Economic DevelopmentMaster Plan City of College Station City Council Workshop

July 25, 2013

City Council Strategic Initiative◦Diverse Growing Economy◦ FY2012 Budget Item

College Station Comprehensive Plan◦ Chapter 4 – Economic Development◦ Established a broad context◦ Identified preliminary Goals, Strategies,

and Actions

Economic Development Program Area

Purpose

Area Economics and Demographics

Seven Market Analyses◦ Retail and Commercial◦Office and Industrial◦Health and Wellness◦ Technology◦Hospitality and Entertainment◦ Government and Higher Education◦ Construction and Development

Phase One Report

Industry Trends

Public Input◦ Business Survey◦ Individual Interviews and Focus Groups◦ Mayoral and City Council Interviews

Incentive Program

Existing Structure, Efforts, and Partnerships

Entertainment Districts Evaluation

Redevelopment Area Evaluation

Phase Two Report

Sustain and Enhance High Quality of Life

Support and Partner with Texas A&M University & System

Support Retail Development

Economic Development Master Plan:Strategic Initiatives and Actions

Support and Stimulate Biotechnology Research & Advanced Manufacturing

Support and Stimulate Health & Wellness Market

Support and Stimulate Sports, Entertainment, & Hospitality Market

Economic Development Master Plan:Strategic Initiatives and Actions, cont.

July 18◦ Deliver Draft Phase Three Report◦ Planning & Zoning Commission Workshop Item

July 25◦ City Council Workshop Item

August 15◦ Planning & Zoning Commission Public Hearing and Action

August 22◦ City Council Public Hearing and Final Action

Next Steps