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Camden County Green Industrial Park: A Feasibility Study

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Camden County Green Industrial Park: A Feasibility Study March 13th, 2008 * * * * * * * * * Briefly describe our role on the team. We ll look at financing options ... – PowerPoint PPT presentation

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Title: Camden County Green Industrial Park: A Feasibility Study


1
Camden County Green Industrial Park A
Feasibility Study
March 13th, 2008
2
Introduction
3
The University of North Carolina at Chapel Hill
Desired Outcomes
  • Participants understand what the study team
    considers the basic concepts underlying
    development and operation of green industrial
    park.
  • Study team understands local perspectives on what
    values, goals, concerns and resources would be
    relevant to such a park operating in Camden
    County.

4
The University of North Carolina at Chapel Hill
Agenda
  • 900 Convene
  • 920 Basic concepts and assumptions
  • 1020 Break
  • 1030 1st concurrent session
  • 1120 2nd concurrent session
  • 1210 Working lunch
  • 115 Wrap up
  • 130 Adjourn

5
The University of North Carolina at Chapel Hill
Meeting Ground Rules
  • Begin and adjourn on time.
  • Listen attentively.
  • One speaker at a time.
  • Stick to task and topic.
  • Share the floor.
  • It is OK to disagree please do so respectfully.
  • No confidentiality.

6
Overview
7
The University of North Carolina at Chapel Hill
Green
8
The University of North Carolina at Chapel Hill
We spell green with three Ps.
  • People, Planet, Prosperity

9
The University of North Carolina at Chapel Hill
Industrial Park
10
The University of North Carolina at Chapel Hill
Key Components of Study
  • What types of businesses might thrive in an
    industrial park in Camden County?
  • What are the economic, social and environmental
    impacts of such businesses?
  • How would Camden County or participating
    businesses pay for such a park?

11
The University of North Carolina at Chapel Hill
The Fourth P Place
12
The University of North Carolina at Chapel Hill
This Workshop and Beyond
  • We will be speaking to you,
  • and we are also listening.

13
Environment
14
The University of North Carolina at Chapel Hill
Environmental Analysis
  • Purpose
  • Assess likely impacts of green industrial park in
    Camden County.
  • Identify technologies, building designs and
    practices to reduce those impacts.
  • Establish benchmarks to measure environmental
    performance, e.g., energy use per square foot of
    building space.

15
The University of North Carolina at Chapel Hill
Industrial Parks
  • Three main types
  • Traditional
  • Green
  • Sustainable or Eco-industrial

16
The University of North Carolina at Chapel Hill
Traditional Industrial Parks
  • Assemblages of land for locating uses such as
  • Office
  • Manufacturing
  • Warehousing
  • Newer business parks consist of a mix of high
    tech offices, shops and services, with higher
    densities and walkable town centers

17
The University of North Carolina at Chapel Hill
Green Industrial Parks
  • Similar to traditional industrial park, but
    include
  • Green materials and design - recycled materials,
    avoid sensitive areas (e.g., wetlands), small
    footprint, use natural light, etc.
  • Green operation - reduced water and energy use,
    recycle wastes, reduced stormwater runoff,
    alternative energy
  • Green firms - manufacturer of solar collector,
    recycled products, energy efficient lights

18
The University of North Carolina at Chapel Hill
Green Distribution Center
  • Sturtevant, WI
  • Nations largest green warehouse
  • 550,000 square feet on 38 acres
  • Within 390-acres business park
  • Owner is planning a 3.5 million square foot,
    green industrial park in Minooka, IL

19
The University of North Carolina at Chapel Hill
Sustainable Industrial Parks
  • Networking of complimentary firms - Industries or
    firms interact rather than operate in isolation
  • Industrial symbiosis - Materials produced by one
    industry are consumed as inputs by another
  • Benefits - Reduced energy and materials use

20
The University of North Carolina at Chapel Hill
Current Status
  • Over 100 sustainable industrial parks planned or
    built worldwide
  • Mostly in China, Europe, and United States
  • Worldwide, success as common as failure
  • Failure seems more common in US
  • Examples
  • Kalundborg, Denmark
  • Cape Charles, VA

21
The University of North Carolina at Chapel Hill
Kalundborg Eco-Industrial Park
  • Network of Firms or Agencies
  • Biotech
  • Oil refinery
  • Coal-fired power plant
  • Plasterboard manufacturing
  • Town of Kalundborg
  • Soil remediation
  • Fish farm

Photo by UN Environment Program
22
The University of North Carolina at Chapel Hill
Kalundborg, Denmark
23
The University of North Carolina at Chapel Hill
Cape Charles, VA
  • Sustainable Technologies Park Planned from 1995,
    opened in 2000, closed 2005
  • Strength
  • Active participation from citizens
  • Cooperation between all levels of government
  • Weakness
  • Failed to attract enough industries

Only building built and remaining
24
The University of North Carolina at Chapel Hill
A Green and Sustainable Park
  • Principles
  • Building design - minimize material and energy
    use
  • Support services - water recapture and reuse,
    recycling, co-location of buildings
  • Business type preference for firms linked to
    green technologies
  • Surrounding uses integration of other uses,
    e.g., housing and retail

25
Economic Development
26
Why Economic Development?
  • Unsustainable/undesirable status quo
  • Higher wages for county residents
  • Economic diversification
  • Tax base expansion
  • Resident retention
  • Replacement of prospective lost tax base and jobs
    from proposed landfill

27
Task One Demographic and Economic Scan
The University of North Carolina at Chapel Hill
The University of North Carolina at Chapel Hill
  • Thorough description of numerous economic and
    demographic trends affecting Camden County
  • Population
  • Income and Wealth
  • Education
  • Employment
  • Business Climate
  • Quality of Life

28
Task Two Targeted Industry Clusters
Characterization
The University of North Carolina at Chapel Hill
  • Industry clusters consist of interdependent
    business sectors that trade among themselves.
  • C3E has defined 45 national industry clusters for
    studying a regional economys strengths.
  • Concentrations of employment and firms in
    industry clusters shows competitive advantage.
  • Cluster understanding enables targeting of
    industry sectors, geographies and even specific
    companies for attraction and development.

29
The University of North Carolina at Chapel Hill
30
Camden Key Findings
The University of North Carolina at Chapel Hill
  • Good high school graduation rate (31st)
  • Household income ranks 8th
  • Low poverty rate
  • Low unemployment
  • Skilled workforce
  • Limited industrial sites

31
The University of North Carolina at Chapel Hill
32
Camden Key Findings
The University of North Carolina at Chapel Hill
  • Employment a mixed picture
  • 2,146 in-county jobs
  • 23 govt (17 NC)
  • 1,655 private jobs - retail and construction
    sectors dominate
  • Growth in education (training) employment due to
    Blackwater
  • Wage structure
  • Household income ranks 8th
  • In-county jobs weekly wages rank 17th
  • Jobs in county pay less than state average in
    most sectors
  • 76 of residents out-commute (NCs 25)

33
The University of North Carolina at Chapel Hill
34
The University of North Carolina at Chapel Hill
35
The University of North Carolina at Chapel Hill
36
The University of North Carolina at Chapel Hill
37
The University of North Carolina at Chapel Hill
38
The University of North Carolina at Chapel Hill
39
The University of North Carolina at Chapel Hill
40
Camden Prospective Cluster Targets
The University of North Carolina at Chapel Hill
  • NENC and Hampton Roads share industry clusters
    that offer development targets
  • Information services
  • Financial services and insurance
  • Aluminum products (ship building)
  • Metal products
  • Health services
  • Business services

41
SHR/NENC Regional Clusters
The University of North Carolina at Chapel Hill
The Carolina Center for Competitive Economies
(C3E)
Kenan Institute for Private Enterprise
42
NENC Clusters
The University of North Carolina at Chapel Hill
43
Key Economic Development Factors
The University of North Carolina at Chapel Hill
  • Whats Needed
  • Good business climate with relatively low
    property taxes
  • Skilled resident population
  • Available land and sites
  • Adequate wage structure
  • Good air transport access (Norfolk and Currituck)
    and improving highway infrastructure
  • Proximity to economic engine

44
Camden Next Steps
The University of North Carolina at Chapel Hill
  • Cluster Analysis Green Industrial Park
  • Characterize the population of firms in the
    targeted clusters suitable for location in a
    rural county such as Camden.
  • Determine the percentage of clean, dirty, and
    renewable energy oriented industry sectors within
    each clusters which might be suitable for a green
    industrial park.
  • Develop a list of targeted prospects suitable for
    location in a green industrial park and a list of
    targeted prospects suitable for other Camden
    locations.
  • Suggestions for improvements to attract these
    prospective targets.

45
Finance and Governance
46
The University of North Carolina at Chapel Hill
Finance and Governance
  • Capital Financing Options
  • Ownership/Governance Options
  • Preliminary Cash Flow Scenarios and Models

47
The University of North Carolina at Chapel Hill
Facility Components
  • Land
  • Building
  • Infrastructure
  • Offsite
  • On-Site

48
The University of North Carolina at Chapel Hill
Capital Financing
  • Pay-As-You-Go
  • Debt
  • Bonds
  • Installment Financing
  • Partnerships
  • Grants

49
The University of North Carolina at Chapel Hill
Diverse Public Funding
  • Economic Development
  • Economic Development Administration
  • NC Rural Center Infrastructure Economic
    Development
  • NC Commerce Department Programs
  • Rural Community Development
  • 21st Century Community
  • Tier 1 Designation under Article 3J Tax Credits
  • Golden Leaf Community Assistance Initiative
  • Environmental
  • Department of Energy Block Grant Program
  • Clean Water Management Trust Fund
  • Renewable Energy Tax Credits

50
The University of North Carolina at Chapel Hill
Governance County/Municipal
  • Local Government Line Department
  • Anson Co.
  • Washington Co.
  • Economic Development Commission
  • Bladen Co.
  • Sampson Co.
  • Independent Nonprofit Organization
  • Alamance Co.
  • Henderson Co.

51
The University of North Carolina at Chapel Hill
Governance Regional
  • Council of Governments
  • Regional Economic Development Partnership
  • Interlocal Cooperation
  • Kerr-Tar Regional EDC
  • North Mecklenburg Industrial Park

52
The University of North Carolina at Chapel Hill
Sample Case Studies
  • Kerr-Tar Regional Mini Hub
  • North Mecklenburg Industrial Park

53
The University of North Carolina at Chapel Hill
Kerr-Tar Regional Mini-HUB
  • Four Counties (Granville, Franklin, Warren,
    Vance) sharing costs/revenues from regional
    economic development
  • Project includes four technology parks spread
    across region
  • Innovative interlocal agreement
  • 5 million raised in seed funding to initiate
    project

54
The University of North Carolina at Chapel Hill
N. Mecklenburg Industrial Park
  • Three towns (Cornelius, Huntersville, Davidson)
    sharing costs/revenues from industrial park
    project
  • Management by the Lake Norman Regional EDC
  • Towns shared 4 million construction cost based
    on population
  • Tax revenues shared on same basis

55
Break followed by Concurrent Sessions
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