goals
GOAL 1
Become a premier location of choice for primary target sectors
- Continue to support the development of the currently adopted International Financial Services Area
- Foster growth in creative sectors throughout downtown Tacoma
- Leverage key industry research assets to further develop industry sectors
- Develop a robust target industry marketing program
GOAL 2
Foster an entrepreneurial culture and greater awareness of independent local businesses
- Extend the community’s current business support programs to build a robust network of entrepreneurs and independent local businesses
- Recruit entrepreneurs in higher cost locations
- Advocate the State of Washington to increase entrepreneurial support
- Encourage entrepreneurship from a young age
GOAL 3
Stimulate investor interest in downtown Tacoma
- Focus public investment and marketing on strategic nodes in downtown
- Support investor interests by providing additional incentives and strategic public investment
GOAL 4
Develop downtown Tacoma into a ‘talent magnet’
- Proactively focus on talent retention and recruitment for major employers
- Create a young professional marketing strategy
- Engage young professional organizations in economic development efforts
GOAL 5
Support and expand the economic development agenda of the University of Washington-Tacoma and community college partners
- Work with UWT to develop an urban economic development strategy
- Establish an informal UWT economic development working group
- Work with community and higher education partners to establish the creative arts training center and accelerator
GOAL 6
Increase retail opportunities in downtown Tacoma
- Increase retail, restaurant, and entertainment marketing efforts
- Establish a retail recruitment fund to fund small, short-term incentives for retail corridors
GOAL 7
Raise world-class profile of downtown Tacoma
- Leverage the Port of Tacoma’s global leadership in international markets
- Improve the support structure for the advancement of downtown Tacoma’s international interests
- Develop an international marketing action plan