Mill Creek Corporate Center - LoopNet · Corporate Center SITE INFORMATION UP TO 250 ACRE CLASS A...
Transcript of Mill Creek Corporate Center - LoopNet · Corporate Center SITE INFORMATION UP TO 250 ACRE CLASS A...
SITE BOUNDARIES:North: N Santiam HwySouth: Turner Rd SEEast: Kuebler BlvdWest: Deer Park Rd SEOWNERSHIP: Oregon Dept. ofAdministrative Services
JURISDICTION: City of Salem
SIZETOTAL ACRES/SQUARE METERS:397 acres available in total. Site configurations from 2 to 160 acres.
ZONINGEmployment Center (EC), Sites zoned for flex-space, manufacturing sites, warehousing, and offices are offered in a spacious, planned environment.
ACCESSDistance to Interstate 5:1.5 mi. / less than 5 min.
Distance to Salem Airport:4 mi. / less than 10 min.
Distance to Portland International Airport: 58 mi. / 75 min.
UTILITY SPECIFICATIONS
WATER: City of Salem: 5,000,000 gal/day, 24 inch and 12 inch pipes.
SEWER: City of Salem: 1,200,200 gal/day, 10 inch and 21 inch pipes in the Cordon SPS Sewer Basin.
ELECTRICITY: Portland General Electric substations: 13 KV and 115 KV lines nearby.
NATURAL GAS: Northwest Natural Gas: 4” main operating at 225 psig in Aumsville Hwy or 6” main operating at 50 psig in Home Depot Court.TELECOM/BROADBAND: Four data providers with fiber in the area. Speeds between a gigabyte and terabyte.
WA
SALEM
OR
Downtown Portland
PDX
I-5
I-84
Mill Creek Corporate Center
SITE INFORMATION
UP TO 250 ACRE CLASS A CORPORATE INDUSTRIAL CAMPUS 45 MILES SOUTH OF PORTLAND
5
5
22
Salem Municipal
Airport Cordon Rd
Kueb
ler B
lvd
Deer Park D
r SE
Kuebler Blvd
Aumsville Hwy SE
Lancaster Blvd SE
Turner Rd SE
Turner Rd SE
Fairview Industrial Dr SE
Truck route toI-5 (1.5 ml/2.4 km)
SITE READINESS
ZONING AND COVENANTS: Employment Center
SINGLE OWNERSHIP: Yes, Oregon Dept. of Administrative Services
COMPLETED DUE DILIGENCE:• ARCHEOLOGICAL
• ENVIRONMENTAL
• MASTER PLAN
• STORMWATER MANAGEMENT
• TRANSPORTATION IMPACT MANAGEMENT
• WETLANDS MITIGATION
ENVIRONMENTAL ADVANTAGES:
• Abundant water
• Clean air
• Low natural disaster risk
INCENTIVES
NO SALES TAX
SINGLE-SALES FACTOR: Corporate income tax for companies located in Oregon is assessed only on sales within the state.
ENTERPRISE ZONE PROPERTY TAX EXEMPTION: New investment within the Enterprise Zone can recieve property tax abatement for three to five years.
STRATEGIC INVESTMENT ZONE: Projects with capital investments exceeding $100 million are eligible for partial property tax abatement for 15 years.
WORKFORCE TRAINING GRANTS: Reimbursement to offset costs incurred for employee training.
STATE STRATEGIC RESERVE FUND (SRF): Grant to off-sets costs forexpanding business.
STATE BUSINESS EXPANSION PROGRAM: Forgivable loan for companies that generate certain number of employees above average wage.
FOREIGN TRADE ZONE: Similar to what is known internationally as free-trade zones. Goods and merchandise are not subject to tariffs.
E-COMMERCE TAX CREDIT: 25% income tax credit for capital assets used in E-commerce operations.
CONSTRUCTION-IN-PROCESS: Unfinished facility improvements exempt from local property taxes for up to 2 years.
COSTS
• Site A (90 acres) $100,000/acre
• Site B (25 acres) $120,000/acre
• Site C (20 acres) $90,000/acre
• Site D (17 acres) $89,000 - $115,000/acre
• Site E (110 acres) $80,000 - $105,000/acre
• Site F (137 acres) $75,000/acre
• Site G (31 acres) $95,000
TAXES: Marion County Real Property Rate: $18.7407 per $1,000 value
CONTACT INFO
CHAD FREEMAN | STRATEGIC ECONOMIC DEVELOPMENT CORPORATION503-837-1800 (o) / 503-930-4481 (cell) | [email protected]
ANNIE GORSKI | CITY OF SALEM503–540-2480 | [email protected]