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Home My WebLink AboutWorkshop Power Pointa A • Over 50 Years of Economic Development Success Economic development through industrial expansion Industrial park development Retention, expansion, recruitment of industry Entrepreneurial support Undertake and support initiatives to enhance economic development , z A private, not - for - profit corporation with a mission to foster the industrial development of the Oshkosh area Created over 50 years ago to solve a problem in our community - and still going strong A public/private partnership Working with Local Businesses - City of Oshkosh - rvTC - OAEDC - UW Oshkosh - Winnebago C.kgEJL� S For more businesses to start here, come here, stay here and grow here, which means more high quality jobs expansion of the tax base, which in turn drives economic prosperity for us all 30+ member Board of Directors, representing: local industry Representatives from Bemis, Oshkosh Corporation, WPS, 4imprint government City manager, director of community development, mayor, county executive, airport director education UWO Chancellor, FVTC Oshkosh Campus President banking Leaders of local financial institutions - M81, US Bank, Chase Bank, Citizens First Credit Union economic development partners Chamber, OAEDC Industrial businesses, new a existing Considering a building expansion Considering a new facility Purchasing machinery or equipment Training employees Considering a new business venture Considering starting or buying a business I w r : # g Y 2 Person Staff: Elizabeth Hartman Licensed attorney with over 10 years of business and real estate transaction expertise Nancy Jo Dietzen Licensed real estate broker with 15 years experience in commercial Et industrial real estate Confidential consultation and advice Project analysis What is necessary to get the deal done Expertise obtaining financial and non - financial resourcE Federal, state and local financial assistance Over $45MM in financial assistance secured for our clients in our history Featured Examples: Marvel Manufacturing, Renewegy Matching the right people to the project Featured Examples: Baldor Generators, RIE coati=. E �1i ° i;s Expertise with site and building selection and real esti transactions Chamco is a licensed broker and has a licensed broker on st with significant commercial real estate experience, as well an attorney with real estate and business expertise Serve as the agent for sale of land in the industrial parks Over 1000 acres of industrial park land sold in our history Relationships with commercial brokers in the area "In the know" Featured Examples: 4imprint, Ad, Inc. ri Advocate Help clients navigate approval processes Support applications and requests Advocate for the project, the client, an initiative Featured example: Oshkosh Corporation Undertake and support initiatives to enhance d Capital Access Aviation Business Park City Redevelopment Areas � a Creative programs and solutions Spec Buitding Program Utilized 19 times in our history Build or buy a building for a client Client pays sheltered lease rate for 5 -10 years (usually 30% bet market) and purchases at our cost to acquire or construct, real gains in appreciation, built in equity at lease end with little or capital in Buildings we built have a current assessed value of S32MM A few of our clients: Curwood /Bemis, Pioneer Metal Finish Steel, SNC Manufacturing, Valley Express Featured Example: UWO /Cub Foods ;,rt . 'ul ` ',a n Completed more than 500 projects for clients needing assistance Sold over 1000 acres of industrial park land Created $32MM in tax base from the industrial building program alone Secured $45MM in financial assistance to support job training, equipment purchases and expansions AD Inc's President Howard Hoth relied on Chamco because "Chamco provides sound advice, is knowledgeable about available facilities and land and has provided assistance even when it wasn't related to a Chamco program. Working with Chamco has always provided positive results." 'We look to Chamco when we are faced with challenging issues presented by business growth. Chamco knows how to solve problems through its own expertise or by bringing in the necessary resources ", said Baldor's Vice President/General Manager, Jeff Hubert.. W "Chamco has a reputation for being a good partner. The staff is very professional and knowledgeable. We know we will get service when we need it ", said Jay Manufacturing's Vice President/COO Matt Jameson. "Chamco has been a true partner, " states Robert G. Bohn, Oshkosh Corporation chairman and former CEO. 'They are very connected to the resources that businesses need. Chamco is the go -to organization for grow initiatives." Mike Floyd, president and CEO of Continental Girbau says "Chamco was instrumental in helping secure the land for the new facility and if you are thinking about expanding, seeking pro building a building, Chamco is the place to go. Oshkosh Corporation UWO /Cub Foods Renewegy Ad Inc. Marcoe Recycling Aviation Development Group Capital Access Group . °t Projects for clients Work with partners to develop working model for angel fund and begin raising money Update industrial park covenants Work with partners to acquire land for Aviation Business Park Market newly available land in SWIP once new expansion area complete Understand our strengths as a community and capitalize on them Build and enhance relationships and partnerships Foster a community environment friendly to entrepreneurs, young professionals and business Remind everyone that Oshkosh is a great place to live, work and do business! rx� Continue Active Participation in: ORIGIN Aerolnnovate Business Retention Program Winnebago County Industrial Development Board FVTC Advisory Board UWO Chancellor's Council of Advisors Thank You! CEO Et General Counsel ehartman@chamco.org Vice President of Development Services njdietzen @chamco. org Chamco Inc 120 Jackson Street - Oshkosh, WI 54901 920 - 212 -9786 Oshkosh Area Economic Development Corporation (OAEDC) Rob Kleman Executive Director, Oshkosh Area Economic Development Corporation (OAEDC) (920) 303 -2265 ext. 14 robO- oshkoshcham ber.com Oshkosh Area Economic Developm • Foster Entrepreneurship (ORIGIN) • Grow Capitalization and use of OAEDC RLF • Drive New Business Attraction /Nbrketing . Promote Universal Business Park Growth • Drive Existing Business DevelqDment Efforts as Encourage High Wage /Family Sustaining Job Growth • Encourage Downtown Business Growth e 20 year BID /OAEDC Relationship • Assist City with Downtown Redevelopment/Action Plan • Engage in Workforce Development Initiatives as Engage in Regional Partnerships t History 1 1978 as a 501c4 private non - profit economic development Economic Development Am of the Oshkosh Chamber of Commerce Purpose To provide eeo nomlc day lcpmmt progra mmIn to en hence the economic climate In the Oshkosh area T teand at it in • slness n the Oshkosh area growth and dev lopment of to c.mmwclel • To assist vAth downtovm rev ltellzeton/redevelopment erfons 30 member Board of Directors Staffing • Primary Funding • EzecWive Director • Oshkosh Chamberof Commerce • Economic Developmard Ma neper • D--- Oshkosh Business • Downtown BID Manager • Improvement District D) ne • Support Staffthro ugh Oshkosh Chamber • Land Sala COmmissicns lCity) Private Investments Location- Oshkosh Chamber of Commerce Entrepreneurship • OAEDC Coordinates Oshkosh Regimal Innovation and Growth Incubator Network (ORIGIN) . 16 partners • Access to capital • Physical incubator • Joint prospect meetings • OAEDC assists over 100 business s;krtups arnually as OAEDC coordinates Entrepreneur's Connection Event • Hosts 200 attendees annually • Oshkosh /Fond du Lac 1 Revolving Loan Fund • ON Revolving Loan Program (RLF) • Foster growth of commercial businesses in Oshkosh • $200,000 Private OAEDC Fund rme • Fod in 2003 via fundraising efforts Oshkosh Chamber 1Msoonsin Department of Canmerce Local Financial Institutions Other private Contributors • • $25,000 in incentive based financing • Leveraged $ 4 Million in investments • Created or retained 146 jobs • Favorable terms • Loan recipients: 2009 Murrays, Crescent Moon • 2010 McCarthys Custom Footwear, Benvenuto's, Others Cranky Pat's, Apple Blossom Books, • Downtown MicroLoan Program — Art Haus; Soiree Urban Gifts, LLP: Lakeshore Coffee Company, Inc. OAEDC Marketing Activities • Trade Shows (ICSC, Indevelopment) • Targeted Direct Mail /Telemarketing • Sales Calls • Advertising • Promotional Materials • Chamber Website • Radio Shaw • Building and Sites Database • ESRI Data Analysis • Regional Marketing Partnerships Other Incentives • Winnebago County RLF & CDBG Loans • COMMERCE Tax credits • COMMERCE Loans • FVWDB Training Funds • Midwest Disaster Area Bonds • Recovery Zone Facility Bonds • Developer Assistance Grants shkosh Economic Development arketinQ Group • Chamber • Regional Planning • OAEDC Authority • Chamoo • Airport • FVTC • Regional • UW Oshkosh Department of Commerce Office • Workforce Development • Winnebago County • WPS • Towns • New North. Inc. 2 Universal Business Park • City owned development • Opened in 1993 • OAEDC has sold 42 of the50 acres available. • Total tax base of almost $19.5 million • Land sale proceeds to the City of nearly $2.2 million • Average per acre price of $52,110 • Home to over 40 tvsinesses • 16 Class A office buildings. • Over 136,000 square feet of space • Since 2007 • Land sale revenue to the city of $438,000 • Added $8 million to the City's tax base forever Universal Business Park 2010 Project • CitizensFirst Credit Union Corporate Headquarters Expansion �_`'" .,. • 37,600 sq. ft. • Dermatology Associates of Wisconsin (Dr. Katz) • 8,717 sq. ft. offices P Park Retention Program • OAEDC Coordinates Prograr • 108 retention visits made since 2007 • Volunteer Committee • OAEDC and Chamco board member calls • Early Warning System— Identify at -risk Companies • Existing Businesses h a community are responsible for up to 80% of employment growth • Regional Partnership • Newrep Executive Pulse Program 3 OAEDC /BID Relationship • 20 year partnership • Provides professional management to BID • OAEDC Downtown BID Manager Maureen Lasky • BID Grant Program • Marketing - Beautification • Communication • Special Events Assist City with Downtown Redevelopment/Action Plan • 1. Public Plaza — Opera House Square • 2. Riverside Park — Leach Amphitheater • 3. Convention Center Expansion /Upgrade • 4. N. Main Street Streetsc ape/ Facades • 5. Pioneer Drive Downtown BID Grant • Business must be located within the BID • Leveraged over $3 million in private investment • Over 283 jobs created or retained • 4 to 1 Match • Reimbursement Grant • Grants available ranging from $100 - $10,000 for businesses $195,000 since 2003 _ $21,000 distributed in 2010 Fat Mama's, Apple Blossom Books, Old Oshkosh Saloon, Art City Signs Gran Opening Eve s � F a� 4 Oshkosh Convention Center • $2.8 million renovation completed in 2009 • In 2009 • Hosted 105 events in 2009 • Open 218 days River Walk N. Main Street Construction — Downtown Oshkosh • Complete Reconstruction of N. Main Street • Main Street Bridge to Irving Ave. • Completed Fall of 2010 • New Street, Infrastructure, Sidewalks, Lights, Benches, 100 New Trees, Banners • Project Budget is $6.6 Million 5 Pioneer Drive Area Commercial Construction $90,000,000 - — Total New Construction: Commercial 2005 2006 2007 2006 2 009 2010 Oshkosh $16,542,200 $60,889,100 654,737.800 677,866,300 382.376.100 $19,204,000 Appleton $M,995,800 $22,839,800 331,+66.400 646, $68,600 6+8, $61,800 $",840,900 Green Bay $47,686,900 $",362,600 $31,545,400 $28,673,800 $37,899,000 69,799,600 Fond du Lao $12,8",6" $+4,854,600 $14,331,300 $26,402.600 $+1,398,700 $14,866,500 Neenah $ 13,538,200 $36,336,800 $4,830,000 $7,079,600 $13,818,000 $21,009, $6D Regional Partnerships • New North • Newrep • 41 Corridor Partners • Fox Valley Workforce Development Board (FVWDB) • Wisconsin Economic Development Association (WEDA) Total New Construction: Commercial $90,000,000 - — - - $80,000000 $70,000000 S60,000,000 Oshkosh N $50000000 Appleton G een Bay a $40.000.000 G Fond du Lw $50000000 f — Neenah t $20.000000 $10,000000 $D 2005 2006 2007 2008 2009 2010 Veers 9 Unemployment Rates Commercial Development in • 1930 Building Permits Issued • 575 Commercial Permits Issued • 250,000 square feet new construction • $19 million in value • 252 new incorporations in 2009 . 36% increase over 2008 • 39,000 People Employed in City of Oshkosh .......... Commercial Development in • 2058 Building Permits Issued • 970 Commercial Permits Issued • 400,000 square feet new construction • $60 million in value (includes UWO) • 39,234 People Employed in City of Oshkosh • Business Week named Oshkosh "Best Place to Raise Your Kids" in Wisconsin in 2010 7 New Openings in Oshkosh • Benvenutos Italian Grill • Blue Agave Southwest Grill • Cobblestone Inn • Sonic Drive-in€ • Mahoney's lVifl✓ • Gardina's ��- • Dublin's Irish Pub Y' • Murray's Irish Pub • Best Buy os ST Boat Yard r;tt., .r V1f Opportunities in Oshkosh • South Shore Redevelopment District • Granary • Pioneer • Former Miles Kimball Site • Riverfront sites • Boat Works • Jeld -Wen site • Marion Road Redevelopment Sites • Riverfront- Bayshore • 41 Corridor Aviation Plaza Sears Grand Market Fair • Landmark Plaza • North Side . Fair Acres Current Project Summary • 175,000 Sq. Ft. UW- Oshkosh Academic Building • 37,600 Sq. Ft. CitizensFirst Corporate Headquarters • 26,000 Sq. Ft. FVTC Training Center • 18,000 Sq. Ft. addition to EAA Hangar • 14,400 Sq. ft. Morton Pharmacy • 8,717 Sq. Ft. Dermatology Associates • 7,300 sq. ft. Accu- Com Otfices • 5,000 Sq. Ft. Schenk Business Solutions • 5,000 Sq. Ft. Herling Clark • 300 Seat Benvenuto's Italian Grill — Landmark Plaza • 300 Seat Blue Agave restaurant - Horizon Outlet Mall • Sonic of Oshkosh • The Rivers WYN.i �'tzrir�rJ. M. EASTERN FOX RIVER CORRIDOR Pioneer Drive Area Pioneer Drive Area I a Pioneer Inn Site iR Bayshore Cottages Aviation Plaza 11 Market Fair Fair Acres 12 Renewegy Miles Kimball r Marvel Manufacturing Increasing Access to Capital ORIGIN Business Retention Program Annual Progress Report e point Economic Development Marketing