CoreNet Global Announces Economic Development Award Winners at Toronto Global Summit
Four Economic Development Groups Receive Top Honors
Representatives of the 12 award finalists assembled on stage at the Toronto Global Summit.
The Economic Development Leadership Award recognizes excellence in best practices within field of site selection and location analysis.
Toronto, Ontario and Atlanta, Georgia April 19, 2005 Four economic development organizations that exemplify the leading edge of the site selection industry were selected as winners for CoreNet Global s 2005 Economic Development Leadership & Accomplishment Awards. Winners have been recognized in two categories, Leadership & Innovation and Major Projects/Deals.
CoreNet Global, the world s leading professional association of corporate real estate executives, recognizes the increasingly strategic role that location plays in corporate strategy and operations. Its members include senior-level corporate real estate executives involved in these strategic roles and economic development organizations, representing national, state, regional and local interests. Now in its fourth year, the award recognizes leadership, best practices and innovations in economic development among the organizations serving communities and corporations involved in location decisions.
The winners for Leadership and Innovation announced at CoreNet Global s Toronto Summit are:
Farmers Branch Mayor Bob Phelps is pictured with Norma Nichols and Linda Groomer
City of Farmers Branch, TX
An innovative local incentives package that resulted in the location of the JP Morgan Investment Services global investment service division through $1.2 million in annual property tax abatements, $1.6 million in sales tax exemption and $932,342 in training grants.
CRITERIA RESPONSE (PDF: 108 KB)
PRESENTATION (PPT: 80 KB)
Team Pennsylvania led by Secretary Dennis Yablonsky, David Yeager, Dan Gundersen and Becky Wingenroth
Commonwealth of Pennsylvania, Department of Community & Economic Development
The state s Economic Stimulus Package leverages $2.3 billion in bonds and loan guarantees, includes an R&D tax credit program, and has resulted in the state seeing a 65% increase in successfully completed projects and a 76% rise in offers to business.
CRITERIA RESPONSE (PDF: 121 KB)
PRESENTATION (PPT: 154 KB)
CoreNet Global Economic Development Leadership Award winners for Major Projects/Deals are:
Don Kirkman of Piedmont Triad with Susan Fleetwood of N.C. Department of Commerce; Bob Leak of Winston Salem Business not pictured
Piedmont Triad, NC, Partnership for Dell
Dell, Inc. selected the region for its largest manufacturing plant in the world a $115 million, 600,000 square foot facility with up to 2,000 employees resulting from the Piedmont Triad Partnership s work with the state, Community Colleges and the Golden Leaf Foundation.
CRITERIA RESPONSE (PDF: 81 KB)
PRESENTATION (PPT: 25,455 KB)
San Antonio EDF President Mario Hernandez joins CoreNet Global Board member Joe Tibenski and cosponsor Jay Biggins of SBB
San Antonio, TX, Economic Development Foundation for Toyota Suppliers
A year after Toyota s location of a 2,000 employee truck plant, the EDF announced the addition of 18 on-site suppliers employing 1,500 workers, an unprecedented number at any North American automotive plant supplementing Toyota s $800 million investment.
CRITERIA RESPONSE (PDF: 104 KB)
PRESENTATION (PPT: 6,937 KB)
"Economic development the industry and the professionals serving it must understand the mindset that companies individual location decisions are linked to global business strategies of their clients," said CoreNet Global President and CEO Peggy Binzel. "Our Corporate Real Estate 2010 research shows that this has become a key factor in determining which locations and communities come out ahead in the competition for new jobs and capital investment. The award winners and finalists share that understanding of the rapidly changing business needs of major companies seeking a competitive edge through their location decisions."
Other Finalists
Arlington, VA, Economic Development
CRITERIA RESPONSE (PDF: 99 KB)
Beacon Council, Florida
CRITERIA RESPONSE (PDF: 88 KB)
PRESENTATION (PPT: 9,568 KB)
Cumberland County, NC, Business Council
CRITERIA RESPONSE (PDF: 161 KB)
PRESENTATION (PPT: 27,571 KB)
Economic Development Corporation of Wayne County, IN
CRITERIA RESPONSE (PDF: 78 KB)
PRESENTATION (PPS: 18,769 KB)
Michigan Economic Development Corporation
CRITERIA RESPONSE (PDF: 63 KB)
PRESENTATION (PPT: 1,420 KB)
Pearland, TX, Economic Development Corporation
CRITERIA RESPONSE (PDF: 98 KB)
PRESENTATION (PPT: 3,500 KB)
Pennsylvania Dept. of Community & Economic Development
CRITERIA RESPONSE (PDF: 66 KB)
PRESENTATION (PPT: 983 KB)
Tennessee Valley Authority
CRITERIA RESPONSE (PDF: 54 KB)
Award Judges
Judges from leading corporations, all site selection experts, reviewed a record total of 29 nominations, and named 12 finalists. Their time and knowledge are greatly appreciated:
Daniel Boutross, Director, Portfolio/Project Planning, Sprint
Beth Choulas, Manager, Portfolio Office, Capital One
Larry Ebert, VP, Corporate Real Estate, Capital One
Michael Edwards, Senior Manager, Global Development, Intel Corp.
James Harbaugh, Director, Corporate Real Estate, Bristol-Meyers Squibb Co.
Gordon Lorig, VP, Strategic Infrastructure Group, JP Morgan Chase
Blain Trendler, Global Site Selection & Development, Intel Corp.
Special thanks to our sponsors:
CoreNet Global • 260 Peachtree Street NW, Suite 1500, Atlanta, GA 30303 • 1.404.589.3200
CoreNet Global Announces Economic Development
