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West Palm Beach Economic Development Strategy

October 21st, 2015

Agency

City of West Palm Beach, Mayor’s Office

Services Provided

Economic Development
Strategy

Address

401 Clematis Street
West Palm Beach, FL 33401

Performance Period

2014-Present

West Palm Beach Economic Development Strategy

Issue

In order to help attract more corporations and developers to West Palm Beach, RMA Director of Economic Development, Kevin Crowder, worked with the City of West Palm Beach Economic Development Director, Chris Roog, to develop its first Economic Development Strategy for the City. The purpose of the Economic Development Strategy is to examine data that illustrates where West Palm Beach is currently, determine how the City compares to its local competitors, and to develop a series of steps that will help the City achieve its goals of becoming a national and international business destination.

Strategy

RMA’s Economic Development Strategy focuses on responsiveness and compatibility, regional cooperation, clustering, targeted area strategies and combine with an efficient and timely approval process for permits. It recognizes and adapts to market realities, and also should be compatible with neighborhood character and community values, so that all segments of the community can grow and succeed along with it.

A City Commission Workshop on April 7, 2014 presented the Economic Development Strategy report containing proposals to create jobs, grow the tax base and attract business to West Palm Beach. A key factor discovered during the research & analysis process was that a shortage of product in almost every category of real estate would be a sticking point for economic growth, as real estate is one of the main economic drivers.

The plan tells the City how to be strategic in terms of exactly where to add residential and commercial development. Recommendations stemming from the report include: target specific corridors in need of redevelopment for increased commercial development, utilize business incentives to attract retail, encourage residential multifamily development that marries retail and residential, and increase Class A office space.

Outcome

RMA, as part of its role managing the Community Redevelopment Agency for the City of West Palm Beach, is assisting the City in executing the recommendations identified in the Economic Development Strategy.

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West Palm Beach Visioning & Downtown Master Plan

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Alachua Downtown District

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Avenue Lofts Public-Private Partnership

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Cape Coral Bimini Basin

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CRA Update, Feasibility Analysis, Public-Private Partnerships (P3), & Strategic Marketing Plan Creation

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Davie Public-Private Partnership (P3) Consulting Services

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Downtown Miami Business Incentive Catalog

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Florida League of Cities (FLC) University Summits

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Learn more

Margate City Center

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Martin County Countywide CRA Plan Update

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Miami Beach Economic Development Transition

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Mount Dora Commercial Market Study | Grandview Business District

, , Learn more

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North Miami Beach Downtown, Biscayne Corridor & Waterfront Mixed-Use Districts

, , , , Learn more

Learn more
Palm Bay Photo Credit: D. Ramey Logan

Palm Bay Market Analysis

, , Learn more

Learn more

Pompano Beach Pier Project

, , , Learn more

Learn more

West Palm Beach Economic Development Strategy

, Learn more

Learn more

Cape Coral Bimini Basin

, Learn more

Learn more

CRA Update, Feasibility Analysis, Public-Private Partnerships (P3), & Strategic Marketing Plan Creation

, , Learn more

Learn more

Dania Beach Branding, Marketing and Business Attraction Plan, Public Relations & Special Events

Learn more

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Margate Strategic Planning, Marketing, Branding & Public Relations

, , , , Learn more

Learn more

Martin County Countywide CRA Plan Update

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Learn more

North Miami Beach Downtown, Biscayne Corridor & Waterfront Mixed-Use Districts

, , , , Learn more

Learn more

North Miami Strategic Marketing Plan Creation & Implementation

, , Learn more

Learn more

Oakland Park Strategic Plan, Business Attraction, Branding & Marketing

, , , Learn more

Learn more

Pompano Beach Brand Strategy | Old Town

, , Learn more

Learn more

Pompano Beach Grand Re-Opening Event

, , , , Learn more

Learn more

West Palm Beach Strategy Development, Business Attraction, Marketing & Communications Plan

, Learn more

Learn more

Coral Springs Downtown Master Plan

Learn more

Learn more

Martin County Countywide CRA Plan Update

Learn more

Learn more

North Miami Beach Downtown, Biscayne Corridor & Waterfront Mixed-Use Districts

, , , , Learn more

Learn more

Pompano Beach Master Plan, Land Use Amendment & Zoning Regulations

, , Learn more

Learn more

Pompano Beach Streetscape Design & Construction Management

, , Learn more

Learn more

West Palm Beach Palm Coast Plaza

, Learn more

Learn more

West Palm Beach Visioning & Downtown Master Plan

, , , , Learn more

Learn more

Alachua Downtown District

, , , Learn more

Learn more

Delray Beach CRA Management

, , , , Learn more

Learn more

Downtown Miami Business Incentive Catalog

, , Learn more

Learn more
Fort Lauderdale Photo by D Ramey Logan

Fort Lauderdale CRA Management

, Learn more

Learn more

North Miami Beach Downtown, Biscayne Corridor & Waterfront Mixed-Use Districts

, , , , Learn more

Learn more

Pompano Beach CRA Management

, , , , , Learn more

Learn more

Pompano Beach Old Town Plaza

, Learn more

Learn more

1350 Main – Sarasota

, Learn more

Learn more

Cape Coral Bimini Basin

, Learn more

Learn more

Davie Public-Private Partnership (P3) Consulting Services

, , Learn more

Learn more

Martin County Countywide CRA Plan Update

Learn more

Learn more

Pompano Beach Pier Project

, , , Learn more

Learn more

The Lofts on West University – Gainesville

, Learn more

Learn more