HomeMy WebLinkAbout4. 2024 Work PlanCity of Lakeville
Community Development
Memorandum
To: Economic Development Commission
From: Kati Bachmayer, Economic Development Manager
Copy: Tina Goodroad, Community Development Director
Justin Miller, City Administrator
Date: January 23, 2024
Subject: 2024 Work Plan Memo
The draft 2024 EDC work plan is attached. The list centers on projects that can be scheduled
for this year, categorized under current economic development strategic priorities.
For your reference, a copy of the 2023 Work Plan (approved in February 2023) is also attached,
along with a spreadsheet that highlights the work and accomplishments that city staff and
EDC members completed in 2023.
Action Requested: Staff is seeking feedback and additional ideas from the commissioners
before a final plan is approved during the February 27, 2024, meeting.
Economic Development Commission
2024 Work Plan
Maximize and Market our Competitive Edge Timing
• Update of Economic Development Strategic Plan Q1-Q3
Business, Retention, Expansion and Diversification
• Create BRE plan Q1 and Q2
• Business visits
o Initial intro letters inviting visits Q1
Explore financing tools to assist in business expansion Q3-Q4
MEETING DATE GUEST SPEAKER HOUSING NEEDS ASSESSMENT DOWNTOWN PARKING NEEDS ASSESSMENT WEBSITE UPDATE MARKETING NBS SURVEY SPECIAL PROJECT HOT TOPICS
1/9/2023
(Special
Meeting)
Urban Land Institute "Future of Retail and
Industrial Panel"
1/24/2023
Matt Mullin, Maxfield Research. Kick off of study.
EDC provided feedback.
2/28/2023 Rob Dockry, Airlake Airport Manager
EDC provided feedback on 4 external
ED websites as part of an internal
website update
EDC provided feedback and
approved 2023 EDC Work Plan
4/25/2023
Study started. EDC invited to attend the public
meetings.
Staff shared updated pages. EDC
provided feedback.Find Yourself in Lakeville video #1
EDC provided
feedback on custom
questions
EDC provided feedback on
Sweet Harvest Foods DEED
applications
5/23/2023
Matt Mullin, Maxfield Research. Shared draft
report. EDC provided feedback.Update provided on study
Staff shared updated pages. Working
with CivicPlus on header package.
6/27/2023
Tony Schertler, Dakota County CDA Executive
Director (CDA overview and MN stat funding for
affordable housing)Update provided on study
Staff presented at MREJ Southeast
Surburban Development Summit (May
24)
7/31/2023
(Special
Meeting)
EDC provided feedback during
Envision Lakeville - Boards &
Commissions joint workshop
8/22/2023
Jennifer Byers, Minnesota Chamber (MN
Chamber Foundation’s Minnesota: 2030 (2023
Edition) report and the MN Chamber of
Commerce’s 2023 State of business retention
and expansion in Minnesota report)Update provided on study
Update provided on
NBS Survey
Staff launched new mapping
tool - Commercial & Industrial
Zoning Districts Map
10/24/2023
Lucas Ritchie, City of Lakeville Civil Engineer
(Transporation project updates)
New website (LakevilleBusiness.com)
launched in October
2023 Manufacturing Panel Discussion
& Appreciation Reception Survey results shared
2023 MNCAR Expo (October
25)
12/12/2023 Final report presented Made in Lakeville Teacher Tour
EDC provided
feedback on
cannabis zoning
Maximize and Market Our Competitive Edge Business, Retention, Expansion and Diversification
CED Website Updates Create BRE Plan
Update ED Strategic Plan Business Visits
Business Survey
Create tools to assist in business expansion
2023 WORK PLAN