Site readiness

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SITE READINESS Understanding and Learning Through a Case Study Approach

What is a case study? •

Focuses on accurate understanding of complex issues in real life context



Digs into why things happen



Explores implications for the future

• Major craft brewer seeking East

Project Background What we knew about the proposed project in 2014/15

Coast location • Beginning production in 2017, full production by 2019 • Facility sized at 200,000 square feet on 20 acres – 190,000 bbls initially • Need for future expansion options • Requires highway access, public water/sewer, electric power, natural gas and access to rail • Potential for onsite brew pub and other tourist destination possibilities

• Successful manufacturer in

Project “Fit” How well did this project meet County expectations?

identified target industry sector • Capital investment profile - $95 $100 million • 68 jobs initially, 132 by Year 4 • Company culture • Proven track record in sustainability/environmental measures • Focus on outdoor recreation • Destination point, catalyst for significant tourism activity

Key Milestones – 2014 - 2015 April, 2014

• Consultant visits Albemarle to look at three sites

Feb/March, 2015

• Multiple sites visited • Test fit requested for I64/29 site • Size and capacity increases

May, 2015

• Parcel on western border of dev area boundary advertised in Comp Plan public hearing • Company returns, alternative site on larger RA area proposed

June, 2015

• Comp Plan adopted with no change to area • BOS adopts Resolution of Intent regarding potential boundary adjustment

July/Aug, 2015

• Three community meetings held • PC work session held • PC public hearing, recommend disapproval

September, 2015

• BOS work session • BOS Public Hearing • BOS Special Meeting , approve boundary expansion to include a portion of proposed site

• Elimination of unknowns and risk • Certainty of schedule • Control of construction costs • How quickly can I start construction?

Prospects

• Site “elimination” • Ready to go sites • Utilities and infrastructure in place • Thorough site due diligence • Incentives

Developers

Consultants/Brokers

How did project align with target audience expectations? • Community fit • Curb appeal/sense of place • Employee amenities • Site/building fit • Best business decision

Site Readiness Assessment

Our Future Path . . .

Endorsement of Mission and Guiding Principles • Motion by Planning Commission • Motion by Economic Development Authority