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Garrison Oak Technical Park Economic Update Economic Update June 26, 2015.

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Presentation on theme: "Garrison Oak Technical Park Economic Update Economic Update June 26, 2015."— Presentation transcript:

1 Garrison Oak Technical Park Economic Update Economic Update June 26, 2015

2 Garrison Oak Site Plan

3 Property Details Location: White Oak Rd. Adjacent to DE RT. 1 Zoning: Industrial Park Manufacturing (IPM2) Acreage: 389 +/- contiguous acres Environmental : Phase I & limited Phase II have been completed and show that the property has no environmental issues Abatement: Both the City of Dover & Kent County have economic tax abatement programs available

4 Property Details (2) Utilities –Water:  16-inch water main to service entire park  1.5 million gallon water tank completion late 2015 –Sewer:  16” line with new pump station in the park –Gas:  Future: 4” gas line to service all lots within Garrison Tract summer 2015 completion date  16” gas line to service Lot 7 for combined cycle power plant completed

5 Property Details (3) Utilities –Storm Water Management: To manage water quantity completion date spring 2015 –Electric: 69KV loop is located on White Oak Road. This loop is connected to Dover’s new Cartanza 230KV/600MW Primary Substation

6 1.5 Million Gallon Water Tower

7 16“ Gas Field

8 Infrastructure Progress

9 Completed Projects

10 Dover Sun Park Project Details –10 Megawatts of renewable energy –34,258 trackable solar panels –Provide electricity for up to 1300 homes –City of Dover purchases all power and 15% of the renewable energy credits –Created 150 construction jobs, 80% of which were Delaware jobs

11 Dover Sun Park Dover Sun Park

12 Garrison Energy Center Combined cycle power plant –Lot 7

13 Project Design Utilizes Efficient and Reliable Technology Nominal up to 618 MW dual-fueled combined cycle facility Constructed in two phases, each nominally 309 MW Each phase is 1x1: –One combustion turbine with a HRSG and one steam turbine –Natural gas-fired duct burners on the HRSGs

14 Garrison Energy Center …

15 Garrison Energy Center

16 Uzin Utz Dry mortar manufacturing facility –Lot 12

17 Project Details  Uzin Utz – Lot 12 International Flooring Manufacturer with headquarters in Ulm, Germany Construction of 50,000 sq. ft. manufacturing facility completed June 2015 Future expansion phase II to 86,000 sq. ft. by 2017 Manufacturing self-leveling underlayment Initial Projection 25-30 jobs

18 Uzin Utz

19 Uzin Utz Mixing Tower

20 Future Projects Lot 13 –To be purchased by a security technology company for manufacturing and corporate headquarters. –Construction to start January 2016

21 ROUTE 13 REDEVELOPMENT Multiple developers have taken advantage of commercial redevelopment incentives –Building Permit Waivers –Impact Fee Waivers –10-year Tax Abatement on Improvements

22 Former WalMart

23 Former Office Max

24 Former Uno’s

25 Former Dover Litho

26 Former K-Mart

27 Former Metro Market

28 Blue Hen Corporate Center

29


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