TO: Members of the City Council
FROM: Mayor Angela Birney
DEPARTMENT DIRECTOR CONTACT(S):
Planning and Community Development
Carol Helland
425-556-2107
DEPARTMENT STAFF:
Planning and Community Development
Seraphie Allen
Deputy Director
Planning and Community Development
Philly Marsh
Economic Development Manager
TITLE:
title
Economic Development Plan Draft Vision, Goals and Strategies
OVERVIEW STATEMENT:
recommendation
In July of 2023, Council approved a consultant contract with Community Attributes, Inc. to work with staff to develop the City of Redmond's first Economic Development Strategic Plan. In November 2023, data findings were shared with Council. At the March 26, 2024, Study Session, the vision, goals, and strategies of the Economic Development Strategic Plan will be shared for Council discussion and feedback.
body
? Additional Background Information/Description of Proposal Attached
REQUESTED ACTION:
? Receive Information ? Provide Direction ? Approve
REQUEST RATIONALE:
* Relevant Plans/Policies:
Redmond Comprehensive Plan: This strategic plan will advance the Economic Vitality policies set through the Redmond Comprehensive Plan.
* Required:
N/A
* Council Request:
N/A
* Other Key Facts:
N/A
OUTCOMES:
The Economic Development Strategic Plan process draws on previous studies and reports, current quantitative and qualitative data, and best practices to develop an aligned and organized suite of strategies and actions that will guide the City of Redmond's economic development program implementation over the next five years.
COMMUNITY/STAKEHOLDER OUTREACH AND INVOLVEMENT:
* Timeline (previous or planned):
The Economic Development Strategic Plan was launched in August 2023 and conducted research, data analysis, and stakeholder engagement. Draft strategies are presented to Council in Q1 with final adoption anticipated in Q2 2024.
* Outreach Methods and Results:
In addition to incorporating feedback from recent studies and engag...
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