Garner Economic Development 2018-19 Annual Report 1 | Page 2

A MESSAGE FROM GARNER’S ECONOMIC DEVELOPMENT DIRECTOR Fiscal year (FY)19 was a banner year for Garner Economic Development. From July 2018 to June 2019 the community saw new companies locate, a renewed energy in supporting and growing small business and the transition of the Garner Economic Development Corporation (GEDC). All that was accomplished in the past 12 months will surely make FY19 a year to remember. The year started with the announcement of Amazon on August 9th, 2018. This project will result in $200 million in new real and personal property investment, $45 million in new payroll, and create 1,500 jobs. The project also led to the build out of the ultimate cross section of Jones Sausage Rd., from I-40 to the end of the southern boundary of the Amazon property. This is being accomplished with a $4.5 million grant from the North Carolina Department of Transportation and a grant from the Town of Garner of $600,000. However, Amazon was not the only announcement in FY19. Autozone announced they will be constructing a new prototype in Garner, an Autozone Mega Hub Center. The Mega Hub Center will be located on US 401. This project will bring 125 jobs and will invest over $4 million in real and personal property. These projects coupled with the completion of Martin Marietta’s aggregate testing lab in Greenfield South and the leasing 150,000 square feet in Greenfield North, made FY19 one of the busiest in recent memory. With the redevelopment of the Garner Technology Center site behind them, the GEDC Executive Board developed a new work plan to carry them into the future. This plan has been approved and will widen their scope as they continue to find impactful ways to improve and support Garner’s economic development efforts. The organization also saw two long time board members retire from the organization. Bruce W. Andrews Sr. and Elmo Vance both announced in June of 2019 they would be leaving the GEDC. Their exemplary service to the GEDC and the Garner community 2 is greatly appreciated. Their work will be seen and felt in this community for generations to come. Small business is big business here in Garner as Gearworks showed this past year. Gearworks was opened in the fall of 2018 in downtown Garner. This “bridge” space is designed to help small technology companies scale up by offering them flexible and affordable office space. Operation 36, the first tenant of the space moved into Gearworks in September 2018. You can now give Garner Economic Development a listen. This past year the department worked with the Garner Communications Department to develop two podcasts that focused on economic development related issues. The first podcast developed focused on entrepreneurship and why Garner is a great place to locate a new company. The second, focused on workforce development and included several of the department’s workforce development partners: Wake Tech, Capital Area Workforce Development and GMHS’s Career Development Coordinator. This past year saw amazing things happen in Garner. It is easy to forget that none of this year’s accomplishments would have been possible if it weren’t for the leadership we have in our town. The Town Council and other economic development partners have doubled down on their commitment to Garner’s economic development future. Garner is truly a better place because of the willingness of so many to give of themselves in the service of others. Thank you all for your help with making FY19 a year to remember.