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One-Stop Economic Development

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Presentation by Karen Pollard, CEcD, EDP on local economic development to the New Hampshire Commercial Investment Board of Realtors & Affiliates at the Quarterly Meeting held in Portsmouth, NH on June …

Presentation by Karen Pollard, CEcD, EDP on local economic development to the New Hampshire Commercial Investment Board of Realtors & Affiliates at the Quarterly Meeting held in Portsmouth, NH on June 10, 2011.

Published in: Real Estate, Business, Technology

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  • MetroNECTA = Metro New England City and Town Area (statistical area)
  • Transcript

    • 1. One-Stop Service Community Economic Developers in Practice New Hampshire Commercial Investment Board of Realtors Quarterly Meeting June 10, 2011
    • 2. Changing Roles
      • ED is in flux, roles are being redefined
      • Old methods are no longer effective
      • Community and business priorities have changed
      • In NH, each community is going to handle ED differently
      • Look for training & professional alliance
    • 3. Strategic Research
      • Strategic Plans, Master Plans
      • Target Industries
        • Composite materials
        • SMHT manufacturing
        • Back office
        • Retail & hospitality
      • Development Districts
      • Recent or future activity
      • Leads & prospects
      Rochester Harley Davidson Granite Ridge Development District
    • 4. Show Me the Numbers
      • Give information freely
        • “ What Would Google Do?”
      • Be Honest!
      • Community Profile
      • Retail Analysis
      • Competitive Analysis
      • Response to RFI’s or Criteria Lists
      • Online proposal system
        • Fastest accurate response possible
      Granite State College Relocation & Expansion Brady Sullivan Technology Park
    • 5. Sample RFI Info Terrific source of community data: GIS, utilities, traffic counts, future developments, approval process, etc.
    • 6. Sample RFI Info
      • RFI RESPONSE
      • Location Data
        • Aerial view
        • Tax map
        • Accurate size, survey data
        • Ownership data
        • Tax assessment data
      • Visibility
      • Zoning
      • Sign height restrictions
      • Utility capacity: water, sewer, electricity, digital
      • Listing agent, price
      • Traffic data
        • Traffic counts on all roads: highway & local
        • Distance to Interstate
        • Signalization into site
      • Population counts
        • 5 mile radius
        • Daytime population
      • Complete demographics package
        • Per capita income
        • Median household income
      • Extras we provided:
        • Complete Retail Analysis
        • Turnpike construction data including schedule for completion
        • Developer’s Handbook
    • 7. Permits & Approvals
      • What permits are needed?
        • Coordination
        • Facilitation
      • How long does each take?
        • Timelines
      • When does it “go public”?
      • What are the “hot spots”?
      • Who are the “hot heads”?
      Developer’s Handbook Maps Out the Process
    • 8. Is My Community Sexy?
      • Marketing pieces, PR
      • Neighborhoods & Corridors
      • Events, activities
      • Competitiveness
      • Maintenance Issues
      • Accessibility
      • Rochester Downtown Open House
      Rochester Main Street Downtown Sidewalk Sales Calendar of Events at www.rochestermainstreet.org
    • 9. Downshifting – Who Really Pays?
      • Competitiveness between communities
      • Uncertainty in business environment
      • Local incentives can make a difference
        • CDBG
        • Sign & Façade Grants
        • Small Business Loans
        • NH Revitalization Zones
        • Tax Increment Financing
        • Development Districts
      Downtown Open House & Owner’s Incentives Breakfast June 4, 2011
    • 10. Case-Study: BR&E
      • Techniweave 1983
      • GSBP move 1999
      • Albany Engineered Composites 2007
      • Expansion 2008
      • Expansion 2009
      • Relocation of HQ 2010
      • Expansion 2011
      • Expansion 2012
    • 11. What Did Rochester Do?
      • Visit, ask questions
      • Learn about the industry
      • Identify their potential
      • Keep visiting (regular contact)
      • Bring visitors (ie. Mayor, CM)
      • Be responsive
      • Appreciate their contributions
      • Make expansion easy
      • Deliver results
    • 12. Headquarters Relocation
      • Heart of the Company
      • Growth Potential of the Division
      • Personal Attention by Top Executives
      • Center of International Action in Aerospace Composites Industry!
      • Some back office functions still in NY (for now)
      CEO Joe Morone & Governor Lynch Announcement October 15, 2010
    • 13. Manufacturing Expansion
      • Relocate “legacy” from MA
      • Research & Development
      • 112 Airport Dr 131k sf
        • 200+ employees
      • 216 Airport Dr 192k sf *HQ
        • + employees (300+/-)
      • TBD construction in 2012
      • Operational 2013
        • + employees (200+/-)
      • Employees after intense growth phase – 700+
      • Related developments
    • 14. Why Rochester?
      • Workforce
      • Training & Educational Facilities
      • Research Partners
      • Regional Amenities
      • Proximity to Air Travel
      • Cost of Living, Housing
      • Friendly Business Environment
      • Welcoming Host Community
    • 15. Time to Deliver Again
      • Support relationships at State of NH
        • Training Programs, Grants
        • Community College support
        • University support
      • Council will visit in Summer
        • Tax Increment Financing District
        • NH Revitalization Zone
        • Foreign Trade Zone
        • Expansion of Infrastructure: road, water, sewer
      • Ongoing relationship building
      • Open lines of communication
    • 16. Contact Info & Many Thanks
      • Karen Pollard, CEcD, EDP [email_address]
      • Economic Development Manager, City of Rochester
      • www.ThinkRochester.biz
      @RochesterEDC