Legislation Details

File #: HIST-25081    Version: 1 Subject:
Type: Historical Status: Action Item
In control: City Council Meeting Agenda
On agenda: 6/9/2014 Final action: 6/9/2014
Title: Adoption of an Economic Development Implementation Plan.
Attachments: 1. Adoption of an Economic Development Implementation - A-6__14-06-09__CDD__CITY COUNCIL__Draft_Econ_Dev_Implement_Plan - FINAL.pdf, 2. Adoption of an Economic Development Implementation - 14-06-09-ATT_CDD_Economic Development Implementation Plan 2013.pdf
City of Culver City, California Agenda Item Report Meeting Date: 06/09/14 Item Number: A-6 CITY COUNCIL AGENDA ITEM: Adoption of an Economic Development Implementation Plan. Contact Person/Dept.: Todd Tipton CDD Phone Number: (310) 253-5783 Fiscal Impact: Yes [] No [X] General Fund: Yes [] No [X] Public Hearing: [] Action Item: [X] Attachments: [X] Commission Action Required: Yes [] No [X] Date: _______________ Public Notification: (Email) Meetings and Agenda – City Council (06/04/14), Chamber of Commerce, outreach meeting participants (06/04/14) Department Approval: Sol Blumenfeld (06/04/14) City Attorney Approval: Carol Schwab (by H. Baker) (06/04/14) Chief Financial Officer Approval: Jeff Muir (06/05/14) City Manager Approval: John Nachbar (06/04/14) RECOMMENDATION: Staff recommends the City Council adopt an Economic Development Implementation Plan (Plan) as part of the 2014-2015 Community Development Department/Economic Development Division’s work plan. BACKGROUND: The elimination of redevelopment agencies statewide in California on February 1, 2012 has created new challenges for economic development programs and former and future redevelopment project implementation. In order to pursue a new path for economic development in a post-redevelopment environment, the City retained MuniServices to prepare the Plan. MuniServices’ scope of work included outreach efforts and the preparation of specific studies that identified the City’s demographic and economic composition, its strengths and weaknesses, the retail uses it lacks, and challenges/opportunities related to the future growth of its commercial real estate. The Plan is comprised of economic goals, objectives, and implementation strategies derived, in part, from a broad based series of outreach meetings that were conducted in cooperation with the Culver City Chamber of Commerce. The outreach meetings involved stakeholders from various business sectors, geographic areas, and residents. DISCUSSION: The purpose of the Plan is to survey the City’s strengths and weaknesses, evaluate local market constraints, and provide a forward-looking strategy to address the Plan’s findings. Significant public outreach was conducted as part of the public input City of Culver City, California Agenda Item Report efforts, and many of the ideas in the document came from stakeholders throughout the City. The studies performed by MuniServices included four major elements: an Economic Base Analysis (demographic/economic data), a SWOT (Strengths, Weaknesses, Opportunities and Threats) Analysis, a Leakage Analysis, and a Market Analysis. Economic Base Analysis (EBA) The EBA revealed that Culver City has a robust economy that is dominated by the information/media, technology and advertising/graphic design industries. It also revealed that City General Fund revenues are generated primarily from sales, transient occupancy, business and utility taxes. Resident’s per capita income is also relatively high. SWOT Analysis The SWOT Analysis revealed that Culver City has high quality schools and a strong job to workforce ratio. However, the City also faces challenges including traffic congestion, lack of parking resources and certain public improvements/amenities. The SWOT Analysis recommends that Culver City: (1) undertake a branding/marketing effort, (2) pursue the installation of fiber optic/high speed internet service (which the City Council has already authorized and is underway), (3) enhance its connectivity via pedestrian/bike improvements, and (4) strengthen is partnerships with education, cultural/ arts institutions, and the business community. It also identified the threats of increasing traffic volumes, residential density and decreasing parking availability and residential/commercial property affordability as threats. Leakage Analysis A Leakage Analysis is a snapshot for evaluating the retail gaps that exist in a community and is the starting point for developing a retail market strategy. The Leakage Analysis revealed that Culver City is served by a diverse array of commercial/retail businesses. However, the City is underserved by such uses as music stores and lumber/building materials. Market Analysis The Market Analysis studied the City’s various commercial districts based on their geographic location. The districts are: Fox Hills, East Washington/Hayden Tract / Downtown / Transit Oriented Development District, West Washington/Sepulveda, and the Jefferson Corridor. The Market Analysis revealed the following opportunities and challenges by geographic area: Fox Hills - The Market Analysis revealed that Culver City should prepare a physical land use plan (draft work scope attached), re-brand/market the area, engage City of Culver City, California Agenda Item Report residents, create development opportunities for creative office uses and a new retail/restaurant “main street,” and provide additional accommodation to large employers. The Market Analysis identified that this district lacks creative office space, integrated land uses, amenities (retail, restaurants, usable open space) and fiber optic/high speed internet service. East Washington/Hayden Tract/Downtown/Transit Oriented District - The Market Analysis revealed that Culver City should improve connectivity, provide parking and amenities in this district, and that the area lacks fiber optic/high speed internet and viable options for creating parking. West Washington/Sepulveda - The Market Analysis revealed that Culver City should improve connectivity and continue to collaborate with district businesses to provide streetscape/façade improvements and develop creative parking solutions. Jefferson Corridor – The Market Analysis revealed that the City should enhance the existing creative office market and develop additional parking. This district currently lacks amenities, available parking, and integrated land uses. Plan Implementation The Plan recommends specific work tasks (attached) and the following objectives: 1. Collaborate with entities to forge new alliances, job opportunities, and generate revenue while building on the strengths of creative office, the arts, media, and technology; 2. Develop a comprehensive marketing and branding strategy; 3. Identify workforce needs of City businesses and facilitate partnerships to satisfy the demands; 4. Create infrastructure necessary to retain and attract desirable businesses and promote an innovative business environment; 5. Utilize land use planning to enhance job growth and continued economic health throughout the City; 6. Track future economic trends to remain a leader of innovation in the Southern California Region. Summary The Plan provides a new framework to guide economic development in a post- redevelopment environment and includes goals, policies, and programs that are intended to enhance the City’s continued economic environment in an integrated City of Culver City, California Agenda Item Report manner consistent with the City Council’s identified proprieties for the City. The Plan is a working document that will be drawn upon frequently and revised as necessary as the City’s economy evolves and as the City Council may update guiding policies in response to future needs of the City’s residential, business and visitor communities. FISCAL ANALYSIS: There are no immediate fiscal impacts to the City associated with the discussion and approval of the Plan. However there will be costs associated with implementation of projects or programs contained within the Plan. Such projects/programs may involve significant resources, both financial and staff. Estimates of all related costs will be prepared in conjunction with each program submitted for City Council consideration at future City Council meetings after public comment and input is solicited. ATTACHMENTS: 1. Draft Economic Development Implementation Plan dated November 2013. 2. Draft Work Program for “Reimagine Fox Hills.” 3. Economic Development Task List. MOTION: That the City Council: Adopt the draft Economic Development Implementation Plan. MEETING DATE: 6.9.14 AGENDA ITEM: Adoption of an Economic Development Implementation Plan ATTACHMENTS Pages 1. Draft Economic Development Implementation Plan dated November 2013 1 - 40 2. Draft Work Program for Reimagine Fox Hills 41 3. Economic Development Task List 42 - 44 DRAFT ATTACHMENT 1 1 DRAFT DRAFT ATTACHMENT 1 2 DRAFT TABLE OF CONTENTS Introduction 1 Economic Base Analysis 2 Strengths, Weaknesses, Opportunities and Constraints (SWOT) Analysis 6 Leakage Analysis 7 Market Analysis 9 Current Economic Development Projects 13 Plan Implementation 15 Summary of Work Plan 24 Conclusion 28 Exhibits 31 ATTACHMENT 1 3 DRAFT Introduction With its roots in the early days of the motion picture industry, Culver City grew slowly as a commercial center and was underdeveloped for many years. Much of the City’s commercial and industrial land was poorly utilized, and its downtown and commercial corridors suffered from disinvestment. More recently, the City has experienced a renaissance and has grown into a modern and progressive community that flourished largely through its historical motion picture roots and successful redevelopment programs, providing an exceptional quality of life with great shopping, dining, entertainment and attractive residential neighborhoods. The City has a vibrant business environment that is focused on multimedia, technolo- gy, fashion and design. The City is particularly attractive to businesses seeking a Westside Los Angeles location with an “Urban Village” feel that reflects reduced reli- ance on the automobile with ample transit, walkable and bicycle friendly streets, strong community institutions and a high degree of self-containment with people working, rec- reating and living in the same area. Despite Culver City’s success, economic challenges remain. The City is facing in- creasing expenditures at a time of decreasing revenues. This problem is exacerbated by limited vacant land for new commercial development and a low vacancy rate, mak- ing the attraction of new companies and the expansion of existing businesses difficult. As a result, Culver City contracted with Muni Services, LLC to assist in preparing an Economic Development Implementation Plan (the “Plan”) to promote economic devel- opment and ensure the City’s financial security. Communities must have a plan that guides economic development in order to improve, be sustainable, and provide basic programs and services to its residents. The Plan provides a detailed look at Culver City’s economic base, identifies economic issues and recommends a framework by which informed business, redevelopment and eco- nomic development decision can be made. The Plan was prepared with significant in- put from the public including multiple meetings with members of the business and res- idential communities. The Plan is comprised of the following elements: ? Economic Base Analysis; ? Strength, Weakness, Opportunity and Threat (SWOT) Analysis; ? Leakage Analysis; ? Market Analysis; ? Current Economic Development Projects; and Objectives, Strategies, Tasks and Timelines for Implementing Economic Development Activities. 1 ATTACHMENT 1 4 DRAFT Economic Base Analysis An Economic Base Analysis provides the City with key demographic and economic da- ta that identifies employment by business sector, industries sector opportunities and sources of revenue. The Economic Base Analysis can be used to assess the results of business retention, attraction and development efforts. As reported in the California Employment Development Department 2010-2011 Fiscal Report and City of Culver City 2013-14 Budget the City is experiencing the following demographic trends: Demographic Data: ? Culver City Unemployment Rate 6.8% ? Los Angeles County Unemployment Rate 10.4% ? Culver City Population 38,000 (approx.) ? Culver City Employment Population 41,732 ? Home Based Residents 16,930 ? Daytime Population 58,663 ? Jobs/Workforce Ratio* Culver City 1.82 Los Angeles County 0.83 *The “jobs/workforce ratio” is the number of jobs available per work-age person in a given area. If there was a job for every work-age person in a community the ratio would be 1:1 or simply stated 1. In Los Angeles County, for instance, there is less than one job per eligible person, or 0.83. In Culver City, there are 1.82 jobs available per eligible person, which indicates that Culver City has a vital economy. The graphic below identifies business sectors within the City. 2 ATTACHMENT 1 5 DRAFT The following industries are central to the City’s economy: ? Information and Media ? Retail ? Government ? Professional The following “Sector Opportunities” have fostered economic growth: ? Information/Media ? Technology ? Advertising/Graphic Design Economic Data: The City’s General Fund revenues are derived as follows: ? Sales Tax 30% ? Other Revenues 17% ? Utility Tax 16% ? Business License Tax 11% ? Charges for Services 8% ? Other Taxes 10% ? Property Tax 5% ? Intergovernmental 4% 3 ATTACHMENT 1 6 DRAFT Sales Tax is the City’s largest single revenue source. Culver City’s Sales Tax is generated by the following business sectors: 4 ATTACHMENT 1 7 DRAFT Typical occupancies of commercial buildings in Culver City: Culver City is third only to Beverly Hills and El Segundo in the West Side and South Bay subareas for total sales tax dollars generated per person living in Culver City. This means that Culver City is generating more sales tax dollars per resident than all but two of the 16 cities in the region. Only Beverly Hills, with its Rodeo Drive retail, and El Segundo, with its oil refineries, generate more sales tax dollars per capita. City Sales Tax Revenue Comparison (Revenue per Capita): 5 ATTACHMENT 1 8 DRAFT SWOT Analysis A SWOT analysis identifies a community’s strengths, weaknesses, opportunities and threats (SWOT). Culver City’s SWOT analysis was prepared after meeting with resi- dents, businesses, civic, healthcare and educational professionals to discuss the strengths and challenges of living and doing business in Culver City. The strengths and weaknesses have been identified as follows: Strengths: ? High quality public school system: Culver City Unified School District (CCUSD) ? Excellent quality of life: outstanding climate; strong sense of community; old town feel; good City services and public amenities; ample restaurants; consumer friendly shopping ? Convenient, affordable Westside community ? Accessible city government, staff and elected officials ? Strong jobs/housing ratio: Total City Employment: 41,732 jobs compared to estimated population of 39,000 Culver City Jobs/Workforce Ratio: 1:82 Versus Los Angeles: 0.83 Unemployment Rates: Culver City: 6.8% Los Angeles County: 10.4% California: 9.8% Weaknesses: ? Parking in many areas is limited ? Traffic is congested ? Public transportation aka “connectivity” does not link all areas of the City ? Lack of “walkability” ? Lack of high speed fiber optics ? Culver City is not branded and marketed ? Commercial areas poorly defined and have little identity outside of the downtown corridor ? Most commercial areas lack public improvements such as streetscape amenities ? Most commercial areas are poorly maintained ? Many properties within designated commercial areas are underdeveloped given zoning and market opportunities ? Tenant mix within some commercial areas is weak 6 ATTACHMENT 1 9 DRAFT 7 Opportunities: ? Branding and marketing ? Fiber optic connectivity ? Public transportation connectivity ? Pedestrian and bike friendly ? District specific economic development entities (public/private) ? Process Improvement Group (planning/permitting process) ? Strengthen partnerships among educational institutions, businesses, community and government ? Eliminate blight on select gateways and high visibility commercial corridors ? Public gathering places ? Citywide environmental innovation ? Quality local healthcare Threats: ? Increase in traffic ? Decrease in the amount of available parking ? Increase in density ? Reduction in residential and commercial property affordability ? Loss of small town feel ? Inadequate public infrastructure ? City permitting processes (too difficult/too lenient) ? City’s perceived indifference to business Leakage Analysis A SWOT Analysis also considers retail leakage (Leakage Analysis) in order to identify retail sales by residents that are occurring outside of Culver City in hopes of capturing those sales and strengthening the City’s economy. A Leakage Analysis compares per capita sales tax generated from targeted retail categories against countywide averag- es. A retail surplus suggests the community is capturing its local market for that cate- gory of goods plus attracting shoppers from outside the jurisdiction. A retail gap sug- gests the possibility that residents may have a greater demand for products in the spe- cific category than is being satisfied by local businesses, but that in general the City is well served by local retail and services. The graph below indicates that a retail gap ex- ists for music stores, lumber/building materials and package liquor stores. ATTACHMENT 1 10 DRAFT The Leakage Analysis indicates that, except for music stores, lumber/building materials and packaged liquor stores Culver City (citywide) is capturing its local market share for each listed category, as well as attracting shoppers from outside the City (Per Capita Sales Tax Surplus/Gap Comparison and Fiscal Year Revenues by Business Type). The City could actively recruit music stores, lumber/building materials and packaged liquor stores in order to avoid losing retail sales to other cities; however, these businesses are not central to the City’s overall economy. In summary, the analysis indicates that Culver City has healthy retail sales and a retail base that satisfies the needs of City residents and attracts customers from outside the City. Notwithstanding, specific gaps in goods and services exist from district to district. For example, retail is deficient in the downtown and services/amenities are deficient in Fox Hills. 8 ATTACHMENT 1 11 DRAFT 9 Market Analysis A SWOT Analysis also considers the City’s market constraints (Market Analysis) from a real estate perspective. This type of analysis is commonly used to determine real es- tate opportunities and challenges related to future commercial growth. To perform Cul- ver City’s Market Analysis various commercial areas were combined into three districts based on their geographic location. The districts are: Fox Hills, East Washington Boulevard - Hayden Tract – Downtown -Transit Oriented Development District, West Washington Boulevard - Sepulveda Boulevard and Jefferson Corridor. Fox Hills The Fox Hills district, located at the southwesterly edge of the City adjacent to the San Diego (405) Freeway, was developed in the 1970’s and is comprised primarily of office parks, gated residential apartments and condominiums, and a regional shopping mall. The office parks provide a good opportunity for future commercial growth as they are underdeveloped (have not reached their full potential in light of today’s market) have freeway visibility and have good vehicular access. The Westfield Culver City Mall is performing at a high level as the result of a recent renovation and expansion promoted through the former Redevelopment Agency (RDA). During outreach reach meetings residents of Fox Hills indicated that they feel dislocat- ed from the rest of the City due to their geographic location, lack of a “Main Street” and lack of identity (street banners, signage, street furniture, right of way improvements, etc.). The following opportunities and challenges have been identified for this area: Opportunities: ? Prepare a physical land use plan to repurpose and “reimagine” Fox Hills ? Re-brand and market Fox Hills ? Engage Fox Hills residential community to develop “connectivity” to the core of Culver City ? Create public-private development opportunities to facilitate community “reimaging” ? Focus on potential creative office market ? Create better connectivity between the mall, residential and creative office uses by creating a new retail/restaurant “main street” ? Accommodate large employers such as corporate headquarters, regional offices (legal, consulting, accounting, finance, insurance, real estate), media services (web design, internet retail, computer technology) and emerging research and develop- ment companies. Some of these large employers are located in Fox Hills, down- town and the Hayden Tract. Of these areas, Fox Hills has the greatest amount of available land area to accommodate these types of uses. ATTACHMENT 1 12 DRAFT Challenges: ? Office buildings constructed for a traditional office market ? Business Park configured in a traditional office park ? Lack of amenities, retail, restaurants, useable open space ? Land uses are not well integrated and there is no cohesive district identity ? Lack of convenient fiber optic/high speed internet service East Washington – Hayden Tract – Downtown – Transit Oriented Development District East Washington, Hayden Tract, Downtown and the Transit Oriented District were de- veloped prior to the 1940’s and are comprised of a variety of uses. Downtown is rec- ognized as the Central Business District or “Core” of the City, East Washington is rec- ognized as the Arts District (due to its business composition), the Hayden Tract is rec- ognized as a light industrial, office, creative office /media entertainment district and the Transit Oriented Development District is an emerging mix of residential, restaurant re- tail/commercial, office and hotel uses adjacent to light rail transit. The opportunities and challenges of these districts are very different than those in Fox Hills or West Washington/Sepulveda. Specifically, Downtown benefits from Culver City Redevelopment Agency, the Hayden Tract benefits from a high concentration of crea- tive office uses, East Washington benefits from having the largest concentration of art galleries in Los Angeles County and the TOD district benefits from is connection to the region by the Exposition Light Rail Line. During the public outreach process, the following opportunities and challenges were identified for these areas: Opportunities: ? Take advantage of the newly constructed Expo Line to provide greater connectivity, i.e. shuttle service, pedestrian/bicycle ? Create public-private ventures to resolve lack of district parking ? Collaborate with property owners to provide greater amenities (service-retail and restaurant opportunities) for employees in the Hayden Tract Challenges: ? Parking solutions limited due to loss of the Redevelopment Agency (RDA) ? Limited vacant land for developing solutions to parking and service-retail, as the City is built out ? Lack of fiber optic/high speed internet in the Hayden Tract and the Transit Oriented Development Districts 10 ATTACHMENT 1 13 DRAFT 11 West Washington and Sepulveda The West Washington-Sepulveda district was developed prior to the 1940’s and is comprised of retail/commercial and small office uses. The West Washington area benefits from recent Redevelopment Agency activities and as a result new restaurants have been established, which are having a catalytic effect on the rest of the area. The Redevelopment improvements included landscape medians, street graphics, en- hanced crosswalks, gap loans to qualified business, commercial rehabilitation grants and architectural services. The Sepulveda Boulevard corridor, also known as Culver Village, is located between Venice Boulevard and Centinela Avenue. Culver Village is an area with tremendous development opportunity, but lacks character and identity. Culver Village and West Washington are gateways to Culver City due to their location. The City currently is working with area businesses to establish a business association. ATTACHMENT 1 14 DRAFT The following opportunities and challenges have been identified for these areas during the public outreach process: Opportunities: ? West Washington is freeway accessible, strategically located adjacent to Marina Del Rey and as a result is developing “cachet”, which should attract new growth ? Current landowners in the commercial area are desirous of collaboration with the City to enhance the district ? Provide public transportation and connectivity ? Provide additional streetscape and façade improvements to those previously provided south of Culver Boulevard and north of Franklin Avenue Challenges: ? Limited options for creating more parking ? Limited City resources to provide needed, expanded streetscape improvements Jefferson Corridor The Jefferson Corridor, located on Jefferson Boulevard between Overland Avenue and Duquesne Avenue, was developed in the 1960’s to accommodate manufacturing uses. The Jefferson Corridor has untapped development opportunity, but lacks character and identity. The area benefits from recent private investment and as a result has seen an influx of new creative office uses. Opportunities: ? Focus on existing creative office market to solicit potential tenants ? Develop 10100 Jefferson Boulevard to provide much needed parking in the area ? Create public-private ventures to develop parking ? Home to many nationally recognized businesses (Nantworks, National Public Radio, Scopely, HOK Architects) Challenges: ? Lack of amenities (few services and restaurants) ? Land uses not integrated ? Lack of available parking 12 ATTACHMENT 1 15 DRAFT 13 Current Economic Development Projects The City has pursued several major economic development initiatives within the study areas shown on the map below. These include streetscape improvements as part of “Area Improvement Plans” along the West Washington Boulevard, the Baldwin mixed use development and the Washington Centinela Market Hall, redevelopment of Parcel B in the downtown, Tilden Terrace affordable mixed use housing development, parking improvements in the Hayden Tract and Smiley Blackwelder areas and planning and implementation of the Washington National Transit Oriented Development and Transit Oriented Development District adjacent to the Culver City Expo Light Rail Station. These projects will help grow creative office uses, promote small business attraction and expansion, expand affordable housing opportunities and advance transit oriented development. Community Facilities Districts With the loss of Redevelopment Tax Increment Financing, cities must look to other forms of financing in order to achieve their project objectives. One form of ATTACHMENT 1 16 DRAFT financing that Culver City is examining the creation of Community Facilities Districts (CFD). Community Facilities Districts are an important financing tool available to counties, cit- ies, school districts and special districts to fund public improvements and services such as streets, sewer systems, public parking and other basic infrastructure, police protec- tion, fire protection, ambulance services, schools, parks, libraries, museums and cultur- al facilities. Community Facilities Districts are created by a local government agency in order to as- sist property owners who want to take advantage of below market bond financing. The district generally includes all properties that will benefit from the improvements to be constructed or the services to be provided. Similar to a benefit assessment district, the CFD will appropriate a special tax to each owner in the district based on mathemat- ical formulas that consider property characteristics such as use, structure and lot size. When project costs justify their use, municipal bonds may be sold by the CFD to pro- vide the capital needed to build the capital improvements or fund the services. Under California state law, the CFD is also entitled to recover expenses incurred to form the CFD and administer the annual special taxes and bonded debt. There are several po- tential areas in which the City may wish to create CFDs to advance streetscape and parking improvements that will enhance current projects and developments. 14 ATTACHMENT 1 17 DRAFT 15 PLAN IMPLEMENTATION Objectives, Strategies, Tasks, Timelines and Responsible Party The following provides goals and strategies for implementing the Plan. Implementation of the Plan begins with an economic development “vision statement” that will be used to guide work efforts. The following economic development vision statement for Culver City has been recommended: Culver City will foster innovation, creativity and positive economic development through strong partnerships among its business and civic leaders, residents, educators, non-profits and city government. The vision statement will be achieved by establishing measurable objectives. These objectives can best be achieved if there are clear strategies, assigned tasks, specific timelines and designated parties responsible for implementing them. Objective 1 - Collaborate with business owners, the Chamber of Commerce, commercial real estate developers and civic leaders to forge new alliances, job opportunities and generate increased revenue. Task 1 – Economic Development Districts ? Create and/or maintain district specific economic development entities (business improvement district or similar) that brings stakeholders together in order to satisfy district specific objectives. ? Explore creating non-profit entities where appropriate. ? Priority Level: Mid-level ? Time Frame: Establish new Districts within 12 months of approval of this Work Plan ? Responsible Parties: Economic Development staff, City Manager, stakeholders and the Chamber of Commerce. Task 2 – Process Improvement Group ? Create a Process Improvement Group within the City development/permitting departments including business and development stakeholders in order to reinforce a reasonable, predictable planning and permitting process that em- phasizes a customer service “friendly” attitude. This is especially important for City departments that deal directly with the public. This group should also address the need to create processes that allow the City to revisit, revise and adapt to changing needs of the community. ATTACHMENT 1 18 DRAFT ? Explore expedited permit processing. ? Priority Level: High ? Time Frame: Begin within 3 months of plan approval, and completed within 6 months. ? Responsible Parties: Permitting agencies - Community Development Department, Public Works Department, Fire Department and Chamber of Commerce. Economic Development staff or an outside consultant could be utilized to form this group and facilitate the meetings with business stakeholders. Objective 2 - Develop a comprehensive marketing and branding strategy that will continue to attract desirable commercial tenants to the City. Task 1 – Business Attraction, Retention and Expansion ? Organize a core stakeholder group comprised of the City Manager, Economic Development staff, Chamber of Commerce and local business owners, real estate brokers and developers to address business attraction, retention and expansion issues. The group should prepare a work plan and schedule monthly meetings in order to implement the work plan and regularly visit targeted businesses. ? Create a roundtable discussion with specific business clusters in order to under- stand/address issues affecting business operations. Business clusters include hotels, auto dealers, developers, commercial real estate brokers, tech business operators, etc.; ? Implement specific programs related to business attraction and retention (conduct business visitation, promote new businesses, identify potential busi- ness leases that are terminating in adjacent communities in order to attract them, survey businesses to identify operational needs and intentions); ? Priority Level: Highest ? Time Frame: Begin immediately ? Responsible Party: Economic Development staff, Chamber of Commerce, City Manager and stakeholders. Task 2 – Branding and Marketing ? Work with a core stakeholder group to brand and market the City as well as individ- ual corridors or districts, as deemed appropriate. This is an opportunity for the resi- dents and businesses to work with City Council members and staff to better define City redevelopment and Economic Development objectives, and to highlight and advertise the City’s strengths. This measure will provide an ongoing opportunity for the community to be more involved in planning the City’s future economic develop- ment direction. Marketing methods may include advertising in specialized trade magazines, sending letters of interest to desirable tenants, matching targeted busi- nesses with opportunity sites and establishing incentives programs to attract or re- tain specific businesses. 16 ATTACHMENT 1 19 DRAFT 17 ? Identify and market district strengths (i.e., Hayden Tract creative office/tech, arts district, arts, downtown, dining, shopping, entertainment, etc.). ? Assemble core stakeholder group and Chamber of Commerce to work with Economic Development staff to develop a marketing and branding strategy. The strategy should utilize social media and encourage tourism while promoting the City and its businesses. ? Create an environment that is a destination and that enhances the City’s tax base by increasing the amount of time shoppers, visitors and employees spend in the City. ? Promote art and cultural opportunities in order to attract, retain and expand busi- nesses that contribute to the City’s creative economy. ? Priority Level: High ? Time Frame: Begin in 12 months ? Responsible Party: Economic Development staff, Chamber of Commerce and stakeholders. A public relations consultant could assist with this task. Objective 3 – Identify workforce needs of City businesses and facilitate partnerships between the Chamber of Commerce, educational institutions and the business community to satisfy market demands. Task 1 - Align Education and Business Planning and Programming ? Align the labor force needs of Culver City businesses with the City’s educational system. Acknowledge the importance of a quality educational system to the future wellbeing and attractiveness of the City. ? Create collaborations among West LA Community College, CCUSD and business leaders to create educational programs aligned with the workforce development needs of area businesses. ? Priority Level: Mid-level ? Time Frame: Begin within next 12 months ? Responsible parties: Economic Development staff, Chamber of Commerce, education stakeholders. Objective 4 – Create infrastructure necessary to retain and attract desirable businesses and promote an innovative business environment through parking, technology and multi modal opportunities. Task 1 – Parking Improvements ? Increase the supply of parking through coordinated public/private efforts. ? Work with stakeholders to create innovative parking strategies that maximize the existing parking supply and increase parking opportunities in the City. The strate- gies should be sensitive to spillover parking in residential neighborhoods while sat- isfying the parking demands of City restaurants, retail shops and businesses. The potential parking improvements could include street vacations, automated parking, area valet programs and partnerships between the City and private property owners whereby public parking would be incorporated in new private development. ATTACHMENT 1 20 DRAFT ? Implement downtown parking strategies pursuant to the Walker Downtown Parking Study to maximize parking supply and increase revenues. Increased revenues should be used to address parking operations and maintenance costs. ? Establish parking districts with more flexible parking standards. ? Priority Level: High ? Time Frame: Begin within 6 months ? Responsible Parties: Economic Development and Planning Division staff, Public Works staff and City Manager The City has commenced planning for two parking districts with special parking regulations to accommodate parking needs as shown on the maps below. These parking districts may serve as a model for citywide parking recommendations. 18 ATTACHMENT 1 21 DRAFT 19 ? Research effects of metered parking on employees of City business while respect- ing the needs of the neighborhood residents. This can be done by hiring a parking consultant to work in conjunction with the City. ? Priority Level: High ? Time Frame: Begin in 4 months ? Responsible Parties: Economic Development staff, Public Works staff, City Manag- er and parking consultant. Task 2 – Fiber Optic and Improved Internet Service ? Establish Culver City as a leading-edge technology city by providing fiber optic connectivity to all City businesses and perhaps residents. Alternative methods of fiber ownership should be considered. ? Prepare and implement a Fiber Optic Master Plan reflecting best practices for providing fiber optic infrastructure to City technology businesses. ? Priority Level: Highest ? Time Frame: In progress ? Responsible Parties: Information Technology, Community Development and Public Works Department staff and City Manager The City is currently preparing a Fiber Optic Master Plan which identifies the areas below for dark fiber installation: ATTACHMENT 1 22 DRAFT Task 3 – Connectivity ? Connect the Culver City Expo Station to City businesses in order to reduce vehicle trips and the demand for parking in the City. Alternatives such as transit cards, smart car facilities, bike sharing and walk-ability should be considered. ? The City has designated the area around the Culver City Expo Station as a Transit Oriented Development District, with special zoning and public improvement requirements as shown in the maps below. ? Priority Level: Mid-level Tasks 4 – Pedestrian and Bicycle Improvements ? Research the potential for greater pedestrian and bicycle connections throughout the City including bike sharing ? Priority Level: High ? Time Frame: Begin in 12 months ? Responsible Parties: Community Development, Public Works, Transportation Department, core stakeholders, Chamber of Commerce and Consultant The City has examined the connectivity of the downtown, Hayden Tract and Helms Area. Possible opportunities for connection include pedestrian improvements, parking improvements in the TOD District to serve the Hayden Tract and Helms District and shuttle service offering entertainment and restaurant amenities to the Hayden Tract. 20 ATTACHMENT 1 23 DRAFT 21 Objective 5 – Utilize land use planning to enhance job growth and continued economic health throughout all areas of the City. Task 1 – Land Use and Job Generation ? Identify the types of land uses and related building types that promote job generation and job retention in order to encourage economic growth in the City. Establish a process by which the preservation or creation of job producing land uses is reviewed periodically by City staff. ? Time Frame: Begin in 12 months ? Responsible Parties: City Manager, Community Development Director, Public Works Director, Transportation Director and Consultant Task 2 – Inventory Financially Under-Performing Land Uses ? Inventory, research and analyze land areas of the City that appear to be underuti- lized, underperforming or antiquated. Create effective land use strategies for eco- nomic sustainability of the City. For example, the City has prepared preliminary re- development concepts for the Fox Hills area to identify future development opportu- nities. ATTACHMENT 1 24 DRAFT ? Priority Level: High ? Time Frame: Begin within 12 months ? Responsible Parties: Economic Development staff ? Improve the quality and supply of amenities and service retail for area businesses and their employees. Possible solutions could include temporary service retail licenses for food trucks, pop-up restaurants or rezoning of designated areas while maintaining sensitivity to the needs of permanent restaurants and services within the City who are reliant upon those businesses as patrons. ? Work with area businesses and land owners to identify needs and solutions to provide increased and improved service retail in closer proximity to businesses in order to reduce area traffic and positively impact employee productivity. ? Create an environment that is a destination and that enhances the City’s tax base by increasing the amount of time shoppers, visitors and employees spend in the City; and ? Explore activating Media Park with new coffee/retail service. ? Priority Level: Mid-level ? Time Frame: Begin in 18 months ? Responsible Party: Economic Development staff The City has commenced preliminary planning in the Fox Hills area as shown below: 22 ATTACHMENT 1 25 DRAFT 23 Objective 6 – Position the City to take advantage of economic trends and remain a leader of innovation in the Southern California region. Task 1 – Identify Future Economic Development Trends ? Survey future tech trends on the horizon. ? Convene tech business stakeholders to discuss technological innovations. ? Be on cutting edge of new tech business development. ? Survey Economic Development best practices related to tech business attraction. ? Repurpose obsolete land uses to foster “new tech economy,” job growth and related business expansion. ? Design/promote infrastructure/transit oriented growth to help promote tech business expansion. ? Promote Culver City’s creative and art and cultural economy through branding. ? Leverage relationships with local colleges and universities to grow entrepreneurial base and access potential tech opportunities. ? Promote City as a destination for tech businesses through business attraction. ? Maintain up to date real property inventory for tech business attraction and expansion, such as server rooms, multiple carrier gigabit internet, backup power, proper wiring and flexible HVAC. ? Create tech-centric amenities such as transportation access, restaurants, shopping services, bike rack and pedestrian improvements that are valued by tech businesses. ? Survey parking infrastructure to satisfy the parking needs of growing tech companies. ? Create property survey with reflecting tech-friendly criteria, and engage realtors to attract the right tech tenants and create the appropriate business climate via amen- ities, streetscape, etc. ? Enhance the City’s business base by supporting “new economy” businesses (tech, bio tech, media, design). Specific focus should be placed on attracting business- es that improve the City’s tax base. ATTACHMENT 1 26 DRAFT Economic Development Strategy – Outreach Discussion Items Fox Hills Area Preliminary Summary of Outreach Comments & Follow-up Projects Priority* Duration Applicable Area** Responsible Party*** Work Program Tasks 1 Increasing the Parking Supply H 3-12 months 12-36 months Citywide CDD/PW Short Term -Reduced cost of metered park- ing (e.g., Uplander) – Council consideration required. -Parking stall restriping (e.g., Uplander) – identify applicable streets, conduct outreach, im- plementation. -Automated surplus parking – research, Code amendment, Council consideration required. Long Term -Private parking initiatives – identify properties, work with owner(s) -CFD public parking initiatives/ parking garages – identify prop- erties, outreach, bond financ- ing, create CFD. 2 Fiber Optic Infrastructure H 1-6 months 6-18 months FH, HT, Jefferson IT/PW/CDD Short Term -Meet with Santa Monica to determine project scope. -Identify specific areas/path, infrastructure and budget. -Conduct outreach with busi- nesses/property owners. Long Term -Council consideration and pro- ject implementation. 3 Marketing, Branding & Identity H 1-6 months 6-18 months Citywide ED/Consultant Short Term -Conduct preliminary research Long Term -Draft RFP, Council considera- tion (WW, HT, FH) -Outreach with City and individ- ual districts -Create broad based City brand- ing campaign and logo/ materials, etc. -Brand individual districts 4 Area Ameni- ties M 3-9 months 9-18 months FH, HT ED/Planning Short Term -Temporary events, shops & services (monthly food trucks, farmers’ markets, printing, dry cleaning) Long Term -Land planning (identify new retail, office and open space areas) -Create a Main Street 24 Summary of Work Plan ATTACHMENT 1 27 DRAFT 25 Economic Development Strategy – Outreach Discussion Items East Washington – Hayden Tract – Downtown - Expo Preliminary Summary of Outreach Comments & Follow-up Projects Priority* Duration Applicable Area** Responsible Party*** Work Program Tasks 1 Increasing the Parking Supply H 3-12 months 12-36 months Citywide CDD/PW Short Term -Reduced cost of metered park- ing (e.g., Jefferson) – Council consideration required. -Parking stall restriping (e.g., Stellar) – identify applicable streets, conduct outreach, im- plementation. -Automated surplus parking – research, Code amendment, Council consideration required. Long Term -Private parking initiatives – identify properties, work with owner(s) -CFD public parking initiatives/ parking garages – identify prop- erties, outreach, bond financ- ing, create CFD. 2 Fiber Optic Infrastructure H 1-6 months 6-18 months FH, HT, Jefferson IT/PW/CDD Short Term -Meet with Santa Monica to determine project scope. -Identify specific areas/path, infrastructure and budget. -Conduct outreach with busi- nesses/property owners. Long Term -Council consideration and project implementation. 5 Local Wayfind- ing & Connec- tivity H 1-6 months 6-18 months Citywide, HT, DT CDD/PW/ Transportation/ Consultant Short Term -Wayfinding Long Term -Based on identity program, create wayfinding and regionally oriented signage. -Bike land and bike sharing. -Shuttle -Pedestrian paths 6 Process Im- provement Group M 6-18 months Citywide CDD/PW/ Fire/Finance/ City Manager Long Term -Expediting -Informational handouts (e.g., “How to Guide”). -Master studies. -Development Fees. -Review of City requirements, processes and solution orienta- tion. 7 Business Asso- ciations H 3-9 months 9-24 months FH, HT, AD CDD/Consultant Short Term -Conduct business outreach Long Term -Council consideration -District establishment ATTACHMENT 1 28 DRAFT 3 Marketing, Branding & Identity H 1-6 months 6-18 months Citywide ED/Consultant Short Term -Conduct preliminary research Long Term -Draft RFP, Council consideration (WW, HT, FH) -Outreach with City and individual districts -Create broad based City branding campaign and logo/materials, etc. -Brand individual districts 4 Area Amenities M 3-9 months 9-18 months FH, HT ED/Planning Short Term -Business attraction. -Develop electronic email database. -Temporary events, shops & services (art walks, monthly food trucks, farm- ers’ markets, printing, dry cleaning). Long Term -Code amendments -Restaurant/service uses. 5 Local Wayfind- ing & Connec- tivity H 1-6 months 6-18 months Citywide CDD/PW/ Transportation/ Consultant Short Term -Proximity Maps (market adjacencies – Expo, HT, AD, DT, Ballona Creek) -Simple signage additions to existing wayfinding. -Trial shuttle. -Bike sharing. Long Term -Wayfinding study, Council considera- tion, project implementation. -Bike lanes & bike path (Ballona Creek) -Shuttle -Security (lighting from Expo station) -Pedestrian paths and other streetscape improvements. 6 Process Im- provement Group M 6-18 months Citywide CDD/PW/ Fire/Finance/ City Manager Long Term -Expediting -Informational handouts (e.g., “How to Guide”). -Gross Receipt Tax review. -Review of City requirements, pro- cesses and solution orientation. 7 Business Asso- ciations H 3-9 months 9-24 months FH, HT, AD CDD/Consultant Short Term -Research Culver City Alliance (collaborative effort between the City and Chamber dedicated to nurturing a vibrant, healthy and profitable busi- ness climate in Culver City). Long Term -Council consideration -District(s) establishment 26 ATTACHMENT 1 29 DRAFT 27 *Staff Prioritization – H – Immediate Need, M – Future Need. ** Applicable Area – Fox Hills (FH), Hayden Tract (HT), Arts District (AD), Downtown (DT), West Washington (WW) ***Responsible Party – Community Development Department (CDD), Public Works (PW), Information Technology (IT), Economic Devel opment (ED), City Attorney (CA) Economic Development Strategy – Outreach Discussion Items West Washington - Sepulveda Preliminary Summary of Outreach Comments & Follow-up Projects Priority* Duration Applicable Area** Responsible Party*** Work Program Tasks 1 Increasing the Parking Supply H 3-12 months 12-36 months Citywide CDD/PW Short Term -Reduced cost of metered park- ing (e.g., Washington near 405 in process) – Council considera- tion required. -Email updates to affected busi- nesses on parking projects. Long Term -Develop catalytic projects with surplus public parking. 2 Marketing, Branding & Identity H 1-6 months 6-18 months Citywide ED/Consultant Short Term -Conduct preliminary research (west Washington is CC, freeway accessibility, destination, cache) Long Term -Draft RFP, Council consideration (WW, HT, FH) -Outreach with City and individ- ual districts -Create broad based City brand- ing campaign and logo/ materials, etc. -Brand individual districts 3 Area Amenities M 3-9 months 9-18 months FH, HT, WW ED/Planning Short Term -Business attraction to expand success of improvement areas. Long Term -Streetscape improvements to city westerly boundary. 4 Local Wayfind- ing & Connec- tivity H 1-6 months 6-18 months Citywide CDD/PW/ Transportation/ Consultant Short Term -Proximity Maps -Bike sharing, bike sharrows. Long Term -Wayfinding consultant, Council consideration (identify Culver City from 405 Freeway/Marina 5 Process Im- provement Group M 2-5 months 6-15 months Citywide CDD/PW/ Fire/Finance/ City Manager Short Term -Economic development staff to assist projects through plan review and construction. Long Term -Expediting (green initiatives) -Informational handouts (e.g., “How to Guide”). -Master studies (e.g. traffic) -Development fees (e.g., tree fund) -Review of City requirements, processes and solution orienta- tion. ATTACHMENT 1 30 DRAFT 28 Conclusion: In the aftermath of redevelopment, cities throughout California are searching for effec- tive economic development tools to create jobs, eliminate blight, revitalize communities and construct affordable housing. There is a void at the State level in addressing these concerns and it is apparent that each locality must find its own way forward to address community and economic development needs. Without tax increment and bond finance available through former redevelopment agencies, the economic devel- opment tool box is severely constrained. Cities must look to leverage existing commu- nity knowledge, assets and resources to develop long-term and lasting economic de- velopment strategies that provide tangible benefits. The purpose of the Economic De- velopment Implementation Plan is to survey the city’s strengths and weaknesses, eval- uate local market constraints and provide a strategy going forward to address the Plan findings. While the Plan provides a roadmap, it is intended to be a living, working doc- ument; one that will be drawn upon frequently to refresh and remind all stakeholders of the desired direction in which to move the City. This Plan should be revisited, and pos- sibly revised, on a yearly basis as the City and the economy evolves. In the course of preparing the Economic Development Implementation Plan, the City has engaged the community in a dialog on diverse economic development issues. While the good ideas shared by community stakeholders in the series of economic de- velopment workshops are important in their own right, they also highlight one of the most important city assets – its people. Each of the City’s commercial and industrial districts has a wealth of stakeholder resources that should be called upon to help sup- port and implement the Plan. The City must continue the collaborative process it initiated with the Plan, working ef- fectively with its residents, schools and business community in order to find ways to achieve common economic development goals and ensure a healthy city economy. ATTACHMENT 1 31 DRAFT 31 Exhibits 1. Summary of Work Scope 2. Community Meeting Notes and Stakeholder Input ATTACHMENT 1 32 DRAFT 32 Exhibit 1 Scope of Work – Economic Work Plan 1.0 Develop Work Plan and Contract 1.1 Meet with City to review project scope and timeframe. 1.2 Develop work plan. 1.3 Develop contract for services. 2.0 Economic Base Analysis 2.1 Analyze the economic base of the City. 2.2 Hold two meetings with City and staff to review data and analysis of economic base. 3.0 Strengths, Weaknesses, Opportunities, and Threat Analysis (SWOT) 3.1 Facilitate three (3) focus groups to gather data and information on what the stake- holders believe are the strengths and challenges of doing business in the City. 3.2 Stakeholder participants in the focus groups will be determined by the City. . 3.3 Write a SWOT analysis utilizing the Economic Base Analysis and the information gathered from the focus groups. 3.4 Meet with City to review SWOT analysis. 3.5 Analyze designated commercial districts to ascertain the land use in each area. Determine the opportunities and challenges presented by each district. 4.0 Leakage Study 4.1 Develop a Leakage Study that shows where Culver City is leaking sales tax. 4.2 Analyze what economic segments are most at risk of leaving the City and what segments are most likely to be attracted to Culver City. 5.0 Market Analysis Report 5.1 Prepare a draft Report. 5.2 Meet with City staff to review. 5.3 Deliver a final Market Analysis Report. 6.0 Develop Work Plan 6.1 Work with City staff and key stakeholders to identify goals and strategies for implementing a successful economic development program. 6.2 Develop a matrix that identifies: Goals, Strategies, Tasks, Timelines, Responsible Parties 6.3 Submit Economic Development Work Plan to City Prepare Draft Work Plan and submit to City staff for comments. Submit one electronic and five hard copies of the final Work Plan af- ter incorporation comments from City staff. 6.4 Present final Plan to City Council. ATTACHMENT 1 33 DRAFT 33 Exhibit 2 Economic Development Outreach M Fox Hills, December 5, 2012 Discussion Items: ? Parking ? Request to reduce meter costs and offer monthly hang tags. ? Pilot project to assess demand by bagging meters which will help define long term options. ? Fiber ? Explore public vs. private options, speed, costs and existing utilities. ? Marketing, Branding & Connectivity ? Fox Hills or another identity. Putting the “area” on the map. ? Better connecting the businesses to the mall, the hotels and the surrounding area. ? Business Association ? Assessment district to help fund and maintain on going improvements. Hayden Tract & Downtown, December 7, 2012 Discussion Items: ? Increasing the parking supply; ? Providing amenities, including pop-up shops, restaurants, a farmers’ market and other needed services; ? Organizing an association of property/business owners to address area needs; ? Providing high speed internet access; ? Marketing the City (including specific areas), its attributes and its central location; ? Fostering synergy amongst creative employees, as well as between the restaurants and businesses; ? Improving connectivity (shuttle, bikes, walkability) between Downtown, the Hayden Tract, Helms, East Washington, La Ballona Creek and the Expo line. ATTACHMENT 1 34 DRAFT 34 Exhibit 2 West Washington, December 12, 2012 Discussion Items: ? Improving the permitting process (expediting, shortening plan check submittals, master studies, development fees, city requirements) ? Creating a vision for the City’s future; ? Organizing an association of property/business owners to address area needs; ? Marketing/Branding the City and the area’s attributes and central location; ? Improving connectivity (shuttle, bikes, walkability) to/from other areas of the City. Economic Development Outreach, February 28, 2013 Discussion Items: ? Culver City is a convenient, affordable Westside City with small town charm and a close-knit community; ? Top Culver City amenities include: parks, restaurants, downtown’s revitalization, accessibility to decision-makers, abundance of activities, and the City’s quality school system. ? Concerns include traffic and congestion, City finances and employee pensions, and increased commercial and residential density. ? Economic efforts should focus on: 1. Maintaining and improving City infrastructure; 2. Preserving residential neighborhoods and character; 3. Attracting community serving uses to create better balance and cohesion between residents, businesses, and park visitors; 4. Exploring opportunities to improve Veterans Memorial Park, such as removing nearby parking meters and attracting a coffee shop/kiosk; 5. Promoting the City’s entertainment image; 6. Addressing changing demographic needs (young and old); 7. Enhancing local healthcare by further exploring: ? Regional partnerships; ? Healthy City initiatives; ? Advances to medical office space and services; ? The future of Brotman Hospital; ATTACHMENT 1 35 DRAFT 35 Exhibit 2 8. Identifying opportunities to divert cut-through traffic around the City; 9. Improving bus transportation perception and connectivity (small shut- tles/trolley/DASH, bike sharing, walkability) within Culver City and between the Expo, LAX and surrounding areas; 10. Ensuring that the Fox Hills and Blair Hills communities are connected to Culver City. Economic Development Outreach, March 7, 2013 Discussion Items: Culver City is a convenient, affordable Westside City with small town charm and a close-knit community; ? Top Culver City amenities include: parks, restaurants, downtown’s revitalization, accessibility to decision-makers, abundance of activities, and the City’s quality school system. ? Concerns include traffic and congestion, City finances and employee pensions, and increased commercial and residential density. Economic efforts should focus on: 1. Maintaining and improving City infrastructure; 2. Preserving residential neighborhoods and character; 3. Attracting community serving uses to create better balance and co- hesion between residents, businesses, and park visitors; 4. Exploring opportunities to improve Veterans Memorial Park, such as removing nearby parking meters and attracting a coffee shop/kiosk; 5. Promoting the City’s entertainment image; 6. Addressing changing demographic needs (young and old); 7. Enhancing local healthcare by further exploring: ? Regional partnerships; ? Healthy City initiatives; ? Advances to medical office space and services; ? The future of Brotman Hospital; 8. Identifying opportunities to divert cut-through traffic around the City; 9. Improving bus transportation perception and connectivity (small shut- tles/trolley/DASH, bike sharing, walkability) within Culver City and between the Expo, LAX and surrounding areas; and, 10. Ensuring that the Fox Hills and Blair Hills communities are connected to Culver City. ATTACHMENT 1 36 DRAFT 36 Exhibit 2 Economic Development Outreach, March 20, 2013 Discussion Items: ? Parking 1. Request to reduce meter costs and offer monthly hang tags. 2. Pilot project to assess demand by bagging meters which will help 3. Define long-term options. ? Fiber 1. Explore public vs. private options, speed, costs and existing utilities. ? Marketing, Branding & Connectivity 1. Fox Hills or another identity. Put the “area” on the map. 2. Better connecting the businesses to the mall, the hotels and the sur- rounding area. ? Business Association 1. Assessment district to help fund and maintain on-going improvements. ATTACHMENT 1 37 DRAFT ATTACHMENT 1 38 DRAFT Prepared By: Community Development Department Economic Development Division November 2013 DRAFT ATTACHMENT 1 39 DRAFT November 2013 Fox Hills Master Plan and Specific Plan 1. Introduction 2. Master Planning Objectives Program statement: Reimagine Fox Hills as a vibrant, mixed use creative office district, rebranded and marketed to high tech creative office tenants and redesigned to provide a common open space and biking network, shared parking opportunities, high speed internet service, efficient land parcelization and a new “Main Street” of retail, restaurants and services. 3. Area Description (Regional location and vicinity) 4. Existing Conditions and Constraints (zoning, development standards, building height, lot coverage, parking, open space, use) 5. Land Use Plan (Location and distribution of land uses, design opportunities, development incentives, public amenities, pedestrian connections, common open space) 6. Circulation Plan (Pedestrian movements, bikes, shuttle) 7. Parcelization 8. Utilities & Infrastructure (Fiber and utility upgrades) 9. Parking Short and Long Term (Parking reconfiguration, shared parking, curb parking, automated, location, design) 10. Marketing, Branding & Connectivity ? Putting the area on the map. ? Better connecting the businesses to Westfield Culver City, the hotels ? Business support (Association and assessment districts) 11. Implementation ATTACHMENT 2 411. Create and/or maintain district specific economic development entities (business improvement district or similar) that brings stakeholders together in order to satisfy district specific objectives. 2. Explore creating non-profit entities where appropriate. 3. Create a Process Improvement Group within the City development/permitting departments including business and development stakeholders in order to reinforce a reasonable, predictable planning and permitting process that emphasizes a customer service “friendly” attitude. This is especially important for City departments that deal directly with the public. This group should also address the need to create processes that allow the City to revisit, revise and adapt to changing needs of the community. 4. Explore expedited permit processing. 5. Organize a core stakeholder group comprised of the City Manager, Economic Development staff, Chamber of Commerce and local business owners, real estate brokers and developers to address business attraction, retention and expansion issues. The group should prepare a work plan and schedule monthly meetings in order to implement the work plan and regularly visit targeted businesses. 6. Create a roundtable discussion with specific business clusters in order to understand/address issues affecting business operations. Business clusters include hotels, auto dealers, developers, commercial real estate brokers, tech business operators, etc.; 7. Implement specific programs related to business attraction and retention (conduct business visitation, promote new businesses, utilize business software to identify potential business leases that are terminating in Venice and Santa Monica in order to attract them to CC, survey businesses in CC with leases terminating in an effort to retain them); 8. Work with a core stakeholder group to brand and market the City as well as individual corridors or districts, as deemed appropriate. This is an opportunity for the residents and businesses to work with City Council members and staff to better define City redevelopment and Economic Development objectives, and to highlight and advertise the City’s strengths. This measure will provide an ongoing opportunity for the community to be more involved in planning the City’s future economic development direction. Marketing methods may include advertising in specialized trade magazines, sending letters of interest to desirable tenants, matching targeted businesses with opportunity sites and establishing incentives programs to attract or retain specific businesses. 9. Identify and market district strengths (i.e., Hayden Tract creative office/tech, arts district, arts, downtown, dining, shopping, entertainment, etc.). 10. Create an environment that is a destination and that enhances the City’s tax base by increasing the amount of time shoppers, visitors and employees spend in the City. 11. Assemble core stakeholder group and Chamber of Commerce to work with Economic Development staff to develop a marketing and branding strategy. The ATTACHMENT 3 42strategy should utilize social media and encourage tourism while promoting the City and its businesses. 12. Promote cultural opportunities in order to attract, retain and expand businesses that contribute to the City’s creative economy. 13. Align the labor force needs of Culver City businesses with the City’s educational system. Acknowledge the importance of a quality educational system to the future wellbeing and attractiveness of the City. 14. Create collaborations among West LA Community College, CCUSD and business leaders to create educational programs aligned with the workforce development needs of area businesses. 15. Increase the supply of parking through coordinated public/private efforts. 16. Work with stakeholders to create innovative parking strategies that maximize the existing parking supply and increase parking opportunities in the City. The strategies should be sensitive to spillover parking in residential neighborhoods while satisfying the parking demands of City restaurants, retail shops and businesses. The potential parking improvements could include street vacations, automated parking, area valet programs and partnerships between the City and private property owners whereby public parking would be incorporated in new private development. 17. Implement downtown parking strategies pursuant to the Walker Downtown Parking Study to maximize parking supply and increase revenues. Increased revenues should be used to address parking operations and maintenance costs. 18. Research effects of metered parking on employees of City business while respecting the needs of the neighborhood residents. This can be done by hiring a parking consultant to work in conjunction with the City. 19. Establish Culver City as a leading-edge technology city by providing fiber optic connectivity to all City businesses and perhaps residents. Alternative methods of fiber ownership should be considered. 20. Prepare and implement a Fiber Optic Master Plan reflecting best practices for providing fiber optic infrastructure to City technology businesses. 21. Connect the Culver City Expo Station to City businesses in order to reduce vehicle trips and the demand for parking in the City. Alternatives such as transit cards, smart car facilities, bike sharing and walk-ability should be considered. 22. Research the potential for greater pedestrian and bicycle connections throughout the City including bike sharing 23. Identify the types of land uses and related building types that promote job generation and job retention in order to encourage economic growth in the City. 24. Establish a process by which the preservation or creation of job producing land uses is reviewed periodically by City staff. 25. Inventory, research and analyze land areas of the City that appear to be underutilized, underperforming or antiquated. 26. Create effective land use strategies for economic sustainability of the City. For example, the City has prepared preliminary redevelopment concepts for the Fox Hills area to identify future development opportunities. ATTACHMENT 3 4327. Improve the quality and supply of amenities and service retail for area businesses and their employees. Possible solutions could include temporary service retail licenses for food trucks, pop-up restaurants or rezoning of designated areas while maintaining sensitivity to the needs of permanent restaurants and services within the City who are reliant upon those businesses as patrons. 28. Work with area businesses and land owners to identify needs and solutions to provide increased and improved service retail in closer proximity to businesses in order to reduce area traffic and positively impact employee productivity. 29. Explore activating Media Park with new coffee/retail service. 30. Survey future tech trends on the horizon. 31. Convene tech business stakeholders to discuss technological innovations. 32. Be on cutting edge of new tech business development. 33. Survey Economic Development best practices related to tech business attraction. 34. Repurpose obsolete land uses to foster “new tech economy,” job growth and related business expansion. 35. Design/promote infrastructure/transit oriented growth to help promote tech business expansion. 36. Promote Culver City’s creative and cultural economy through branding. 37. Leverage relationships with local colleges and universities to grow entrepreneurial base and access potential tech opportunities. 38. Promote City as a destination for tech businesses through business attraction. 39. Maintain up to date real property inventory for tech business attraction and expansion, such as server rooms, multiple carrier gigabit internet, backup power, proper wiring and flexible HVAC. 40. Create tech-centric amenities such as transportation access, restaurants, shopping services, bike rack and pedestrian improvements that are valued by tech businesses. 41. Survey parking infrastructure to satisfy the parking needs of growing tech companies. 42. Create property survey with reflecting tech-friendly criteria, and engage realtors to attract the right tech tenants and create the appropriate business climate via amenities, streetscape, etc. 43. Enhance the City’s business base through “new economy” businesses (tech, bio tech, media, design), businesses that support these uses and those that support the retail needs of local residents. Specific focus should be placed on attracting businesses that improve the City’s tax generation base. ATTACHMENT 3 44