Open Here, Grow Here

/Open Here, Grow Here
Open Here, Grow Here2018-12-05T18:44:57+00:00

STRATEGIC GOAL

OPEN HERE, GROW HERE

PURPOSE

Use economic development resources to expand and diversify our tax base by actively recruiting new employers and supporting existing businesses.

OBJECTIVES

  • Identify markets and actively recruit targeted industries
  • Evaluate economic development tool box
  • Protect areas already designated for business
  • Develop and launch business retention program

STRATEGIES

Identify markets and actively recruit targeted industries

  • Identify and actively seek regional growth sectors
  • Target complementary business prospects
  • Develop marketing plan
  • Evaluate infrastructure needs for industries
  • Support entrepreneurship

Evaluate economic tool box

  • Review and evaluate funding options and policies
  • Utilize a fiscal impact model for land development scenarios
  • Develop policies for use of ED tools and incentives
  • Consider economic impact and return on investment

Protect areas already designated for business

  • Create land bank strategy for Economic Development
  • Conduct basic due diligence on planning areas to prep for development
  • Assess infrastructure needs for properties
  • Develop intentional and strategic relationships with key landowners within the City

Develop and launch business retention program

DISTINCTLY CEDAR PARK

SAFETY IS TOP-OF-MIND

OPERATIONAL & FISCAL EXCELLENCE

LINK PEOPLE, PLACES & THINGS

STRONG COMMUNITY CONNECTIONS

SUSTAINABLE FUTURE