Health & Beauty Products Distribution Center- Incentives Case Study

Project Description: 

Incentives Negotiated On a Local Level

  • Locals stepped up to off-set the state’s role (county, port authority, city)
  • Capped fees and permits
  • Arranged meetings, organized resources, secured funds
  • Reduced land price – 80 acres at $2,500/acre
  • Real property tax abatement of 100% for 10 years.
  • Accelerated building plan review and permitting process
  • Utilities and roadways extended to the property at no cost to client.
  • Employment services – interviewing, background checks, drug screening
  • Boundary survey of 80 acre parcel
  • Complete civil engineering package to include:
    • Site plan
    • Storm water detention design
    • Grading plan and all site improvement documents
    • Site dimension plan
    • Utility plan to be coordinated with building designer
    • Soil erosion control plan
    • Earthwork calculations to be coordinated with the building engineer

On a State Level

There was limited involvement by the state on this project. State incentives included:

  • Ohio Job Creation Tax Credit- $800,415
  • Machinery & Equipment Sales Tax Elimination- $4,550,000
  • Ohio Investment in Training Program Grant- $200,250
  • Tangible Personal Property Tax Elimination- $499,281
  • Roadwork Development (629) Account Grant- $500,000
  • 166 Direct Loan- TBD
  • Ohio Enterprise Bond Fund- TBD
  • Total Value of Estimated State Incentives- $6,549,946

Austin Services Provided

  • Labor Analysis
  • Community and Property Selection
  • Due Diligence
  • Incentives Negotiation
Project Stats: 

Project Investment: $117 Million
Labor Requirments: 500 by 2013
Site Size: 40-60 usable acres
Building Size: 590,000 SF

Location: 

Original Search Area: East Central Ohio, Central Indiana, Northern Kentucky
Final Location: Selected 70 acre site in Zanesville, Ohio (50 miles east of Columbus)

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