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ORANGE COUNTY
<br />NORTH CAROLINA
<br />RAICarolantic Fealty
<br />ilf.1,1. V1 Atwb,
<br />LV
<br />TIMMONS GROUP
<br />This represents a significant "revenue" and growth opportunity for the County on multiple fronts. Each
<br />vehicle that passes through the County is a potential customer for a local business or could represent an
<br />opportunity for an economic development prospect to take advantage of the transportation infrastructure to
<br />locate a business convenient to global markets.
<br />Orange County Economic Development Opportunities Missed
<br />Over the last several years, Orange County Economic Development staff has been tracking prospect
<br />opportunities (RFI's, RFP's, etc.). A review of the data indicates that Orange County has been missing out
<br />on some significant economic development opportunities, of which if the County had "ready to go" sites
<br />and /or the appropriate water and sewer infrastructure, could have landed in the County. We've
<br />summarized these missed opportunities below:
<br />Manufacturing Sector: Between April 2015 and June 2017, Orange County missed out on approximately
<br />$1.3 billion to $1.6 billion in manufacturing opportunities that could have created between 2,400 and 2,555
<br />"living wage" and executive level jobs in Orange County. The requested water & sewer demands ranged
<br />from 2.4 to 2.8 MGD (water) and 2.2 to 2.6 MGD (sewer) respectively, often times exceeding the available
<br />capacity within their service territories.
<br />Initiation
<br />Interstate
<br />2015 Traffic Counts
<br />Investment
<br />1 -40
<br />58,000 to 73,000
<br />1 -85
<br />43,000 to 47,000
<br />1 -40 & 1 -85
<br />98,000 to 103,000
<br />This represents a significant "revenue" and growth opportunity for the County on multiple fronts. Each
<br />vehicle that passes through the County is a potential customer for a local business or could represent an
<br />opportunity for an economic development prospect to take advantage of the transportation infrastructure to
<br />locate a business convenient to global markets.
<br />Orange County Economic Development Opportunities Missed
<br />Over the last several years, Orange County Economic Development staff has been tracking prospect
<br />opportunities (RFI's, RFP's, etc.). A review of the data indicates that Orange County has been missing out
<br />on some significant economic development opportunities, of which if the County had "ready to go" sites
<br />and /or the appropriate water and sewer infrastructure, could have landed in the County. We've
<br />summarized these missed opportunities below:
<br />Manufacturing Sector: Between April 2015 and June 2017, Orange County missed out on approximately
<br />$1.3 billion to $1.6 billion in manufacturing opportunities that could have created between 2,400 and 2,555
<br />"living wage" and executive level jobs in Orange County. The requested water & sewer demands ranged
<br />from 2.4 to 2.8 MGD (water) and 2.2 to 2.6 MGD (sewer) respectively, often times exceeding the available
<br />capacity within their service territories.
<br />Initiation
<br />Investment
<br />Site Size
<br />Water
<br />Sewer
<br />Industry
<br />Industry Type
<br />fobs
<br />Date
<br />(million)
<br />(Acres)
<br />(GPD)
<br />(GPD)
<br />April 2015
<br />Italian Specialty
<br />Food Processing
<br />$50
<br />300
<br />30,000-
<br />30,000-
<br />Meat Mfgr
<br />60,000
<br />60,000
<br />June 2015
<br />Manufacturing
<br />Biopharmaceutical
<br />$450-600
<br />275-300
<br />30
<br />100,000 -
<br />80,000 -
<br />Lab
<br />160,000
<br />130,000
<br />Aug 2015
<br />Manufacturing
<br />Pharmaceutical
<br />$325
<br />500
<br />15-20
<br />636,000
<br />636,000
<br />Sep 2015
<br />Manufacturing
<br />Air Separation
<br />$35
<br />1S-25
<br />5-10
<br />72,000 -
<br />11,500-
<br />122,000
<br />21,600
<br />Nov 2015
<br />Manufacturing
<br />Food Processing
<br />$20 -$25
<br />100
<br />30
<br />100,000
<br />100,000
<br />Jan 2016
<br />Manufacturing,
<br />Food
<br />$35
<br />150
<br />20 40
<br />52,800-
<br />52,800-
<br />processing
<br />264,000
<br />264,000
<br />Sep 2016
<br />Manufacturing
<br />Chemicals
<br />$65-$75
<br />60-70
<br />40-100
<br />300,000-
<br />300,000-
<br />400,000
<br />400,000
<br />Oct 2016
<br />Manufacturing
<br />Textile
<br />$30-$70
<br />17S-260
<br />2S-35
<br />500,000
<br />470,000
<br />Feb 2017
<br />Manufacturing
<br />Biopharmaceutical
<br />$150 - $200
<br />150
<br />10
<br />133,000
<br />107,000
<br />Mar 2017
<br />Manufacturing
<br />Medical
<br />$180
<br />600
<br />50-75
<br />200,000
<br />200,000
<br />June 2017
<br />Manufacturing
<br />Food Processing
<br />75-100
<br />30
<br />250,000
<br />200,000
<br />$1.34 to
<br />2,400 to
<br />5 to 100
<br />2.37 to
<br />2.19 to
<br />Totals
<br />$1.6 Billion
<br />2,555
<br />acres
<br />2.83 MGD
<br />2.59 MGD
<br />41 Page
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