Monday, June 29, 2009

Learning from Others - Part II

I love hearing from other economic development organizations about what they are doing. It’s an easy way to learn what’s working in other communities and how it might be applied elsewhere. It’s also a great way to get ideas flowing to improve economic development strategies. Here’s a few more examples of what others are doing.

Sonoma County

Sonoma County Economic Development Board has defined their role as providing tools to help businesses perform better and stay ahead of emerging trends. The organization has stimulated economic vitality for the technology, tourism and agricultural sectors in recent years. Evidence of this is seen in the science curriculum at their state university where 70 percent of graduates are able to find jobs. They have created the Sonoma Tourism Bureau and have developed integrated marketing program for county agriculture.

The Board understands that education attainment is a priority noting that a well-educated work force will attract business. They have initiated a website to show small business how to survive tough economic times. As well, they are conducting a permitting function study with the goal of accelerating operations along with another project monitoring how climate change legislation will impact firms in their area.

City of Cloverdale

This community conducted a branding study that revealed 70 percent of residents leave each day for jobs elsewhere. The Cloverdale Economic Partnership updated their general plan to include ways to attract more jobs to the community. The city also wishes to expand Cloverdale’s sphere of influence by annexing Asti and an unincorporated area near the southwest side of town.

Cloverdale received an MTA grant to study ways to transport people from downtown to the future SMART station on the other side of Highway 101. They will be exploring ways to commercially use land formerly occupied by the Citrus Fair.

Monday, June 22, 2009

Learning from Others - Part I

Some communities do economic development really well while others struggle to understand what they can accomplish. No matter how well economic development is done in your community we can always learn new ideas and strategies. Here are a few examples of what some economic development organizations are doing in their communities.

City of Santa Rosa

In 2007, the City of Santa Rosa refined their economic sustainability strategy by focusing on new employment opportunities and ways to increase the spending by visitors to their downtown retail stores. The revised plan targets firms that they have identified as desirable for their community. They are building a brand image to support Santa Rosa’s shop local campaign and have developed events such as Small Business Week, Getting Diners to the Door, the Retail Academy, the Amgen Tour, Scooter Rosa, along with specific holiday events and First Friday’s for the arts.

Using the service LoopNet, the city is taking inventory of vacant retail space so the planning department can assess site decision data. A business visitation process has been initiative that interviews 30 to 40 firms annually to learn about challenges facing local firms and how the city can facilitate change.

Various federal/state loan programs are being utilized to upgrade properties and aid in remediation. Parking signage is being improved to enhance the use of public spaces, and five city redevelopment projects have been identified.

The Environment, Equity and Economics are the three E’s of their local strategy.