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North American Headquarters Comes to Roswell

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We are thrilled to share some exciting news about a project that we have been working on for the past several months with the Georgia Department of Economic Development, Danish Trade Commission in Atlanta, Metro Atlanta Chamber and Georgia Power.

Please see the full news release below from the Georgia Department of Economic Development.

Kamstrup-North American Headquarters Roswell GAThe Georgia Department of Economic Development (GDEcD) today announced that Danish manufacturer, Kamstrup, a world leading supplier of intelligent energy and water metering solutions, will create 52 jobs in the company’s new North American headquarters in Roswell.

“Georgia has become a magnet for international companies who are looking to expand their reach in North America,” said GDEcD Commissioner Pat Wilson. “We are excited that Kamstrup has chosen Georgia – this announcement puts a spotlight on the continued strong relationship between Georgia and Denmark.”

Headquartered in Skanderborg, Denmark, Kamstrup manufacturers high-tech solutions provider of water, district heat and electricity intelligent metering solutions for commercial and residential use. The company currently employs more than 1,200 people worldwide. The new location in Roswell will serve as the company’s North American headquarter.

“By the rapidly growing sales in USA and need for a production plant in North America Atlanta and Fulton County was the natural choise,” said Kamstrup CEO Lars Bo Kristensen. “We see an increasing need and interest for intelligent and accurate water metering solution for the water utilities. But also the individual consumer has an increased focus on the usage as the cost for clean water increases year by year.”

GDEcD Director of International Investment Nico Wijnberg represented the Global Commerce division in partnership with the Danish Trade Commission in Atlanta, Roswell Inc., Metro Atlanta Chamber and Georgia Power.

“Kamstrup is another great example on how well differentiated and advanced Danish technology faces a huge potential in the USA. Their new production facility in Georgia will form the perfect foundation for utilizing this moving forward,” said Carsten Rosendahl, Danish Trade Commissioner

“Kamstrup is a welcome addition to our area’s business ecosystem, because they not only embrace their Danish ties, but also water conservation and smart energy solutions.” said Hala Moddelmog, president and CEO of the Metro Atlanta Chamber. “They also represent how our region is attracting and supporting high-tech industries on a global scale.”

“We are proud to have Kamstrup locate its North American headquarters here in Roswell,” said Steve Stroud, executive director of Roswell Inc, the city’s economic development organization. “This project is a great example of the impact strong collaboration by state, regional and local economic development agencies has in landing quality, innovative companies in our region. We are thrilled to have Kamstrup make its home in our city.”

About Kamstrup

Kamstrup is a world-leading supplier of electricity, district heating  and water metering solutions.  For 70 years, Kamstrup have delivered reliable, cost-effective ways to measure and manage energy and water consumption worldwide. By anticipating their customers’ challenges, Kamstrup  enables the energy and water utilities to run a better business and inspire smarter, more responsible solutions for the communities they serve. Kamstrup’s solutions include electricity, district heating and water meters , smart metering systems, hosting and services, analytics and smart grid applications. All products are produced with the highest certifications for environmental safety and quality in their automated production facilities in Denmark. www.kamstrup.com/en-us/about-kamstrup

Important Change to Business Tax Collection

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The City will be sending the following letter to Roswell businesses in the coming week. We will continue to inform and assist local businesses during the transition. 

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The City of Roswell is changing how it taxes businesses in our community.  Previously, the City has collected business occupation tax based on number of employees. For 2018, businesses will be taxed using a method based on gross receipts. The majority of local governments in our area use a similar gross receipts method of business taxation.

Gross receipts are the total amount a business received from all sources during its annual accounting period, without subtracting any costs or expenses.  Business types are categorized by NAICS (North American Industry Classification System) codes.  This code is assigned a profitability index which corresponds with a specific tax rate.  The tax rate applied to gross receipts will determine the tax assessment.

The new fee structure for the 2018 tax year is as follows:

Commercial Business
The tax due will equal gross receipts, with a $50,000 exemption, multiplied by the tax rate.  A $100 application fee and a $50 regulatory fee will also apply.

Professional License Classification
The tax due will be either $400 per practitioner or the gross receipts assessment with a $50,000 exemption.  The practitioner/ business may choose their preferred method of calculation.

Professional practitioners include but are not limited to: lawyers, physicians, osteopaths, chiropractors, podiatrists, dentists, optometrists, psychologists, veterinarians, landscape architects, land surveyors, practitioners of physiotherapy, public accountants, embalmers, funeral directors, engineers, architects, marriage and family therapists, social workers, counselors, dealers of motor vehicles, etc.

Home-Based Business
The tax due will equal gross receipts, with a $50,000 exemption, multiplied by the tax rate. For home-based businesses, there is a cap of $100 on the total tax due.

This change will be implemented during the 2018 business occupation tax renewal process.  You will be receiving notification explaining how to determine your business occupation tax amount required for 2018.  All Occupation Certificate Taxes are due by December 31, 2017 for the 2018 calendar year.

For more information, please visit www.roswellgov.com/businessregistration. City staff is also available to assist you with any questions you may have regarding this change.  Please feel free to contact the city’s Business Registration Division at 770-594-6235 or businessregistration@roswellgov.com.

 

Delta Dental Expansion Brings 200 Jobs to Roswell

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Stonebridge II at Sanctuary Park in Roswell, GADelta Dental Insurance Company, part of the nation’s largest dental benefits carrier, has signed a lease for an additional 51,886 square feet in Sanctuary Park, increasing its footprint in the office park by nearly 35 percent to 215,265 total square feet.

In October 2017, the company will take occupancy of the top two floors at Stonebridge II, located at 1120 Sanctuary Parkway, which is the portion of the office park within Roswell city limits. The expansion allows Delta Dental to increase its total number of employees in Georgia from about 800 to 1,000, and most of the growth will take place in the company’s customer service unit.

The lease is next to its current six-story building, located in the Alpharetta portion of Sanctuary Park.

Roswell Inc has been involved with this project since February of 2016.

“We knew this office space would become available before it hit the market, and also knew Delta Dental was looking at expansion opportunities locally, so we were able to connect the dots and get all the right people at the table in a timely way to make this deal happen,” said Steve Stroud, executive director of Roswell Inc. “Anytime you add this many jobs to a local economy, it’s a big deal for the community, and we are thrilled to have Delta Dental expand its operations into Roswell.”

Delta Dental is part of a group of companies under common management that collectively serve 36.5 million enrollees nationwide. The Sanctuary Park location houses one of three national customer service centers as well as sales, enrollment and other key departments

“We’re delighted to have found a LEED Gold building, and we’ll be building out the interior to those standards as well,” said Tonia Leonardos, facilities director for Delta Dental.

The seven-year lease was brokered by Steve Joseph of CBIZ Gibraltar Real Estate in Chicago in partnership with Mitch Kahlert and James Sanders from ICON Commercial Interests in Atlanta, with agency leasing representation by Jeff Bellamy and Adam Viente with Jones Lang LaSalle in Atlanta. The Metro Atlanta Chamber was also a significant partner in making this deal happen.

This expansion takes place within the boundary of the Roswell Opportunity Zone, an area of the city designated as part of the state incentive program to encourage redevelopment and revitalization. The incentive offers companies tax credits for new jobs created for up to five years, which was a large factor in securing the lease.

Ordinance Change Brings New Beer Market to Roswell

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Bartender pouring beer from faucet in pint glassIt’s no secret that Roswell’s restaurant and brewery scene has been flourishing in recent years.  Now, thanks to a recent ordinance change, we can begin to welcome a new category of craft beer and wine markets to the city.

For the past year, Roswell Inc has worked diligently to amend Roswell’s business alcohol ordinance in order to bring a new business into the city. The ordinance, which historically has required establishments to sell at least 51% food, now allows craft beer and wine markets to sell certain package wine and craft malt beverages exclusively, with limited consumption on the premises.

Approved by city council this past June, the ordinance change paved the way for the first business of its kind in Roswell – Tap & Six, a craft beer lounge concept introduced by Roswell resident David Craig and his eldest son, Ethan.

“What makes us different from a brewery is that we curate the best craft beers from hundreds of local, regional and international breweries and put them in the same spot to enjoy at Tap & Six and at home,” Craig said.

Tap & Six allows you to try, buy and create a six-pack of craft beer or growler to take home, or stay and enjoy one of the 200 on-site beers in addition to small plates, wine and craft sodas.

“It’s a unique concept, and there is nothing else like it in this area. It’s a place to bring your laptop and work during the day, stop in with the kids and other parents after sporting events, or head to for a night out,” Craig said.

Working as a liaison between the city and Craig, Roswell Inc assisted through the entire process – from the initial introduction of the concept to city officials, to working alongside city council and legal staff to create, understand and change the city’s ordinance, to helping the business navigate the zoning process.

“The team at Roswell Inc really helped guide us through the process. It would have been very difficult to accomplish what we did without their help,” Craig said.

Tap & Six is set to open in December of 2017 and will be located off Oak Street in the same area as the soon-to-be-open Whiskey Project.  

“We are thrilled to have helped Tap & Six find a home in Roswell,” said Steve Stroud, executive director of Roswell Inc. “This is a great example of the type of work our organization is often involved with for months, even years, before a new project or business is announced. We can’t wait for Tap & Six to open its doors later this year, and we look forward to seeing it build upon the food and beverage culture we’re creating in our community.”

Craft beer and wine markets will not be able to sell distilled spirits and will have limited hours of operation; 11 a.m. to 11 p.m. on weekdays and 11 a.m. to 12 a.m. on weekends and holidays. They will only be permitted in areas currently zoned to allow for consumption on the premises.

Summer Sippin’ 2017 Top Rankings

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Top 5 Alcoholic Sips

Peaches en Regalia

Peach and The Porkchop

Proudly supporting local farms, this vodka cocktail features Maxwell Farms pickled peach jam, from Dallas, Georgia. Lemon oleo saccharum provides a lovely punch of summer citrus while peach bitters and orange blossom water blend and elevate the flavor profile. The Strega provides a light minty herbaceous note without over sweetening. Shaken with a splash of Konig Ludwig Weiss beer and topped with Indi carbonated orange water. The end result? A lovely collins-style drink with plenty of peachy punch, summery citrus, and a velvety mouth feel. Definitely a patio winner, “Peaches en Regalia” is a delightful summer sip!

Summer Sippin' 2nd Place Table and Main Georgia Peach

Georgia Peach

Table & Main

American Spirit Whiskey, muddled fresh peaches, and ginger beer.

Summer Sippin' 3rd Place The Mill Kitchen & Bar The Catcher in the Rye

The Catcher in the Rye

The Mill Kitchen & Bar

High West Bourye Whiskey, coconut rum, fresh papaya, lime and pineapple juice, cayenne pepper and simple syrup.

Summer Sippin' 4th Place Taqueria Tsunami Asian Matador

Asian Matador

Taqueria Tsunami

Ginger infused Patron silver tequila with Patron citronage mixed with fresh kiwi puree, lime and pineapple juices.

Summer Sippin' 5th Place Alcoholic Summer Crush at Houck's Grille

Summer Crush

Houck’s Grille

Absolut Razz, Peach Schnapps, Elderflower Liqueur, muddled strawberries, raspberries, blackberries and fresh basil with a splash of Sprite and a lemon zest.

Top 3 Non-Alcoholic Sips

summer Sippin' 1st Place Non-alcoholic Scooter's Coffee Caramelicious Cold Brew N Cream

Caramelicious Cold Brew N Cream

Scooter’s Coffee Roswell

“Amazingness In a Cup” This drink has Caramelicious sauce, Scooter’s World Famous Cold Brew, splashed with a beautiful swirl of cream! It pairs perfectly with the Spicy Sausage and Egg Burrito.

Summer Sippin' 2nd Place Non-alcoholic Sublime Tree Dragon Show

Dragon Show

Sublime Tree

Be sublime this summer and enjoy the show – the Dragon Show! This layered tropical smoothie features dragon fruit, lychee fruit, mangos, oranges and coconut. It is the ultimate summer treat you never knew you needed, brought to you by Sublime Tree!

Summer Sippin' 3rd Place Non-alcoholic Kale Me Crazy Summer Cherries

Summer Cherries

Kale Me Crazy Roswell

Delightful Summer Smoothie made with only healthy ingredients, including organic cherries, house-made almond milk, cashews and organic bananas.

Residents Invited to Take Community Survey Through July 31

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community-survey-imageRoswell Inc has launched its first community survey and invites all Roswell residents and community stakeholders to participate. The 23-question survey takes about 10 minutes to complete and will be open through July 31.

The survey will provide Roswell Inc with baseline data about residents’ overall awareness of the organization as well as their understanding of economic development – both as an industry and how it impacts the City of Roswell. Gathering this data is an important part of helping Roswell Inc develop a comprehensive outreach strategy to engage and communicate with the city’s residents.

“Our organization is only a few years old, which means most people in the community don’t know a lot about who we are or what we do – but we want to change that,” said Carisa Turner, director of communications and public relations at Roswell Inc. “Because our work has a big impact on the future of the city and all of our residents, we want to do a better job communicating our story with everyone in Roswell – not just the local business community.”

Everyone that completes the survey will have his or her name entered into a drawing for the chance to win one of four $25 Visa gift cards.

The survey can be accessed at roswellinc.org/communitysurvey.

Two New Hotels off Westside Parkway

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2 new hotels coming to Roswell gaWe are thrilled to announce two new business-friendly hotels will soon be coming to Roswell.

Home 2 Suites by Hilton and Springhill Suites by Marriott will both be building properties off of Westside Parkway, within a mile of one another.

Home 2 Suites will cover 1.9 acres at 10990 Westside Parkway, on the corner of Mansell Road. The hotel will stand five floors tall with a total of 106 rooms and 107 parking spaces. The conditional use request for five stories was approved by Roswell City Council on June 12.

Less than a mile away, Springhill Suites will occupy the corner of Westside Parkway and Old Roswell Road. The conditional use request for the four-story complex was approved by Roswell City Council on July 10. This hotel will occupy 3.13 acres and include 90 rooms, 90 parking spots and 12 bicycle spaces. A fitness center, meeting room and indoor pool will also be included.

Both hotel announcements come only a few months after we released the key findings from our recent hotel feasibility study, which indicated a strong demand for business-friendly hotel options in Roswell. The study was conducted by Atlanta-based hospitality research firm The Highland Group and was funded through a partnership with Georgia Power and Visit Roswell GA. Read more about the study here.

The data from the study was a significant part of solidifying franchise agreements with both hotel groups.  

Roswell Inc has been involved with the property owners for both projects since the first stages of the planning process, and we will continue to work as a liaison between the city, developers, hotel groups and the franchisees until the hotel grand openings. We are also grateful to Roswell’s transportation and community development staff for their help in making these projects possible.

Boutique Hotel Update
These two announcements are happening alongside the final approval needed by Roswell City Council for the boutique hotel project on the corner of Magnolia Street and Mimosa Boulevard, in the heart of the Historic District. This approval took place on July 10.

Many of you are already familiar with this project, which will include a 120-room hotel as well as a mixed-use building on 2.32 acres comprising a public garden, event space and chef-driven restaurant. Learn more about the project here.

This brings the total number of new hotels coming to Roswell to three, which is great news for our city!

Mixed-Used Development Coming to Highway 9 & Sun Valley

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fuquadevelopmentoutlineA 164,000-square-foot mixed-used development will soon be coming to the corner of Alpharetta Highway and Sun Valley, after the Roswell City Council approved (4-2) conditional uses for both a 4th story and multifamily use on the property at its May 8 meeting.

Fuqua Development is developing the project, which will replace an 18-acre shopping center that is currently about 90% vacant.

The new development will feature a grocery store, office, retail, restaurant space and up to 300 apartment units. It also brings an $80M investment into the city along with approximately 400 new jobs.

We believe this project is going to have an incredibly positive economic and community impact in the area. It will be a destination that is walkable, accessible and provides greater connectivity within the city, especially with the provision of eight-foot sidewalks included throughout the development.

It also will spur economic investment along Highway 9, as this property was recently identified as one of several sites along the corridor that, if redeveloped, would have a catalytic effect for additional redevelopment. (Read the full report here.)

The development will also be connected to the recently approved Sun Valley Drive Extension, which is a new 1/4-mile stretch of road that will run from Highway 9 to Mansell Road, be built with walking and biking paths, and connect all the way through to the city’s largest employer – GM Innovation.

Getting the project to this point is a great example of the type of behind-the-scenes work that we are involved with every day through our work at Roswell Inc.

As the economic development entity for Roswell, we worked with Fuqua Development from the beginning of this project – from connecting them with key stakeholders to setting up discussions with the property owner to going to pre-application meetings at City Hall to ensuring all deadlines and regulations were met.

We are thrilled Fuqua Development has invested in the City of Roswell and are excited to see the long-term revitalization and sustainability this project will bring to the city.

Study Indicates Strong Demand for Hotel on Historic Town Square

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Steve Stroud

Steve Stroud

Executive Director

Earlier this month, we released the results of a hotel feasibility study we commissioned for our city, which served to confirm what all of us who live and work in Roswell have known for quite some time – that our community needs to increase our city’s quality hotel options for both business and tourism travelers alike.

Back in the fall of 2016, we hired Atlanta-based hotel consulting firm The Highland Group to conduct the study for us. Over several months, the group completed site analysis throughout the city, interviews with competitive hotels (both in Roswell and in neighboring cities), analysis of competitive hotel data, and interviews with some of our community’s key stakeholders. These included our city’s largest employers, which supply the largest amount of business travelers to our area.

The study concluded there is strong demand in Roswell for a business-friendly hotel in the Historic District. The report recommends a 90-room hotel be developed as part of a new mixed use development on the property adjacent to Founders Square, where Haigwood Studios is located, that would also contain retail, residential and office space.

Below are some of the key findings from the study:

  • Business travelers are the primary source of demand at the best quality hotels in Roswell, and there is a very limited supply of acceptable options.
  • Doubletree is the market leader in Roswell. When it’s full, business visitors usually choose to stay in Alpharetta rather than in other hotels in Roswell.
  • Because business travelers consistently stay in neighboring cities, Roswell is losing tax revenue to neighboring cities that would otherwise be collected by the city.
  • Corporate demand in Roswell is projected to increase by an annual average rate of 4.2 percent from 2016 to 2023, reflecting the proposed hotel supply expansion.
  • Neighboring cities are increasing hotel options, including six hotels proposed or under construction in Alpharetta.

We believe adding a hotel to this area is essential to the health of our city’s business community and our overall economic competitiveness, which is why the effort is one of our priorities at Roswell Inc.

In addition to supporting our economic strength, we also know its location will help meet the high demand we have from tourism. In particular, this location would be a convenient option for those staying in our city for weddings, with its proximity to numerous event and wedding venues in the Historic District.

“Visitors often ask us where they can stay in the Historic District and are disappointed when we tell them there isn’t a hotel within walking distance to the square,” said Dotty Etris, executive director of Visit Roswell GA, the city’s tourism program. “We believe getting a hotel in this area is incredibly important to the future of both tourism and economic development in Roswell.”

Our next steps at Roswell Inc include taking this data and working in partnership with local developers, property owners and hotel operators to attract the right project for this area.


Read this piece on the Alpharetta-Roswell Herald.


Roswell Inc Releases 2016 Report Card

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Roswell Inc released its 2016 report card today, which provides a snapshot of the city’s key economic indicators from the past year.

Select 2016 report card highlights include:

  • 739 new business licenses issued, generating 1,066 new jobs
  • 1,110 construction permits issued, valued at $254.9 million
  • Impact fees of $1.3 million, which is up from $522,000+ in 2015 because of the City’s new impact fee structure
  • 720 jobs created in the opportunity zone, bringing the total number of jobs created in the opportunity zone since its inception to 5,125
  • Unemployment rate of 3.8%
  • 2,410 attendees at Roswell Inc events and programs

“In terms of economic and business success, 2016 was a great year for Roswell,” said Steve Stroud, executive director of Roswell Inc. “These numbers tell the story of a community with a growing business environment and strong entrepreneurial spirit, and we are anxious to continue building those areas in the years ahead.”

Additional 2016 milestones for the organization include launching an Economic Development Alliance, hosting its biannual Roswell Leadership Focus trip, and hosting the annual North Fulton Opportunity Outlook in partnership with the Greater North Fulton Chamber of Commerce and other North Fulton cities.

The report card was released today at the organization’s annual Real Estate & Development Outlook event, where Roswell Inc provides insight into the local market to brokers, developers and property managers.

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