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Frederick County Office of Economic Development 2015 Annual Report

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Frederick County Office of Economic Development 2015 Annual Report

  1. 1. 2015ECONOMICDEVELOPMENTANNUALREPORT WHEREBIG IDEASGROW FREDERICKCOUNTY,MARYLAND
  2. 2. ADRIVINGFORCE ASTRAZENECA/MEDIMMUNE AstraZenecaisundergoinga40,000SF,$200Mexpansionthatwilladdanadditional300 employeestotheiralready595strongworkforce.Theprojectisexpectedtobecompleted bymid-2017. CARROLLCREEKPARK The$15.8Msecondphaseofconstructionwasunderwayin2015forCarrollCreekPark.Morethan $100Minnewandrenovatedprivateconstructionisplannedalongthenewsection,whichwill eventuallyresultinhundredsofnewjobsandincreasedlocalandstatetaxrevenues. CREST TheFrederickCountyCenterforResearchandEducationinScienceandTechnology(CREST)was createdtosupportFrederick’sgrowingSTEMindustries.InMay2015,GovernorHogansigneda billcodifyingCREST’sgoverningboard.CRESTwillserveastheCounty’sregionalhighereducation centerwithasolefocusinadvancedscience,technology,engineeringandmathematics. DOWNTOWNHOTEL&CONFERENCECENTER TheDowntownHotel&ConferenceCenterisacatalyticeconomicdevelopmentprojectandatop economicdevelopmentpriority.The$64Mprojectwillfeaturea207roomfull-serviceMarriott Hotelwithon-siteparkingand24,000SFofmeetingspace,includingtwoballrooms. COMPARISONS COMPARISONS COMPARISONS C FrederickCountyiswherebold, innovativecompaniesturnbigideas intoeconomicprosperity. ThemissionoftheFrederickCountyOfficeof EconomicDevelopment(OED)istoincreasethe overalleconomichealthofFrederickCountythrough attractingnewbusinessesinourtargetedindustries andhelpingexistingbusinessesbecomemore successful.Wearethecatalystforeconomicgrowth inFrederickCounty. ACOMMUNITYEVOLVED * DATA REFLECTED IS THE MOST RECENT DATA AVAILABLE. · MarylandPublicSchools graduationrates hits recordhighof86.4%.FCPSgraduationratewas evenhigherat92.6%. · MovotoRealEstatenames Frederickas the#5Most CaringSuburbinAmerica.AYEAROFECONOMICSUCCESS JANUARY
  3. 3. DOWNTOWNINNOVATIONCENTER TheframeworknecessarytoestablishaDowntownITbusinessincubatorat118N.MarketSt. beganwhenOEDmovedtothebuildinginMay2015.InpartnershipwiththeFrederickInnovative TechnologyCenterandprivateindustryrepresentatives,thegoalistocreateanatmosphereof innovationandspurITbusinessgrowth. FLYINGDOGBREWERY AsMaryland’slargestcraftbrewer,andheadquarteredinFrederick,FlyingDogannouncedinterestin 2015toexpandby150,000SFandadd250employees. FORTDETRICK FortDetrick,theCounty’slargestemployerwith9,000employees,isacriticaleconomicengine.The2015 MarylandMilitaryInstallationEconomicImpactStudy,measuredtheeconomicimpactofmilitaryinstallations onthestate’seconomy.Utilizingbase-specificpayroll,procurement,visitorandotherspendingfromFY 2008-FY2012,thestudyfoundthatFortDetrickcontributed$7.0Bor13.5%,the3rdhighestinthestate. Additionally,$63Minexpansion/recapitalizationprojectsoccurredonFortDetrickin2015. WESTVIEWAREAGROWTHCORRIDOR TheWestviewareasawthemostcommercialgrowthin2015,withthenewretailandhotelconstruction. Ripewithcommercialopportunities,includingWestviewSouth,a100-acremixedusedevelopment, TheOfficesatWestview,200,000SFofprimeofficespaceandtheRussellProperty,104acresthatcan supportmorethan400,000SFofflexandofficespace.WedgewoodSouthoffersadditionalhigh-bay warehouseandflexspace.InJune,GovernorHoganannouncedfundingtosupporttheMD85/I-270 interchange,a$110Mprojectandthe#1transportationpriorityintheCounty. COMPARISONS COMPARISONS COMPARISONS COMPARISONS COMPARISONS AllroadsleadtoFrederickCounty. WithinanhourfrombothBaltimoreand Washington,D.C.,1/3oftheU.S.population iswithinaday’sdrive.Asthelargestcountyin Maryland,itisalsohometothesecondlargestcity inMaryland,theCityofFrederick.Intersectedby fiveinterstatesandnationalhighways,Frederick istheNorthernanchoroftheI-270Technology Corridor.Threemajorairportsarewithinan hour’sdrive:Baltimore-WashingtonThurgood International,RonaldReaganNational,andDulles International.Businessessoarhere. · ExecGardnerrestoredthename ofOED,reinstatedsupportforagriculture andestablishedaBusinessIndustryCabinet. · 1st FrederickCountyMinorityBusiness VisionForumheld. · OEDwonthemarketingawardfromtheMDEconomicDevelopment AssociationforPRFrederick. · CanamSteelhonoredforcontributions inMDmanufacturingbyRMIinfront of600people. COMPARISONS MARCH MAY
  4. 4. MILESTONES MILESTONES FREDERICKHOMEGROWN FrederickCountyhasbeenharvestingrevenuesinagriculturelonger thananyotherindustry.Thefutureofagricultureishereandadvances intechnology,agritourismandthebuylocalmovementareleading thecharge. FREDERICKCOUNTYIS#1INTHESTATEOFMARYLANDFOR: » VALUEOFSALESFROM:cattleandcalves,milkfromcows,othercropsandhay » NUMBEROFACRESFOR:forage-landusedforallhayandhaylage,grasssilageandgreenchop, cornforsilage » TOPLIVESTOCKINVENTORYITEMS:turkey,cattleandcalves,hogsandpigs » LEADINGTHEWAYINWINE,HOPSANDSPIRITS:firstmeadery(OrchidCellarsMeaderyand Winery),firstcidery(DistilleryLaneCiderworks),firstfarmbrewery(MilkhouseBreweryat StillpointFarm),largestwinery(LinganoreWinecellars/BerrywinePlantations),firstfederally designatedgrapegrowingarea(LinganoreViticulturalArea) In2015,OEDbegantheworktodevelopHomegrownFrederick.com,awebsiteandbrandto combineresourcesforagriculturalproductsandagritourismharmoniously.Afterthestateof Marylandlegalizedmedicalcannabisin2013,OEDworkedtowarddefinitionsforgrowingmedical cannabisinag-zonedland. MILESTONES · FredericknamedaTop10BestPlace toLive PostMilitaryLife byThe MilitaryTimes. · OEDexhibitedatBIO2015toover200,000worldwide attendeesinthe life scienceindustry. · Livability.comnamedFrederickaTop10BestPlacestoLive inAmerica(#32). ECONOMICSTRENGTH * DATA REFLECTED IS THE MOST RECENT DATA AVAILABLE. MILESTONES MILESTONES · OEDhonoredtheCounty’s Best Places toWork:AntietamTechnologies,NASW AssuranceServices (ASI),Nymeo,AstraZeneca JUNE JULY
  5. 5. · MoneyMagazinenamedUrbanaaBestPlacestoLive inthe U.S. · FrederickCountyCouncilpassedthe Commercial Industrial BusinessTax Credit formanufacturers. · 2ndeditionofHomegrownFrederickwas producedbyOEDandFrederickMagazine. MILESTONES FREDERICKENTREPRENEURISM FrederickCountyiswherestart-upsgotomaximizeresourcesand potential.Byworkingwithourpartners,wehelpgetbusinessesup andrunning. It’snosurprisethattheFrederickofficeoftheSBA’sSmallBusinessDevelopmentCenterwasthe busiestsmallbusinessdevelopmentofficeintheregionfor2015. SMALLBUSINESS DEVELOPMENT FY11 FY12 FY13 FY14 FY15 BusinessStarts 5 7 8 12 14 JobsCreated 13 21 22 47 76 LoanDollars $100K $428K $429K $3.9M $1.2M TheWomen’sBusinessCenter,inpartnershipwithOED,wasestablishedin2015tosupport Frederick’swomen-ownedbusinesses.TheWomen’sBusinessCenterhosted16eventsand counseled19women-ownedbusinesses. In2015,OEDestablishedtheMainStreetManagersRoundtabletorecognizetheCounty’sunique positionwithfiveMarylandMainStreetcommunities.OEDledaShopDowntownmarketing campaigndesignedtoencouragepeopletoshoplocallyandshopsmall. STATISTICSGATHEREDDURING2015BUSINESSAPPRECIATIONWEEK 100CompaniesParticipating•3,665Employeesrepresented MILESTONES MILESTONES COMPARISONS ROADMAPFORBUSINESS OEDhelpedmakenavigatingthe businessstart-upprocesseasierwith aRoadMaptosuccess. 1 7 8 6 ROADMAP FORBUSINESS START-UP BUSINESS RESOURCES 1. Develop a Business Plan • Small Business Development Center www.discoverfrederickmd.com/sbdc | 301-600-1967 • Frederick County Public Libraries Business Resource Center provides market research information www.fcpl.org 301-600-1630 • Women’s Business Center www.marylandwbc.org/ 301-315-8091 • SCORE Frederick Chapter free counseling www.scorefrederick.org | 240-215-4757 2. Choose a Business Structure • U.S. Small Business Administration www.sba.gov • For information about registration requirements for legal entities, contact the State Department of Assessments and Taxation (SDAT) www.dat.state.md.us | 410-767-1340 3. Consider Business Incentives and Financing • Small Business Administration (SBA) Loans www.sba.gov/content/sba-loans • Maryland Department of Commerce commerce.maryland.gov • Frederick County Small Business Loan Guarantee Program www.discoverfrederickmd.com | 301-600-1058 • Neighborhood Business Works Loan Program in Sustainable Communities www.neighborhoodrevitalization.org/programs | 410-514-7237 • Façade Improvement Grants and local incentives - administered by municipalities and Main Street Maryland organizations. • OED Job Creation and Property Tax Credits www.discoverfrederickmd.com | 301-600-1058 4. Register your Business Name, Verify the Right to Use the Name and Establish Tax Accounts • State Department of Assessments and Taxation (SDAT) and the Maryland Comptroller’s Office Central Business Licensing and Registration Portal egov.maryland.gov/easy 5. Get a Federal Employer Tax Identification Number (EIN) • Internal Revenue Service (IRS) www.irs.gov | 410-962-2590 6. Obtain Business Licenses by Business Type • Traders licenses are administered by the State of Maryland at the Frederick County Courthouse Clerk of the Circuit Court 301-600-1962 • Regulatory Licenses for industry specific licenses, as required – Maryland Division of Occupational and Professional Licensing http://commerce.maryland.gov/start/licensing • Frederick County Health Department oversees all food service 301-600-1029 • Frederick County Liquor Board administers alcohol licenses 301-600-2984 • Additionally, check your local municipality to see if a local business license is required. 7. Explore Options for a Business Location • Showcase.com, powered by CoStar, allows the public to search through some advertised properties for free or to upgrade to have complete access to all listings. • Loopnet.com allows the public to conduct basic searches for free or upgrade as a Premium Subscriber for more comprehensive services. • OED provides comprehensive CoStar reports for available properties as well as business incubator and shared office space information www.discoverfrederickmd.com | 301-600-1058 8. Obtain Proper County and Local Permitting and Zoning Approvals • Businesses, including home-based businesses, are subject to County or municipal zoning restrictions. Determining zoning requirements before signing a lease or contract is imperative. www.frederickcountymd.gov/175/Zoning-Atlas • If your business is located in the City of Frederick or the Town of Mount Airy, contact them directly for permits. • City of Frederick Building/Permits One Stop Shop 140 W. Patrick St., Frederick, MD 21701 www.cityoffrederick.com/index.aspx?NID=214 | 301-600-3808 • Town of Mount Airy County Permits Department 225 North Center St, Room 118, Westminster, MD 21157 www.mountairymd.org/zoning-and-permits | 301-829-1424 • For all other areas, submit a Zoning Certificate/Building Permit application in person at the Frederick County Department of Permits and Inspections located at 30 N. Market St. Frederick. Applications are accepted Monday-Friday from 8:00am to 3:00pm. www.frederickcountymd.gov | 301-600-2313 • Additional Plumbing, Electrical or other permits may be necessary depending on the scope of your project. • Additional applications for Sign permits are necessary depending on the jurisdiction. • Once approved, the County will forward to the local municipality if the location is in a municipality. Municipal approval is also needed. 9. Prepare for Employees • Maryland Insurance Administration insurance.maryland.gov | 410-468-2000 • Frederick County Workforce Services provides assistance with hiring and training www.frederickworks.com | 301-600-2255 • Information on state requirements for hiring employees – Maryland Division of Labor and Industry www.dllr.state.md.us/ labor/emplaws.shtml | 410-767-2241 • Social Security Administration provides guidance on withholding Social Security and Medicare taxes and reporting employees’ annual earnings www.ssa.gov 10. Next Stop: Success • There are other resources to consider as you open for business such as banking, marketing and sales. To discuss your project further, please call OED at 301-600-1058 for assistance. Frederick County, Maryland Office of Economic Development (OED) 118 N. Market Street, Frederick, MD 21701 301-600-1058 | www.discoverfrederickmd.com AUGUST SEPTEMBER
  6. 6. FREDERICKINNOVATION GreatthingshappeninFrederickCountywithoutstandingcompanies whorisetothetopoftheirindustries.Weinvestinourworkforceand rewardinnovation. OEDANNUALBUSINESSRECEPTIONAWARDWINNERSINEMERGINGTECHNOLOGIES » PatriotTechnologies–recognizedbyCybersecurity500asoneoftheWorld’sHottest CybersecurityCompaniesin2015. » AmericanAssociationforLaboratoryAccreditation(A2LA)–theonlyindependent,non-profit, internationally-recognizedlaboratoryaccreditationbodyintheU.S. » Welocalize–recognizedforthe11thconsecutiveyearasanInc5000Fastest GrowingCompany. » RoosterBio,Inc–startingasanincubatorcompany,theirstemcellresearchisleadingthe wayinstemcellmanufacturing. » GlamourViewFarm–blendstechnologyandagricultureinnewwayswithrobotics. POWEROFMANUFACTURERS Recognizingthatinnovationinenergysavingsinmanufacturingisanationaltrend,OEDhostedan eventformanufacturers,inpartnershipwithPotomacEdison,onenergyresourcesandprograms. StulzAirTechnologySystems,amajoremployerwith400employees,added230,000SFofsolar panelsin2015. FREDERICKCOUNTYBESTPLACESTOWORKAWARDS Winnerswerechosenbasedonemploymentsize,mediansalary,turnoverrate,benefits, leaveoptions,charitablecontributions,professionalgrowthopportunities,diversityand sustainabilitypractices. » Small(1-10Employees)–AntietamTechnologies » Medium(11-50Employees)–NASWAssuranceServices(ASI) » Large(51-200Employees)–Nymeo » Major(200+Employees)–AstraZeneca FREDERICKPEOPLE FrederickCountyisaplacewithwell- educatedandhighly-skilledpeople. In2015,FrederickCountyWorkforceServices (FCWS)joinedwithOEDtotakeadvantageof businesspartnershipsandmaximizeresourcesfor businessesandworkersalike. TRAININGFREDERICK’SITAND MANUFACTURINGWORKFORCE BootCampforManufacturerslaunchedin2015 asaresultofstrongtiesbetweenOED,FCWS, FCC,astaffingagencyandthemanufacturing community.Theprogramgivesunemployedor new-to-manufacturingworkersfreetrainingand employmentpossibilities. TechFrederick,aninformationtechnologygroup forFrederickbusinesses,inpartnershipwithOED andFCWS,wasawardedaStateofMarylandEARN granttotrainITcandidatespursuingcareersinthe field.ThefirstCrossFunctionalTrainingwasheld in2015andattheendoftheyear-longprogram, graduateswillbegiveninterviewswithlocalITfirms foremploymentconsideration. MINORITYBUSINESSOUTREACH TheFrederickCountyMinorityBusinessVision wasestablishedin2015withtheassistanceofan initiativeadvisorycommitteecomprisedofminority businessownersandadvocates.Theinitiative hosted6eventsthataveraged35attendeesateach. · 1stTechFredericktrainingwasofferedasaresultofEARN Maryland. · ShopDowntowncampaignlaunched,inpartnershipwithmainstreetcommunities andTourism. · 15thAnnualBusiness AppreciationWeekrecognized100companies by62ambassadors. · OEDhostedFamilyFestivalat theFarmwith18participatingfarms. OCTOBER
  7. 7. · CommercialRealtorBusTourpromotedthe CountyasaMostValuable Place (MVP)to50regionalbrokers. · ShopSmallBusinessSaturday“SingforYourNeighborhood”initiative wasspearheadedbyOED. · OEDhonored5businesses foremergingtechnologies:PatriotTechnologies, RoosterBio,Inc,Welocalize,A2LA,andGlamourViewFarm. FREDERICKOPPORTUNITY FrederickCounty’scommercialopportunitiesprovideunlimited possibilitiesforcompaniestosucceed.In2015,companiessaidthe top3reasonstheychoseFrederickCountywerelocation,qualityof lifeandgrowth. 2015SELECTEDANNOUNCEDLOCATIONSANDEXPANSIONS COMPANY SQUARE FOOTAGE ADDED NEW JOBS Costco Distribution Center 595,480 SF 200 Victory Van Corporation 42,000 SF 75 Miscellaneous Metals 40,000 SF 120 retained U.S. Pharmacopial Convention 25,000 SF 100 Canam Steel 20,000 SF 10 Smoketown Brewing Station 16,000 SF 10 Regent Education 15,000 SF 45 Pain and Spine Specialists of MD 10,000 SF 10 FoodPRO 7,200 SF 0 BioFactura/Poochoon Scientific 5,520 SF 11 Blue Pillar 5,000 SF 60 270net Technologies 2,900 SF 10 MAJORDEVELOPMENTAREAS 1.DowntownFrederick 2.Riverside 3.ThomasJohnsonDrive 4.GoldenMile 5.JeffersonPlaceTownCenter 6.BallengerCenter 7.WestviewCorporateCampus 8.RussellProperty 9.WestviewSouth 10.WedgewoodBusinessPark 11.WedgewoodWest 12.McKinneyBusinessPark 13.WestviewBusinessPark 14.FrederickCorporatePark 15.UrbanaCorporatePark 16.AlcoaProperty 17.CenturyCenter 18.StanfordIndustrialPark Adams CountFranklin County, Pennsylvania Loudoun County, Virginia Montgomery County Washington County ToHagerstown HessongBridgeRd. UticaRd. BiggsFordRd. RenoMonumentRd. MonocacyRiver RoddyRd. NOVEMBER DECEMBER COMMERCIALREALTORBUSTOUR OED’sbi-annualCommercialRealtorBusTour showcasedFrederick’sopportunitiestoover40 selectedregionalbrokers.
  8. 8. 118N.MarketSt.Frederick,MD21701 CONNECTWITHUSTOLEARNMORE. FrederickCountyExecutiveJanH.Gardner FREDERICKCOUNTYCOUNCIL FREDERICKCOUNTYOFFICEOFECONOMICDEVELOPMENT HelenPropheter,DIRECTOR KatieAlbaugh,BUSINESSDEVELOPMENTSPECIALIST,AGRICULTURE JodieBollinger,BUSINESSDEVELOPMENTSPECIALIST,COMMERCIALREALESTATEANDMANUFACTURING ShermanColeman,BUSINESSDEVELOPMENTSPECIALIST,MINORITYBUSINESSOUTREACH SharonHipkins,ADMINISTRATIVESPECIALIST SandyWagerman,RESEARCHMARKETINGSPECIALIST,MUNICIPALRELATIONS SMALLBUSINESSDEVELOPMENTCENTER BrandonMason,FREDERICKCOUNTYCONSULTANTANDREGIONALTECHNOLOGYLIAISON BudOtis,PRESIDENT M.C.Keegan-Ayer,VICEPRESIDENT TonyChmelik KirbyDelauter JerryDonald JessicaFitzwater BillyShreve 118N.MARKETST.FREDERICK,MD21701 | 301-600-1058 | WWW.DISCOVERFREDERICKMD.COM

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