Best Practices from PEDA Award Winners
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1 Best Practices from PEDA Award Winners J. Patrick Killian Commerce Director, Delaware County Commerce Center Lisa Nentwick Manager, Economic Development, FirstEnergy Corporation Andrew Skrip VP Industrial Development, SLIBCO Will Bernstein Senior Policy Analyst, Allegheny Conference Bradley Jones President & CEO, Harristown Development Corporation
2 Lisa Nentwick Economic Development Pennsylvania Economic Development Association PEDA Spring Conference Harrisburg, PA April 25, 2017
3 Partner Building Blocks Site Selection Assistance Capacity Review Real Estate Promotion Partnerships with Economic Development Colleagues Sponsorships Establishing Relationships with Economic Development Partners April 25, 2017
4 Electric Service Providers Site Selection Customer Type Examples Options Small Manufacturers Plastics Mfg., Warehouse Distribution Machine Shops, Food Manufacturers Most can be served from our distribution system Large Manufacturers Metal Fabrication, Battery Mfg. Lumber Mills, Foundries Larger manufacturers will require transmission service Know the Difference 500 kw 5 MW FirstEnergy can provide information on available capacity Establishing Relationships with Economic Development Partners April 25, 2017
5 Real Estate Other Real Estate Services Location One (LOIS) Site Lines Newsletter ImpactFactor+ Building & Sites Real Estate Database Quarterly Newsletter Computer Simulation Program Searchable Economic Development Database LOIS provides a GIS-enhanced site database system which gives a strong competitive advantage in the world of site selection Multiple search features available Custom Web Site Tool Offered free of charge for partners in FirstEnergy service territory Customize with partner logo on web site Showcase all available properties featured by partner organization Targeted to over 500 site selectors nationwide Promotes premier sites and highlights the region Targets business segments in FE service territory (Shale, automotive, etc.) Calculates economic impact for new or expansion projects Provides data on economic base of each county in the model including jobs, wages and output by industry Provides data in inter-industry purchasing patterns nationally and within the local area Provides data on household purchasing patterns at different income levels We value our partnership with regional economic development agencies Establishing Relationships with Economic Development Partners April 25, 2017
6 Partnerships with Economic Development Colleagues Trade Shows Economic Development Conferences Sponsorships Trade Shows Booth Support Economic Development Conference Subject Matter Experts MD&M NPE2015/NPE2018 Trade Shows Scholarships (PEDA, ED 101) Key Targeted Support 2015 SW PA 2016 Erie, State College 2017 Eastern PA Moody s Analytics Outreach Services for Open House Events Establishing Relationships with Economic Development Partners April 25, 2017
7 Establishing Relationships with Economic Development Partners April 25, 2017
8 SLIBCO Scranton Lackawanna Industrial Building Company
9 2015/2016 Key Projects Project Jobs Created/Retained Investment Invenergy 30 1,100 Construction Jobs $1,200,000,000 Crystal Window and Doors Systems 510 $26,100,000 Select Product Holdings 140 $6,600,000 Xerox 150 $52,842 Lockheed Martin 120 $779,850 Concrete Countertop Solutions 23 $926,500 Sandone Tires 85 $178,750 Signallamp Health 69 $332,500 Lackawanna County 977 $18,000,000 Valley View Business Park Professional Plaza $2,600,000 TekRidge Expansion $350,000
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14 Insert Heading Here Greater Pittsburgh Chamber of Commerce The Pennsylvania Economy League of Greater Pittsburgh Pittsburgh Regional Alliance Strengthening Communities Partnership PEDA Spring Conference April 25, 2017
15 Insert Heading Here Allegheny Conference on Community Development
16 Neighborhood Insert Partnership Heading Here Program (NPP) Part of DCED Neighborhood Assistance Program (NAP) Supports affordable housing, real estate development, social services, crime prevention, education, workforce development, and other community revitalization efforts. 80% tax credit for contributions to qualifying non-profits. Required 6 year commitment, minimum $50,000 annual donation; communities can receive up to $500,000 per year. Net cost to contributing business is only 7-13 cents on the dollar. Partnering non-profits must submit a Neighborhood Partnership plan to DCED.
17 Strengthening Insert Communities Heading Here Partnership
18 Insert Heading Here Getting Started $150,000 in foundation-supported seed funding Selection committee of Allegheny Conference members and community development partners Two RFP rounds open to SWPA community non-profits, 30+ applicants 7 communities selected for partnership
19 Insert Heading Here Strengthening Communities Partners Connellsville Fayette County Cultural Trust Homewood Operation Better Block McKees Rocks Community Development Corporation Mt. Oliver/Knoxville Economic Development South Sharpsburg Neighborhood Organization Washington Citywide Development Corporation Wilkinsburg Community Development Corporation 12 Corporate Contributors, $2.3M annual contributions
20 Insert Heading Here Thank You Will Bernstein Senior Policy Analyst Allegheny Conference on Community Development
21 P3 of Best Practices Harristown Enterprises, Inc. Bradley R. Jones President and CEO
22 Have a plan Eds, Beds, Meds
23 Growth in the Education Corridor
24 Beds
25 22 upscale apartments
26 (15 High End Apts. above El Sol)
27 14 Apts., Restaurant, Retail and Commercial Offices
28 Meds Rite Aid & Doctor s Office
29 Re-lease Verizon Tower $16 Million Energy Retro-fit 900 New Employees in Tower
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31 Great Coffee Healthy Fast & Casual Drug Store
32 Find Partners Contractors Patient Equity Partners Reasonable Expectations on Returns
33 Be Persistent Persistence is the Mother of Good Luck Rite-Aid / 10 years SoMa Project / 20 years Verizon Tower / 10 years
34 In Summary Have a Plan Find Partners (Share Risk/Cost) Be Persistent To Implement
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