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Harford County Maryland’s New Center of Opportunity Harford County Office of Economic Development

2016 OED SWN Presentation 2-26-2016

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Page 1: 2016 OED SWN Presentation 2-26-2016

Harford CountyMaryland’s New Center of Opportunity

Harford County Office of Economic Development

Page 2: 2016 OED SWN Presentation 2-26-2016

Vision:

Maryland’s New Center of Opportunity

“To facilitate business investment, entrepreneurial

development and job creation to foster a diverse

economy and expand the local tax base, enhancing

quality of life for those who live, work, play, learn, invest,

serve and stay in Harford County”

Page 3: 2016 OED SWN Presentation 2-26-2016

1917

1972

1980

19952000

Agricultural & Canning; APG Established

Ag & Home BuildingLand Use Plan/Zoning Established

Agricultural,Home Building Distribution

Riverside Business Park Built Agricultural, Home Construction & DistributionAPG Expansion

Manufacturing, Distribution, Technology

Niche Agriculture2005Manufacturing, Distribution,Commercial I.T., Electronics,APG Transformation

2016

Technology Commercialization

Harford County Timeline

Page 4: 2016 OED SWN Presentation 2-26-2016
Page 5: 2016 OED SWN Presentation 2-26-2016

New or Expansion

Capital Investment

JobsCreated

SquareFootage

2015 Select New & Expanding Companies

Alcore, Inc. Expansion $40,000 15 40,000

Bizerba USA, Inc. Expansion $40,000 40 55,000

Boston’s Pizza New $3.2 Million 98 6,620

Maines Paper & Food Service New $10 Million 75 123,000

Medline Industries, Inc. Expansion $5.6 Million 35 107,000

Pier 1 Imports, Inc. Expansion $300,000 0 644,000

Planet Fitness New $ 15 20,880

SafeNet Assured Technologies Expansion $500,000 25 13,000

United Foods International New >$4,000,000 15 41,000

Maryland’s New Center of OpportunityCome Grow With Us

Page 6: 2016 OED SWN Presentation 2-26-2016

3.6% 3.4%

4.2%

7.5%7.9%

7.3%7.0%

6.6%

5.7%5.1%

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

9.0%

2006 2007 2008 2009 2010 2011 2012 2013 2014

Source: MD DLLR; 2015 Average is to December

Average Yearly Unemployment 2006-2015

2015

Page 7: 2016 OED SWN Presentation 2-26-2016

74,000

76,000

78,000

80,000

82,000

84,000

86,000

88,000

90,000

2009Average

2010Average

2011Average

2012Average

2013Average

2014Average

2015Average

Harford County Jobs

Source: MD DLLR; Annual Average – 2015 is comprised of Q4

Total Harford County Employment

Page 8: 2016 OED SWN Presentation 2-26-2016

Source: RBI/MRIS

2008 2010 2012 2015

Average Days on Market

133 114 111 93

% Change -14.3% -2.6% -16.2%

Average Sold Price

$286,879 $268,517 $255,440 $257,928

% Change -6.4% -4.9% +0.9%

Harford County Housing Sales Trends

Page 9: 2016 OED SWN Presentation 2-26-2016

1430

2216

1135824

531 538701

556 681512 525

201

406

443

209

169

105235

70 245 68 414 335

502

0

500

1000

1500

2000

2500

3000

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Harford County Building Permits

Single Family Units Multi Family Units

Residential Construction

Data through October 2015 / U.S. Census & Harford County Permits

Page 10: 2016 OED SWN Presentation 2-26-2016

0 10,000 20,000 30,000 40,000 50,000

U.S. Social Security Administration

Giant Food

Medstar Health

University of Maryland Medical System

Walmart

National Institutes of Health

Johns Hopkins Hospital & Health System

Johns Hopkins University

University System of Maryland

Fort George G. Meade

Aberdeen Proving Ground

3rd Largest Workforce Center in Maryland by population

Maryland’s Economic Engines

Page 11: 2016 OED SWN Presentation 2-26-2016

• Third largest employer in MD ($3.7B enterprise)

• 17M SF Building Space

• 2 Airfields

• 90+ Tenants

• Army’s Premier Chem/Bio Surety Mission

• Major Range and Test Facility Base (62,000 acres)

• Growing MD National Guard Presence

• Army’s Largest Enhanced Use Leasing (EUL) Site

(415 acres)

• Unique facilities for National Research

and Development

– Sample Receipt Facility (SRF)

– Underwater Explosives Pond (UNDEX)

• 5 Centers of Excellence

• Command, Control, Communication, Computer,

Intellegence, Surveillance and Reconnaissance

(C4ISR)

• Chemical / Biological

• Medical Science

• Research & Development

• Test & Evaluation

• FY 2014 Contracts

– $10.8B total contracts awarded

– $857M contracts awarded to Maryland businesses

Demographics

Military 1,304

Civ 12,957

CTR 6,592

Total 20,853

A New Robust APG

(NOTE: as of 2013, ~8,200 Civilians ((serviced by APG CPAC)) lived in the State of Maryland)

Philadelphia - 70

Aberdeen

Edgewood

72, 000 Acres

Washington DC - 75Baltimore - 35

~ 15,800 Personnel

~ 5,000 Personnel

New York City - 170

U.S. Army Garrison, Aberdeen Proving Ground

Page 12: 2016 OED SWN Presentation 2-26-2016

APG Today – 110 Defense Contractors Established in Harford CountyEPS CorporationExeter Government ServicesFastenalFuture SkiesGDITGeneral Dynamics C4 SysHarris CorporationIEMInmarsatJanus Research Group, Inc.JRAD, Inc.Link Solutions, Inc.LinQuestLMILockhead Martin GlobalLockwood GroupMacB EnterpriseManTechMelvin May AssociatesMission 1st GroupMITRE CorporationModus OperandiMSA – Man Machine Sys AssesmtMSA – Manufacturers Svcs Assoc.MTEQNetcentricNetorianNexagenNextGen Federal SystemsNoblisNorthrop GrummanOPTEC Inc.ORISEPotomac FusionPraxis Engineering TechnologiesPrimal Innovations, Inc.

QED SystemsQinetQQuantum ResearchR4 TechnologiesRaytheonRockwell CollinsRoundTable DefenseRSC2Sabre Systems, Inc.Shonborn-Becker SystemsSigmatechSmartFix CorporationSOTERA Defense SolutionsSRC – Scientific Research CorporationSRI InternationalStrategic Alliances GroupSTGSURVICE MetrologySymbolicSyracuse Research Center (SRC)Systek - Systems TechnologyTAPETASCTelcordia Technologies, Inc.Telford AviationTelosTenax TechnologiesTRAXTrideumUniversal Solutions International (USI)URSU.S. FalconVetTCorpViaSatVRC CorporationWYLE

AASKIACE ElectronicsACETAlion ScienceAltus EngineeringARINCARTIAquate Corp.Avenge Inc.Avon ProtectionBlue CanopyBoeing Co.Bowhead TechnicalBravura Information Technology Sys. (BITS)BRTRCBurrow ManagementCACICamber CorporationCGI FederalChesapeake TestingCoherent Technical Services (CTS)Computer Sciences Corporation (CSC)Concurrent Technologies Corp. (CTC)D&SCIDAPCData IntelligenceData Matrix Solutions, Inc.Data TacticsDefense Contract Mgmt AgencyDHPC Technologies, Inc.DRC Dynamics Research CorporationDRSDSAEngineering Solutions Products, ESPENSCOEnvironics USA, Inc.EnvisionEOIR Technologies

Page 13: 2016 OED SWN Presentation 2-26-2016

• Harford County is strategically preparing for the next potential BRAC round

• Harford County recommitted CSSC with staffing, MOU through 2018 among 52 organizations

• Recently completed Joint Land Use Study (JLUS); entering implementation phase with Coordination Committee

• APG has the land availability and infrastructure to support growth in future BRAC rounds

BRAC 2017?

Page 14: 2016 OED SWN Presentation 2-26-2016

Vacancy Rates

Sq. Ft.Current Vacancy

5 Year Vacancy

Total Existing Office Space 5,691,708 16.7% 15.9%

Total Industrial Space 22,069,539 6.8% 9.6%

Source Costar Nov. 2015

Page 15: 2016 OED SWN Presentation 2-26-2016

Workforce Development

• FY 2015 – Fourteen companies were awarded $128,000 in training funds

Enterprise Zones – encompass over 12,800 acres

• Edgewood/Joppa Enterprise Zone

– 3,946 acres

– $118 million in capital investment since 2006

• Greater Aberdeen/Havre de Grace Enterprise Zone

– 8,900 acres

– $207 million in capital investment since 2006

Business Retention & Development Services

Page 16: 2016 OED SWN Presentation 2-26-2016

Proposed Mixed Office Project

• Retail

• Office

• Service

• Housing Development

• Recreational

• Recent zoning change to support mixed use

SIGNATURE DEVELOPMENT OPPORTUNITY

James Run

Page 17: 2016 OED SWN Presentation 2-26-2016

SIGNATURE DEVELOPMENT OPPORTUNITY

EAST GATE

• Two building Industrial Park 2,275,000+/- sf Industrial

• 243 Acres within an Enterprise Zone

• All Utilities

• GI- General Industrial Zoned Property

Page 18: 2016 OED SWN Presentation 2-26-2016

SIGNATURE REDEVELOPMENT OPPORTUNITY AS P3

EDGEWOOD

• Small Area Study through Office of Economic Adjustment

• Public Engagement with Aberdeen Proving Ground, community organizations

• Informational site video developed in partnership with Dresher Foundation and Harford Community College

• Brokers tour to be offered in Spring 2016

• RFI to follow

Page 19: 2016 OED SWN Presentation 2-26-2016

• Headquartered in Harford County • Knight Takes King Productions leases 190,000 sf

of space in the county.

Economic Impact

Season 1

• Hired 2,198 Marylanders

• 1,814 MD Businesses

• 292 Harford County Businesses

Season 2

• Hired 1,621 Marylanders

• 3,085 MD Businesses

• 469 Harford County Businesses

Season 3

• Hired 2,121 Marylanders

• 2,050 MD Businesses

• 470 Harford County Businesses

The economic impact to Maryland exceeded $300 million for the first three seasons, much of it in Harford County, and more than 1,400 Harford County businesses provided

products and services to support the production.

Page 20: 2016 OED SWN Presentation 2-26-2016

Tourism Activity Review Committee

• $1.8M in tourism grants through revenue generated from hotel lodging fee in FY 16

• Competitive grant process for tourism related operations or programs

• 24 organizations received support in first year