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Lino Lakes Economic Development Strategic Plan 10 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />EDAC Strategic Plan Implementation Matrix <br /> <br /> <br />PRIORITY 1: <br />Develop Balance of Woods Edge Property <br /> <br />ACTION STEPS ASSIGNED TO DEADLINE STATUS <br /> <br />a. <br />Conduct a Market Study to evaluate options <br />for highest and best use and evaluate market <br />support <br />Staff, Consultant Q2, 2022 <br /> <br />b. <br /> <br />Revisit Master Plan, if necessary, based on <br />information received from Market Study <br />Staff, Consultant, <br />EDAC, PZ and City <br />Council <br />Q4, 2022 <br /> <br />c. <br /> <br />Coordinate development opportunities <br />with City/Rec Center development <br />Staff Ongoing <br /> <br />d. <br /> <br />Solicit development interest through an RFP <br />process for the site <br />Staff Q1, 2023 <br /> <br />PRIORITY 2: <br />Business Retention and Expansion Program <br /> <br />ACTION STEPS ASSIGNED TO DEADLINE STATUS <br />a. Identify business and industry sectors to target <br />Staff, EDAC Q1, 2022 <br /> <br />b. <br />Coordinate BR&E program with other economic <br />development organizations such as Chambers, <br />Anoka County and GREATERMSP. <br />Staff Ongoing <br /> <br />c. <br /> <br />Develop process for setting up retention visits. <br />Staff Q2, 2022 <br /> <br />d. <br /> <br />Develop process for conducting the visits. <br />Consultant Q2, 2022 <br /> <br />e. Develop matrix and schedule for reporting out <br />feedback from the retention visits. <br />Staff Q2, 2022 <br /> <br />Implementation