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Home My WebLink About02/21/2017 00 Presented at the MeetingYAKIMA ECONOMIC DEVELOPMENT STRATEGIC PLAN MANY ECONOMIC DEVELOPMENT PARTNERS C BEATER YAKIMA� 16hd",176,-r J W0n,1??0w "If 1f,. J C hnw.Orfl r" IIIIIIIIIIIN , --- -- A. VURKINE )GETHEF NEW VISIwk N YAKIMA COUNTY DEVELOPMENT ASSOCIATION , and Local Investors Are Building a Strong Regional Economy Center for Business Development (�r&W �v Fnn-epre.t�s,S%vt� 1991 O M f R " ONOMIC DFVFLOPMFNT PLAN R • Jan I I - Greater Yakima Chamber of Commerce Board of Directors • Jan 12 —Yakima City Council Economic Development Committee • Jan 16 — RCDR and HCCY Board of Directors • Jan 19 —Yakima County Dev Association Board of Directors • Jan 25—YakimaValley Tourism Board of Directors • Feb 13 —Lunchtime Presentation to Greater Yakima Chamber of Commerce Membership Luncheon • Feb 21 —Yakima City Council Study Session PLANNING PROCESS Phase Phase II Phase III Where are Where do you� Hg w will you you now? want to be? et there? We aim to slur and sustain the growth of Yakima's economy over the long-term by collectively working to growjobs that day well, enabling resident workers to buy homes and afford a quality lifestyle. STRATEGIC INITIATIVES TO SPUR& GROW YAKImA's ECONOMY Sites for Business Mill Site Redevelopment Public Authority District Incentives Educational Alignment Air Service Convention Center Expansion Incubator Airport Business Growth Recruit Cluster Industries - I Centro de la Raza Image Campaign • Goal • A diverse portfolio of sites ready for business location that provideYakima a competitive advantage because infrastructure is in place, any contamination is addressed and owners are willing to sell/lease. • Lead • Yakima County Development Association & City of Yakima — Economic Development Department nIA:lei AOL I ..« I rar a LOT V, FIS LOT 71F k av e: i 61,X1 5/ I eF 3i 7f- I 40,9. z�.ossi r Srvss r me« Srv55 r auar.>• a icr — _ _ s NOIr 7C m.ss ux v A i LIT o F BDIIJR�AI�Y Si I Sul i R AFN. 7902M OA% A"K= R _SSgy- IS crust ------------- ____trV______ .ns' V • L MIZ i W .15e. cr S# I "I55 o-•��. -----------:.g ;u Sn� �v a9RYr s AFK.770496 •�4 acres L(7r 71F BS.P. AFN MM R OAC A- WW'[ _ ---hey_______`a AM 7619902 I I I ;r L07 7N g aSp. I I l . AM 761M I L - .. �..�- --- ---------� ,Jrl. �= P L SA 8i „ im� r.wm rai��5 • Goal • Support the redevelopment of the former Cascade Lumber Company mill site to accommodate quality jobs and increase Yakima's tax base, as well as present a quality development atYakima's highly -visible northern "front door." • Lead • City of Yakima — City Manager CASCADE MILL Yakima's front door & opportunity • Challenges with environmental issues: landfill, wood debris, plant clean-up • Funded transportation access improvements • Ownership • Vision • Patience Concern this opportune site will become just another move around the community without net gain • Goal • Explore the potential of a public authority district as a tool to support economic development and enhanceYakima's competitiveness to attract and retain businesses. • Lead • Business community (represented byYCDA, GYCC, HCC of Yakima) PUBLIC AUTHORITY DISTRICT Tour existing successes & learn from the best Satsop Business Park _ �� -•, k ,11A��w ILIL Pikes Place 4. Pybus Market } lullI �,�Mlk-• _ J • Goal • Responsibly offer and promote a diverse portfolio of competitive incentives that influence business investment in favor of aYakima location. • Lead • Yakima County Development Association & City of Yakima — Economic Development Department That was then... Perception versus reality — not the same staff • Tried to manage expectations This is now... • Solution -oriented • Search code if truly a requirement • Staff take direct calls • Concurrent permitting • "Pre App" meeting encouraged • Permit Project Coordinator • Current fee structure unrealistically low; proposed fees in line with competitors • No impact fees • Need to tell your story better M • Goal • Educational resources aligned to meet the comprehensive current and future needs of employers in Yakima. • Lead • Yakima County Development Association a • Goal •Sustain and increase commercial airline service at theYakima Airport (YKM). • Lead • City of Yaki ma —Airport A = Now offering 4 four daily flights out of Yakima. FIyYKM.com PHOENIXII, MARCH ONE-WAY FARES AS LOW AS $115; Ir, FLYYKM.COM • Goal • Expand theYakima Convention Center plus pursue a new headquarter hotel to host targeted groups with world-class amenities • Lead • Yakima Valley Tourism DED SECTOR BUSINESS I I ?OVFMFNT GROWTH - R -)USTRIFS -YC--DA • Goal :3! • Locate traded -sector businesses that compliment yet diversify Yakima's economic base. • Lead • Yakima County Development Association m TRADED SECTOR BUSINESS & QUALITY IMPROVEMENT GROWTH - INCUBATOR - CITY OFYAKIMA r1mmol PW Mentoring Startup Technical Funding Assistance :pensive Marketing rkspace Expertise Shared Finance/ Operation Acct Sery Costs Networking DED SECTOR BUSINESS & QUALI1 ?OVFMFNT GROWTH -AIRPORT B iDAI I.QAI MIR* • Goal ir • Locate a comprehensive supply chain of traded -sector aviation companies and suppliers to prioritized sites adjacent to theYakima Airport. • Lead • City of Yakima — Economic Development Department, Airport • Goal • Establish a Latino cultural center (Centro de la Raza) to honor the diverse cultural assets of theYakima community. • Lead • Hispanic Chamber of Commerce of Yakima • Goal • Enhance local pride in community and foster positive "buzz" aboutYakima. • Lead • Greater Yakima Chamber of Commerce & Hispanic Chamber of Commerce of Yakima tkCCOLINTARI-F IMP[-FMFNTATIC SI Lead SI Lead SI Lead SI Lead SI Lead city SI Lead Econ SI Lead Dev Mgr SI Lead SI Lead SI Lead SI Lead SI Lead Yakima City Council Yakima Economic Development Committee