INDUSTRIAL LAND & MARKET STRATEGY
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1 INDUSTRIAL LAND & MARKET STRATEGY
2 Industrial Land & Market Strategy Collaboration among Planning Commission, Commerce Department, and PIDC 4 components of the study: 1 Snapshot of current industrial activity in the City 2 Land use and real estate survey 3 Cluster-based market strategy 4 Recommendations Consultant team
3 Modern Industry: Technical Definition SUPER-SECTOR ~ SUB-SECTORS (71NAICSCodes) Agriculture/Forestry/FishingiHunting ~ All Construction ~ All Manufacturing ~ All Trade, Transportation, and Utilities ~ Utilities, Transp/ Warehsg, Wholesale,some Retail Information ~ Publishing, Film/ Video, Broadcasting, Telecom Financial Activities ~ Storage, Truck Leasing Professional and Business Services ~ Testing La bs, Veteri na ry, Security, Waste Mgmt Education and Health Services ~ AmbulanceServices, Blood/ Organ Banks Leisure and Hospitality ~ Caterers, Mobile Food Service OtherServices ~ Repair/ Maintenance
4 Modern Industry: Easy-to-Remember Version 1. If it involves: Making Moving or Mending Goods, then it s industrial 2. Not your grandparents industry 3. Increasingly clean & green
5 Significance of Philadelphia s Industrial Sector 104,300 industrial jobs, approximately one out of every five jobs in Philadelphia Industrial jobs employ a range of Philadelphians highly skilled, technical positions to entry-level apprenticeships to career-path positions for unskilled and semiskilled workers Industry provide family sustaining jobs with benefits Average wages for industrial jobs in the city are nearly $50,000 Annual payroll of over $5 billion; direct economic output $47.8 billion Annually contributes $323 million in taxes (BPT, property, wage, and sales)
6 Real Estate Requirements of Modern Industry Modern building Zoning certainty Infrastructure access Primarily highways, but also rail, airports & ports Workforce access Clustering and agglomeration Distance from residential areas
7 Industrial Building Types - - ~I ' ~ flex ' heavy FAR.24 industrial FAR.27 )-warehouse distribution FAR :2g
8 Target Clusters 11 Target Clusters Apparel Biopharma Building Fixtures & Equipment Construction & Real Estate Energy Food Processing Medical Devices Metal Fabrication Publishing & Printing Transportation Wholesale 3 Primary Categories Traditional Manufacturing Apparel Building Fixtures & Equipment Construction & Real Estate Food Processing Metal Fabrication Printing & Publishing Advanced Manufacturing BioPharma Medical Devices Energy Transportation Transportation Wholesale
9 Industrial Districts 17,805 acres of industrial land in the City 15,433 acres in 15 Industrial Districts Hunting Park E,,;t.... Hunting Park West Ur n D : 1.0.rer North Delaware ~... Arneriean Street ~::~~:: ~ :::::::::::..:::::::::::::::: ::: :::::::::: :::..:: ~ ~ 17~:~~ IILiberties '" II,... "rays Ferry t... South Delaware
10 Constrained Supply of Land Suitable for Modern Industry 105 sites in Philadelphia that are 20+ acres in size
11 Severe Shortage of Developable Industrial Sites PIDC owns 7 industrially-zoned parcels larger than 20 acres.
12 Industrial Land Strategy Impacts Over the next 20 years: A target of 22,000 new jobs to be created $1 billion in additional annual wages $68 million in additional annual City tax revenue Industrial Land Strategy will require 2,400 acres of developable industrial land Upgrade vacant or underutilized industrial land Redevelop existing industrial sites No significant re-zoning of non-industrial sites
13 Recommendations Zoning Consolidation Classification Uses Impacts Heavy Industrial Least restrictive Petroleum processing, storage, terminals Most permissive - high noise, odor Medium Industrial Light Industrial Utilities & Transport Commercial Mixed-use Manufacturing, distribution, processing Assembly, light fabrication, office, R&D Power plants, water, waste treatment; rail yards, ports, airports Mix of small industrial and commercial Permissive noise, odor, hours, traffic Localized noise, traffic, activity Fixed impacts includes odor, traffic, noise, high activity Localized noise, traffic, activity Residential Mixed-Use Workshop, small manufacturing & fabrication compatible with traditional neighborhood residential Minimal
14 Recommendations Industrial Land Use Policies
15 Increase Industrial Intensity along Lower Schuylkill River Impacts: 3,700 jobs -$170 million in wages $17 million in annual City tax revenue
16 Thank You Thomas J. Dalfo Philadelphia Industrial Development Corporation (215)
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