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C Comprehensive Economic Development Strategic Plan: Report, Direction and City Actions

Economic Development

Time Status:

Budget Status:

Percent Complete: 100%

Start Date: 10/01/2018

End Date: 09/30/2020

In FY 2018, the City went through a request for proposal procurement process to select a firm to undertake an in depth economic development strategic plan. This work will largely be completed in the first half of Fiscal Year 2019, and will entail analysis of market, demographic, and business data to support a strategy for how the City may best deploy its resources to obtain a maximum return on investment for its business attraction, retention and expansion efforts. The development of the strategic plan will include community stakeholder engagement and visioning for what the business community will look for in the future. Part of the deliverable will be a marketing strategic plan for engagement with businesses, brokers, and site selectors. The strategic plan will support the business plan goal of growing our local economy to increase business investment within the City as well as well-paying jobs.

Camoin held a workshop with the Commissioners on November 6th to review the strategic plan. Feedback and input was given and incorporated into the final strategy. Final strategy was presented at the December 18th Commission meeting and adopted unanimously. Initiatives in the Action Plan Matrix are prioritized by level of importance  as low, mid and high and by time as short, mid and  long term. Implementation is underway.

Operating Budget: $ 0.00
Capital Budget: $ 0.00
Legend:  
Initiatives: On Target Closed Out/Completed | IP On Target/In Progress | Below Plan Behind Schedule/Late | DN Discussion NeededR/W Retreat/Workshop Item | D Delay/Hold | N No Milestone | Not Defined Not Defined
Legend:  
Initiatives: On Target Closed Out/Completed | IP On Target/In Progress | Below Plan Behind Schedule/Late | DN Discussion Needed | R/W Retreat/Workshop Item | D Delay/Hold | N No Milestone | Not Defined Not Defined

City of Coral Springs | 9500 West Sample Road, Coral Springs, FL 33065 | 954-344-1000