HomeMy WebLinkAboutIV.C - 2020 Strategic Plan
HEDRA MEMORANDUM
To: HEDRA Commissioners
From: Rusty Fifield, Economic Development Coordinator
John Hinzman, Community Development Director
Date: November 26, 2019
Item: Focus Issues for 2020
Action Requested
Reach agreement proposed focus issues for 2020:
1. Modify or remove issues proposed by Staff (see below)
2. Agree on issues to be added
3. Identify issues that have higher priority
Background
For reference, here are the issues presented 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 26, 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