twhbea office building - loopnet · 2019. 11. 6. · 2 twhbea office building table of contents 3...
TRANSCRIPT
TWHBEA Office Building Greg Lowe
City of Lewisburg Director of Economic Development
(931) 993-7499 [email protected]
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TWHBEA Office Building Table of Contents
3 Letter of Welcome & Overview
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5-6
7-12
13-16
17-18
19-23
TWHBEA Office Building Details
Maps & Logistics
Workforce & Training
Existing Industry & Incentives
Community Data
TWHBEA Building Utilities
Mission Statement The City of Lewisburg Department of Economic Development exists to assist local business
and industry growth and to recruit new business and industry to Lewisburg to create sustainable
wage jobs and expand the tax base
Link to Video about Marshall County
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TWHBEA Office Building Welcome to Lewisburg, TN
We are very excited to tell you about an opportunity we have to offer in the Lewisburg with the
Tennessee Walking Horse Breeder’s and Exhibitor’s Association Office Building located at 250 N. Ellington
Parkway.
The TWHBEA Office Building…
Is located less than on Highway 431/50
Is less than 8 miles from Interstate 65 (Exits 37)
Has Four (4) Spacious Offices with Lobby, Storage and Conference Room
Has Three (3) T1 Lines
Has Convention Hall Access
This is your invitation to a promising partnership.
The City of Lewisburg…
Offers a (PILOT) Payment in Lieu of Taxes abatement incentive
Is Ready to Hear and Negotiate All Requests
Offers Assistance with Grants and Incentives from State and Federal Levels
Offers Assistance with Training Programs locally and regionally
Has Business-Friendly and Industry-Friendly City and County Leaders
Has an available Workforce that includes 1,800 Marshall Co. workers and 16,000 Regional workers
with Career Readiness Certification from the Tennessee Career Center
We want you to join us on our odyssey toward future growth and prosperity in the region. We know what
industry needs to thrive, as we have over 50 years of working with industries to become one of the largest
industrial communities in the southern middle Tennessee region. We promise to work hand and hand with you
to ensure your business succeeds.
Sincerely,
Greg Lowe – Lewisburg Director of Economic Development
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TWHBEA Office Building Building Details
Ownership TWHBEA – Rory Williams
Sale Price Not for Sale
Lease Price $15.00/sq. ft. Real Estate Taxes of $1445 approx. per annum - Pro-rated utilities of gas, electric and water.
Building Size 1,630 sq. ft. (Office) 11,000 sq. ft. (Convention)
Condition Excellent
Constructed 1969 – 1982 – 1999 Expanded
Construction Type Brick/Concrete/Wood
Ceiling Height 14-30 ft.
Stories 1
Dimensions 28 ft. X 36 ft. (Office) 179 X 222 ft. (Convention)
Roof Type Shingle
Floor Type 6 Inch Reinforced Concrete
Lighting Type Fluorescent
Heating Electric & Natural Gas
Air Conditioning Yes
Sprinkler Wet
Parking 75+
Site 5.46 Acres
Zoning C-2 (Intermediate Business)
Flood Zone 0%
250 N. Ellington Parkway, Lewisburg, TN 37091 35⁰27’02.47”N 86⁰46’30.54”W Tax Map 064K-A-122.00
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TWHBEA Office Building Building Utilities
Lewisburg Electric System
Voltage 277/470 (Phase 3)
Substation 2 Miles from Site
Lewisburg Water
Line Size 12 inch
System Usage 2.8 MGD
System Capacity 4.0 MGD
Lewisburg Wastewater
Line Size 10 inch
System Usage 2.2 MGD
System Capacity 6.0 MGD
Lewisburg Gas
Line Size 4 inch
Pressure 17 PSI
AT&T
Copper & Fiber Three (3) T1 Lines – All Services Available Upon Request
250 N. Ellington Parkway, Lewisburg, TN 37091 35⁰27’02.47”N 86⁰46’30.54”W Tax Map 064K-A-122.00
Electricity Source Company Tennessee Valley Authority
Local Distributor - City Lewisburg Electric System
Local Distributor - County Duck River Electric Membership Corp.
Source Company Spectra Energy
Local Distributor - City Lewisburg Gas Department
Gas
Source Duck River
Water
Local Distributor - City Lewisburg Water & Wastewater
Capacity 4.0M Gallons Per Day
Current Consumption 2.5M Gallons Per Day
Storage Capacity 6.1M Gallons Per Day
Treatment Type Full Biological
Local Distributor - City Lewisburg Water & Wastewater
Capacity 6.0M Gallons Per Day
Current Usage 2.0M Gallons Per Day
City Sewer Coverage 90%
Storm Sewer Coverage 15%
Solid Waste Disposal Type Landfill
Sewer
Source Company AT&T, Charter
Telecom
Services All High-Speed and Telecom Services
Costs Pricing Determined by Carrier and Level of Services
KWH Industrial Rates at or Below National Avg. Sample Bill Available Upon Request
Water $16.59 1st 2K Gallons $3.56 Avg. after 2K Gallons
Sewer $19.47 1st 2K Gallons $6.49 Avg. after 2K Gallons
Heat Load Industrial Rates at or Below National Avg. Sample Bill Available Upon Request Process Industrial Rates at or Below National Avg. Sample Bill Available Upon Request
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TWHBEA Office Building Local Utilities
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TWHBEA Office Building Maps & Logistics
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TWHBEA Office Building Maps & Logistics
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TWHBEA Office Building Maps & Logistics
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TWHBEA Office Building Maps & Logistics
50 Miles
50 Miles
50 Miles
50 Miles
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TWHBEA Office Building Maps & Logistics
Non-Stop Service to These Cities To and From Nashville
BNA Airport
Sea Ports in the Region
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TWHBEA Office Building Maps & Logistics
4-Year Colleges in Tennessee Community/Technical Colleges in Tennessee
Schools Enrollment Elementary Schools 5 2,385 Middle Schools 3 1,296 High Schools 3 1,545
HS Graduation Rate
92%
With Degree or Certification
27% College-Going Rate
58%
Avg. ACT Score
19.6% Bachelor’s or Higher
14%
Public Cost Per Student $9,019.90
Student/Teacher Ratio
Marshall Co. Attainments
40th Of 134
School Districts with
2018 schooldigger.com
“Exemplary” State of Tennessee
Department of Education
Rankings
17:1
Bachelor’s or Higher
Labor Shed Attainments
33% Associate’s At Least
37% HS Graduation Rate
89%
5.8 Out of 10
2018 greatschools.com
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TWHBEA Office Building Labor & Workforce
Marshall Co. Schools
Training
Robotics & PLC Plastics
Certified Production Technician CNC Machining
AIIT(Mechatronics) Pre-Engineering
Computer Information Technology LEAN Manufacturing
Industrial Maintenance/Safety Automotive Technology
Industrial Welding Industrial Electricity
3D Printing Business Leadership
Customizable Programs for Your Industry or Business
Education & Training Facilities
Technology Centers
4 Community
Colleges
2 Students Training
2,000+
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TWHBEA Office Building Labor & Workforce
Pulaski - Shelbyville
* Labor Market Area is defined as Bedford, Giles, Lawrence, Lincoln, Marshall, Maury, Moore, Rutherford and Williamson Counties
Marshall Co.
Labor Shed Labor Shed 9 Counties
Drive Time 26 Min. Avg.
Commuter Traffic
Avg. Starting Wage $13.50/hr.
Labor Force Participation Rate
62%
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TWHBEA Office Building Labor & Workforce
County Inbound % Outbound %
Marshall 7,617 70.5 7,617 58.8
Bedford 636 5.9 436 3.4
Coffee 18 0.2 56 0.4
Davidson 65 0.6 764 5.9
Giles 440 4.1 100 0.8
Lawrence 55 0.5 20 0.2
Lincoln 406 3.8 277 2.1
Maury 1,063 9.8 1,240 9.6
Rutherford 60 0.6 521 4.0
Williamson 118 1.8 1,659 12.8
Total 10,470 97.8 12,690 98
Source: July 2019 from TN Dept. of Labor and Workforce
Unemployment % 4.2
Labor Force 457,602
Unemployed 16,485
Unemployment 4.1%
Labor Force 15,796
+4,116 Since Dec. 2014
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TWHBEA Office Building Labor & Workforce
Link
Link
Link
Link
Automotive Aerospace & Defense Electronics Tool & Die/Machining Plastics & Chemicals Die Casting & Metalworking Corrugated Products Food & Beverages Commercial Printing Tank Refurbishing Seating Warehouse/Distribution
Tool & Die Heavy Hardware Lubricants Abrasives Foundry Sheet Metal Welding Supply Coatings
“Coming to Lewisburg was a remarkable decision for us.”
Paul DiGiovanni – President
Companies 55 Employees 3,900+ % of Jobs 32
Expansions 20
Local Industrial Support
Industry Types
In the Past 10 Years Manufacturing
Associations Industrial Development Board Manufacturers’ Association Workforce Employer Outreach Committee
Automotive Dashboard Electronics
1,300 1984 2011-2014
Aluminum Die Casting 850 1959 2007-2014
Defense/Aerospace Electronics
340 1966 2013
Automotive Brakes and Steering Hoses
265 2002 2006-2013
Corrugated Products 226 1975 2014
HVAC Distribution 180 1971 1975-1990
Structures and Suspensions 260 2015
Systems Manufacturing and Integration
150 2002 2013-2014
Commercial Printing 135 1898 2010-2014
Polyethylene Wrap 112 1984 2012-2014
Top Employers
Product/Service Employees Established Expanded
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TWHBEA Office Building Existing Industry
New Industries 12
Capital Investment 163M+
New Jobs 3,500+
Foreign Direct Investment
Property Tax Abatement
1 One-Page Application
2 Votes to Approve
30 Days to Finalize
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TWHBEA Office Building Local Incentives
Other Incentives The City of Lewisburg Department of Economic Development is prepared to offer its assistance to the
company/prospect in any area required. Assistance Includes: Site/Building Location and Development Grant Application and Assistance for Any Federal, State, Regional or Local Agency Workforce Development and Training Program Development Permitting Process – Federal, State, Regional and Local Agencies Requested Assistance Not Listed Above
Payment in Lieu of Taxes (PILOT)
This incentive is available to both new and expanding industries and begins with a request for a PILOT Application Form from City of Lewisburg Director of Economic Development Greg Lowe. A PILOT includes: Real (Land & Building) and Personal (Machinery & Equipment) Property Tax Abatement for BOTH City and County Property Taxes – up to 10 years for Personal and up to 20 years for Real Property A PILOT is developed by the Industrial Development Board and offered to a Prospect/Company based on Total Number of New Net Full-Time Jobs created by Prospect/Company Total Amount of Capital Investment of Project (Minimum $500,000 in Real Property or $150,000 in Personal
Property) Average Wage Rates of Total New Net Full-Time Jobs created by Prospect/Company Overall Economic and Industry Impact to Community of Project Annual Survey of Jobs Created will need to be completed by Company to insure compliance with PILOT If at any time a Company is not compliant, the IDB can choose to terminate the PILOT – no clawbacks
Other Documentation/Procedures include: Project, PILOT and Tax agreements to be drafted by attorneys (Company Attorney & City/IDB Attorney), signed and recorded by both parties, as well as a Bill of Sale on any machinery/equipment for which a PILOT is developed.
Population Marshall Co. 32,380 Lewisburg 12,060
2030 Projected Growth =+20%
Cost of Living Index
89 90
83 103
85 147
110 123
100
0 50 100 150 200
LewisburgShelbyville
PulaskiColumbia
FayettevilleFranklin
MurfreesboroSpring Hill
National Average2017 Total 827 2017 Houses 256
Building Permits
Business Licenses
Lewisburg
2018 Total 253
$46,925
Sales Tax Collections
Annual Average Temperature: 57.7°
Average High Temperature: 70.5°
Average Low Temperature: 45.0°
Annual Average Precipitation: 54.84"
Annual Average Snowfall: 2.2“
Mean Length of Freeze-Free Period (days): 180-220
Climate Police & Fire
-1.3%
3.1% Median Household Income
1.5%
2017
-166% 2018
2017-2018
2017-2018
11.3% 2016-2017
2.1% 2017-2018
2.0% 2017-2018
#Employed Labor Force
Job Growth Rate
7% 2012-2017
Median Industry Earnings - $64,454 3.6%
Median Home Cost - $141,400 13%
Tax Rate - $1.69 City/$2.76 County
Crime Rate 2,943 Per 100,000 Violent Crimes 110 Property Crimes 230
Rating Class 3
0 50
Violent
PropertyNational
State
Marshall
National Rank Top 4%
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TWHBEA Office Building Community
Lewisburg, Marshall County, Tennessee
• Latitude: N35° 26.95‘
• Longitude: W86° 47.33‘
• Elevation: 707‘
• Website: www.lewisburgtn.gov
Workforce – July 2019
Unemployment Rate 4.1% Labor Force 15,796 Unemployment # 651
“It amazes me that a community of this size possesses the amenities that Lewisburg does.”
Steve Elledge – ED Consultant
Top 100
Micropolitan
High Performance
Award Atlas Advertising
2014
Gold Level
Sustainability
TVA 2015
Benchmark
II TN ECD 2015
Economic Development
Three Star
“Lewisburg’s Park and Recreation system, per capita, meets or exceeds national standards in almost every category.”
Richie Jones – Partner
Assets
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TWHBEA Office Building Community
3 X Site Selection Magazine
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TWHBEA Office Building Lewisburg is Ranks Among the Best
Safest in TN Healthiest in TN Quality of Life in TN
Below National Avg. – Cost of Living
School System Rank by TN Dept. of Education
Fastest Growing Micropolitan in the Nation
6th
Fastest Growing Micropolitan in the State
1st
Micropolitan Job Growth in the Nation 2017 Q4
13th
Most Dynamic Micropolitan in the Nation
14th
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TWHBEA Office Building Lewisburg is Growing
Lewisburg is in the
Middle of Everything. We
have all the tools and
amenities you need to
succeed at home or in the
office, the classroom, the
board room, the production
floor and even the ground
floor. Let us prove to you
that your decision to come
here will be the right one.
Location and Logistics
Labor and Workforce
Education and Training
Utilities Quality of Life Industry Support
Leadership Growth Climate
“This community has totally proven that our decision was the right one.”
Matt Jung – President
Find Us On:
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TWHBEA Office Building Lewisburg is Where You Need to Be
www.lewisburgtn.gov
(931) 359-1544
131 East Church St. Lewisburg, TN 37091