In Harford County, Maryland CSSC Presentation September 18, 2014 Vision – Diversification, Economic Growth/Sustainability & Quality of Life “To grow and expand as a.
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In Harford County, Maryland CSSC Presentation September 18, 2014 Vision – Diversification, Economic Growth/Sustainability & Quality of Life “To grow and expand as a dynamic and diverse business destination where industry supports the highest quality of living” Technology Commercialization Manufacturing, Distribution, Technology Niche Agriculture 2000 Agricultural, Home Building Distribution Riverside Business Park Built 1980 1972 1917 1995 Agricultural, Home Construction & Distribution APG Expansion Ag & Home Building Land Use Plan/Zoning Established Agricultural & Canning APG Established 2005 2015 Manufacturing, Distribution, Commercial I.T., Electronics Capital Investment Jobs Created Square Footage 2013 Select New & Expanding Companies Acer Exhibits $3 Million -- 168K BSC America $20 Million -- 150K Clorox $71 Million -- 950K $4 Million 50 -- MedStar $30 Million 70 102K Pier 1 $4.5 Million -- 350K Sephora $50 Million -- 755K US Lumber $7.4 Million H.P. White 114K Capital Investment Jobs Created Square Footage 2009-2012 Select New & Expanding Companies L-3 Technologies $9,375,000 400 75K sf MITRE Corporation $6,791,875 150 54K sf National Gypsum $16,000,000 25 71K sf Bob’s Discount Furniture $63,450,000 200 672K sf Saks 5th Avenue $20,500,000 194 75K sf Raytheon $32,100,000 194 75K sf Kohl’s $90,000,000 1,200 602K sf Bizerba $1,800,000 5 60K sf JC Penny $9,000,000 101 86K sf TIC Gums $6,900,000 23 188K sf Harford County Baltimore Towson MSA Maryland 1980 145,930 2,174,023 4,216,975 1990 182,132 2,382,172 4,781,468 % of change (1980-1990) +24.8% +9.5% +13.3% 2000 218,590 2,552,172 5,296,486 % of change (1990-2000) +20.0% +7.1% +10.7% 2010 244,826 2,710,489 5,773,552 % of change (2000-2010) +11.8% +6.1% +9.0% 2020 (Projection) 267,350 2,869,850 6,216,150 +9.2% +5.9% +7.7% % of change (20102012) (Source: U.S. Census 1980-2010; MD Brief Economic Facts 2013) Employment (2008-2013) % of Change 2008 2010 2013 82,644 80,589 90,169 +9.1% Private Sector 65,382 60,967 67,672 +3.5% Government Sector 17,262 19,622 22,497 +30.3% $804 $862 $899 +11.8% $702 $727 $776 +10.5% $1,190 $1,282 $1,612 +35.5% 2000 2010 2017 $1,097 $1,426 $1,630 Total employment ‘08-’13 Wages (Average Weekly Wage) Total employment Private Sector Government Sector Median Household Income (weekly) +48.6% (Source: Maryland DLLR, Employment and Payrolls, 2008-2013; ESRI 2000-2017) 2005 Maryland Baltimore Metro Susquehanna WIA Harford Cecil 2011* 160,084 164,358 69,323 69,997 7,420 7,506 5,488 5,563 1,932 1,943 % of Change 2.7% 1.0% 1.2% 1.4% 0.6% (Source: Sage Policy Group, Inc. for Labor Market Analysis of SWIA; Bureau of Labor Statistics – *2011 data preliminary estimates) April 2014: Harford had a 7.7 month inventory of houses – 20% more than in April 2013; Harford also saw 10% more contracts and 29% more listed homes over April of 2013 Source: Long & Foster Market Minute Average Days on Market % Change Average Sold Price % Change 2009 2010 2011 2012 2013 2014 129 114 128 111 91 108 -11.63% +12.28% -13.28% -18.02% -18.68% $267,667 $268,517 $251,385 $255,440 $258,586 $242,122 +0.32% -6.38% +1.61% +1.23% -6.37% Source: RBI/MRIS 3rd Largest Employer in Maryland Projected from BRAC APG Employment Contractor Employment Growth Class A Office Space Needs Contracts Actual 1/1/14 Projected 2017 Growth 22,000 22,000 22,000 10,000-18,000 8,000 10,00012,000 2 Million SF $20 Billion 1.4 Million SF 1.9 Million SF $13 Billion $15 Billion New APG – 110 New Defense Contractors Moved to Harford County AASKI ACE Electronics ACET Alion Science ARINC ARTI Aquate Corp. Avenge Inc. Avon Protection Blue Canopy Boeing Co. Bowhead Technical Bravura Information Technology Sys. (BITS) BRTRC Burrow Management CACI Camber Corporation CGI Federal Chesapeake Testing Coherent Technical Services (CTS) Computer Sciences Corporation (CSC) Concurrent Technologies Corp. (CTC) D&SCI Data Intelligence Data Matrix Solutions, Inc. Data Tactics Defense Contract Mgmt Agency DRC Dynamics Research Corporation DRS DSA Elbit Engineering Solutions Products, ESP ENSCO Environics USA, Inc. Envision EOIR Technologies EPS Corporation Exeter Government Services Fastenal Future Skies GDIT General Dynamics C4 Sys Harris Corporation IEM Inmarsat Janus Research Group, Inc. JRAD, Inc. Kalman Link Solutions, Inc. LinQuest LMI Lockhead Martin Global Lockwood Group MacB Enterprise ManTech Melvin May Associates Mission 1st Group MITRE Corporation Modus Operandi Motile Robotics MSA – Man Machine Sys Assesmt MSA – Manufacturers Svcs Assoc. MTEQ Netcentric Netorian Nexagen NextGen Federal Systems Noblis Northrop Grumman OPTEC Inc. ORISE OSI Guidance Systems Potomac Fusion Praxis Engineering Technologies Primal Innovations, Inc. QED Systems QinetQ Quantum Research Quviant R4 Technologies Raytheon Rockwell Collins RoundTable Defense RSC2 Sabre Systems, Inc. Shonborn-Becker Systems Sigmatech SmartFix Corporation SOTERA Defense Solutions SRC – Scientific Research Corporation SRI International Strategic Alliances Group STG SURVICE Metrology Symbolic Syracuse Research Center (SRC) Systek - Systems Technology TAPE TASC Telcordia Technologies, Inc. Telford Aviation Telos TRAX Trideum Universal Solutions International (USI) URS U.S. Falcon VetTCorp ViaSat VRC Corporation WYLE Fort George G. Meade University System of Maryland Aberdeen Proving Ground Johns Hopkins University Johns Hopkins Hospital & Health System National Institutes of Health Walmart University of Maryland Medical System Medstar Health Giant Food U.S. Social Security Administration 0 10,000 20,000 30,000 40,000 Number of Employees in Maryland 50,000 (in square feet) 600,000 501,438 500,000 400,000 339,786 348,970 309,274 304,156 300,000 200,000 100,000 0 2008 2009 2010 2011 2012 • TOTAL Existing Office Space: 5,781,194 square feet – Above includes 1,425,184 square feet of Class A Office • Current Vacancy: 17.9% • 5 year Vacancy: 12.9% Harford County residents can obtain their baccalaureate degrees from Towson University without having to leave the county Regional 25 colleges/universities within 40 mile radius, including: • Johns Hopkins University • UMBC • Towson University • College of Notre Dame • Goucher College • Harford Community College • Cecil College • University of Maryland • Morgan State University • University College • University of Delaware • Major Harford Co. Companies using the Port of Baltimore – – – – – – – – AGCO Bob’s Discount Furniture Chesapeake Spice Kohls Pier One Imports Rite Aid TIC Gums United Source One • The Port of Baltimore set a record high in FY 2013 for the amount of cargo moved; from 9.33 million tons in FY 2012 to 9.55 million tons in FY 2013 • General Cargo was up 4.6 percent in June 2013 compared to June of 2012 January 12, 2010 – Ports America Chesapeake signed a 50-year lease concession with the Maryland Port Administration (MPA to operate Seagirt Marine Terminal • 50 foot channel existing • 7 post panamax cranes AND 4 super post panamax cranes • Berth 4 is dredged to 50 feet to accommodate the new panamax vessels • Port of Baltimore is served by two Class I Railroads, CSX and Norfolk Southern – both of which service industrial parks in Harford County • The Panama Canal is currently being expanded to accommodate larger vessels that typically only called West Coast ports. • A series of new locks are being constructed to handle vessels as large 12,600 TEUs. • Increased capabilities that afford economies of scale will increase the percent of Asian cargo moving all water to the US East Coast. • Larger vessels calling the US East Coast will increase the market penetration significantly compared to the vessels calling East Coast ports today. • Baltimore will be one of the few East Coast ports that will be able to accommodate the new class of vessels with its channel and berth depth as well as its terminal capacity and expansion. • • • • • • • • • • • • • • • • AGCO Alcore Automated Coatings Bob’s Discount Furniture Bottcher America Bozel Trucking Citrus & Allied Essence Clorox Constar Custom Direct Cytec Frito Lay Harford Systems Independent Can Kenco Kohl’s Fulfillment Center • • • • • • • • • • • • • • • • • Macy’s Logistics Nisbets Northeastern Plumbing Supply Nutramax Onguard Industries Prime Source Building Products Rite Aid Saks Fifth Avenue Sephora Smucker Natural foods Sun Products Thymly Products TIC Gums TruAire United Source One US Lumber WAVE • MedStar – 130,000 sf medical center in South Bel Air • Upper Chesapeake Health System (UCHS) – Patricia D. & M. Scot Kaufman Cancer Center • Upper Chesapeake Health Medical Campus (UCHM) at Havre de Grace Aaron Rents Gino’s Planet Fitness JCPenny Carrabbas The Mill at Blackhorse Texas Roadhouse CVS Firestone Sonic Home Goods DSW Kirklands Chick-fil-A Auto Zone XO by Saxons Old Navy Joe's Crab Shack Panera Bread PNC Bank Wegmans Accents Jewelry Wild Birds Unlimited Pet Valu Lemon N Ginger Salon/Spa by Debbie Noodles • Netflix House of Cards – 2nd Season to be released February 14, 2014 • This makes the 6th film/television project in Harford County • Others include: – Tuck Everlasting – Red Dragon – August Rush – Young Americans – From Within • Headquartered in Harford County with the majority of filming taking place in the County • Knight Takes King Productions leased an additional 91,850 sf bringing their total leased space in the county to 190,000 sf. • Season One production directly purchased or rented goods or services from over 300 Harford County businesses and 1,814 Maryland businesses statewide • Production employed 2,198 Marylanders as cast, extras and crew • The production also utilized over 4,600 room nights at county hotels during the first season • 2013 Golden Globe ‐ Awarded to Robin Wright for Best Actress in a TV Series, Drama • 2013 Prime Time Emmy ‐ 9 nominations resulting in 3 awards ‐ Outstanding Cinematography ‐ Direction in a Drama Series ‐ Outstanding Casting • 2013 American Film Institute ‐ Received Award for Television Program of the Year • 2014 People’s Choice Award ‐ Nomination: Favorite Streaming Series • Nomination: Outstanding Performance by a Male Actor – Kevin Spacey • 2014 SAG Awards • 2014 Satellite Awards ‐ Nominations for Best Drama Series; Best Actor, Kevin Spacey; Best Actress, Robin Wright; Best Supporting Actor, Corey Stroll 31,588 sq. ft. state-of-the-art facility • Conference Center • 2 Banquet Halls with water views • Outdoor entertaining space • Executive private dining area Total Harford County Employment 90,000 88,000 86,000 84,000 82,000 80,000 78,000 76,000 2009 Annual 2010 Annual 2011 Annual 2012 Annual 2013 Avg Q1Avg Avg Avg Avg Q3 8.0% 7.3% 7.5% 7.2% 7.0% 6.8% 7.0% 6.0% 6.0% 5.0% 4.0% 4.2% 3.6% 3.4% 3.0% 2.0% 1.0% 0.0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 Employment Trends--July, 2014 » US unemployment –6.1% » Virginia—5.4% » Pennsylvania—5.7% » Ohio—5.7% » Wisconsin—5.8% » Indiana—5.9% » Maryland—6.1% » West Virginia—6.3% » Nevada—7.7% » Maryland ranked 27th in unemployment among the States. • Born between 1980-1994 (18-31) • Largest generation in U.S. history (80 million) • 36% of American workforce by 2014 – 25% of the workforce in DC, NYC and Boston • 46% of American workforce by 2020 – 30% of all eligible voters by 2020 • • • • • • • • Digitally native Send & receive 88 texts per day They check their phone 34x a day 75% have a profile on a social networking site 1 in 5 have posted videos of themselves online 53% of the blogging population is between 21-35 Much more likely to participate in group activities Spend more $ on drinking and dining out than on anything else • 3 out of 4 gave to a charity in 2011 • Most accepting, most ethnically diverse generation in U.S. history • 40% were not raised by both parents • Highly skeptical of people, but trust the government (?!) • They get along with their parents (“there’s no “us vs. them) • 1 in 3 say they would prioritize social media freedom, device flexibility and work mobility over salary in accepting a job offer • Top ranked milestones: – – – – Having a life Getting married Having a career Having children • Most educated generation in U.S. history – 63.3% have Bachelors degrees – 60% of which are earned by women – More millennial employees have advanced degrees than no higher education at all • 33% live in cities, 41% live in the suburbs • Millennials launched almost 160,000 startups each month during 2011 – 29% of all entrepreneurs that year were between 20-34 • 47% work for companies with less than 100 employees • 2 out of 3 will decide where to live before they choose where to work • 16 year olds do not rush for drivers license – lowest number licenses this past year “That’s how you devour a whale… One bite at a time” Kevin Spacey as Frank Underwood in Photo Gallery Army Research Lab (ARL) Rodman Building APG/Aberdeen C4ISR Complex Phase I APG/Aberdeen Congressional ADD ECBC Sample Receipt Facility APG/Edgewood Army Test Evaluation (ATEC) APG/Aberdeen NorthGate Business Park The GATE Office & Technology Park Hickory Ridge Technology Campus Water’s Edge Corporate Campus Fieldside Commons Aberdeen Corporate Park Swan Creek Village SciTech Services Revitalization