For several years I’ve called on the Town to hire a professional economic adviser. When I renewed the call during my 2005 campaign, many of the other candidates adopted (or co-opted) the idea.
I suggested we hire someone with experience in developing an economic strategy that encompassed more than Downtown redevelopment or saw economic benefits beyond those derived from commercial and residential real-estate.
For many years our Town’s elected folks ignored policies that would encourage job, entrepreneurial business and cottage industry growth. Their lens, if focused at all, stayed firmly on traditional areas. Worse, they continued some policies – like the business privilege tax – that actually act as a disincentive.
I was somewhat worried when we once again hired a former consultant from Town manager Roger Stancil’s past. With the hiring of Dwight Bassett (Two Years Later Town Hires Economic Development Officer), we at least had filled this important position. Dwight’s background had been mainly focused on Downtown redevelopment projects and developing other traditional avenues of economic activity.
I was concerned then, and still am, that we will miss out on using our Town’s unique pool of talent to develop our economic strength using a new paradigm. For instance, leveraging our commitment to deploy a municipal network to attract low environmental impact, highly distributed employment opportunities paying better than average salaries.
This week we get our first glimpse of Dwight’s thinking in the following DRAFT report. Today’s Herald-Sun has this to say:
Bassett also passed around economic development strategy statements crafted by officials in Austin, Tex., Clemson, S.C., Toronto and a town in Australia that represent different approaches to planning. The resulting exchange of ideas demonstrated that Bassett’s collaboration with town officials will need some time to gel.
While he and the committee agreed that several areas of the town could be better developed to maximize business and slow “leakage” of retail traffic to other municipalities, Kleinschmidt’s face crinkled into an involuntary scowl when Bassett introduced the concept of a “lifestyle center” such as a mall or big box outlet that could single-handedly draw business to an area.
The committee also discussed potential targets for a retail makeover, including University Mall, Eastgate Shopping Center, downtown’s West End and the interchange of I-40 and Martin Luther King Jr. Boulevard.
Kleinschmidt agreed that leakage must be stopped, but added, “KFCs and Wachovias … that can’t be it. That can’t be right.”
The committee agreed, however, on the basic point that a market analysis is needed to determine the best course for developing Chapel Hill’s economy.
Hey, is that the same market analysis I called on 4 years ago? Hey, at least the Council is starting to get around to it.
The report is available here in its original format [WORD] and below the fold slightly reformatted for the ‘net.
Continue reading Not Just Real-Estate: Chapel Hill’s Draft Economic Development Report






