Economy looks strong
Fri, Dec 29, 2006
By MARY STARR - The Brunswick News

Economic conditions may be cooling around the state, but Glynn County could
continue to be one of Georgia's shining stars in 2007.

Nathan Sparks, executive director of the Brunswick and Glynn County
Development Authority, said there is consensus among economic development
officials that in 2007 local job growth will outpace Georgia as a whole.

There are several primary reasons Glynn County is growing while other areas
are experiencing some slow-down, he said. They include:
* Development of new business parks.
* Continuing impact from previous business expansions.
* Opportunities for further expansion.

New business parks. Sparks said the two most exciting projects on the
horizon are the North Glynn Commerce Park and Pinecrest Logistics Park.

The North Glynn Commerce Park is an 84-acre light industrial park being
developed off Jetport Road in northern Glynn County. With lots that range
from 2 to 14 acres, it is a much-needed development, Sparks said.

"Our existing Brunswick-McBride Industrial Park is now more than 70 percent
sold, with virtually no parcels smaller than five acres remaining," he said.

The Pinecrest Logistics Park is a 687-acre tract, adjacent to Interstate 95,
that the development authority purchased recently.

"Our vision for the property is a first-class distribution park, with large,
highly automated fulfillment and warehousing facilities,"
Sparks said.

Continuing impact. Expansion was the name of the game for Glynn County
businesses in 2006 as King & Prince Seafood, Holland Pump Co., Jered
Industries, Accretive Commerce and Glynco Machine combined added more than
130 full-time jobs over the course of the year.
Several new businesses, including Fogelman Building Supply, Full Circle
Services and Tutela Security Solutions, opened in 2006.

Woody Woodside, president of the Brunswick-Golden Isles Chamber of Commerce,
said there is a lot of opportunity in Glynn County for people looking for
work.

"Our low unemployment rate (3.6 percent) makes the market more competitive,"
Woodside said. "And we're continuing to see growth in construction, real
estate, hospitality, retail and heath care."
As far as the real estate market goes, Woodside said it is incumbent upon
everyone to make sure there is affordable housing available to workers.

Sparks said that unprecedented growth in the Glynn County real estate market
continued to receive national attention.

"While a certain number of these new homes will be occupied by existing
Glynn Countians, the vast majority of them will likely be owned by people
moving in from outside the community," Sparks said.
One place many of those new residents could be living - and also finding
jobs - is the 110-acre Liberty Harbor development in Brunswick.

The project, a mix of commercial and residential developments that will
include condominiums, townhomes, a hotel and retail outlets, is being
constructed at the foot of the Sidney Lanier Bridge. Work already is under
way, and the first residents are expected to arrive in April.

Opportunities. "If the question is can Glynn County look forward to more job
growth from its existing business community, then I would say the answer is
yes," Sparks said.

When the development authority begins moving forward with its plans at North
Glynn and Pinecrest, it will find itself in a more competitive position when
working to recruit new industry to Glynn County.
"While we previously only had limited inventory to offer ... we now have a
wide range of site options for businesses - from 2 to 200 acres," Sparks
said.

Woodside said not all the expansion will be industrial - for example Glynn
Isles Market, a shopping center that will feature a Target, PetSmart and
other national chains, is scheduled to open in July.