This web site is still under development but rather than wait until the site is completed we wanted to go ahead and start uploading relevant information items that pertain to economic development in Kent.
Eventually this site will include a comprehensive inventory of economic data and building site information, as well as strategy documents and City economic development initiatives, but for now we want to begin to provide a clearinghouse for useful economic development items.
Reports and Presentations
Section 1: Why Economic Development Is So Important
1a. City Financial Report
1b. City Competitiveness Report – compares the cost of services and taxes in Kent with peer cities in region.
Section 2: Understanding the Kent Economic Market
2a. The Kent Brand Report – begins a dialogue on understanding and building the Kent brand.
2b. Downtown Retail Trade Area Data – provides a psychographic profile and market segmentation for the downtown Kent retail trade area.
2c. Downtown Retail Survey Data – includes survey data from students for retail preferences for downtown Kent.
2d. Kent Retail Assessment Citywide – this report evaluates the trade area for four locations around Kent (Spaulding @ SR 59, SR 43 @ SR 261, SR59 @ SR 261, Downtown Kent).
2e. Kent Trade Area Data
2f. Retail Information Series – provides research information on the retail industry.
Section 3: Kent Economic Development in Action
3b. Kent Site Selection Assessment Presentation – a powerpoint from a representative from the Austin Company that reviews the site selection process used for industrial and office clients and provides an assessment of Kent’s “economic development readiness.”
3c. Kent Whitewater Concept – this project is still in development but here’s a web page devoted to the concept.
3d. Kent Sports Tourism Collaboration – the city and the university are in the process of forming a sports collaborative to bring events to Kent. Here’s the research behind the effort.
3e. Main Street Kent Monthly Business Reports – read through the monthly summary reports of Main Street Kent activities.
3h. 2009 Presentation on Downtown Redevelopment Status — (June 2009) this is a powerpoint presentation that provides an update to the downtown revitalization efforts in Kent.
Section 4: City Economic Development Strategies and Objectives
4a. 1993 Kent Economic Development Strategy – 10 page economic strategy report for Kent, plus the 1993 Economic Development Tactics to implement those strategies.
4b. 2005 Economic Development Policy – this document provides a 3 page listing of specific project goals for economic development.
4d. Business Relocation Policy – Kent City Council adopted a relocation policy to help businesses impacted by City economic development initiatives.
Section 5: Kent Economic Development News and Reports
5a. Cambria Moving To Kent Site – “The strong local economy makes Kent an ideal location for our $4 million facility and we look forward to growing Cambria’s presence throughout the region.”
5b. Universities as Economic Engines – provides 26 research articles describing the roles of universities in local economies.
5c. Kent State Announces New Kent Research Park – “The Research Park will provide space and support for specialized companies to thrive and grow near the university and its other partners.”
5d. Crains Business Magazine Article On Kent Lifestyle Center – scroll to page 3 to read Crains review of Kent downtown redevelopment RFQ.
5e. $6 Million Phoenix Redevelopment Project Underway in Downtown Kent – read up on this 3 phase private redevelopment project to restore historic buildings for new retail and restaurants.