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HomeMy WebLinkAbout02-12-09 V b. Combined existing goals check list DRAFT GOALS STATEMENT 2-12-09 The HEDRA combines the powers and goals of an HRA and an EDA. ? HRA powers are meant to facilitate the redevelopment and rehabilitation of commercial and residential property thereby stabilizing and revitalizing neighborhoods. ? EDA powers are meant to facilitate the establishment or expansion of businesses thereby increasing the tax base and number of job opportunities. HEDRA ROLE: ? Provide planning and leadership for long term commercial, residential and infrastructure improvements within redevelopment and development areas. ? Form partnerships with individuals, businesses and organizations to achieve results. ? Emphasize redevelopment and reuse of existing infrastructure and services where possible. Support historic preservation for housing stability, tourism development and job creation. ? Emphasize creation of good jobs and an increase in the tax base as key public purposes for business assistance. ? Recover costs and develop non-tax revenues to support ongoing programs as much as possible. Downtown Redevelopment Area 1. Transit development goal: Support the establishment of commuter service and transit-oriented developments centered on Blocks 1, 16 and 23 in cooperation with Red Roc k Corridor, MTC and private developers. 2. Building preservation and improvement goal: Assist owners to provide competitive commercial space, attractive residential rental units, maintain historic appearances and new buildings consistent with the downtown character and the Heart of Hastings Master Plan. 3. Redevelopment goal: Blighted, non-conforming and vacant properties cleared and reused for new construction by private developers including Block 1, 3 and 29. Vermillion Street Redevelopment Area 1. Redevelopment goal: Facilitate new mixed use development consistent with the area plan (Vermillion Street Development Guidelines), emphasizing property rd at controlled intersections such as 11th, 15th, 18th and 23 Streets. Where properties are blighted and obsolete, facilitate removal and reuse or remodeling. 2. Appearance goals: Ensure that remodeled and new commercial buildings are consistent with visual continuity and architectural standards, scale, massing and materials. Facilitate new and replacement signage, lighting and landscaping to create a unified, quality impression of Vermillion Street and Hastings. 3. Access goals: Balance business access with public safety by encouraging controlled intersections, new street connections, right turn lanes, shared access and shared parking. Community Housing 1. Housing preservation goal: Encourage the maintenance and improvement of housing of all ages and sizes though rehabilitation programs. 2. Affordable housing goal: Facilitate the creation of new housing opportunities for persons of all ages, economic groups and family sizes by cooperating with private development, public organizations and non-profits. Industrial and Business Areas 1. Marketing goal: Promote Hastings? assets as a commercial-industrial location. 2. Development goals: Complete the development of the remaining 40 acres in the existing industrial park. Facilitate an increase the amount of land available and zoned for business-industrial use in other locations. 3. Appearances: Ensure that materials, design and landscaping for new and remodeled buildings consistent with design standards. 4. Job creation: Emphasize the creation of permanent living wage jobs when considering financial assistance for business growth and expansion. Economic Development Authority (EDA) 2009 Work Plan INITIATIVE DETAILSTIME DEVOTED INITIATIVEACTION STEPSCURRENT STATUS GOALTO ACTIVITY INFILLAssist and facilitate the re-?Database under Create and maintain an accurate REDEVELOPMENTdevelopment of (Infill) parcels development data base of all parcels- land and MARKETINGcurrently located within the City of buildings available for infill and PUBLIC RELATIONSNorthfield. This will assist existing Directory and specification redevelopment. Create and new businesses. sheet of property listings specification sheet for each parcel Infill/Redevelopment or building. Include available SubcommitteePursuing infill development will rental commercial properties. ? Infill map complete assist the City maximize its existing Verify information with realtors infrastructure, and thus lower and developers. ? ? Jim Pokorney Paul working on base map development costs ? Victor Summa ? Create maps of different Infill ? Resource book (?) % The intent of fostering new business opportunities. Marketing expansion and development is to Subcommittee? Working with economic spread the tax burden amongst a ? Marketing efforts should target development partners larger tax base, thus lowering the realtors and developers inside and ongoing ? Victor Summa tax burden for existing commercial, outside of the community. industrial, and residential ? Initial conversations have properties. ? taken place with partners Determine feasibility of infill Budget that desire a consistent look properties for redevelopment or Continue efforts to foster a positive with marketing materials purchase. $121, 000.00 relationship with the entire (ongoing) community as well as all Economic ? Develop coherent marketing plan Development Partner outlining strategy using Organizations. Comprehensive Economic Development Plan as its Further Northfield?s efforts to foundation. market an image to new and existing businesses as a ?Business ? Coordinate with Economic friendly community? ?A Development partners on Community to Work, Live, and universal marketing campaign Play?. At this stage our marketing efforts will focus on infill & redevelopment sites. Page | 1 Economic Development Authority (EDA) 2009 Work Plan INITIATIVE DETAILSTIME DEVOTED INITIATIVEACTION STEPSCURRENT STATUS GOALTO ACTIVITY BUSINESS PARK Manage the proposed development ?The EDA has contracted with Identify ?Greenfield? rd) COMMITTEEof a new (3 Business Center(s) at Loucks Associates to present development site(s) and secure the edge of the City of Northfield. options and staging for control of the land if warranted. The development of the business development of area identified park will provide land resources by the City for annexation. Business Park ? Prepare concept design of for existing business expansion Subcommittee selected site(s) and support and new business recruitment. ? Discussions with land efforts of the City to annex Successful efforts to attract new owners in regions of the ? property. Rick Estenson businesses to the proposed City have been approached ? ? Prepare master site plan Dave Van Wylen business park will broaden the tax to discuss the development development and initial ? Scott Davis base; reducing the overall tax of a future business park. financing strategy. burden for existing commercial, ? McGough Development has % ? Develop marketing plan to industrial, and residential been consulted about the promote new business Budget properties. general financial feasibility development sites. rd of developing a 3 business ? Identify financial incentives for $121, 000.00 and industrial center. businesses locating in new ? Discussions are ongoing business park. with individual stakeholders, elected officials, and residents of Northfield regarding the rd development of a 3 business and industrial area. Page | 2 Economic Development Authority (EDA) 2009 Work Plan INITIATIVE DETAILSTIME DEVOTED INITIATIVEACTION STEPSCURRENT STATUS GOALTO ACTIVITY RELATIONSHIP Continue positive and cooperative BUILDING & relationship with all partner ? Participate in Monthly Partner COMMUNICATIONorganizations. Include relationships ? Organization meetingsIn Progress with County and other resource organizations to help expand Subcommittee ? Schedule meetings with Workforce services to businesses in Northfield. ? Meeting with Sue Wold agencies (Feb) This would include State agencies ? Jim Pokorney and workforce groups that can assist ? Schedule presentation from SBDC new employers and expanding (March) organizations. % Budget NEC NDDC SMIF Dakota Futures Rice County Budget $104, 000.00 Page | 3 Economic Development Authority (EDA) 2009 Work Plan INITIATIVE DETAILSTIME DEVOTED INITIATIVEACTION STEPSCURRENT STATUS GOALTO ACTIVITY BUSINESS Coordinate Joint BRE program ? Meet with Chamber to learn of their RETENTION & with the Chamber of Commerce, BRE Schedule for 2008 (Feb) EXPANSION (BRE)and supplement the Chamber visits ? Meet with NDDC to learn of their (Strategy 1B)by conducting 3 business visits per BRE Schedule for 2008 (Feb) quarter by the EDA. ? Establish list of other possible Visit employers in Northfield area ? Staff employer visits that could be timely to learn of their growth and ? NDDC-Downtown (Feb) % expansion plans and needs ? Chamber Connect appropriate City Staff to ? Rick Estenson assist in understanding their needs and attempt to provide solutions Budget that keep them growing and prospering in Northfield N/A Page | 4 Economic Development Authority (EDA) 2009 Work Plan INITIATIVE DETAILSTIME DEVOTED INITIATIVEACTION STEPSCURRENT STATUS GOALTO ACTIVITY FIBER OPTICSInvestigate the Feasibility of ?First Meeting of 5 week Assist in the education and (Strategy 1E)Providing Fiber Optic series began awareness program with Infrastructure to meet the needs of stakeholders in Northfield. citizens and businesses in ? David Van Wylen Northfield. This may include ? ? Scott DavisWrite an RFP to solicit fiber to the premise, fiber to the consultant assistance to home, or providing a fiber optic study fiber optic Initiative will be lead by ring similar in fiber optic infrastructure feasibility. Northfield?s IT Director. configuration. Northfield?s IT budget and the Blandin Foundation will provide funding for the ? Conduct the Open Access Feasibility Study. Fiber Optic Feasibility Study. % The EDA may be asked to participate in funding a portion of this imitative. When and if the EDA is approached to provide funding, the request will be brought back to the EDA board for consideration. Budget N/A Page | 5 Economic Development Authority (EDA) 2009 Work Plan Page | 6 Economic Development Authority (EDA) 2009 Work Plan INITIATIVE DETAILSTIME DEVOTED INITIATIVEACTION STEPSCURRENT STATUS GOALTO ACTIVITY REVIEW EDA ? Review and recommend 2009 ?Micro Grant almost Establish more regular PROGRAMS, Budget complete le to address meeting schedu PROCESSES, & needs of EDA and assist in PROJECTS Create Tool Box for use by ?Small loan complete planning monthly EDA and City Staff to improve meetings. (Feb) Executive Committee economic development ?Need to look at large opportunities loan ? Develop measurement ? Rick Estenson system to evaluate the President Administer Micro Grant ?Create new effectiveness of carrying ? Scott Davis requests with recommendations opportunities out the EDA?s work plan. Vice President from NEC and EDA Director ? Vacant ? In Process ? The EDA Director will Secretary/Treasurer Review and recommend % prepare potential changes ? Vacant changes to the loan to programming and Assistant Treasurer applications and procedures if possible program changes warranted. for consideration and refinement by Exec. Micro Grant Keep EDA Board informed of all Commi ttee (Mar) meetings and results in all Budget transportation studies and opportunities. Keep in touch with $30,000.00 MINDOT studies and information ? Several studies under way pertaining to any road TRANSPORTATION improvements or access opportunities. Paul Smith Public services-ENG Page | 7 Economic Development Authority (EDA) 2009 Work Plan BUDGETED TIME DEVOTED PROGRAM AREA AMOUNTSTO ACTIVITY 1.INFILL / REDEVELOPMENT MARKETING & PUBLIC RELATIONS $121,000 % 2.BUSINESS PARK COMMITTEE $121,000 % 3.RELATIONSHIP BUILDING & COMMUNICATION $104,600 % 4.BUSINESS RETENTION & EXPANSION (BRE) N/A % 5.FIBER OPTICS N/A % 6. $30,000 % REVIEW EDA PROGRAMS, PROCESSES, & PROJECTS 7.TRANSPORTATION N/A % % TOTAL Executive Summary Page | 8