Economic Development Goals and Strategies

Goals and Strategies

The following strategies and goals represent the first draft of a framework for the Redmond Economic Development Strategic Plan. This working draft framework includes foundational strategies, goals, and economic development strategies organized by thematic focus areas; detailed action steps for each strategy will be developed in future drafts. The framework will evolve through continued collaboration with the City of Redmond staff and stakeholders.

Foundational Strategies

Foundational strategies represent citywide initiatives that support the City’s vision for economic development. These ongoing initiatives are essential for economic growth and vitality and a high quality of life in Redmond. The economic development program should support these efforts to strengthen the City’s economic development environment.

  • Strategy F1. Regional Collaboration and Partnerships: Leverage partners across the region for organizational strengths and economies of scale in achieving aligned outcomes.
  • Strategy F2. Communication and Storytelling: Leverage citywide business engagement for relationship building and storytelling. Amplify a compelling narrative, including the economic impact and benefit for Redmond’s economic development program through strategic communications.
  • Strategy F3. Equitable Economic Mobility: Support and engage in city efforts that foster equitable economic security and mobility.
  • Strategy F4. Land use: Track and support the preservation and growth of needed business spaces in Redmond with particular attention to retail, manufacturing, and research and development spaces linked to key clusters in Redmond.
  • Strategy F5. Transportation: Encourage multimodal transportation infrastructure improvements that support employee travel and foster business development and expansion, and support business districts.
  • Strategy F6. Housing: Monitor and support policies that contribute to housing affordability and supply for workers at all skills and income levels to increase the workforce both living and working in Redmond.
  • Strategy F7. Livability: Support investment in quality-of-life amenities to attract and retain businesses and a diverse workforce.
  • Strategy F8. Sustainability: Embed the City’s sustainability goals within economic development business outreach and programing.  
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