Laserfiche WebLink
City of Louisville <br />Economic Vitality Strategic Plan <br />o Incorporate priorities into other Strategic Plan Goals and Supporting Actions, to match tasks with <br />properties/areas <br />EV <br />Target Start January 2022 <br />#1-5 <br />• Create and distribute quarterly commercial vacancy report to monitor lease rates and available space <br />EV <br />Q4 2021; then ongoing <br />o Utilize Costar and City licensing database to build report of total commercial square feet by occupancy <br />type (industrial, office, and retail) <br />EV <br />Target Start November <br />o Identify and agree to key data for quarterly report and prepare report template <br />EVC/EV <br />Target Start December <br />o Produce quarterly report in the month following the end of each quarter <br />EV <br />Target Start April 2022 <br />#1-6 <br />• Conduct regular business retention visits to understand issues and address concerns <br />EV <br />ONGOING <br />€V <br />C__ Q INA P L E T E II 1NIE 2O2 <br />^� <br />„ PFeyide F „I-,.. eFti . an „#ni#4;i; to nir <br />E-V <br />rnnnol ETE EERRI 14 RY POP <br />• Create and maintain Available Properties database to assist brokers and interested businesses in seeking <br />EV <br />;then ongoing <br />#1-7 <br />space <br />o Utilize development of commercial property database to also tag and identify available properties; gather <br />additional market information on priority properties <br />EV <br />o Produce distributable template to share properties matched with seekers such as brokers and new <br />businesses <br />EV <br />a& <br />• Create a business communication toolkit, including a Business Resource Guide, to distribute critical <br />#1-8 <br />business information <br />EV <br />Q2 2022 <br />o Seek input from City departments about most frequent type of interactions with and questions from <br />businesses; develop list of topics for Resource Guide <br />EV <br />o Use development of Resource Guide to determine what other methods or forms of communications <br />EV <br />should be part of the toolkit (either existing plans, forms, etc. or new items to be created) <br />• Create and review Cost of Doing Business/Development Scorecard to better understand cost of doing <br />#1-9 <br />business in Louisville <br />EV <br />Q4 2021 <br />p <br />EVG/E,I <br />COMPLETE 11 NE 202 <br />.J...... L... w.....h.- <br />eem <br />„ n,,yelep Gity Gewnell . , Ft asrAFL-rard <br />cc4v <br />rnnnol ETE 1111 y 202 1 <br />Q Gathc-r add4mAnal re# and 4-P data and develep "ease studies" FegaFding the east ef deing lausines& <br />(;QMPI CTC I\IGVEMBER 202 <br />o Present Scorecard 2.0 to City Council <br />CC/EV <br />Council Agenda 12/7/21 <br />o Seek to change perception of cost of doing business in Louisville and incorporate highlights from <br />scorecard in marketing materials <br />EV <br />• Develop understanding of Transit Oriented Development and application to desired outcomes of <br />Q3 2022; then develop additional <br />CC/EVC/EV <br />#1-10 <br />development within Louisville <br />strategies <br />• Evaluate a program for business incubator or pop-up on City -owned property to encourage small business <br />#1-11 <br />growth <br />EVC/EV <br />Q12023 <br />o Research regional incubator programs; assess what works well, what does not work well <br />EV <br />o Develop list of potential properties or spaces for incubator; determine whether to pursue private <br />CC/EVC/EV <br />property arrangements or limit only to City -owned property <br />o Agree to terms for incubator spaces and determine level of support to be provided <br />CC/EV <br />o Market program and available spaces for small business start-ups <br />EV <br />#1-12 <br />• Consider need to evaluate supply/demand of downtown parking <br />EVC/EV <br />Q2 2023 <br />Agenda Packet P. 13 <br />