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HomeMy WebLinkAbout09292016 Economic Development Committee packetCouncil Economic Development Committee CED Conference Room City Hall September 29, 2016 1:30 p.m. Members: Staff: Others: Councilmember Coffey Cliff Moore, City Manager Councilmember A. Gutiérrez Sean Hawkins, Economic Development Manager Councilmember Cousens Rob Peterson, Airport Manager Joan Davenport, Director of Community Development Colleda Monick, Economic Development Assistant Agenda Action Items: 1. Examination of Possible Locations for Incubator / Public Market Project – Sean Hawkins 2. Cubcrafters SIED Application due October 5 – Sean Hawkins 3. Hogback SIED Application – Sean Hawkins 4. 2017 Legislative Issue – Low Income Housing Fund – Randy Beehler Update Items: 1. Economic Plan Updates – Sean Hawkins 2. Meeting with Sharonn Meeks from Washington State Finance Commission – Sean Hawkins, Randy Beehler 7 ASSESSED INCUBATOR SITES NORTH FRONT PROSCONS•Ambiance•Adjacencies•Visibility•Distant•Small•Ownership•New construction SOUTH FRONT PROS CONS•Size and shape•Distant•Parking•Adjacencies•Ownership•New construction HELLISON LUMBERPROSCONS•Distant•Parking•Expensive to retrofit•Building•Market “feel” FOOD COURTPROS CONS•Location•Facilities•Opportunity to change•Nonadjacent•Ambiance•Small•Adjacencies•Image WILSON BUILDINGPROS CONS•Location•Tax Credits•Small square footage per floor•Complexity•Expensive to retrofit K&K FURNITUREPROS CONS•Location •Parking•Size•Light•Availability•Residential adjacencies•Tax Credits•Nonadjacent•Not iconic•Mixed-use challenges•Expensive to retrofit DRAGON INNPROSCONS•Location •Adjacent•Activating•Tax Credits•Tough building•Loss of existing uses•Requires whole building