The Economic Development Committee analyzes current market forces and develops long-term solutions. It supports business development and recruiting, and building an environment for long-term economic growth and community success. The Economic Development Committee will build a climate for investment resulting in job creation and retention, improved property values, increased sales tax revenue, and raising the profitability of the district by managing/guiding downtown real estate. It will create and manage the balance of retail and service businesses, downtown residential living, cultural opportunities, and institutional facilities needed to ensure sustained economic success.
The work requires:
An inventory of businesses & buildings
Support for the expansion of existing businesses
Recruiting new businesses
Providing educational and financial resources for downtown business owners, business development, property maintenance, and new construction
Making maximum use of all existing buildings
Adding sensitively designed new structures