warners` stellian - Corridors of Opportunity
Transcription
warners` stellian - Corridors of Opportunity
SAINT PAUL PORT AUTHORITY § Seven-member Board of § Manage the Saint Paul Commissioners appointed by the Mayor Harbor § Developer of 21 Inner- T PAU IN SA Design and Development Y § Leader in Sustainable § Website – sppa.com § Email – feedback@sppa.com T Financing § 20 Employees A HORI § Provide Expansion L PORT UT City Business Centers, now containing 12.5 million square feet of building space WHY WE WANT TO TELL THIS STORY § facebook.com/Saint Paul Port Authority § twitter.com/cleandeals § Linkedin.com/company/ 428070 SAINT PAUL’S LAND PROFILE § § § § Tax Exempt Residential Commercial Industrial A A THIRD THIRD OF OF SAINT PAUL’S LAND LAND IS IS TAX TAX EXEMPT Schools, Parks, Public Buildings, Places of Worship, Recreation Centers. SAINT PAUL’S TAX-EXEMPT PROPERTY IS ICONIC INDUSTRY IS YOUR NEIGHBOR . . One third of Saint Paul land is zoned industrial A quarter of that land is in Port business centers Saint Paul AIRPORT PARKLAND / WETLAND Saint Paul Industrially Zoned Land IR, Light Industrial Restricted I1, Light Industrial I2, General Industrial I3, Restricted Industrial Port Authority Business Centers TODAY’S INDUSTRY IS WIDELY DIVERSE TRADITIONAL MANUFACTURING CUSTOM DRYWALL ONLINE DISTRIBUTION SERVICES RIVER OF GOODS/TERRYBEAR APPLIANCE SALES AND DISTRIBUTION WARNERS’ STELLIAN LOGISTICS HEALTHEAST MEDICAL COMMUNITY PARTNERS Industrial taxpayers taxpayers help Industrial helppay paythe thecost cost ofcity city services services to of to residential residentialtaxpayers taxpayers ICIC Analysis INDUSTRY IS A NET POSITIVE IN ALL ASPECTS § Industrial taxpayers pay a front-foot rate of $8.38 versus $3.41 for residences in maintenance right-of-way assessments (plowing, sweeping and repair of streets, alleys, sidewalks, lighting and trees). (City of Saint Paul) § Industrial developments are a net positive for the city. The amount of property taxes they generate is more than the cost of city services they use. Residential developments are a net deficit. The amount of property taxes they generate is less than the cost of city services they use. (2012 TischlerBise study of Metropolitan Area Fiscal Disparities Program for the Minnesota Department of Revenue) GOOD JOBS PARTNERS COMMUNITY GOOD JOBS Annual Income Averages $4,000 Source: ICIC Analysis All Saint Paul Jobs: All Saint Paul Industrial Jobs: Industrial Jobs in Port Centers: Minimum Minimum Wage: Wage $43,000 $47,600 $49,900 $15,000 ICIC Analysis ICIC Analysis PATH OUT OF POVERTY ICIC Analysis INDUSTRY EASIER PATHOFFERS TO JOBS EASIER PATH TO JOBS ... To those with a high school diploma or technical To those with training a high school diploma or technical training. Paying higher wages with diverse work work to support ... With higher wages and diverse to households support households WARNERS’ STELLIAN: A SAINT PAUL COMPANY FOR A SAINT PAUL REDEVELOPMENT WARNERS’ STELLIAN IN OUR GREAT NORTHERN BUSINESS CENTER Future Warners’ Stellian Site HIGH SCHOOL DIPLOMA /TECHNICAL TRAINING: Minimal requirement for nearly all of Warners’ 125 jobs 64: Warners’ employees living in Saint Paul GREAT NORTHERN PRE-DEVELOPMENT FORMER FOUNDRY SITE 26: Warners’ employees living in nearby Saint Paul neighborhoods WARNERS’ STELLIAN MAY 2005 $15.69 an hour: Average Warners’ wages for these jobs: . . . . WARNERS’ STELLIAN NEARLY THERE . . . . . . . . Customer Service Techs Delivery/Installer Forklift Operator Receiving/Shipping Clerks General Laborer Delivery Coordinator Accounting Clerks Purchasing Assistant Website Administration Graphic Design Outside Sales Receptionist WARNERS’ STELLIAN TODAY ARLINGTON-JACKSON IN SAINT PAUL’S NORTH END PRE-DEVELOPMENT 1997 PORT A UT T PAU L IN HORI T Y SA POST-DEVELOPMENT 2012 JOBS: 23 ANNUAL PROPERTY TAXES: $67,773 NEW BUSINESSES: 5 JOBS: 570 ANNUAL PROPERTY TAXES: $627,648 EMPIRE BUILDER IN SAINT PAUL’S NORTH END NEIGHBORHOOD PRE-DEVELOPMENT 1985 PORT A UT T PAU L IN HORI T Y SA POST-DEVELOPMENT 2012 JOBS: 20 ANNUAL PROPERTY TAXES: $50,000 NEW BUSINESSES: 13 JOBS: 466 ANNUAL PROPERTY TAXES: $656,372 GOOD QUALITY JOBS EQUAL PROSPEROUS COMMUNITIES Greater career diversity FULL-TIME, YEAR-ROUND (2080 HOURS/YEAR) LIVING WAGE ($11+/HOUR FOR ENTRY LEVEL) BENEFIT PACKAGE AVAILABILITY (HEALTH, VACATION, RETIREMENT) GOOD QUALITY JOBS EQUAL GOOD PROSPEROUS BUSINESS COMMUNITIES Greater career diversity INDUSTRY IS YOUR NEIGHBOR . . One third of Saint Paul land is zoned industrial A quarter of that land is in Port business centers Saint Paul AIRPORT PARKLAND / WETLAND Saint Paul Industrially Zoned Land IR, Light Industrial Restricted I1, Light Industrial I2, General Industrial I3, Restricted Industrial Port Authority Business Centers