HRSR INFORMATION 03-07-2011 - Laserfiche WebLink

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City of Elk River The Vision: Abounding in natural beauty, Elk River is a vibrant, historic river town that promotes an active lifestyle in an innovative and involved community offering unlimited opportunities. The Goals (4): Includes EDA & HRA 2011 Action Steps Innovation -Develop new programs and services to meet the needs of the community • Continue foreclosure recovery & prevention initiatives (NSP, monitor conditions, public relations). • Monitor the CitS~'s housing market, inventory, and condition to identify needs. Community Development -Enhance community involvement and public participation through a variety of innovative outlets. • Provide resources to residents for housing rehabilitation & energy efficiency financing. • Continue to support implementation of the City Vision & Goals in cooperation with the City Council and various Commissions. Beautification -Have attractive, welcoming streetscapes at City entrances and primary corridors. Enforce zoning ordinances. • Resume planning process for the comprehensive Downtown Redevelopment Plan. • Discuss long term plans and initiatives for 716 & 720 Main Street buildings. • Consider redevelopment potential and initiatives along visible corridors (e.g. East Hwy 10) • Encourage city code enforcement for building maintenance, public safety and linage. • Monitor proposed Hwy 10 improvements by MnDOT and impact on downtown area. Opportunities -Foster apro-business atmosphere that provides incentives and other opportunities for new and existing business growth. • Continue implementation of regulatory adjustments and infrastructure development for the 171" Focus Area. Initiate discussions with development community to develop strategy for marketing and development of city-owned Gateway Business Park. • Evaluate existing inventory of industrial and retail/comnnercial land. Identify need, locations, phasing and financing strategy to expand city's inventory for future development. • Continue Business Retention & Expansion program with emphasis on manufacturers. • Undertake strategies to encourage filling vacant retail/connmercial/industrial space with compatible businesses. • Complete and implement city-wide Branding & Marketing Plan. • Market for sale & development of remaining Northstar Business Park lots to users who will maximize buildable area of lots. • Implement strategies in Stategic Industrial Marketing Plan, with emphasis on broker/developer relations and website features. • Continue marketing efforts to recruit restaurants and retail development. • Maintain & communicate inventory of C/I properties for sale/lease. • Continue implementation of strategies to use Energy City as economic development tool. • Maintain & build networks with banks, brokers/developers, chamber, existing businesses, media, Sherburne County, and others. • Utilize variety of communication tools to market Elk River amenities & financing resources for businesses -website, print, social media.