Guests - willcountyced.com€¦ · Supervalu Joliet 930,000 Amazon Monee 856,065 Kimberly Clark...

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Transcript of Guests - willcountyced.com€¦ · Supervalu Joliet 930,000 Amazon Monee 856,065 Kimberly Clark...

John GreulingPresident & CEOWill County Center for Economic Development

Welcome

Welcome

CED Investors

Elected Officials

CED Board Members

Guests

“Frank Turk, Jr. Business & Community Achievement Award”

Presentation

Tom OsterbergerPartner,

Kavanagh, Grumley & Gorbold, LLC

2017 & 2018 CED Chairman of the Board

“Frank Turk, Jr. Business & Community Achievement Award”

Given in honor of Frank Turk, Jr.(1929 – 2013)

Presented December 1, 2017 to…

The 2017 Frank Turk, Jr. Business & Community Achievement Award Recipient

Jim RoolfPresident,

Joliet Banking CenterFirst Midwest Bancorp, Inc.

“For His Personal Commitment and Generosity to the

Economic and Community Development of Will County, IL

Improving the Quality of Life for All of Its Residents”

2017 Annual Report

CED Mission Statement

To improve the quality of life for all residents inWill County by recruiting new companies offeringhigh quality jobs and solid tax base while assisting

existing businesses to retain and add jobs.

CED Programs Business Retention / Recruitment

Business Marketing and Outreach

Economic Development Conferences, Summits, Community Training Seminars

Government Affairs: Local, State and Federal Lobbying

Will County Tax Abatement Program

CED Services Site and building information

Labor force statistics and demographic reports

Education and training resources

Utility and infrastructure information

Business taxes and fees (analysis, comparisons, etc.)

Federal, State and local incentive programs

Development entitlement process

Customized research

CED Guidance

Business prospect management and coordination with public and private stakeholders

Federal / State and local government contacts and introductions

Commercial / industrial broker and developer contacts / introductions

CED 2017 Events Global Logistics Summit – April 25th – Bolingbrook Golf Club

Will County Economic Report – Focus: Industrial Real Estate –Lewis University

Eye-Opener Breakfast – June 22nd – Tuscany Falls

Economic Development Training for Local Elected and Appointed Officials – July 27th – Joliet Junior College

CED 2017 Annual Report To Investors – December 1st – Clarion Hotel

CED 2017 Investor Activities CED Board of Directors & Executive Committee

Will County Freight Advisory Council (WFAC)

CED Economic Development Council (EDC)

CED Government Affairs Council

InFocus Newsletter

CED 2017 Activities: Partnerships CED is a member of the State Freight Advisory Council

CED is a member of the Chicago Regional Growth Corporation (CRGC) a new, non-profit regional economic development corporation.

CED is a board member of the Coalition for America‘s Gateway and Trade Corridors (CAGTC).

CED is a member of the Illinois for Transportation Coalition(TFIC)

Will County – 2017 By the Numbers

CED Assisted Over Ninety Development Projects in 2017

County-Wide: 40+ Business Locations and Expansions

6,200 New Jobs

Over 21 Million Square Feet of Building Space Occupied

$900 Million+ Invested in New & Existing Facilities

Will County – 2017 By the Numbers

New Business Location/Expansion Projects

Will County – 2017 By the Numbers

Will County | Top Transaction Activity 2017Company Community Sq. Ft.

General Mills Wilmington 1,507,505

Ikea Joliet 1,250,481

Supervalu Joliet 930,000

Amazon Monee 856,065

Kimberly Clark Corporation Romeoville 716,318

Clearwater Paper Elwood 624,370

Best Buy Bolingbrook 615,160

Communication Test Design, Inc. (CTDI) Joliet 501,313

OHL Joliet 476,988

Kellogg's Joliet 459,469

Amazon Crest Hill 438,150

Samsung Bolingbrook 352,338

LeSaint Logistics Romeoville 339,459

Geodis Romeoville 280,962

UPS Lockport 273,000

New Business Location/Expansion Projects

Will County – 2017 By the Numbers

New Business Location/Expansion Projects

Will County – 2017 By the Numbers

2017 New Business Location/Expansion Projects

Will County – 2017 By the Numbers

Will County – 2017 By the Numbers

Speculative Industrial Development

Over 11.5 Million Square Feet of New Speculative Industrial Space Constructed in 2017

$460 Million+ of New Investment

Will County – 2017 By the Numbers

Will County | Top Spec Activity 2017Developer Community Sq. Ft.

Opus Group Joliet 1,220,140

CenterPoint Joliet 1,052,250

Core 5 Logistics Center Joliet 1,026,000

Venture One Channahon 1,010,000

Hillwood Joliet 992,640

Elion Partners Wilmington 810,900

CenterPoint Joliet 751,769

IDI Gazeley Channahon 749,554

Panattoni Romeoville 676,026

ML Realty Lockport 371,994

Additional Development Projects

Will County – 2017 By the Numbers

Additional Development Projects

Channahon Corporate Center – Channahon

Crossroads 55 – Channahon

Rock Run Crossings – Joliet

Rock Creek Logistics Center

West Side Medical TIF - Joliet

Crete CSX Intermodal Center – Crete

Will County – 2017 By the NumbersAdditional Development Projects

Lewis Airport Control Tower

Innovation Pavilion- Joliet

Compass Business Park – Elwood

Illiana Expressway

South Suburban Airport

Will County – 2017 By the Numbers

Mars Candy Facility - Joliet

Will County – 2017 By the Numbers

Amazon Fulfillment Center –Monee

Will County – 2017 By the Numbers

IKEA Facility – Joliet

Jobs

Will County – By the NumbersPrivate Job Creation 2001 – 2016

Will County – By the NumbersPrivate Job Creation 2001 – 2016

Will County – By the NumbersPost-Recession Manufacturing Jobs

The Importance of Freight in Will County

• 106,000 Jobs - $5.0 Billion in Earnings• $28.8 Billion in Economic Output• 55% of Our Economy – 37.6% of Tax Revenue

What do freight flows in Will County Look Like?

Key Freight Plan Findings

Key Findings

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1. Freight is Critical to the Economic Success of Will County.

2. Will County Freight Movement is Critical to the State and the Nation.

3. Traditional Planning Approaches Cannot Handle the Pace of Freight Development Experienced in Will County.

4. Freight Volume Growth May Affect Safety and Worsen Existing Bottlenecks and Operational Issues.

1. Freight is Critical to the Economic Success of Will County.

2. Will County Freight Movement is Critical to the State and

National Economies.

3. Traditional Planning Approaches Cannot Handle the Pace of

Freight Development Experienced in Will County.

4. Freight Volume Growth May Affect Safety and Worsen Existing

Bottlenecks and Operational Issues.

Key Findings

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5. Continued Growth Without Planning and New Transportation Investments may Impact Will County’s Economic Competitiveness and Quality of Life.

6. Funding and Institutional Issues Make it Difficult to Invest in Freight Projects.

7. Will County Needs Regional, State, and National Funding Support.

5. Continued Growth Without Planning and New

Transportation Investments may Impact Will County’s

Economic Competitiveness and Quality of Life.

6. Funding and Institutional Issues Make it Difficult to Invest

in Freight Projects.

7. Will County Needs Regional, State, and National Funding

Support.

Will County Freight Clusters

Truck Crash Hot Spots

Bridge Condition

Key Freight Plan Findings

Freight Mobility Plan Recommendations

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Implement Investment Priorities identified in the Plan.

Improve coordination of overweight/oversize permitting between Jurisdictions.

Expand East-West highway connectivity to reduce traffic on local roads.

Increase air cargo capacity by continuing to support the South Suburban Airport

Freight Mobility Plan Recommendations

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Develop freight workforce initiatives through partnerships with employers.

Increase workforce mobility to job centers using transit hubs and increased bus service.

Development and communicate a transparent freight network using designate truck routes.

Coordinate transportation and land use planning throughout the County.

Freight Mobility Plan: Priority Projects for Federal Funding

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I-80: Add lanes, and reconstruction of bridges and interchanges from Ridge Road to US 30.

I-55 and I-80: Interchange reconstruction

I-55: Add Lanes and reconstruction of bridges and interchanges from I-80 to Route 129.

I-55 and Weber Road: Interchange reconstruction

www.WillCountyFreight.org

Looking ahead to 2018

Increase CED Investor Support and Engagement

Begin Implementation of the Will County Community Friendly Freight Mobility Plan

Expand Workforce Development Initiatives

Industry Sector Marketing/Recruitment: Manufacturing, Energy, Food, Health Care

Increase Watchdog Role on Regional Planning Activities and Federal Infrastructure Funding Impacting Will County Development

Special Guest

Mark PetersonPresident & CEO,

Intersect Illinois

Annual Global Logistics Summit – April 24, 2018

Eye Opener – June 2018

Economic Report – September 2018

Annual Report to Investors – December 7, 2018

Upcoming 2018 Events

Thank you for attending!

We’re glad you could join us.

Today’s presentations will be on the

CED website later today.

www.WillCountyCED.com