Orange County NC Website
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23 <br /> <br /> <br /> <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 /> <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 long-term Economic <br />Development Strategy <br /> Orange County appears to be at the intersection of Commerce and Trade with I-40 and I-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 /> <br />Site Selection Magazine <br />Site Selectors’ Top Location Criteria <br />Rank Location Factor Orange County <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 /> <br />How fast are prospects moving? <br /> <br />$4.93 billion investment & over 14,000 jobs <br />2014 – Boeing announced $1.1 billion & 2,000 add’l jobs <br /> <br />Orange County – Unique Assets & Opportunities <br />Two Interstates: I-85 and I-40 Merge <br />UNC Chapel Hill & Durham Technical Community College <br />Adjacent to Research Triangle Park <br />RDU and GSO International Airports <br />On the cusp of RTP and Piedmont Triad <br />Diverse Culture & Millennial “Coolness” Factor <br />Rural Character with Urban Access / Amenities Acts as a “Gateway” for Northeast US <br />(via I-85) and Eastern NC (via I-40) to Western NC and Southeastern US <br /> <br />Orange County – Southeastern US <br />Access to markets via I-40, I-85 & I-95 <br />• Map