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HomeMy WebLinkAbout5B Notes from April 9 Strategic Planning Session56 ti O� PR1O1 U \INNES��� 4646 Dakota Street SE Prior Lake, MN 55372 Economic Development Authority Work Session Notes April 9, 2011 STRATEGIC PLANNING SESSION The EDA developed the following broad themes to focus on for the remainder of 2011 and for inclusion in the 2030 Vision and Strategic Plan. • Take steps which assure that fiber optics to the home / business is a reality in Prior Lake. • Take steps to assure the vitality of the Prior Lake downtown. • CR 21 alignment • Business retention • Business promotion • Take steps to develop business incubators in Prior Lake as follows; o Software • Medical • Green • Energy efficiency • Water quality o Locations • Existing building — Fountain Hills • Undeveloped land — Deerfield, Vierling • Welcome Avenue — Snell property • Redevelopment — Monnens, Diggers • Economic Development Financial Assistance 0 16 grants o Angel investing • Review key City policies and ordinances which may inhibit or obstruct commercial development Phone 952.447.9800 / Fax 952.447.4245 / www.cityofpriorlake.com