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Agenda
• 10:00am – Depart for bus tour
• 11:30am – Arrive at 6th Street Park/food trucks/lunch
• 1:00pm – Depart back to UGA-Griffin campus
Major Employers
• WellStar Spalding Regional Medical Center - hospital
• 1888 Mills - textiles
• AEP Industries, Inc. – packaging film
• Caterpillar, Inc. – diesel and gas generators
• Norcom – school supplies
• Supreme Corp. – truck bodies and trailers
Industrial Recent Announcements (2013-
current)
• Kirby Risk Corporations (electric wiring harness) -
$2,000,000 + 50 jobs
• Norcom, Inc. (wire notebook manufacturer) - $7,000,000
+ 60 jobs
• 1888 Mills (textile) – 500,000SF facility + 100 jobs
• Otsuka Chemical Co., Ltd. (brake manufacturer) 32 jobs
• Toppan Printing Co. (packaging manufacturer) - $100m +
80 jobs
• Marukan - $13,000,000 + 15 jobs
• Dollar General (distribution center) - $85m + 500 jobs
Economic Development Partners
• City of Griffin
• Spalding County
• Griffin Housing Authority
• Griffin-Spalding Development Authority
• Griffin-Spalding Land Bank Authority
• City of Griffin Downtown Development Authority
• Georgia Department of Community Affairs
• Georgia Department of Economic Development
• Electric Cities of Georgia (ECG)
Community Investments
• Substandard Blight Elimination
• College & Career Academy renovation
• Meriwether Homes Redevelopment
• Historic City Hall Adaptive Reuse
• Film Academy
• New Griffin-Spalding Airport
• New Fire Station #1
• Solomon Park development
• LCI – Downtown
• Aquatic Center construction
• Pickle Ball construction
• Rosenwald School adaptive reuse
Sun City Peachtree (Del Webb community)
2040 Forecasts
Population and Employment
• Population
• 66,000 in 2010
• 114,000 by 2040
• 73% growth
• Employment
• 21,000 in 2010
• 37,000 by 2040
• 76% growth
Population Growth
64,165
2015
67,158
2020
Housing Cost (median)
$825 $107,000
Median Household Income
$39,510/$58,733
2015
$45,200/$67,757
2020
Unemployment Rate
7.1%/5.4%
03/2016
12.1%
03/2016
Residential Vacancy Rate
Targeted Industries
Targeted Development
• Workforce housing +
storefronts
• Artisan manufacturing &
marketplace
• Small office development
• Retail development (SR16
& SR19/US41)
• Athletic facilities (airport
property?)
GAP ANALYSIS (retail trade area)
10 mile radius
GAP Potential SF # of Retailers
Sporting goods 9,937,779$ 108,905.45 1
Grocery store 34,948,165$ 43,467.87 1.74
Electronic & Appliances 13,876,266$ 31,367.52 1.57
Food services and drinking places 15,571,171$ 38,768.22 3.88
General merchandise store 44,358,339$ 56,871.17 3.79
Incentives
• Enterprise Zone (property abatement)
• Bond financing (GSDA; DDA)
• Revolving Loan Fund
• Façade grants
• Tax Incremental Financing (two districts)
• Opportunity Zones
• Tax Credits (Historic Tax Credits; NMTC;
LIHTC)
Prime Properties
• Existing Griffin-Spalding Airport (2022)
• Heath Towers
• Griffin Hotel
• Best Manufacturing
• Former mill adjacent to UGA
• Dundee Mill (East Griffin)
• Lexington Square
• Thomaston Mill
• Lincoln Road property
• Downtown Storefronts
• Williamson Road property
• North Griffin Shopping Corridor
• Booker/Scales Street properties
http://x.lnimg.com/attachments/DF4A59ED-BB14-44B3-8E71-9D0FD39375C9.pdf
- 114,000 SF Retail
- 297,000 SF Office / Medical
- 13.4 Acre Assisted Living Site
- 7.1 Acre Self Storage Site
- 53 Acres of Open Space
Invest in Griffin_conference2016

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Invest in Griffin_conference2016

  • 1.
  • 2. Agenda • 10:00am – Depart for bus tour • 11:30am – Arrive at 6th Street Park/food trucks/lunch • 1:00pm – Depart back to UGA-Griffin campus
  • 3.
  • 4. Major Employers • WellStar Spalding Regional Medical Center - hospital • 1888 Mills - textiles • AEP Industries, Inc. – packaging film • Caterpillar, Inc. – diesel and gas generators • Norcom – school supplies • Supreme Corp. – truck bodies and trailers
  • 5. Industrial Recent Announcements (2013- current) • Kirby Risk Corporations (electric wiring harness) - $2,000,000 + 50 jobs • Norcom, Inc. (wire notebook manufacturer) - $7,000,000 + 60 jobs • 1888 Mills (textile) – 500,000SF facility + 100 jobs • Otsuka Chemical Co., Ltd. (brake manufacturer) 32 jobs • Toppan Printing Co. (packaging manufacturer) - $100m + 80 jobs • Marukan - $13,000,000 + 15 jobs • Dollar General (distribution center) - $85m + 500 jobs
  • 6. Economic Development Partners • City of Griffin • Spalding County • Griffin Housing Authority • Griffin-Spalding Development Authority • Griffin-Spalding Land Bank Authority • City of Griffin Downtown Development Authority • Georgia Department of Community Affairs • Georgia Department of Economic Development • Electric Cities of Georgia (ECG)
  • 7. Community Investments • Substandard Blight Elimination • College & Career Academy renovation • Meriwether Homes Redevelopment • Historic City Hall Adaptive Reuse • Film Academy • New Griffin-Spalding Airport • New Fire Station #1 • Solomon Park development • LCI – Downtown • Aquatic Center construction • Pickle Ball construction • Rosenwald School adaptive reuse
  • 8.
  • 9.
  • 10. Sun City Peachtree (Del Webb community)
  • 11.
  • 12. 2040 Forecasts Population and Employment • Population • 66,000 in 2010 • 114,000 by 2040 • 73% growth • Employment • 21,000 in 2010 • 37,000 by 2040 • 76% growth
  • 18. Targeted Development • Workforce housing + storefronts • Artisan manufacturing & marketplace • Small office development • Retail development (SR16 & SR19/US41) • Athletic facilities (airport property?)
  • 19.
  • 20. GAP ANALYSIS (retail trade area) 10 mile radius GAP Potential SF # of Retailers Sporting goods 9,937,779$ 108,905.45 1 Grocery store 34,948,165$ 43,467.87 1.74 Electronic & Appliances 13,876,266$ 31,367.52 1.57 Food services and drinking places 15,571,171$ 38,768.22 3.88 General merchandise store 44,358,339$ 56,871.17 3.79
  • 21. Incentives • Enterprise Zone (property abatement) • Bond financing (GSDA; DDA) • Revolving Loan Fund • Façade grants • Tax Incremental Financing (two districts) • Opportunity Zones • Tax Credits (Historic Tax Credits; NMTC; LIHTC)
  • 22. Prime Properties • Existing Griffin-Spalding Airport (2022) • Heath Towers • Griffin Hotel • Best Manufacturing • Former mill adjacent to UGA • Dundee Mill (East Griffin) • Lexington Square • Thomaston Mill • Lincoln Road property • Downtown Storefronts • Williamson Road property • North Griffin Shopping Corridor • Booker/Scales Street properties
  • 23.
  • 24. http://x.lnimg.com/attachments/DF4A59ED-BB14-44B3-8E71-9D0FD39375C9.pdf - 114,000 SF Retail - 297,000 SF Office / Medical - 13.4 Acre Assisted Living Site - 7.1 Acre Self Storage Site - 53 Acres of Open Space