Distribution center opportunity
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Webster City, Iowa, offers a 223-acre light industrial site for $25,000 per acre, located near major highways with ample utility capacity. The area has a population of 8,070 and a labor force of over 84,000, with significant transferable skills from recent job displacements. Incentives include financial assistance per job and waived building permit fees to attract businesses to the community.
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Distribution center opportunity
- 1. SITE OPPORTUNITY: DISTRIBUTION Webster City, Iowa
- 2. Our Contact David Toyer, Economic Developer Webster City Economic Development 400 Second Street Webster City, Iowa 50595 515-832-9151 (o) 425-344-1523 (c) david@buildwebstercity.com
- 4. Location Map
- 5. Location Description North Central Iowa Population 8,070 Located at crossroads of Highway 20 and Highway 17 13 miles (15 minutes) west of Interstate 35 1 hour 10 minutes north of Des Moines 3 hours south of Minneapolis
- 6. Property Specifics 223 contiguous acres 6 parcels, 2 owners Max slope < 2 % Current use: agriculture Zoning: M1 Light Industrial Max Bldg Height: 50 ft Price: 25,000/acre Ample utility capacity Less than 遜 mile to access Highway 20 Approvals Site plan: 7 to 10 days Building permits: 5 to 7 days Incentives: 2 to 8 weeks
- 7. Transportation Details Less than 1 mile from Highway 20 (four lane) Less than 1 mile from Highway 17 (two lane) West of Interstate 35 by only 13 miles Close proximity to Interstates 29, 80 and 90 Less than one day by truck to: Minneapolis St. Louis Omaha Chicago Milwaukee Kansas City Sioux Falls
- 8. Population Within a 60 minute drive we have a population of more than 210,000 and a lower than average median age Laborshed Characteristics Total labor force of 84,464 Estimated 11,479 workers with transferable skills (logistics/distribution) Recent Events Over 1000 workers displaced by an Electrolux closure, which included warehouse/distribution Unemployment now over 11%
- 9. Median Wage Data By Job/Occupation Code: First line supervisors (53-1021) $19.75 Stock/material mover (53-7062) $11.01 Packagers (53-7064) $8.83 Order clerks (43-4151) 13.66 Ship/receive clerks (43-5071) $10.86 Order fillers (43-5081) $8.82 Trans/Distr. manager (11-3071) $39.57
- 10. Utility Information Utilities Water, sewer and electric provided by municipal utility Natural gas provided by Black Hills Energy Water 12 main exists 13 feet from eastern property line 62 PSI, 1210 gpm, 2.0 mgd capacity Sewer 10 main exists 97 feet from eastern property line 700 gpm, 1.5 mgd capacity Electric 69 kV overhead with 3 phase available 66 feet from property line 15 MW of existing capacity
- 11. Possible Incentives Subject to Approvals Webster City Up to $3,000 per job in direct financial assistance Waived building permit fees Tax Increment Financing (TIF) Enterprise Zone Commission Refund on state sales tax for construction Up to 10% Investment Tax Credit (ITC) Increased job training program benefits **Well assist you in applying for your maximum benefit from the State of Iowa