Site Certification and Iowa s Certified Site Program

Transcription

1 Site Certification and Iowa s Certified Site Program May 1, 2014 Kimberly Williams, Senior Consultant Cole Egan, Consultant

2 Agenda Introduction to McCallum Sweeney Consulting (MSC) Site Selection Economic Development What is Site Selection? What is Site Certification? Overview of Iowa s Certified Site Program Program Objective and Benefits Minimum Criteria Process and Schedule 2

3 MSC Clients Site Selection SGL Automotive Carbon Fibers LLC joint venture American Titanium Works Boy Scouts of America Kasle Steel 3

4 MSC Clients Economic Development INDIANA MUNICIPAL POWER AGENCY 4

5 What is Site Selection? 5

6 Site Selection Process Planning Phase Phase 1 Phase 2 Phase 3 Phase 4 Conception Feasibility Investment Decision Alignment/ Criteria Regional Analysis Areas of Interest Request for Proposal and/or Web Research Community Visits Location Evaluation Comparative Analysis Finalist Locations Negotiations Evaluation Site Due Diligence Internal Selection of Preferred Location Prepare MOU Real Estate Transaction Public Announcement Incentive Capture Support Candidate Locations 6

7 Facility Siting Process Fundamentals Profit driven Investment for purpose of return Deadline driven Both the site selection and project start-up Competitive Multiple location options Comprehensive Complex decision involving most functional areas Risk averse Limited tolerance for site-related risks 7

8 Site Selection Process Define Search Region - Center-of-Market Analysis Regional Screening based on Project Criteria RFP & Proposal Screening Property Visits / Comparative Assessment Negotiations / Financial Modeling Risk Analysis Location Selection 8

9 What is Site Certification? 9

10 What is Site Certification? Site Certification is a designation that a site meets certain readiness criteria Criteria are based on location needs of private sector companies There are no national standards for site certification Site Certification is a trend that is growing rapidly Driven by speed-to-market pressures on companies Site Certification is an initiative being undertaken by various groups with a stake in economic development State and regional organizations Utility providers Individual developers Etc. 10

11 What is Site Certification? MSC believes that that there are three key attributes that are the basis of site readiness required by a site certification program: AVAILABLE Site really is for sale or lease, with established terms and conditions FULLY-SERVABLE If all infrastructure is not already at the site, then at least detailed plans with schedules and price tags have been developed DEVELOPABLE Environmental and other related assessments (and mitigation, if necessary) are complete 11

12 What is Site Certification? A well-designed site certification program is: Realistic: Based on the due diligence necessary for projects Rigorous: Development projects are exhaustive, a site certification process will be as well Educational: An opportunity to better understand the siting process and to gain knowledge of a site s strengths and weaknesses Site Certification provides an opportunity to be more competitive in site selection projects More effective marketing (pro-active and re-active) Knowledge of site s strengths and weaknesses Better prepared to offer development assistance Present properties that offer a minimal development schedule 12

13 The Importance of Site Certification Attracting investment and jobs is highly competitive, and being prepared creates a competitive advantage Company timeframes are getting shorter Site selection Start-up Communities need to be prepared with sites that are ready for development At the end of the day, companies do not build facilities in communities, they build them on sites 13

14 Example of Site Certification Success Severcorr Steel Columbus, MS Rural community Demanding site specs Community proactively prepared Site certification $800 million 450 jobs 14

15 Overview of Iowa s Certified Site Program Program Objective and Benefits 15

16 Overview of Iowa s Certified Site Program Program Objective and Benefits To develop a portfolio of certified sites and parks that will make Iowa more competitive in site selection projects Site certification provides the following benefits: Allows for effective pro-active marketing Prepares you for better re-active marketing Educates you on the site s strengths and weaknesses Prepares you to offer development assistance as may be needed Speeds up development schedule by having due diligence completed 16

17 Overview of Iowa s Certified Site Program Minimum Criteria 17

18 Overview of Iowa s Certified Site Program Minimum Criteria Iowa s Certified Site Program is designed with six categories based on site/park size There are four industrial site categories General Industrial Site: acres Large Site: acres Super Site: acres Mega Site: 1,000+ acres There are two industrial park categories General Industrial Park: 100+ acres with one site at least 50 acres Super Park: 500+ acres with one site at least 250 acres Availability must be documented Must be served by utility infrastructure or a detailed plan must be developed for providing utility infrastructure within the required timeframe for the category 18

19 Overview of Iowa s Certified Site Program Minimum Criteria Developable acreage must: Be outside the 100-year floodplain Be free of recognized environmental concerns Be free of wetlands or have a plan for mitigation Be free of threatened or endangered species or have a plan for mitigation Be free of areas of archaeological or historical significance or have a plan for mitigation Have soils compatible with industrial development Must be zoned appropriately or be able to be rezoned for industrial use (if applicable) Road infrastructure appropriate for truck traffic is in place or a detailed plan will be developed for providing access Rail infrastructure is required for Super Sites, Super Parks, and Mega Sites 19

20 Summary of Certification Criteria Effective Jan Total Acreage Minimum Contiguous & Developable Acreage 1 Rail Required Availability timeframe Highway Access Availability timeframe Electric Availability timeframe Nat. Gas (mcf/month) Availability timeframe Water (gpd) Availability timeframe Sewer (gpd) Availability timeframe General Industrial Site No 12 months 15 miles MW 10, , ,000 Large Site No 12 months 10 miles 2 5 MW 15, , ,000 Super Site Yes 12 months 5 miles 2 10 MW 25, , ,000 Mega Site 1, Yes 12 months 5 miles 3 30 MW 12 months 50, months 1,500, months 1,500, months General Industrial Park 100+ with one site 50 80% of 50 site, 60% of rest of park acreage No 12 months 15 miles 2 5 MW 15, , ,000 Super Park 500+ with one site % of 250 site, 60% of rest of park acreage Yes 12 months 5 miles 2 15 MW 32,500 1,000,000 1,000,000 Note 1. Contiguous and developable acreage must be at least 80% of total acreage. (For example, a 250-acre site must have at least 200 contiguous and developable acres). 2. Interstate or 4-lane highway 3. Interstate or 4-lane limited-access divided highway

21 Overview of Iowa s Certified Site Program Process and Schedule 21

22 Overview of Iowa s Certified Site Program Tentative Schedule for Next Round in Request the Step 1 Qualification Materials July Complete and Submit a Step 1 Application August Receive Notification of Selection Status September 8 4. Complete and Submit a Step 2 Application October 7 5. Receive Initial Feedback late October 6. Conduct Site Visit November Receive Notification of Selection Status December Complete and Submit a Step 3 Application December 18, Receive Feedback January Provide Follow-up Information March Receive Notification of Certification Decision April Announcement Event or Press Release TBD

23 MSC Contact Information Kimberly Williams Senior Consultant Cole Egan Consultant McCallum Sweeney Consulting 15 South Main Street, Suite 950 Greenville, SC (main) (fax) 23