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Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
Rex Development: The Importance of Regionalization
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Rex Development: The Importance of Regionalization

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Learn about the importance of regionalization in South Central Connecticut and see our progress toward our goals set in the region's Comprehensive Economic Development Strategy.

Learn about the importance of regionalization in South Central Connecticut and see our progress toward our goals set in the region's Comprehensive Economic Development Strategy.

Published in: Business, Technology
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Transcript

  • 1. THE POWER OF REGIONALIZATION June 2011
  • 2. What are CEDS and why do we need them?
    • Strategies to coordinate and prioritize regional economic development efforts
    • Primary goals
      • Create jobs
      • Address existing economic challenges
      • Capitalize on economic opportunities
    • To be eligible for funding opportunities
    • 2011 CEDS update submitted to EDA in June 2011
  • 3. Current CEDS: Regional Marketing & Communications Objectives
      • Regional Marketing – Develop during 2008 and ensure its ongoing implementation
      • Economic Team-Building – create program in 2008 and operate on a continuing basis
  • 4. Regional Marketing
    • Marketing website infrastructure complete, continuing to incorporate enhancements
    • Targeted marketing initiative in process
    • Implement targeted marketing plan that included rebranding RGP as REX Development, 1 Region, 15 Towns, Unlimited Potential
  • 5. Education & Team Building Program
    • Coalition built with local chambers
    • Joint projects/efforts with local chambers
    • Engage/educate town economic development commissions
    • REDFO Meetings
  • 6. Current CEDS: Transportation Objectives
      • Tweed New Haven Airport – Increase enplanements to 100,000 and supply service to 3+ hub cities by 2010
      • Feeder Barge Service – Initiate feeder barge container shipping at Port of New Haven to move cargo by rail
      • New Haven – Springfield Commuter Rail –Initiate rail line by 2010 with future connection to Bradley Airport
      • Shoreline East/Metro-North – Increase ridership
      • Bus Service – Increase ridership
  • 7. Expand Service at Tweed New Haven Airport
    • Agreement reached between New Haven & East Haven
    • Runway safety areas completed
    • Taxiway B and obstruction removal underway
    • Recruit new airlines, and routes from existing carrier
    • Build up business and community support for the airport
  • 8. Port of New Haven Improvements
    • Draft strategic plan prepared with near-term port improvements submitted for ARRA consideration
    • Ongoing meeting with state officials to build political support for New Haven-based feeder barge service
  • 9. Increase Commuter Rail Service with New Haven-Hartford-Springfield Line
    • Letters sent to Congressional delegation, Governor, state commissioners & Amtrak
    • Work with regional organizations along rail line to lobby efforts awarded a planning grant for the New Haven, Hartford and Springfield high speed rail project
  • 10. Increase Ridership on Shore Line East & Metro North
    • Shore Line East weekend service implemented
    • SLE ridership increased by 13-15%
    • MNR ridership increased by 4-5%
    • ConnDOT taking delivery of new M-8 rail cars
    • New MNR trains to State Street Station
    • Work with New Haven and ConnDOT to implement second garage and TOD at Union Station planning grant awarded
  • 11. Increase Effectiveness & Ridership of Bus Service
    • CT Transit ridership in New Haven region increased 5.2%
    • Purchase of new buses
  • 12. Ensure Adequate Funding in Region’s Roadways
    • Q Bridge under construction
    • $14 million ARRA funding secured to complete all Urban Program projects
    • Ferry Street Bridge completed
    • Rt. 1 Amtrak bridge under construction
    • Housatonic River Bridge project funded
  • 13. Current CEDS: Business Development Objectives
      • Regional Business Assistance Program – Develop & maintain business assistance strategy to help existing business grow or remain the region
      • Entrepreneurs & Start-Ups – Identify & assist prospective companies & entrepreneurs in emerging business sectors to start & grow new business ventures
  • 14. Business Assistance Program
    • Marketing assistance seminar sponsored by EDC New Haven
  • 15. Entrepreneurship & Start-Ups
    • Yale Entrepreneurial Institute expands summer fellowship into year-round incubator
    • $16 million in capital raised by YEI companies over past two years
    • Technology networking events organized by EDC New Haven
  • 16. Current CEDS: Workforce & Housing Objectives
      • Incumbent Worker Training – Increase Incumbent Working Training funding to $1,000,000 by 2010
      • Community Colleges – Meet emerging workforce needs by supporting innovative workforce development efforts at Gateway and Middlesex Community Colleges
  • 17. Current CEDS: Workforce & Housing Objectives
      • Workforce Housing – Improve the amount & diversity of workforce housing by offering design and policy resources to the region’s communities to help them address the region’s critical shortage of housing
      • School-to-Work – Build a coalition of public and private sector partners to engage in discussion of critical school-to-work issues
  • 18. Increase Funding for Incumbent Worker Training
    • IWT funding maintained at 90% despite massive deficit
  • 19. Support Community College Workforce Initiatives
    • Community College System green jobs training grant ($2 million) - $18,000/yr for 3 yrs each to Gateway and Middlesex
    • Connected manufacturers to Middlesex College Advanced Manufacturing program
  • 20. Improve Workforce Housing
    • Town of Wallingford applied for zoning incentive payment under HomeCT law
    • Branford and West Haven approved for HomeCT technical assistance grants
    • New Haven applied/under consideration for HomeCT technical assistance grant
  • 21. School-to-Work
    • New Haven school reform initiative – New Haven Promise
    • Include school to work in discussion of city reform initiative
  • 22. Current CEDS: Land Use Planning, Policies and Regulations
      • Brownfields & Predevelopment Fund
      • Transit-Oriented Development & Smart Growth
  • 23. Brownfields & Predevelopment Fund
    • Approved 3 new assessment projects and 1 remediation project
    • Applied for additional funding
    • Several projects under review
  • 24. Transit-Oriented Development & Smart Growth
    • Town of Hamden adopted Smart Code zoning
    • Received Sustainable Community Grant
    • Received Tiger Grant
  • 25. Moving Forward
    • All responsible parties review the Action Steps in the CEDS to identify new and existing programs & initiatives that support the CEDS
    • REX to develop tasks that support Action Steps & Objectives in conjunction with responsible parties
    • Tasks will incorporate outcome measures within specified timeframe
    • Build baseline performance measures around goals & objectives
  • 26. Moving Forward
    • Build baseline performance measures around goals & objectives
    • Increase accountability for responsible parties
  • 27. Funding Requirements
    • Introduce state legislation that would create a direct funding stream to the region

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