Gilbert Edition - February 2020

GILBERT EDITION

VOLUME 2, ISSUE 6  FEB. 26MARCH 24, 2020

ONLINE AT

The American College of Sports Medicine has surveyed tness professionals to determine industry trends for the coming year. Here are the number of gyms that opened in 2019 that are operating now with such oerings. trends Top fitness for 2020

Between 2010 and 2018, the rate of new jobs created in Gilbert, 21.74%, exceeded the rate of new residents entering the labor force—any eligible resident age 16 years or older. This means more Gilbert residents were able to work in the place they live, with approximately three-quarters of all jobs coming from employers with ve or more employees. SOURCES: ESRI, ARIZONA LABOR STATISTICS, MARICOPA ASSOCIATION OF GOVERNMENTS COMMUNITY IMPACT NEWSPAPER New jobs in Gilbert keeping up with labor force growth

150,000

150,000

+19.34%

120,000

120,000

90,000

90,000

8

9

High-intensity interval training

Group training

60,000

60,000

4 10

5

Personal training

Free weights

30,000

30,000

+21.74%

Wearable technology

Personal units can be incorporated in any setting

0

0

2010 2013 2018

Gilbert demographics

189,339 2019 adult population

$95,766 2019 median income

12 gyms opened in 2019

Fitness industry drawn toGilbert demographics Gilbert is undergoing a boom in physical t- ness gymnasiums and studios opening, with at least 12 starting business in town in 2019 and more on the way in 2020. Many of those are smaller “boutique” studios, which one national expert said may have trou- ble surviving in the long run. But their oerings run along the top national trends in the tness industry, particularly high-intensity interval training, or HIIT, and group tness settings. Industry data indicates Gilbert is ripe for such businesses. Market Potential Index num- bers from data analytics rm Esri indicate there are more Gilbert residents who typically CONTINUED ON 16 BY TOM BLODGETT SOURCES: ESRI, AMERICAN COLLEGE OF SPORTS MEDICINE HEALTH & FITNESS JOURNALCOMMUNITY IMPACT NEWSPAPER

Inux of new jobs follows ongoing town trend The announcement of an expansion of Northrop Grumman’s Gilbert campus is the most recent jobs growth news in town. (Rendering courtesy Northrop Grumman) Since 2010, full-time employment has grown faster than labor force

BY TOM BLODGETT

In the past six months alone, three companies headquartered outside the region have announced plans to expand their footprint locally or open a Gil- bert location, which could lead to more than 1,100 new jobs in the coming years. The recent news fromNorthrop Grumman, Deloitte

Gilbert’s history as a small agricultural hub leads many outsiders to brand the town a “bedroom com- munity” for Phoenix. But data indicates town ocials have made strides in recent years to balance the residential real estate boom with jobs that keep residents in Gilbert.

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IMPACTS

DEVELOPMENT UPDATES

SUNDUST GALLERY & STUDIO NICO HEIRLOOMKITCHEN 11

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