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five_sites_for_success_2.ppt

5 Sites for Success

Emerging Locations for Successful Businesses

ABC’s Consulting

10/9/2016

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Boardman, Ohio

By: Derek Cook

Boardman - The Home of the American Dream

Photo by Derek Cook

Existing businesses are expanding

One of the 2 of the 3 hospitals in Boardman are expanding. Akron Children’s hospital is the hospital in the photo

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Boardman is Booming!

  • Daily traffic on main streets
  • State Route 224 – 31,400 passenger cars daily
  • Market Street – 18,850 passenger cars daily
  • South Avenue – 13,910 passenger cars daily

Source: (ODOT,2014)

Photo by Derek Cook

Boardman has three main state routes that are the main thoroughfare for transportation through the community

State route is an east –west five lane road. According to the Ohio Department of Transportation, has approximately 31,000 passenger vehicles daily

ODOT also states that the two other busiest roads through the community are Market St and South Avenue. They have approximately 18,000 and 13,000 respectively

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Boardman is Beautiful!

Beautiful Parks

  • Mill Creek Park
  • 2882 acres
  • 3 waterfalls
  • 2 golf courses
  • Boardman Park
  • 227 acres
  • Amphitheater

Source: (Mill Creek MetroParks, n.d.) (Welcome to Boardman Park, n.d.)

Photo by Derek Cook

Photo by Derek Cook

Although there is a lot of traffic, there are also two oases. Mill Creek Park and Boardman Park. There are golf courses, walking trails with three lakes and waterfalls

Plenty of space for everyone to relax and enjoy nature’s beauty. Fishing, Golfing, hiking, Cycling, sled riding, picknicking and so much more

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Boardman - Hotbed

Retail and Restaurants

-Southern Park Mall

-Boardman Plaza

-Shops on Boardman Park

-Walmart

-Texas Roadhouse

-Olive Garden

-Red Lobster

-Michael Alberini's

-Springfield Grille

Photo by Derek Cook

Boardman has been a hotbed for retail and restaurants since the late 70’s when the steel mills were operating. When the mills closed, the retail and restaurants were what the area used to reestablish their identity. This list has some of the many retail stores as well as the restaurants

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Boardman – Cost of Living

(Sperlings Best Places, 2016)

* Average Overall Cost of living is 72% This means that it will cost less to live. If wages are lower, it is ok because costs are too

* Utilities is higher

* All the rest under national average

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Chart1

Overall      
Groceries
Health
Housing
Utilities
Transportation
Average 100
Cost of Living in Boardman
72
89.1
83
26
103
96

Sheet1

Average 100
Overall       72
Groceries 89.1
Health 83
Housing 26
Utilities 103
Transportation 96

Boardman – Talent Pool

Unemployment Rate - 6%

4 Colleges and Universities

  • Penn State University
  • Youngstown State University
  • Kent State University
  • Eastern Gateway Community College

(Department of Numbers, 2016)

With the higher unemployment rate, the opportunity for applicants is high

Universities are good for keeping the talent pool strong. Good paying positions keep talent local.

It is uncommon to have so many colleges and universities available to one community.

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Boardman – Wages

(United States Department of Labor, 2015)

Management workers – attractive wages for local talent. 22% lower than the national average

Food Prep and server type positions are attractive to employers 11% lower than the national average

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Boardman – Summary

  • Over 64,000 vehicles daily on main streets
  • Beautiful parks
  • Hotbed for retail and restaurants
  • Overall 72 % of US average cost of living
  • Higher education opportunities for talent pool
  • Lower wages for low wait staff positions
  • Attractive wages for managers

2014 ODOT -Three main roads have over 64,000 vehicles pass by daily. Two beautiful parks to enjoy leisure time. Plenty of retail and restaurants in the area to attract customers and/or use for case studies. Sperlings Best Places 2016 -Low cost of living compared to the US average. Plenty of higher education opportunities to keep the talent pool strong. The majority of the positions for restaurant staff have low wages. The management staff has attractive wages to local talent.

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Glen Mills, PA

By: Brian Cooke

Glen Mills, PA

  • Glen Mills is an incorporated community within the Concord Township.
  • Its part of an original land grant offered to William Penn
  • The name Glen Mills derives from two paper mills that were built by Wilcox family (Sperlings, 2016).

Glen Mills is an incorporated community within the Concord Township. The community is part of an original land grant offered to William Penn back in 1681. The name Glen Mills derives from two paper mills that were built by Wilcox family (Sperlings, 2016).

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Glen Mills, PA is Famous

  • This community is famous for its elegant gardens and its golf course

Source: glenmillsgolf.com

Source: glenmillsgolf.com

This community is famous for its elegant gardens and its golf course. Golf course designed by Bobby Weed is connected to the Glen Mills Schools. The golf facility is essential for training students in golf operations as well as turf management.

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Businesses and Major Offices

  • Growing businesses
  • Retail industry,
  • real estate,
  • transport, and
  • Healthcare

  • Home to Major offices including Deloitte
  • Casual beach-themed restaurants
  • Spacious homes with prominent features offering luxury estate homes to residents.

Source: apartmentguide.com

The major industries experiencing tremendous growth in Glen Mills are the retail industry, real estate, transport, and healthcare. There are several malls and retail shops in this region. Numerous healthcare facilities have been established over the last ten or so years. The hospitality industry is also sprouting up and expanding rapidly all thanks to the favorable economic condition prevailing nationwide. Concord is one of the major affordable apartment communities in this community. It contains sixty-four rental units. It serves seniors in this area. It is home to more than 136 people when fully occupied. Real estate is doing pretty well (Affordable housing online, 2016).

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Affluent in educational facilities

  • The community is affluent in educational facilities
  • Education offered in
  • universities,
  • colleges, and
  • technical schools
  • A year-round education model for learners.
  • Top colleges and universities
  • Huntington Learning Center,
  • Cheyney University of Pennsylvania,
  • Swarthmore College and
  • Neumann University among others.

Source: huntingtonhelps.com

Source: huntingtonhelps.com

The schools in Glen Mils provide a year-round education model for learners. Instructional programs are provided through the twelve-month calendar year. Education is offered in universities, colleges, and technical schools. Top colleges and universities include Huntington Learning Center, Cheyney University of Pennsylvania, Swarthmore College and Neumann University among others. This shows that the community is affluent in educational facilities (Yelp, 2016). The facilities are accessible to all residents in his community.

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Hotbed for new economic opportunities

  • Rate of unemployment is 5.10%,
  • A notable job growth of 1.44%.
  • Future job growth forecasted in the next ten years is expected to be 37.80%.
  • Unemployment is considerably high. However, efforts are underway to ensure the ten-year projection is achieved within the stipulated time.

The rate of unemployment in Glen Mills is 5.10%, with notable job growth of 1.44%. Future job growth forecasted in the next ten years is expected to be 37.80%. Based on this, unemployment is considerably high. However, efforts are underway to ensure the ten-year projection is achieved within the stipulated time. This makes the community a hotbed for new economic opportunities in different sectors.

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Economy Overview

  • Taxes
  • Sales tax rate is 6.00%.
  • Income tax is 3.07%. (Sperlings 2016)
  • Income and Salaries
  • Income per capita is $46,056,
  • Median household income is $83,513.
  • cost of living is 72%. (Sperlings 2016)
  • The figures indicate significant economic growth in the community

Considering the taxes in this community, sales tax rate is 6.00%. This is considerably affordable, and business people can enjoy better terms within this environment. Income tax is 3.07%, which is significantly low. This indicates that the governance is well aware of the economic conditions and status of people. As stated in the official community website, employment and property ownership are the primary sources of income.

Glen Mills per capita is around $46,056. This includes all adults and children. The median household income is in the range of $83,513. Economically, this is an indicator of significant economic growth in this community. The residents enjoy considerably good terms regarding employment and income

Sources indicate that public cost of living is at 72%. The implication is that the greater part of the purchases made including food, health, transportation and house utilities costs 28% less than the average American pays. This is quite significant considering the level of salaries for workers in this Glen Mils

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Cost of Living

Sources indicate that public cost of living is at 72%. The implication is that the greater part of the purchases made including food, health, transportation and house utilities costs 28% less than the average American pays. This is quite significant considering the level of salaries for workers in this Glen Mils.

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Chart1

Cost of Living Cost of Living Cost of Living Cost of Living
Health
Transportation
utilities
Housing
Overall 72%
80
93
100
25

Sheet1

Health Transportation utilities Housing
Cost of Living 80 93 100 25
To resize chart data range, drag lower right corner of range.

Summary

  • Glen Mills has numerous economic opportunities
  • Businesses in different industries have indicated tremendous growth over the recent past years
  • The community has favorable economic factors to potential investors

 

Glen Mills has numerous economic opportunities. Businesses in different industries have indicated tremendous growth over the recent past years

The community has favorable economic factors to potential investors.

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Pittsburgh, Pennsylvania

By: Nick Brosius

Photo by Nick Brosius

Looking for a place to work?

  • Employment is on the rise
  • Leisure and hospitality had largest gain of employment
  • Average salaries make Pittsburgh more attractive

Pittsburgh: The Location for your Business

Source: PayScale: Pittsburgh

Source: Mid-Atlantic Information Office: Pittsburgh

Mid-Atlantic Information Office, written recently back in March, has stated that employment in Pittsburgh has risen by 2,200 jobs. The leisure and hospitality fields grew by 6,200 jobs; this was followed by health and education with a 2,300 job increase.

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Fox Chapel Golf Club

Est. 1923

In the top 100 Classic Courses

Just completed renovation of course and clubhouse

Oakmont Country Club

Est. 1903

Ranked in the top 100 course in America

Host to multiple Major Golf Championships

Fore!

Photo by Nick Brosius

Photo by Nick Brosius

Source: Fox Chapel Golf Club

Source: Oakmont County Club

Both of these course offer unique experiences where, given the opportunity, ABC could provide entertainment for present and future clients. The newly finished renovation at Fox Chapel has created a fresh vibe. Work started in September 2014 and completed in May 2016.

Oakmont, designed by HC Fownes also has a rich history as they have been host to PGA Tour events over the years including the 1994, 2007 and 2016 U.S. Open Championships.

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Cost of Living

Compared to average of 100

Source: Sperlings Best Places to LIve

The column graph shows how the cost of living stacks up against the average of the United States. Housing falls below the national average of 100 while transportation and grocery exceed the average.

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  • Pittsburgh recognized for its hospitals
  • Accomplishments have been endless
  • People from all over the world come to Pittsburgh for experience

You’re Always in Good Health

Source: UPMC Pittsburgh

UPMC Hospital, in Pittsburgh, is ranked in the top 15 hospitals in the nation. The people responsible for its success have delivered rehabilitation, neurosurgery, and finding ways to cure cancer. Children’s Hospital is associated with UPMC and they were the the “first pediatric hospital to achieve HIMMS stage 7.”

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The Pennsylvania State University

Carnegie Mellon University

Chatham University

Duquesne University

Carlow University

University of Pittsburgh

Education in the Area

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  • Main force is PennDot
  • Controls and operates highway and safety administration
  • Forefront of aviation and railroad freight
  • Local transportation division is responsible for more than $1 billion per year for public transportation

Transportation

Source: PennDot Fact Book

There are almost 12,000 employees among the highway and safety divisions which make those categories the largest for PennDot. PennDot is responsible for installation and repair of all 67 railroads in Pennsylvania; that is the most of any state in the nation which stretch over 6,000 miles long.

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Horsham, Pennsylvania

By: Damien Coyle

Located just north of Philadelphia, Horsham can be easily accessed from New York City, Washington DC, Western PA, and beyond.

Both Philadelphia International Airport and 30th Street Station (AMTRAK) are about a 40 minute drive to/from Horsham. Each transportation hub accessible via regional rail provided by Southeastern Pennsylvania Transportation Authority (SEPTA).

The Pennsylvania Turnpike (I-76) and I-95 provide easy access to the West and along the East Coast.

Horsham, Pennsylvania

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Unemployment rate in Horsham is currently 4.3%.

Over that past year local job growth has grown 1.44%.

Future job growth projects increases of 38.60% over the next ten years.

Income tax is 1% for township residents and all employed within the township.

Business are only required to pay property tax if they own the building.

Since closing, Willow Grove Naval Air Station has been owned by Horsham Township and is currently being rezoned for commercial use.

Employment Outlook

Recently renovated shopping center with thirteen store fronts

Photo by Damien Coyle

Horsham’s local economy is slightly better than the national averages and projects to continue above the national average. Unemployment is 4.3%, which is 2% below the national average of 6.3%. Job growth over the past year has beat the national average by 0.26% and projects over the next ten years to beat the national average by 2.50%.

Plans are in the works to rezone part of the Willow Grove Naval Air Station for commercial use with the remainder to be used towards residential. A shopping center across the street has recently undergone complete renovation and has available space for businesses.

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Cost of Living

(Sperlings Best Places, 2016)

Horsham has a cost of living about 21% higher than the national average. All categories exceed the national average, with housing being the most expensive cost relative to the nation.

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Over 400 acres of parks and trails located in Horsham Township.

Deep Meadow Park (55 acres)

Koehler Park (71 acres)

Samuel Carpenter Park (31 acres)

Chestnut Creek Park (80 acres)

Cedar Hill Road Park (87 acres)

Lukens Park (51 acres)

Meetinghouse Park (6.5 acres)

Power Lines Trail

Parks and Rec

Above: Deep Meadow Park

Below: Samuel Carpenter Park

Above: Power Lines Trail

(Horsham Township, 2016)

Photo by Damien Coyle

With over 400 acres of parks and trails in Horsham, residents and those working in the area have plenty of places to get out, exercise, and enjoy the fresh air.

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References

References

References