The Economic Vitality Element serves as a blueprint for many of the city’s policies and partnerships that enhance quality of life and attract businesses and entrepreneurs.
Draft 2 Policies Available for Review
The second draft of the Economic Vitality element is available for review. This draft incorporates feedback received from stakeholders, the community, Boards and Commissions, and City Council earlier this year on Draft 1.
Narrative text and formatting based on a Redmond 2050 element template were also added for this draft.
Questions, comments, feedback? You can reach our team at Redmond2050@redmond.gov.
Next Steps
Additional comments, feedback, and any policy direction from Council will be incorporated for a final draft, anticipated in Q1 2023.
Policy Summary
- It update incorporates the Redmond 2050 themes of equity and inclusion, sustainability, and resiliency.
- The chapter has been re-organized around the following economic development goals:
- A sustainable and resilient economy,
- a high quality of life, and
- a diverse workforce and business community.
What you said
- Promote economic diversity
- Address displacement of legacy and vital local businesses
- Preserve uses that thrive only in Manufacturing Park zones while adding some flexibility
- Support small, ethnic, and Black, Indigenous, People of Color (BIPOC) businesses
- Provide opportunities for flexible workspaces and uses
- Predictable, stable business climate
What's New in the Economic Vitality Element
The draft Economic Vitality Element responds to community priorities as well as support state, regional, and county economic strategies.
- Equity is emphasized, updating policies that focus on quality of life and opportunity for all types and sizes of businesses.
- Mitigating Displacement of legacy and vital community businesses, including those for underserved communities.
- Preserving our manufacturing and industrial land uses.
- Addressing the barriers created by the high costs of housing, land, and space for existing and new businesses.
- Building Resiliency from the impacts of natural disasters and other disruptive events.
- Continued effort to achieve a sustainable economy.
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