Loading...
HomeMy WebLinkAboutItem 2 - Att A - RegionalEconDevPlan-FinalJon Ruiz, City Manager, Eugene by Gino Grimaldi, City Manager, Springfield Jeff Spartz, Lane County Administrator TABLE OF CONTENTS WHY DO WE CARE? 2 H 2 OW WE GOT HERE OUR NEXT ECONOMY 4 4 ECONOMIC DEVELOPMENT STRATEGIES 5 LAUNCHING US INTO THE NEXT ECONOMY TECHNICAL ADVISORY GROUP MEMBERSHIP 9 1 WHY DO WE CARE? The citizens of the Eugene-Springfield metro area have felt the burden of the financial crisis more so than in other counties and other states. The decline in local jobs, is putting a strain on city, county and state budgets and programs. The Eugene-Springfield metro area unemployment rate in July 2009 was 12.5%, a 6-percentage point increase over the last year, which is slightly higher than the state unemployment rate of 11.9%. The decline in the availability of local jobs has put increased pressure on social services. The number of cases in the federal Temporary Assistance for Needy Families program for our local district has increased 18.5 percentage points over the past year. The number of applications for low-income housing in Lane County in 2008 increased 13 percentage points compared to the previous year. These programs are indicative that the economic crisis has significantly impacted our local economy and that the need for a regional, long-term strategy for not only economic recovery, but also economic prosperity is strong. HOW WE GOT HERE The region’s Joint Elected Officials, the City Councils of Eugene, Springfield, and the Lane County Commissioners, were seeking a way to respond to our economic crisis. The JEO put forward challenging goals: “By 2020, create 20,000 net new jobs in the chosen economic opportunity areas; reduce the local unemployment rate to, or below the state average; and increase the average wage to or above the state average.” The elected officials also put forward a few guiding principles to help focus and steer strategies towards those that would be most compatible with the assets and 2 values of the region. Resource challenge, science and knowledge based, globally interdependent, innovation driven. “Members of our The JEO formed a technical advisory group (TAG) composed of key business communities are in leaders and critical area partners who had a passion for our regional need. Housing community, and was requested to develop recommendations on how to move prices have fallen our economy forward. This group crafted a set of strategies that the region and we've seen should focus on to influence the economic development of the region. The strategies were then tested and discussed at a Regional Economic Summit unprecedented held in November 2009. With over 300 participants, the Summit provided a levels of broad community response to where our region needs to go and offered unemployment. insights into the initiatives that government leaders need to embark on. Those with jobs are not seeing the PRINCIPLES growth The elected officials from our region set a goal for the region to work towards, opportunities once as well as a few guiding principles that were used to help focus the strategies available through towards those that would be compatible with the assets and values our region their employers. boasts. We need economic Healthy Living – Championing businesses and entrepreneurs that promote a development healthy, safe, and clean community while enhancing, protecting, and making policies that wise use of our natural resources. address these concerns and we Smart Growth – Encourage a culture of entrepreneurship and re-investment into our local community. need to work together to create Be Prepared – Develop the region’s physical, social, educational, and an economy that workforce infrastructure to meet the needs of tomorrow. provides those Local Independence – Promote local businesses and entrepreneurs that lead good jobs now." our area to a higher level of economic independence and resilience. Lane County Regional Identity – Create a stronger economic personality that celebrates our Commissioner Pete region’s attributes and values. Sorenson “There are some that will say the goals are too big. That we won’t be able to both decrease unemployment and increase median income… There are some that will continue to say we won’t be able to work together as jurisdictions. I think that what we have today and as we move forward, is proving that that isn’t the case. That there is a commitment to doing all of those kinds of things.” - Jon Ruiz, City Manager, Eugene 3 OUR NEXT ECONOMY “ A talented workforce is the key to our STRATEGIES FOR THE NEXT ECONOMY region’s economic The TAG recommended a set of high-priority strategies for the region. These success. strategies create the vision for how governments, businesses, and community Building members can work together to help the Eugene-Springfield metro area achieve economic sustainability. This set of strategies were tested at the Regional programs, Economic Summit and proved to successful in establish a framework for partnerships decision-making for community partners within Eugene, Springfield, and Lane and a regional County. culture that GROWING LOCAL OPPORTUNITIES values learning and Our region should take initiatives that support the growth and development of entrepreneurial local businesses that generate quality jobs. We recognize the crucial role existing area businesses play in sustaining the health of the local economy and spirit and in creating job opportunities. Efforts should be directed at supporting the creativity will operating needs of local businesses as well as meeting their needs for expansion and growth. help us grow, and attract CREATIVE ECONOMY innovative The Eugene-Springfield metro area needs to work towards providing easier and talent to our faster access to resources for start-ups and new ventures. We need to enhance region.” and connect facilities, networks, and services within our region to encourage the creation of new ventures, and the growth and development of small- and medium-sized enterprises. Richard TALENT FOR TOMORROW Lariviere, University of We need to appeal to the next generation of “knowledge workers.” We need to look for initiatives that will help us train, attract, and maintain a competitive Oregon workforce that meets emergency industry needs, stimulates business President, from development, and highlights the vitality and appeal of our region. Fostering a his keynote dynamic partnership between education, industry, and workforce development to address at the forecast and meet the training needs of area businesses is crucial for our region’s citizens and businesses. Regional Prosperity We recognize the importance of a skilled workforce for the prosperity of the region. By expanding access to academic and occupation training for all Lane Summit. County residents, with special focus given to lower-skilled and lower-wage workers, we can expand the ready workforce in Lane County. 4 BASIC NEEDS OF BUSINESS In order to meet the very basic needs of any business, we need to prepare the infrastructure, land, and workspace to provide for future growth. Initiatives should strengthen the coordination between infrastructure, planning and investments, land use, and economic development goals to create attractive and modern business locations. LIVE THE GOOD LIFE Our area boasts the physical beauty, and natural and recreational amenities that create a lifestyle that few would contest. We need to promote the region’s quality of life that attracts people to the area and builds on our dynamic community. Our region’s economic quality of life benefits from the staying power businesses have because their employees choose to live and grow in our community. KEY INDUSTRIES We can continue to support the development of sectors that have built a strong economic foundation for our community and have complemented our region’s quality of life, such as: Transportation/Manufacturing Wood Manufacturing Health Care Construction The region should also focus on developing our innovative culture to support the emerging opportunities within our local economy, such as: Health/Wellness Advanced Manufacturing (technologically rich, innovative manufacturing) Software Clean Tech / Renewable Energy Biomedical LAUNCHING US INTO THE NEXT ECONOMY TheRegional Prosperity Summit gathered leaders from business, government and the community and honed in on the critical initiatives that will launch our region into the next economy. 5 NETWORKS, NETWORKS, AND MORE NETWORKS “Economic Networks are needed for several types of information. A stronger network of recovery and our financiers will help to bring more innovative ideas to market. As more entrepreneurs are trying to sell their services and products, a network of very future, marketers will be useful. As the new businesses begin to grow, a network of depends on a mentors are needed to help those new businesses through their growth strong, healthy stages. A “Birth to Three” network for entrepreneurs will create an environment for the entrepreneur where they can get the help they need education system. when they needed. We are proud of Create a Birth to Three network where entrepreneurs, business the quality of owners/managers can go for mentorship in the major areas of students produced running a business, such as financial management, marketing, production, leadership, etc. in our metro area and we must THE HEART OF LANE BUSINESS continue to The most common recommendation from the Regional Prosperity Summit creatively focus was a one-stop resource center for all things business. An entrepreneur on developing our could come to this information hub, both physically and virtually, and receive future workforce troubleshooting assistance on financing, marketing, or leadership, connections to other agencies and department, enrollment into business right here at trainings, and an enrollment into an appropriate network for ongoing support. home.” This business assistance center acts as the expert in regional resources for entrepreneurs and business owners of all kind. It is the heart to Lane County business development. Create a business assistance center where entrepreneurs, business Springfield owners/managers can go, whether virtually or physically, to get Mayor Sid information and assistance related to business management and Leiken growth within our region. A LEARNING COMMUNITY Summit participants expressed the needs to improve the basic and applied skills of young people in the region as they prepare to enter the labor force. Active partnerships between the business community and local schools were suggested with a focus on work experience through internships and mentorships. This type of business-to-school partnership represents a real opportunity to provide young workers-to-be with valuable economic life skills. Improve the basic and applied skills of young people in the region as they prepare to enter the labor force. This effort must begin with school readiness for kindergarten, ensure high school graduation, include vocational/technical training, and internships and mentorships, and provide paths to higher education. 6 A FOCUSED REGION “Our region is Our regional values need to drive the creation of our regional economic identity. blessed with Marketing a regional identity will increase our area’s ability to maintain a tremendous sustainable competitive advantage in a global marketplace. Our identity assets and a influences the regional behavior in the marketplace and describes our community’s values to businesses and talent around the world. A regional wealth of identity will help us align our strategies, our resources, our partnerships, and our local assets for economic success. ingenuity, Create a regional economic identity, capitalizing on assets that will and this identify our region as a significant economic center. Summit is an NEW PARTNERS opportunity for us to work New investment coming to the region will be an important complement to the growth of local business in providing for the region’s future economic health. A together to sustained effort to reach out to prospective investment, respond to their best questions and needs, and successfully recruit new businesses to the area is an capitalize on important part of a sound economic development strategy. Many of these efforts are already in place. The region also has an important partnership with the State those assets of Oregon to address national and international markets. and develop Develop and sustain a business expansion, attraction and retention creative program with emphasis on traded-sector companies. Sustain and strategies expand the economic recruitment efforts in place for the region. The partnership with the State of Oregon should also be further fostered and and actions developed. The regional identity (addressed in the previous initiative) to move our will be used to refine and focus the efforts. economy forward.” URBAN VITALITY The distinctiveness of a region and a community is an important asset in Eugene retaining talent and businesses, as well as attracting new talent and investment. The region has always been fortunate to have many such “place-based” assets Mayor Kitty in its outdoor recreational amenities and great variety of natural features. The Piercy, from emergence of the creative economy has created new interest in urban downtowns as entertainment and cultural centers. Both Eugene and Springfield, her opening as well as many of the smaller communities in the region, recognize the remarks at importance of supporting and enhancing vitality in their downtowns. Building theRegional downtowns as places to live, work and play will support the retention and expansion of the existing business community and be a significant asset to Prosperity attract new investment. Summit. The Cities of Eugene and Springfield should continue and enhance their efforts to promote downtown vitality through development and redevelopment. Other Cities in the region should also look for 7 opportunities to enhance core commercial and downtown areas as part of their economic development strategies. Inventory and assess adequacy of industrial land availability in support of expansion, attraction and retention in conjunction with comprehensive land assessment process. A REGION WORKING TOGETHER One common thread of feedback from the Regional Prosperity Summit was the positive direction that our government leaders are taking by pulling our communities together to act as one economic region. Moving forward as one region, not several, will create a positive inertia that will move us forward into the next economy faster than if we work alone. Our next economy will be stronger and more resilient by moving forward together. Create a Regional Prosperity Council that acts as the guiding coalition for the implementation of the regional strategy; initiates and presides over an on-going conversation on topics such as demographic shifts, applications of emerging technologies and best practices in supporting the strategy. “Collectively, we move towards that which we believe to be true. If we believe we will be able to reap prosperity in this region, decrease unemployment, increase median income, we are encouraged and hopeful that we will move in that direction. ” Jon Ruiz, City Manager, Eugene 8 TECHNICAL ADVISORY GROUP MEMBERS: Dave Hauser, Eugene Chamber of Commerce Caroline Cummings, Eugene Chamber of Commerce Dan Egan, Springfield Chamber of Commerce Natasha Boska, Springfield Chamber of Commerce Jack Roberts, Lane Metro Partnership Tim Duy, University of Oregon Shawn WinklerRios, EDev Sue Kesey, Springfield Creamery Nancy Bigley, Outback Steakhouse Ann Marie Mehlum, Summit Bank Chuck Forster, Lane Workforce Partnership Robin Onaclea, Lane Workforce Partnership Leroy Marney, President Lane,Coos,Curry,Douglas Counties, Oregon State Building Trades Council Jon Ruiz, City Manager, Eugene Gino Grimaldi, City Manager, Springfield Jeff Spartz, Lane County Administrator 9