2011 Development Opportunities in North Carolina s Northeast. Raymond K. White North Carolina s Northeast Commission

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1 2011 Development Opportunities in North Carolina s Northeast Raymond K. White

2 Do The Numbers Tell The Story?

3 The Northeast NC Coverage Area Currituck County Camden County Gates County Hertford County Pasquotank/Elizabeth City Va. Pilot 1/2 coverage T.V. 1/2 coverage Radio 2/3 coverage

4 Population County July, Census Currituck 23,773 25,305 Camden 9,730 10,071 Dare 33,955 35,508 Pasquotank 41,330 41,991 Gates 11,836 12,209 Hertford 23,764 23,752 Perquimans 12,962 12,842 NENC Region 358, ,739

5 Access to the World Efficient Transportation & Highway Access Interstate Quality Roads (Interstate 95, US 17 and US 64, US 158) Location, Regional and National Airports Norfolk International, Newport News - Williamsburg Intl. & Raleigh-Durham International Airports Rail CSX, Norfolk Southern and Short-Line Railroads Ports VA ports As close as 35 minutes

6 Workforce 23,600 workers commute outside of Northeast Region daily 12,000+ workers travel to Virginia for employment every day Excellent community colleges offering the highest levels of worker training Elizabeth City State University Chowan University East Carolina University borders region North Carolina New Schools Pilot Region

7

8 Active Adults Starting Second Careers Our region s natural beauty, history and culture attracts people from all over the world Housing is still affordable Beautiful waterfront communities 10 miles is 10 minutes Excellent schools and churches Access to world-class health care East Carolina University Health Systems hospital affiliations Albemarle Hospital, Halifax Regional Medical Center, Roanoke Chowan Hospital Accessible to Sentara Hospitals in VA, Duke, UNC Memorial, and Wake Medical Center

9 Industry in NE North Carolina

10 Site Trends and Innovations

11 Hampton Roads Metropolitan Airport Industrial Park, Currituck County 37 Acres plus additional acreage available

12 Moyock, NC Rail Site

13 Elizabeth City Micropolitan

14 Industrial Parks Tanglewood, Pasquotank County 1,796 Acre Industrial Site 499 Acre Rail Industrial Area 2,019 Mega Industrial Site

15 Tanglewood Elizabeth City

16 Elizabeth City Micropolitan Camden County Green Business Park Takes Root - Va. Pilot 7/5/09 Interest High In Green Park Daily Advance 6/30/09 Business Park Proposed Near Eco-Park in N.C. Va. Pilot 11/15/09 NC Governor Vows Help For Camden Eco-Park - Va. Pilot 1/21/09

17 Camden Eco-Business Park Infrastructure in place by late Summer minutes from Virginia Ports Phase acres ** Potential 3,000 acres On US 17 4 lane divided highway 60 mph Direct connection to US 64 (70 mph) & I-64/464

18 Hertford, NC

19 Hertford - Downtown

20 Roanoke Rapids Micropolitan

21 Interstate 95 frontage

22 NC Center for Automotive Research (NC CAR) Automotive Proving Ground World-Standard Next-Generation Research & Development Northampton County 600+ Acres

23 New Business Park

24 North Carolina s Northeast

25 Williamston, NC Martin-Pitt Industrial Park Joint Industrial Park US 13/ Acres

26 NC Telecenter Williamston, NC 75,000 Sq. ft. Office or Light Manufacturing $3 per sq. ft. US 17/US 64 Interchange Microcell

27 Washington Micropolitan 20 minutes from Greenville, NC East Carolina University On US 17

28 Opportunity for Hampton Roads and Northeast North Carolina NENC is a natural for regional business expansion Industrial Real Estate in Business Parks selling for much more in H.R. The Charlotte-Rock Hill Phenomena The Port of Hampton Roads needs warehousing and distribution space Proving a complimentary Quality of Life

29 Hampton Roads Expands Into NENC 1.68 million Population in HR Reasonable Real Estate in NENC Military still a driving force in the region HR & NENC Urban Centers in HR- Redevelopment Phase Hampton Roads transportation woes are slowing economic growth Camden, Currituck, Gates, Pasquotank and Hertford becoming bedroom communities

30 Hampton Roads expands to NENC

31 Our Emerging Business Clusters Alternative Energy Wind Farms planned for Pasquotank, Perquimans, Camden & Currituck counties. Solar Farms being built in Hertford, Halifax and Northampton Counties Biomass plants in Hertford and Northampton Counties Emerging Offshore Wind Aviation Business recruitment and workforce development at expanded Aviation Center at Elizabeth City/Pasquotank Regional Airport/US Coast Guard Base Tourism/Entertainment Outer Banks 7 million visitors per year National Heritage Area Designation Elizabeth City, Edenton, Washington, etc. Biotechnology/Life Sciences Infrastructure Assessment & Niche Market Development Study by RTI Agricultural products development Plant-Made and Production/Mfg. Automotive & Automotive Suppliers Recruitment of automotive-related industry in conjunction with the NC Center for Automotive Research (NC-CAR) Boatbuilding Water access site development for boatbuilding. Inner Coastal Development Residential and mixed-use developments along Inner Coastal Areas

32 Continued Opportunity? It s Up To The Business Community Many in Business and Industry see SE-VA and NE-NC as one Market Area For Local/Regional HQ Hampton Roads businesses We are part of your Future Expanding Ports 30 minutes from NENC Sites Influx of Experienced Professionals will boost NENC economy Partnerships Opportunities: NC-CAR, Joint Industrial Parks, Tourism, Mega-Projects

33 Key Web Sites

34 Contact information Ray White

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