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 ForecastsPopulation 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

64,1652015

67,1582020

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