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A Compelling Story of Growth and Potential

 

With the announcement of several large developments, Alabama’s Gulf Coast has been brought forth upon the national stage.  It is in this environment that Baldwin County, with Mobile to the west and Pensacola to the east, finds itself prepared to play an increasing role in regional growth. 

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From 2006-2008, around 3,000 new condominiums and hotel rooms have been added for an estimated $600 million to Gulf Shores and Orange Beach’s inventory creating about 3,600 new jobs

 

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Ryla Inc. announced in April 2009 their new regional headquarters would be in Mobile County, creating more than 1,200 new jobs

 

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Approximately 4.53 million people visited Baldwin County in 2008 spending $2.3 billion

 

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International Paper announced plans in June 2008 for two 50 year developments, The Highlands in Spanish Fort, 11,000 acre mixed use development with 28,000 homes and an estimated 7,000 jobs by 2022, and Roan's Creek in Loxley a 5,600 acre development

 
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ThyssenKrupp AG is building a $4.65 billion steel mill in Mobile County with 2,700 employees and an estimated 5,500 indirect jobs in the region

 

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Northrop Grumman competed and was selected as the main contractor to build the KC-45 Air Force tanker with a $600 million investment employing 1,150 with an estimated 3,000 indirect jobs regionally

 

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APM Terminals North America has completed the first phase of the expansion of the Mobile Container Terminal, a $300 million intermodal facility, set to employ 1,700. This phase has increased the port’s container capacity from 75,000 TEU's to 300,000 TEU's  per year. The second phase will bring this to 800,000 TEU's per year

 

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Retirement Systems of Alabama opened the RSA Tower, a 35 story building, with over 650,000 square feet of Class “A” office space, a $200 million investment

 
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Segers Aerospace made a $7 million investment to open a plant that will employ 100 workers

In just these few events, over 20,000 new jobs have or are planned to come into the region and that is just part of the story.   Forbes’ listed the city of Mobile as having the fastest rate of growth of any metropolitan area in the country, 34% between 2007 and 2012.  The region is experiencing growth unlike anything seen since the build-up during World War Two to construct the “arsenal of democracy.”

Mobile and Baldwin County are home to a convergence of several factors: a strong transportation infrastructure, a growing population, quality educational institutions and a location providing superior quality of life.   With interstates, rail, airports, in-land waterways and deep water ports, all possible modes of transportation are represented.  Furthermore, with a regional population of 883,000 consisting of 406,000 in Mobile County, 174,000 in Baldwin County and 303,000 in Escambia County, Florida, location of Pensacola, a large pool of population exists within easy reach.  Couple these assets with the scenic beauty of Alabama’s beaches and the recreation industry, great potential exists for the future growth and development of Alabama’s Gulf Coast.