Promising Cities for International Business Savannah, GA U.S.A. September 15, 2020
Accolades • No. 1 state for doing business according to Site Selection Magazine and Area Development 6 years in a row • Georgia is No. 1 for workforce development programs, cooperative and responsive state government, competitive labor environment, and speed of permitting • Savannah is the fastest growing industrial Savannah market in the US • Savannah is a top ten metro for bringing in economic development projects (population 200,000 to 1 million)
Location • Ideally situated on the Atlantic Ocean • 250 miles from Atlanta, Ga. 3 rd largest metro area in Georgia • • Savannah is the fastest growing industrial market in the US (Colliers International) • Savannah is a top ten metro for bringing in economic development projects (population 200,000 to 1 million) (Site Selection Magazine) Bryan County
Savannah’s Infrastructure • Roads: Nationally top-ranked highway system, I95 & I16 • Rail: Most extensive network in South East, 2 class I railroads on Savannah’s port terminal Port of Savannah: Fastest growing and 4 th • busiest in USA • Airport: 50+ daily direct flights out of Savannah and easy access to the world’s busiest passenger airport in Atlanta • Services: 90% of top 25 3PL’s operate in GA
Logistics Advantage • 70 percent of consumers live East of Dallas and Chicago • Immediate access to Detroit New York Interstate 95 & Interstate 16 Pittsburgh Chicago • Two Class I railroads on terminal with Washington DC Cincinnati Norfolk Southern & CSX Charlotte • Western most seaport/due South of Pittsburgh, PA Atlanta Dallas Savannah 20 HOURS 10 HOURS 3 HOURS • Within 300 miles, 34.6 million Houston residents, 11 major metro areas, eight major international airports and five major ports
Location & Air “Savannah/Hilton Head International Airport 5 th best domestic airport in the US” by Condé Nast Reader’s Choice Awards Passenger Service Savannah/Hilton Head International Airport provides 32 non-stop destinations: Portsmouth Minneapolis Year-Round Seasonal Grand Rapids Toronto Boston Providence Atlanta Allentown Niagara Falls • • Detroit Allentown New York Chicago Cleveland Baltimore • Columbus • Newark Pittsburgh Boston • Philadelphia Grand Rapids • Columbus Indianapolis Charlotte Baltimore Cincinnati • Indianapolis Denver • St. Louis Washington DC Chicago – O’Hare • Louisville Louisville • Cincinnati • Minneapolis • Cleveland • Nashville Charlotte Nashville • Dallas/Fort Worth • Atlanta New York -SWF • Denver • Dallas Savannah Pittsburgh • Detroit • Punta Gorda Houston • • Houston Miami • St. Louis • New York City -LGA/JFK • Toronto • Newark Punta Gorda • Miami Philadelphia • Washington DC -DCA/IAD • Source: Savannah/Hilton Head International Airport, July 2019
Cost of Living Comparison Composite index includes grocery items, Boston 148.8 housing, utilities, transportation, healthcare and misc. goods and services New York City 245.7 Savannah 88.9 Chicago 121.9 Jacksonville 91.1 Richmond 94.9 Greenville 93.5 Raleigh 96.8 Richmond 94.9 Nashville 96.0 Greenville 93.5 Atlanta 99.9 Nashville 96.0 Charleston 99.0 Savannah 88.9 Charleston 99.0 Austin 100.7 Jacksonville 91.1 Atlanta 99.9 Chicago 121.9 Boston 148.8 NYC 245.7 Source: Council for Community and Economic Research’s Cost of Living Index, Third Quarter 2019
Cost of Doing Business Composite index includes labor costs, energy costs, state and local taxes and office rent Boston 130.2 New York City 162.4 Savannah 83.2 Atlanta 93.5 Chicago 102.0 Charleston 93.6 Mobile 94.0 Jacksonville 94.7 Atlanta 93.5 Charleston 93.6 Savannah 83.2 Chicago 102.0 Austin 103.5 Austin 103.5 Jacksonville 94.7 Mobile 94.0 Boston 130.2 NYC 162.4 Source: Moody’s Analytics North American Business Cost Review, 2018 Edition
289,195 Chatham County — Population Population & Workforce • 150,948 workforce • 289,195 population Roads 154,809 Interstates — Workforce Source: US Census Bureau 2018 ACS 1Y Estimates
Effingham County 389,494 — Population Savannah MSA Bryan County Chatham County Population & Workforce for Bryan, Chatham and Effingham County • 199,208 workforce • 387,543 population 206,157 — Workforce Source: US Census Bureau 2018 ACS 1Y Estimates
Pillars of Savannah’s Economy Manufacturing Port Logistics Healthcare Creative and Technical Services Entertainment Production Academic/Military/Government Tourism
Source: Georgia Department of Labor, 2018
Manufacturing Manufacturing employment represents 10 percent of the workforce in the Savannah MSA. Broad manufacturing base with • products ranging from local honey to executive jets to turbines $4.7 billion in output • Represents 21% of the Savannah MSA • total GDP Source: Georgia Department of Labor, 2019 & U.S. Bureau of Economic Analysis, 2018
Port Logistics
Healthcare Healthcare and social assistance employment represents 13 percent of employment in the workforce in the Savannah MSA. Savannah is the regional hub for advanced • healthcare with two major medical centers and two state of the art cancer centers: St. Joseph’s/Candler o Memorial Health University Medical o Center $2.1 billion in GDP • Source: Georgia Department of Labor, 2019 and Bureau of Economic Analysis, 2018
Creative Technologies Focused on the intersection of creatives, technology & entrepreneurship Areas of Interest: • Film & Television Development & Production • Graphic Design Digital Media • Industrial Design Technology • Aerospace, Advanced Manufacturing, Logistics Technology • Information Technology • Interactive Design & Game Development • Software Development • Other Specialized Design Services Logistics & • Industry Support Services Healthcare Advanced Manufacturing Technology Technology
Entertainment Production Peanut Butter The Glorias Council of Gemini The Act Lady and the Falcon 2020 Dads Man 2019 Tramp 2019 2020 2019 2019
Academic/Military/Government Academic and government employment represents 13 percent of the workforce in the Savannah MSA. Savannah is home to Hunter Army • Airfield and Ft. Stewart, headquarters of the US Army ’ s 3 rd ID. Military economic impact of • approximately $4.95 billion annually. The area boasts 18 colleges and • universities, including the nationally acclaimed Savannah College of Art and Design and Georgia Southern University. Source: Georgia Department of Labor, 2019
Tourism Leisure and Hospitality employment represents about 15 percent of the workforce in the Savannah MSA. 14.8 million annual visitors • $3.1 billion in total spending • Nearly 27,200 employees in the industry • Largest landmark historic district in the • nation Twice as many art galleries per capita as • New York City “A World’s Best Cities” by Travel & Leisure Source: Visit Savannah, 2019 Longwoods and Georgia Department of Labor, 2019
WHY SAVANNAH? Education/Workforce Training Quality of Life /Lifestyle Customized Incentives SEDA
Public Education in Chatham County Savannah is fortunate to have an award-winning public school system that is large, diverse and neighborhood focused . Nationally recognized for innovative use of technology, Savannah-Chatham County Public School System has 23 elementary schools, 8 K-8, 8 middle schools, 11 public high schools and 5 charter schools. • Savannah Arts Academy is consistently a top public high school in Georgia • Woodville Tompkins Technical and Career High School was named one of 30 schools as “Program of Excellence” by ITEEA • Isle of Hope K-8 awarded First Place for Georgia STEM Education • Jenkins High School is one of 8 school in the state to be STEM certified Source: SCCPSS
Public Education in Chatham County • The STEM Academy at Bartlett was named the #1 middle school STEM program in the nation. Savannah Classical Academy ranked 1 st of all • middle schools in Savannah and a top five elementary school based on CCRPI scores. May Howard Elementary won 1 st place at the • 2019 regional Lego Robotics Competition. • Isle of Hope K-8 School is a three time (2017, 2018, 2019) NASA student astronaut national champion. Source: SCCPSS
Private Education in Chatham County Savannah is home to nearly 40 top tier, award-winning private schools. • St. Andrews • “Apple Distinguished School” – innovation, leadership, educational excellence. • One of “America’s Most Challenging Private High Schools” - Washington Post • Savannah Christian Preparatory School • “One of the top 50 private schools in America” - Council for American Private Education • National Blue Ribbon Award • Savannah Country Day • Class of 2019 was offered $5 million in scholarships to some of the most competitive colleges and universities in the country • Ranked in the top 10 Best Private Schools and top 20 Best High Schools for STEM in Georgia by niche.com
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