Title
Economic Development Update
Recommended Action
Committee Recommendation:
Not referred to committee
City Manager Recommendation:
Receive the update on economic development. Briefing only; no action requested
Report
Issue:
Whether to receive the update on economic development.
Staff Contact:
Renee Sunde, Economic Development Director, Community Planning & Development Department 360.753.8591
Presenter(s):
Renee Sunde, Economic Development Director
Keith Stahley, Director Community Planning and Development Department
Background and Analysis:
The City has had a strategic focus on Economic Development since the hiring of an Economic Development Director in the summer of 2015. The position has been focused on working to ensure strategies are in alignment with community values, City and Council goals and policies and Olympia’s Comprehensive Plan.
Positive economic development outcomes are made possible through coordinated efforts that include city leadership, engaged partner organizations, broad community support, strong public/privates partnerships and the leveraging of financial resources.
Staff to provide update on current economic development efforts and key initiatives including:
1) Community Renewal and Redevelopment Initiatives
2) Economic Development Alignment with City Planning Efforts
3) Utilizing Economic Development Resources to Make Things Happen
4) Connecting the Dots between Business Opportunities + Market Timing
5) Industry Expansion
6) Getting the Economic Development Message Out
7) Marketing the Opportunities - ICSC RECON, May 22 - 25, 2016
Options:
Briefing and update of efforts only
Financial Impact:
No financial impact at this time
Attachments:
None