Laserfiche WebLink
Lino Lakes Comprehensive Plan Update 5-1 <br />Chapter 5: Economic <br />Development <br />Introduction <br />The City of Lino Lakes is in an enviable economic development position in <br />the metro area� The community has many assets that set it apart from other <br />metro area cities and gives it an advantage in growing the local economy� <br />The city is one of the few cities to have interchange access on two interstate <br />highways and can therefore offer superior transportation convenience and <br />a wide range of commercial and industrial sites� The city has taken steps <br />in recent years to build upon these assets, expand the local economy and <br />upgrade the quality of design in its development. Residents have benefited <br />from a more diverse set of options for goods, services and employment <br />within the city limits. The regional profile of Lino Lakes will increase among <br />the commercial/industrial development community as its population grows <br />and competing sites closer into the Metropolitan Area’s core are developed� <br />This chapter will: <br />• Set goals and policies for economic development <br />• Document some of the key indicators of the city’s economy <br />• Describe available economic development assistance tools <br />• Describe the economic development priorities as established in the City’s <br />Economic Development Strategic Plan <br />Chapter 12, Implementation, includes specific strategies/ action steps that <br />will help the city to achieve the goals and priorities�