Laserfiche WebLink
Shovel-Ready Program Overyiew Page 5 of 5 <br /> If the site iswihin an Industrial park,the conipanywill want to review all covenants and restrictions that are <br /> unposed on the park residents. <br /> Transportation Logistics <br /> Access to Interstate <br /> Rail Access <br /> Air Access <br /> Port Access <br /> Other Considerations <br /> There are other resource factors that a company may review in selecting a site that go beyond the site itself. <br /> These are very critical needs for certain types of companies and operations and the community should be <br /> aware of them, <br /> She and Quality(Skirl Levels)of Labor Force <br /> In the location screening process the project team normally profiles the county or MSA for current population <br /> levels,five year growth trends,education levels of residents,unemployment rates,and employment levels for <br /> specific Industries.Frequently,the company or Its consultant will interview existing employers to determine <br /> labor quality and supply issues as well as length of average commute distance and time.After a site is <br /> selected,the company may plot and quantify the labor resources within the stated commute distance. <br /> Quality of Life Factors <br /> For operations that require a significant relocation of staff(e.g.,R&D facility.IT support center,headquarters, <br /> etc.),the community quality of life attributes will be a serious consideration and include:cost/availability of <br /> housing,quality of K-12 education,access to universities,health care fadlities and cost,recreation/cultural <br /> options,social organizations and meeting places(coffee shops,unique restaurants,etc.)and other factors. <br /> Access to Certain Amenities and Support Services <br /> Some companies will want to have local access to amenities and services such as a health club/gym/walldng <br /> trail,restaurants and hotels for guests,business service providers,and others. <br /> Parting Thoughts <br /> 1 N <br /> The site certification program demonstrates to prospective companies that the community or owner of the <br /> site has made a significant Investment to prepare the site prior to marketing.This Investment relates to lower <br /> cost and risk for the company. <br /> The consistency of what is defined as certifier/will determine the credibility of the program and buy-in by <br /> prospective companies. <br /> Companies don't acquire just a site but the access to a package of resources—that will vary in scope by <br /> company,by type of operation,and by life cycle stage of company. <br /> Not all companies are seeking dirt Many will be attracted to a site that has a spec building,frequently a flex <br /> building. <br /> It is very important for communities to realistically define what types of industries and companies would be <br /> most appropriate for a given site.Without this realistic expectation,the community may be waiting for the bus <br /> that just never comes. <br /> http://mn.gov/deed/governlment/shovel-ready/prografn-overview/ 6/10/2014 <br />