2012 AUGUST-MASHPEE EDIC Plan for Executive Park

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° work with. the Wampanoag Tribal Council on efforts to promote horticulture and hydroponics farming. Recommended Lone Ranee Plan The Plan's recommendations revolve around five key strategies: 1) building local capacity for economic development, 2) promoting new commercial and industrial development that conforms to the Town's environmental standards, 3) building on Mashpee's existing economic strengths, 4) developing alternative employment options for Mashpee residents and 5) ensuring that Mashpee residents benefit from regional economic activity and that the workforce development needs of local businesses are met. Strategy #1: Build Local Capacity for Economic Development A. The Town should augment the membership of the EDC so that it represents a broader segment of the Mashpee community. Q B. The Town should try to be a catalyst for promoting the development of a community development corporation(CDC) in Mashpee. C. The Economic Development committee should sponsor quarterly forums that bring together environmentalists with the business community to address areas of potential cooperation and mediate potential areas of conflict. Two immediate subjects for such forums are alternative wastewater systems and aquaculture development D. The Town should take steps to further streamline the permitting process by including a permitting review process as part of its computer network, developing a checklist for developers and appointing a single individual to coordinate reviews on a specific project. E. The Town should develop a visitation program that seeks to support local businesses. Strategy #2: Promote New Commercial and Industrial Development That Conforms to the Town's Environmental Standards 8 A. The Town should recruit new firms to the community as part of a balanced approach to economic development. B. The Town of Mashpee should work closely with the owners of the Mashpee Industrial Park on the development of a speculative building,on design guidelines and on marketing. C. The Town should develop an aggressive marketing effort that is oriented towards entrepreneurs and business owners rather than "industry" based. D. The Town should explore the feasibility of attracting higher educational institutions either individually or collectively to a site in Mashpee or a convenient upper Cape location. E. As a means of job creation, retail should not be Mashpee's priority project. However, to increase the local tax base, further retail development provides Mashpee with its best opportunity to address fiscal concerns. To maximize its potential, a retail business development and assistance program should be developed to help Mashpee residents pursue retail business ownership opportunities and strict guidelines should be developed that would discourage retailing deemed undesirable to residents. F. The EDC may want to add the development and funding of a long-term transportation capacity and management plan to its agenda,given its importance to future economic development. G. The EDC should publicize existing energy rate incentives and work with regional organizations on efforts to take advantage of opportunities arising from deregulation. U 21