port authority opportunities @ toledo

40
Toledo, Ohio Property Details

Upload: korayergur

Post on 23-Jun-2015

240 views

Category:

Real Estate


1 download

DESCRIPTION

Investors, come invest in Toledo with us. We have many profitable projects and development opportunities. Here are few more by Lucas County Port Authority. Contact me at [email protected] Thank You

TRANSCRIPT

Page 1: Port Authority Opportunities @ Toledo

Toledo, Ohio Property Details

Page 2: Port Authority Opportunities @ Toledo

Presentation Overview

Toledo-Lucas County Port Authority Profile Government Support for Available Property Foreign Trade Zone 8 Location Highlights of Northwest Ohio Market Characteristics Developable Property Toledo Express & Metcalf Field Ironville Docks Jeep Parkway

Page 3: Port Authority Opportunities @ Toledo

Toledo-Lucas County Port Authority Overview Public body that operates as a business but is

subject to public disclosure and transparency Governed by a 13-member board of directors 50 employees Operates Toledo Express Airport, Toledo

Executive Airport and the Port of Toledo (seaport) Financing Portfolio includes:

Fixed Interest Rate Bonds Stand-Alone Bonds Small Business Association (SBA) 504 Loans Ohio 166 Loans

Page 4: Port Authority Opportunities @ Toledo

About Available Properties

All are Government Owned Properties Government will be flexible on terms

depending on the economic impact – Job Creation and Capital Investment

All are available immediately or within the next 18 months

All property reside in Foreign-Trade Zones

Page 5: Port Authority Opportunities @ Toledo

Foreign-Trade Zone 8 The FTZ provides the ability to defer, reduce or even eliminate U.S.

Customs duties on products admitted to the zone. Prospective buyers may be given the opportunity to see samples of goods

stored in the FTZ. If the goods being imported are subject to a quota, the goods may be stored in the FTZ pending the issuance of additional quota allocations.

Imports may be admitted and held in a foreign-trade zone without paying U.S. Customs duties.

Duties are never paid on merchandise exported from a zone. Duties are reduced or eliminated on materials that are defective, damaged, or obsolete.

Spare parts may be stored, returned, or destroyed without duty payment. Delays in Customs clearances and duty drawback are eliminated. U.S. Quota restrictions are different for merchandise admitted to

FTZs. Although quotas will apply when the merchandise is entered into U.S. commerce, quota merchandise may be stored in a FTZ so that when the quota opens, the merchandise may be immediately shipped to the U.S. customers.

Merchandise may be stored in a FTZ for an indefinite period of time. The storage time limits imposed on bonded warehouses are not applicable to FTZs.

Page 6: Port Authority Opportunities @ Toledo

Northwest Ohio Half the population of the U.S. is accessible within one-day drive

Multi-Modal Connectivity Rail – Norfolk Southern

(NS), CSX, and Canadian National (CN) Connected

Located at major U.S. thoroughfare crossroads Interstate 75 Interstate 80/90 Interstate 280 -- Heavy

weight truck routes to Michigan (154,000 gross)

Lake trading vessels, overseas vessel, lake barges

Pipeline

Circle Represents a 500 mile radius

Chicago New York

City

Wash D.C.

Cleveland

Page 7: Port Authority Opportunities @ Toledo

Toledo Provides Exceptional Access to the Eastern and Midwestern U.S. and Canada

Trucks departing Toledo can reach Ohio, Indiana, Michigan, parts of Pennsylvania, Kentucky and Chicago within five hours.

Our location at the crossroads of I-75 and I80/90 makes Toledo accessible from all directions.

Page 8: Port Authority Opportunities @ Toledo

Toledo’s Market Characteristics Located in the heart of the Great Lakes Region, Northwest Ohio

has built a strong manufacturing, industrial and agricultural base.

Access to the Great Lakes, combined with the region’s international air cargo hub, and one of the leading rail centers in the country makes Northwest Ohio a global platform for doing business anywhere in the world.

In 2009, 37 Fortune 500 Firms were located in Northwest Ohio, with Dana Corporation, Owens Corning and Owens-Illinois headquartered in Toledo. The Andersons, Libby Owens Ford, HCR Manor Care and Pilkington are some of the other major publicly held corporations headquartered in Toledo.

Page 9: Port Authority Opportunities @ Toledo

Available Property Toledo Express Ironville Docks – Port of Toledo Jeep Parkway - Former Manufacturing Site of

Chrysler JEEP

Page 10: Port Authority Opportunities @ Toledo

Toledo Express

Developable Property

Page 11: Port Authority Opportunities @ Toledo

Toledo Express Airport $640 Million Annual Economic

Impact Can accommodate the largest

airplanes in the world 10,600 foot runway – One of the

largest runways in the world BAX Global - International cargo

hub – One of three such hubs in U.S.

Military base - 180th Air National Guard

Delta, American Airlines, Allegiant Air and Direct Air operations

Corporate Aviation Hangers and Aircraft Maintenance Available

Cold storage available for perishable cargoes, pharmaceuticals and general use

Jet Fuel Service Center – Two 250,000 gallon tanks

350 total acres available for development 160 acres near BAX Global

Page 12: Port Authority Opportunities @ Toledo

$1 million investment being matched by $6 million in government funding

Toledo is the North American hub for the dedicated freighter network (domestic & international) of Schenker/BAX Global (DB Schenker). BAX Global runs a hub –and – spoke network from Toledo supported by 20 strong fleet of freighter aircraft and a regional trucking network.

Unlike the major integrators (FedEx & UPS) who generate revenue from small package express, Schenker specializes in heavy freight for industrial shippers.

The Toledo sorting facility is 279,000 square feet, including a 50 acre ramp, 2.6 miles of conveyor sorting, 900+ employees, and annual volume of 350-500 million pounds.

BAX Global - One of Three Remaining U.S. Air Cargo Hubs

Page 13: Port Authority Opportunities @ Toledo

Toledo Express Airport Current Development – BAX Global

International Build Up/Breakdown Area

Page 14: Port Authority Opportunities @ Toledo

Toledo Express Airport Available Property 350 acres of developable property Recent investment of $1.8 million in: Roadway, Water, Sewer, Electric, Natural Gas, Telephone

80,000 square feet spec building now at capacity Warehousing & manufacturing space available No limitations on development – available for multi

uses

Page 15: Port Authority Opportunities @ Toledo

Toledo Express Airport Available Property

Developable Property

Page 16: Port Authority Opportunities @ Toledo

Room to Grow at Toledo Express

South Development Area contains 75 acres in initial offering capable of supporting nearly one million square feet of development

Site is adjacent to 78 acre (non exclusive) air cargo ramp Infrastructure improvements are ongoing

Page 17: Port Authority Opportunities @ Toledo

Toledo Express Opportunities Utilize TOL as a low-cost distribution point for the

Midwest for freighter aircraft carrying international air freight from Asia

Develop facilities for major international forwarders near TOL

Opportunity for overseas carriers to link into BAX’s trucking network

Opportunity for additional neutral operators at TOL utilizing their own networks or BAX network while protecting the identity of their customers

Opportunity to construct additional transportation and logistics infrastructure on south side of airport to support air cargo operations.

Page 18: Port Authority Opportunities @ Toledo

Toledo Express Airport

Page 19: Port Authority Opportunities @ Toledo

Metcalf Field $12 Million annual

economic impact Developable

Property Available

Page 20: Port Authority Opportunities @ Toledo

Port of Toledo

Developable Property

Page 21: Port Authority Opportunities @ Toledo

Port of Toledo Connected via the

Great Lakes St. Lawrence Seaway System

Largest land mass seaport on the Great Lakes

Port of Toledo stretches seven contiguous miles

Houses 15 terminal operators and one shipyard

825 Acres Available

Page 22: Port Authority Opportunities @ Toledo

The Great Lakes St. Lawrence Seaway System

All of the 15 locks have the same dimensions allowing ships up to:

740 feet in length 78 feet wide 26’6” draft

Winter Contingency Every year the Seaway

attempts to expand the season Late December to mid-March is

a slow period for contain shipping

Seaway System must work with rail and ocean lines to be viewed as part of the solution, not competition

Toledo

Page 23: Port Authority Opportunities @ Toledo

Port of Toledo Cargo Mix

4% Petroleum

1% General Cargo

43% Iron Ore

16% Dry Bulk

29% Coal

7% Grain

Page 24: Port Authority Opportunities @ Toledo

Over $35 Million in Government

Investment

Page 25: Port Authority Opportunities @ Toledo

Putting the right equipment in place

Page 26: Port Authority Opportunities @ Toledo

Port of Toledo Available Property

Developable Property

Page 27: Port Authority Opportunities @ Toledo

Port of Toledo Available Property

181 acres Norfolk Southern services Short-line rail will connect all seaport

properties including access to two heavy (Class I) railroads

2200 feet of dock frontage at Ironville Docks $13 million public/private investment in site

development at Ironville Docks

Page 28: Port Authority Opportunities @ Toledo

Ironville Docks Site Plan

Page 29: Port Authority Opportunities @ Toledo

Seaport Terminal Operators

ARC Terminals ADM Grain Company Arms Trucking BP-Husky Refining LLC CSX Hansen Mueller IRONHEAD Marine Inc. Kraft Foods

Kuhlman Corporation LaFarge Cement Shelly Liquid Division Midwest Terminals Seneca Petroleum Company St. Marys Cement Inc. Sunoco MidAmerica M&R The Andersons Inc.

Page 30: Port Authority Opportunities @ Toledo

Port of Toledo Current Developments

George Hardy Drive

Ironville Rail Loop

Rail Loop

Bulk Loader

Cranes

St. Lawrence Drive

Facility 1

Ironville

Heidtman Steel

Beazer

Ship Yard

Dock Improvements

Grain Handling System

Lay Down Area

Page 31: Port Authority Opportunities @ Toledo

Port of Toledo - Facility One Current Developments

$7.5 Million Government Investment Reconstruction of

George Hardy Drive

Repair and Enhancement of the On-Dock Rail Line

George Hardy Drive

On-Dock Rail Improvements

Page 32: Port Authority Opportunities @ Toledo

Port of Toledo – Facility One Current Developments

$4.2 Million – Government Investment Rebuilding Roadway

Network to increase freight/weight handling capability

St. Lawrence Drive Relocated

Page 33: Port Authority Opportunities @ Toledo

Port of Toledo – Toledo Shipyard Current Development $400,000 Government

Funding Investment used to

increase rail capacity

Rail Spur

Page 34: Port Authority Opportunities @ Toledo

Cargo, Competitive, Scheduled Service Opportunity to expand Toledo Seaport Marketing to

manufacturers, forwarders and container lines directly when liner service is established

Opportunity to export agricultural products (specialty grains, ddg’s) and other raw materials (scrap steel, lumber, exc.) into containers

Opportunities to reposition empty containers to coasts using them as dry cargo vans

Opportunities to act as mini rail ramp / distribution center. Opportunities to work with other ports as strategic partners

within the Great Lakes St. Lawrence Seaway System Terminals must be efficient to keep cost low and make profit,

feeders must keep schedule for system to work properly

Page 35: Port Authority Opportunities @ Toledo

Port of Toledo

Page 36: Port Authority Opportunities @ Toledo

Port of Toledo Vessels & Cargo

Page 37: Port Authority Opportunities @ Toledo

Traditional Cargo: Bulk

Page 38: Port Authority Opportunities @ Toledo

Jeep Parkway

Developable Property

Page 39: Port Authority Opportunities @ Toledo

Jeep Parkway Previous Home of Jeep Manufacturing

Developable Property

Historical Use: Jeep Manufacturing site for 150 years

Direct access to main north/south thoroughfare in U.S.

More than 100 Acres Skilled workforce living

directly adjacent to site Oldest automobile

manufacturing site in U.S.

Direct access to Heavy Rail (Class I)

Government sponsored incentives available

Page 40: Port Authority Opportunities @ Toledo

Thank You