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AG 2017 02 20
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AG 2017 02 20
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Last modified
2/22/2017 11:54:50 AM
Creation date
11/27/2017 10:27:23 AM
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Meeting Minutes
Doc Type
Agenda
Meeting Minutes - Date
2/20/2017
Board
Board of Commissioners
Meeting Type
Regular
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Cabarrus Economic Development <br /> Monthly Summary - January 2017 <br /> Current Active Projects Added Project Metrics <br /> Projects In January <br /> Total Active Projects By Industry <br /> 36 7 ■Manufacturing 7 <br /> Dist ribut ion/W are h ousing <br /> ■Other/Unknown <br /> January Project Info <br /> The EDC received 9 new RFIs (Requests for Information) Projects By Building or Greenfield Location <br /> in January. We normally average 9 new requests per 40 38 <br /> month. We submitted sites/buildings for 5 of the 35 <br /> requests and added 2 existing industry projects. We could <br /> not respond to 4 RFIs due to not having a suitable site 25 <br /> 211 <br /> located within the New Market Tax Credit Zone that met <br /> additional criteria to submit, for not having a suitable 50+ 15 11 3 <br /> so <br /> acre site that met minimum criteria for project, for not 5 1 i <br /> having an existing 20,000 SF building that met criteria o <br /> including parking for 200 vehicles and secured fencing, ■concord Kannapolis ■Midland <br /> and for not having an existing building that was a former ■Harrisburg ■Mt.Pleasant <br /> textile manufacturing plant that is currently vacant that *Location maybe in municipality or nearby <br /> met criteria. <br /> Total Projects By Source -All Active <br /> Other <br /> Avg. Acres Per Project: 37 Acres <br /> 10 <br /> Avg. Sq. Ft. Per Project: 112,019 Sq. Ft. <br /> 10 <br /> Avg.Jobs Per Project: 133 Jobs 9 <br /> Avg. Investment Per Project: $44,422,222 jr 4 <br /> 28 Projects for New Companies <br /> 8 Projects for Existing Cabarrus Companies .1 4 6 s io L2 <br /> 8 Active International Projects ■EDPNC Direct ■CRP ■Broker ■ED Partner <br /> ,, achment njmber 1 \n <br /> IL <br /> 1-3 Page;20 <br />
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