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Georgia Department of Economic Development MEAG POWER ECONOMIC DEVELOPMENT FORUM March 27, 2008 WHAT DO YOU WANT TO BE WHEN YOU GROW UP? What are long range goals for your community? - Comprehensive plan? - County-wide zoning? Definition of economic development
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Georgia Department of Economic Development MEAG POWER ECONOMIC DEVELOPMENT FORUM March 27, 2008
WHAT DO YOU WANT TO BE WHEN YOU GROW UP? • What are long range goals for your community? - Comprehensive plan? - County-wide zoning? • Definition of economic development - Any activity that creates jobs or generates revenue • Examples of economic development activities - Residential? - Tourism - Retail - Services - Industry • Industrial Development - Foundation of a capitalist economy is manufacturing - Value added - Higher payrolls - Higher investment in buildings and equipment
INDUSTRIAL DEVELOPMENT • What do prospects look for? - An environment where they can make a profit • What does it take to be in the game? - Leadership - Product • Definition of Product - Available buildings - Qualified industrial sites - Utilities and other services • Site Development - Providing qualified sites and managing site risks are the community’s responsibility
MANAGING SITE RISKS • Secure property • Obtain topographic survey • Determine railroad accessibility • Determine roadway accessibility • Determine availability of utilities to the site • Conduct wetland and stream delineation • Conduct preliminary geotechnical investigation • Conduct environmental site assessment - Phase 1 • Conduct cultural resources and endangered species investigation • Secure appropriate zoning
James G. Ewing Director, Global Commerce Division Georgia Department of Economic Development 75 Fifth Street, NW, Suite 1200 Atlanta, Georgia 30308 jewing@georgia.org Fax: 404.962.4021 Direct: 404.962.4018