Lowcountry Economic Network's Focus Groups for Economic Development - Presentation Transcript
Target Industries For Economic Development Presented by Kim Statler Executive Director Lowcountry Economic Network
How do we define economic development?
Capital investment
How do we define economic development?
Capital investment
Quality jobs
How do we define economic development?
Capital investment
Quality jobs
Diversified development that sustains the overall local economy
Identified Target Industry Areas
Knowledge-Intensive Business … “Can be anywhere”
Identified Target Industry Areas
Knowledge-Intensive Business … “Can be anywhere”
Aeronautics and related support businesses
Identified Target Industry Areas
Knowledge-Intensive Business … “Can be anywhere”
Aeronautics and related support businesses
Green Industry
Identified Target Industry Areas
Knowledge-Intensive Business … “Can be anywhere”
Aeronautics and related support businesses
Green Industry
Logistics and Distribution
Knowledge-Intensive Business
CareCore National
45,000 square feet in Buckwalter Place
More than 200 jobs
Knowledge-Intensive Business
Knowledge-Intensive business, what we know:
The knowledge-intensive sector pays wages better than the state average.
Simple but adequate office space is a must.
* From April 12, 2008 edition of Forbes
Knowledge-Intensive Business
Knowledge-Intensive business, what we know:
Incentives task force will try to tailor programs to these businesses
* From April 12, 2008 edition of Forbes
Knowledge-Intensive Business
They could be anywhere …
Knowledge-Intensive Business
They could be anywhere … but they chose here
Knowledge-Intensive Business
They could be anywhere … but they chose here
Quality of life is a critical component to attracting business to the Lowcountry.
Executives can see themselves living and raising a family here.
Aeronautics
Marine Corps Air Station Beaufort
Aeronautics
MCAS Beaufort, what we know:
More than 1,000 local military personnel have transitioned out of the air station since March 2006, including almost 400 with significant aircraft maintenance training.
Featured in Fall 2008 issue of SCANA’s INSIGHTS
Aeronautics
MCAS Beaufort, what we know:
More than 1,000 local military personnel have transitioned out of the air station since March 2006, including almost 400 with significant aircraft maintenance training.
The Lowcountry has access to about 10,000 former military members within a 50-mile radius.
Aeronautics
MCAS Beaufort, what we know:
More than 1,000 local military personnel have transitioned out of the air station since March 2006, including almost 400 with significant aircraft maintenance training.
The Lowcountry has access to about 10,000 former military members within a 50-mile radius.
Military retirees have the skill set needed to transition to the high-tech and precision industry.
The Future is Green
LEED certification on the rise
The Future is Green
LEED certification on the rise
LEED certification verifies that a building meets the highest green-building standards.
The Future is Green
LEED certification on the rise
LEED certification verifies that a building meets the highest green-building standards.
There are more than 1,500 LEED certified commercial projects in the country, accounting for more than 186 million square feet of commercial space.
The Future is Green
What we know about Going Green:
The Future is Green
What we know about Going Green:
Green building goes hand in hand with the Lowcountry’s quality of life.
The Future is Green
What we know about Going Green:
Green building goes hand in hand with the Lowcountry’s quality of life.
There are more than 450 U.S. Green Building Council accredited professionals in South Carolina, including 25 in Beaufort County.
The Future is Green
What we know about Going Green:
Green building goes hand in hand with the Lowcountry’s quality of life.
There are more than 450 U.S. Green Building Council accredited professionals in South Carolina, including 25 in Beaufort County.
The Technical College of the Lowcountry has received a grant to create a ‘green’ construction certification program.
Logistics and Distribution
Jasper Port/Growth of Savannah Port
Logistics and Distribution
What we know:
Jasper Port will be able to support “Panamax” ships coming through Panama Canal
Logistics and Distribution
What we know:
Jasper Port will be able to support “Panamax” ships coming through Panama Canal
Port of Savannah was the fourth-largest and fastest-growing port in the U.S. in 2007.
Logistics and Distribution
What we know:
Jasper Port will be able to support “Panamax” ships coming through Panama Canal
Port of Savannah was the fourth-largest and fastest-growing port in the U.S. in 2007.
Companies are expressing interest in crossing river instead of moving farther back from Savannah
Logistics and Distribution
Existing workforce needs to retool
LEN Pilot Workforce Project to “up-fit” skills of existing workforce
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