Orange County NC Website
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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18 <br />19 <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />29 <br />30 <br />31 <br />32 <br />33 <br />34 <br />35 <br />36 <br />37 <br />38 <br />39 <br />40 <br />41 <br />42 <br />43 <br />44 <br />45 <br />46 <br />47 <br />48 <br />49 <br />50 <br />51 <br />23 <br />❑ Create Living Wage Jobs for existing residents <br />❑ Preserve Uniqueness & Culture of Orange County <br />❑ Economic Development outcomes should be a major consideration for infrastructure <br />investments <br />❑ Better coordination with other County Departments and Utility Systems (i.e. Planning, Utilities, <br />etc.) <br />The Big Picture <br />❑ Economic Development Partnership of NC and North Carolina is moving up the business <br />rankings <br />❑ Need to align your sites & infrastructure with the market <br />❑ It takes time and resource (financial and political) to commit to a longterm Economic <br />Development Strategy <br />❑ Orange County appears to be at the intersection of Commerce and Trade with 1 -40 and 1 -85 <br />merger <br />❑ We're bullish on the future of Orange County <br />❑ Now is the time to align your resources and commit to make your own future" <br />❑ Economic Development is getting increasingly competitive <br />Site Selection Magazine <br />Site Selectors' Top Location Criteria <br />1 Existing Workforce Skills Strong <br />2 State and local tax scheme Marginal to Competitor Localities <br />3 Transportation Infrastructure Strong <br />4 Utility Infrastructure Lacking / Needs Improvement <br />5 Land / Building prices & supply Marginal / High <br />6 Ease of permitting & regulatory procedures Marginal <br />7 Flexibility of Incentive Programs Neutral <br />8 Right -to -work State Strong <br />9 Availability of incentives Neutral <br />10 Access to higher education resources Strong <br />How fast are prospects moving? <br />$4.93 billion investment & over 14,000 jobs <br />2014 — Boeing announced $1.1 billion & 2,000 add'l jobs <br />Orange County — Unique Assets & Opportunities <br />= Two Interstate s: -1B5 and 1 -40 Merge <br />= UNC Chapel Hill & Durham Technical Community College <br />= Adjacent to Research Triangle Park <br />= RDU and GS International Airports <br />= On the cusp of RTP and Piedmont Triad <br />=Diverse Culture &Millennial Coolness'Factor <br />= Rural Character with Urban Access / AmenitiesActs as a "Gateway" for Northeast US <br />(via 1 -85) and Eastern NC (via 1 -40) to Western NC and Southeastern US <br />Orange County — Southeastern US <br />Access to markets via 1 -40, 1 -85 & 1 -95 <br />• Map <br />