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Longwood's Economic Development Strategy |
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Longwood is in a unique and exciting position to continue to grow its already strong base of commercial, retail, and industrial development. With major economic drivers such as the Florida Central Commerce Park, the Orlando Regional South Seminole Hospital, and the SR 434, CR 427, and US 17-92 commercial corridors, Longwood is home to a diverse and highly skilled workforce. With ample housing opportunities and excellent connectivity to local and regional markets, Longwood embodies the "complete community".
Through innovative planning and development techniques, Longwood strives to be forward-thinking and visionary in its approach to economic development. To find out about new development strategies or upcoming projects, contact the Community Development Division of the Community Services Department. |
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What we have learned about Economic Development? |
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Longwood's approach to economic development is based on experience: an experience that has revealed some approaches that do work, and some that do not.
Development Strategies that DON'T work:
•Eminent Domain
•Development Committees and additional beaurocracy
•Developer “Cookie-cutter”, “Commodity Development”
Development Strategies that DO work:
• Plans based on timeless historic patterns
• Accounting for future market demographics (baby boomers)
• Providing a Destination Story and Citywide Design Standards
• Community Value Creation=Quality of the Experience=High Investment Opportunity=High Return to Public and Private Sectors |
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What does it take to succeed? |
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1. A successful vision is based on the ”Big Story to Sell”
2. Design Standards must match the Environment
3. Timing- Community must anticipate “Critical Mass”
4. Macro and Micro Strategy are aligned with the goals of the Community
5. Leadership
6. Private Sector Buy-in |
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