). The Wealth and Poverty of Regions: Why

Cities Matter. Chicago: University of Chicago Press.

Ratten, Vanessa and Welpe, Isabell (2011). Special issue:

Community-based, social and societal entrepreneurship.

Entrepreneurship & Regional Development, 23 (5-6), 283-286.