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