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<br />SUMMARY OF RESEARCH AND RECOMMENDED STRATEGIES <br />EDA STRATEGIC PLAN 25 <br /> <br /> <br /> <br />QUALITY OF LIFE <br />The City of Elk River has placed a clear emphasis on enhancing its amenities to support a <br />high quality of life for its residents. Active Elk River is a clear current demonstration of that. It <br />is enlightened and far-reaching, resulting in improvements to parks, recreation and community <br />spaces. <br />Beyond adding to the enjoyment and health of residents, quality of life investments are <br />economic development strategies. They contribute to the economic vitality of the City. They <br />have marketing value for attracting new residents and population growth. And many <br />businesses prefer to locate in locations with a positive community identity, and where there is <br />an educated and capable workforce. <br />Elk River’s EDA may not be the lead entity for advancing quality of life strategies, but the EDA <br />does play a role in advocating for the economic competitiveness of Elk River in a broader <br />sense. For that reason we’ve highlighted the importance of quality of life considerations, and <br />highlighted a couple of specific quality of life strategies related to downtown Elk River and its <br />Mississippi River riverfront. <br />