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Lino Lakes <br />ECONOMIC DEVELOPMENT PLAN <br />Background <br />In a series of meetings the Economic Development Advisory Commission (EDAC) evaluated the <br />potential of four different areas for economic growth within the City of Lino Lakes. The areas <br />represented the various types of development currently facing the community: housing, <br />commercial, industrial and redevelopment. EDAC's charge was to prioritize the opportunities <br />based on a review of each area's positive aspects and potential challenges. <br />The four Areas of Opportunity that were assessed included: <br />Development and implementation of a Business Retention and Expansion Program <br />Q The Legacy Site located at Interstate 35 and Lake Drive <br />4 Redevelopment of the intersection of County Road 49 (Hodgson) and County Road J <br />O The Commercial and Industrial Corridor along Interstate 35E and County Road 14 <br />EDAC recognizes that the City needs to be flexible and responsive to the market place. This <br />document represents a guide and framework for prioritizing the City's economic development <br />efforts. When opportunities for development occur, Lino Lakes will respond in a manner that <br />will facilitate the best outcome for the community. <br />This work plan focuses actions to facilitate economic growth in the Areas of Opportunity. The <br />document lays out the priorities identified and approved by the EDAC. It is the intent to amend <br />and update the document as needed to be reflective of progress. <br />� (r <br />CITY f QF <br />J <br />INCA KES <br />O <br />0 <br />J <br />