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Cary Community Plan 11-04-2016 Part 1

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Foster a Resilient Economic Base and Diverse Workforce HOW WE WILL ACHIEVE OUR VISION HOW WE WILL ACHIEVE OUR VISION 1 Major Actions: • Study and identify business sectors with the greatest promise for diversifying our economic base; focus recruitment efforts accordingly. • Amend Cary's Land Development Ordinance and design guidelines to support the evolution of selected business and industrial parks to transform into Em- ployment Mixed-Use campuses. • Implement the policy initiatives in Chapter 2: LIVE that will promote the de- velopment of housing options that are affordable and appealing to a diverse workforce. Create a Business-Friendly Environment 2 Major Actions: • Create and develop initiatives in concert with the Chamber of Commerce to support the creation and growth of small busi- nesses, e.g. a small-business loan program, expansion of the façade improvement program, incubator space, etc. • Expand the role and make-up of the Economic Development Commission to review and identify improvements to ordi- nances, policies, fee schedules, and programs that would foster a business-supportive environment. • Partnering with the Chamber of Commerce, proactive- ly maintain a relationship with major employees, i.e. CEO roundtable, to identify cooperative efforts to improve the business climate. The CEO roundtable should be a working group of business leaders, Chamber of Commerce officials, Town staff, and other relevant stakeholders that meets at regular intervals to keep abreast of new challenges or oppor- tunities. Shown here are Town of Cary staff, elected officials, and the Cary Chamber of Commerce's execu ve staff touring sites together in Downtown Winston-Salem as part of the 2014 Cary Council - Staff Retreat. 41 COUNCIL PUBLIC HEARING DRAFT [NOV. 3, 2016]

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