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11/15/2022 <br /> <br />6 <br /> <br />Strengths, Weaknesses, Opportunity, Threats Discussion <br />Lake Elmo EDA <br />July 21, 2021 <br /> <br />Strengths Opportunities <br />Available land (zoned, open, transportation) Demand for warehouse and industrial <br />Low tax base Shift in workplace/telecommuting <br />Large residential base (high incomes) Broadband <br />Educated talent pool Downtown <br />Central geographic location Partner with County <br />Highway 36 & I-94 Survey small businesses <br />Interest in development Airport <br />Flexible zoning Neighboring communities <br />Quality of life Imation (4 Front) <br />Excellent schools Recreation opportunities <br /> Truck/trailer parking <br /> <br />Weaknesses Threats <br />Infrastructure availability Competition neighbor communities <br />Neighboring communities New workforce (post pandemic) <br />Perception (not business friendly) Social unrest <br />Small city (talented city staff) Economic future <br />Conflicting goals Wisconsin <br />Clean energy Perception of the past <br />Economic incentives Resources for businesses <br />Data on talent availability Unknowns (Met Council) <br />Education/training <br />Transit