WORKFORCE PARTNERSHIP INITIATIVE. Creating a Riverworks Industrial Council

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1 WORKFORCE PARTNERSHIP INITIATIVE Creating a Riverworks Industrial Council

2 Welcome and Introductions Introductions Your name Your company One specialty used/performed by your company (e.g., CNC machining) History of the initiative How did we get here? Why are we here?

3 Overview: Industry and Capabilities 177 businesses in Riverworks Center employing more than 2,500 people. 61 (34.5%) are industrial and account for approximately 41% of all workers Of these companies, 32 (18.1%) are manufacturing and employ approximately 29% of all workers. Examples of major manufacturing capabilities: CNC machinery Injection molding Welding Tool & Die Making

4 Overview: Land Use 283 acres between BID 25 and BID 36 Manufacturing-zoned: 124 acres Commercially-zoned: 51 acres

5

6 Overview: Available Property Opportunities for new business/expansion 19 vacant parcels representing 6.4 acres, and another acre of stand alone parking Potential availability of another 3.7 acres Industrial vacancies represent more than 1 million square feet Affordable rent Industrial space available in the $2-$4 per square foot range

7 Overview: Property Values Property that increases in value Riverworks TID closed in 2009 added more than $36.4 million to City s tax base Between 1999 and 2012, total assessed values more than doubled Despite the recession of the past four years, property values have remained steady

8 Overview: Area Strengths Transportation (Wide trucking lanes; proximity to port, airport, I-43; MCTS transit lines) Proximity to workers and industrial businesses Support programs and incentives Proximity to public and recreational space What else?

9 Overview: Area Weaknesses Low availability of developable industrial land compared to other industrial areas in Milwaukee Redevelopment in urban areas with older/outdated buildings very challenging Brownfields and contamination Assemblage of smaller, adjacent parcels Area perception What else?

10 Overview: Riverworks Financial Opportunities Center (FOC) Program Three-part program: Workforce coaching Benefits Financial coaching Placement statistics and successes Training programs

11 What is an industrial council? Private Industrial Councils (PICs) Boston Private Industrial Council Connection between education and workforce: Career exploration for youth Employment for BPS students College-to career Out-of-school youth Jobs and training for adults Unified approach focusing on skill development, work experience, career aspiration

12 What is an industrial council? Manufacturing Industrial Council of Seattle Transportation assistance and lobbying Education partnerships Green industrial business and career expo Strategic review of Seattle Public Schools Puget Sound Skill Center Job training programs Certification in forklift operation and safety Training and internships in green manufacturing Math for manufacturing and blueprint reading

13 What is an industrial council? The Industrial Council of Nearwest Chicago (ICNC) Strengthens start-up and emerging companies with its business incubator Small business development International trade center Grants and subsidies

14 What is an industrial council? California Energy Efficiency Industrial Council Mission: support energy efficiency policies, programs, and technologies that create sustainable jobs Inform industry of legislation and regulation that affect business and workforce development Provide networking, outreach, and training

15 What is an industrial council? Central Eastside Industrial Council (Portland, OR) Non-profit, volunteer organization protecting the rights of business and property owners Addresses land use (e.g., successful opposition to a jail proposed for the area) Focus on parking, graffiti, vagrancy, urban renewal City hall and agency lobbying on behalf of members

16 What is an industrial council? Council of Industry (Poughkeepsie, NY area) Marketing and business-to business interaction Company profile sheets Training programs Manufacturing leadership certificate Hudson Valley Consortium training Discounts on products and services Survey data Public affairs and advocacy

17 How could we benefit from an industrial council? Your ideas and input HR help for smaller companies Employee searches and employee retention: Provide employees through the FOC Financially stable workers Riverworks job board Provide links to other companies within Riverworks and their capabilities Partnerships with other organizations and educational facilities

18 Industrial council goals Goals tie into the Riverworks Strategic Plan 1. Reduce unemployment 2. Increase industrial base 3. Improve area image How will goals help area businesses? 1. Increases skill sets, employee retention through FOC 2. Recruit businesses, aid in retention, market area 3. Increase feelings of safety, encourage individuals to work and live in the area

19 Discussion

20 Next Steps Company capability profile sheets Survey

21 Thank you Riverworks Development Corporation 526 E Concordia Ave Milwaukee, WI (414) Darryl Johnson Executive Director Chris Grandt Director of Neighborhood Development Coretta Herring FOC Program Manager Cal Stoffel Workforce Partnerships Coordinator

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