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City of Louisville <br />Economic Vitality Strategic Plan <br />GG/E-V <br />COMPLETE DECEMBER 202 <br />o Incorporate priorities into other Strategic Plan Goals and Supporting Actions, to match tasks with <br />properties/areas, such as process for public/private partnerships <br />EV <br />Target Start January 2023 <br />#1-5 <br />• Create and distribute quarterly commercial vacancy report to monitor lease rates and available space <br />EV <br />ONGOING <br />64010;p Cgqtar City lieensing database te build tetal feet by <br />COMPLETE Il C!'C I\AQCD 2021type <br />nd FepeFt ef eemmeFriial SqUaFe eeewpaney <br />(indwst.ial 944„ze Rd FetailI <br />n I.J.,ntify and a e to I(ey data f9F q - keFly F eFt and pFepaFe .,.t ew..g.l-.t..&Vc4v <br />/ O.M.DI CTC PFC;F \ADCD "1Q;11 <br />n D.e.Jw„ e q aFte Fly F 9Ft in the w. nth fell ,.. ing the end Af a rh q aft... <br />-FV <br />COMP, CTC ADDII POOP <br />#1-6 <br />• Conduct regular business retention visits to understand issues and address concerns <br />EV <br />ONGOING <br />E-V <br />COMPLETE II NE 2021 <br />i-�l �tVlC <br />n D.e..ide F ulaF . eFtin . tentien to EVC; <br />E-V <br />/^llMP CTC CCDDI IADV 2021 <br />#1-7 <br />• Create a business communication toolkit, including a Business Resource Guide, to distribute critical <br />business information <br />EV <br />Q3 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 />Q4 2022 <br />o Use development of Resource Guide to determine what other methods or forms of communications <br />should be part of the toolkit (either existing plans, forms, etc. or new items to be created) <br />EV <br />Q4 2022 <br />#1-8 <br />! fl. iRg &15ine5S/n,....,1,...... bi..de <br />G85t SGOF....., ..J to b .J. ing <br />COMPLETE <br />etteF <br />Feat.. and Feyiew Of ent F5tand 685t of <br />I9H5ine55 ;ALOHi5v4leo <br />Revisit fer total fees that impact <br />CVC:/EV <br />COMPLETE II NE 2021 <br />and cernplete survey ef eemparable cernMunities rnatrb( of Fnest <br />n fl..... lep City Ce YnGil BFt O aFd <br />CC/E-V <br />!'(IAA DI CTC II II V XP I <br />COMPLETE CTC N(I\/C MQCD 7(\71 <br />• D...e Rt SEOF...aFd 2 n t.. Gi4y !'..b � <br />� <br />('!II\A DI CTC DECEE AQCD 2021 <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 />ONGOING <br />#1-9 <br />• Evaluate a program for business incubator or pop-up on City -owned property to encourage small business <br />growth <br />EVC/EV <br />Q1 2023 <br />o Research regional incubator programs; assess what works well, what does not work well- including <br />opportunities to accomplish thru public/private partnerships <br />EV <br />o Develop list of potential properties or spaces for incubator; determine whether to pursue private <br />property arrangements or limit only to City -owned property <br />CC/EVC/EV <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 />#1-10 <br />• Consider need to evaluate supply/demand of downtown parking <br />EVC/EV <br />Q2 2023 <br />o Review prior downtown parking lot purchases and current use of land <br />EVC/EV <br />Agenda Packet P. 14 <br />