Baltimore City Comprehensive Economic Development Strategy (CEDS) - 2007 Process
- Improve rapid and reliable regional transit to link diverse neighborhoods, job centers, educational centers and cultural entertainment and tourist destinations.
- Promote, enhance, and expand cultural and entertainment and night life opportunities.
- Prepare and retain all youth and adults for the job market and productive citizenship at all levels with quality education and training.
- Improve ability to match needs of employers with a growing and appropriately skilled job candidate pool.
- Enhance public and technology infrastructure to support participation in the global economy.
- Increase the City’s residential and commercial tax base.
In 2005, Baltimore City approved its first Comprehensive Master Plan in 30 years: “LIVE, EARN, PLAY, LEARN”. Given the relevance and thoroughness of this document the CEDS staff elected to build off of this plan to create an economic development strategy rather than starting from scratch. Therefore, Baltimore City’s 2007 CEDS process focused on three overriding principles: ENHANCE, ENGAGE and EVALUATE.
- Enhance (Phase I). A consulting group helped to streamline the economic development process by enhancing existing work and organizations. Specifically, the group: 1) synthesized existing work (Comprehensive Master Plan and the City’s BRAC strategy) to provide the basis for analysis 2) recommended an evaluation process that streamlined the work of existing committees and organizations.
- Engage (Phase II). A CEDS leader engaged CEDS committee members as well as the Mayor’s office to ensure the process created is sustained.
- Evaluate (Phase III). Towson University benchmarked national economic development performance measures to create a best in class evaluation systems.
With these principles and the desired deliverables in mind, the CEDS staff facilitated four CEDS committee meetings. The deliverables for these committee meetings were:
- GOALS and OBJECTIVES-The CEDS committee identified six goals that will enable the City to create its overall vision: Baltimore is a world-class City.
- STRATEGIC FOCUS AREAS- According to the New Economic Development model, sustained economic prosperity occurs when Baltimore City is able to create jobs (SECTORS), prepare a labor force with knowledge and skills for current and future jobs (PEOPLE) and support and create healthy communities where people live and work (PLACES). Importantly, these factors must work in concert to ensure economic health in the City. The CEDS committee chose the sectors, people and places that the City should concentrate its limited resources on to have the largest impact on its economic goals. PROJECTS/PROGRAMS-The CEDS committee prioritized a list of projects/programs relevant to the strategic focus areas that would enable the City to meet its economic development goals.
- PERFORMANCE MEASURES-The CEDS committee chose performance measure to track the implementation of the CEDS.
1. Marsha Schachtel, Senior Fellow at the Johns Hopkins Institute for Policy Studies, “New Economic Development” White paper
Strategic Focus Areas
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Coming Soon...
| Date |
Deliverables |
Description |
07/13/2007
|
Brainstorm priority goals |
- Committee members were split into four groups (quality of life, business climate/entrepreneurship, infrastructure, workforce and education) to complete a SWOT analysis of updated data from the Comprehensive Plan
- Based on the SWOT analysis, each group recommended priority economic goals for the City
|
07/23/2007
|
VOTE on priority goals
Brainstorm strategic focus areas |
- Committee reviewed suggested goals and voted on priority goals
- Committee listed strategic focus areas (the greatest opportunities for economic development in the City: SECTORS, PEOPLE and PLACES)
|
08/29/2007
|
Finalize strategic focus areas
VOTE on priority projects/programs
|
- Committee finalized strategic focus areas and listed projects and programs relevant to these areas to create a list of suggested projects/programs.
- Committee voted on the “vital” projects and programs for the City.
|
| 11/26/2007 |
Finalize evaluation measures
Review document |
|
Sat. July 19, 2008