1. Assessment of Current Economic Conditions: conduct a comprehensive analysis of economic data, industry trends, employment data, and real estate markets, to inform strategic goals that pertain to target industries, workforce development, and redevelopment for commercial corridors and vacant properties. 2. Stakeholder Engagement: facilitate engagement sessions with stakeholders, including business leaders, community members, policymakers, and economic development organizations 3. Development of Strategic Goals: define short-term and long-term economic development goals based on findings from assessment and stakeholder feedback. 4. Actionable Strategies: define strategies to grow the tax base, support existing industries, attract investment in neighborhoods, and strengthen workforce development initiatives. 5. Implementation Plan: create a detailed implementation roadmap, including timelines, responsible parties, and required resources. 6. Monitoring and Evaluation Framework: establish mechanisms for tracking progress, evaluating outcomes, and adjusting strategies as needed.
