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REHABILITATION AND REDEVELOPMENT <br />Undertake strategies that facilitate rehabilitation and redevelopment of aging commercial, industrial <br />and residential areas to ensure private reinvestment and sustainability. <br />COMMERICAL/INDUSTRIAL STRATEGIES <br />Maintain a listing of available commercial /industrial sites <br /> <br /> <br />Promote available sites through various marketing initiatives <br /> <br /> <br />Identify and examine potential areas for revitalization <br /> <br /> <br />Review existing programs, resources, and services and recommend improvements to <br /> <br /> <br />increase our competitive advantage and support goals <br />Enhance downtown commercial district through business recruitment and people- <br /> <br /> <br />generating activities <br />ACTION STEPS <br /> <br />Update windshield survey quarterly and post on website <br /> <br /> <br />Feature available property in quarterly ‘Energized by Development’ electronic newsletter <br /> <br /> <br />Promote www.elkriversites.com on billboard 1x/yr. (changed quarterly) <br /> <br /> <br />Partner with downtown business association and civic groups to promote existing and explore <br /> <br />new downtown activities (i.e. BNI, Chamber Connections, etc.). <br /> <br />Partner with Elk River Area Arts Alliance to explore funding concepts for an arts center within <br /> <br />the downtown study area <br /> <br />Create and distribute a survey to businesses to identify recommended improvements to existing <br /> <br />programs, resources and services, in addition to identifying preferred methods of <br />communication to improve Elk River business climate <br /> <br />Identify current property owners’ and businesses’ interest in redevelopment efforts both north <br /> <br />st <br />and south of HWY 10 and in 171 Focused Area Study area <br /> <br />Create a redevelopment policy regarding capitalizing the HRA development fund and identify <br /> <br />parameters for purchasing parcels <br /> <br />Create and distribute comprehensive business directory to promote downtown Elk River <br /> <br /> <br />Partner with the Elk River Area Chamber of Commerce to hold annual event to promote <br /> <br />economic development resources and incentives (Juice Up Your Morning, Chamber luncheon, <br />Money Breakfast, etc.) <br /> <br />Create aUpdate short videos promoting available sites and applicable initiatives to distribute <br /> <br />through social media outlets, constant contact and website <br /> <br /> <br />3 <br />Approved EDA January 14, 2013, HRA January 7, 2013 <br />