The economic development strategic plan process is underway with our partners; the City of Albert Lea, Freeborn County, Albert Lea – Freeborn County Chamber of Commerce, and the Albert Lea Convention and Visitors Bureau. The plan will bring together a broad group of stakeholders to create five-year economic development strategic plan. The process is led by Ady Advantage, a specialized economic development and site selection consultancy that serves the needs of economic development organizations (EDOs) and relocating and expanding companies. Ady Advantage uses their in-depth knowledge of what businesses need to help EDOs craft effective business and talent recruitment, retention and expansion strategies and initiatives.
Staff from ALEDA will present the interim report findings followed by small group breakout sessions where attendees will discuss findings and record their thoughts to be shared with the consultants. The evening will end with an overview on how the rest of the project will proceed and the remaining phases and their timeline.
We invite you to please join us in this review and opportunity for feedback on initial findings. This is an excellent time for the community to get involved before the goals and visioning session takes place with representatives of the five agencies to determine the strategies the plan will focus on.