Loading...
Goal 1_Robust Local Econonomy with NotesGOAL 1 ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH E ANCED ECONOMIC PROSPERITY ESI; ► Objectives 1 Objective 1 Create a resilient regional Dubuque economy 1 Objective 2 Retain, expand and grow local businesses, attract new businesses to provide a more diverse tax base and job opportunities 1 Objective 3 Have the infrastructure and amenities to support economic development and growth: industrial/business parks, streets and utilities, air service and housing Objective 4 Objective 5 Work with government and not-for-profit partners for equitable prosperity: Greater Dubuque Development Corporation, Dubuque Initiatives, Washington Neighborhood Development Corporation, Dubuque Main Street, Dubuque Area Chamber of Commerce, ECIA, Community Foundation of Greater Dubuque, local colleges (100 mile radius), neighborhood associations, Dubuque Community Schools District, Northeast Iowa Community College, Iowa Economic Development Corporation, and others Have a diverse workforce prepared for 21st century jobs in the global marketplace Objective 6 Embrace diverse populations that support a diverse multicultural workforce with equitable opportunities Objective 7 Have new funding streams for economic development Copyright © 2017: Lyle Sumek Associates, Inc. PRIORITY Project 170801 4 Goal: 41/de rn Buol Connors Del Toro Jones Lynch Resnick Rios Comments: Goal: 71.3 ,/bY Ya7 6611)//P 2417-"ede Buol Connors Del Toro Jones Lynch Resnick Rios Comments: ..,47;/4/49i-- GOAL 1 ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH ENHANCED ECONOMIC PROSPERITY FOR ALL ► Objectives 1 Obj ective 8 1 Have diverse job opportunities with living wages 1 Objective 9 Develop future sites for business attraction and expansion 1 Objective 10 I 1 Objective 11 Objective 12 Objective 13 I 1 Objective 14 I 1 Objective 15 1 Objective 16 PRIORITY Copyright © 2017: Lyle Sumek Associates, Inc. Project 170801 5 GOAL 1 ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH ENHANCED ECONOMIC PROSPERITY FOR ALL Value to Residents PRIORITY 1. Young professionals want to live here 2. Our children want to stay or return to raise their families 3. More retail, services and entertainment opportunities — keeping sales tax and dollars in Dubuque 4. Insulation from economic cycles through diverse businesses 5. Variety of job opportunities for residents 6. Variety of educational opportunities and internships for jobs 7. Entrepreneurial opportunities to start and grow a business in Dubuque 8. 9. 10. Copyright © 2017: Lyle Sumek Associates, Inc. Project 170801 6 GOAL 1 .�j ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH ENHANCED ECONOMIC PROSPERITY FOR ALL ► Challenges and Opportunities PRIORITY 1. Inclusion of diverse populations to support a multicultural workforce 2. Availability of local quality workforce and matching educational programs with needs of employers 3. Increase salary levels in the regional economy 4. Quality of life amenities and services that respond to a multi -cultural workforce 5. Growing reputation and promotion as a resilient city and a place for sustainable businesses, industries and wealth creation 6. Access to quality broadband and internet connectivity 7. Developing job opportunities for all skill levels 8. Increasing poverty rate in the Dubuque community 9. Cost and paying for industrial lot development 10. Becoming a community with amenities which is known as a "hot spot" for young professionals Copyright © 2017: Lyle Sumek Associates, Inc. 1-7 Project 170801 7 GOAL 1 ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH ENHANCED ECONOMIC PROSPERITY FOR ALL Challenges and Opportunities PRIORITY 11. Funding and other support for economic growth and development through City partnering with community organizations and projects 12. Opportunities for entrepreneurism and innovation 13. Diversifying the regional economy — businesses and jobs 14. Growing local businesses with availability of venture capital and locations 15. Rehabilitation of older commercial and industrial structures 16. Lack of quality rental workforce housing and what does exist is in areas of poverty concentration 17. Complexity of public-private partnerships 18. Community support for industrial park development 19. Workforce shortage and skill gaps 20. Recruiting businesses to Downtown with perception of "unsafe" Copyright © 2017: Lyle Sumek Associates, Inc. Project 170801 8 GOAL 1 (1( ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH ENHANCED ECONOMIC PROSPERITY FOR ALL ► Challenges and Opportunities 21. Recruiting, retaining and engaging millennials instead of fearing their impacts in the workplace and society 22. Embracing women and the unrepresented in leadership roles and diverse workplace 23. Increasing online shopping replacing walk in commercial buildings 24. Expanding recreational and entertainment options 25. Perception the City investments only going to specific areas: Downtown, Historic Millwork District, TIF Districts 26. High unemployment among minority populations (19%) 27. Increasing authentic, unique and non -chain businesses 28. Recruiting new and diverse businesses along Central Avenue and Kerper Boulevard 29. Revitalizing the JFK corridor Copyright © 2017: Lyle Sumek Associates, Inc. PRIORITY Project 170801 9 GOAL 1 ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH ENHANCED ECONOMIC PROSPERITY FOR ALL 2017 - 2019 Master Plan for Chaplain Schmitt Island River Cruise Docking Facilities q 3. Public -Private Broadband Partnership ego - 4. South Port Redevelopment 5. Small Business/Micro Busino s Program: evelopment Funding to 6. Fa ade Loan Program: Funding zeift).?4,7,444, 7. Transit Service Expansion: Diros.tian_aucl-F-uuding 8. Parking Ramp Maintenance: Direction and Funding Copyright © 2017: Lyle Sumek Associates, Inc. a0 PRIORITY prp, Project 170801 10 GOAL 1 ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH ENHANCED ECONOMIC PROSPERITY FOR ALL ► Actions 2017 — 2019 9. Central Avenue Corridor Streetscape Plan: Development an Funding 10. P4r- Equity: Direction and Funding UV{ 11. Opportunity Dubuque Job Training Programs raj 12. Industrial Park Development: Site Certification f141'-4- 13. Art on the River: Direction and r unding - 11 l err 14. Neighborhood Business Association Development: Programand Funding 15. Southwest Arterial Corridor Business Development 16. Workforce Development City Action Plan: Direction an Development iged Copyright © 2017: Lyle Sumek Associates, Inc. PRIORITY /999 Project 170801 11 GOAL 1 ROBUST LOCAL ECONOMY: DIVERSE BUSINESSES AND JOBS WITH ENHANCED ECONOMIC PROSPERITY FOR ALL ► Actions 2017 — 2019 17. New Business Attraction StrateL,,y: Direction, Actions and t Funding Milk Tourism Development Strategy: Goals, Direction and City Actions 19. Kerper Boulevard Revitalization Report/Plan: Development and Direction 20. Washington Neighborhood Development Corporation: Re- establishment - '.� 21. Business Start Up Opportunities [GDDC] • Enhancement 22. 23. 24. PRIORITY OW- p/q Copyright OO 2017: Lyle Sumek Associates, Inc. Project 170801 12 Goal: Buol Connors Del Toro Jones Lynch Resnick Rios Comments: Goal: 51eff Jf?4616 1/ /6 / 11 /Y4 /16 eleD, V 2.0 /9 , „/,;? /g /&_421i I/ y /6 ,35‘ ,27T 4? /3 /f ,(• Buol Connors Del Toro Jones Lynch Resnick Rios /1-71‘11 1177, J 9 9 / /' 9 /&, /7 / 3 r /3 /7 /7 Comments: /7 ,/e;