Using Regionalism to help drive economic development EDCC Regional Economic Development Forum March 12, 2019
Commerce City--A community in metropolitan Denver, Colorado Denver
Regionalism: The common objectives, values and identifies that lead to region-formation and regional cooperation within a geographical area (micro or macro-region).
Regionalism in the 1970s here Community A Regionalism Community B + =
REGIONALISM = WORKING TOGETHER MOUNTAINS DENVER
Affordable Housing • Broadband • Economic Diversification • Foreign Direct Investment • Healthcare • Infrastructure and Roadways • Marketing • Tourism • Workforce Development REGIONAL initiatives-what are the possibilities…..
(1984 Headline) The Denver Economy: You Can’t Fall Off the Floor
“Come to where the business climate is warm and pleasant – Adams County.” Boulder County Business Report, 1984 • “I just want to steal all of Denver’s retail sales.” Aurora Mayor, Dennis Champine, 1986, when asked why he built the Aurora Mall just a few miles from the Denver border. The Metro Denver Story Quotes from History 1987--Metro Denver Code of Ethics created
Collaboration and trust between party lines is crucial. • Don’t reinvent the wheel—copy others’ ideas. • Define clearly who does what and who pays for what. • Define clearly what success looks like. • Over communicate. • Constructively manage conflict. • Celebrate successes together. Tips for successful regional collaborations
1A vote Aerotropolis Regional Committee Tower Rd-Pena Ramp and Widening Projects REGIONALISM - COMMERCE CITY
DEN Development Agreement • City and County of Denver and Adams County reached an agreement to amend the 1988 IGA. Voters approve Measure 1A in 2015. • Key components of the agreement • DEN will develop up to 1,500 acres • DEN will provide a $10 million up front payment to Adams County communities • DEN will share revenue 50/50 based on the 1,500 acre development area
PHASE I PHASE II PHASE III Competitive analysis, target market and roadmap development Branding, marketing and PR strategy Platform development and promotional execution Aerotropolis Regional Committee (ARC)Project Phases + + + + + BUILD DISCOVER FORMULATE CREATE LAUNCH MEASURE FORMULATE