2040 Comprehensive Plan: Envision Shakopee

Support reuse of existing spaces and encourage redevelopment of underutilized, blighted and brownfield sites » » Study sites for reuse and redevelopment prioritization » » Identify sources of low-cost capital available for upfit and redevelopment » » Coordinate with landowners to support, upfit or redevelopment. Support clearance of land, outdated buildings and equipment, and the remediation of polluted soils and sources of water to spur redevelopment and grow the tax base » » Consider the use of public financial resources such as tax increment financing (TIF), tax abatement and/or low interest loans when projects meet community goals and when development is unlikely to occur without public support » » Develop a Brownfield Redevelopment Program to identify, monitor, plan and promote the redevelopment of brownfield sites Prepare a clear plan for industrial growth on new, greenfield sites and land annexation » » Establish a working group to develop an industrial growth plan » » Study market demand to identify regional trends and priorities in new industrial development » » Develop a strategic plan that prioritizes goals and policies for new industrial greenfield development

2B

BIG IDEA3

ATTRACT NEW INDUSTRIAL USERS 2

ENHANCE ECONOMIC CLUSTERS

2C

Establish an industrial extension or advanced manufacturing center » » Survey businesses to understand the in-demand services for which the extension or center should offer » » Coordinate and recruit educational institutions to deliver services

2A

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