6.1 EDSR 10-15-2018
The Elk River Vision
A welcoming community with revolutionary and spirited resourcefulness, exceptional
service, and community engagement that encourages and inspires prosperity
Request for Action
To
Economic Development Authority
Item Number
6.1
Agenda Section
General Business
Meeting Date
October 15, 2018
Prepared by
Amanda Othoudt, EDD
Item Description
Annual International Economic Development
Council Conference Recap
Reviewed by
Cal Portner, City Administrator
Reviewed by
Action Requested
Receive presentation on the International Economic Development Council (IEDC) Conference.
Background/Discussion
Staff attended the Annual IEDC in Atlanta, GA this past week. The theme of the conference revolved
around innovation, redevelopment, housing and pedestrian friendly developments.
I will be recapping the conference and showing a few videos highlighting some of the initiatives taking
place in Atlanta.
Financial Impact
N/A
Attachments
None
Elk River, MN…On the cutting edge
2018 Conference –Wrap Up
Development Council (IEDC) International Economic
Elk River, MN…On the cutting edge
development for our communities, members, and NonPPromotes economic More than 5,000 membersMission: Provide leadership and excellence in economic ublic -profit, non partisan, economic
development organizationto private, rural to urban and local to well-being and quality of internationallifepartners.
IEDC
Elk River, MN…On the cutting edge
AtlantaPopulation: 472,522the worldHartsfieldHosted 1996 Summer Olympiadmade the city a hub for the distribution of military During theMajor organizing center of the civil rights
-Jackson Atlanta International is the busiest airport in American Civil War, multiple railroads in Atlanta movement in the 60ssupplies
IEDC in Atlanta, GA
Elk River, MN…On the cutting edge
InnovativeFocuses on redevelopment initiatives Transit orientatedPedestrian friendlyProgressive
Atlanta –As I see it…
Elk River, MN…On the cutting edge
Quick FactsOne of the largest urban redevelopment projects in the U.S.https://youtu.be/5qIFQ8pi6akEncourages redevelopment of nonMulticorridor to enhance mobility and connectivityActivities
are directed toward redeveloping a 22Directly interacts with 45 neighborhoods-use trails and future transit corridor-producing properties-mile rail
Atlanta Beltline
Elk River, MN…On the cutting edge
Atlanta Beltline
Elk River, MN…On the cutting edge
Redevelopment Initiatives within the BeltlineHistoric Estimated $1B, but attracted $4.1B in new private investmentFood hallRestored 2.1M sf Sears, Roebuck & Co. , various shops,
flats and -Area’s largest adaptive reuse warehouse building offices.projectin Atlanta
Atlanta Beltline –Ponce City Market
https://vimeo.com/253603049
Elk River, MN…On the cutting edge
Elk River, MN…On the cutting edge
1.4M sfHosts Advanced Technology Development Center (ATDC)In 2019 Founded in 1979 Created Generated ATDC 325 42,000 companies per -expand sf and companies more than 5,500 more
than $nearly 750,000 15,000 –have attracted yearOldest sf of 1.3B jobs twet lab ech incubator in the countryin sf https revenue. $://youtu.be/pFgamFShpnk 2.5B spacein investments.
Technology Square
Elk River, MN…On the cutting edge
httpshttps://://vimeo.com/266752043vimeo.com/266907031
Opens 9 Miles of StreetsOpens Streets three times a yearexperience.Create streets for people by temporarily closing them to cars a healthy, sustainable and vibrant city street
Atlanta Streets Alive
Elk River, MN…On the cutting edge
Ways to promote unique community prepared Tips on leveraging partnership and resource opportunities industries as part of How to grow the How to capitalize artsto welcome international
investmentand attract new businesses that target on the convergence of technology, creativity, and our economic development advantages and initiativescreative opportunitiesto be
Additional Key Take-A-Ways