Key Points. Convenient market access International business community Quality of life
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1 Charlotte Overview
2 Key Points Strategic location Workforce availability Exceptional business environment Convenient market access International business community Quality of life PATRICKSCHNEIDERPHOTO.COM
3 Strategic Location Charlotte is the center of the East Coast market Charlotte businesses can reach 53 percent of the U.S. population within two hours by air or 24 hours by truck
4 Charlotte: Center of the Carolinas Population North & South Carolina: 14.4 million 100-Mile Radius: 7.5 million Charlotte MSA: 2.3 million Charlotte-Mecklenburg: 966,160
5 Charlotte Region City of Charlotte + Mecklenburg County Population (2013) Charlotte MSA: 1.9 million Mecklenburg County: 999,060 City of Charlotte: 796,921
6 Charlotte- Mecklenburg University of North Carolina at Charlotte Charlotte-Douglas International Airport Uptown / Center City
7 Diversified Workforce Charlotte MSA Number of employees Percentage Non-farm employees in Charlotte MSA 820, Trade, Transportation & Energy Production 171, Professional & Business Services 139, Government, including Public Education 117, Healthcare & Private Education 86, Leisure & Hospitality 78, Financial Services 71,500 9 Manufacturing 68,300 8 Construction & Mining 35,400 4 Other Services 31,600 4 Information 21,600 3 Source: Bureau of Labor Statistics, May 2012, Table D-2
8 Strong Pattern of Workforce In-Migration Labor Force Growth: (December) Charlotte-Mecklenburg North Carolina USA 22% 13% 7% Skilled workers move to Charlotte Charlotte ranks 5 th in attracting professionals under age 40 from other metro areas Two factors: quality of life and jobs
9 Business Environment Major headquarters city Second-largest U.S. banking center: Bank of America, Wells Fargo Telecommunications and IT center (Microsoft East) Multiple back office operations Rapidly emerging health care industry center: CHS, Novant and Premier Energy and power generation technology center Largest manufacturing county in North Carolina CURT PETERS
10 Pro-Business Culture Open to new people and ideas Business leadership active in community Tradition of public-private initiatives AAA bond ratings city, county and state Below average cost of living Good maintenance of public assets High architectural standards Productive workforce
11 Below Average Cost of Living City Index Tampa 93.0 Indianapolis 94.4 Charlotte 94.7 Atlanta 96.9 Houston 97.9 Dallas 98.9 Miami Chicago Washington, D.C New York (Manhattan) (Source: ACCRA, 2012 Annual Average = US Average Index)
12 971 company headquarters 14 Fortune 1000 headquarters Headquarters City 8 Fortune 500 headquarters in Charlotte region (including three that relocated to Charlotte within the last decade: SPX Corporation, Domtar and Lowe s)
13 Significant Headquarters Relocations Year Jobs AREVA JELD-WEN MSC Industrial Direct Co., Inc UTC Aerospace Systems Infinisource Chiquita Brands International Extended Stay Hotels (HVM LLC) Babcock & Wilcox Husqvarna North & Latin America Electrolux North America Premier, Inc CB&I (formerly Shaw Power Group) ,000
14 Significant Office Announcements Year Jobs MetLife ,386 Convergys ,600 XPO Logistics, Inc Time Warner Cable Compass Group Mitsubishi Nuclear Energy Systems Electrolux Capgemini Hewitt Associates Husqvarna American Red Cross Citco Funds Services
15 Large Back Office Operations Jobs Wells Fargo 9,000 TIAA-CREF 3,500 Bank of America 1,100 Allstate Insurance 1,250 The Vanguard Group 1,200 Hewitt Associates 800 LPL Financial Services 789 AXA Financial 630 Liberty Mutual Insurance 550 Travelers 400
16 Excellent Colleges and Universities Location Students Belmont Abbey College Belmont 1,711 Central Piedmont Community College Charlotte 61,095 Gaston College Dallas, NC 22,137 Johnson & Wales University Charlotte 2,536 Johnson C. Smith University Charlotte 1,543 Pfeiffer University at Charlotte Charlotte 2,020 Queens University Charlotte 2,491 Rowan-Cabarrus Community College Salisbury 21,583 University of North Carolina at Charlotte Charlotte 25,277 Other regional colleges and universities 89, ,763
17 UNC Charlotte increases Ph.D. programs Student enrollment surpasses 25,000
18 Excellent Access to Markets International airport with 682 daily flights 142 destinations Daily nonstop flights to London, Frankfurt, Rome, Paris, Madrid, Dublin, Toronto, Ottawa, Montreal, Mexico City, Rio de Janeiro and numerous Caribbean destinations 6-hour time difference with Central Europe Central Mid-Atlantic location Superb interstate highways and rail Charlotte-Douglas International Airport is only 5 to 25 minutes from key office and industrial parks Sao Paulo flight is pending PATRICKSCHNEIDERPHOTO.COM
19 Charlotte-Douglas International New 3 rd parallel runway now in operation Total of 4 runways Fourth parallel runway in planning stage Expanded terminal Intermodal facility under construction
20 Light rail line to Pineville in operation since November 2007 Commitment to Public Transit Additional transit corridors in planning and development Recent funding accelerated the operational date of the Blue Line extension to 2017
21 Growing number of foreign-owned firms 950 foreign-owned companies in Charlotte (only 325 in 1990) Germany 194 United Kingdom 128 Canada 90 Japan 84 France 65 Switzerland 55 Netherlands 50 Italy 50 Sweden 37 Australia 22 Ireland 19
22 Vibrant City Center Bank of America, Duke Energy and Wells Fargo Bank of America Stadium Time Warner Cable Arena BB&T BallPark under construction Multiple condo projects Downtown festivals PatrickSchneiderPhoto.com
23 Discovery Place Center City Arts and Culture ImaginOn: Cultural and education center for children Levine Museum of the New South The Light Factory McColl Visual Arts Center Blumenthal Performing Arts Center NC Dance Theatre Charlotte Symphony Orchestra PatrickSchneiderPhoto.com
24 New South Tryon Arts District Gantt Afro-American Cultural Center Mint Museum of Art Bechtler Museum of Modern Art Duke Energy Tower
25 Center City Education More than 29,000 students enrolled 8 higher education facilities Central Piedmont Community College Charlotte School of Law Johnson & Wales University Johnson C. Smith University Montreat College Northeastern University Graduate Center UNCC Uptown Campus Wake Forest University Charlotte Campus
26 Center City Select Statistics 800,000 square feet new/expanded business in 2 years 18 million square feet of office 80,000 employees 14,500 residents 220 acres of green space 16,400 average weekday LYNX riders
27 NASCAR Hall of Fame and Tower
28 Residential options in center city, on Lakes Norman and Wylie and in quiet suburbs Variety of housing styles and prices Friendly and family-oriented Liveable neighborhoods Homes for Any Lifestyle
29 Arts and Culture Charlotte Symphony Orchestra North Carolina Dance Theatre Theatre Charlotte Carolinas Concert Association Opera Carolina Oratorio Singers of Charlotte St. Peters Chamber Music Series Charlotte Philharmonic Orchestra
30 Sports NFL Carolina Panthers NBA Charlotte Bobcats NASCAR Wells Fargo Championship (PGA Golf) Charlotte Knights (AAA Baseball) Charlotte Checkers (AHL Hockey) Charlotte Hounds (Major League Lacrosse) World disc golf championships
31 Nature Numerous day trip opportunities Large freshwater lakes: Norman, Mountain Island and Wylie Two hours to highest mountains in Eastern North America Three and a half hours to beautiful Atlantic beaches
32 U.S. National Whitewater Center
33 Four seasons with mild winters Only half of winter days below freezing Sunshine 214 days a year Daily maximum temperature range: 88.9ºF (July) to 49ºF (January) Fantastic Weather
34 Charlotte Accolades #1 - Happiest young professionals (Forbes, November 2011) #1 - Fastest growing large urbanized area from (US Census, March 2012) #2 - Best value of all 353 metro areas (Kiplinger.com, July 2011) #3 - Best large metro to be looking for a technology job (Simply Hired, July 2012) #4 - Fastest growing job market of all metros of 1 million or more (Urbanophile, March 2012) #5 - Fastest growing MSA in U.S. (Forbes, March 2013)
35 Charlotte: A great location
e N ter CenterCity Charlotte
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