1 / 79

Logistically Correct Kingsport, Tennessee

Discover the largest city in Tennessee's 5th Largest Metro, with a rich history and a focus on economic development. Find out more about the city's transformation and its thriving job market.

gilbertos
Download Presentation

Logistically Correct Kingsport, Tennessee

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Kingsport, Tennessee Jeff Fleming, AICP Assistant City Manager for Development JeffFleming@KingsportTN.gov

  2. 281 miles 350 miles 399 miles 396 miles 489 miles 417 miles 392 miles Logistically Correct Kingsport, Tennessee

  3. Kingsport is…the largest city in Tennessee’s 5th Largest Metro Nashville-Murfreesboro-Franklin, TN 1,550,733 Memphis, TN-MS-AR 1,285,732 Knoxville, TN 691,152 Chattanooga, TN-GA 518,441 Kingsport-Bristol, TN-VA 304,689 Clarksville, TN-KY 261,220 Johnson City, TN 195,849 Morristown, TN 135,914 Jackson, TN 112,685 Cleveland, TN 112,143 Cookeville, TN 102,982 Sevierville-Pigeon Forge-Gatlinburg, TN 84,835 Census Bureau, Metropolitan Statistical Area: July 1, 2008

  4. Kingsport is…the largest city in the 5th Largest Metro inAmerica’sMountain South Knoxville, TN 691,152 Greenville, SC 624,715 Chattanooga, TN-GA 518,441 Asheville, NC 408,436 Kingsport-Bristol, TN-VA 304,689 Charleston, WV 303,944 Roanoke, VA 298,108 Huntington, WV 284,234 Spartanburg, SC 280,738 Johnson City, TN 195,849 Charlottesville, VA 194,391 Anderson (Clemson) , SC 182,285 Blacksburg (Virginia Tech) 158,328 Census Bureau, Metropolitan Statistical Area: July 1, 2008

  5. Kingsport’s settlement pre-dates the State of Tennessee by 35 years 1761 - British Fort Robinson (later taken by U.S. and renamed Fort Patrick Henry) 1779 - Sullivan County, NC (later TN) formally established1784-1789 The Lost State of Franklin1796 - Tennessee statehood from North Carolina1822 - "Old" Kingsport incorporated1861-1865 - Civil War 1865-1877 Reconstruction1914-1918 World War I1917 - "New" Kingsport incorporated (nearly 100 years after “Old” Kingsport) 2010 = 249 years after original settlement

  6. Kingsport (1917) A John Nolen planned city

  7. Planned City vs. Present City DID YOU KNOW? Most of us were annexed at some point. Only 29% of BMA, 20% of BOE, and 22% of City’s Leadership Team live in original city limit

  8. The 1999 Economic SummitEconomy in Transition • “Last one out, turn out the lights” • Major manufacturing closures/lay-offs • Eastman spin-off from Kodak • Major changes in elected officials • Major changes in leadership • “Rustbelt” city • Call to action • A new day, a new plan Kingsport Manufacturing Jobs 1990-2010 MeadowView Convention Center built “Life is change. Growth is optional. Choose wisely.”

  9. Where We Were The 1999 Economic SummitSix Major Non-Traditional Economic Development Initiatives • Higher Education (Educate & Grow) • Recruit people (educated with income) • Retail amenities • Accessibility (airport) • Quality of life amenities • Commitment to education • Small business & entrepreneurs • Public arts, sculpture, music, cultural amenities • Leisure/hospitality/sports tourism • Redevelopment (inc. downtown) Broad Street Redevelopment Concept Plan 2001

  10. Highlights • 2007 – Record year for new investment ($164.48 million) • 2008 – a record year for new investment (2nd year in a row) $180.9 million • Eastman’s $1.3 billion “Project Reinvest” • Holston Valley Medical Center $100mm “Project Platinum” • Holston Medical Group’s new 6-story building ($40mm) • #1 Walking City by Walk! Magazine • Dobyns-Bennett High School named Top 4% by Newsweek (x6) • 2009 – new elementary school opens – first in nearly 60 years! • MeadowView won “best in class” in 4 categories from North American Lodging Association • Materials agreement stimulates creation of 750+ residential lots

  11. Overall Positive Movement on All Fronts • Population increased 30.2% from 36,365 to 47,356 (10,991 new residents) • If incorporated, would be the 6th largest city in NE TN or SW VA • 41% larger than Abingdon or Wytheville, VA • 160% larger than Rogersville or Jonesborough, TN • Median age decreased from 42.3 to 41.9 • Population <5 increased 33% • Population >65 decreased 27.8% • Labor force grew by 35.9% (or 5,695 people) • Median family income = $50,076 (up from $30,279 in 1990) • Families below poverty level decreased to 14% • Median value of owner-occupied homes increased 86% • 6,859 new housing units (41% increase) • 63.4% of housing units are owner-occupied (up from 58.7% in 1990) • More than 50% of homes were built prior to 1969 • 55% of all householders moved into their home since 2000 • 1,154 homes are valued over $300,000 (up from 38 in 1990)

  12. Single females still highest risk: • What are we doing about it locally? • Education! Education! Education! • Training-Transit-Childcare Cooperative • Educate & Grow Scholarship (free tuition to community college) • GED Test Scholarship (we’ll pay your testing fee) • Access to higher education opportunities (convenient to Kingsport) • Assessment Center in Academic Village to help with career path

  13. Where We Are Now DIVERSIFICATION 9,000 Net New Jobs Employment in Kingsport MSA 1990 2010

  14. NORTHEAST TENNESSEEChange in Unemployment Rate During the “Great Recession”Source: Tennessee Department of Labor and Workforce Development (updated July 2005 compared to July 2010)

  15. Why Kingsport?USA Today (Sept 2007): “1 in 8 workers leave by 6 a.m.” • My commute to Downtown is a grand total of 10 minutes • I can be at my daughter’s school in 6 minutes • I can be at 2 different hospitals in less than 6 minutes • I can be riding a bike on an 8-mile greenbelt in 5 minutes • I can be in a 3500 nature preserve in a mountaintop park in 19 minutes • I can be walking around a lakefront park in 12 minutes • I can be at the airport (& park at the front door) in 20 minutes • I can be at 100 different national retailers in under 6 minutes!!

  16. For the same quality of life provided by $50,000 in Kingsport, you’d need:

  17. Why Kingsport? Total City & County property taxes on a $200,000 home = $2,035 per year • No solid waste, garbage, trash or recycling fees • No special school tax • No special district tax (fire, parks, etc.) • No wheel tax in Sullivan County • No state income tax on salaries/wages • No personal property tax • No vehicle inspection fees • No annual vehicle taxes of any kind • Internationally accredited police and fire departments

  18. There is a place… • Where the hottest summer days are like New England, but the annual snowfall is 34 inches less • Where the annual high/low temperatures are like the California Wine Country (without the faultline) • Where the average winter days are like Atlanta or Charlotte, but the summers have 35 fewer days of sweltering above-90-degree heat • Where the #of days >90 degrees are half that of the Colorado Rockies at Denver (and the winters have 45 fewer inches of snowfall) • Where lush green vegetation is naturally maintained by rainfall amounts comparable to the Pacific Northwest • Where nature’s beauty unfolds in four balanced seasons  • Where the natural watershed scored a perfect 100 out of 100  • That’s equidistant from every major metropolitan market in the eastern United States • Oh, and did I mention it is consistently one of the most affordable places to live • Mix in some of the nicest, most accommodating people in the world…  • And you have Kingsport, Tennessee

  19. Read more at: http://www.newsweek.com/id/39380/?s=kingsportOnly 8 Tennessee Schools made the list:Dobyns-Bennett (Kingsport) Farragut (Knoxville area)Collierville (Memphis area)Ravenwood (Nashville area)Hillsboro (Nashville)Brentwood (Nashville area)Hume-Fogg Academic (Nashville)Martin Luther King Academic Magnet (Nashville)82 Virginia schools made the list – Patrick Henry (Roanoke) being closest52 NC schools made the list – Roberson (Asheville) being closest19 SC schools made the list – with 12 being in the Upstate11 KY schools made the list – with none in Southeast Kentucky3 WV schools made the list – all in the Charleston metro area

  20. 2 years free tuition to H.S. graduates Childcare Public Transit $17 million local capital funding 2,100 students 2002 – Applied Technology 2008 – Health Professions 2009 – Higher Education 2009 – Advanced Manufacturing Future – Automotive Tech First LEED certified, publicly funded green higher education building in Tennessee

  21. Direct flights to 6 Cities: Atlanta Charlotte Chicago Detroit Orlando St. Pete/Clearwater Closest Neighboring Airports: TRI-Asheville (90 miles) TRI-Knoxville (112 miles) Direct Flights to 8 Cities

  22. Variety of Housing Choices Built: 1928, 5 BR, 2570 sf $309,900 ($3,154 taxes) Built: 2006, 4 BR, 2768 sf $294,500 ($2,997 taxes) Built: 1996, 5 BR, 6674 sf $699,900 ($7,123 taxes) Built: 2008, 2BR Patio Home 1744 sf $199,900 ($2,034 taxes) Built: 2009, 3 BR, 1963 sf $199,900 ($2,034 taxes) Built: 2008, 3 BR Attached Home 2174 sf $239,900 ($2,441 taxes)

  23. San Francisco

  24. Alexandria, Virginia

  25. These stores have joined the Kingsport market since 2005

  26. …and unique, local shops

  27. Kingsport is… Marriott’s award-winning mountain resort Cattails Golf $30 million expansion completed Nov., 2010 6 minutes from Downtown $88,321,240 in spin-off private taxable investments (1998-2009 Sullivan Co Public Tax Records) The 1 year increase from 2008-2009 ($22,576,400) was greater than the total property value in 1998 ($22,496,860)

  28. Downtown Kingsport Renaissance $37,666,900 in private taxable investment (1998-2009), a 70% increase in 11 years Excluding churches, hospital, higher education (an additional $129,000,000)

  29. ResultsJuly 2006-October 2010 2,025 families from 1,574 different communities in 49 states moved to Kingsport Top Donor States • Virginia • Florida • North Carolina • Kentucky • Georgia • South Carolina • Texas • California • Ohio • Michigan • New York • Maryland • Pennsylvania

  30. City of Kingsport Population

  31. Annual Economic Impact of NewcomersAn example of Kingsport, Tennessee • 444 net new residential water connections (July 1, 2006 – October 31, 2010) • Census average = 2.3 persons per household • 444 x 2.3 = 1,021 new residents (with City water/Sullivan County/Kingsport zip code) • $25,000 economic impact per year per person (UNC Wilmington, 2010) • $25,000 x 1,021 = $25,525,000 • Consuming services and creating demand for jobs in medical, pharmacy, finance, insurance, real estate, food, retail, etc. • Not a bad return on investment for $55,000 annual budget for “Move To Kingsport” program

  32. Retire Tennessee Communities

  33. SAMPLE MONTHLY REPORT EXAMPLE OF 35 MI

  34. Free data (in this case, interactive!):Fortune Magazine (2008) Where Americans Are Movinghttp://www.forbes.com/2010/06/04/migration-moving-wealthy-interactive-counties-map.html Kingsport Sullivan Co, Tennessee Bristol Washington Co, Virginia Wilmington Metro Brunswick Co, North Carolina Vicksburg Warren Co, Mississippi

  35. YMCA and Aquatic Center • $15 million • Fitness, Competition, Wellness, Leisure • Zero depth entries, ADA accessible • Family/assisted changing rooms • Indoor-Outdoor • All ages and abilities • Collocated with new YMCA • Construction 2011, Completion 2012

  36. V.O. Dobbins, Sr.Community Center • $8.2 million / 46,000 sf • Gym Space / Ballfields • Community Rooms • Non-Profit Center

  37. Aquatic Center • $15 million • Fitness, Competition, Wellness, Leisure • Zero depth entries, ADA accessible • Family/assisted changing rooms • Indoor-Outdoor • All ages and abilities • Collocated with new YMCA • Construction 2011, Completion 2012

  38. Wetlands Project • Reedy Creek and Horse Creek traverse 28 miles across Kingsport • 1,600 acres of undevelopable floodway • 8,000 acres of adjoining flood fringe • Cutting edge commitment to environmental stewardship • Kingsport has the greatest opportunity to make the biggest impact in the region • City assume ownership (or conservation easement) of undevelopable lands, natural filter for watershed • Tax break for landowners • First mitigation sites are adjacent to John B. Dennis Highway and East Stone Drive

  39. Parking Garage • $4.5 million / 364 spaces / 3 levels • Money already available • No additional bonds to be sold • Public restrooms for special events • Construction starts after Christmas • Opening late Summer 2011 • 10,000 sf of privately-funded development space (2-3 levels) • Parking will remain FREE for the foreseeable future • Developer has extensive experience in rebirth of Chattanooga and Knoxville downtowns

  40. Mountain Region Family Medicine at Kingsport Press • Clinchfield at Sullivan • $18.5-$24 million redevelopment • Former Book Printing Factory • Downtown Kingsport • 70,000 new medical visits per year

  41. Food City at Kingsport Press PRESS ST ROLLER ST CLINCHFIELD ST CENTER ST

  42. Farmer’s Market at Kingsport Press

  43. Rendering of Possible Phase 2 Kingsport Press

  44. The Future: Kingsport Public Library Expansion

  45. Consumer Expendituresfor Retail Marketing

More Related