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Economic Development Strategy <br />DRAFT Vision, Goals, Strategies, and Actions <br />August 1, 2023 <br />Vision: Tukwila is a vibrant community with a strong and sustainable economy that celebrates and <br />empowers its diversity, supports economic prosperity for all residents, and sustains a foundation for <br />businesses of all sizes. <br />Goal 1: A Vibrant, Diverse, and Resilient Economy <br />Continue to strengthen and balance business growth, workforce development, and strategic housing <br />growth in Tukwila to ensure an adaptable and diverse economic base that leverages Tukwila's many <br />assets and ensures the City's financial stability. <br />Strategy 1A. Attract and retain office, R&D, high-tech manufacturing, aerospace, and life <br />sciences businesses. <br />Example actions: <br />• In the course of outreach to local businesses, assess the degree to which zoning and <br />related standards support business operations. <br />• Promote Tukwila to the priority business sectors by building relationships with key firms <br />and understanding their land, facility, infrastructure, and workforce needs. <br />• Actively assist businesses that also confer strong net financial benefit to Tukwila's <br />municipal revenue streams. <br />Strategy 18. Maintain support for and strengthen Tukwila's robust retail, dining, lodging, and <br />experiences sector. <br />Example actions: <br />• Continue and grow the Experience Tukwila program to proactively market shopping, <br />dining, and entertainment options available in Tukwila through targeted social media <br />posts and individual business highlights in appropriate forums. <br />• Host events, activities, pop -ups, and / or temporary markets that activate public spaces <br />and underutilized surface parking lots and contribute buzz and energy to surrounding <br />commercial districts. <br />• Continue supporting Explore Seattle Southside to market activities and amenities that <br />actively promote Tukwila as an option for overnight stays and layover breaks for air <br />travelers. <br />• Promote the Tukwila International Boulevard neighborhood as an authentic, <br />international district welcoming to visitors. <br />3 <br />