Title
Discuss Economic Development Strategic Plan RFP top responses
Body
To: Honorable Mayor and Members of the City Council
EXECUTIVE SUMMARY
The last Economic Development Strategic Plan (EDSP) was completed in 2018. The City is now at the stage where it needs to update the existing EDSP to meet the needs of Alameda and the Economic Development program over the next five years. In response to this need, the City issued an RFP on July 9th, with responses due August 17th. A total of 19 proposals were received and reviewed by staff. Staff have narrowed down the responses to the top four, which are being presented to the EDAP members to solicit discussion and feedback.
BACKGROUND
In 2018, the City Council adopted the existing EDSP, which was designed to guide the City’s economic development activities over the following five to ten years. The EDSP served as Alameda’s roadmap to achieve economic growth, and to improve the quality of life for residents and employees. The overall goal of the EDSP at that time was to focus limited City resources for economic development on the business sectors in which Alameda was an attractive option, where there was room for growth, and where they complemented Alameda’s long-term goals.
The last EDSP identified ten priority areas to support Alameda’s economic resiliency. The priority areas were divided into two major categories:
Business sectors identified as opportunities for growth
Life Sciences
Clean Tech, Green Tech, High Tech
Blue Tech and Maritime
Retail and Restaurants
Tourism/Hospitality
Artists and Small Manufacturers
Critical services to support the retention, expansion and growth of businesses in Alameda
Transportation Choices
Housing
Workforce Development
City Services and Policy Documents
The last EDSP can be reviewed at the following link: https://www.alamedaca.gov/files/content/public/v/148/departments/base-reuse-and-economic-development/edsp-2018.pdf.
The new Economic Development strategy will pro...
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