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Economic Summit November 3-4, 1999 60 Community Leaders

Kingsport will be a planned regional center for people and business – the community of choice for the Northeast Tennessee Valley. Vision & Leadership. Economic Summit November 3-4, 1999 60 Community Leaders Local Government, Business, Community/Neighborhood, State/Regional

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Economic Summit November 3-4, 1999 60 Community Leaders

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  1. Kingsport will be a planned regional center for people and business – the community of choice for the Northeast Tennessee Valley

  2. Vision & Leadership Economic Summit • November 3-4, 1999 • 60 Community Leaders • Local Government, Business, Community/Neighborhood, State/Regional • Visioning and Strategic Planning • Consensus Building • Groundbreaking

  3. Successful Cities By Mayor Bill Hudnut of Indianapolis 1976-1991 Have vigorous visionary leadership in their public and private sectors, which anticipates change and harnesses it to positive advantage.  Welcome the information age and embrace the postindustrial era while providing ways for people to come together.  Are driven by collaborative strategies. They find strength in diversity, partnership, and citizen participation in the community-building process.  Think and act globally, regionally and locally. Leadership reaches from neighborhood to regional to global. They work within the framework of a new paradigm.  Deliver services efficiently and cope effectively with urban problems such as security, education, housing, transportation, infrastructure, and environmental degradation.  Have a vibrant central city, limit “bad” sprawl, and promote smart growth. Cityship creates “places worthy of our affection”.

  4. Partnerships… for shared success Board of Mayor and Aldermen Boards of Education City Boards and Commissions Small Business Council Kingsport Convention & Visitors Bureau Economic Development Council Local Government Business Community CHAMBER OF COMMERCE CITY OF KINGSPORT KINGSPORT ECONOMIC DEVELOPMENT BOARD The Economic Development Partnership Of Kingsport Kingsport Tomorrow KHRA DKA KRIDS Model City Coalition Neighborhood Council TN Economic/Community Development Phipps Bend Joint Venture Sullivan County Airport NE TN Valley RIDA Community & Neighborhood State & Region

  5. The Process • Professional Economic Developer • Professional Economist / Demographer • SWOT Analysis • EQ / Structure Exercise • Matrix • Ranking/Prioritization • Post Summit Activities

  6. Ranking / Prioritization • Training/workforce development • Promote an entrepreneurial spirit • Diversify economic base • Attract new business / focus on information technology • Small business development / hire expert / tourism

  7. Post Summit • Mayor’s Ad Hoc Economic Committee • Benchmarking/Research • Roanoke, Chattanooga, Charleston, Spartanburg, Holland, Johnson City, Asheville, Blount Partnership • Structure • Communication • Major Plan Components

  8. Post Summit • Three major strategic directions: • Attract new businesses • Retain/expand existing businesses • Conventions / tourism

  9. First Steps and Stewards • RCAT / Northeast State / Educate & Grow Keith Wilson • Redevelopment Dave Clark • Infrastructure Jeff Fleming • Entrepreneurial organization Ray Griffin • Information technology Dave Sieg • Small business Bob Arrington • Web site development John Williams • Sports tourism and conventions Jenny Seguin • Economic development structure Miles Burdine • Assumptions of Economic Development • The Essence of Strategy = allocation of limited resources to achieve maximum results

  10. From 1999 To 2002

  11. RCAT/Educate & Grow "As far as I know this is unique," said Norma Kent, spokeswoman for the Washington, D.C.-based American Association of Community Colleges. "What they have done is admirable. It's wonderful, it truly is. I hope it sets a precedent." Associated Press Funds: • Local: $135,000 capital • City/County: $250,000 annual • Federal: $1,133,500 Yield: • Attract/retain youth • Workforce development • Downtown revitalization Status: • Tuition: 103 City/County students • RCAT: Opening Fall 2002 • 50 students applied, but received funding from other sources

  12. Redevelopment Plan Funds: • Local: $50,000 (seed money FY2002 Budget) • Federal: $58,000 (CDBG – FY2001 one-time to build capacity) Yield: • Prevent blight / stabilize neighborhoods • Offset economic obsolescence Status: • Kingsport Housing & Redevelopment Authority • Economic study / retail market capacity analysis complete • Public Hearing: February 2002 • Stonegate, Crown Point/Green Acres

  13. Redevelopment - Stonegate Ramco-Gershenson has a portfolio of 57 centers, over half of which are supermarket anchored, consisting of approximately 11.7 million square feet of gross leasable area. Private redevelopment initiatives: • Developer addressed BMA • Tightest retail market in many years • Land assembly (options) underway • Wal-Mart closed in October 2001 Public involvement: • Tax increment financing (TIF) • Fairview Avenue improvements • Possible water/sewer improvements

  14. Interstate 181 / Exit 55West Stone Drive (U.S. 11W) Center St W Stone Dr

  15. Redevelopment - Downtown Barker Building CompanyIn the Historic Bus Station Private redevelopment initiatives: • Willamette ($475m) • Barker Building Company ($3m) • Jitters / Allure / Guilded Nest • Intellithought (250 emp.) • Sullivan County Bank • Bank of Tennessee • DKMI Public involvement: • Public Works / streetscaping • Broad Street TEA-21 Grant • Parking fee structure • RCAT / Transit Center

  16. Redevelopment – Eastman / Stone Private redevelopment initiatives: • K-Mart Supercenter ($6.2m) • Lowe’s ($5.5m) • Cheddar’s ($1m) • O’Charley’s ($1m) • Schlotsky’s / SunCom • Kingsport Mall • Ward’s, Heilig-Meyers, Ames Public involvement: • Streetscaping • Disposition of property • Possible redevelopment district at Kingsport Mall

  17. U.S. 11W / State Route 93East Stone Drive - John B. Dennis - Eastman Road E Stone Dr John B. Dennis Brookside Industrial Park

  18. Redevelopment – Fort Henry Mall Wilmorite has maintained a position on the cutting edge of the shopping center business by creating, expanding, and remodeling centers as dictated by the changing lifestyles of our customers. Private redevelopment initiatives: • Stable, high-producing department stores • American Eagle, Marquee Cinema • Bath & Body Works, Victoria’s Secret, S&K, Birkenstock, Maurice’s, Waldenbooks, Jewelers Public involvement: • Tenant meeting • Meeting with mall management to discuss: access, signalization, signs

  19. Transportation Redevelopment Corridor Study

  20. Small Business Activity: • Holston Business Development Center • “Business incubation catalyzes the process of starting and growing companies. A proven model, it provides entrepreneurs with the expertise, networks and tools they need to make their ventures successful. Incubation programs diversify economies, commercialize technologies, create jobs and build wealth. Today, there are more than 900 of these programs in the United States, up from 12 in 1980.” – NBIA Status: • Partnership with Hawkins County • EDA grant secured • Application delivered last Friday

  21. Sports Tourism Activity: • Schumacher Study • AAU National Tournaments • Increased opportunities with existing facilities: volleyball, martial arts, girls basketball, fast/slow pitch softball “Schumacher said Kingsport's biggest asset for sports tourism purposes is the city's reputation among sports organizations across the nation - a fact he credited to the KCVB.” “The Jaguars' head coach concluded, "we've been to five national tournaments and this is the best news coverage, best sites and the best tournament we've played in, by far. The people are so nice and accommodating here. You wouldn't believe how we've been treated in some national tournaments. It's all together different here.''

  22. Meadowview Pointe Private Initiatives: • Meadowview Pointe • Damon’s Public Involvement: • Cost Benefit Analysis / Roadbuilding • Wilcox Drive, Ph I • John B. Dennis Widening (Aug 2002) • Kingsgate Crossing / Bays Meadow Pkwy • Interchange Justification Study • Engineering / APR

  23. Interstate 181 / Exit 51Wilcox Drive / John B. Dennis / Sullivan Gardens Parkway Meadowview Pointe (proposed) John B. Dennis Wilcox Dr

  24. 2002 Transportation Priorities

  25. Crossroads Private Initiatives: • CBL & Associates • Brooks-Petzoldt • Stewart Taylor Public Involvement: • Industrial Access Road • Exit 56 – May 2002 • Fordtown Road • Water/Sewer

  26. To Roanoke Interstate Park South I-181 (I-26) To Asheville Crossroads of I-81 & I-181Future I-26 / I-81 Exit 56 Kingsport Interstate Technology Park To Knoxville

  27. “Greatness is not in where we stand, but in what direction we are moving. We must sail sometimes with the wind and sometimes against it – but sail we must, and not drift, nor lie at anchor” Oliver Wendell Holmes

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