Stillwater Roadshow

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welcome John Troughton-Senior Director, Cushman and Wakefield Greg O’Sullivan-President, Economic Development Corporation of Shasta county

Transcript of Stillwater Roadshow

Page 1: Stillwater Roadshow

welcomeJohn Troughton-Senior Director, Cushman and Wakefield

Greg O’Sullivan-President, Economic Development Corporation of Shasta county

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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

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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….

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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

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INCENTIVES

Shasta Metro Enterprise Zone Tax Credits Job Credits, Discounted Electric Rates,

expedited permits Planned Development Plan Redevelopment Project Area

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SUMMARY OF DEAL POINTS

Pricing and terms The sales process The decision process

Thanks!

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BRING US A DEAL!

Q & A