Res-2019-014 EDBA - Laserfiche WebLink

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Posture Recommendation · . capacity to also provide wifi internet and wifi services as a means to service. promote economic development. Increase understanding and impact of smart city infrastructure and the internet of thinos (iot). • Developab!e land, available spa ce . Even though our community is experiencing higher than average population growth, a business can still find vacant land zoned to suit the building a new facility. An inventory of existing commercial locations for rent, lease or sale is needed, and Is under development. Posture Recommendation Ellensburg lacks comprehensive, up-Prepare and maintain a searchable to-date information about available database of properties available or land and space for businesses. potentially available for lease or Property owners list their property for purchase. rent or sale on Craigslist, etc. or simply post a sign whlle others employ the services of a real esmte professional. • La ck of revenue diversity. As the economic development entity of Ellensburg, the EBDA lacks a diversified, sustainable revenue stream so the organization can support economic development. Postu~ Recommendation EBDA's only revenue source is rental Talk to other Washington State Public income from the C:-rtv's Incubator Development Authority's about their Building and the EBDA Airport revenue streams. Identify Building. opportunities to diversify revenues, and pursue best options. • Ret;ail act ivi ty . Ellensburg's downtown core has grown in strength and vitality since the Great Recession. Exports, including timothy hay, continue to be one of Washington's top exports by volume. However, while small retail businesses continue to do well and grow, our community still exhibits high retail leakage. Posture Recommendation Good recovery from the Great Push the market to Ellensburg - Recession, but Ellensburg still spends without gas sales, retail leakage is millions on retail activitv in laroer around 20%. Identify and pursue