2016-08-09 Meeting Report (Economic Development Master Plan)
SPIN MEETING REPORT
SPIN Item Number:
SPIN16-25
Project Name:
Southlake 2035 Economic Development Master Plan(CP16-005)
SPIN Neighborhood:
Citywide
Meeting Date:
August 9, 2016
Meeting Location:
1400 Main Street, Southlake, TX
City Council Chambers
Total Attendance:
Twenty-one (21)
Host:
David Alexander, Community Engagement Committee
ApplicantPresenting:
Ken Baker,SeniorDirector of Planning and DevelopmentServices
City Staff Present:
Ken Baker, Senior Director of Planning and Development Services;
Jerod Potts, Planner I
Attached to the end of this report are the Blackboard Connect Delivery Results for the August 9, 2016
SPIN Town Hall Forum
Town Hall Forums can be viewed in their entirety by visiting http://www.cityofsouthlake.comand clicking
on “Learn More” under Video On Demand; forums are listed under SPINby meeting date.
FORUM SUMMARY:
Property Situation:
Citywide
Development Details:
Southlake 2030 is being updated, it is now the Southlake 2035 Plan
Comprehensive Plan is made up of a number of elements –the Economic
Development Plan is one of those elements
Economic Development and Tourism Plan was first adopted in 2011
This update will separate Economic Development and Tourism into two distinct
plans
Economic goal of Southlake is to sustain a strong and healthy economy
This plan provides a blueprint to ensure that economic development occurs in a
successful manner that is aligned with the goals of the City and the City Council
City’s charter requires that each element be looked at every 5 years
The economy in DFW area has changed in the past 5 years, and we have much
more information now to develop this plan, such as information from the retail
saturation study conducted in 2014
Oversight for this plan was through the Community Enhancement and
Development Corporation (CEDC)
All recommendations in 2030 plans are aligned with the City strategy map
Retail saturation study identified 6 target industries that the City feels they can
support and would thrive: niche retail; office; medical and healthcare; finance,
insurance and wealth management; information technology and media;
biotechnology and pharmaceuticals
Plan is divided into 4 mainsections
Section 3 focuses on the Southlake market
o
Recommendations cover a number of areas as related to the
Southlake marketplace
Section 4 focuses on economic incentives
o
Recommendations deal with facilitating the strategic investment of
public funds to attract and retain quality businesses, to ensure
ongoing monitoring and reporting of projects that have received
incentives, and to maintain dedicated funding to achieve economic
development projects particularly as identified in this plan
Section 5 focuses on business retention and expansion
o
Recommendations focus on creating opportunities for the City to
learn about concerns and needs of the business
Section 6 focuses on the citizen and community engagement
o
Promote economic development efforts in the community
Done through multimedia tools, social media and annual
report, and development of the website that exceeds
industry standards
Exhibits presented at SPIN:
QUESTIONS / CONCERNS:
None
SPIN Meeting Reports are general observations of SPIN Meetings by City staff and SPIN Representatives. The report is neither verbatim nor official
meeting minutes; rather it serves to inform elected and appointed officials, City staff, and the public of the issues and questions raised by residents and
the general responses made.Responses as summarized in this report should not be taken as guarantees by the applicant.Interested parties are
strongly encouraged to follow the case through the Planning andZoning Commission and final action by City Council.
Blackboard Connect Delivery Results for the August 9, 2016SPIN Meeting