7.2. HRSR 09-03-2019 - Laserfiche WebLink

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REHABILITATION AND REDEVELOPMENT Undertake strategies that facilitate rehabilitation and redevelopment of aging commercial, industrial and residential areas to ensure private reinvestment and sustainability. COMMERICAL/INDUSTRIAL STRATEGIES Maintain a listing of available commercial /industrial sites Promote available sites through various marketing initiatives Identify and examine potential areas for revitalization Review existing programs, resources, and services and recommend improvements to increase our competitive advantage and support goals Enhance downtown commercial district through business recruitment and people- generating activities Develop and implement a blighted properties program for both commercial and residential properties ACTION STEPS Identify target areas for the blighted properties program Partner with downtown business association and civic groups to promote existing and explore new downtown activities (i.e. BNI, Chamber Connections, etc.). Partner with Elk River Area Arts Alliance to explore funding concepts for an arts center within the downtown study area Create and distribute a survey to businesses to identify recommended improvements to existing programs, resources and services, in addition to identifying preferred methods of communication to improve Elk River business climate Identify current property owners’ and businesses’ interest in redevelopment efforts both north st and south of HWY 10 and in 171Focused Area Study area Create a redevelopment policy regarding capitalizing the HRA development fund and identify parameters for purchasing parcels Create and distribute comprehensive business directory to promote downtown Elk River Update short videos promoting available sites and applicable initiatives to distribute through social media outlets, constant contact and website 3