Monday, April 16, 2007

BRAC Town Hall meeting

The big BRAC meeting scheduled for tonight at the Bel Air High School auditorium was to be the first in a series to be sponsored by the Harford County Office of Economic Development. A story in last week's Aegis highlighted some of the points that were likely to be covered at the meeting. They included:

  • Fort Monmouth officials are working with Baltimore area colleges to recruit local graduates who would either start working at APG this summer or who would move to Fort Monmouth to start work there and later move to APG when their jobs relocate. The story said the military needs to hire 500 workers in these fields: electrical and computer engineers, computer scientists and business managers.

  • APG is expecting a net gain of 8,200 jobs on post with an additional 7,500 to 10,000 jobs off post. Total new jobs in Harford County: 15,700 to 18,200.

  • Most jobs will come in 2011-2012.

  • Average annual salary for on-post jobs: $86,765. Total on-post payroll: $711,473,000

  • Average annual salary for off-post jobs: $83,100. Total project annual salary: $831 million

  • New homes expected: 1,710 to be built in Harford County each year between 2007 and 2015
  • Average new home cost as of 2007: $288,956
  • New property tax revenue to be generated as of 2007: $5,347,170

  • Average new home cost as of 2015: $410,925
  • New property tax revenue generated as of 2015: $7,602,060

  • Total new homes expected in that span: 15,390
  • Total new property tax revenues: $57,700,530

  • Harford County is also expected to see more commercial building. According to the Aegis story, the county has 5.7 million square feet available at 11 sites: Forest Hill business parks, Park Centre at Plum Tree, Box Hill Corporate Center, Abingdon Woods, Emmorton Business Park, Carter-Mills property at the Route 543 and I-95 interchange, Water's Edge Corporate Campus, the Close property, Hickory Ridge and Hardee's business parks, Grace Harbor Office Park and Hillside Office Park in Havre de Grace.

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