Fayetteville-Cumberland Economic Development Action Plan Project Steering Committee Meeting March 14, 2008 © 2005

Agenda Project Team and Overview Introductions Beyond Fayetteville Futures –Trends since 2001 Steering Committee Expectations Next Steps

© 2005 Project Team Project Manager: Chris Beacham, RTS, Inc. Project Director: Will Lambe, UNC-SOG Faculty Advisor: Jonathan Morgan, UNC-SOG Inder Nijhawan, FSU, School of Business & Economics Joe Mullis, Fayetteville Tech Community College Kathleen Gurley, FSU, School of Business & Economics Lewis Hershey, FSU, School of Business & Economics Dan Broun, RTS, Inc. Lydian Altman-Sauer, Public Intersection Project, UNC-SOG Margaret Henderson, Public Intersection Project, UNC-SOG Sylvia Pate, Center for Economic, Community Development, UNC-Pembroke Brent Lane, UNC Kenan-Flagler Business School Jason Jolley, UNC Kenan-Flagler Business School

© 2005 Introductions Name What is (are) your role(s) in the community? What is your interest in this project/process?

© 2005 Project Overview Revisit and update Greater Fayetteville Futures Project (from 2001) Produce an economic development action plan for next 3 years (and beyond) Engage the community in the planning process

© 2005 Beyond Fayetteville Futures: Key Trends Growth In 2006, Fayetteville was 70 th on Inc. Magazine’s list of country’s busiest boomtowns, up from 202 nd Multiple local/regional planning efforts BRAC-RTF Murchison Road Military business Defense Security Technology Accelerator Military Business Center

© 2005 Beyond Fayetteville Futures: Key Trends Downtown Downtown vacancy rate down from 52% (2003) to 28% (2007) New Organizations & Community Leaders What else has changed since 2001? What are the other trends we should take note of as we begin our work?

© 2005 Purpose Produce an economic development action plan for next 3 years (and beyond) that will help to position the community for impacts from BRAC and other economic, social and demographic trends

© 2005 Steering Committee Expectations What one thing do you want to see come out of this effort?

© 2005 Steering Committee Expectations What is one potential challenge or obstacle that we might face in this process (i.e., pitfalls, landmines)?

© 2005 Steering Committee Expectations What is the most important opportunity that this effort will help Cumberland County to take advantage of?

© 2005 Steering Committee: Roles and Responsibilities Local ambassadors for project Public communication Oversight/advice as project moves forward Others?

© 2005 Next Steps Public kick-off meeting Engage community stakeholders Schedule/location for monthly steering committee meetings Last Fridays, 8:30 AM? Schedule economic summit Schedule and commence interviews/focus groups/town hall meetings