HomeMy WebLinkAboutIV.C - Focus Issues for 2020
HEDRA MEMORANDUM
To: HEDRA Commissioners
From: Rusty Fifield, Economic Development Coordinator
John Hinzman, Community Development Director
Date: November 7, 2019
Item: Focus Issues for 2020
Action Requested
Provide feedback on proposed focus issues for 2020.
The November HEDRA meeting begins a two-part discussion of issues for 2020. At this meeting
Staff will present a list of issues and discuss your questions and feedback. At the December
meeting, we ask that you come with other items that should be considered for attention in 2020
and to prioritize the issues.
Background
Earlier this year we created a Strategic Plan for Economic Development. The Plan was designed
to run through 2020. While the Strategic Plan does not need updating, it is important to discuss
our focus for the coming year. Here is our list of proposed focus areas for 2020. We will describe
these issues in greater detail at the November HEDRA meeting.
Strategic Plan - Develop and implement strategies for addressing housing issues
related to economic development.
1. Complete report on housing needs for economic development in Hastings.
2. Determine HEDRA role in housing.
3. TIF and land use approval process for Schoolhouse Square Senior Housing.
4. Create and implement steps to provide new sites for single-family and multifamily housing
development.
Strategic Plan - Identify and act on opportunities to enhance the environment to
operate and locate business in Hastings.
1. Work with other stakeholders to create and implement steps to take advantage of opening of
The Confluence.
2. Actively pursue interest in development of 50-acre parcel in Business Park and if needed
determine options for alternative use of this property.
3. Initiate planning for future business park.
Focus Issues for 2020
November 7, 2019
Page 2
Strategic Plan - Create and implement strategies to effectively address
redevelopment opportunities.
1. Complete construction of The Confluence.
2. Complete Downtown Property Utilization Study and establish process for implementing
study recommendations.
3. Complete environmental cleanup of Block 1.
4. Prepare and recommend land acquisition strategy for HEDRA.
5. Conduct workshop for Board on redevelopment strategies in the Midtown and Vermillion
River districts of the Vermillion Street Corridor.
Strategic Plan - Solidify internal economic development functions.
1. Facilitate process for updating Strategic Plan to provide direction for 2021 Budget.
Financial Impacts
None