Property Specifications • New street and utilities • Natural gas available • Limited industrial district zoning • No common-area maintenance fees • Long-term ground leases at competitive rates • Flexible land tract sizes
Prospective industries include: • Construction and demolition salvage, processing, re-milling, reuse and recycling • Scrap plastics processing • Carton processing or manufacturing • Paper and wood fiber recycling • Glass processing and manufacturing • Scrap tires processing and manufacturing • Electronic reuse, repair and recycling • Appliance and furniture repair • Mattress recycling • Paint recycling • Incubator or small business co-working space for recycling and reuse firms • Spec buildings to be subleased by the developer to recycling, reuse or upcycling manufacturers • A recycling research and development facility • Other value-added processing and manufacturing of would-be waste into new products
Site Restrictions: • Waste-to-energy projects not eligible • This site is located near Austin-Bergstrom International Airport and thus has the following restrictions*: 1. No putrescible waste or other bird attractants may be brought onsite 2. Building height limited to 600 ft above sea level 3. No standing water or reflective surfaces 4. No visible emissions
*List is not exhaustive. Full details on restrictions available in the City of Austin’s Land Development Code, Chapter 25-13 Airport Hazard and Compatible Land Use Regulations.
Incentives and Financing For all Hub tenants: • Expedited permitting from the Economic Development Department • No common area maintenance fees • Free commercial recycling services • Participation in the Austin Materials Marketplace (austinmaterialsmarketplace.org) • Triple freeport exemption: the City of Austin, Travis County and Del Valle Independent School District • No state corporate or personal income tax • Location in the Foreign Trade Zone of Central Texas (FTZ 183)
For eligible firms*: • Chapter 380 economic development grants • Texas Enterprise Fund economic development grants • Workforce training grants through the Skills Development Fund • Tax exempt bond financing program though the Austin Industrial Development Corporation • United States Department of Housing and Urban Development (HUD) Section 108 low interest loans under the Family Business Loan Program (up to 40 percent of the total project costs) • Referral to preferred lenders that specialize in Small Business Administration loan products to complement City loan and bond product offerings • Low interest Closed Loop Fund loans for $250,000 to $5 million (not a City of Austin program) *To learn more about the application processes for these incentives, contact Natalie Betts, Recycling Economic Development Liaison, at Natalie.Betts@austintexas.gov or (512) 974-9235.
Life in Austin What You Hear is True There’s a reason our region’s population has grown by leaps and bounds in the past 20 years. Austin’s quality of life is unparalleled and at the City of Austin, our overriding mission is to make this the most livable community in the country. We’re consistently recognized as among the most innovative, creative, wired, rockin’, educated and fit citizens in the U.S. Here are some more reasons you and your employees will love it here: • Nearly 300 days per year of beautiful sunshine • Something for everyone: #1 City to be Young, Broke, and Single; #4 Best Place to Raise a Family; Top 25 Best Places to Retire; Top 15 Immigrant-Friendly Cities; #7 Most LGBT-Friendly City • SXSW and Austin City Limits Music Festival anchor a year-round succession of world-class festivals and events • Live music: from talented local bands to all the big names on tour • Fine arts: opera, symphony and ballet, plus a wealth of museums and theaters
• Miles and miles of hike and bike trails, including the beautiful Lady Bird Lake Trail in the heart of the city • Green living: our public transportation infrastructure, green energy rebates and recycling services make it easy to live a low-impact, sustainable lifestyle • A community that celebrates diversity and welcomes citizens of all cultures, faiths and nations • Access to the wealth of resources and entertainment available from the University of Texas, from watching our famous athletic teams to viewing the astounding archives at the Harry Ransom Center • Home to the Formula 1 U.S. Grand Prix, ESPN X Games, Round Rock Express baseball, Austin Aztex soccer, Cedar Park Stars hockey, and Austin Toros basketball • The #1 airport in North America with 41 non-stop destinations including direct flights to London Heathrow and Toronto
Getting Down to Business in Austin Historically strong in the technology and creative industry sectors, Austin is emerging as the manufacturing location of choice for major international firms. Evidence of this includes Samsung’s $4 billion manufacturing investment, the $26.9 million manufacturing facility for US Farathane and the $36 million manufacturing operation and headquarters for HID Global. Since 2010, 77 manufacturing companies have relocated to or expanded in the Austin area. Austin is the 11th largest city in the U.S. and consistently boasts impressive economic rankings. As a composite, Austin is the youngest, smartest, safest and fastest growing region in the U.S. Recent accolades include: • Best City for the Next Decade (Kiplinger, July 2010)
• One of Top 20 Manufacturing Growth Metros (Garner Economics, July 2014)
6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000,000
2010
2020
2030
2040
2050
Austin MSA Population Projections
• No. 7 on Forbes’ list of America’s New Industrial Boomtowns (Forbes, June 2014) • Best City for Small Business (The Business Journals On Numbers, April 2014) • No. 1 Economic Performance from the 2008 recession through the recovery (Brookings Institute, April 2014) • No. 1 for 2012–2013 population growth among the largest U.S. metro economies (U.S. Census Bureau, March 2014) • 2013 Best Performing City (Milken Institute, December 2013)
• No. 1 City Creating the Most Middle-Class Jobs (Forbes, October 2013) • Top 10 Global Up-and-Coming Cities for Entrepreneurs (Forbes, September 2013) • Most Aspirational City in the U.S. (The Daily Beast, July 2013)
Austin Resource Recovery Services • 190,058 households receive recycling services from Austin Resource Recovery (ARR), a City of Austin department • ARR services single-family homes and some multifamily dwellings • Material dropped off at one privately owned landfill and two MRFs, privately owned and operated by Balcones Resources and Texas Disposal Systems • Pilot curbside organic materials collection for 14,000 households, dropped off at private composting company Organics by Gosh • Commercial and most multi-family collection handled by private sector • All private haulers must be licensed
Policies and Programs That Support Recycling • Recycling Economic Development Program with dedicated staff to support recycling and reuse businesses, including promotion through the Shop Zero Waste program, the Austin Materials Marketplace and one-on-one assistance • Extensive public education and outreach efforts including participation at more than 70 events a year. • Universal Recycling Ordinance: Requires all properties to recycle at least five materials by 2017 and all food service businesses to provide organics diversion by 2018 • Pay-as-you-throw system for residential curbside customers • Construction and Demolition Debris Recycling Ordinance (forthcoming) • Special Events Ordinance (forthcoming)
Above statistics represent approximately 28% of total households in the Austin MSA. Does not represent commercial or industrial waste stream.
Perfect LOCATION The 105-acre Hub sits on Austin’s southeast quadrant, on the undeveloped portions of the City’s former FM 812 landfill site. In the center of Texas and in the heart of the Texas Triangle, 16 million people reside within a threehour drive of Austin. You’ll also be conveniently located in the Central Time Zone and have easy access to both U.S. coasts, Canada, and Mexico. The Hub is strategically located near the Austin-Bergstrom International Airport, Interstate 35, SH 130, Highway 183, and the Circuit of the Americas. Hub tenants will also be located near potential business partners, with nearby construction and demolition, metal, wood and automobile recyclers.
Dallas
AUSTIn Houston
San Antonio