12. Update on Chatham Co. Development
Doug Emmons, Treasurer
Chatham Economic Development Corporation
13. Chatham County Economic
Development Update
Doug Emmons
Treasurer, and Ambassador Program Chair
Chatham Economic Development Corporation
September 8, 2014
14. CHATHAM COUNTY PROFILE
• Square Miles: 709
(#20 largest of 100)
• Population: 63,564
(#40 largest of 100)
• Workforce: 34,168
(#66 largest of 100)
• Number of Jobs: 15,140
(#86 in jobs to workforce ratio)
• Unemployment: 4.7%
(#2 lowest May ‘14)
• Avg. Weekly Wage: $625
(State average $710)
15. CHATHAM PARTNERSHIP MODEL
Education Business
Commerce
Infrastructure
Jobs
Government
Students
Employees
Elected Officials Residents
Chatham County, NC
17. MAJOR CHATHAM COUNTY
DEVELOPMENT PROJECTS
Proposed Industrial, Commercial and Office
Space
•Moncure Super Park – 1,447 acres
•Chatham-Randolph Megasite – 1,800 acres
•Chatham Park – 7,000+ acres
18. MONCURE SUPER PARK – Yellow Location
Moncure Super Park Submitted to
2014 Duke Site Readiness Program
August 15, 2014
✔
23. CHATHAM PARK
PLANNING
FRAMEWORK:
Land Use
Commercial, office, medical,
hospitality and retail organized
along Highways 64 & 15-501
and future 15-501 Bypass
Residential oriented toward
stream valleys, the Haw River
and Jordan Lake
Chatham Park project gets green light
✔ from Pittsboro town board: June 9, 2014
24. CHATHAM PARK
PLANNING
FRAMEWORK:
Locate commercial near
Pittsboro and Highways
Link new neighborhoods
to the Haw River
25. US 15 / 501
UNC
MEDICAL
OFFICE
BUILDING
US 64 BYPASS
CHATHAM PARK
UNC Medical Office Building
29. IMPACT ON REAL ESTATE IN
CHATHAM COUNTY
• Pittsboro official NC retirement community
• Major economic development projects will
bring new businesses, jobs, and homes
• Promotion is attracting new residents
• Residential construction is on the rise
• Real estate opportunities in Chatham County
abound!
30. FOR MORE INFORMATION…
Dianne Reid
President, Chatham Economic
Development Corporation
dreid@chathamedc.org
919-542-8274
www.chathamedc.org
Sign up for our newsletter
and stay in touch with
social media
32. Fix-A-Home Volunteer Days
Wednesday, September 17,
Thursday, September 18
Friday, September 19
(There will also be opportunities to participate
Monday September 15 and Tuesday September 16.)
35. SAVE THE DATE
GCHAR ANNUALMEETING
8:30-10 a.m., Monday, Oct. 6 at the Chapel Hill Country
Club
Headshots
Update your professional headshot with Lili
Engelhardt Photography immediately before or
after the meeting.
Reserve your slot online at liliengelhardt.com.
Headshots are just $54.95
for GCHAR members!
36. Thank you for joining us at the GCHAR Member
Meeting & Legislative Summit.
Editor's Notes
Thank you Desiree.
Good morning, my name is Doug Emmons and I am here to share a brief update on Chatham County where I both live and sit on the board of the Chatham Economic Development Corporation.
The Chatham EDC is a private, non-profit organization working to make Chatham County the preferred location for emerging growth companies.
Chatham County is a rural county in central North Carolina. Between 2000 and 2010, the population grew by nearly 30%. As one of North Carolina’s 100 total counties, this slide shows how it ranks.
In spite of having the 2nd lowest unemployment rate in the state, Chatham County is challenged with providing well-paying jobs for its educated and skilled workforce.
While there are more than 34,000 citizens in the workforce, there are only 15,000 jobs in Chatham County. The average weekly wages for those jobs falls well below the state average.
This partnership model depicts interdependencies amongst business, education, and government, as well as the Chatham County individuals and roles they play within this model.
Our EDC Board is a microcosm of this partnership with board representation by EDC employees, business executives, residents, educators, and elected officials.
We believe a strong economic development system must have involvement from each of these key Business, Government, and Education sectors.
After several planning sessions with staff from the County and towns, four land use plan scenarios were developed. With input from citizens, we developed a fifth hybrid plan using two of the four original scenarios. This plan – Rural Preservation with Targeted Employment – emphasizes targeted employment growth in the towns and economic development areas, coupled with preservation of farms and rural areas. The two ideas complement one another; by targeting growth in areas that are already developed, rural farmland will continue to thrive.
Three projects, identified in the strategic land use plan – two in eastern Chatham and one in western Chatham – have the potential to jump start employment growth and transform the balance of the County’s tax base.
The Moncure Super Park is 1,447 acres in southeast Chatham County.
The northern parcel is the Performance Fibers Property Totaling 368 acres. There are existing buildings on that property, a wastewater treatment facility (244,000 gpd capacity) and a rail spur. Performance Fibers will officially close by the end of October 2014. The southern parcel is owned by one owner and totals 1,078 acres. It is completely undeveloped.
While the site is in preliminary planning stages, it shows promise with dual rail service and close access to Rte 1 and Rte 40.
The Chatham-Randolph Megasite is a 1,800 acre property located west of Siler City owned by two individuals.
This map shows its location within a 250 mile radius.
The EDC has created a new website specifically to market the Chatham Randolph Megasite.
It can be found at: http://www.chathamrandolphmegasite.com
This image shows the South Carolina BMW auto plant superimposed on the Chatham-Randolph megasite.
As you can see, there is room for a plant at least twice the size of this BMW plant with additional room to enable supporting supplier manufacturing and a business park.
Chatham Park calls for development of live-work-play communities spread across four villages east of downtown Pittsboro.
The concept for the master plan calls for locating more intensive commercial uses near the town and highway corridors, with density decreasing as you move away from town and with open spaces preserved along the Haw River to the east.
The first two projects are likely to be a UNC medical office building to be constructed across from Northwood High School…
… and a 20 mega-watt solar farm to be constructed southeast of town by Strata Solar.
Plans call for an extensive trail system, tied to existing trails, providing access to the river for Chatham Park residents and employees.
New Haw River access points are envisioned, including a bluff overlook.
These conceptual drawings show the North Village.
Chatham Park is ready to develop as a live-work-play site that will promote tech/bio-tech development so that residents have the opportunity for good, well-paying jobs within their neighborhoods.
RetireNC named Pittsboro as an official retirement community in 2013.
The three major projects, identified in the strategic land use plan – two in eastern Chatham and one in western Chatham – have the potential to jump start employment growth and transform the balance of the County’s tax base.
The marketing and promotion of these projects is attracting interest and new residents. Already, new residential construction is on the rise.
Opportunities in Chatham real estate abound!
To learn more about economic development within Chatham County, visit our website at www.chathamedc.org. At the bottom of the page, you can sign up for our newsletter.
Thank you for your attention and involvement with our presentation. We welcome your feedback and are happy to answer any additional questions you may have at this time.