APG BRAC APG BRAC Development Development OpportunitiesOpportunities

May 12, 2011May 12, 2011

Why Choose New Castle Why Choose New Castle County?County?

Low tax ratesLow tax rates– No sales taxNo sales tax– Ranked #3 lowest combined Ranked #3 lowest combined

state/local taxes in the state/local taxes in the nationnation

Available infrastructureAvailable infrastructure– Sewer, water, school Sewer, water, school

capacitycapacity Quality of lifeQuality of life

– Parks, museums, sports, Parks, museums, sports, attractionsattractions

– Many housing optionsMany housing options Schools and hospitalsSchools and hospitals Diverse economyDiverse economy

Cost of Living ComparisonCost of Living Comparison

100%100% 12.49%12.49% 29.4829.48%%

9.94%9.94% 10.73%10.73% 4.07%4.07% 32.9332.93%%

Price to Price to DelawarDelawar

ee

LocationLocation ComposiCompositete

FoodFood HousinHousingg

UtilitieUtilitiess

TransportatiTransportationon

MedicaMedicall

Misc.Misc.

Newark, DENewark, DE 105.4105.4 116.0116.0 97.397.3 125.3125.3 101.2101.2 114.0114.0 104.0104.0 - - - - - - - - - - - -

APG, MDAPG, MD 122.5122.5 109.8109.8 163.2163.2 121.5121.5 102.8102.8 98.398.3 101.4101.4 +15.89+15.89

Eatontown, Eatontown, NJNJ

122.9122.9 106.4106.4 151.7151.7 119.9119.9 103.6103.6 110.2110.2 112.8112.8 +16.27+16.27

Source: ACCRA, 2009

National Average Index of 100

Workforce Workforce DistributionDistribution Mid-ScenarioMid-Scenario

Population Distribution by Population Distribution by CountyCounty Mid-ScenarioMid-Scenario

BRAC Business Successes

I moved to Delaware with BRAC almost a year ago. We did a lot of research and went between Belair and DE. We also chose DE because of the schools. Our school district is great. I am disappointed in the article (News Journal 7/11/2010) that it only mentions Academy Hill. We live in a neighborhood that has 4 BRAC families now and at least 2 more coming. It takes my husband 35 min to get to work. I am happy with our decision to move to DE. SanDee 123 (lives in Appoquinimink School District)

“The wave is starting; Benchmark Builders has sold a half dozen homes to BRAC transfers in its Academy Hill development” Steven Bomberger, Benchmark Builders (News Journal 7/11/2010)

BRAC Business Successes

““Hi Karl,Hi Karl,

It was nice to see you at the Nordstroms Event. It was nice to see you at the Nordstroms Event. What a party! Anyway, just wanted to let you What a party! Anyway, just wanted to let you know that we have had many calls, currently know that we have had many calls, currently we are housing 4 BRAC families and I believe we are housing 4 BRAC families and I believe we have taken applications on a couple more.”we have taken applications on a couple more.”

Sally PrendergastSally Prendergast

Pettinaro Relocation Pettinaro Relocation

4/13/20114/13/2011

Educational ExcellenceEducational Excellence

University of Delaware is the closest major university to APG

CRADA signing in January, 2010 (27 SOWs)– $19.5 million DOD grant

272 acre Chrysler site expansion In-state tuition for BRAC transfers Fort Monmouth programs under development

– Systems Engineering Certificate– Undergraduate Scholars Program– Research with RDECOM and ECBC– Master in Software Engineering– Student internships

Getting from Here to ThereGetting from Here to There

“A viable solution was developed to separate freight and passenger train movements via a new dedicated freight track (Track F) between NS’ Newark Yard and Davis interlocking. The study also identified Davis Wye location for overnight storage of commuter rail train sets to support the Newark terminus for the SEPTA line, the MARC Penn line, or both”.

Economic DevelopmentEconomic DevelopmentInfrastructureInfrastructure

Rail Rail

RoadsRoads

Sewers/LibrariesSewers/Libraries

*Newark Train Station- $3M Tiger II

* Chesapeake Connector Study - $150K WILMAPCO

* Third Track Project – $45M FRA/DELDOT

* Bond Sale - $90.8M NCC

Sub-Regional Investment Studies - $100K WILMAPCO

Economic DevelopmentEconomic DevelopmentFinancialFinancial Incentive PlansIncentive Plans

PBF – 5-year Property Tax Exemption

Fisker - 10-year 50% Property Tax Exemption

State CEDS Newark CEDS Rt.9/13 CEDS CE Clark proposing a New

Castle County Economic Development Fund

Economic DevelopmentEconomic DevelopmentMarketingMarketing

Print MediaPrint Media Electronic MediaElectronic Media Executive Executive

Information Information PacketsPackets

Regional Business Regional Business Fairs/Trade ShowsFairs/Trade Shows

BRAC Relocation BRAC Relocation Guides/Residential Guides/Residential ToursTours

New Castle County BRAC Web New Castle County BRAC Web SiteSite

www.nccde.org/BRACwww.nccde.org/BRAC

Thank You!Thank You!