Laserfiche WebLink
<br />REVISED DRAFT MARCH 23, 2012 <br />Economic Sustainability. Economic sustainability was one of <br /> <br />The Bayfront An Asset and a <br />the topics that repeatedly surfaced during the Small Group <br />Liability <br />Interviews. Many times it was framed in the terms of a lack of <br /> <br />availability and diversity of commercial retail, restaurants, and other <br />As discussed throughout the public <br />non-industry business opportunities within City limits. Concerns <br />participation process,the Bayfront is <br />were expressed over the lack of choiceretail shopping opportunities <br />both an asset (for residents and <br />(e.g., only one grocery store), about the amount of tax money being <br />tourists), but also a liability (for retail <br />development). This is due to the fact <br />generated just outside of City limits (and conversely, not being <br />that larger national chain and <br />generated to support th and the <br />trade <br />apparent disinvestment of certain types of businesses (e.g., the <br />area which are identified <br />recent closings of the automobile dealerships, among others). <br />in their retail market analyses. The <br />Finally, there was a general concern that there was not much that <br />could be done to resolve these problems (see inset); that it was an <br />bayfront areas as effectivly halving <br />the potential trade area (market loss) unsolvable dilemma that has been and will continue to plague the <br />needed to development and sustain a <br />community due to being land-locked, not enough rooftops to <br />retail establishment. <br />generate commercial investment, and too much industry was <br /> <br />Source: Kendig Keast Collaborative. <br />deterring other forms of land use investment. The other part of <br />economic sustainability is being able to accommodate the normal, <br />but major shifts in local business and regional and global trends (e.g., a <br />dwindling feedstock). For a geographic area that is so closely tied to the <br />industry, this requires a dual approach that both promotes the <br />expansion of existing industry (e.g., the petrochemical industry), but also <br />plans for further economic diversification. <br />Need for a New Collective Vision. When the original comprehensive plan <br /> <br />was adopted in 2001, there was a defined consensus about what La <br />Porte should be in the future. The vision talked about La Porte becoming <br />- <br />sustainability, celebrating its history, balancing land uses, among other <br />things. In the past 10 years, there are many positive examples around <br />the City where the vision has been implemented, such as the recent <br />. However, <br />during the public participation efforts of this update process, the <br />members of the community made it abundantly clear that there is a <br />need to once again seek unity as to their vision for the future of La Porte. <br />Presently, there are diverging opinions on several fronts. By way of a few <br />examples, many expressed great need for increased access and <br />availability to commercial retail and other businesses within City limits, <br />others felt those needs were sufficiently provided just outside City limits. <br />Many expressed approval of <br />Street, while others felt that the City was not doing enough to bring back <br />Main Street. The value and purpose of this plan is to reengage the <br />1.4 <br /> <br /> <br />Chapter 1 <br /> <br />