Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 5244 GREER DEVELOPMENT Economic development plays a critical role in the City of Greer. To attract new capital investments, create jobs, and revitalize the community, the City of Greer partners with the Greer Commission of Public Works, the Greater Greer Chamber of Commerce, the Partnership for Tomorrow, and private sector businesses to support the Greer Development Corporation (GDC). The mission of this public/private partnership is to pro- mote and to enhance economic growth and development in Greer by increasing the wealth creating opportunities in the community while preserving the high quality of life of one of South Carolina’s fastest growing communities. GDC’s strategic efforts focus on recruitment and reten- tion of commercial and industrial businesses, targeted mar- keting of the community, and development of properties for future economic opportunities. GDC provides prospective businesses and industries with data on available real estate; information on taxes, incentives, financing and business assistance programs; statistical data on Greer’s marketplace and workforce; in- troductions to community resources; and site selection and community tours. Noteworthy accomplishments in 2016 included: • Thirteen successful economic development projects representing $68 million in new capital investment T E A M G R E E R 2 0 1 6 A N N U A L R E P O R T and 343 new jobs. • Vacancy in Greer’s historic central business district, Greer Station, enjoyed a vacancy rate of less than 3 percent as businesses viewed downtown Greer as a strong place to conduct business. The year included 78 contributors to the Greer Station Association. • Velocity Park expanded its footprint and offerings by beginning construction on a new 240,000 square foot speculative industrial building and annexing more than 60 acres into the City of Greer for industrial park expansion. • Activitity remains strong at Caliber Ridge and Velocity Park with the addition of such industries as Minghua USA and Plastic Omnium. • For the second consecutive year, Greer topped the $1 billion mark in total gross retail sales, finishing the year with a record $1.15 billion total.