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Plan for long-term economic development being prepared

Posted March 10, 2017

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A forthcoming economic development plan will seek to enhance Fort Worth's economic vitality and attractiveness.

Fort Worth launches its first economic development strategic planning initiative this month, a document that’s expected to provide guidance and strategies across the community for the next five years.

TIP Strategies, with offices in Austin and Seattle, won a request-for-proposal bid process against 11 other companies. The study is funded through a $350,000 allocation from the city’s general fund.

TIP Strategies was selected after an extensive review and interview process and was chosen based on its experience and quality of the team assembled, said Robert Sturns, director of the city’s Economic Development Department. The company has worked with more than 300 organizations in 37 states and four countries. It has engaged Fregonese Associates, JLL (Jones Lang LaSalle) and Isaac Barchas, director of the Austin Technology Incubator, to assist with the Fort Worth project.

The plan will outline a set of strategic initiatives to recruit new businesses to the area, attract and retain talent, develop the local workforce, and expand existing industry and business sectors, Sturns said. The document also will outline approaches to promote investment in targeted areas and enhance the city’s quality of life.

“This plan will be geared toward implementation as we seek to enhance the economic vitality and attractiveness of the City of Fort Worth, as well as strengthen its status in the North Texas region and as one of America’s most livable cities,” Sturns said.

“A successful economic development strategy requires significant stakeholder engagement. Meaningful opportunities for engagement will be available, including one-on-one interviews, issue-specific roundtables, town hall meetings, online surveys and social media.”

The report from TIP Strategies is expected by late summer and will guide decisions on the fiscal year 2018 budget, including additional resource allocation, staffing and programming. Longer-term strategies will be worked into future budget requests, Sturns said.

“Our goal is to have specific, defined metrics that will gauge how successful we are as a community in moving the needle forward on commercial investment value, wages, corporate attraction, workforce development, small-business development and revitalization activities,” he said.

At various stages of the process, document drafts will be provided to the Executive Committee and City Council. The schedule calls for the City Council to review the final document in late summer with implementation to begin immediately after approval.

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Human Relations Commission 50th Anniversary Celebration: 8 a.m. Oct. 20, 2017; A.D. Marshall Public Safety and Courts Building, 1000 Throckmorton St.

Public Art Dedication at Meacham International Airport: 10 a.m. Oct. 20, 2017; Meacham International Airport Administration Building, 201 American Concourse (Off N. Main Street).

Minority and Women Business Enterprise Advisory Committee Meeting: 11:30 a.m. Oct. 20, 2017; James E. Guinn Building, First floor, PharmaFab Conference Room No 116, 1150 South Freeway.
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Fall Festival: 7 p.m. Oct. 20, 2017; Fire Station Community Center, 1601 Lipscomb St.

Code Rangers: 9 a.m. Oct. 21, 2017; Hazel Harvey Peace Center for Neighborhoods, 818 Missouri Ave, Fort Worth, TX 76104.

Crud Cruiser Mobile Waste Collection: 9 a.m. Oct. 21, 2017; Gateway Church, 4205 Basswood Blvd .

Homeless Event: Mile in My Shoes: 11 a.m. Oct. 21, 2017; Southside Community Center, 959 E. Rosedale St.

Worth Heights Oktoberfest: 6 p.m. Oct. 21, 2017; Worth Heights Community Center, 3551 New York Ave.

Building Standards Commission Pre-Meeting: 9 a.m. Oct. 23, 2017; City Council Conference Room 290, City Hall, 200 Texas Street.
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Building Standard Commission Meeting: 9:30 a.m. Oct. 23, 2017; Council Chamber, City Hall, 200 Texas Street.
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Fort Worth Transportation Authority Commuter Rail Committee Working Session: 3:30 p.m. Oct. 23, 2017; 2nd Floor Community Room, Intermodal Transportation Center, 1001 Jones Street.
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Fort Worth Transportation Authority Planning, Operations & Marketing Committee Working Session: 4 p.m. Oct. 23, 2017; 2nd Floor Community Room, Intermodal Transportation Authority, 1001 Jones Street.
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Fort Worth Transportation Authority Finance & Audit Committee Working Session: 4:30 p.m. Oct. 23, 2017; 2nd Floor Community Room, Intermodal Transportation Authority, 1001 Jones Street.
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2018 Bond Election Public Meeting City Wide: 6:30 p.m. Oct. 23, 2017; Botanic Garden Lecture Hall, 3220 Botanic Garden Boulevard.

Las Vegas Trail Revitalization Project Meeting: 8:30 a.m. Oct. 24, 2017; Birchman Baptist Church, 9100 N. Normandale St.

Fort Worth City Council and Appointed Officials Conversation About Race and Culture: 10 a.m. Oct. 24, 2017; Oak Hall, Deborah Beggs Moncrief Garden Center, 3220 Botanic Garden Boulevard.
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Senior Spooky Social: 10 a.m. Oct. 24, 2017; Hillside Community Center, 1201 E. Maddox Ave.

Audit Committee: 1 p.m. Oct. 24, 2017; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

Fort Worth Housing Finance Corporation: 2 p.m. Oct. 24, 2017; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

City Council Work Session: 3 p.m. Oct. 24, 2017; City Council Conference Room 290, Second Floor, City Hall, 200 Texas Street.

Firefighters' and Police Officer' Civil Service Commission: 6 p.m. Oct. 24, 2017; Planning and Development Conference Room, Lower Level, City Hall, 200 Texas Street.
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City Council Meeting: 7 p.m. Oct. 24, 2017; City Council Chambers, Second Floor, City Hall, 200 Texas Street.

Board of Directors of Metropolitan Area EMS Authority D/B/A MedsStar Mobile Healthcare: 10 a.m. Oct. 25, 2017; MedStar Mobile Healthcare, 2900 Alta Mere Dr.
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Diamond Hill Jarvis Infrastructure Improvements Project Meeting: 6 p.m. Oct. 25, 2017; Diamond Hill Community Center, 1701 NE 36th St.

Historic Preservation Ordinance Public Input Meeting: 6 p.m. Oct. 25, 2017; Thistle Hill, 1509 Pennsylvania Ave.

Upper & Middle Village Creek Parallel Relief Main Project Meeting: 6:30 p.m. Oct. 25, 2017; Souder Elementary School Cafeteria, 201 North Forest Hill Drive Everman.

View the full city calendar.