[PUBBY]

Destination Paulding ... Arrival Time NOW!   Paulding partners with Panattoni Jobs announcement anticipated  Panattoni Development has been selected to partner with the Paulding County IBA and Paulding County Economic Development for development of the 125 acre Paulding Commerce Park on Bill Carruth Parkway. Panattoni Development was already assisting PCED and the IBA with a significant international project interested in Paulding. "We brought them on board in March to help us with an international project that needed a developer with experience in developing high end manufacturing facilities. They became part of our team, won the confidence of our client and in the process convinced us they were the best choice to be our development partner. Hopefully we will be able to announce the project very soon." said Jamie Gilbert, executive Director of the Paulding County Economic Development. "In just over a year the progress we have made in economic development is remarkable." said Paulding County Commission Chairman David of the partnership. "There was a lot of groundwork needed to get us to the point where we could successfully go out and recruit Fortune 500 and high profile international firms to Paulding. Real estate product and incentives were two key components we lacked. We have gotten the incentives through our new opportunity zone and by applying an aggressive property tax abatement strategy for projects. Now we are getting the real estate product needed and Panattoni Development will be a tremendous asset to that effort," said Austin. Blake Swafford, Executive Director of the IBA said selecting a developer was essential to the county's ability to develop the product needed to attract new industry to the county. "We were looking for a partner with a proven track record, strong capital abilities and an international platform. That's exactly what we've gotten with Panattoni." The Paulding Commerce Park is located in the recently approved Paulding County/City of Dallas Opportunity Zone which allows new and expanding businesses in the Park to receive some of the highest incentives available in Georgia. Paulding Commerce Park is located in Paulding's fast growing corporate corridor which will be the future home of the $150 million WellStar Paulding Hospital currently under construction, the recently opened Atlanta Film Studios where Legendary Films is shooting the Jackie Robinson movie "42", the Hiram Retail Area and the new East Hiram Parkway which will provide a by-pass around Hiram improving access to Interstate 20 and Hartsfield Jackson Atlanta International Airport. The property has a unique environment that features a lake and access to the silver comet trail providing for a campus setting that is unlike anything currently available in Paulding. The Park has a build-out potential of over 500,000 square feet of investment grade industrial product capable of accommodating several manufacturing firms employing 500-1,000 people. Panattoni Development significantly elevate Paulding's business recruitment efforts. "(This partnership) establishes instant credibility with our clients and is a tremendous asset to our economic development efforts." said Gilbert. Mike Gray a partner with Panattoni Development and the head of the firm's Atlanta operations has worked with both PCED and the IBA since late 2011 and says the partnership was one that the company coveted. "Paulding is a forward thinking community with strong leadership, a quality land platform, and a clear vision. We believe in Paulding County and are thrilled to have the opportunity to serve its citizens in this effort." Panattoni Development was chosen because of its relationships with Fortune 500 companies like Amazon.com, BMW, Bridgestone/Firestone, Clorox, Home Depot, Georgia-Pacific, General Electric, Unilever and Whirlpool. The site is owned by the IBA and will be developed as a Class A business park giving bPaulding a location capable of attracting companies capable of creating hundreds of jobs in one fell swoop. Panattoni Development is a 25 year old private company that has developed over 156 million square feet of investment grade industrial property and is the largest private developer and industrial developer in the United States. The company was recognized by the Atlanta Business Chronicle as the Top Industrial Developer in Georgia for 2007, 2009 and 2010 and has 28 offices in the U.S. Canada and Europe representing 29 states and 9 countries.

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[feelip]

Sounds like some folks have been working.

This post has been edited by feelip: 28 June 2012 - 09:19 AM

[Blondiega1]

Do I understand correctly that they are building an Office Park?
Did I miss the part where it says what businesses will be in that Office Park?

I hope this is not going to be yet ANOTHER empty Office Park/ Retail development.
I really really do.
We desperately need something OTHER than retail jobs around here.

[PUBBY]

Blondiega1, on 28 June 2012 - 09:31 AM, said:

Do I understand correctly that they are building an Office Park?
Did I miss the part where it says what businesses will be in that Office Park?

I hope this is not going to be yet ANOTHER empty Office Park/ Retail development.
I really really do.
We desperately need something OTHER than retail jobs around here.

Read the story. Listen to the video below.

Essentially, we've developed an incentive package that is on par with that the state would approve for a development in south Georgia where there is little else other than incentives whereas we have access to the transportation of center of Atlanta including rail, air and Internet ... as well as the cultural advantages/housing/quality of life of being in the Atlanta Metro Area.

Said a bit differently, we've got the best package for marketing of a location in Georgia. None of the other metro counties can touch our incentives and Georgia/Atlanta wasn't the economic engine of the south for the past five decades for nothing... which is our advantage over the 'not Atlanta' areas in Georgia.

Basically we've set up a situation where it is our turn ... and it is happening now.

pubby

[winston1972]

It sure would be nice to see Paulding land something big. I heard last night Mobile, AL is going to the home of a new Airbus assembly plant..

This post has been edited by winston1972: 28 June 2012 - 09:53 AM

[Blondiega1]

PUBBY, on 28 June 2012 - 09:47 AM, said:

Read the story. Listen to the video below.

Essentially, we've developed an incentive package that is on par with that the state would approve for a development in south Georgia where there is little else other than incentives whereas we have access to the transportation of center of Atlanta including rail, air and Internet ... as well as the cultural advantages/housing/quality of life of being in the Atlanta Metro Area.

Said a bit differently, we've got the best package for marketing of a location in Georgia. None of the other metro counties can touch our incentives and Georgia/Atlanta wasn't the economic engine of the south for the past five decades for nothing... which is our advantage over the 'not Atlanta' areas in Georgia.

Basically we've set up a situation where it is our turn ... and it is happening now.

pubby

Oh okay. So I was right.
They don't have any businesses slated to go in there yet.

I hope this works out the way "they" plan.

[Proud Independent]

Blondiega1, on 28 June 2012 - 09:31 AM, said:

Do I understand correctly that they are building an Office Park?
Did I miss the part where it says what businesses will be in that Office Park?

I hope this is not going to be yet ANOTHER empty Office Park/ Retail development.
I really really do.
We desperately need something OTHER than retail jobs around here.

No. This is a Class A Business Park intended for MANUFACTURERS that are looking for a planned business park where the buildings in it are higher end properties that are suitable for their corporate image. All buildings will be constructed for specific businesses which in most cases will own the building themselves.

This post has been edited by Proud Independent: 28 June 2012 - 10:06 AM

[winston1972]

Blondiega1, on 28 June 2012 - 10:03 AM, said:

Oh okay. So I was right.
They don't have any businesses slated to go in there yet.

I hope this works out the way "they" plan.

I think the days of built it and they will come are over. But if the tax incentives are really good, I can see companies coming. My question is, how competitive are the incentives vs those offered by others areas in other states? We aren't competing just with other localities in GA anymore.

[Proud Independent]

Blondiega1, on 28 June 2012 - 10:03 AM, said:

Oh okay. So I was right.
They don't have any businesses slated to go in there yet.

I hope this works out the way "they" plan.

The key word is "yet".

[SOLO]

Proud Independent, on 28 June 2012 - 10:06 AM, said:

The key word is "yet".

That key word yet is getting a little over used after a while it does not mean much. The whole build and they will come is a dream .

[PUBBY]

Blondiega1:

I think it is actually happening now. ... like I have the idea that we're in the due-diligence phase where they're proofreading the contracts to make sure the 'i's are dotted and the 't's crossed.

I mean Spain could declare bankruptcy and the international financial system collapse and we'd be SOL ... nothing would happen ... but then we'd all be SOL if that happened anyway

pubby

[winston1972]

SOLO, on 28 June 2012 - 10:37 AM, said:

That key word yet is getting a little over used after a while it does not mean much. The whole build and they will come is a dream .

I sincerely believe that there will be an announcement soon that will shock some folks...

Dang-- I didn't even see pubby's latest post. Must of heard the rumor I just heard or knows something..

This post has been edited by winston1972: 28 June 2012 - 10:47 AM

[Proud Independent]

SOLO, on 28 June 2012 - 10:37 AM, said:

That key word yet is getting a little over used after a while it does not mean much. The whole build and they will come is a dream .

Who said anything about build it and they will come?

[Blondiega1]

I really really do hope y'all are right!
We NEED manufacturing jobs here.

[feelip]

SOLO, on 28 June 2012 - 10:37 AM, said:

That key word yet is getting a little over used after a while it does not mean much. The whole build and they will come is a dream .

Don't know about you, but I'm sure glad we didn't have a sheetrocker putting this deal together.

[LPPT]

feelip, on 28 June 2012 - 10:54 AM, said:

Don't know about you, but I'm sure glad we didn't have a sheetrocker putting this deal together.

The most important thing is the county owns the land and we are not going to provide infrastructure for more housing developments and retail space. The companies coming in the will pay good wages.
You may have retail pop up on the edges to serve the people working there but that will probably be later.
The world class developer is just part of the red carpet we are rolling out to world class companies to come here.

[winston1972]

dallas-hiram.patch.com/articles/new-jobs-firms-to-come-to-paulding

From the link---

"One of the reasons they are partnering with us is because there’s a fish on the hook—Panattoni was in Europe a couple of weeks ago and they have now signed the agreements with an international manufacturer who is going to be the first tenant in the Paulding Commerce Park off Bill Carruth Parkway. It’ll be a 100,000-square-foot manufacturing and showroom facility, and it’ll be their North American headquarters.”

Swafford said the impending deal would lead to what officials believe would be the first North American headquarters of an international company to be located in Paulding. Details of the agreement with Panattoni and the manufacturer are forthcoming, he said."

[PUBBY]

winston1972, on 28 June 2012 - 03:19 PM, said:

dallas-hiram.patch.com/articles/new-jobs-firms-to-come-to-paulding

From the link---

"One of the reasons they are partnering with us is because there’s a fish on the hook—Panattoni was in Europe a couple of weeks ago and they have now signed the agreements with an international manufacturer who is going to be the first tenant in the Paulding Commerce Park off Bill Carruth Parkway. It’ll be a 100,000-square-foot manufacturing and showroom facility, and it’ll be their North American headquarters.”

Swafford said the impending deal would lead to what officials believe would be the first North American headquarters of an international company to be located in Paulding. Details of the agreement with Panattoni and the manufacturer are forthcoming, he said."

Blake made that announcement at last Thursday's Paulding Business Association luncheon which we carried live, Winston. Thought you'd like to know about that and that there was more in that discussion which you can review down on the front on the fastread page.

pubby

[Blondiega1]

winston1972, on 28 June 2012 - 03:19 PM, said:

dallas-hiram.patch.com/articles/new-jobs-firms-to-come-to-paulding

From the link---

"One of the reasons they are partnering with us is because there’s a fish on the hook—Panattoni was in Europe a couple of weeks ago and they have now signed the agreements with an international manufacturer who is going to be the first tenant in the Paulding Commerce Park off Bill Carruth Parkway. It’ll be a 100,000-square-foot manufacturing and showroom facility, and it’ll be their North American headquarters.”

Swafford said the impending deal would lead to what officials believe would be the first North American headquarters of an international company to be located in Paulding. Details of the agreement with Panattoni and the manufacturer are forthcoming, he said."

that would be wonderful.
Hope they keep that fish hooked.

[surepip]

winston1972, on 28 June 2012 - 03:19 PM, said:

dallas-hiram.patch.com/articles/new-jobs-firms-to-come-to-paulding

From the link---

"One of the reasons they are partnering with us is because there's a fish on the hook—Panattoni was in Europe a couple of weeks ago and they have now signed the agreements with an international manufacturer who is going to be the first tenant in the Paulding Commerce Park off Bill Carruth Parkway. It'll be a 100,000-square-foot manufacturing and showroom facility, and it'll be their North American headquarters."

Swafford said the impending deal would lead to what officials believe would be the first North American headquarters of an international company to be located in Paulding. Details of the agreement with Panattoni and the manufacturer are forthcoming, he said."

And I corrected Blake slight mis-statement on the first International headquarters for Paulding.

When Melissa and I moved Surepip to Paulding in early 1989, we had leased a [spec built no less] 10,000 foot building. We needed 6000 feet. So we brought 2 other companies with us from Holland who manufacture poultry equipment, and who used the same distributors in South and Central America that we did, that we knew were looking for a place to initiate their entry into the Americas market.

We sublet almost half out building to them, each with a 1/4, providing furnished offices, utilities, a NorStar phone system for which they only had to pay Bellsouth for their lines, use of the copier, etc., and my guys using our forklifts unloaded and reloaded their shipments on a per hour basis. It gave us the cashflow to be able to survive the move and time to grow into the space.

Great deal for everyone. They defrayed the cost of our building rent/utilities, and we actually made a small amount of net profit on doing their loading/unloading.

They each had 2-1/2 year leases, and when they had 12 months or so left on their leases, I met with the Chamber people to let them know when the leases ran our I was not going to be renewing them as we had grown to the point we needed the space, and they had a year to find them places to locate to. One of the companies had a full time guy here, the other was here for 2 weeks or so a month.

Our illustrious "Powers that Be" did nothing, and in mid 1992 both companies left Paulding, which for both was their USA headquarters. Gasolec is now located in a 50,000 foot building in Tulsa Oklahoma, and Multifan has something like a 1 million square foot facility in Bloomington, Illinois. Both were for 2-1/2 years "Paulding" based companies, direct subsidiaries of Dutch firms. For anyone familiar with WWGrainger, check out the 10-15 pages of Multifan/Vostermans equipment in their catalog. They are a major USA player, now doing a substantial amount of their worldwide manufacturing in the USA. And we could have had them here.


But, that was then, and this is now. The current administration at least had the foresight to hire Jamie Gilbert and he is doing today what should have been done 20 years ago. I know Jamie, and know if I had been able to go to him in 1992 and let him know all he had to do was get these businesses facilities to move into, with a 12 month notice, he would have done so.

[Proud Independent]

surepip, on 28 June 2012 - 04:06 PM, said:

And I corrected Blake slight mis-statement on the first International headquarters for Paulding.

When Melissa and I moved Surepip to Paulding in early 1989, we had leased a [spec built no less] 10,000 foot building. We needed 6000 feet. So we brought 2 other companies with us from Holland who manufacture poultry equipment, and who used the same distributors in South and Central America that we did, that we knew were looking for a place to initiate their entry into the Americas market.

We sublet almost half out building to them, each with a 1/4, providing furnished offices, utilities, a NorStar phone system for which they only had to pay Bellsouth for their lines, use of the copier, etc., and my guys using our forklifts unloaded and reloaded their shipments on a per hour basis. It gave us the cashflow to be able to survive the move and time to grow into the space.

Great deal for everyone. They defrayed the cost of our building rent/utilities, and we actually made a small amount of net profit on doing their loading/unloading.

They each had 2-1/2 year leases, and when they had 12 months or so left on their leases, I met with the Chamber people to let them know when the leases ran our I was not going to be renewing them as we had grown to the point we needed the space, and they had a year to find them places to locate to. One of the companies had a full time guy here, the other was here for 2 weeks or so a month.

Our illustrious "Powers that Be" did nothing, and in mid 1992 both companies left Paulding, which for both was their USA headquarters. Gasolec is now located in a 50,000 foot building in Tulsa Oklahoma, and Multifan has something like a 1 million square foot facility in Bloomington, Illinois. Both were for 2-1/2 years "Paulding" based companies, direct subsidiaries of Dutch firms. For anyone familiar with WWGrainger, check out the 10-15 pages of Multifan/Vostermans equipment in their catalog. They are a major USA player, now doing a substantial amount of their worldwide manufacturing in the USA. And we could have had them here.


But, that was then, and this is now. The current administration at least had the foresight to hire Jamie Gilbert and he is doing today what should have been done 20 years ago. I know Jamie, and know if I had been able to go to him in 1992 and let him know all he had to do was get these businesses facilities to move into, with a 12 month notice, he would have done so.

The project is not a headquarters facility. It will; however, be the only one of its kind in North Amercia. No agreements have been signed yet but should be soon.

This post has been edited by Proud Independent: 28 June 2012 - 05:41 PM

[Proud Independent]

surepip, on 28 June 2012 - 04:06 PM, said:

And I corrected Blake slight mis-statement on the first International headquarters for Paulding.

When Melissa and I moved Surepip to Paulding in early 1989, we had leased a [spec built no less] 10,000 foot building. We needed 6000 feet. So we brought 2 other companies with us from Holland who manufacture poultry equipment, and who used the same distributors in South and Central America that we did, that we knew were looking for a place to initiate their entry into the Americas market.

We sublet almost half out building to them, each with a 1/4, providing furnished offices, utilities, a NorStar phone system for which they only had to pay Bellsouth for their lines, use of the copier, etc., and my guys using our forklifts unloaded and reloaded their shipments on a per hour basis. It gave us the cashflow to be able to survive the move and time to grow into the space.

Great deal for everyone. They defrayed the cost of our building rent/utilities, and we actually made a small amount of net profit on doing their loading/unloading.

They each had 2-1/2 year leases, and when they had 12 months or so left on their leases, I met with the Chamber people to let them know when the leases ran our I was not going to be renewing them as we had grown to the point we needed the space, and they had a year to find them places to locate to. One of the companies had a full time guy here, the other was here for 2 weeks or so a month.

Our illustrious "Powers that Be" did nothing, and in mid 1992 both companies left Paulding, which for both was their USA headquarters. Gasolec is now located in a 50,000 foot building in Tulsa Oklahoma, and Multifan has something like a 1 million square foot facility in Bloomington, Illinois. Both were for 2-1/2 years "Paulding" based companies, direct subsidiaries of Dutch firms. For anyone familiar with WWGrainger, check out the 10-15 pages of Multifan/Vostermans equipment in their catalog. They are a major USA player, now doing a substantial amount of their worldwide manufacturing in the USA. And we could have had them here.


But, that was then, and this is now. The current administration at least had the foresight to hire Jamie Gilbert and he is doing today what should have been done 20 years ago. I know Jamie, and know if I had been able to go to him in 1992 and let him know all he had to do was get these businesses facilities to move into, with a 12 month notice, he would have done so.

I know Jamie as well and you're right. It would have been 24/7 non-stop until we got them. It's a shame Paulding lost out on those great businesses. Good job on your part getting them here. The county needs more eyes and ears looking out for businesses to come here. It has to be a county wide effort.