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Office of Sustainable Economic Development Sustainable Economic Development Office Created – April, 2016 as part of a holistic approach to Kennett Township Growth and Development - balancing the need for Economic Development with the need for open space and land preservation. Holistic Economic Development? Reduces Barriers and Provides Easy Access to Investment Opportunities! Holistic Economic Development? Integrates “Green” Initiatives into Planning Identifies Appropriate Financial Incentives To Encourage Desired Growth Holistic Economic Development? Acknowledges the Interconnectedness of our Municipal Neighbors, Businesses, and Environment Enhanced Working Relationships! Kennett Borough New Garden Twp Historic Kennett Square Kennett Twp Avondale Longwood Gardens Local Businesses Developers Commercial Brokers CCEDC SEEDCOPA Transportation Initiative Kennett Township driven cooperative between local governments, county agencies, and local business -working together to find solutions to current and future transportation needs. Transportation Initiative Kennett Kennett Twp Borough New Garden Twp Avondale Chester County Economic Development Council Pietro Industries Kaolin Mushroom Farms Manfredi Companies Phillips Mushroom Farms Kennett Area Arts Alliance Kennett Township, Historic Kennett Square, local artists and community members are working together to ensure an active arts presence in the Kennett Area The Arts Provide… Economic Currency Contributes 3.2% to GDP Enhance Living Experience A Reason to Visit and Live in Kennett! Indoor Agriculture Sustainability is looking to the future! Exploring the new face of Indoor Agriculture! Leveraging Expertise as Industry Leader Creating Opportunities…. Holistic Economic Development… Active Communications … Residents Businesses Potential Investors Visitors Targeted & Active Marketing Increased WEB Presence Vibrant Presence at Community Events and Conferences Active Community Communication Communication Plan! 21st Century Step Communications Facebook Twitter Instagram Speaker Series WEB Archives Web Social Media Events Targeted WEB Presence Reduce Barriers to Investment through easy to navigate site Updated Commercial listings Easy Access to Permit Requirements Attracting the Right Kind of Development! Market Effectively Incentivize Encourage the Projects You Want Incentivize Investment! Research and steward economic incentives and financing sources for the development of select locations TIF – Tax Increment Financing LERTA – Local Economic Revitalization Tax Assistance TDR – Transfer of Development Rights Grants Are We Current Enough? Do Existing Codes Meet Current Need? Do Existing Codes Help Us Achieve Desired Goals? Do Existing Codes Facilitate Quality Projects? BUSINESS INNOVATION LAND DEVELOPMENT If you BILD it they will come! BILD – Business Innovation Land Development Redefined traditional Business Parks to meet current demand Incentivize “Green” practice and design