City of Newport Economic Opportunities Analysis Technical Advisory Committee #1
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Transcript of City of Newport Economic Opportunities Analysis Technical Advisory Committee #1
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City of NewportEconomic Opportunities Analysis
Technical Advisory Committee #1
Presented by:
ECONorthwestDecember 15, 2011
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Agenda Introductions (10 minutes) Overview of the project (30 minutes)
Presentation by ECONorthwest Role of the TAC Q&A
Discussion of process steps (20 min) Background information and studies
Preliminary SWOT analysis (60 minutes) What are Newport’s economic strengths, weaknesses,
opportunities and threats? How should various stakeholder organizations work to
addresses economic issues and opportunities? What outcomes do TAC members desire from the study?
Next meeting?
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Economic Development and Land Use Planning
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The Broad View It is about
prosperity (the first paycheck), and
Livability (the second paycheck)
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The Role of Public PolicyC ategories of public policy and key factors they influence
ENVIRONMENTAL QUALITY
URBAN AMENITY
INFRASTRUCTURE AND SERVICES
Air and Water Quality Natural Resources Farmland
Urban Design Arts,Culture, & Recreation Library
Transportation Water and Sewer
Housing Land Development
Park & Open Space Schools
BUSINESS PRODUCTION COSTS Economic
DevelopmentCOST OF LIVING
Policy Categories Policy CategoriesFactors Influenced
by Policies
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Building from Principles to PlanHow much growth? How much land?Where is the buildable land?
Vacant; unconstrained physically or by policyWhat development patterns make sense?What are the impediments to properties
being developed or redeveloped?How might those impediments be eliminated?
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Components of the Land Needs AnalysisDemand is a
function of population and employment growth
Supply is a function of land base
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State Requirements
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Why do an Economic Opportunities Analysis?Legal requirements - Goal 9 – Economy
Economic opportunities analysisIndustrial and commercial development policiesDesignation of lands for commercial and
industrial developmentUnderstand existing conditions and forecast
future conditions to inform:Economic development strategyLand use policyCoordination
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Goal 9: EconomyTo provide adequate opportunities throughout the state for a variety of economic activities vital to the health, welfare, and prosperity of Oregon's citizens
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OAR 660-009: Economic DevelopmentOAR 660-009 requires:
Economic Opportunities Analysis (OAR 660-009-0015)
Economic Development Objectives (OAR 660-009-0020)
Designate lands for commercial and industrial uses (OAR 660-009-0025)
Identify desired types of employment uses Determine their required site characteristics
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What is the EOA about?Big picture:
Evaluate factors that affect Newport’s economyForecast employment and land need: supply and
demand for landIdentify site needs of target industries (existing or new)Determine if Newport has enough of the right types of
sites in the UGBDevelop concise summary of Newport’s economic
development objectivesOutline steps the city government can take to help the
community achieve its economic development objectives
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Comparison / Conclusions
Supp
lyDemand
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Work Program
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Review of Background MaterialsEconomic Section, Newport Comprehensive PlanChamber Vision 2020Lincoln County Economic Development Strategies
2010-11Travel Impacts 1991-2010 (Runyan Rpt, May 2011) 2005 Newport Employment Lands StudySouth Beach Urban Renewal PlanYBEF Ocean Observing Strategic framework (2008)Newport Peninsula Urban design Plan (Glick Rpt,
1994)Others?
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Work Program Overview1. Project kick-off2. Economic opportunities analysis3. Commercial/industrial buildable lands
analysis4. Conclusions, recommendations, and
implementation measures5. Draft and final report
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Project Schedule
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TAC ScheduleMeeting 1: Project Kick-off (Dec 14)Meeting 2: Economic development visionMeeting 3: BLI/Draft EOAMeeting 4: Policy implications and optionsMeeting 5: Implementation strategies
Work program indicates project completion by July 30, 2012
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DiscussionWhat are Newport’s economic strengths,
weaknesses, opportunities and threats?How should various stakeholder
organizations work to addresses economic issues and opportunities?
What outcomes do TAC members desire from the study?