Comprehensive Economic Development Strategy (CEDS) A Project Based Regional Roadmap A Project Based Regional Roadmap Barnstable County through the: Cape Cod Commission Leslie Richardson, Economic Development Officer With funding from the: Cape Cod Economic Development Council Dan Dray, EDC Administrator The Process What is the CEDS? A regional planning process resulting in a five-year strategic plan based on a set of priority projects reviewed annually to measure progress What is a Priority Projects? Capital Investments, Planning Efforts and/or Technical Assistance Programs that: • Create or retain quality jobs • Attract private investment • Stimulate regional collaboration & partnerships Barnstable County Commissioners Cape and Islands Renewable Energy Collaborative Cape Cod Economic Development Council Hyannis Country Garden Cape Cod Commission NSTAR Yarmouth Chamber of Commerce Barnstable County - Cape Light Compact Falmouth Housing Authority Town of Brewster Cape Cod Economic Development Council Open Cape Corporation Mashpee Commons Wells Consulting Association to Preserve Cape Cod - Business Roundtable Dennis-Yarmouth Regional School District Who chose these Priority Town of Barnstable Cape Cod Healthcare Harwich Board of Selectman Cape Cod Chamber of Commerce Association to Preserve Cape Cod Cape & Island Workforce Investment Board Projects? Cape Cod Museum of Natural History Jeppesen Marine Massachusetts Small Business Development Center NSTAR Hyannis Area Chamber Barnstable County - Cape Light Compact Community Development Partnership Town of Brewster Open Cape Corporation Regional Organizations focused Coastal Community Capital Hyannis Main St. BID Cape Cod Economic Development Council (Staff) Wells Consulting on Economic Development Roderick Payroll Regional Tech Development Corporation Cape Cod Commission Wise Living Regional Technology Development Corporation Town of Truro Dennis-Yarmouth Regional School District Arts Foundation of Cape Cod Cape Cod Chamber of Commerce Tocci, Goss & Lee, PC Cape Cod Hook Fishermen’s Association Cape Cod Technology Council Cape & Island Workforce Investment Board Cape Cod Hook Fishermen’s Association Sandwich Chamber of Commerce Cape Cod Community College Jeppesen Marine How did they choose these projects? Five Work Groups were established to consider priorities in the different areas that impact economic development INFRASTRUCTURE WORKFORCE SECTOR BUSINESS BUSINESS DEVELOPMENT DEVELOPMENT CLIMATE Housing Wages Emerging Business Zoning Commercial Space K-12 Core Planning Regional & Telecom STEM Traditional Finance Local Energy Higher Ed. Local Owner Management Permitting Water Workforce Sole Prop. New Markets Cost of Doing Training Business Wastewater Entrepreneur Adult Ed. External Airports, Ports Export Sectors impacts of Public Transit Seasonal Import commerce Auto Infrastructure Sr. Workforce Substitution Opportunity Young Prof. Sectors Costs INFRASTRUCTURE WORKFORCE SECTOR BUSINESS BUSINESS DEVELOPMENT DEVELOPMENT CLIMATE What investments can be made over the next 5 years that will help businesses prosper create well-paid year-round jobs for long-term economic sustainability 3 Priority 3 Priority 3 Priority 3 Priority 3 Priority Projects Projects Projects Projects Projects The Projects What Priority Projects did they chose? 1. ADA & Building Compliance Loan Program 2. Buy Local Infrastructure Development Projects 3. Capitalize the Cape Cod Fisheries Trust 4. Coastal Development/Ocean Economy Options Analysis 5. Community Green Enterprise Center Design & Construction 6. Development in Economic Centers Cost Analysis 7. Economic Centers & Village Wastewater Infrastructure 8. Emerging Sectors Housing Projects 9. Energy Demand Reduction Program: Greening Existing Buildings 10. Entrepreneurship Training & Capital Access Program 11. Homeland Security Technology Testing & Training Center 12. Open Cape Telecommunication Infrastructure 13. Redevelopment Authority Feasibility Analysis 14. Renewable Energy Generation Program 15. Renewable Energy Technology Testing & Training Center 16. Specialized Four-year College Feasibility Analysis Capital Projects Immediate Term Telecommunications Infrastructure: Open Cape Project Wastewater Infrastructure: Economic Center & Village Wastewater Program Infrastructure Capital Projects Immediate Term Financial Capital: Cape Cod Fisheries Trust Fund Design & Construction: Community Green Enterprise Center vibrant local economies Capital Projects Longer Term Renewable Energy Generation: Algae Bio-fuel Refinery Pilot Project Technology Testing & Training Centers: Generation Homeland & Maritime Security Emerging Sector Housing Projects: Student & Faculty Housing Artist Live/Work Space – Fenway Studios Replication Project Planning Projects Feasibility Analysis: Redevelopment Authority Development Cost Analysis: Shifting Development in Economic Centers Economic prosperity protected environment Planning Projects Feasibility Analysis: Coastal Development - Ocean Economy Model Needs Analysis: Buy Local Infrastructure Feasibility Analysis: Building on a strong base Boutique 4-Year College Technical Assistance Projects Energy Demand Reduction: Greening Existing Buildings Program Commercial Building Stock for Smart Growth: ADA and Building Code Compliance Loan Program Innovation Infrastructure: Entrepreneurship Training and Capital Access Program Why do all this? The Focus Group Process The purpose of the focus groups is to gauge the value different groups place on the priority projects identified and to determine if any major concerns have been missed The Focus Group Process Four questions will be used to direct the discussion Each participant shall have the opportunity to speak Comments should be limited to no more than a minute each The Questions Question One Together, do you feel these priority projects will improve the competitive position of businesses based on Cape Cod? Question Two Together, do you feel these priority projects will create, attract, or retain well-paid year-round jobs on the Cape for Cape residents? Question Three Together, do you feel these priority projects support innovation and growth consistent with the traditional natural and historic assets of Cape Cod? Question Four Do you feel that any significant impediments to economic development have not been addressed by these priority projects? Thank you! • The draft CEDS update will be available for review and public comment on the Cape Cod Commission website: www.capecodcommission.org • The Cape Cod Commission Planning Committee will review the draft at their May 26th Meeting • The document will be reviewed by the Cape Cod Economic Development Council at their June 4th Meeting • The Final CEDS Update will be presented to the full Cape Cod Commission on June 11th – Public Comment is Welcome!
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