Stillwater Roadshow
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Transcript of Stillwater Roadshow
welcomeJohn Troughton-Senior Director, Cushman and Wakefield
Greg O’Sullivan-President, Economic Development Corporation of Shasta county
REDDING-THE BUSINESS CENTER OF UPSTATE
CALIFORNIA
With a population of over 90,000-the largest city north of Sacramento
Strategically located on interstate 5 Abundant labor supply, lower operating
costs and competitively priced and reliable electric and water utilities
REDDING’S STILLWATER BUSINESS PARK-WHY?
Understanding the needs of industry-”ready to go”, large sites.
Strengthening the economy by adding quality office and industrial employers
Strong business and community support for job creation and growth
Redding’s investment of time and financial resources takes the burden off….
STILLWATER PHASE I-OPEN FOR BUSINESS
Grand opening-August, 2009 16 sites Up to 130 acres Redding Electric Utility, reliable, low
cost power Suitable for office and industrial tenants Recent new companies-Blue Shield,
State Fund, Captive Aire & Southern Aluminum Finishing
INCENTIVES
Shasta Metro Enterprise Zone Tax Credits Job Credits, Discounted Electric Rates,
expedited permits Planned Development Plan Redevelopment Project Area
SUMMARY OF DEAL POINTS
Pricing and terms The sales process The decision process
Thanks!
BRING US A DEAL!
Q & A