PRESENTED TO

ASSOCIATED BUILDERS & CONTRACTORS

OF CENTRAL FLORIDA

SEPTEMBER 30, 2014

WHAT GOPEP IS NOT:

• Easy to say• The economic development department of the City

of Kissimmee• The economic development department of the City

of St. Cloud• The economic development department of Osceola

County

GREATER OSCEOLA • Founded in 2013• Partners:

– City of Kissimmee– City of St. Cloud– Osceola County

• To coordinate/partner for better opportunities– Primary Point of Contact– Seamless/Transparent

ECONOMIC VISION 2025 FOR GREATER OSCEOLA AREA

• More diverse local economy • Attraction and growth of target industry clusters• Increased the community wealth with higher paying job

opportunities and less unemployment• Prepared workforce for 21st century health sciences,

manufacturing and research jobs• Seamless economic development organizations, regulations

and processes within the Greater Osceola area• Reputation: "A Great Place to Have a Business, to Live and to

Enjoy Life"

TARGET INDUSTRY CLUSTERS

• Agriculture Research/Food Production• Information Technology• Advanced Manufacturing• Life Science and Allied Health• Tourism, Entertainment and Recreation

MISSION

THE MISSION OF THE GREATER OSCEOLA PARTNERSHIP IS TO COORDINATE ECONOMIC DEVELOPMENT ACTIVITIES IN THE GREATER OSCEOLA AREA.

SHORT-TERM CHALLENGES AND OPPORTUNITIES

1. Low education level of the workforce2. Emergence of the FAMRC and Medical City as major global centers

for technology, research and manufacturing3. Tapping under utilized and recognized assets: Agriculture Research

and Food Production, Medical Research and Healthcare Services4. No common economic vision or goals for the Greater Osceola area5. Land available for economic development6. Changing land use from commercial/business to residential

development

INFRASTRUCTURE

Orlando International

Airport Medical City

SUNRAIL STATIONS

180,000 ACRES OF MASTER PLANNING

WORKFORCE

• 150,000 COUNTY RESIDENTS IN WORKFORCE• 80,000 PEOPLE EMPLOYED IN OSCEOLA

COUNTY• 7,000 UNEMPLOYED• 63,000 LEAVE OSCEOLA COUNTY TO WORK!

• 52% OF RESIDENTS COMMUTE OVER 30 MINUTES

2014-2015 ACTIONS – POLICY AGENDATop Priority1. Economic Inventory of Land, Site/Land Uses, and

Buildings2. Business Visitation Program3. Direct Marketing Program for Target Firms4. Economic Data Book5. Agricultural Economic Expansion Strategy High Priority6. Greater Osceola Marketing Program (including Internet)7. Catalog of Local Assistance and Resources

BUILD ON SUCCESS

• Colt Industries– 63 new jobs– $45,000 average salary– 16,000 sq. ft.

manufacturing facility– $2.5 million investment

BUILD ON SUCCESS• Photon-X

– 110 New Jobs– Corporate Headquarters– Research and development – Light manufacturing of imaging technology

BUILD ON SUCCESS

• RAM Finals– $11 million contract that willmove the RAM National CircuitFinals Rodeo to Osceola County – 10 years contract– Attract 60 million visitors to Osceola County

BUILD ON SUCCESS• ChampionsGate Expansion

– $21.5 million in tourist development taxes

– 100,000 sq.ft. Conference Center

– $6 million water park– 20,000 square feet retail

space

BUILD ON SUCCESS• Florida Advanced Manufacturing

Research Center– State of the Art research

center for industry collaboration in sensor design

– Osceola County - $61 million– 20-acre, pad ready site (in

200 acre business park)– University of Central Florida -

$17 million– Florida High Tech Corridor

Council - $6 million

FAMRC LOCATION

Orlando International

Airport

Medical City

UCF

FAMRCFAMRC

REGIONAL IMPACT• Arduin Associates Economic Impact Study:

– Within 10 years, increase Orlando’s high tech earnings by $380 million - $4.9 billion– Increase total earnings by $1.1 billion - $4.9 billion– Increase Orlando’s high tech jobs by 4,605 – 19,355– Increase total employment by 19,800 – 83,180– State and local tax revenue increase by $101 million - $457 million– Generate enough tax revenue to repay incentives in 3 – 10 years

THANK YOU