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Published byRussell Hill Modified over 9 years ago
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PRESENTED TO A SSOCIATED B UILDERS & C ONTRACTORS OF C ENTRAL F LORIDA S EPTEMBER 30, 2014
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WHAT GOPEP IS NOT : Easy to say The economic development department of the City of Kissimmee The economic development department of the City of St. Cloud The economic development department of Osceola County
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GREATER OSCEOLA Founded in 2013 Partners: – City of Kissimmee – City of St. Cloud – Osceola County To coordinate/partner for better opportunities – Primary Point of Contact – Seamless/Transparent
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ECONOMIC VISION 2025 FOR GREATER OSCEOLA AREA More diverse local economy Attraction and growth of target industry clusters Increased the community wealth with higher paying job opportunities and less unemployment Prepared workforce for 21st century health sciences, manufacturing and research jobs Seamless economic development organizations, regulations and processes within the Greater Osceola area Reputation: "A Great Place to Have a Business, to Live and to Enjoy Life"
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TARGET INDUSTRY CLUSTERS Agriculture Research/Food Production Information Technology Advanced Manufacturing Life Science and Allied Health Tourism, Entertainment and Recreation
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MISSION THE MISSION OF THE GREATER OSCEOLA PARTNERSHIP IS TO COORDINATE ECONOMIC DEVELOPMENT ACTIVITIES IN THE GREATER OSCEOLA AREA.
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SHORT - TERM CHALLENGES AND OPPORTUNITIES 1.Low education level of the workforce 2.Emergence of the FAMRC and Medical City as major global centers for technology, research and manufacturing 3.Tapping under utilized and recognized assets: Agriculture Research and Food Production, Medical Research and Healthcare Services 4.No common economic vision or goals for the Greater Osceola area 5.Land available for economic development 6.Changing land use from commercial/business to residential development
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INFRASTRUCTURE Orlando International Airport Medical City
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SUNRAIL STATIONS
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180,000 ACRES OF MASTER PLANNING
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WORKFORCE 150,000 COUNTY RESIDENTS IN WORKFORCE 80,000 PEOPLE EMPLOYED IN OSCEOLA COUNTY 7,000 UNEMPLOYED 63,000 LEAVE OSCEOLA COUNTY TO WORK ! 52% OF RESIDENTS COMMUTE OVER 30 MINUTES
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2014-2015 ACTIONS – POLICY AGENDA Top Priority 1.Economic Inventory of Land, Site/Land Uses, and Buildings 2.Business Visitation Program 3.Direct Marketing Program for Target Firms 4.Economic Data Book 5.Agricultural Economic Expansion Strategy High Priority 6.Greater Osceola Marketing Program (including Internet) 7.Catalog of Local Assistance and Resources
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BUILD ON SUCCESS Colt Industries – 63 new jobs – $45,000 average salary – 16,000 sq. ft. manufacturing facility – $2.5 million investment
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BUILD ON SUCCESS Photon-X – 110 New Jobs – Corporate Headquarters – Research and development – Light manufacturing of imaging technology
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BUILD ON SUCCESS RAM Finals – $11 million contract that will move the RAM National Circuit Finals Rodeo to Osceola County – 10 years contract – Attract 60 million visitors to Osceola County
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BUILD ON SUCCESS ChampionsGate Expansion – $21.5 million in tourist development taxes – 100,000 sq.ft. Conference Center – $6 million water park – 20,000 square feet retail space
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BUILD ON SUCCESS Florida Advanced Manufacturing Research Center – State of the Art research center for industry collaboration in sensor design – Osceola County - $61 million – 20-acre, pad ready site (in 200 acre business park) – University of Central Florida - $17 million – Florida High Tech Corridor Council - $6 million
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FAMRC LOCATION Orlando International Airport Medical City UCF FAMRC
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REGIONAL IMPACT Arduin Associates Economic Impact Study: – Within 10 years, increase Orlando’s high tech earnings by $380 million - $4.9 billion – Increase total earnings by $1.1 billion - $4.9 billion – Increase Orlando’s high tech jobs by 4,605 – 19,355 – Increase total employment by 19,800 – 83,180 – State and local tax revenue increase by $101 million - $457 million – Generate enough tax revenue to repay incentives in 3 – 10 years
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THANK YOU
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