Chapter 8: economic development
Guiding Principles
- Promote and support local small businesses
- Create and retain high quality jobs for working-age individuals
- Provide job training opportunities for job seekers, incumbent workers, and new entrants to the workforce
- Foster a business-friendly environment for existing industry and new prospects
- Strengthen partnerships between government, industry/businesses, and academic institutions to align and collectively pursue strategic priorities
Goals, Strategies & Objectives
Goal 1: West Monroe's economy is strategically diversified.
Goal 2: West Monroe offers a business-friendly environment.
Goal 3: West Monroe catalyzes and sustains partnerships that strengthen regional economic development.
Goal 4: New commercial and industrial development in West Monroe is consistent with its future vision map and economic development priorities.
Strategic Initiatives
- Improve land to catalyze new commercial development in Highland Park
- Develop Pointe West to incentivize development of new businesses
- Complete construction of the indoor sports complex
- Partner with the West Monroe-West Ouachita Chamber of Commerce to develop a one-stop shop for small businesses and entrepreneurs
- Promote available incentives online to catalyze industrial and commercial development
- Establish a fast track permitting program
- Partner with economic development organizations and institutions of higher education to support job seekers and dislocated workers with workforce training and job opportunities
- Construct gateway signage to attract more customers to shop and dine downtown