rosewater ranch
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Elizabeth Peterson<br />
Comprehensive Program Plan<br />
Strategic Programming Directions<br />
In 3-5 years, Rosewater Ranch plans to start by planning weddings and birthday parties.<br />
After each year, we anticipate a 20% growth rate per year. Within 3 years, Rosewater will<br />
move into the corporate meeting market segment. Within 5 years, we expect<br />
Rosewater’s event business to be comprised of 50% weddings, 35% other gatherings<br />
such as birthdays and other parties and 15% corporate events.<br />
Rosewater Ranch is located 8 miles outside of Martaindale, Tx, just east of San Marcos,<br />
Tx and the Austin-San Antonio Corridor that runs 74 miles along Interstate 35. The area<br />
is currently facing explosive growth and is thought to become the next DFW metroplex<br />
of Texas. Currently the corridor, which is comprised of 13 counties, has a population of<br />
4.27 million. By the year 2013, the area’s population is expected to grow by almost 34%<br />
to a population of 5.71 million.<br />
Rosewater Ranch is ideally located almost directly in between Austin and San Antonio,<br />
therefor being able to pull in clients from both cities. Additionally, it is only 2 ½ hours<br />
from Houston, which would add an additional 5.6 million to the population count.<br />
Therefore, Rosewater Ranch is currently within easy driving distance for 9.87 million<br />
Texans, or approximately 3.5 million households. It is estimated that 28% of those<br />
households have an annual income of $150,000 or more. (www.bls.gov) Since<br />
Rosewater’s events range from medium to high-end luxury events, it is believed that<br />
potential clients number close to one million within the Austin, San Antonio, and<br />
Houston triangle. (www.lawnstarter.com) See “Exhibit A”<br />
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