Res-2019-014 EDBA - Laserfiche WebLink

Home Browse Search

Phase I This first phase Includes an intensive look at the past work. of the EBDA, along with an analysis of Ellensburg's strengths, weaknesses, opportunities, and threats, as they align with economic development. Phase I includes redevelopment of the mission, vision and core principals, as well as the EBDA business position. From there, a phased approach to address the findings of Phase I and the implementation of its strategies will create the roadmap for success. In addition to addressing strategies for recruitment of new business, it also recognizes that retention and growth of existing businesses must be a focal point. The work of the subcommittee In draft form will be reviewed by the full EBDA Board. The EBDA Board, at their discretion, may wish to also provide the draft to the City Manager, and Council Representative for further input. Subcommittee members have discussed the possibility of reaching out to other entitles for input, including, but not limited to, specific developers, Washington Department of Commerce, Yakima Economic Development, and the like. The flnal report will be presented to the Ellensburg City Council upon completion and will be reviewed on an annual basis or as needed. Phase I is to be completed by March 31, 2018. Phase II Phase II begins plan implementation with defining strategies for both business retention/expansion and new business recruitment. As of January 2018, there are 1,400 registered businesses located within the city limits {200 in the downtown core). A comprehensive analysis of existing entities to determine type, current workforce, and location is needed so there is a data--drlven understanding of the existing businesses in Ellensburg. An action plan to connect with the existing businesses could include a su,vey, one-on-one interviews, focus groups, and/or fac11ity tours with larger employers. Toe goals for collection of this information is to assess how the EBDA currently assists businesses and how it could further assist with any barriers for expansion as well as to create a place marker for developing growth goals for economic development. The Phase II includes a strategy for new business recruitment focusing on specific people and industries that would complement Ellensburg's current business portfolio, and fit well with its business position, values and quality of life. A key element of this phase includes the creation and maintenance of a robust, searchable Inventory of existing facilities, vacant or underutilized buildings, and