Kings Bay Economic Diversification Strategy
in association with Howard, Needles, Tammen and Bergendoff
Kings Bay, on the South Atlantic Coast near the Georgia-Florida border, is the site of the Kings Bay Naval Submarine Base. This $1.8-billion project of the U. S. Navy is bringing major economic and social change to a predominantly rural, coastal community. The client, the Kings Bay Impact Coordinating Committee, consisting of elected officials representing Camden County, Georgia and Nassau County, Florida, contracted with Urban Information Associates to prepare a comprehensive economic development and diversification study, with a companion labor market analysis and strategy.
The UIA team of economic development, urban planning, and labor market specialists, directed by Mr. Nathanson, identified a set of target opportunities including:
- retail/ service/ office development
- construction and procurement assistance programs
- industrial retention, focused on the area's pulp-wood and paper products industry
- industrial attraction
- expansion of the area's existing tourism and recreation activities tied to Cumberland Island National Seashore and the beach resorts of Amelia Island, FL
The study anticipated the consequences of adding a total of 25,000 new civilian and Navy residents to the host communities through the mid -1990's. The increase in purchasing power, discounted for on-base spending and leakage to the larger Jacksonville, Florida and Brunswick, Georgia markets, was translated into local demand for retail, business and professional services, and estimates of required commercial floor space. Estimates of increased spending related to tourism and recreation were incorporated into development recommendations for the small, historic waterfront towns of St. Mary's, Georgia and Fernandina Beach, Florida.
A final component of the project was a labor market analysis and workforce adjustment strategy to accommodate to the anticipated economic changes.
Howard Needles Tammen & Bergendoff
5900 Lake Ellenore Drive
Orlando, Florida 32809-4639
Telephone: 407/ 859-8380