Available Buildings February 7, 2013 Hamilton, Ohio
CityBUTLER of Hamilton COUNT Y OHIO
About Hamilton
Located in the heart of the Cincinnati-Dayton metroplex, Hamilton is Butler County’s Seat of government and its center for finance, industry, arts and culture. Hamilton, Ohio is the second largest city in the tri-state Cincinnati region. The City of Hamilton is leveraging its assets to build an innovative and sustainbility-oriented economy.
465
Proximity to Major Markets
IN
CITY Cincinnati, OH Dayton, OH Columbus, OH Indianapolis, IN Lexington, KY Louisville, KY Toledo, OH Detroit, MI Cleveland, OH Chicago, IL Pittsburgh, PA
OH
KY
MILES 25 35 98 110 110 140 190 247 248 274 281
Utilities & Sustainability The City of Hamilton is unique in that it owns and operates all four major utilities: electric, natural gas, water and wastewater. It is consistently among the most affordable providers of utilities in the entire state of Ohio. Along with its affordability, Hamilton is among the most progressive in sustainable electric power generation. Approximately 70% of its power generation will come from renewable resources - hydroelectric power - by 2014. Consequently, Hamilton’s rates will not be subject to the same market fluctuations of fossil fuels, creating stable and competitive rates.
Business Incentives Hamilton has a variety of business incentives that can assist companies as they invest in the City. The City has tax incentives, loans, and a variety of financing options, some of which can be combined with State incentives. Hamilton is committed to being business-friendly and works with companies to make projects happen.
About the Properties
The following properties provide a wide variety of options of our available spaces, ranging in size from 135,000 sq. ft. to over a million sq. ft., and provide a variety of amenities, depending on the needs of the business.
7%
70% RENEWABLE ENERGY
When the city completes construction on the new Meldahl Hydroelectric Dam in 2014, the amount of Hamilton’s power generation from renewable, non-carbon emitting sources will be between 65-70%, and 100% by the end of 2015. In contrast, many communities in the US have a goal of 25% by 2025.
UTILITY COSTS
It is often the case that going green comes at a higher cost. Not in Hamilton. The city’s customer-owned utilities operations will provide customers a 7% average monthly savings over their neighbors in Southwest Ohio in 2013. Coupled with Utility Development Agreement incentives, this savings can be increased even more.
BEST TASTING WATER
In 2010, the City’s water received the Gold Medal at the Berkeley Springs International Water Tasting competition, rated as “The Best Tasting Tap Water in the World” in blind taste testing. The City of Hamilton’s water won the “Best of the Best” Water Taste Test, as the best tasting municipal water in the State of Ohio in 2010 and 2012.
3550 Symmes Building Detail Total Building Size
330,688 sq. ft.
Warehouse
297,500 sq. ft.
Office
33,188 sq. ft. (2 story)
Floor
6” reinforced concrete
Asking price Annual Rental Rate Column spacing Year built Power Ceilings Truck Docks Drive-in Doors Parking Land/Acres
$7,500,000 ($22.68/sq. ft.) $2.75/ sq. ft. nnn 50’4” X 50’4” 1996 2000 amps, 480 V 3 phase
Fast Facts 330k
Total building area (sq. ft.)
$7.5 mm
Asking price ($22.68/sq. ft.)
24’-25.5’ 17 (16 with levelers and seals) 1 200+ space lot 29.7 Acres (Room for expansion)
For sale or lease Terms negotiable
150 High St. Building Detail Total square feet
167,447 sq. ft.
Asking Price
$1,200,000
Year Built
1968
Floors
3
Parking
Parking lot and garage in rear
Dining area
Includes cafeteria, 3,587 sq. ft.
Elevator
Passenger and Freight
Fast Facts 167k
Total building area (sq. ft.)
$1.2 mm
Asking price ($7.18/sq. ft.)
For sale or lease Terms negotiable
131-136 N. Third St. Building Detail Total Size
Floor Plate Technical Support
428,000 sq. ft. 8 story building - +/-229,000 sq. ft. 6 story building - +/-91,000 sq. ft. 4 story building - +/-80,000 sq. ft. 15,000 - 43,000 sq. ft. Fiber optic ring cabinet located within the building Category 5 cabling Full floor data center
Dining Area Elevators Parking • 3 buildings available • Competitive rates • Partial lease-back by owner possible
Full service cafeteria 2 + freight elevator 750 parking spaces
Fast Facts 428k
Total building area (sq. ft.)
For sale or lease Terms negotiable
601 N. B St. • • • •
Former SMART Paper facility located on Great Miami River Over one million sq. ft. of space Divisible Ample parking
Fast Facts For lease Terms negotiable
"N O R TH S
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PROPOSED SITE PLAN
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PROJECT NORTH
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"D STREET"
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" R H E A A V E N U E" PROPOSED SITE AND BUILDING ALTERATIONS
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"B" STREET, HAMILTON, BUTLER COUNTY, OHIO 45011
ROBERT J. TREADON, LICENSE #5521 EXPIRATION DATE 12/31/2013
27 Kiesland Ct. Building Detail Total Building Size
50,000 sq. ft.
Warehouse
20,000 sq. ft.
Production
25,000 sq. ft.
Office Year Built Asking Price Power Ceilings
5,000 sq. ft. 1990 & 1998 $1,295,000 ($25.90/sq. ft.) Heavy electric 17’ - 29’
Truck Docks
4
Drive-in Doors
2
Parking Land/Acres
Ample 5.542 Acres
Fast Facts 50k
Total building area (sq. ft.)
1.295 MM Asking price
For sale
Terms negotiable
Vora Technology Park Vora Technology Park provides Class A office space, a secure state-of-the-art data center, and a professional incubator wing for the use of both established and growing hightechnology companies, thereby providing partners and tenants the opportunity to exponentially grow their businesses. In 2007, Cincinnati Bell Technology Solutions (CBTS) invested approximately $60 million in the development of a new data center at the site.
Building Detail Total Building Size Available Space Lease Rate Data
Amenities
Parking Land/Acres
365,000 sq. ft. Up to 135,000 sq. ft. $10/sq. ft. nnn 60,000 sq. ft. data center Tier II/III Fiber optics throughout Video conferencing Cafeteria Banquet room Conference center Walking trails 850 spots 55 Acres
Fast Facts 135k
Building area available (sq. ft.)
For lease Terms negotiable
6 3 4
By-Pass 4
3550 Symmes Rd.
131 N. Third St.
150 High St.
Vora Technology Park
Downtown Hamilton
601 N. B St.
27 Kiesland Ct.
State Rt 129
Building Locations
Workforce Fast Facts
Drive Time 10 Min
20 Min
30 Min
2010 Employed Population 16+ by Occupation Total
32,744
161,292
435,196
White Collar
60.3%
66.8%
66.0%
Management/Business/Financial
14.3%
16.0%
15.4%
Professional
19.8%
24.0%
24.7%
Sales
11.1%
11.9%
11.5%
Administrative Support
15.1%
14.9%
14.4%
Services
16.4%
14.4%
15.8%
Blue Collar
23.3%
18.8%
18.1%
Farming/Forestry/Fishing
0.1%
0.1%
0.1%
Construction/Extraction
5.7%
3.8%
3.7%
Installation/Maintenance/Repair
3.0%
3.0%
2.9%
Production
7.4%
6.3%
6.0%
Transportation/Material Moving
7.2%
5.6%
5.4%
Total
28,779
148,319
415,011
Did not Work at Home
98.0%
97.6%
97.2%
2.1%
2.3%
2.4%
5 to 9 minutes
10.0%
8.7%
9.4%
10 to 19 minutes
29.9%
30.4%
30.9%
20 to 24 minutes
16.9%
17.7%
18.2%
25 to 34 minutes
20.5%
21.4%
21.8%
35 to 44 minutes
6.7%
7.0%
5.8%
45 to 59 minutes
7.5%
6.6%
5.2%
60 to 89 minutes
2.8%
2.2%
2.0%
90 or more minutes
1.7%
1.3%
1.4%
Worked at Home
2.0%
2.4%
2.8%
24.3
23.6
22.8
435k
Workforce within 30 minute drive time
Top Occupations Blue Collar
2010 Workers 16+ by Travel Time to Work
Less than 5 minutes
Average Travel Time to Work (in min)
32,747
161,293
435,193
Agriculture/Mining
0.3%
0.2%
0.2%
Construction
7.1%
5.1%
4.8%
15.6%
15.0%
13.4%
3.2%
3.9%
3.6%
11.8%
12.1%
11.4%
Transportation/Utilities
5.5%
4.5%
4.1%
Information
1.3%
1.6%
1.7%
Manufacturing Wholesale Trade Retail Trade
Finance/Insurance/Real Estate Services Public Administration
Administrative Support
White Collar
Sales Management/ Business/ Financial Professional
Top Industries 50%
2010 Employed Population 16+ by Industry Total
Services
7.6%
8.1%
7.7%
44.5%
46.3%
49.7%
3.1%
3.1%
3.3%
40%
30%
20%
10%
0%
Services
Manufacturing
Retail Trade
Finance/ Insurance/ Real Estate
Economic Development Hamilton has been proactive in its efforts to build, attract, and retain innovative and entrepreneurial companies. In 2012, Hamilton experienced growth in the information and technology field and anticipates continued development in 2013. Key economic development news for 2012 include:
Liferay Liferay recently announced plans to open its national sales office in Downtown Hamilton in the beginning of 2013, bringing 6 to 15 well-paying jobs to the City. Liferay is a California-based technology company that is a leading provider of enterprise open source portal and collaboration software products. Joshua Asbury, Liferay’s Director of Corporate Sales said, “The city’s proximity to national recognized universities and world-class corporations will allow us to attract top talent for our growing sales team.”
Koncert IT In 2012, Koncert IT, a global information technology solutions company, announced it would be adding 50 new jobs to its site at Vora Technology Park. It is a knowledge processing center producing pharmacy support with Kroger. “Vora Tech Park is the ideal destination for a knowledge processing center,” said Walt McLaren, President of Koncert IT.
Liferay’s Josh Asbury with Hamilton City Manager Joshua Smith at the State of the City address. Photo Courtesy of Greg Lynch at Hamilton Journal News.
$220 Million
Projected investment in real and personal property in projects currently under way
650,000
Square feet of new retail in Hamilton
3+ Million
Workforce of the Cincinnati-Dayton Metroplex
37
Colleges, universities, branch campuses, and community colleges in Greater Hamilton
2,000
New jobs projected to be created as part of the Strategic Plan
Contact Available Buildings Jody T. Gunderson
Economic Development Director City of Hamilton, Ohio 513.785.7070 gundersoj@hamilton-oh.gov
February 7, 2013 Hamilton, Ohio
CityBUTLER of Hamilton COUNT Y OHIO