HomeMy WebLinkAbout3a. Strategic Plan for Economic DevelopmentCity of Lakeville
Community Development
Memorandum
To: Economic Development Commission
Kati Bachmayer, Economic Development Manager
Tina Goodroad, Community Development Director
Justin Miller, City Administrator
August 27, 2024
Strategic Plan for Economic Development – Final Report
Ehlers will attend the August EDC meeting to present Lakeville’s 2024-2028 strategic plan final
report. This document is the culmination of EDC discussions and feedback gathered between
April through July 2024 and includes five goals with strategies, actions and success measures.
The five goals are:
1. Identify Resources Available for Economic Development
2. Expand Existing Businesses and Promote Entrepreneurship
3. Establish Lakeville’s Competitive Edge
4. Strengthen Lakeville’s Local Tax Base
5. Enhance Lakeville’s Distinct Industrial and Commercial Districts
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15,951
25,769
33,534
10,468
20,823
37,769
25,619
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