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Economic Plan for Derby
Smart & Sustainable Planning For a New Derbv Economv
The large heavy industrial factories that once powered Derby's local economy are long gone and city leaders have never properly created an intelligent strategic plan for a new Derby economy, We need a pro-active Mayor who works with citizens, business leaders, and community development experts to create a broad strategic vision to empower small business growth for Derby's long term future. Election year announcements must be replaced by an emphasis on good jobs for local citizens. Smart planning starts with a precise inventory of Derby's assets and then creating economic opportunities and challenges.
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INVENTORY economic assets including geographic location, transportation crossroads & infrastructure, rail service, local job skills, governmental relationships and other critical factors
REVIEW city's inertia in embracing emerging American growth economies at local levels in healthcare services, technology and green practices
EXAMINE how Derby can take economic advantage of proximity to 3 outstanding hospitals including world class teaching hospital
PLAN for a sustainable downtown
that attracts people to live and work
Private sector investment requires government honesty, efficiency and ease in navigating the maze of local regulatory permitting, taxation and access to municipal services. The current City Hall has never created a city website for the use of its own citizens and potential private investors. Further, there is little transparency and efficiency in learning where one goes when trying to create or expand business. Derby is behind the times and this must be changed.
CREATE a City of Derby website within 3O days of taking office to inform citizens and private investors of all government meetings, regulatory requirements, permitting steps and business growth efficiency REFORM the current piecemeal approach to working with private investment by consolidating all economic development activities into a single "one stop shopping" economic development office which reports directly to the Mayor
DEVELOP a "Step by Step Guide to Growing a Business in Derby and display guide this on the new city website, at public buildings including the libraries and with business organizations
BUNDLE and resetl empty and demolished parcels
for private infill
development with performance requirements for occupancy and stabilize existing downtown neighborhoods using existing demolition funds to acquire properties as they become available
Partner With Small Business to Promote Growth
The City of Derby must clear the red tape and inefficiency that currently creates obstacles to economic arowth. Businesses that are start-ups or are relocating must be confident that the City will partner with them by creating a step by step guide to growing a small business in Derby. That guide and process must be the main feature of the new City of Derby website.
,/ ADOPT the most effective local business friendly policies practiced by small towns which are creating local economic successes. Recruit local universities and state economic officials and the private sector to identify those policies in the planning stage ,/ ,/
MANAGE the new single contact point for small businesses seeking guidance on local permitting, departmental contacts, fees and other local requirements
COORDINATE efforts to help local business with multiple federal and state agencies, technical assistance, financing, loan and tax credit incentives
,/ PARTNER with state and federal legislative offices to navigate efficiently through government agencies and departments to accelerate business growth in Derby
Derby must market its convenient Fairfield County connection and put incentives in place that will attract private investment from smaller and more numerous high quality developers. The city must avoid continuing to put all of its economic eggs in one basket by working together with investors to construct one or two buildings at a time, encouraging existing businesses to reinvest in themselves, slowly creating a new street grid south of Main Street and connecting downtown with the riverfront.
CAPITALIZE on Derby's key position as a transportation crossroads
EXPAND Derby/Shelton Train Station into Transit Center and petition
Governor for increased rail service to and from Fairfield County
IMPLEMENT the principles of Transit Oriented Development (TOD) by building attractive higher density rental housing and condos around Transit Center creating the need for small businesses and reducing dependency on motor vehicles ESTABLISH Revolving Loan Fund to subsidize rehabilitation of Derby's stock of 1 & 2 family Victorian homes by urban homesteaders
Make the Derbv Downtown Vibrant Aqain
Derby's historic downtown area must be restored to its historic role as an economic center with policies make smart use of public for walking, gathering, shopping and working. Building another "big box" retailer with its back to the river is far off the mark. The city must increase the economic value of downtown by encouraging diverse business growth suitable to the unique needs of our particular marketplace.
with its four point approach using organization, promotion, design and downtown economic restructuring
IMPLEMENT the CT Main Street Center Program
,/ CAPITALIZE on Reconstruction of Main Street to include new pedestrian walkways connected to a riverfront Public Plaza ,/
DECIDE to get the city out of the real estate business and sell City land
south of Main Street in smaller development parcels to private developers with emphasis on smart use of space, high quality design and implementation and long term commitment
,/ RECONNECT downtown businesses and the public with the riverfront and Shelton with walking and biking investments and make the entire area walkable with amenities at the riverfront