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City of Centerville 2024-25 <br />STRATEGIC PLAN <br /> <br />STRATEGICGOALIECONOMICDEVELOPMENT <br />Developstrategies,programs,initiatives,andactivitiestoimprovetheeconomicwellbeingoftheCityof <br />Centerville,businessrelationshipsandthequalityoflifeforCentervilleresidents. <br />Priority1ΑReviewFundamentalElementsoftheComprehensiveLandUsePlanwhichguidethelongterm <br />visionfordevelopmentandredevelopment. <br />1. Workwithconsultantstoputtogetheraprojection(visualandwritten)offuturediversehousingdevelopment <br />optionsatvariouscitypopulationlevelsbasedondensity;includeinanalysis: <br /> DevelopcommunityengagementstrategyforreviewofDowntownMasterPlanandComprehensive <br />Plan <br /> PrepareandadoptrevisedDowntownMasterPlanandComprehensivePlan <br /> Prosandconsofpopulationreaching5,000forbusinesses,cityfinances,andinfrastructure(Public <br />Works,PublicSafety,LegalServices,Engineering,watertower,wellandseweretc.)andincludecity <br />staffingneededforexpandedservices. <br />2. DevelopamatrixofCentervillepropertythatisavailablefordevelopmentandredevelopmentforthepurpose <br />ofgainingCityCouncildirectiononnegotiationparametersforeachproperty. <br /> CompletethesaleanddevelopmentofthelandownedbytheCityofCentervilleat1737MainStreet. <br /> CompleteredevelopmentofvacantlandownedbytheCityofCenterville(Block7)byclosingonthesale <br />andcompletingtownhomedevelopmentproject. <br /> Draftdeveloperincentiveguidelines(TIF,Fees,Abatement,etc.)andeducatecommissionsandcity <br />councilandthepublic. <br />Priority2ΑDevelopatoolkitofbusinessinitiativestorecruit,retainandstrengthencommunitybusinesses. <br />1. Developbusinessrecruitmentplans. <br /> Proactivelyidentifybusinessesneededintown(pharmacy,grocery,library,clinic,hotel,etc.)andmarket <br />availablelandtothesebusinesses. <br /> Promotenearbybusinesses(likeRunningAces),todrawnewbusinessestoCenterville. <br /> Promoteavailablesitesatrealestatesummitsandotherpremiermarketingevents. <br /> Assistwithsitereadinessneeds(PhaseI,soilborings,survey,etc.) <br />2. Developbusinessretentionplans. <br /> Conductpersontopersonbusinessretentionvisitsusingastructuredprocessthatincludesaregular, <br />rotatingscheduletoensureallbusinessesareincluded.(Goal=20visitsperyear) <br /> Conductexitinterviewswhenbusinessesleavetowntodocumentwhytheyareleaving. <br />Page 1 of 4 <br />5 <br /> <br />