Mill Creek Corporate Center - LoopNet · Corporate Center SITE INFORMATION UP TO 250 ACRE CLASS A...

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SITE BOUNDARIES: North: N Santiam Hwy South: Turner Rd SE East: Kuebler Blvd West: Deer Park Rd SE OWNERSHIP: Oregon Dept. ofAdministrative Services JURISDICTION: City of Salem SIZE TOTAL ACRES/SQUARE METERS: 397 acres available in total. Site configurations from 2 to 160 acres. ZONING Employment Center (EC), Sites zoned for flex-space, manufacturing sites, warehousing, and offices are offered in a spacious, planned environment. ACCESS Distance 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 Kuebler Blvd Deer Park Dr SE Kuebler Blvd Aumsville Hwy SE Lancaster Blvd SE Turner Rd SE Turner Rd SE Fairview Industrial Dr SE Truck route to I-5 (1.5 ml/2.4 km)

Transcript of Mill Creek Corporate Center - LoopNet · Corporate Center SITE INFORMATION UP TO 250 ACRE CLASS A...

Page 1: Mill Creek Corporate Center - LoopNet · Corporate Center SITE INFORMATION UP TO 250 ACRE CLASS A CORPORATE INDUSTRIAL CAMPUS 45 MILES SOUTH OF PORTLAND 5 5 22 Salem Municipal Airport

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)

Page 2: Mill Creek Corporate Center - LoopNet · Corporate Center SITE INFORMATION UP TO 250 ACRE CLASS A CORPORATE INDUSTRIAL CAMPUS 45 MILES SOUTH OF PORTLAND 5 5 22 Salem Municipal Airport

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]