2017-18 Economic Development Annual Report--Town of Garner, NC 2017-18 Economic Development Annual Report | Page 4

Annual Report - 2017/18
Garner Economic Development
Business Attraction
74 %
of attraction proposals
came from advanced
manufacturing
65 requests for information
were submitted to the depart-
ment valued at over $4.5 billion
in potential new investment in
2017-2018. This was a substan-
tial increase from the previous
year. Over 70% of these projects
65
were manufacturing related,
showing the continued trend for
re-shoring manufacturing back to
projects requested info
from Garner’s Economic
Development office
the United States is still growing.
This increase in request for sites
comes at a time when space avail-
ability across the entire Triangle
market is limited. The depart-
ment is working with developers
to put new product in Garner that
will accommodate the growing
demand for commercial space.
Amazon Selects
Garner Technology Center
Town of Garner officials are hailing Amazon’s of the ConAgra plant where a deadly explo- investment by ConAgra at the site, while the
selection of the Garner Technology Center as sion occurred in June 2009. The investment number of employees at the facility will be
the location for a new 2.6-million-square-foot, will create an estimated 1,500 jobs, making the several hundred more than peak employment
state-of-the-art distribution center. distribution center Garner’s largest employer. at the ConAgra plant. Town Manager Rodney
Amazon hopes to open the center by fall 2019. Dickerson noted that the new investment will
The Seattle-based e-commerce company will
invest approximately $200 million in the site The e-retailer’s investment in Garner will be
on Jones Sausage Road, formerly the location approximately four times the amount of peak
47 %
increase in proposed
investment from
attraction proespects
P rojects by
I ndustry
P rojects
S ubmitted P roposed
I nvestment P otential
J obs
Advanced Manufacturing 48 $ 3,615,200,000 10,010
Biotech/Pharmaceuticals 3 $ 330,000,000 530
Distribution 3 $ 100,000,000 2,300
Headquarters 2 $ 5,000,000 210
Other Industries 11 $ 644,000,000 4,495
2017-2018 T otals 65 $3,723,100,000 17,545
S pace
R equests S quare F ootage
N eeded A creage
N eeded
Class A Office 6 630,000 30
Flex Space 2 70,000 3
R&D/Laboratory 1 150,000 -
Industrial 39 7,474,000 443
Land 29 2,660,0000 1,825
10,984,000 2,301
T ype of S pace
R equested
T otals
help the Town move closer toward a 50-50 bal-
ance of commercial and residential tax base.
It is expected that the distribution center
will add approximately $45 million annu-
As a result of this major
new investment in our
community, our citizens will
have to shoulder less of the tax
burden in the years ahead,” Town
Manager Rodney Dickerson said.
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ally in new payroll in Garner. “That ad-
ditional payroll will have positive ripple
effects throughout our local economy,”
Garner Economic Development Di-
rector Joe Stallings said.
“Amazon is obviously a stable,
fast-growing company, and they
will be in this community for the
long haul,” Stallings said. “We
are thrilled to welcome the
company to our community,
and we know they will be a
BAKER ROOFING FERGUSON EXPANSION NEW FLEX SPACE
In spring of 2018 Baker Roofing an- Ferguson Fire-Fabrication is the first Mason Properties completed their
nounced they would be moving their tenant in the most recent Duke Realty second building in Greenfield North
corporate head quarters to Garner’s space in Greenfield Park North. Fergu- with the opening of 515 Greenfield
former Kmart facility. This will result in son will lease 60,000 sq. ft. in the 1001 North Pkwy. This new 25,000 sq. ft.
the complete renovation of the former Greenfield North building. space adds much needed flex space to
retail space and an estimated 600 new the Garner market and will allow the
jobs in Garner. department to continue to recruit com-
panies looking for existing space.
great addition to Garner.”
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