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ÖÖ11
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§̈¦96
Fairfi
eld Av
e
Collin
dale
Ave
6 Mile Rd
4 Mile Rd
Walkent Dr
Leonard St
Wilso
n Ave
Mullin
s Ave
Elmridge Dr
8th Av
eWalker Ave
8th Av
e
5 Mile Rd
Charl
otte A
ve1st Ave
Kinne
y Ave
North Ridge Dr
Brow
nwoo
d Ave
Maple
row Av
e
2nd Ave 3 Mile Rd
Fruit Ridge Ave
Peac
h Ridg
e Ave
Peac
h Ridg
e Ave
Johnson St
Remembrance RdKu
sterer
Dr
Lincoln St
Kinne
y Ave
Wilson Dr
8th Av
e
Walke
r Ave
3 Mile Rd
Oakle
igh R
d
Rosa
lie Av
e
Windemere Dr
Wood
row Av
e
5 Mile Rd Baum
hoff A
ve
4 Mile Rd
Carpe
nter A
ve
Keno
wa Av
e
Stage Ave
Leonard St
Ironwood Dr
8th Ave
Keno
wa Av
e
Garfield St
Hendershot Ave
AlpineTownship
WrightTownship
TallmadgeTownship
City ofWalker
City ofGrandRapids
Source: 2014 Nielsen Employment DataDisclaimer: GVMC makes no warranty or guarantee regarding maps or other information provided herein. GVMC assumes no liability for errors, omissions, or inaccuracies that result in any decisions made or action taken upon any maps or information presented.
0 0.5 10.25 Milesµ
I-96 Fruit Ridge Bridge Data Analysis: Employment
Legend"J Bridge Location
Businesses1 Mile Radius2 Mile RadiusGovernment Unit
1 Mile = 6,779 Employees2 Miles = 11,892 Employees
"J
ÖÖ11
ÖÖ11 §̈¦96
Fairfi
eld Av
e
Collin
dale
Ave
6 Mile Rd
4 Mile Rd
Walkent
Dr
Leonard St
Wilso
n Ave
Mullin
s Ave
Elmridge Dr
8th Av
eWalker Ave
8th Av
e
5 Mile Rd
1st Ave
Kinne
y Ave
North Ridge DrMa
plerow
Ave
2nd Ave 3 Mile Rd
Fruit Ridge Ave
Peac
h Ridg
e Ave
Peac
h Ridg
e Ave
Johnson St
Remembrance RdKu
sterer
Dr
Lincoln St
Kinne
y Ave
Wilson Dr
8th Av
e
Walke
r Ave
3 Mile Rd
Oakle
igh R
d
Rosa
lie Av
e
Windemere Dr
Wood
row Av
e
5 Mile Rd Baum
hoff A
ve
4 Mile Rd
Carpe
nter A
ve
Keno
wa Av
e
Stage Ave
Leonard St
Ironwood Dr
8th Ave
Keno
wa Av
e
Garfield St
Hendershot Ave
46
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5
11
14
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123
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AlpineTownship
WrightTownship
TallmadgeTownship
City ofWalker
City ofGrandRapids
Source: 2010 US Census BlocksDisclaimer: GVMC makes no warranty or guarantee regarding maps or other information provided herein. GVMC assumes no liability for errors, omissions, or inaccuracies that result in any decisions made or action taken upon any maps or information presented.
0 0.5 10.25 Milesµ
I-96 Fruit Ridge Bridge Data Analysis: Population
Legend"J Bridge Location
1 Mile Radius2 Mile RadiusGovernment Unit
2010 Pop by Census Block0 - 2526 - 5051 - 100101 - 250> 250
1 Mile = 1,639 People2 Miles = 10,014 People
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ÖÖ11
§̈¦96
Fairfi
eld Av
e
Collin
dale
Ave
Wilso
n Ave
Mullin
s Ave
8th Av
eWalker Ave
8th Av
e
5 Mile Rd
Charl
otte A
ve1st Ave
Kinne
y Ave
North Ridge Dr
Brow
nwoo
d Ave
Maple
row Av
e
2nd Ave
Fruit Ridge Ave
Peac
h Ridg
e Ave
Peac
h Ridg
e Ave
Kuste
rer D
r
Lincoln St
Johnson St
Wilson Dr
8th Av
e
Walke
r Ave
3 Mile Rd
Oakle
igh R
d
Rosa
lie Av
e
Windemere Dr
Wood
row Av
e
Baum
hoff A
ve
4 Mile Rd
Keno
wa Av
e
Stage Ave
Leonard St
Ironwood Dr
8th Ave
Keno
wa Av
e
Garfield St
Hendershot Ave
AlpineTownship
WrightTownship
TallmadgeTownship
City ofWalker
City ofGrandRapids
Source: 24 Hour volumes taken by OCRC, KCRC, MDOT, & City of GRDisclaimer: GVMC makes no warranty or guarantee regarding maps or other information provided herein. GVMC assumes no liability for errors, omissions, or inaccuracies that result in any decisions made or action taken upon any maps or information presented.
0 0.5 10.25 Milesµ
I-96 Fruit Ridge Bridge Data Analysis: Average Daily Traffic
Legend"J Bridge Location!( Traffic Count
1 Mile Radius2 Mile RadiusGovernment Unit
Economic Reasons for the Fruit Ridge Bridge Renovation The economic and labor market justification for renovations for the Fruit Ridge Bridge are clear.
The region has added thousands of jobs in recent years that have increased the flow of traffic into the immediate area around the bridge. For example, the number of individuals who live outside of a two mile radius of the bridge, but who work within the two mile radius of the bridge increased from 5,325 in 2010 to nearly 12,000 in 20121. This data, which is the most recent available from the Census Bureau, represents an increase of more than 120% in just two years. Please see attached maps.
Based on recent business development expansion and attraction projects facilitated by The Right Place and the City of Walker, such as the Plasan Carbon Composite expansion (620 jobs), the Plasan North America attraction project (120 jobs), and the Irwin Seating expansion (60 jobs) it is clear the explosive growth in commuters into the immediate area around the bridge is continuing. Such a substantial increase in job traffic flow, as well as the increase of business products being transported on the roads, solidifies the necessity of an updated bridge that can handle the traffic.
This increase in traffic is only grazing the surface of the economic growth present in this region. The planned connection of Northridge Drive represents the growing pressure for better access to Fruit Ridge as a north-south connection for the exploding fruit growers and food processing as well as the manufacturing industries. Another expected economic development plan in the immediate area of the Fruit Ridge bridge is the Walker View property site, owned by Rockford Construction, which plans to be developed by 1-2 large industrial users, which will add increased commuter and business traffic as well additional revenue and investment for the region. The plan for the site is to host large industrial users, whose employees and truck drivers need well-maintained roads such as the Fruit Ridge Bridge. Also, Meijer has increased its rate of growth of new stores in and outside of Michigan. With the recent expansion, Meijer has increased the number of employees operating out of its corporate office in Walker.
The bridge is vital to the connection to the highway, which is what makes these companies have the ability to transport their products to other consumers. Businesses within the zip codes 49544 and 49534 produce an annual cumulative revenue of $ 1.2B2, $3.96B in exports and have a gross regional product of $1.96B3.This revenue would be far less without the convenient use of the highway transportation system located in Walker. Businesses would not have the ability to attract as many workers because of the increased commuting time without a renovated bridge. Businesses themselves would not be as attracted to the area because of their lack of ease in transporting goods in and out of the area. Transportation will become more expensive, detracting companies that rely on mass transportation.
Past and Current Growth
According to EMSI, the total number of jobs within zip codes of 49534 and 49544 between 2010 and 2015 grew from 19,773 to 23,426 (a growth rate of 18%). During this period manufacturing jobs grew by more than 2,000 jobs (46% growth). Much of this growth was a recovery from the previous loss of jobs during the recessionary years; however, as mentioned earlier, companies such as Plasan are continuing to
1 Source: The U.S. Census tool On the Map 2 Source: Factiva 3 Figure 5
expand and grow in the region. It’s also important to note that the residential population in these zip codes grew by 2% from 2010-2015.4 Potential Growth Opportunities
Aside from increased commuter traffic and increased jobs in the area around the Fruit Ridge bridge, there are additional areas for growth in the region. According to the Commercial Area of Realtors for West Michigan commercial real estate database, there are currently 28 vacant industrial buildings and lots for sale or lease in Walker. If we assume an 80% (22 of the 28 buildings) occupancy rate5, then the potential new revenue created by the new tenants could exceed $60M6, between 330-6607 new jobs, $11.1M-$22.2M8 in new payroll, and $83K-$167K9 in new payroll tax revenue. This potential growth, can only be fostered by the ease of highway accessibility brought from the renovation of the Fruit Ridge Bridge. Agglomeration Economies
The bridge is a way to attract all types of business and is a great way to ensure that similar businesses, who rely on highway transportation and who produce similar products, are located within close proximity of each other. This close proximity fosters the sharing of ideas, techniques, resources, and space. The agglomeration of certain industries benefits not only the businesses, but also the surrounding community. This information can be used to improve efficiency not only in technical business activities, but also in hiring techniques and importing goods. All types of businesses benefit from this type of interaction, and without a renovated bridge that allows for increased use, this type of development is less likely to occur. Figures
4 Source: Economic Modeling Specialists International (EMSI)/www.economicmodeling.com 5 This occupancy rate is based off of the Colliers International Report on the vacancy rate of suburban space from the third quarter of 2014. 6 Figure 2 7 Figure 3 8 Figure 4 9 Figure 4
Plasan Carbon Composites
620 jobs
$29M investment
$20.2M in new payroll Irwin Seating Company
60 jobs
$1.9M investment
$2.2M in new payroll Plasan North America
120 jobs
$12.3M investment
$5.7M in new payroll Challenge Manufacturing
40 jobs
$2.28M investment
$724K in new payroll
Figure 1: Job Information10
Figure 2: Vacant buildings/Land available for construction – 2811
Percent occupancy Number of Spaces Occupied
Potential new revenue
80%12 22 $60.28M
Figure 3: Potential New Jobs – 15-30 new employees per business13
Percent occupancy Interval of new employees
80% 330-660
Figure 4: Potential New Payroll – assuming annual salary of $33,76114
Percent Occupancy Interval of new payroll Potential New Payroll Tax Revenue15
80% $11.1M-$22.2M $83K-$167K
Figure 5: Regional Economic Data (Zip codes 49544 & 49534)16
Exports (2014) $3.96B
Gross Regional Product (GRP)
$1.96B
% Change in Population (2010-2014)
14.5%
Total Revenue from all businesses17
$ 1.2B
Recent Expansion & Attraction Projects in Walker
10 Source: The U.S. Census tool On the Map 11 Annual revenue of $2.74M (using average annual revenue for all businesses with the zip codes 49544 & 49534).
The outliers, Challenge Manufacturing Company and Triangle Associates Inc., were not used as part of the computation average. 12 http://www.colliers.com/-
/media/Files/MarketResearch/UnitedStates/MARKETS/West%20Michigan/2014/Q3%202014_West%20Michigan%
20Office_Market%20Report.pdf
13 Based off of range of employees for businesses with an annual revenue between $2M-$3M 14 The average salary of the four recent expansions highlighted on the next page 15 Assuming that half of the workers are residents of Walker and half are not 16 Source: Economic Modeling Specialists International (EMSI)/www.economicmodeling.com 17 Source: Factiva (Excluding Meijer, Inc. and Alexis Manufacturing Company revenue)
Year 2010 2012 % Change
Inflow of jobs 5,325 11,885 123.2%
Outflow of jobs 4,103 3,844 -6.3%
Commuting within the two mile radius
132 305 131.1%
...OnTheMapInflow/Outflow ReportAll Private Jobs for All Workers in 2010Created by the U.S. Census Bureau’s OnTheMap http://onthemap.ces.census.gov on 07/06/2015
Inflow/Outflow Counts of All Private Jobs for Selection Area in 2010
All Workers
Map Legend
Selection Areas. Analysis Selection
Inflow/Outflow. Employed and Live in Selection Area
. Employed in Selection Area, LiveOutside
. Live in Selection Area, EmployedOutsideNote: Overlay arrows do not indicatedirectionality of worker flow betweenhome and employment locations.
Page 1 of 3
Inflow/Outflow Counts of All Private Jobs for Selection Area in 2010
All Workers
Worker Flows
5,473 - Employed in SelectionArea, Live Outside3,743 - Live in Selection Area,Employed Outside135 - Employed and Live inSelection Area
Inflow/Outflow Counts of All Private Jobs for Selection Area in 2010
All Workers
2010Worker Totals and Flows Count Share
Employed in the Selection Area 5,608 100.0Employed in the Selection Area but Living Outside 5,473 97.6Employed and Living in the Selection Area 135 2.4
Living in the Selection Area 3,878 100.0Living in the Selection Area but Employed Outside 3,743 96.5Living and Employed in the Selection Area 135 3.5
Page 2 of 3
Additional Information
Analysis Settings
Analysis Type Inflow/OutflowSelection area as N/AYear(s) 2012, 2010Job Type All Private JobsSelection Area Selection Area Address buffered 2.00 milesSelected Census Blocks 165Analysis Generation Date 07/06/2015 15:56 - OnTheMap 6.4Code Revision 470a292ba155bd70552010d31ea60fbc05d5c4e9LODES Data Version 20150703
Data Sources
Source: U.S. Census Bureau, OnTheMap Application and LEHD Origin-Destination Employment Statistics (Beginning of QuarterEmployment, 2nd Quarter of 2002-2011).
Notes
1. Race, Ethnicity, Educational Attainment, and Sex statistics are beta release results and are not available before 2009.2. Educational Attainment is only produced for workers aged 30 and over.3. Firm Age and Firm Size are not available before 2011.4. Firm Age is only available for All Private Jobs and only for Work areas.5. Firm Size is only available for All Private Jobs and only for Work areas. For firms 1 year and older, firm size is the national sizeof the firm in March of the previous year.
Page 3 of 3
...OnTheMapInflow/Outflow ReportAll Private Jobs for All Workers in 2012Created by the U.S. Census Bureau’s OnTheMap http://onthemap.ces.census.gov on 07/06/2015
Inflow/Outflow Counts of All Private Jobs for Selection Area in 2012
All Workers
Map Legend
Selection Areas. Analysis Selection
Inflow/Outflow. Employed and Live in Selection Area
. Employed in Selection Area, LiveOutside
. Live in Selection Area, EmployedOutsideNote: Overlay arrows do not indicatedirectionality of worker flow betweenhome and employment locations.
Page 1 of 3
Inflow/Outflow Counts of All Private Jobs for Selection Area in 2012
All Workers
Worker Flows
12,207 - Employed in SelectionArea, Live Outside3,604 - Live in Selection Area,Employed Outside295 - Employed and Live inSelection Area
Inflow/Outflow Counts of All Private Jobs for Selection Area in 2012
All Workers
2012Worker Totals and Flows Count Share
Employed in the Selection Area 12,502 100.0Employed in the Selection Area but Living Outside 12,207 97.6Employed and Living in the Selection Area 295 2.4
Living in the Selection Area 3,899 100.0Living in the Selection Area but Employed Outside 3,604 92.4Living and Employed in the Selection Area 295 7.6
Page 2 of 3
Additional Information
Analysis Settings
Analysis Type Inflow/OutflowSelection area as N/AYear(s) 2012, 2010Job Type All Private JobsSelection Area Selection Area Address buffered 2.00 milesSelected Census Blocks 165Analysis Generation Date 07/06/2015 15:56 - OnTheMap 6.4Code Revision 470a292ba155bd70552010d31ea60fbc05d5c4e9LODES Data Version 20150703
Data Sources
Source: U.S. Census Bureau, OnTheMap Application and LEHD Origin-Destination Employment Statistics (Beginning of QuarterEmployment, 2nd Quarter of 2002-2011).
Notes
1. Race, Ethnicity, Educational Attainment, and Sex statistics are beta release results and are not available before 2009.2. Educational Attainment is only produced for workers aged 30 and over.3. Firm Age and Firm Size are not available before 2011.4. Firm Age is only available for All Private Jobs and only for Work areas.5. Firm Size is only available for All Private Jobs and only for Work areas. For firms 1 year and older, firm size is the national sizeof the firm in March of the previous year.
Page 3 of 3
