TWHBEA Office Building Greg Lowe

City of Lewisburg Director of Economic Development

(931) 993-7499 greg.lowe@lewisburgtn.gov

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TWHBEA Office Building Table of Contents

3 Letter of Welcome & Overview

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5-6

7-12

13-16

17-18

19-23

TWHBEA Office Building Details

Maps & Logistics

Workforce & Training

Existing Industry & Incentives

Community Data

TWHBEA Building Utilities

Mission Statement The City of Lewisburg Department of Economic Development exists to assist local business

and industry growth and to recruit new business and industry to Lewisburg to create sustainable

wage jobs and expand the tax base

Link to Video about Marshall County

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TWHBEA Office Building Welcome to Lewisburg, TN

We are very excited to tell you about an opportunity we have to offer in the Lewisburg with the

Tennessee Walking Horse Breeder’s and Exhibitor’s Association Office Building located at 250 N. Ellington

Parkway.

The TWHBEA Office Building…

Is located less than on Highway 431/50

Is less than 8 miles from Interstate 65 (Exits 37)

Has Four (4) Spacious Offices with Lobby, Storage and Conference Room

Has Three (3) T1 Lines

Has Convention Hall Access

This is your invitation to a promising partnership.

The City of Lewisburg…

Offers a (PILOT) Payment in Lieu of Taxes abatement incentive

Is Ready to Hear and Negotiate All Requests

Offers Assistance with Grants and Incentives from State and Federal Levels

Offers Assistance with Training Programs locally and regionally

Has Business-Friendly and Industry-Friendly City and County Leaders

Has an available Workforce that includes 1,800 Marshall Co. workers and 16,000 Regional workers

with Career Readiness Certification from the Tennessee Career Center

We want you to join us on our odyssey toward future growth and prosperity in the region. We know what

industry needs to thrive, as we have over 50 years of working with industries to become one of the largest

industrial communities in the southern middle Tennessee region. We promise to work hand and hand with you

to ensure your business succeeds.

Sincerely,

Greg Lowe – Lewisburg Director of Economic Development

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TWHBEA Office Building Building Details

Ownership TWHBEA – Rory Williams

Sale Price Not for Sale

Lease Price $15.00/sq. ft. Real Estate Taxes of $1445 approx. per annum - Pro-rated utilities of gas, electric and water.

Building Size 1,630 sq. ft. (Office) 11,000 sq. ft. (Convention)

Condition Excellent

Constructed 1969 – 1982 – 1999 Expanded

Construction Type Brick/Concrete/Wood

Ceiling Height 14-30 ft.

Stories 1

Dimensions 28 ft. X 36 ft. (Office) 179 X 222 ft. (Convention)

Roof Type Shingle

Floor Type 6 Inch Reinforced Concrete

Lighting Type Fluorescent

Heating Electric & Natural Gas

Air Conditioning Yes

Sprinkler Wet

Parking 75+

Site 5.46 Acres

Zoning C-2 (Intermediate Business)

Flood Zone 0%

250 N. Ellington Parkway, Lewisburg, TN 37091 35⁰27’02.47”N 86⁰46’30.54”W Tax Map 064K-A-122.00

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TWHBEA Office Building Building Utilities

Lewisburg Electric System

Voltage 277/470 (Phase 3)

Substation 2 Miles from Site

Lewisburg Water

Line Size 12 inch

System Usage 2.8 MGD

System Capacity 4.0 MGD

Lewisburg Wastewater

Line Size 10 inch

System Usage 2.2 MGD

System Capacity 6.0 MGD

Lewisburg Gas

Line Size 4 inch

Pressure 17 PSI

AT&T

Copper & Fiber Three (3) T1 Lines – All Services Available Upon Request

250 N. Ellington Parkway, Lewisburg, TN 37091 35⁰27’02.47”N 86⁰46’30.54”W Tax Map 064K-A-122.00

Electricity Source Company Tennessee Valley Authority

Local Distributor - City Lewisburg Electric System

Local Distributor - County Duck River Electric Membership Corp.

Source Company Spectra Energy

Local Distributor - City Lewisburg Gas Department

Gas

Source Duck River

Water

Local Distributor - City Lewisburg Water & Wastewater

Capacity 4.0M Gallons Per Day

Current Consumption 2.5M Gallons Per Day

Storage Capacity 6.1M Gallons Per Day

Treatment Type Full Biological

Local Distributor - City Lewisburg Water & Wastewater

Capacity 6.0M Gallons Per Day

Current Usage 2.0M Gallons Per Day

City Sewer Coverage 90%

Storm Sewer Coverage 15%

Solid Waste Disposal Type Landfill

Sewer

Source Company AT&T, Charter

Telecom

Services All High-Speed and Telecom Services

Costs Pricing Determined by Carrier and Level of Services

KWH Industrial Rates at or Below National Avg. Sample Bill Available Upon Request

Water $16.59 1st 2K Gallons $3.56 Avg. after 2K Gallons

Sewer $19.47 1st 2K Gallons $6.49 Avg. after 2K Gallons

Heat Load Industrial Rates at or Below National Avg. Sample Bill Available Upon Request Process Industrial Rates at or Below National Avg. Sample Bill Available Upon Request

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TWHBEA Office Building Local Utilities

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TWHBEA Office Building Maps & Logistics

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TWHBEA Office Building Maps & Logistics

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TWHBEA Office Building Maps & Logistics

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TWHBEA Office Building Maps & Logistics

50 Miles

50 Miles

50 Miles

50 Miles

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TWHBEA Office Building Maps & Logistics

Non-Stop Service to These Cities To and From Nashville

BNA Airport

Sea Ports in the Region

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TWHBEA Office Building Maps & Logistics

4-Year Colleges in Tennessee Community/Technical Colleges in Tennessee

Schools Enrollment Elementary Schools 5 2,385 Middle Schools 3 1,296 High Schools 3 1,545

HS Graduation Rate

92%

With Degree or Certification

27% College-Going Rate

58%

Avg. ACT Score

19.6% Bachelor’s or Higher

14%

Public Cost Per Student $9,019.90

Student/Teacher Ratio

Marshall Co. Attainments

40th Of 134

School Districts with

2018 schooldigger.com

“Exemplary” State of Tennessee

Department of Education

Rankings

17:1

Bachelor’s or Higher

Labor Shed Attainments

33% Associate’s At Least

37% HS Graduation Rate

89%

5.8 Out of 10

2018 greatschools.com

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TWHBEA Office Building Labor & Workforce

Marshall Co. Schools

Training

Robotics & PLC Plastics

Certified Production Technician CNC Machining

AIIT(Mechatronics) Pre-Engineering

Computer Information Technology LEAN Manufacturing

Industrial Maintenance/Safety Automotive Technology

Industrial Welding Industrial Electricity

3D Printing Business Leadership

Customizable Programs for Your Industry or Business

Education & Training Facilities

Technology Centers

4 Community

Colleges

2 Students Training

2,000+

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TWHBEA Office Building Labor & Workforce

Pulaski - Shelbyville

* Labor Market Area is defined as Bedford, Giles, Lawrence, Lincoln, Marshall, Maury, Moore, Rutherford and Williamson Counties

Marshall Co.

Labor Shed Labor Shed 9 Counties

Drive Time 26 Min. Avg.

Commuter Traffic

Avg. Starting Wage $13.50/hr.

Labor Force Participation Rate

62%

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TWHBEA Office Building Labor & Workforce

County Inbound % Outbound %

Marshall 7,617 70.5 7,617 58.8

Bedford 636 5.9 436 3.4

Coffee 18 0.2 56 0.4

Davidson 65 0.6 764 5.9

Giles 440 4.1 100 0.8

Lawrence 55 0.5 20 0.2

Lincoln 406 3.8 277 2.1

Maury 1,063 9.8 1,240 9.6

Rutherford 60 0.6 521 4.0

Williamson 118 1.8 1,659 12.8

Total 10,470 97.8 12,690 98

Source: July 2019 from TN Dept. of Labor and Workforce

Unemployment % 4.2

Labor Force 457,602

Unemployed 16,485

Unemployment 4.1%

Labor Force 15,796

+4,116 Since Dec. 2014

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TWHBEA Office Building Labor & Workforce

Link

Link

Link

Link

Automotive Aerospace & Defense Electronics Tool & Die/Machining Plastics & Chemicals Die Casting & Metalworking Corrugated Products Food & Beverages Commercial Printing Tank Refurbishing Seating Warehouse/Distribution

Tool & Die Heavy Hardware Lubricants Abrasives Foundry Sheet Metal Welding Supply Coatings

“Coming to Lewisburg was a remarkable decision for us.”

Paul DiGiovanni – President

Companies 55 Employees 3,900+ % of Jobs 32

Expansions 20

Local Industrial Support

Industry Types

In the Past 10 Years Manufacturing

Associations Industrial Development Board Manufacturers’ Association Workforce Employer Outreach Committee

Automotive Dashboard Electronics

1,300 1984 2011-2014

Aluminum Die Casting 850 1959 2007-2014

Defense/Aerospace Electronics

340 1966 2013

Automotive Brakes and Steering Hoses

265 2002 2006-2013

Corrugated Products 226 1975 2014

HVAC Distribution 180 1971 1975-1990

Structures and Suspensions 260 2015

Systems Manufacturing and Integration

150 2002 2013-2014

Commercial Printing 135 1898 2010-2014

Polyethylene Wrap 112 1984 2012-2014

Top Employers

Product/Service Employees Established Expanded

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TWHBEA Office Building Existing Industry

New Industries 12

Capital Investment 163M+

New Jobs 3,500+

Foreign Direct Investment

Property Tax Abatement

1 One-Page Application

2 Votes to Approve

30 Days to Finalize

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TWHBEA Office Building Local Incentives

Other Incentives The City of Lewisburg Department of Economic Development is prepared to offer its assistance to the

company/prospect in any area required. Assistance Includes: Site/Building Location and Development Grant Application and Assistance for Any Federal, State, Regional or Local Agency Workforce Development and Training Program Development Permitting Process – Federal, State, Regional and Local Agencies Requested Assistance Not Listed Above

Payment in Lieu of Taxes (PILOT)

This incentive is available to both new and expanding industries and begins with a request for a PILOT Application Form from City of Lewisburg Director of Economic Development Greg Lowe. A PILOT includes: Real (Land & Building) and Personal (Machinery & Equipment) Property Tax Abatement for BOTH City and County Property Taxes – up to 10 years for Personal and up to 20 years for Real Property A PILOT is developed by the Industrial Development Board and offered to a Prospect/Company based on Total Number of New Net Full-Time Jobs created by Prospect/Company Total Amount of Capital Investment of Project (Minimum $500,000 in Real Property or $150,000 in Personal

Property) Average Wage Rates of Total New Net Full-Time Jobs created by Prospect/Company Overall Economic and Industry Impact to Community of Project Annual Survey of Jobs Created will need to be completed by Company to insure compliance with PILOT If at any time a Company is not compliant, the IDB can choose to terminate the PILOT – no clawbacks

Other Documentation/Procedures include: Project, PILOT and Tax agreements to be drafted by attorneys (Company Attorney & City/IDB Attorney), signed and recorded by both parties, as well as a Bill of Sale on any machinery/equipment for which a PILOT is developed.

Population Marshall Co. 32,380 Lewisburg 12,060

2030 Projected Growth =+20%

Cost of Living Index

89 90

83 103

85 147

110 123

100

0 50 100 150 200

LewisburgShelbyville

PulaskiColumbia

FayettevilleFranklin

MurfreesboroSpring Hill

National Average2017 Total 827 2017 Houses 256

Building Permits

Business Licenses

Lewisburg

2018 Total 253

$46,925

Sales Tax Collections

Annual Average Temperature: 57.7°

Average High Temperature: 70.5°

Average Low Temperature: 45.0°

Annual Average Precipitation: 54.84"

Annual Average Snowfall: 2.2“

Mean Length of Freeze-Free Period (days): 180-220

Climate Police & Fire

-1.3%

3.1% Median Household Income

1.5%

2017

-166% 2018

2017-2018

2017-2018

11.3% 2016-2017

2.1% 2017-2018

2.0% 2017-2018

#Employed Labor Force

Job Growth Rate

7% 2012-2017

Median Industry Earnings - $64,454 3.6%

Median Home Cost - $141,400 13%

Tax Rate - $1.69 City/$2.76 County

Crime Rate 2,943 Per 100,000 Violent Crimes 110 Property Crimes 230

Rating Class 3

0 50

Violent

PropertyNational

State

Marshall

National Rank Top 4%

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TWHBEA Office Building Community

Lewisburg, Marshall County, Tennessee

• Latitude: N35° 26.95‘

• Longitude: W86° 47.33‘

• Elevation: 707‘

• Website: www.lewisburgtn.gov

Workforce – July 2019

Unemployment Rate 4.1% Labor Force 15,796 Unemployment # 651

“It amazes me that a community of this size possesses the amenities that Lewisburg does.”

Steve Elledge – ED Consultant

Top 100

Micropolitan

High Performance

Award Atlas Advertising

2014

Gold Level

Sustainability

TVA 2015

Benchmark

II TN ECD 2015

Economic Development

Three Star

“Lewisburg’s Park and Recreation system, per capita, meets or exceeds national standards in almost every category.”

Richie Jones – Partner

Assets

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TWHBEA Office Building Community

3 X Site Selection Magazine

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TWHBEA Office Building Lewisburg is Ranks Among the Best

Safest in TN Healthiest in TN Quality of Life in TN

Below National Avg. – Cost of Living

School System Rank by TN Dept. of Education

Fastest Growing Micropolitan in the Nation

6th

Fastest Growing Micropolitan in the State

1st

Micropolitan Job Growth in the Nation 2017 Q4

13th

Most Dynamic Micropolitan in the Nation

14th

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TWHBEA Office Building Lewisburg is Growing

Lewisburg is in the

Middle of Everything. We

have all the tools and

amenities you need to

succeed at home or in the

office, the classroom, the

board room, the production

floor and even the ground

floor. Let us prove to you

that your decision to come

here will be the right one.

Location and Logistics

Labor and Workforce

Education and Training

Utilities Quality of Life Industry Support

Leadership Growth Climate

“This community has totally proven that our decision was the right one.”

Matt Jung – President

Find Us On:

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TWHBEA Office Building Lewisburg is Where You Need to Be

www.lewisburgtn.gov

(931) 359-1544

131 East Church St. Lewisburg, TN 37091