RIVERPORT COMMERCE PARK

March 2019 Conceptual Plan
riverport-commerce-park-plan

STRATEGIC ADVANTAGES


  • 13 Minute Drive Time to GPA (9.5 miles) with 1 Traffic Light via Houlihan Bridge
  • Fee-in-Lieu of Taxes Agreement in Place. 30 year term. Property Taxes Fixed at Levels Equal to or Below Properties in Close Proximity to GPA on Georgia Side of Savannah River
  • Competitive Incentives for Distribution Tenants, not just Manufacturing
  • Abundant and Highly-Motivated Workforce Who Will Find Shorter Commute and More Predictable Compensation Appealing
  • Job Tax Credits of $21,250 per job, per year (Base Level of $20,250 + $1,000 for the Multi-County Industrial Park Designation)
  • 10 Year Corporate Income Tax Moratorium for companies creating 100 new full-time jobs if 90% of taxpayer’s statewide investment is in Jasper County
  • No Inventory Tax
  • Zoned for Distribution & Manufacturing
  • Adjacent to currently inactive CSX Rail
  • Can Accommodate Yard Space or Large Parking Requirements
  • Palmetto Breeze Commuter Bus Service with Building Specific Stops
  • Located in a Qualified Opportunity Zone. OZs Offer Tax Deferral AND Elimination on Future Tax Obligation for Operating Businesses

RIVERPORT COMMERCE PARK

QUALIFIED INDUSTRIAL LABOR SUMMARY - RIVERPORT
  30 MILE RADIUS 45 MILE RADIUS 60 MILE RADIUS
POPULATION 632,413 724,292 793,983
PROJECTED POPULATION GROWTH (5 YEAR) 7.3% 6.5% 6.4%
LABOR FORCE 311,455 352,489 384,850
OVERALL UNDEREMPLOYMENT 43,859 50,145 55,021
BLUE COLLAR UNDEREMPLOYMENT 11,210 13,098 14,596
PRODUCTION & DISTRIBUTION UNDEREMPLOYMENT 6,824 7,915 8,616
OVERALL MANUFACTURING UNDEREMPLOYMENT 2,517 3,139 3,352
MAJOR SOUTHEAST US POPULATION CENTERS 2018
TOTAL POPULATION
2018-2023
GROWTH/YR. POPULATION
DRIVE TIMES
FROM RIVERPORT
Jacksonville, FL Metropolitan Statistical Area 1,653,676 1.66 2 Hours 10 Minutes
Charlotte-Concord-Gastonia, NC-SC Metropolitan Statistical Area 2,804,107 1.79 3 Hours 30 Minutes
Greenville-Anderson-Mauldin, SC Metropolitan Statistical Area 968,785 1.25 3 Hours 30 Minutes
Atlanta-Sandy Springs-Roswell, GA Metropolitan Statistical Area 6,339,977 1.48 3 Hours 50 Minutes
Orlando-Kissimmee-Sanford, FL Metropolitan Statistical Area 2,765,430 2.03 4 Hours 10 Minutes
Raleigh, NC Metropolitan Statistical Area 1,516,098 2.22 4 Hours 30 Minutes
Birmingham-Hoover, AL Metropolitan Statistical Area 1,202,607 0.49 6 Hours
Nashville-Davidson-Murfreesboro-Franklin, TN Metropolitan Statistical Area 2,120,262 1.81 7 Hours 30 Minutes
Memphis, TN-MS-AR Metropolitan Statistical Area 1,406,236 0.45 9 Hours 40 Minutes
Louisville/Jefferson County, KY-IN Metropolitan Statistical Area 1,351,945 0.71 9 Hours 45 Minutes