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<br />SUMMARY OF RESEARCH AND RECOMMENDED STRATEGIES <br />EDA STRATEGIC PLAN 6 <br />ECONOMIC DEVELOPMENT STRATEGIES <br />The research and analysis in the preceding section sets a foundation for considering a menu of <br />strategies for strengthening Elk River’s already healthy economic context. The proposed <br />strategies fall under 15 economic development topics, which are themselves grouped under six <br />general headings, as follows. <br />Highway 169 Redefine <br />1. Highway 169 Redefine <br />Business Attraction & Retention <br />2. Business Attraction <br />3. Land Availability <br />4. Target Industries <br />5. Business Retention & Expansion <br />6. Incentives for Business Attraction/Retention <br />Redevelopment & Catalyst Sites <br />7. Gravel Mining Area <br />8. Downtown Elk River <br />9. Great River Energy Site <br />10. Incentives for Redevelopment <br />Quality of Life <br />11. Downtown Quality of Life <br />12. Mississippi River Access <br />Tourism <br />13. Sports, Mountain Biking, & ERX Tourism <br />14. Hotel Development <br />COVID Economic Recovery Programs <br />15. COVID Economic Recovery Programs <br /> <br />