Warrensburg MO Opportunity Zones

Connect with the Warrensburg region opportunitywarrensburg.com Harold Stewart City Manager City of Warrensburg 660.747.9131 harold.stewart@warrensburg‐mo.com

Tracy Brantner, CEcD Economic Development Director Johnson County Economic Development Corpora on 800.431.0675 660.747.0244 brantner@growjocomo.com

Developed in Partnership with:

WARRENSBURG, MISSOURI OPPORTUNITY ZONES Investor Prospectus opportunitywarrensburg.com

INVESTING IN WARRENSBURG

DEAR INVESTMENT PARTNER , Welcome to Opportunity Warrensburg! a series of development opportuni es within the two Opportunity Zones established in the City of Warrensburg, Missouri. The designated Zones: Opportunity Warrensburg NW and Opportunity Warrensburg SW, make up a large por on of the western boundaries of the City. The Zones encompass the downtown, the University of Central Missouri, and a number of light

OPPORTUNITY AWAITS

industrial, residen al and mixed‐use development‐ready proper es.

Warrensburg’s loca on, its business climate and its sophis cated small town appeal will complete your business plan by providing op mal space from which to operate while providing your employees a high quality of life including access to quality educa on, recrea on, shopping and a highly compe

ve cost of

living. Warrensburg boasts the best of rural life: an educated available labor pool, a world class University, a burgeoning downtown and an engaged community that works hard every day to improve the place they call home.

We welcome you to view the a ached informa on and visit the website and the linked resources that provide addi onal detail. We also invite you to talk with us, tour the Zones and the community, and consider making your next successful investment here.

Regards,

HAROLD STEWART CITY MANAGER CITY OF WARRENBURG, MO

Page 2

TRACY E. BRANTNER, CEcD ECONOMIC DEVELOPMENT DIRECTOR JOHNSON COUNTY ECONOMIC DEVELOPMENT CORPORATION

WHY INVEST IN WARRENSBURG? Warrensburg is ready to maximize the benefits of Opportunity Zones for investors, developers, and the community. Sites, buildings, and thriving businesses in the zones are poised for investment. A flourishing community with energized leadership, there has never been a be er me to invest here.

 New and expanding primary employers 

Mul ple local and state incen ves available



Easy access to transporta on routes



Unique assets, including Whiteman Air Force Base

Warrensburg Opportunity Zones’ Average Investment Score:

7/10

and University of Central Missouri 

Available Labor Pool of over 104,000



2018 economic development strategic plan



Pro business climate



Local leadership commi ed to growth

We invite you to explore and discover the financial benefits of inves ng in Warrensburg!

Warrensburg NW Zone Investment Score: 8/10 Warrensburg SW Zone Investment Score: 6/10

Only 26% of Missouri’s opportunity zones rank 8 or higher.

Source: St Louis Federal Reserve, Opportunity Zones Explorer Data, 2019

Page 11

LOCATED FOR SUCCESS

Distance from Warrensburg

Average Drive Time

INTERSTATE 70

17 miles north

15 minutes

DOWNTOWN KANSAS CITY, MO

60 miles west

75 minutes

ST. LOUIS, MO

230 miles east

3.5 hours

POPULATION

HIGHWAY ACCESS

Warrensburg is a thriving The city sits at the center of community of just under trade, located for success at 20,000 residents. As the the crossroads of: regional hub of an 6‐county U.S. Hwy 50 & MO Hwy 13, area and home to the and 17 miles south of I‐70 via University of Central Missouri, MO Hwy 13. the available labor pool exceeds 100,000.

MAJOR MARKETS Warrensburg is equally situated within 500 miles of mul ple major markets including Chicago, Dallas, Indianapolis, Memphis, Minneapolis and Nashville.

Within the 500 mile range, companies can reach over 73 million people, over 22% of the popula on.

Page 3

EDUCATION & WORKFORCE

INNOVATION

Establish a Vision and Work Regionally

SKILLS

COLLABORATION

FLEXIBILITY & CONVENIENCE

Page 4

The Warrensburg Area Career Center focuses on developing a powerful workforce for the future.

Increasing job skills allows par cipants access to be er pay and be er opportuni es for addi onal educa on.

Warrensburg is home to the University of Central Missouri, an innova ve ins tu on working to connect educa on and career. UCM offers professional educa on courses, career cer fica on programs, and customized corporate curriculum through the classroom and online.

A collabora on between a local school district (Lee's Summit R‐VII), local community college (Metropolitan Community College) and UCM evolved into the Missouri Innova on Campus, a new experience for students.

Involvement from the community and business sector allows student's access to science, technology, engineering, and mathema cs complete with internships in the business community.

Flexibility and convenience are the hallmarks of the educa onal opportuni es at the State Fair Community College, located only 30 minutes from Warrensburg.

Convenient formats such as late a ernoon and evening classes as well as summer sessions provide access to a broad spectrum of the community.

Establish a Vision and Work Regionally

WARRENSBURG

676 NEW JOBS in last 5 years Johnson County jobs grew by 676 over the last 5 years and are projected to grow by 944 over the next 5 years

MODERN Warrensburg is a burgeoning community with ameni es rivaling larger ci es but with a mid‐America, small town feel. First rate health care, first rate infrastructure, and plenty of entertainment and leisure ac vi es allow for all community members to enjoy and thrive in Warrensburg.

5‐Year Job Growth by Industry 1. Transporta on & Warehousing 2. Wholesale Trade

30

3. Professional, Scien fic and Technical 60

4. Manufacturing 5. Educa onal Services

Distance in miles

AFFORDABLE HOUSING

NEW

$212k

EMSI Data—4th Quarter 2018—MU Extension & BEA Trend—2012—2017 Employment by Industry

2018 Labor Basin Availability Analysis, prepared by The Docking Ins tute at Fort Hays State University

Warrensburg enjoys a low cost of living, affordable pricing and apprecia ng home values.

COST OF LIVING

WORKFORCE

8.9% LOWER

Average cost of a new home with a basement*

of available labor pool completed some college or higher

78%

LABOR SECTORS

Of those currently employed in the available labor pool

THAN U.S. AVERAGE

$169k

$600 per month

Average cost of a pre‐owned home with a basement*

Average Age

IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII

Average 2‐bedroom apartment rent

*based on 1,500 sq

home

PROUD Whiteman Air Force Base is just 10 minutes from Warrensburg. Whiteman AFB is the home of the 509th Bomb Wing, which operates and maintains the Air Force's premier weapon system, the B‐2 Spirit stealth bomber. Whiteman’s rich history dates back to 1942. Throughout its history, the base has always been at the forefront of na onal defense. In addi on to mul ple Bomb Wing Units, several other tenant units also call Whiteman AFB home.

7,400+ $642 million

47%

85%

will commute up to 45 minutes

will commute up to 30 minutes

US

LO Es mated Total Economic Impact for Whiteman AFB

Source: FY2018 Whiteman AFB Economic Impact Report

Source: 2018 Labor Basin Availability Analysis, prepared by The Docking Ins tute at Fort Hays State University

Total Employment at Whiteman AFB

48

16,305 Millennials

US

US

HI

Johnson County, MO has 16,305 millennials (ages 20‐34).

The na onal average for an area this size is 11,162.

LO

5,950 Veterans

HI

Johnson County, MO has 5,950 Veterans. The na onal average for an area this size is 3,241.

LO

1.85/1,000 Violent Crime

HI

Johnson County, MO has 1.85 violent crimes per 1,000 people.

The na onal average for an area this size is 3.75 per 1,000 people.

Source: EMSI Data—4th Quarter 2018—Johnson County MO MU Extension

Page 8

Page 5

EDUCATION & WORKFORCE

JOHNSON COUNTY, MO LABOR BASIN Available Labor Pool: 104,435

FEATURED ZONE ASSETS

4-Lane

2

Knob Noster / Whit

1

FEATURED ZONE ASSETS

y MO —75 min.

7 min.

I-70—1

Downtown Kansas Cit

eman AFB—10 min.

4-Lane

3

Featured Opportunity Zone Assets

4 1

Recently opened, Fairfield Inn & Suites is located in the Keystone development. Addi onal pad sites are available.

2

Young Street Corridor Redevelopment Area is a priority of the City of Warrensburg and community.

5

Union Pacific RR

Maguire Street Corridor Redevelopment Area is a major

3 commercial corridor for the region. The redevelopment plan is 6

available from the City of Warrensburg.

8

7

Medical Center, Health and Wellness Corridor is the central

g NW nsbur Warre unity Zone rt Oppo

4 hub for all health and wellness professional services all anchored by the Western Missouri Medical Center.

5

U

cif Pa n o ni

ic R

R

Historic Downtown Warrensburg is booming with culture, downtown living and entertainment.

West Park is a sports family des na on. A recently completed

6 park expansion plan is available from Warrensburg Parks & Recrea on.

9

Wide variety of residen al housing op ons from single‐family

7 to mul family all co‐located adjacent to the University of 10

Central Missouri’s cultural and entertainment ameni es.

11

City Limits

g SW nsbur Warre unity Zone rt Oppo

12 Hwy BB

Clinton MO—30 min.

The University of Central Missouri (UCM) spans 1,561 beau ful Pertle Springs

8 acres and offers 12,000 students with outstanding educa onal, cultural and sports opportuni es.

9

Lion’s Lake and Culp Park provides a 3 mile walking trail, shoreline fishing lake with a dock and plenty of natural beauty.

10

UCM Pertle Springs and Mules Na onal Golf Course and Clubhouse offers a first‐class get‐away des na on.

Southside Commercial District provides a welcome to

11 Warrensburg and a major connector to Whiteman Air Force Base and southern Missouri.

12

Page 6

Recent 70+ acre development of housing and commercial at corner of Hwy BB and Business Route MO Hwy 13.

Page 7

FEATURED ZONE ASSETS

4-Lane

2

Knob Noster / Whit

1

FEATURED ZONE ASSETS

y MO —75 min.

7 min.

I-70—1

Downtown Kansas Cit

eman AFB—10 min.

4-Lane

3

Featured Opportunity Zone Assets

4 1

Recently opened, Fairfield Inn & Suites is located in the Keystone development. Addi onal pad sites are available.

2

Young Street Corridor Redevelopment Area is a priority of the City of Warrensburg and community.

5

Union Pacific RR

Maguire Street Corridor Redevelopment Area is a major

3 commercial corridor for the region. The redevelopment plan is 6

available from the City of Warrensburg.

8

7

Medical Center, Health and Wellness Corridor is the central

g NW nsbur Warre unity Zone rt Oppo

4 hub for all health and wellness professional services all anchored by the Western Missouri Medical Center.

5

U

cif Pa n o ni

ic R

R

Historic Downtown Warrensburg is booming with culture, downtown living and entertainment.

West Park is a sports family des na on. A recently completed

6 park expansion plan is available from Warrensburg Parks & Recrea on.

9

Wide variety of residen al housing op ons from single‐family

7 to mul family all co‐located adjacent to the University of 10

Central Missouri’s cultural and entertainment ameni es.

11

City Limits

g SW nsbur Warre unity Zone rt Oppo

12 Hwy BB

Clinton MO—30 min.

The University of Central Missouri (UCM) spans 1,561 beau ful Pertle Springs

8 acres and offers 12,000 students with outstanding educa onal, cultural and sports opportuni es.

9

Lion’s Lake and Culp Park provides a 3 mile walking trail, shoreline fishing lake with a dock and plenty of natural beauty.

10

UCM Pertle Springs and Mules Na onal Golf Course and Clubhouse offers a first‐class get‐away des na on.

Southside Commercial District provides a welcome to

11 Warrensburg and a major connector to Whiteman Air Force Base and southern Missouri.

12

Page 6

Recent 70+ acre development of housing and commercial at corner of Hwy BB and Business Route MO Hwy 13.

Page 7

Establish a Vision and Work Regionally

WARRENSBURG MODERN Warrensburg is a burgeoning community with ameni es rivaling larger ci es but with a mid‐America, small town feel. First rate health care, first rate infrastructure, and plenty of entertainment and leisure ac vi es allow for all community members to enjoy and thrive in Warrensburg.

AFFORDABLE HOUSING Warrensburg enjoys a low cost of living, affordable pricing and apprecia ng home values.

NEW

$212k

COST OF LIVING

8.9% LOWER

Average cost of a new home with a basement*

THAN U.S. AVERAGE

$169k

$600 per month

Average cost of a pre‐owned home with a basement*

Average 2‐bedroom apartment rent

*based on 1,500 sq

home

PROUD Whiteman Air Force Base is just 10 minutes from Warrensburg. Whiteman AFB is the home of the 509th Bomb Wing, which operates and maintains the Air Force's premier weapon system, the B‐2 Spirit stealth bomber. Whiteman’s rich history dates back to 1942. Throughout its history, the base has always been at the forefront of na onal defense. In addi on to mul ple Bomb Wing Units, several other tenant units also call Whiteman AFB home.

7,400+

Total Employment at Whiteman AFB

$642 million

Es mated Total Economic Impact for Whiteman AFB

Source: FY2018 Whiteman AFB Economic Impact Report

Page 8

COMMUNITY

HOME OF MAN’S BEST FRIEND

Old Drum Memorial, downtown Warrensburg, erected 1958

Warrensburg is home to Old Drum, a dog whose death became the subject of an 1870 Missouri Supreme Court case. The delivery of a famous speech as the closing argument to the case known as the ‘Eulogy to Old Drum’ was where the phrase ‘Man’s Best Friend’ was coined.

150 years later, Warrensburg remains dedicated to the four‐legged friends with several pet friendly restaurants, the city maintained Old Drum’s Best Friends Dog Park, dog watering sta ons throughout downtown, and even an annual Old Drum Dog fes val and parade.

PUBLIC INVESTMENTS have collected over 400 acres for use as beau

ful parks, ball fields, hiking

and biking trails, playgrounds, tennis courts, golf courses, Warrensburg Community Center and the Nassif Aqua c Center

oned for

success—with a business friendly climate, an affordable cost of living, easy access to major ci es, an ever‐growing talent and workforce pipeline, all with the friendly, small town feel of home.”

Mayor Casey Lund City of Warrensburg

“

“

“OUR COMMUNITY in the Midwest is posi

Page 9

INVESTING IN WARRENSBURG

BUSINESS FRIENDLY Great investment opportuniƟes exist in the Warrensburg market and the City has paved the way by providing:



Newly Updated Land Use Planning, developed from citizen input



Recent Available Labor Pool Information and Analysis



Available Sites & Buildings Information



Retail Leakage by Market Sector



Retail Space Listings



GIS Mapping



Streamlined Permitting and Licensing



Local and State Incentives

RECENT PRIVATE INVESTMENTS:

$32,229,000 in Warrensburg Opportunity Zones

Strong Partnerships between a number of civic groups and local government provide con nued leadership and a en on to the local economy. The recent comple on of a county‐wide economic development strategic plan allows for a guidepost to rally around and measure marked improvements in the months and years to come.

In addi on to Opportunity Zone advantages, there are a variety of local and state incen ve and tax credit programs designed to spur economic growth in the region.

Dollar Tree DistribuƟon Center Warrensburg, MO ▪ Opened June 2018 ▪ 1 million square feet ▪ $110 million investment

2018 TOP JOHNSON COUNTY MAJOR EMPLOYERS 1

Whiteman Air Force Base

6

Walmart Supercenter

2

University of Central Missouri

7

Stahl Specialty Co.

3

EnerSys Energy Products

8

Missouri Veterans Home

4

Dollar Tree Distribution Center

9

Janesville Acoustics

5

Western Missouri Medical Center

10

Northrop Grumman

Source: 2018‐3rd Quarter Company Representa ve. Does not include local school districts or municipal governments.

Page 10

INVESTING IN WARRENSBURG

DEAR INVESTMENT PARTNER , Welcome to Opportunity Warrensburg! a series of development opportuni es within the two Opportunity Zones established in the City of Warrensburg, Missouri. The designated Zones: Opportunity Warrensburg NW and Opportunity Warrensburg SW, make up a large por on of the western boundaries of the City. The Zones encompass the downtown, the University of Central Missouri, and a number of light

OPPORTUNITY AWAITS

industrial, residen al and mixed‐use development‐ready proper es.

Warrensburg’s loca on, its business climate and its sophis cated small town appeal will complete your business plan by providing op mal space from which to operate while providing your employees a high quality of life including access to quality educa on, recrea on, shopping and a highly compe

ve cost of

living. Warrensburg boasts the best of rural life: an educated available labor pool, a world class University, a burgeoning downtown and an engaged community that works hard every day to improve the place they call home.

We welcome you to view the a ached informa on and visit the website and the linked resources that provide addi onal detail. We also invite you to talk with us, tour the Zones and the community, and consider making your next successful investment here.

Regards,

HAROLD STEWART CITY MANAGER CITY OF WARRENBURG, MO

Page 2

TRACY E. BRANTNER, CEcD ECONOMIC DEVELOPMENT DIRECTOR JOHNSON COUNTY ECONOMIC DEVELOPMENT CORPORATION

WHY INVEST IN WARRENSBURG? Warrensburg is ready to maximize the benefits of Opportunity Zones for investors, developers, and the community. Sites, buildings, and thriving businesses in the zones are poised for investment. A flourishing community with energized leadership, there has never been a be er me to invest here.

 New and expanding primary employers 

Mul ple local and state incen ves available



Easy access to transporta on routes



Unique assets, including Whiteman Air Force Base

Warrensburg Opportunity Zones’ Average Investment Score:

7/10

and University of Central Missouri 

Available Labor Pool of over 104,000



2018 economic development strategic plan



Pro business climate



Local leadership commi ed to growth

We invite you to explore and discover the financial benefits of inves ng in Warrensburg!

Warrensburg NW Zone Investment Score: 8/10 Warrensburg SW Zone Investment Score: 6/10

Only 26% of Missouri’s opportunity zones rank 8 or higher.

Source: St Louis Federal Reserve, Opportunity Zones Explorer Data, 2019

Page 11

Connect with the Warrensburg region opportunitywarrensburg.com Harold Stewart City Manager City of Warrensburg 660.747.9131 harold.stewart@warrensburg‐mo.com

Tracy Brantner, CEcD Economic Development Director Johnson County Economic Development Corpora on 800.431.0675 660.747.0244 brantner@growjocomo.com

Developed in Partnership with:

WARRENSBURG, MISSOURI OPPORTUNITY ZONES Investor Prospectus opportunitywarrensburg.com