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05-16-07
ArdenHills
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2007
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05-16-07
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master plan in 2002 . This plan links the trail system into a unified <br /> network of pedestrian transportation throughout the community. <br /> The EDC views this initiative as a top priority and fully supports the • <br /> PTRC's Parks, Trails and Recreation Plan. <br /> 11) Development Sites. <br /> As a land locked community, Arden Hills is rapidly running out of <br /> developable sites for consideration. This shifts the community's <br /> priorities from a development to a redevelopment nature. Due to <br /> development pressures in and around the community, single site <br /> redevelopments can and will most often be handled by market forces. <br /> However, we may have some tracts of land that are under or non- Deleted k <br /> performing and convert them to a higher and better use is what we <br /> are talking about here. Arden Hills is at a point where master <br /> planning entire neighborhoods, retail districts, business parks and yes, <br /> the city center needs to move onto the public agenda. Through this <br /> process, a more proactive vision for the city can be implemented. <br /> Accomplishing this vision will require the city's participation in the <br /> development process through financing, incenting and negotiating key <br /> partners to participate in the process. <br /> The EDC views this initiative as a top priority and further defines the <br /> following areas as key redevelopment sites: The Red Fox/Gray Fox <br /> business/industrial area, the former City Hall site on CR 96, the <br /> Lexington and CR E business area, and the Chesapeake property in the <br /> Gateway Business District. <br /> Business Retention • <br /> Business development represents some of the core activities of any economic <br /> development program. Over time, the importance of a successful retention <br /> and expansion program has risen over that of the traditional attraction <br /> efforts. The most effective economic development dollars are those spent <br /> working with existing businesses since most of the economic growth in a <br /> community is the result of established businesses. Here are some activities <br /> recommended for Arden Hills. <br /> 12) Business Retention Program. <br /> Recent research on economic development effectiveness conducted by <br /> numerous resources has consistently emphasized that a business <br /> retention program focused on the base (those businesses that bring <br /> Strategic Plan for Economic Development Page 10 of 21 <br /> • <br />
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