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The Economic
Vitality Element addresses the City’s desire to maintain and enhance a
strong economy by retaining nationally and internationally known
businesses and encouraging the growth of small- and medium-sized
businesses. It also encourages the City to retain and build productive
partnerships with the business community and in so doing, attract
sustainable business development. Because education and the economy are
so closely related, the element also emphasizes Redmond’s commitment to
sustaining and building a first class education system for citizens of
all ages.
Major ideas in the
updated policies include:
- Recognize the roles of the community, schools, businesses, and
the government in creating a positive environment for economic
vitality.
- Provide for a mix of uses in a range of zones to promote the
development of a diversity of business types, ensuring that the land
uses are compatible with the Comprehensive Plan. This means that
economic development should focus on Overlake, Downtown, and other
areas designated for employment growth in the Comprehensive Plan. Support flexibility in allowed tenants for
commercial buildings, including non-traditional uses like restaurants
and child-care centers.
- Encourage the retention and development of businesses that
provide family-wage jobs and fill existing gaps in good and services,
while providing incubator space for new businesses.
- Support the Lake Washington School District to maintain and
enhance Redmond’s high-quality schools, and encourage the location of
institutions of higher education to Redmond.
- Finance infrastructure in a fair and predictable manner such that
no business bears an undue burden and such that Redmond maintains
high quality capital facilities for all who work and live here.
- Build partnerships with the business, non-profit, and other
communities to further the goals of the Economic Vitality Element.
- Take specific actions, like development of a City marketing
campaign that will help Redmond attract economic development
commensurate with the Comprehensive Plan.
- And more…
For more information: Rob Odle at 425-556-2417 or
rodle@redmond.gov.
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