PEAC Powhatan Economic Advisory Council Strategic Economic Development Plan February 10, 2010 Adopted by the Powhatan County Economic Development Authority March 2010 1 Table of Contents Page 3 Introduction Assets 4 Powhatan Vision 6 Goals 8 Objectives 9 Strategies and Policies 12 Initial Steps 18 Appendix A – Powhatan Economic Advisory Council Appendix B – VEDP Summary Report Appendix C – Comprehensive Plan Comments Appendix D – Marketing Plan 2 I. Introduction Powhatan County, through its economic development program, has embarked on a process to develop a strategic plan for the economic growth of the County. As the old saying goes “If you don’t know where you are going, any road will get you there.” The County wished to establish a vision of a prosperous future and a road map to achieve that vision. This planning process has spanned over the last year starting in the spring of 2009 with the expected completion in March of 2010. A Powhatan Economic Advisory Council (PEAC), representing key stakeholders in the County, was formed to guide the development of the strategic plan (see attachment “A” for the members of the group). This group met at least monthly to develop the strategic plan. The strategic planning process included a review of the factors of successful communities, the components of successful economic development programs, identification of the County’s economic development assets and challenges facing the County. The PEAC group took a field trip to visit the economic development programs of New Kent County and James City County. This trip demonstrated several successful economic development efforts in these counties that are similarly situated to Powhatan County. The strategic planning process also included an assessment of the County’s economic development and tourism efforts by key leadership from the Virginia Economic Development Partnership and the Virginia Tourism Corporation (see appendix “B” for the VEDP summary report). The PEAC group identified an economic vision for the County, goals, objectives and strategies that would help the County achieve that vision. Because of the close linkage between the comprehensive Plan and the Strategic Economic Development Plan, the PEAC group reviewed the draft Comprehensive Plan and submitted a series of comments to the Planning Director and Planning Commission for their consideration prior to adoption of the Comprehensive Plan (see report in Appendix “C”). In addition to the strategic Economic Development Plan, the PEAC has developed a Marketing Plan that the Economic Development Office and Economic Development Authority can use as a tool to implement the Strategic Plan. 3 The Strategic Plan should not be viewed as a static document but should be viewed as a continuous process of reflection, refinement, improvement and opportunity identification. Once you have identified the desired end result often opportunities will present themselves that will help the County achieve its goals. 4 II. Assets The strategic plan is built upon a foundation of the community assets that can be leveraged to achieve community goals. The positive attributes of a community can be a springboard for other positives in the community – “success breeds success”. Here is a partial listing of assets that Powhatan County can use to build a stronger economic base. A. Regional Location The location on the fringe of the Richmond metropolitan area is a key economic advantage. Businesses that wish to expand or locate in Powhatan have easy access to all of the amenities of the greater Richmond area/market which include: Large and diverse labor pool Multiple higher education and training resources Large variety of business professional support services Wide array of financial institutions Easy access to national markets A significant regional/local market A variety of cultural and recreational activities A broad selection of residential options A variety of transportation options Easy access to State government Easy access to State headquarters for major corporations Easy access to major retail and wholesale sales operations B. Labor Market Over 1,000,000 people and 500,000 workers in the labor market area for Powhatan County. 5 C. Higher Education At least 19 campuses of higher education that serve the County. D. Retail Sales Major regional shopping centers within 15 minutes of the County. E. Major economic development engine Richmond 4th best place to find a job. Richmond 6th best place to start over. Virginia the #1 pro-business state – Pollina Real Estate Corporation Virginia 4th best pro-business state – forbes.com F. Transportation Within 10 miles of interstates, I-64 and I-295 Served by International and General Aviation airports, RIC and Chesterfield. Served by Richmond and Virginia ports. Rail service provided by Norfolk Southern. Rt 288 and Rt 60 provide easy and direct access to I-64, I-85, I-95, and I-295. G. An upscale small town/rural lifestyle H. Product 1. Tourism – The County offers a variety of activities/venues that either attract visitors to the County or hold the potential to attract additional visitors. The County offers a variety of eating and shopping opportunities to complement a visitors’ experience in the County. 2. Available Business Properties – While not known for its abundant available business properties, the County has a selection of undeveloped parcels of land and some vacant buildings that can support expanded business ventures. 6 I. Infrastructure Over the last several years, Powhatan County has made sizeable investments to upgrade the level of public facilities serving the citizens. Through these strategic investments, the County has been able to provide a high level of quality services to the citizens and provide the basic infrastructure for business expansion in the County. While additional infrastructure facilities may need to be expanded or relocated, the County is well positioned with a very favorable bond rating and staff capacity to make these needed and required future investments. Strategic public investments fuel added private investment which in turn expands the tax base creating a positive upward economic spiral. Some of the areas where significant infrastructure investments have been made include: a) Water and sewer system expansion and improvement b) Parks/Recreation facilities (Fighting Creek Park) and programs c) Modern school facilities and programs d) State-of-the-art public library e) Comprehensive YMCA facility and programs f) Uncongested and integrated transportation system including highway and rail J. Low cost of doing business The County prides itself on providing high levels of County services with very modest taxes as compared to other metropolitan localities. As an example, the county does not impose a “gross receipts” tax on businesses and Powhatan County’s real estate tax is considerably lower than most of the local governments in the Richmond metropolitan area. Even with the lower tax structure of the County, it provides a high level of public services to the residents and businesses. 7 K. Housing The rural character of the County has allowed for the development of a significant range of quality housing options from large homes on 5 acres of land to a more intimate community setting around a golf course. The County has been attractive to families looking for a small community atmosphere with easy access to quality services and amenities. L. Active Development Organizations The County is served by a full-time economic development office and Chamber of Commerce. These full-time organizations are supplemented by an active Economic Development Authority and Tourism Council. The County is fortunate to have a variety of other volunteer organizations that support the economic growth of the County. 8 III. Powhatan Vision The following vision statement is provided to describe the desired economic development in the County over the next 25 years. The vision statement is a written narrative describing those economic characteristics that the County should strive to achieve. While not a complete graphic illustration of the County’s future, it is illustrative of the economic activity that is desired and fostered. Vision Statement Powhatan County is a bustling community on the edge of the Richmond Metropolitan area supporting a variety of businesses that have taken advantage of its rural heritage, the proximity to regional markets and prosperous local population. The State Park, Wildlife Management Area and James River access support thriving outdoors and eco-tourism businesses throughout the County. The St. Francis/Belmead property has been converted into an internationally recognized eco-friendly conference and resort facility and the Powhatan Pavilion has been developed into a summer performing arts complex rivaling Tanglewood in western Massachusetts. The abundant horse farms and stables have joined together to sponsor regionally acclaimed horse events throughout the year. These events attract riders from all over the eastern United States. A variety of niche agricultural operations have flourished supporting local and regional artisans that market their wares in the Courthouse Area and at the regional farmers market. The farmers market is renowned for its unique, locally grown, agricultural items that attract buyers from around the region. The Courthouse area has become the location of choice for dozens of artists, craftsmen and artisans. The boutique shops display their wares and the products produced locally. Local wines are served in fine restaurants as visitors meander through the historic exhibits and museum. Numerous events are held here annually to celebrate the rich history of Huguenots and other early settlers to the County. The 711/288 interchange area has developed into an award winning regional commercial center serving the Richmond Metropolitan Area. This densely developed area has blended the principles of new urbanism, transportation-oriented development, mixed-use development and sustainable development into a bustling island hub of activity. The Route 60 corridor has three areas of concentrated commercial and mixed-use development from the County line to the Courthouse area. These nodes of development support a variety of mixed-use and stand-alone commercial and light industrial uses serving local, regional, national and international markets. Extensive landscaping and classic architectural design are hallmarks of the development along the corridor allowing seemingly incompatible uses to flourish next to each other. The development of advanced high-speed telecommunications along the corridor has spurred the location and incubation of a variety of technology businesses. The County’s support of 9 commercial space specially designed for these types of businesses has created thriving and growing technology and knowledge-based business sectors. The railhead at Moseley and the associated County developed rail served business park has led to a clustering of businesses that ship bulk products throughout the Richmond region. While the rail-dependent businesses have flourished in this rural setting, the rural character of the area has been maintained through strict adherence to land use regulation and limitations on the extension of utility service. The development of the County has been guided by enlightened public officials, Board of Supervisors, Planning Commission, Economic Development Authority and County staff, based upon a commonly-held vision of the future. The Board of Supervisors has made strategic investments to achieve the vision and has provided the regulatory environment to ensure that development moves forward according to the high standards of quality expected by the citizens. Desired economic development has been achieved through an aggressive economic development program that nurtures and fosters compatible business ventures. 10 IV. Goals The following set of goals have been developed to provide a way to achieve the vision of the County outlined in the previous section. These goals are the desired outcomes/results needed to fulfill the vision and establishes the direction for the economic development efforts for the County. 1. 2. 3. 4. 5. 6. 7. 8. Provide diverse and stable economy that supports a labor-to-jobs ratio of 2:1. Expand the existing tourism businesses/agri-businesses and recruit new businesses building on the tourism and agricultural assets of the County. Transform the Courthouse area into a destination village with upscale boutique shops, niche retail, fine restaurants and B&B’s/Inns. Create an award-winning regional “Gateway Corridor” commerce center at the Rt 711 and 288 Interchange. Create a nationally-recognized, destination, eco-friendly conference/resort center complex at the St. Francis/Belmead site. Develop a rail-served, light industrial complex in the Moseley community. Develop concentrated, high-quality commercial and mixed-use development in specified areas along Rt 60. Create a set of governmental services and policies that support business growth, investment, job creation and expand the commercial tax base by at least 1% per year. 11 V. Objectives Each goal has a specific set of objectives that, if completed, will result in achieving the overall goal. 1. Goal – Provide diverse, modern and stable economy that supports a labor force-to-jobs ratio of 2:1. Objectives: 1.1. Attract environmentally-friendly/low impact businesses to the County 1.2. Retain and expand existing businesses 1.3. Create a support system for entrepreneurship and small business development 1.4. Prepare the workforce with the skills and abilities required for existing businesses, projected businesses and target industries 1.5. Create a public/private business park with a technology spec building 1.6. Develop an advanced telecommunications network able to support sophisticated, technology-based business sectors 2. Goal – Expand the existing tourism businesses/agri-businesses and recruit new businesses building on the tourism and agricultural assets of the County. Objectives: 2.1. Strengthen travel promotion activities 2.2. Recruit lodging facilities – Hotel and Inns 2.3. Develop a “Pavilion on the James” 2.4. Expand/improve river access 2.5. Expand the number and variety of agri-businesses in the County 2.6. Recruit/attract river-related business, i.e. Canoe livery, raft company 3. Goal – Transform the Courthouse area into a destination village with upscale boutique shops, niche retail, fine restaurants and B&B’s/Inns. Objectives: 3.1. Create a low-density “New Urbanism” style of development at the Courthouse Village with a variety of specialty retail shops 3.2. Provide a variety of venues for the Arts and Artisans at the Courthouse 3.3. Ensure that the historic character of the Courthouse area is preserved and enhanced 3.4. Consolidate and integrate the public use facilities to create more efficiencies, generate more customer traffic, and free up potential development sites 4. Goal – Create an award-winning regional “Gateway Corridor” commerce center at the Rt 711 and 288 Interchange. Objectives: 4.1. Develop a conceptual development plan to illustrate the commercial potential of the Interchange 12 4.2. 4.3. Provide utility infrastructure to support intensive commercial development Recruit a nationally recognized development team to design and build a state-of-the-art commercial project 5. Goal – Create a nationally recognized destination, eco-friendly conference/resort center complex at the St. Francis/Belmead site. Objectives: 5.1. Conduct a national/international design competition to receive development concepts for the St. Francis/Belmead complex 5.2. Partner with the selected development team to construct the conference/resort complex 6. Goal – Develop a rail-served, light industrial complex in the Moseley community. Objectives: 6.1. Determine the market feasibility of a rail-served industrial site 6.2. Gain site control of select properties 6.3. Plan for the necessary utility extension/provisions to the property 6.4. Conduct a special marketing program to regional, rail-dependent Industries 7. Goal – Develop concentrated high-quality commercial and mixed-use development in specified areas along Rt 60. Objectives: 7.1. Ensure that there are identified sites for a diverse set of potential future commercial and light industrial uses along the corridor 7.2. Identify future areas for concentrated business and mixed-use development in the Comprehensive Plan 7.3. Designate specific economic development zones for commercial and industrial development – technology zone, community development authority, development district, etc. 7.4. Ensure the timely extension of infrastructure to serve the designated development areas 7.5. Prepare conceptual development plans for select parcels along the corridor to illustrate the types of development desired 8. Goal – Create a set of governmental services and policies that support business growth, investment, job creation and expands the commercial tax base by at least 1% per year. Objectives: 8.1. Insure timely project/permit approvals to meet project deadlines for business development 8.2. Maintain quality development standards without being overly burdensome to business development/expansion 8.3. Provide competitive business incentives for target business sectors 13 8.4. 8.5. 8.6. Maintain a favorable and competitive business tax structure Create and implement an infrastructure plan that supports the development of new and expanded business properties in designated development areas Support and maintain a proactive and aggressive business development program 14 VI. Strategies and Policies A. Business Development 1. Goal – Provide diverse, modern and stable economy that supports a labor force-to-jobs ratio of 2:1. 1.1. Attract environmentally friendly/low impact businesses to the County Strategies and Policies 1.1.1. Target business sectors: The County should establish an aggressive marketing campaign targeted at the following target industries: Information technology-based companies Cyber Security Niche agri-business Creative and knowledge-based services Engineering and architecture Advertising and public relations Technical consulting Finance Richmond regional rail-dependent businesses 1.1.2. Incentive Policy: The County should establish a formal incentive policy directed at the target business sectors. 1.1.3. Technology Zone: The County should establish a technology zone along sections of the Route 60 corridor to entice technology and knowledge-based businesses to locate. 1.2. Retain and expand existing businesses Strategies and Policies 1.2.1. “Powhatan Business First” program – Continue and strengthen the current structure of the existing industry call program. 1.3 Create a support system for entrepreneurship and small business development Strategies and Policies 1.3.1. Business incubator – conduct a feasibility study 1.3.2. Strengthen small and emerging business services 1.3.3. Create a Technology Council as a function of the Chamber of Commerce 1.4. Prepare the workforce with the skills and abilities required for existing businesses, projected businesses and target industries Strategies and Policies 1.4.1. Conduct a workforce/labor study for the County 1.4.2. Create workforce development center – combined adult education and career and technical education facility 15 1.5 Create a public/private business park with a technology spec Building Strategies and Policies 1.5.1. Partner with a developer to construct a campus style office park with an office space designed specifically for technology based companies 1.6 Develop an advanced telecommunications network able to support sophisticated, technology-based business sectors Strategies and Policies 1.6.1. Prepare an advanced telecommunications plan for the County 1.6.2 Construct an open-access fiber network serving the business corridor of the County 2. Goal – Expand the existing tourism businesses/agri-businesses and recruit new businesses building on the tourism and agricultural assets of the County. 2.1. Strengthen travel promotion activities Strategies and Policies 2.1.1. Target sectors – The County should establish an aggressive marketing campaign targeted at the following target tourism markets: Eco-tourism industry Outdoor recreation Horse industry History o More sites open to the public Increase the number of special events 2.1.2. Cooperative Marketing – Cooperate with local and regional tourism agencies to market theme tourism experiences such as Virginia’s Retreat, Civil War Trails, etc. 2.1.3. Package tourism development – attraction/eating/shopping/lodging – Combine tourism experiences with places to eat, stay and shop and market the combined experience as a package; lovers’ getaway package or trail rides weekend, etc. 2.2 Recruit lodging facilities – Hotel and Inns Strategies and Policies 2.2.1. Hotel and Inn feasibility study – Conduct a feasibility study for an inn or hotel for the Courthouse area 2.2.2. Market to hotel/inn developer – Use the hotel/inn feasibility study to recruit a hotelier to the Courthouse area. 2.3 Develop a “Pavilion on the James” – Identify potential sites for a summer entertainment venue like Tanglewood in the Berkshires of western Massachusetts 16 2.4 Expand/improve river access Strategies and Policies 2.4.1 James River Water Trail – Identify suitable locations along the James River for a water trail that can be paddled by either canoe or kayak. Include those locations in the brochure with interpretive text for paddlers from out of the area. Market the James River Water Trail to various paddling organizations. 2.5 Expand the number and variety of agri-businesses in the County Strategies and Policies 2.5.1. Niche or specialty agriculture – Encourage expansion of specialty agriculture in the following areas: Farmers market – Establishment of a local farmers retail outlet in the Courthouse area. Another option is the work with a local farmer along Rt 60 to establish a comprehensive year-round farmers market experience. Livestock market – Conduct a feasibility study for establishment of a specialized livestock market. Promote the diversification of existing farm practices into specialty products: o Specialty horse hay – Timothy o Meat goats o Barley for O’Sage 3. Goal – Transform the Courthouse area into a destination village with upscale boutique shops, niche retail, fine restaurants and B&B’s/Inns 3.1. Create a low-density “New Urbanism” style of development at the Courthouse Village with a variety of specialty retail shops. Strategies and Policies 3.1.1. Encourage medium density residential development in the Courthouse area 3.1.2. Develop/re-develop under-utilized parcels into specialty retail and artist/artisan shops 3.1.3. Recruit an Inn or B&B to the Courthouse area 3.1.4. EDA/County gain site control of key development parcels 3.1.5. Farmers Market – fixed location in the Courthouse area 3.1.6. Clearly define the “Courthouse Village” by establishing a traffic circle at the intersection of Rt 13 and Mann Road 3.1.7. Develop a comprehensive pedestrian-friendly streetscape along the Rt 13 corridor in the Courthouse including flags, banners, signage, plantings, flowers, lighting, street furniture, etc. 3.1.8. Provide comprehensive trail/sidewalk network connecting all of the venues in the Courthouse area, including Fighting Creek Park, County Administration Building, other public venues with the surrounding existing and future residential areas 17 3.1.9. Provide a new graphic image for the “Courthouse Village” with the appropriate signage along Rt 60 and throughout the Courthouse area 3.2 Provide a variety of venues for the Arts and Artisans at the Courthouse. Strategies and Policies 3.2.1. Convert the “Village Building” into a graphic and performing arts facility 3.2.2. Create an outdoor events facility on the School Board Property 3.3 Ensure that the historic character of the Courthouse area is preserved and enhanced. Strategies and Policies 3.3.1. Enact an “historic overlay district” with architectural review board 3.3.2. Provide a modest matching grant program for building renovations 3.4 Consolidate and integrate the public use facilities to create more efficiencies, generate more customer traffic and free up potential development sites. Strategies and Policies 3.4.1. Expand the County Administration facility in a new building at its current location 3.4.2. Combine the emergency services, fire and rescue, to a central location north of the Courthouse area on Rt 13 – relocate the school bus maintenance facility to a new location 3.4.3. Expand/relocate the County Museum 3.4.4. Create a visitor’s center in the Courthouse area 3.4.5. Consolidate the existing ball fields in a central location, Fighting Creek Park 3.4.6. Extend the road from Fighting Creek Park to connect to Rt 13 at Yates Lane 3.4.7. Connect all public facilities with a network of sidewalks and trails 4. Goal – Create an award-winning regional “Gateway Corridor” commerce center at the Rt 711 and 288 Interchange 4.1. Develop a conceptual development plan to illustrate the commercial potential of the Interchange 4.2. Provide utility infrastructure to support intensive commercial development 4.3. Recruit a nationally-recognized development team to design and build a state-of-the-art commercial project 18 5. Goal – Create a nationally-recognized destination, eco-friendly conference/resort center complex at the St. Francis/Belmead site. 5.1. Conduct a national/international design competition to receive development concepts for the St. Francis/Belmead complex 5.2. Partner with the selected development team to construct the conference/resort complex 6. Goal – Develop a rail-served, light industrial complex in the Moseley community. 6.1. Determine the market feasibility of a rail-served, industrial site 6.2. Gain site control of select properties 6.3. Plan for the necessary utility extension/provisions to the property 6.4. Conduct a special marketing program to regional rail-dependent industries 7. Goal – Develop concentrated high-quality commercial and mixed-use development in specified areas along Rt 60. 7.1. Ensure that there are identified sites for a diverse set of potential future commercial and light industrial uses along the corridor 7.2. Identify future areas for concentrated business and mixed-use development in the Comprehensive Plan 7.3. Designate specific economic development zones for commercial and industrial development – technology zone, community development authority, development district, etc. 7.4. Ensure the timely extension of infrastructure to serve the designated development areas 7.5. Work with property owners in select areas along the corridor to assemble and market a combined large track of land suitable for an upscale mixed-use development 7.6. Prepare conceptual development plans for select parcels along the corridor to illustrate the types of development desired 8. Goal – Create a set of governmental services and policies that support business growth, investment, job creation and expands the commercial tax base by at least 1% per year. 8.1. Ensure timely project/permit approvals to meet project deadlines for business development Strategy/Policy 8.1.1. Review existing regulatory and permit procedures 8.2. Maintain quality development standards without being overly burdensome to business development/expansion 8.3. Provide competitive business incentives for target business sectors Strategy/Policy 8.3.1. Develop and implement a set of guidelines for providing business incentives 19 8.4. Maintain a favorable and competitive business tax structure 8.4.1. No BPOL tax 8.5. Create and implement an infrastructure plan that supports the development of new and expanded business properties in designated development areas Strategy/Policy 8.5.1. Continually monitor and update the capital improvements Plan 8.6. Support and maintain a proactive and aggressive business development program Strategies and Policies 8.6.1. Implement the policies and strategies of the Strategic Economic Development Plan 8.6.2. Adopt and implement an aggressive Marketing Plan 8.6.3. Provide adequate resources to carry out the County’s Economic Development Program 20 VII. Initial Steps – “A journey of a thousand miles begins with a single step.” This Strategic Economic Development Plan outlines a vision that has multiple components and many individual strategies. With limited resources, it is imperative that the County select those activities that will begin the journey off on the right foot. The following are a set of initial steps that, if taken, will move the County towards achieving the vision outlined at the beginning of this document. The County has already taken action to initiate several of the recommended initial steps below. There are two overarching principles that govern the selection of the following actions for those initial steps: Powhatan County’s priorities for business expansion and location should be focused on; 1) providing a facility that can support the needs of target businesses; 2) supplying an adequate number of quality workers; and 3) continuing a modest-cost environment of doing business (initially and over the long-term). “You can’t sell your product if no one knows about it.” Active marketing is essential even in a down economy. Here are the top 10 initial steps recommended to begin the implementation of this Strategic Economic Development Plan: 1. Implement the recommendations of the Marketing Plan. 2. Document the detailed characteristics of the workforce within the labor market area. 3. Prepare a plan for the provision of advanced broadband service along the Route 60 corridor from the County line to the Courthouse and ultimately throughout the County (this study is currently being advanced). 4. Partner with a developer to construct a spec office building with advanced technology capabilities. The building should be in a campus style office/mixed-use development. 5. Prepare a detailed conceptual master plan for the Courthouse area (this plan is currently being advanced). 6. Establish a policy for providing incentives for targeted business sectors including the establishment of a technology zone along Route 60. 7. Conduct a review of the land development regulatory permit processes with recommendations for potential streamlining (this study is currently being advanced). 8. Update the Comprehensive Plan and Zoning Ordinances to reflect the concepts and vision of this Strategic Plan (the update of the Comprehensive Plan is currently underway). 9. Continue the extension of water and sewer service to the unserved commercial areas along Route 60 (currently underway from Judes Ferry to Flat Rock). 10. Work with landowners along the Route 60 corridor to assemble and market a sizable tract of land for a mixed-use development. 21 Appendix A Powhatan Economic Advisory Council – Members 22 Powhatan County Economic Advisory Council Steve Harris, Chairman, Powhatan County Economic Development Authority (EDA) Larry Lyons, Treasurer, Powhatan County EDA Tim Benusa, Powhatan County EDA Archie Goodwyn, Powhatan County EDA Robert Royall, Powhatan County EDA Don Balzer, Powhatan County EDA Yowanda Brown, Powhatan County EDA Robert Cosby, Chairman, Powhatan County Board of Supervisors Joe Walton, Powhatan County Board of Supervisors Billy Melton, Chairman, Powhatan County Planning Commission Tina Bustos, Executive Director, Powhatan Chamber of Commerce Carolyn Cios, Powhatan County Administrator Sherry Swinson, Powhatan County Economic Development Director Brandon Stidham, Powhatan County Planning Director Stephanie Davis, Powhatan County Finance Director Chris Rapp, Powhatan County Utilities Director David Ziletti, Chairman, Powhatan Tourism Committee Maureen Moslow Benway, Co-Chair, Powhatan Tomorrow Pam McCune, Co-Chair, Powhatan Tomorrow Dr. Margaret S. Meara, Division Superintendant, Powhatan County Public Schools Sandy Lynch, Assistant Superintendant for Secondary Instruction and Gifted Education, Powhatan County Public Schools Louis McGinty, Vice President, Community College Workforce Alliance Mary Kay Gates, Executive Director, Powhatan YMCA Dr. Gary Rhodes – President, J. Sargeant Reynolds Community College 23 Appendix B Virginia Economic Development Partnership Summary Report of Visit 24 Powhatan County Virginia Economic Development Partnership Economic Development Assessment April 8, 2008 25 Economic Development Assessment April 8, 2008 Process A team of economic development professionals from the Virginia Economic Development Partnership (VEDP) visited Powhatan County on April 8, 2009 to receive a briefing on the County and to tour select development opportunities and initiatives of the County’s Economic Development Program. The purpose of the visit and tour was to provide the County a perspective and an independent professional assessment of the County’s economic development efforts. This short report provides an overview of the reactions and recommendations of the VEDP Team based upon their short exposure to the County’s economic development program. The representatives of VEDP team included Elizabeth (Liz) Povar, Director of Business Development; Robert (Rob) McClintock, Director of Research; Dr. Jay Langston, Senior Project Support Manager; John Loftus, Sites and Buildings Representative; and Catherine (Sissy) Pack, Community Assistance Specialist. This summary report provides the reflections and suggestions form the VEDP team. Overview The VEDP team was very impressed with the overall quality and professionalism displayed during the VEDP team visit and tour. This high level of professionalism is a reflection of the commitment and the active involvement of the County Administration, Board of Supervisors, Economic Development Authority and engaged citizens. Some of the key themes that came out of the briefings, tour and discussion included: Vision of the Future - The County’s economic development efforts could be enhanced if the character and type of development desired was more clearly defined and illustrated. There is a general consensus that the County wishes to retain its rural character and concentrate future high quality development in select locations along Rt. 60 corridor, at the Courthouse area, south of 288 along 26 Rt. 711 and in select parcels along the railroad. The County’s Strategic Plan Economic Development Plan and the Comprehensive Plan update should provide a clear vision of desired development. Target Industries - The County’s policies and marketing efforts should be tailored to meet the particular needs of a refined list of “target” industries. The County’s economic development efforts are currently targeted to agribusiness, tourism, and small business development. As the County redefines its vision of desired development it should refine and expand these target industries to include, small technology businesses, CyberSecurity businesses, supply chain businesses related to the automotive and wood products industries and a Richmond region rail dependent user. These types of industries appear to be well suited to the available product (sites and buildings), the County’s geographic location and potential labor supply. Regional Perspective - Powhatan County is uniquely positioned to take maximum advantage of the many resources that are available within a short commute. The County’s marketing materials and presentations focus on the activities of the County and the wonderful amenities that exist in the County but business decisions are often made based upon the resources that are available in the region. Businesses in Powhatan are able to draw from a major multi-county labor market area, the business services of the Richmond region, several major training and educational institutions in the region and residents can take advantage of a large variety of shopping and recreational opportunities just a few miles away. The County’s economic development efforts would be enhanced considerably if these regional assets are highlighted in future marketing efforts. 27 Infrastructure Investment - Continued investment in the expansion of water and sewer infrastructure will allow for additional commercial development in the future. The County has made significant investment in infrastructure development (water, sewer and schools) over the recent years. This investment has resulted in considerable business expansion along the Rt. 60 corridor and has allowed for the more commercial land to come on to the market. As a result, the tax revenues generated by businesses continue to increase and new businesses are continuing to look to locate in the County. The County needs to document the existing broadband infrastructure and pursue the expansion of the broadband network and services within the County. Affordable robust broadband telecommunications infrastructure is a necessity to support technology-based small businesses. Business Environment – A review of existing policies, programs and regulations that support or encourage the desired business development should be a component of the County’s business development strategy. The lack of a “gross receipts” tax is a major incentive to many businesses, particularly small technical and professional businesses. This business friendly policy should be matched with other public policies and incentives that encourage the types of business development desired. Marketing – Based upon the Powhatan County’s vision of the future, desired target industries/businesses, and regional context, the County should build upon and refine the professional economic development program in place with an aggressive marketing campaign. 28 Vision and Future Development The County wishes to retain a rural character for most of the county with the exception of select growth areas. The County is still trying to determine or define what “rural character” is. Growth is desired in select nodes along the Rt. 60 corridor, at the Courthouse complex and on the south of Rt. 288. The County wishes to ensure a high quality development standard for all intensely developed parcels. The County is interested in exploring rail dependent development on select parcels adjacent to the NS rail line. It is recommended that the County establish a dialogue with Kevin Page of VDRPT as another resource to support development of the rail site. The presentations supported the above vision for the County, but it would be helpful to have a clear statement or policy to articulate this vision. The Comprehensive Plan update process is envisioned to provide this clarity. Visual 3-dimensional representations of future development in the target areas would be helpful to illustrate the type, character and quality of development desired. Such visualization would help to convey the desires of the community to any prospective business. A high-level presentation that reflects the “message” of the community and can be used by multiple leaders and stakeholders is important in building consensus and focusing efforts. Utilities The County has undertaken a significant investment in utility infrastructure. This investment has already paid major dividends in business expansion and increased tax base. It would be helpful to have a succinct map and description of the location of both private and public water and sewer infrastructure. This description should include the future plans for the expansion and upgrade of this infrastructure with timelines. 29 A robust broadband network is a necessity to support modern technology based companies. Very few details were available on the existing telecommunications network, providers and services. An inventory of the existing broadband system would be important information to technology based companies. Consideration and plans should be developed to provide these services to the future development nodes. VEDP may be able to provide technical assistance in working with the broadband partners to identify the infrastructure. It is recommended that contact be made with Tad Deriso of Mid-Atlantic Broadband for a discussion of best-practices in this infrastructure area. Quality of Life It is evident that the County has been able to attract a higher income and affluent residential population base. The County has been able to provide high quality support services and facilities that are available to all of the citizens: schools, parks, library, fire and rescue. Likewise the private sector has developed services and facilities that are high quality as well; golf courses, restaurants, health and wellness, day care, etc. The high income and well educated population would like access to a greater selection of up-scale amenities in the County but these amenities have been or are being developed within a short commute in adjacent localities. When discussing and illustrating the county’s assets it is good to refer to the proximity of the commercial offerings in the adjacent localities. These amenities are an asset that’s necessary for attraction/growth of Information Technology business sector. Powhatan County’s investment in these quality of life assets is a strength, and presenting these assets visually in marketing materials is important. Fiscal Condition The County has a very well managed government with a very low tax rate and very good bond rating. The VEDP team was impressed with the extent of civic involvement from the citizens. 30 The lack of a BPOL (Gross Receipts) Tax is a very big incentive to business, particularly business and professional services sector, and should be prominent in all promotional material. Business Environment With the County’s desire for high quality development, it is important to be able to illustrate that the County’s regulatory processes are conducive to business development. There appears to be some process in place to expedite permit reviews and processing. All efforts should be made to continually evaluate the details of the regulations and processing procedures to insure that they provide the quality desired but are not overly restrictive and cumbersome in their administration. Three principles should govern; 1) let me know upfront what the rules are; 2) apply the rules uniformly; and 3) time is money. It may be useful to survey existing business and confirm that the County’s regulatory processes are not cumbersome. This can be a real strength in business development, but validation by existing clients is important. It appears that the zoning classifications and district delineations are not consistent with the type of business development desired or likely to occur over time. With the revisions to the Comprehensive Plan and the development of the Strategic Economic Development Plan the County should immediately revise the Zoning Ordinance to conform to this new vision of development. Product Availability The County’s diversity of product was a surprise and an asset. It is recommended that the County present and position these real estate assets collectively, as that may be the best way to introduce the options in a short but effective message. The County is fortunate to have a couple of privately owned commercial parks with a variety of businesses. The Oakbridge Industrial Park, in particular, has some high-quality tenants and plenty of available space for business expansion. This park had some existing building space that could be a significant asset in marketing efforts. 31 From the material presented on the tour, it was hard to tell what properties had available space and were served by what type of utilities. It would have been helpful to have a series of site specification sheets on each business and industrial property. The County has taken an option on rail-served property, but no materials were available which would provide a good description of the property. Given the size and location of the property the team thought that a Richmond regional raildependent user may be more suited to the site than a multi-state business supplier. Again, some good site specification materials would be beneficial in understanding the potential of the site. Workforce and Education The County can position itself within both the Richmond region (for technicallyskilled labor) and the central region (for more traditional blue-collar labor). It is worthwhile to spend time and money in developing the statistics and the relevant data to support the diversity in this workforce. The County has a high quality school system equivalent to or exceeding adjacent localities in standardized performance measures, but there was not discussion of how the education resources are tailored to meet the needs of business. Workforce and labor continues to be one of the highest priority business location factors even given these recessionary times. There was scant information provided on this very important topic. The County has a number of higher education resources available within the region, but these resources were not presented in any way as being supportive of or offering programs that meet the needs of existing or desired businesses. The County should explore stronger partnerships with educational institutions that can address the workforce training needs of the County. The EDA may wish to visit some localities that have taken proactive steps to provide programs and facilities addressing workforce development. The County may wish to establish a functional arrangement with a single higher education partner around a single business-oriented initiative to gain momentum and demonstrate an early success. There appear to be some unique assets in the local workforce that could be beneficial to clients, i.e. foreign languages that are spoken. If this is the situation then these assets should be documented and presented in marketing materials. Target Industries Agribusiness, tourism and small business were identified as being the current targeted industries for the County. Based upon the location of the County, the population demographics, and available products it was suggested that the County may wish to establish small technology companies and CyberSecurity companies as a potential target industry (assuming the broadband infrastructure can be documented). 32 The target industry suggestions above relate to the near-term “product” (i.e. real estate offerings) which is available. If new and larger properties can be made available, the target industries could evolve to accommodate businesses requiring larger footprints. Given the number of automotive-related and support industries, there may be an opportunity to develop an automotive industry “supply chain” cluster. The same is true in the wood products industry. Survey the County and identify local residents who could be entrepreneurs, or mentor entrepreneurs, or create a local venture capital fund to support small and emerging local business development. Current ED Program and Partners The County is to be commended for a very professional and talented professional staff and EDA. The VEDP Team was very impressed with the “can do” spirit personified by the County Management Team. The County is also to be commended for the foresight to engage in a process of strategic planning to establish a renewed vision and direction for business development in the County. The County appears to have an engaged team to promote business development, a committed, County administration and Board of Supervisors, Chamber of Commerce, Tourism Committee, engaged businesses, and active citizens. This diversity is a strength that sets the county apart from many of its peers. The marketing materials and website, while very attractive, do not convey many of the major business assets of the County that were presented during the tour. Those assets that support the vision of the County and are important for business decisions should be prominent in all promotional and informational materials. Powhatan County’s access to a regional workforce, geographic location in the region, ease of highway access and convenient access to business and 33 professional services make a compelling business attraction story and should be prominent in marketing materials. It is very important that the County establish a clear vision of the desired business development and then present all of the attributes of the County that support that vision. The Comp plan and ED Plan under development should be very clear in graphically depicting the design standards, and land-use concepts it decides upon by showing examples of recommended architectural standards and land planning it wishes to achieve (density, setbacks, clustering, materials, energy efficiency, water retention, etc.) The County will need to put into place those public policies that will be supportive of the type of business development desired. The County does not appear to have any established policies for providing business incentives. Once the target industries have been identified the County should establish a set of incentive policies that address the key location decision factors of those industries. As mentioned earlier there is very little information on available product (sites and buildings) and workforce. These are two of the most important business location considerations; do you have a suitable location for my business and can the region provide the labor I need? The County should clearly document the available resources in these areas. Once the County has established the revised target industries it wishes to pursue, then the marketing strategies and materials will need to be developed to address the specific location factors of those industries. 34 Presentations The briefings were well done by the County staff. The team came away form the briefings and tour with a very deep understanding of the character of the County and what makes it unique - mission accomplished! The content of the briefings tended to be on the business of the County. In future presentations of that nature, there should be more attention paid to specifics of business location factors. It’s difficult to do, but putting these briefings into a real “value proposition statement” for clients is important. Meaning, what do the services and assets of the County mean to the business client’s bottom line? The presentations could pick a few business types, and run a pro forma which shows quantitatively what a business would pay in Powhatan vs. an assortment of competitor locations. This analysis itself should reveal strengths and perhaps weaknesses that may require local policy responses. Tour Logistics The venues for the tour were outstanding! The food and beverages were wonderful. The information was well organized and well presented. The timing of the individual elements of the tour was about right. The stop to visit the Rapid industry was an important element of the tour to be able to actually interact with a local entrepreneur. It would have been helpful to have a map with the various highlights along the tour to orient people. In the future for showcasing the County, it would have been a bit more comfortable and conducive to explanation if the van had been one of the VIPtype, twelve passenger vans. The Powhatan Team was a very good host, including refreshments in the van and pit stops on the way, often overlooked, but very important when hosting a group. Summary Powhatan County has one of the most important key elements in place for success - a dedicated team of leaders and an engaged citizenry. The important factor now is to use this window of opportunity to affix proactive policies and standards before rapid economy expansion gets rolling again. Soon the County staff will be swamped with the pressures of development without an up-to-date guidepost for decision-making. Powhatan County has enormous upside potential if it can handle the planning and policy work before the regional development pressures take hold. 35 Appendix C Comprehensive Plan Comments 36 Powhatan County Draft Comprehensive Plan Economic Development Review By Powhatan Economic Advisory Council Introduction The comments and observations presented in this short review of the draft Comprehensive Plan are based on the presentations by the Planning Director at the August 21st meeting and revisions presented at the September 22nd meeting of the PEAC and reflect the perspective of maximizing the economic development potential of the County. It is assumed that the County wishes to maximize the economic and revenue generation potential of future land development activities. An economic development perspective, observations and comments represent only one perspective that the Planning Commission and Board of Supervisors should consider when planning for the future of the County. It is understood that this economic development perspective should be considered in light of other public goals and objectives. The Comprehensive Plan document should have a time horizon of 20 to 25 years and establish a vision of phased development of the County over that timeframe. While it is hard to predict the exact nature of development in 20 to 25 years, the policies that are put in place now will have a major impact on shaping the longrange future of the County. Land development that appears totally unrealistic today may be realistic in 10 to 15 years as a result of change in market and environmental conditions. It is important to establish what is desired in order to be able to take advantage of opportunities as they present themselves in the future. As one famous land planner once said “make no little plans”. Economic Development Chapter This chapter begins with an introduction that is not very positive towards economic development. The general philosophy expressed is; “let’s wait for development to approach the county and then evaluate the impact of the development on services that may be generated by the development and extract fees to offset the cost of that impact”. This general approach discourages future economic development in the County that may generate tax revenues and sends the wrong message to the business community. The tenor of this chapter should start with a commitment of the County to help facilitate the desired development outlined in the rest of the document. The County has taken some bold steps to install the infrastructure in support development realizing that these investments will yield a significant return on investment with increased tax base from commercial development. This same philosophy should be reflected throughout the chapter. The tenor of the chapter should start with a commitment of the 37 County to be proactive in encouraging high-quality development that increases the tax base and achieves its goals and objectives. Strategic investment is often required if the County is to determine its own future. The comprehensive plan should reflect a more proactive approach towards economic development and embrace the concept of strategic investment to achieve its goals. The plan does not quantify how much land will be necessary over the planning horizon for the various types of development, residential, commercial, industrial, etc that would be needed to accommodate the projected population growth and related commercial development. Without some order of magnitude, it is hard to tell if there is too much or too little land allocated for intensive development. The plan does not include projections that were made in the phase I of the planning process. These projections would be of help in understanding the magnitude and character of future population and economic growth. The PEAC/EDA should request that extra time be allowed for the group to suggest modified goals and objectives based upon a strategic economic development vision of the County. Given the importance of tourism and agri-business development to the future of the County, it is suggested that the plan have a separate section within the economic development chapter that addresses these topics. Development Concepts Proposed - Village Center/Town Center and Commerce Center The proposed Village Center and Town Center concepts embrace the concepts of mixed-use/mixed-income development. While these proposed development concepts are worthy public policies that should be reflected in the Plan, there are certain types of development that are not conducive to a mixed-use development concept. Auto-dependent commercial development and economic activity that has outdoor storage, high noise levels or high volume truck traffic, are not always compatible adjacent to residential or mixed-use developments. It would be useful to the reader and future business prospects if the Plan had illustrative notes or text that more clearly discussed how these types of commercial activity would be accommodated. It is noted that the Future Land Use Plan, while listing the Town Center in the Legend, does not list this type of development on the map. The parcel sizes along Rt 60 vary from a couple of acres to a couple hundred acres. It is uncertain that the Commercial Center-type of development as envisioned will work on the smaller parcels of land. The plan could recommend that the County help assemble parcels into workable development sizes. Another alternative option is to prepare a detailed design of desired development in targeted areas to illustrate the type of development that is desired and possible through joint efforts of land owners. 38 The Village Center designation along Rt 60 does not appear to follow property lines in several locations, thus cutting parcels into two different use classifications. It would be more beneficial to the property owners of the Village Center designations were consistent with the property lines. Care must be exercised in the implementation of the mixed-use concepts of development in order to avoid simply allowing commercial strip development along the road frontage with multi-family development in the back of the parcels or designating one office space in a primarily multi-family development. These detailed items could be more appropriately addressed in the zoning ordinance revisions, but the descriptions of the Village Center areas could be more illustrative to portray the types of development desired or envisioned. Moseley Area The proposed Village Center development for the Moseley area is not consistent with potential future development along a railroad. If the County wishes to take advantage of the potential of rail-dependent development, the Village Center concept does not suit that type of development. Rail-dependent development would likely be industrial/wholesale uses given the lack of any rail passenger service in the Richmond region. Medium density residential and mixed-use development is not consistent with rail-dependent industrial/warehouse uses. The railroad lines would most likely be used for freight serving the greater Richmond region. The area around the industrial/warehouse use could be left rural or low density. 711/288 interchange The interchange at Route 711 and Route 288 has the highest potential for intensive commercial/mixed-use development in the County. The close proximity to Short Pump in Henrico County, West Creek in Goochland County, The Watkins Center and other commercial development in Chesterfield County, makes this a prime location for intensive mixed-use economic development activity. This location is the single best location for future commercial development to serve a regional market. The Commerce Center, or Town Center or other intensive use type of development could easily be envisioned for the areas east and west of the interchange. While the current infrastructure, water and sewer, are not present in this area, it would not be hard to extend utilities from neighboring localities at some time in the future. Belmead/St Francis de Sales The Belmead-St Francis de Sales property with a total of almost 2,300 acres of land under single ownership fronting on the James River with stunning architecture and national historical significance, make this property an excellent candidate for a world-class, upscale resort facility in the future. A wide variety of resort/convention facilities could be developed on the property. While 1,000 acres have been preserved with a conservation easement, the remaining 1,200 plus acres have plenty of potential for future development. The current draft of 39 the comprehensive plan designates this property as conservation. This designation would discourage or prohibit any type of future resort or commercial development whether it be a low-impact, eco-resort/retreat conference-type facility or a more intense resort/vacation residential development. Because of the unique character of the land, architecture and history of the property, it may be appropriate to create a special land use designation for this property which would allow for innovative, high-quality development proposals to be brought forward and explored. Courthouse Area The draft plan designates the Courthouse area as a Village Center. The description of a Village Center is a location that provides a mixed-use environment where the commercial activity serves a local market. The discussion about the future development of the Courthouse area has centered around an area that has niche and specialty shops serving tourists, a regional market, as well as a local population. This discussion may not be consistent with the description of a Village Center. Again, it may be appropriate to have a special designation for this area to distinguish this area from other Village Centers in the County or elaborate on the vision of this historic area in the text of the Comprehensive Plan. 40 Appendix D Marketing Plan 41 PEAC Powhatan Economic Advisory Council Marketing Plan January 13, 2010 42 Table of Contents Page 3 Introduction I. Business Development 4 A. Business Attraction B. Small Business and Entrepreneurship C. Existing Business and Industry II. Tourism/Agri-business A. Tourism B. Agri-business 7 III. Summary of Marketing Strategies 9 43 Powhatan Economic Advisory Council Marketing Plan January 13, 2010 Introduction: Powhatan County is largely unknown outside of the Richmond area. Business leaders from outside central Virginia don’t know where Powhatan is located; much less know what its attributes are. When marketing Powhatan County to an external audience, it should always be framed in the perspective of the larger regional context – “Powhatan County, the western perimeter of the greater Richmond Metropolitan region”. Businesses in Powhatan have easy access to and can enjoy all of the business amenities of the region. The challenge that Powhatan faces is to present the County’s assets and marketable strengths to the target audiences – businesses, industries and influencers, in an attention grabbing way with limited financial resources. Marketing can be extremely expensive, and at times, ineffective. It is important to specifically target marketing efforts in a manner that reaches the target audiences. Surveys of corporate executives by several national groups have tried to determine the most effective methods of influencing business location decision-makers and those that influence decision-makers. These studies tell us that general print advertising, radio and TV ads are among the least effective means of marketing, and yet can be some of the most expensive. The best methods are effective use of the internet, personal interaction with peers, professional advisors and economic development professionals, positive news stories and a pleasant travel experience. The old saying “you can’t see them unless you can get them in the store” holds true for economic development as it does for retailing. There are several audiences that Powhatan needs to reach with its marketing strategies. Each of these audiences may require a different marketing strategy or approach. A visitor to the County requires a totally different marketing strategy than an executive of a Fortune 500 company. Powhatan needs to develop a separate brand for each of the audiences based upon the “value proposition” for the identified target audience. When businesses plan a new location or expansion, there are three primary factors that they care most about: a facility that meets their needs, workers that they can count on, and a low cost of doing business (initially and long-term). The “value proposition” has to address the business considerations that resonate with the target audience. This Marketing Plan is divided into two sections related to the economic development functions of the Strategic Economic Development Plan, Business Development and Tourism/Agri-business Development. A number of the marketing strategies contained in this report are already being conducted by the Economic Development Office, but are included to ensure that they are continued and strengthened. 44 I. BUSINESS DEVELOPMENT For purposes of the Marketing Plan, the business development function of the County’s Economic Development Program is further segmented into three separate activities; 1. The attraction of new business into the County, 2. The growing of new or small businesses in the County and 3. Retention, nurturing and expansion of existing businesses located in the County. A. Business Attraction – The Strategic Economic Development Plan identified several target business sections as the focus of marketing efforts – these are: Information technology-based companies Cyber Security Creative and knowledge-based services o Engineering and architecture o Advertising and public relations o Technical consulting Financial services Regional real-dependent businesses Rail-dependent businesses, because of their specialized requirements, have been identified as an independent target audience with its own distinct marketing strategy. Target Audiences – It is recommended that business recruitment marketing activities be directed at the following target audiences: 1. Out-of-region target businesses, 2. Richmond area target business sectors, and 3. Rail-dependent businesses Marketing Strategies – Out-of-region businesses – With the limited economic development staff and budget, it is recommended that the priority be given to marketing to individuals/influences that come in direct contact with the outof-region business prospects or advise them, principally VEDP Marketing Managers and site location consultants. Included in appendix “B” is a listing of major site location consultants. The internet has become the first and foremost information source of facility planners and site location consultants. An “information rich” and user friendly website is a requirement if the County is to grab the attention of this target audience. Here are the marketing strategies recommended to reach this target audience: 1. Website enhancements – Properties, Workforce, Incentives, Community Profile/print materials 2. Consultant e-newsletter – quarterly 3. Quarterly – take your VEDP Marketing Manager to lunch 4. International Association of Shopping Centers – join and participate in annual meetings 45 Marketing Strategies – Richmond area businesses – With the current product, sites and buildings, available in the County, the expansion or relocation of area businesses to the County may have the greatest potential for business recruitment. The fact that the County does not have a BPOL tax could be a significant cost savings/advantage for professional businesses wishing to expand. The County would be particularly attractive to those businesses with large gross sales and thin profit margins. The marketing strategies recommended to reach this target audience include: 1. Website enhancements – Properties, Workforce, Incentives, Community Profile/Market information 2. Richmond Technology Council – “Rich Tech” – join, participate and host an annual event of members 3. Professional Associations – ULI, Architects, Engineers, etc – join and host an annual event 4. Commercial Real Estate community/brokers o Semi-annual luncheon and golf outing o GRACRE – active participation 5. e-newsletter – at least bi-monthly 6. Quarterly article in TD Monday Business Section 7. Ambassador Program – local businessmen schooled to outreach to their peers in the region – spreading the Powhatan value-added story Marketing Strategies – Rail-dependent Industries o Take your NS and DRPT representative to lunch – semi-annual. The nature of regional rail-dependent businesses demands that they make direct contact with the rail service provider, Norfolk Southern and the Virginia Department of Rail and Public Transportation. The marketing strategies are directed at these 2 target groups that will have direct knowledge of business prospects that require rail service and suitability for the limited sites in Powhatan County. B. Small Business and Entrepreneurship – small and emerging businesses o National statistics indicate that 80% of new job growth comes from small businesses. The task is to find those entrepreneurs that have the ability and business acumen to start or expand a business. Only a very few of those interested in starting a business actually produce a viable business plan. Even those who have operated a small business for years have a difficult time developing successful strategies for growing their business. Since so much of economic growth depends upon the expansion of small businesses, it is vitally important to carry out an active marketing program to identify those individuals with the business acumen to succeed. There are several institutions that provide in-depth assistance to existing small and emerging businesses. The small business development centers, the Community College System, chambers of commerce, banks, SCORE and micro-enterprise 46 programs, just to name a few, that provide training and technical assistance to small and emerging businesses. Partnership with these organizations increases the likelihood that the entrepreneur will have access to the technical support and financing needed to grow their business. Since the strategic plan has identified technology and knowledge-based businesses as a target business sector, it would be appropriate to establish a special marketing effort to nurture these target sector businesses. Here are the marketing strategies recommended to nurture small and emerging businesses: 1. Joint sponsorship of business workshops and classes – existing activity 2. Create a Powhatan Technology group with the Chamber of Commerce 3. Website enhancements – tools to starting or expanding a business 4. e-newsletter C. Existing Businesses and Industry o The goal of an existing industry program is to retain those businesses currently in the County and to help them flourish. An existing business and industry program not only expands your local economy, but also generates support for the economic development program. In some instances existing businesses question why economic development efforts are directed at recruiting new business when they are paying a sizeable share of the local taxes. An existing industry program not only expresses the County’s appreciation for the contributions that industry makes to the County, but provides valuable insights into the major areas of concern that businesses are having. Often businesses don’t know how economic development organizations can assist them to expand or improve efficiencies of operations. In addition, if a business is considering locating in the County, they will often pick up the phone and talk to an existing business to see what issues they are having. Here are several recommended marketing efforts targeted at assistance to existing County businesses: 1. An existing business “Call” program – “Powhatan Business First” – visits to at least 30 to 40 key businesses a year 2. Recognition event – semi-annual – Business Appreciation week and one other event possibly in cooperation with the Chamber of Commerce 3. Business advisory council to Economic Development office 4. International trade assistance – VEDP 5. e-newsletter 6. Ambassador Program – local businessmen schooled to outreach to their peers in the region – spreading the Powhatan value-added story 47 II. TOURISM – AGRI-BUSINESS A. Tourism Powhatan County has a significant array of tourism assets to build a more vibrant tourism sector. These include, but are not limited to: Parks & Recreation – Fighting Creek Park Disc Golf Historical sites James River access Horse industry State Wildlife Management Area St. Francis/Belmead State Park Events – Festival of the Grape, 4th Fridays Golf courses Local artisans Campground Unique shops and venues Niche agriculture P P While there are an abundant number and variety of tourism assets, there are some significant voids in the inventory of tourism assets – most notably the lack of lodging. As a result, the marketing efforts will need to be directed at day trip visitors and partnerships with other regional organizations to provide a greater variety of travel experienced over a longer timeline, two to three days. Given the lack of some tourism assets, the tourism marketing strategies are divided into two components – one directed at the traveler and the other directed at developers of tourism venues. The target traveler audiences should include: History lovers Horse lovers – trail riders Boaters Canoes and Kayakers Outdoorsmen – hunters and fishermen African-American heritage travelers French history buffs Golfers Disc Golfers Baseball/softball tournaments Richmond/Charlottesville day-trippers 48 The greater Richmond and Charlottesville areas should be the focus of marketing efforts. Individuals, families or groups that live in these areas or are visiting are prime candidates for day trips to the “country” to experience a unique experience. The strategy should always be to try to package things to see and do with places to eat and shop. If you can entice them to come back a second day, even better. Marketing Strategies – Traveler Audience Website enhancements – what to do, where to stay, where to shop and where to eat Active support of the Tourism Council VTC Partnership for electronic marketing – Martinsville example “Horse Lovers” marketing program – trail riding Coop marketing – Lee’s Retreat, Civil War Trails, Civil Rights in Education Heritage Trail Richmond Convention and Visitor’s Bureau – theme tours and website Day travel – theme tours – historical sites, French-Huguenot history, African-American history, hunting and fishing, boating on the James, canoe and kayak on the James, trail riding, golfing and disc golf Richmond area travel writers “fam” tour The attraction of a hotel and an inn to the County is extremely important to the further development of the tourism industry in the County. The expenditure by a traveler increases several fold with an overnight stay. There is also a need to expand the availability and variety of tourism venues to be able to attract and keep visitors longer. As an example, most of the historic sites are privately owned and are not open to the public. To expand significantly the history of tourism, more historical sites will need to be open to the public and there needs to be a rich interpretation of the historical events. Travelers are looking for rich and positive experiences. The tourism venues can be developed by the private or public sectors. There is a need for some auxiliary business development to support the tourism venues such as boat/canoe/kayak rental, outdoors outfitter, horse rental, bait and tackle shop, etc. Marketing Strategies – Venue development audience – hotel, retail Conduct a hotel/inn feasibility study Virginia Hospitality and Travel Association – membership and participation e-newsletter B. Agri-business The existing farmers and landowners are the primary target audience for expansion of the agribusiness in the County. The continued diversification of agriculture into a variety of niche agri-businesses will be the main method of expansion of the agri-business sector. The Cooperative Extension Service 49 is the primary organization with contacts to the farm community and they provide a wealth of technical and advisory services to assist existing famers and landowners diversify. The suggested marketing strategies are structured at partnering with the existing agricultural organizations to expose farmers and landowners to new and different agricultural practices. Once a farmer or landowner has shown an interest in a specific agricultural enterprise, then the specific technical and business development assistance can be provided. Marketing Strategies – existing farms and agri-businesses VA Extension Service connection/joint programs Farm Bureau joint events Farm Tour – annual Agri-business Council e-newsletter III. SUMMARY OF MARKETING STRATEGIES A. Website Enhancements 1. Business Recruitment 2. Small Business and Entrepreneurship 3. Existing Business Development 4. Tourism B. Collateral Material 1. Community Profile 2. Tourism brochure 3. Tourism theme brochures C. e-newsletter (s) 1. Location consultants 2. Commercial brokers 3. Existing businesses 4. Entrepreneurs 5. Professional association members 6. Business and travel writers D. Business Call Program – “Powhatan Business First” E. Ambassador’s program 1. Business Recruitment 2. Existing Business Development F. Professional Association Participation 1. International Association of Shopping Centers 2. GRACRE 3. “Rich Tech” 4. ULI, AIA, SPE 5. VA Hospitality Association 6. Richmond Convention and visitors Bureau 50 G. Publication articles 1. Business journals/sections 2. Travel sections H. Events and Workshops 1. Broker outing 2. “Rich Tech” outing 3. Business appreciation 4. Entrepreneurship workshops 5. Agri-business workshops 6. Farm Tour 7. “Fam” tour-travel writers 8. International trade I. Lunch with marketing representatives 1. VEDP 2. NS/DRPT 3. VDACS 4. VTC J. Cooperative marketing 1. VEDP 2. VTC 3. Richmond Convention and Visitors Bureau 4. Lee’s Retreat, Civil War Trails, Civil Rights in Education Heritage Trail K. Business Advisory Councils 1. Technology Council 2. Business Advisory Council 3. Agri-business Advisory Council 4. Tourism Council L. Market Studies 1. Hotel/Inn 51
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