Lodi Finance Department

This document summarizes small group discussions from a community workshop for the City of Lodi's Economic Development Strategic Plan (EDSP). It identifies key priorities such as creating higher-paying jobs, growing the tax base, expanding consumer goods and services, and investing in infrastructure and community amenities. The plan aims to leverage under-recognized assets like the wine industry, municipal utility, and strategic location, while addressing challenges such as marketing deficiencies, city permitting processes, and a lack of amenities. It outlines priorities for new development, including industrial parks, educational institutions, and downtown revitalization, and targets diversification of foundational industries, expansion of existing businesses, and attraction of high-tech firms and specialty retail.

This preliminary framework for the City of Lodi's Economic Development Strategic Plan outlines strategic approaches and specific business targets. It includes a comprehensive SWOT analysis, identifies targeted industries for growth such as agribusiness, tourism, biotech, and advanced manufacturing, and proposes strategy categories covering marketing, development friendliness, business retention, placemaking, talent development, entrepreneurial support, industry attraction, and site readiness. The plan also identifies key geographic focus areas and partnerships to foster economic prosperity.

This document outlines the Lodi Economic Development Strategy (EDSP) for the City of Lodi, CA, focusing on expanding economic opportunities for its resident workforce, leveraging its historic downtown, and fostering development and redevelopment across commercial and industrial areas to strengthen the city's fiscal position. The strategy is built upon eight key categories: business retention/expansion, targeted industry attraction (Agribusiness, Food Processing and Technology; Arts, Entertainment, Recreation, and Tourism; Biotech/Biomed; Energy/Clean Energy; Manufacturing/Advanced Manufacturing), entrepreneurial development, branding/marketing, development friendliness, site readiness, placemaking, and workforce development. It emphasizes creating an environment conducive to economic progress by addressing foundational conditions such as business friendliness, land/zoning/infrastructure capacity, and overall quality of life.

This strategic plan outlines a framework to guide the City of Lodi's economic development policies and programs for the next five years. It focuses on eight key strategies divided into two main areas: Business Development/Job Creation and Creating an Environment for Economic Progress. Key initiatives include prioritizing business retention and attraction for sectors such as Agribusiness, Arts & Tourism, Biotech/Biomed, Energy/Clean Energy, and Advanced Manufacturing, alongside enhancing business friendliness, ensuring development site readiness, expanding placemaking initiatives, and strengthening workforce development. The plan aims to expand economic opportunities, leverage the historic downtown, create development capacity, and strengthen the city's fiscal position.

This document outlines the strategic process for economic development for the City of Lodi, emphasizing the value of local economic development. It aims to secure long-term fiscal strength, promote quality employment growth, and foster a balanced, amenity-rich community. The plan details approaches to business development such as retention, expansion, attraction of firms, and entrepreneurial development. It also highlights best practices including marketing, integration with workforce and land use planning, community image, and infrastructure. The EDSP process involves SWOT analysis, target industry analysis, real estate market analysis, and extensive stakeholder input to define goals, leverage assets, address threats, and identify new development opportunities.