A partnership between the Downtown Business Association and The City of Red Deer, this plan was approved and adopted by Red Deer City Council in May 2016.
With the expert assistance of consultants, the project was created to identify the key economic opportunities and drivers within our Downtown. Each of the opportunities identified build on the successes to date to ensure we will be investment-ready moving into the future. More interestingly, it provided some key findings on the type of businesses we should focus on attracting to the Downtown. It also details a parking strategy for the area along with a strategy for The City to encourage development on vacant lots.
The next step for your DBA is to implement the strategies that fit into the 2017-19 strategic plan. In preparation, your DBA has been increasing the internal capacity of the Association through economic development training. With increased knowledge and accreditation on-hand, your DBA will be versed in all areas of economic development ensuring we are taking the correct steps to attract and retain new and existing business to the Downtown core in the recommended sectors.
The good news is we are on the right track and, with some focused implementation in key areas, we are primed to take our Downtown to the next stage of success.
Click the links below to view the complete documents: