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Redevelopment Update February 2014. Mission & Purpose of MRRA. Implement the Reuse Master Plans for NASB and Topsham Annex Manage the transition of base properties from military to civilian uses Redevelop former base properties to create new high quality jobs - PowerPoint PPT Presentation
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Redevelopment Update
February 2014
Implement the Reuse Master Plans for NASB and Topsham Annex
Manage the transition of base properties from military to civilian uses
Redevelop former base properties to create new high quality jobs
Actively engage the private sector in the redevelopment effort
Mission & Purpose of MRRA
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Vision
A science and technology park in a campus environment
Centers of excellence in advanced technologies
Regional Executive Airport Quality business-focused educational
facilities Renewable Energy development Smart Growth focus Affordable housing opportunities Open space and outdoor recreation
opportunities
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Target Business Sectors
Aviation and Aerospace Energy Composite Technologies Information Technology Biotechnology and Biomed Education
Key to successful business development
Industry driven curriculum SMCC, UMaine
Opportunities for high quality job creation in:
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Short-term goal: Recover direct civilian job losses resulting from the base closure (700 jobs)
Intermediate goal: Recover economic losses and total job losses in the primary impact community resulting from the base closure ($140 million in payroll)
Long-term goal: Facilitate the maximum redevelopment of base properties (12,000 + jobs)
MRRA Redevelopment Goals
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Property Dispositions
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Public Benefit Conveyances MRRA
Airport 998 ac Town of Brunswick
Recreation & Conservation 850 ac Bowdoin College
Education 270 ac SMCC
Education 20 ac Family Focus
Child care 7 ac Economic Development
Conveyance ($$$$$$$) MRRA
Economic Development 1,098 ac
Building Space:Who Owns What
• 7
Of the space controlled by MRRA, roughly
• One third has been leased;
• One third has been sold;
• And one third is still available
Redevelopment Scorecard
• 8
Economic Impacts of Redevelopment since May 2011
Creating more than 750 Jobs (by end of 2014)
Contracts awarded: More than $25 million
Total New Taxable Property: $51 million
Total Property Taxes: $684,674 (current fiscal year)
Redevelopment Scorecard
• 9
Operations at Brunswick Executive Airport in 2013: More than 9,000
Acreage owned by MRRA: 1,380
Square footage owned by MRRA: 910,100 SF
Square footage under lease/sale contract: 573,925 SF
Miles of paved road MRRA responsible for: 27
Miles of sewer pipe and water pipe MRRA maintains: 17
Miles of electrical power line MRRA maintains: 15
Amount of power load MRRA manages: 1 megawatt
Students enrolled at Southern Maine Community College Midcoast Campus: 6oo
Airport, Infrastructure, Education
Redevelopment MapSales, Leases, and PBCs
• 10
Businesses: 43 and counting
Business Profile:Tempus Jets
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Part 145 Repair station at Brunswick Landing: Conduct major maintenance on Bombardier Global Express and Gulfstream II, III, IV and V aircraft; adding Boeing and Airbus narrow and wide body maintenance, interior completions
Tempus selected Brunswick to consolidate and expand its MRO, engineering and completions capabilities due to:
• Availability of large, modern hangar facilities
• Partner with SMCC to utilize the former flight simulator facility
• Availability of skilled craftsman and technically knowledgeable workforce; advanced communications infrastructure; adequate housing for contract and short term labor
• Could employ up to 300 workers as they expand
• One of fastest deals in MRRA history. Lease signed just 3 weeks after initial phone call
• CEO is a former NASB aviator who was stationed here
Business Profile:Tempus Jets
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Business Profile:Mölnlycke Health Care
• Huge company from Sweden is world leading manufacturer of single-use surgical and wound care products for professional health care sector
• Mölnlycke chose Brunswick Landing to be site of first North American manufacturing site to make finished, packaged wound dressings.
• Medical foam produced in Mölnlycke’s Wiscasset manufacturing site
• May be able to take advantage of Brunswick Landing Foreign-Trade Zone (FTZ)
• New 79,000 SF $15 million manufacturing facility built and owned by MRRA, opened in March 2013
• 50 employees with more than 100 jobs in pipeline
Business Profile:Oxford Networks
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Oxford Networks Data Center provides high-security data management services for businesses and organizations around the world
Oxford is expanding its storage facility to quadruple current capacity
Largest data center north of Boston
Located in the Wing Building , which Navy used for classified secure information and data
Re-purposes the military grade building infrastructure to provide the highest level of physical and technical security available
Business Profile:Kestrel Aviation
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• Startup company by Alan Klapmeier, former Cirrus CEO
• Developing a FAA certified, composite aircraft, propelled by a single engine turboprop
• Drawn to Brunswick because of infrastructure already in place
• Kestrel attracted by well qualified workforce, including those familiar with composite technology, and a supportive community
• 42 employees in Hangar 6 with payroll of $3 million
• Brunswick facility -- composite parts production
• Other facility in Superior, Wisconsin -- manufacturing of plane
• Worldwide company headquartered in Houston provides marine survey, engineering and auditing to international shipping and offshore industries
Business Profile:American Bureau of Shipping
• ABS Modeling Center in Brunswick Landing -- 30 technicians who create the computer-aided design (CAD) models of clients’ vessels.
• Model used throughout life of vessel for multiple purposes
• Verify integrity of the hull, analyze stability of the vessel if it is involved in a casualty
• ABS selected Brunswick Landing for its high-quality facilities and the region’s talented workforce
Business Profile:RollEase
• Founded in 1980, RollEase is window covering fabricators based in Stamford, CT
• Innovation Center at Brunswick Landing (11,000 SF) for R & D
• Located in downstairs below ABS
• Opportunity to collaborate with the University of Maine on joint development projects
• VP Greg Farr, former Downtown Director for Brunswick will direct Maine operations
Private Sector Engagement
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MRRA’s goal is to engage the private sector in the redevelopment effort through lease and sale of buildings and land Consistent with Reuse Master Plans, Zoning ordinances and Design
Guidelines Major property acquisitions at Brunswick Landing and Topsham
Commerce Park: Partnership with local real estate developers George Schott, Jim Howard,
Tom Wright, Hilary Rockett MRRA has sold 245 acres of land to AMH (over 50 housing units sold to
date –McKeen Street) Three major building acquisitions closed
26 buildings (15+ acres) $10 million in planned private investment Sold hotel in December to Mr. Schott Commissary sold in November to JHR Development for food hub (Wicked Joe’s
and Maine Harvest More closing expected in spring for 20 acres, and Building 87 (Oxford), SeaBee
Compound, NEX Three current land development proposals in process (42 acres)
$50 – 60 million in planned private investment MRRA must pay the Navy 25% of all sales and lease revenues after
we hit $7 million, which we have a year earlier than forecast MRRA is aggressively marketing property to international, national,
state-wide and local real estate developers and target sector businesses
MRRA has open listing policy and pays brokerage fees MRRA retained CBRE Richard Ellis and REMAX to market key
properties MRRA has unique ability to be creative in real estate and project
financing Must realize Fair Market Value (EDC)
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▪ TechPlace is part of an integrated project through Obama’s “Make it in America Challenge (MIAC) Program
▪ Project one of only 11 in U.S. to win funding
Strengthening Regional Assets• $750,000 funded by Economic Development Administration•Must include a 1:1 Matching Share from non-Federal sources ($250,000 MRRA, $250,000 BDC, $250,000 Maine DECD)
Connecting Regional Supply Chains and Assisting SMEs•$375,000 funded by National Institute for Standard and Technology & Maine MEP•No cost sharing requirement
Building a Highly Skilled & Diverse Workforce to Meet Employer Demand• $1.3 million funded by Employment and Training Administration/DOL•Cost sharing or matching not required
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Objective: Create a premier advanced manufacturing and technology accelerator at Brunswick Landing in former Aircraft Intermediate Maintenance building
TechPlace community to include:
Conceptual Floor Plan Existing Floor Plan
• Co-working office space• Co-working
manufacturing/prototype lab• Warehousing • Private office/shop space
• Shared administrative equipment
• Shared administrative services
• VTC enabled conference room
• Access to support programs and networks
Grants Department of Defense - Office of Economic
Adjustment (will phase out starting in 2014) Federal Aviation Administration Economic Development Administration Maine Technology Institute
Property Leases and Sales Airport Revenues
Special events Fuel sales Aircraft parking Hangar rentals
State of Maine Jobs Bond ($3.25 million – infrastructure
improvements) Jobs Tax Increment Financing
Town of Brunswick Tax Increment Financing
Sources of MRRA Funding
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Challenges Affecting Rapid Reuse
Property conveyances are costly and complex real estate transactions
Many buildings that are conveyed suffer from lack of proper maintenance (major systems fail)
Most buildings do not meet current State & local codes (ADA, Life Safety, etc.)
Aging utility systems require significant upgrades
MRRA has responsibility to maintaining: Airport runways & tarmac 27 miles of roads 17 miles of electric infrastructure 15 miles of water, sewer and storm drains
Some key properties are still awaiting environmental clearances
These are unique properties that requires some planning and code flexibility
Business friendliness at State and community level is critical to success
Conclusion
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Redevelopment of former military installations is a long, tedious expensive and complex process. It is a marathon not a sprint!
While still are very early in the process, the Redevelopment of NAS Brunswick is proceeding ahead of schedule.
The NASB reuse effort is far outpacing other 2005 BRAC facilities around the country.
The annual lease absorption rates at Brunswick Landing are outpacing the region by a factor of 3x.
Conclusion Continued
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The ability of NAS Brunswick to effectively and rapidly achieve its reuse goals is dependent on several key factors: The condition of the national
and state economies; The availability of the financial
resources needed to re-purpose the properties and improve and maintain the infrastructure; and
The level of federal, state, community and public support for the redevelopment effort!
Thank You26