Economic Development Program Overview 9-21

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Transcript Economic Development Program Overview 9-21

Office of
Sustainable
Economic
Development
Sustainable
Economic
Development Office
Created – April, 2016 as part of a
holistic approach to Kennett Township
Growth and Development - balancing
the need for Economic Development
with the need for open space and
land preservation.
Holistic Economic
Development?
Reduces Barriers and Provides Easy
Access to Investment Opportunities!
Holistic Economic
Development?
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Integrates “Green” Initiatives into
Planning
Identifies Appropriate Financial
Incentives To Encourage Desired
Growth
Holistic Economic
Development?
Acknowledges the
Interconnectedness of our Municipal
Neighbors, Businesses, and
Environment
Enhanced Working
Relationships!
 Kennett
Borough
 New Garden
Twp
 Historic
Kennett
Square
 Kennett Twp
 Avondale
 Longwood
Gardens
 Local
Businesses
 Developers
 Commercial
Brokers
 CCEDC
 SEEDCOPA
Transportation
Initiative
Kennett Township driven cooperative
between local governments, county
agencies, and local business -working
together to find solutions to current
and future transportation needs.
Transportation
Initiative
 Kennett
 Kennett
Twp
Borough
 New Garden
Twp
 Avondale
 Chester
County
Economic
Development
Council
 Pietro
Industries
 Kaolin
Mushroom
Farms
 Manfredi
Companies
 Phillips
Mushroom
Farms
Kennett Area Arts
Alliance
Kennett Township, Historic Kennett
Square, local artists and community
members are working together to
ensure an active arts presence in the
Kennett Area
The Arts Provide…
 Economic
Currency
 Contributes
3.2% to GDP
 Enhance
Living
Experience
 A Reason to
Visit and Live
in Kennett!
Indoor Agriculture
 Sustainability
is looking to the
future!
 Exploring the new face of
Indoor Agriculture!
 Leveraging Expertise as
Industry Leader
 Creating Opportunities….
Holistic Economic
Development…
Active Communications …
 Residents
 Businesses
 Potential Investors
 Visitors
Targeted & Active
Marketing
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Increased WEB Presence
Vibrant Presence at Community
Events and Conferences
Active Community Communication
Communication
Plan!
21st
Century
Step
Communications
 Facebook
 Twitter
 Instagram
 Speaker
Series
 WEB Archives
Web
Social
Media
Events
Targeted WEB
Presence
 Reduce
Barriers to
Investment
through easy
to navigate
site
 Updated
Commercial
listings
 Easy Access
to Permit
Requirements
Attracting the Right
Kind of
Development!
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Market Effectively
Incentivize
Encourage the Projects You Want
Incentivize
Investment!
Research and steward
economic incentives and
financing sources for the
development of select locations
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TIF – Tax Increment Financing
LERTA – Local Economic
Revitalization Tax Assistance
TDR – Transfer of Development
Rights
Grants
Are We Current
Enough?
Do Existing Codes Meet Current
Need?
Do Existing Codes Help Us Achieve
Desired Goals?
Do Existing Codes Facilitate Quality
Projects?
BUSINESS
INNOVATION LAND
DEVELOPMENT
If you BILD it they will come!
BILD – Business
Innovation Land
Development
 Redefined
traditional
Business Parks
to meet
current
demand
 Incentivize
“Green”
practice and
design