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HomeMy WebLinkAbout_Industrial Park Land and Marketing Workshop 5:00 p.m. 10/5/2018 Industrial Park Land and Marketing October g, 2oi8 5:00 PM W C;ty, G R E A T E R C7shkosh O S H KrS H Opp= Agenda • Introductions. • City Manager Goal: • Work with staff to do a current inventory of the city owned Industrial and Business park land. What is the status of the land is it shovel ready. How many sites do we have? Then work with staff GOEDC,Realtors,and chamber to develop aggressive marketing plan to bring in more companies and work on business expansion. • Current Inventory. • Strategy. o' Marketing. • Economic Development Incentives. 1 10/5/2018 Industrial andSminess Park-Zone '• .;- ®urm na�rmncorm, 3v3 Ae•9• -wee.r i.a.sro-oxusr z.es..«.r ':'N -euaaew Pox D.- op erne I 17 i e, i O tkosh f City-Owmec Industrial and _ Business Park Inventory = - - - rr North ..._ ..._, Northwest induslridi -- — r lndu5lrfal _ ?ark Northlndush1ol: 0.0 Pork - — Northwest Industrial: 107.5' _, U i — s Soulhwest InduslriaC 326.5 Aviation Industrial: 13.3 1 � universal Business: 17.4 Avmlion BUsine55: 21.8 Totcd: 486.5 Shovel Ready 2 _. Southwe5t t _NO Industrial r -YES Park 1, Avlotlon Industrial L { Park •84.1 Acres nal in city � — Aviation —: Business A r.-smr lfnwersol 1 �. - gid.�„ � 12 Business Pak CJshkash Pork 2 10/5/2018 Shove l-Ready.City-Owned Industrial and Business Park Inventory N-11 � ' Norfh Northwest ndushial ' Industrlai —r Park '4c;nn IfnauStroaa: u:u Park Northwest Industrial; 414 Souftrvvest Industrial: 75.6 Aviation Industrial: 3.9 Universal Business: 17.4 Avlolion Business: 2L8 t fatal: 118.7 - So uthwest Industrial — k - Pork Avlallan.! � — —_ Industrial) 1 Pork ,I yy Bwkation ` sm� ne5 Universal Park$ ' gym �ShkxJ6F1 Park SWIP & UBP City_-_Qwned Industrial and Business Park Inventory ILI ¢ to �� -}C 14 SoulhweiP .� I -'vC i d Indus frfruI Park. / Southwest Industrial Park ;r,tNrr eo.�. `:?o-i AVL . r — 517awel-Reddy: 75-6 ._ .— - ....�.... t Sho FR 9 — - � � � No we eady: 250 • r i 1ln[versal$Lysin ss Park Shove]-Ready: 17,4 Not shovel-Ready; G.Q Shovel Ready NO _ ....... ,J,].:'-.. ...-... � �. .» . `.. _., YES Business i I , O]hkosh 3 10/5/2018 City-Owned Aviation Industrial arnd - Business Park Inventory f j W41.KAIJ AVE. 1�, ........... Aviction Indus#nal Park n•:i:rir,-� Shovel-Reac#y: 3.9 ' inrl��siri;a Not Shovel-:Ready: 9.4 F^rk: Ca Avla}ipn Business Park q� L! -- Shovel-ReppY 21.8 Not$hovel-Ready: Or, T gid; Shovel Ready __ '� hL •I _ RIP PLE Av... Nn F — — -- - YES lr A a` r Avlahanr' 1 Business Pork u _ City-Owned_Alorthwest Industri Pa rk I nve nto ry � . . Northwest Industrial Park Northwest Shovel-Ready: 0.0 Park Not Shovel-Ready: 107.5' r 1 W.FfRNAU AVE. / Shovel Ready 7 w NO YES .............. 81.4 Acres not in city j, W.PACKER AVE. 4 10/5/2018 "Shovel ready" sites New North - Gold Shovel certified - completed for the Aviation Business Park. WEDC - Certified site program - requires about $40,000 in outside professional review fees. Matrix of land, prices, amenities Business/Industrial Land Prices Comparison Number of Regonal Access to Major Access Direct Airport City-owned parks Price Roadway Acres Utilities TID Storm Water to Rail Runway Access Available Pond Oshkosh Aviation13—in—P-1, S35,000/acre I-41 n.8Acres Yes TID z6 Yes. No Wittman Airport Universal Business Park S2.5o/sq.ft. I-41 r7 Acres Yes No No No No Northwestlndustrial Park S26,000/acre I-41 -7 A— Yes No No Yes No Aviationlndustrial Park 526,000/acre I-41 3.9 Acres Yes No No No No Sourhwestlndusaial Park-South of Railroad $z6,000/acre I-41 76 Acres Yes TID ui Yes Yes No Southwestlnd— ial Park-Northof Ra b—d $35,000/-1 I-¢i zg Acres Yes TID 23 Yes/No Yes No (including Clark Hill 76 acres) 5 10/5/2018 Greater Oshkosh EDC Strategic Plan 2018-2020 • Vision:The Greater Oshkosh area and Winnebago Countywill build upon its strong economic base of existing industries,diversify the economic base by encouraging new industries,and improve the regional quality of life. • Initiatives: • Business Retention&Expansion G R E A T E R 1L • Workforce Development O S H K T S H • Entrepreneurial Growth • Targeted Industry Development Business Retention & Expansion • Up to 8o%of all new jobs are created by businesses already in the community. • Existing businesses invest in and are invested in their locations;they are more likely to have an interest in the common good of the location than a new investor. • Developing an economic growth strategy that considers existing businesses allows you to develop a competitive advantage. • It is easier for support institutions(schools,colleges,etc.)to respond to existing business needs than anticipate needs of new firms. • Focusing the bulk of your efforts on attracting new investment is a higher risk lower reward policy as few businesses relocate—still necessary but has less reliable results than BR&E. • Existing businesses and their success and happiness is the best advertisement for Oshkosh to lure in new firms and develop economic clusters. • BR&E,though not a cure all,is a key pillar of a local economic growth strategy. 6 10/5/2018 What Companies Are Telling Us... • A local manufacturing company with ioo+employees has 15 openings,raised their wages twice in 2oi8 already and is now turning down new business. • A local business owner heard that we were actively recruiting a large company to Oshkosh and expressed concerns that we are potentially bringing in companies that will hire large amounts of people when our current employers are struggling to find workers. • A seasonal company that is generally open for Spring, Summer and Fall is closing for the Fall season because they are unable find the workers that they need. Site Selection • Site Selection magazine surveyed 72 industry consultants about what they viewed as key motivators for companies seeking new locations,which were as follows:workforce; transportation infrastructure;availability of sites and buildings;state and local tax structures;and incentives.In terms of competitiveness of regions,respondents favored the Sunbelt and the Midwest. • Another poll,conducted by Area Development magazine, revealed that half of those surveyed said they planned to open a new facility within five years.The Deep South and Midsouth led as prime locations for 39 percent of the respondents;14 percent would choose the West;n percent opted for the Mid- Atlantic states;and 9 percent favored the Midwest. Source:Robertson,Lisa."Availability of Talent and Transportation Options Helping Drive Corporate Relocations in the U.S.Southeast."URRANLAND,io/z4/2-8. 7 10/5/2018 Greater Oshkosh EDC Clusters • Manufacturing • 300 companies with nearly 25,000 employment • Exporting • Aviation • DoD Grant,Aviation Business Park, AeroInnovate,Drones • IT • Wave Robotics • Potential Tech Conference City Niches • Rail access. • Aviation. • Heavy Industrial. • Accessibility to I-41. 8 10/5/2018 Business Retention & Expansion Account management - over iso contacts annually. WATCO and transload site. Aviation -tenants. • DOD contract - Maintenance, Repair and Overhaul, and Additive Manufacturing. Finding workers for existing jobs. • Talent Takeoff I - Menominee Nation Arena. • Talent Takeoff II - EAA Airventure week-long event. Marketing Property Search/RFI Statistics (2oi8) • Proposals & Responses Marketing Activities 9 10/5/2018 Property Search/RFI Statistics • Total Searches:38 • Requests for Existing Buildings:30 • Requests for Sites:16 • Total Properties Submitted:233 • Total Buildings Submitted:123 • Total Sites Submitted:no • Total City-Owned Sites Submitted:45 • Searches Completed For? • Business Attractions:25 • Existing Businesses:13 • Contacts on Broker List:129 Proposals THE NEXT WIMMARD CHAPTER OF THE OSHKOSH STORY Milo PROPOSALjuxVALLEYpR BASKETBALL DEVELOPMENT LEAGUE - 10 10/5/2018 RFP Response - Example SITE SOLAR:yy rcrc. SOLAR PANEL MANUFACTURING FACILITY 50 AR-Contin Lied 4nscm x`R�sx RFI Response - Example 11 10/5/2018 DevelopOshkosh Website 001k., Develop Oshkosh In El WelcomeADMW Osekah.acne M,shop xeh b—Ielelf 6e-,,db-1 holh ind—r,: -d corm val Ge+euVr^Prrt 9 pd,. de bgn pW_aae awxat a sei M Gas:[y—wft reparung cr^.1—al y—&.lcprrarl prnleu un��mei lS:a!ted s.-WB' 2+luw5a UN rzpre—l-wn resp WMsa[mis:r:'. w taloa bftl ljp plan requve0lo cnryralk mP❑avalopmaM(n'nla[tamE anxxnr any�dmn:a:nn '- Wesl0.a+saWulilwrduess Example Site ;l Develop Oshkosh e�El Industrial ew ssmn.�. &,—C^ xa� s�mn:rn wvs exYowly:wrs Acrx urNcasea�uisdo:eon trxnpLin WIB)u s�m�mcLry cry %radrv:C,ry EYc.4rii�:VYYa 12 10/5/2018 -step plan required to complete the development project and answer any remaining ut the process tabs after additional information regarding zoning,pemniffing,inspections,assessing, _— fees associated with the project hkosh owns multiple sites ready for development in redevelopment areas,.residential the Universal and Aviation&usmess Park,as we4I as the South,Southwest,and ustrial Parks-Please contact the City of Oshkosh Community Development aeparhrient -- 55 for more inlormation. Redevelopment Opportunity property options throughout the city,region.and state please rasd Locate Wisconsin for listings,pricing;and contact arding current development opportunities. maU ar V H Qshkoch re R 'S f7 -o••,o, cew lO� n omro � Klrn tact the Greater Oshkosh-Economic bevelooment flshkosfi � �. to receive more information regarding development c�•k� T wa�kau tics: T �i s in the City of Oshkosh 0 i. hitei0r kw.uJ Ave Officer of Greater Oshkosh Economic Development au� ca — Pceken P.__. Go 9k P�rk e 920-234-3321 aeydeaezo+aww< *rmearue< �roen<mm<.e s - Locate InWisconsin pert O .. - l..�...X11..�.. A- bIrl 13 10/5/2018 Industrial & Biz Parks - Website 0 S H K*)S H ........... INDUSTRIAL AND BUSINESS PARKS , 1,,,,,1.......... ind,16.1 A,' -k.I nii.IHero I. .1..,;—.1,11% 1;,,,J, rkmg;I nd 11.!de«clriprnrnl polo:.. 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GbL31'3T'.xr ad'.4aAwx; R]Ix FA.VInaI51MY eFi1.L rue Pere:Ptt9r•> .r5a':CPW& FEATURED PROPERTY: z• f. 2.78 Acres In the -� Southwest l ndustrfaf Park y qi Ire Ute ofL hM1I and sIc[ ed n T[:;DaN+.H t InduAnal^ark on IM rnmer.V CaYkif P.-'k TM ,u17es's'21 is l lex�n' ` Ik'Au3lnal h II _..,.I�.L� dq canr„em 1Z r;sAar� Advertising AFFORDABLE AND ACCESSIBLE A CITY READY FOR SHIPPING ACITYFE- F TAKEOFF rAKoFF STARTS IN OSHKOSH I I 18 10/5/2018 Aida Advertising Investing In the Future Advertising 19 10/5/2018 InDevelopment Conference O� $H 2016 2017 22O18 State of the City QS d v Y. ,A 2016 iOAHF5H 2017 22O18 20 10/5/2018 Economic Development Incentives Grant-writing. • Funding for: Industrial/Business Park, Redevelopment sites, Transload facility, Riverwalk segments. Total 2010 to 2oi8: $11,408,000. Tax Increment Finance Policy. Updated in 2017. Economic Development Incentives Revolving Loan Fund Capital Catalyst 21 10/5/2018 Other Incentives? Land write downs. Create TIF inside existing Industrial Park TIFs - incentives for investment and job creation. Change Industrial and Business Park development standards. Conclusion Shovel-ready sites. Current economic development strategies and marketing activities. Economic development incentives. Other economic development incentives. 22