THE POWER OF REGIONALIZATION

June 2011

What are CEDS and why do we need them?

Strategies to coordinate and prioritize regional economic development efforts

Primary goals Create jobs Address existing economic challenges Capitalize on economic opportunities

To be eligible for funding opportunities

2011 CEDS update submitted to EDA in June 2011

Current CEDS: Regional Marketing & Communications Objectives

1. Regional Marketing – Develop during 2008 and ensure its ongoing implementation

2. Economic Team-Building – create program in 2008 and operate on a continuing basis

Regional Marketing

Marketing website infrastructure complete, continuing to incorporate enhancements

Targeted marketing initiative in process

Implement targeted marketing plan that included rebranding RGP as REX Development, 1 Region, 15 Towns, Unlimited Potential

Education & Team Building Program

Coalition built with local chambers

Joint projects/efforts with local chambers

Engage/educate town economic development commissions

REDFO Meetings

Current CEDS: Transportation Objectives

1. Tweed New Haven Airport – Increase enplanements to 100,000 and supply service to 3+ hub cities by 2010

2. Feeder Barge Service – Initiate feeder barge container shipping at Port of New Haven to move cargo by rail

3. New Haven – Springfield Commuter Rail –Initiate rail line by 2010 with future connection to Bradley Airport

4. Shoreline East/Metro-North – Increase ridership

5. Bus Service – Increase ridership

Expand Service at Tweed New Haven Airport

Agreement reached between New Haven & East Haven

Runway safety areas completed

Taxiway B and obstruction removal underway

Recruit new airlines, and routes from existing carrier

Build up business and community support for the airport

Port of New Haven Improvements

Draft strategic plan prepared with near-term port improvements submitted for ARRA consideration

Ongoing meeting with state officials to build political support for New Haven-based feeder barge service

Increase Commuter Rail Service with New Haven-Hartford-Springfield Line

Letters sent to Congressional delegation, Governor, state commissioners & Amtrak

Work with regional organizations along rail line to lobby efforts awarded a planning grant for the New Haven, Hartford and Springfield high speed rail project

Increase Ridership on Shore Line East & Metro North

Shore Line East weekend service implemented

SLE ridership increased by 13-15% MNR ridership increased by 4-5% ConnDOT taking delivery of new M-8

rail cars New MNR trains to State Street Station Work with New Haven and ConnDOT to

implement second garage and TOD at Union Station planning grant awarded

Increase Effectiveness & Ridership of Bus Service

CT Transit ridership in New Haven region increased 5.2%

Purchase of new buses

Ensure Adequate Funding in Region’s Roadways

Q Bridge under construction $14 million ARRA funding secured to complete all Urban Program

projects Ferry Street Bridge completed Rt. 1 Amtrak bridge under construction Housatonic River Bridge project funded

Current CEDS: Business Development Objectives

1. Regional Business Assistance Program – Develop & maintain business assistance strategy to help existing business grow or remain the region

2. Entrepreneurs & Start-Ups – Identify & assist prospective companies & entrepreneurs in emerging business sectors to start & grow new business ventures

Business Assistance Program

Marketing assistance seminar sponsored by EDC New Haven

Entrepreneurship & Start-Ups

Yale Entrepreneurial Institute expands summer fellowship into year-round incubator

$16 million in capital raised by YEI companies over past two years

Technology networking events organized by EDC New Haven

Current CEDS: Workforce & Housing Objectives

1. Incumbent Worker Training – Increase Incumbent Working Training funding to $1,000,000 by 2010

2. Community Colleges – Meet emerging workforce needs by supporting innovative workforce development efforts at Gateway and Middlesex Community Colleges

Current CEDS: Workforce & Housing Objectives

3. Workforce Housing – Improve the amount & diversity of workforce housing by offering design and policy resources to the region’s communities to help them address the region’s critical shortage of housing

4. School-to-Work – Build a coalition of public and private sector partners to engage in discussion of critical school-to-work issues

Increase Funding for Incumbent Worker Training

IWT funding maintained at 90% despite massive deficit

Support Community College Workforce Initiatives

Community College System green jobs training grant ($2 million) - $18,000/yr for 3 yrs each to Gateway and Middlesex

Connected manufacturers to Middlesex College Advanced Manufacturing program

Improve Workforce Housing

Town of Wallingford applied for zoning incentive payment under HomeCT law

Branford and West Haven approved for HomeCT technical assistance grants

New Haven applied/under consideration for HomeCT technical assistance grant

School-to-Work

New Haven school reform initiative – New Haven Promise

Include school to work in discussion of city reform initiative

Current CEDS: Land Use Planning, Policies and Regulations

1. Brownfields & Predevelopment Fund

2. Transit-Oriented Development & Smart Growth

Brownfields & Predevelopment Fund

Approved 3 new assessment projects and 1 remediation project

Applied for additional funding

Several projects under review

Transit-Oriented Development & Smart Growth

Town of Hamden adopted Smart Code zoning

Received Sustainable Community Grant

Received Tiger Grant

Moving Forward

All responsible parties review the Action Steps in the CEDS to identify new and existing programs & initiatives that support the CEDS

REX to develop tasks that support Action Steps & Objectives in conjunction with responsible parties

Tasks will incorporate outcome measures within specified timeframe

Build baseline performance measures around goals & objectives

Moving Forward

Build baseline performance measures around goals & objectives

Increase accountability for responsible parties

Funding Requirements

Introduce state legislation that would create a direct funding stream to the region