• City of Tacoma QA
  • City of Tacoma Data




Economic Development Strategic Framework

Download the Economic Development Strategic Framework and Action Plan

 

The City has developed a five-year plan for the City and its partners, in eight key areas:

Central City, Dome, and Brewery Districts Vitality: Land and Infrastructure

  • Prioritize Infrastructure Improvements Associated with Catalytic Economic Development and Redevelopment Projects
  • Pro-actively Market the development and reuse of High Impact/High Value City-Owned and Privately-Owned Properties

Small Business Development and Entrepreneurship Services

  • Support Entrepreneurship, Incubators and Small Businesses with Technical Support
  • Partner with Higher Learning Institutions such as UWT, Bates Technical College, UPS, PLU, TCC and others to provide technical training for start-up small businesses including retired military personnel seeking to launch businesses

Business Attraction, Retention, and Expansion Efforts

  • Focus on attracting industry which positively impacts the City’s tax base, creates jobs and positively impacts the budget;
  • Focus on retaining and expanding industry which generate significant revenues and offer good paying jobs and essential services for the local community and minimize revenue leakage to neighboring communities

Port of Tacoma and Industrial Development

  • Strengthen relationship and communications with the Port and focus to recruit companies to vacant and undeveloped sites and create more jobs
  • Seek to expand the Innovation Partnership Zone (IPZ)
  • Focus on business retention and expansion of existing industrial firms

Business District and Neighborhood Revitalization

  • Strengthen business district retail to its full potential, maximizing revenue impact and neighborhood livability
  • Create more walkable, vibrant, mixed-use environments to spur interaction and attract talent
  • Encourage and support adaptive reuse of existing buildings and infill development

Workforce Development

  • Strengthen the Quality and Competitiveness of Tacoma’s Workforce
  • Establish Business Development & Training Opportunities in Partnership with Joint Base Lewis-McChord, Higher Learning Institutions and Neighborhood Organizations focused on ethnic and economically challenged communities

Culture, Tourism, and Hospitality Initiatives

  • Position Tacoma as a Destination City
  • Partner with the Tacoma Regional Convention & Visitor Bureau, Tacoma-Pierce County Chamber of Commerce and other organizations to promote the arts, culture, venues and other events and attractions

Professional and Business-Friendly Government

  • Foster a Supportive Business-Friendly Environment
  • Expedited Development Review Process and Stream-Lined Regulatory Review