HomeMy WebLinkAboutAction Sorting Sheet - EconomyECONOMY
Phase I (FY23, FY24, FY25)
Action
Champion
Target Date
Phase II (FY26, FY27, FY28)
Action
Champion Target Date
Action Step and Number
Scaled Priority
Score (Max 10)
Average
Effort Rating
Average
Impact Rating
17. Enhance access to affordable childcare for all
populations through innovative partnerships
with higher education, non-profits and the
business community.
19. Partner with the Iowa City Community School
District, Iowa Labor Center, local trades and
other stakeholders to provide meaningful
career development opportunities, pre-
apprenticeship and apprentice programs.
12. Utilizing American Rescue Act Funds, execute
on agreeable recommendations in the
Inclusive Economic Development Plan with a
particular focus on actions that build long-
term support and wealth building
opportunities for systemically marginalized
populations.
2. Create flexible incentives to support the top
goals of Iowa City's Self-Supporting Municipal
Improvement Districts and other commercial
nodes, including attaining a desired business
mix that serves the surrounding
neighborhood.
16. Partner with Kirkwood Community College to
offer robust adult learning programs in Iowa
City that upskill residents, improve language
proficiency, and prepare them for local high-
quality jobs.
Action Step and Number
Scaled Priority
Score (Max 10)
Average
Effort Rating
Average
Impact Rating
18. Fund a childcare navigator in partnership with
the Iowa City Area Business Partnership and
4Cs.
13. Increase small business technical assistance to
aid in the creation, success and growth of
home-grown businesses.
9. Seek a partner(s) to develop the City's
remaining industrial property in a manner that
creates new economic activity and high-
quality employment opportunities.
14. Expand the newly developed targeted small
business -grant program with a goal of
assisting 5-10 businesses annually.
1. Develop targeted marketing to promote Iowa
City as a unique and attractive place to do
business.
6. Develop business focus group to inform
recommended changes to zoning and other
local regulations that remove barriers for
business recruitment and retention.
8. Work collaboratively with the private sector to
ensure that Interstate -80 frontage property is
developed in a manner reflective of Iowa
City's values and that promotes new business
opportunity in a mixed-use environment.
23. Develop a riverfront master plan in
cooperation with the University of Iowa, Think
Iowa City and other stakeholders.
Action Step and Number
Scaled Priority
Score (Max 10)
Average
Effort Rating
Average
Impact Rating
5. Strengthen the partnership with Proctor &
Gamble with a goal to expand local
production, localize supply chain, and create
new direct or indirect employment
opportunities.
11. Invest in retrofitting vacant commercial spaces
for the 'new' economic environment and
partner to buildout flexible, move-in-ready
spaces for a mix of business types.
3. Invest Climate Action Funds in business,
commercial, and industrial grant and incentive
programs.
24. Strengthen and expand key assets along the
river, including the skate park, Shakespeare
Theatre, Riverfront Crossings Park, Terry
Trueblood Recreation Area and the Iowa River
Trail.
26. Initiate planning for key river bridge
rehabilitation and replacement, including at
Burlington and Highway 6.
22. Expand access to multiple types of public art
in neighborhoods through collaborative
community partnerships.
27. Initiate planning for conversion of the old
Public Works campus to a revitalized
municipal campus and riverfront park.
Action Step and Number
Scaled Priority
Score (Max 10)
Average
Effort Rating
Average
Impact Rating
10. Initiate the design and construction of Taft
Avenue to support growth in Iowa City's
industrial sector and consider flexibility in
addressing other infrastructure challenges
identified by the business community.
7. Explore ways to facilitate economic
development partnerships with the University
of Iowa in areas such as entrepreneurial
innovation and education and medical
technology.
15. Invest in partnerships with ICAD and other
stakeholders to ensure that MERGE and other
co-working spaces create a thriving
environment for entrepreneurs and early-
stage businesses.
20. Provide financial resources to enable the non-
profits art community to flourish in safe,
accessible and affordable locations
4. Launch a uniquely Iowa City buy local
campaign that highlights local businesses.
21. Participate in partnerships that elevate Iowa
City's City of Literature designation and attract
business, visitors, and events.
25. Pursue opportunities for strategic floodplain
property buyouts along the Iowa River.
28. Develop a stronger recreational water trails
program with additional kayak/canoe launch
sites and amenities.