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Webster Groves Business Development Commission

Draft Minutes

May 27, 2010

4pm, City Hall

 

1.       In Attendance: Charlie Downs, Aimee Rich, Pat Richards, Diane Drollinger, Greg Bratcher, Lee Moss, Chalegne O’Brien

2.      Roger Grow and members of the Farmers Market Board updated the BDC about the Farmers Market planning.

3.      Committee discussed the status of Explore WG; a meeting of the subcommittee was set.  Discussion of administration of the site occurred.

4.      The Commission reviewed financial information concerning the City’s primary sources of revenue, funds, principal taxpayers, major employers and other demographic and statistical information.

5.      A discussion of the goal assigned to the BDC was lengthy.  This goal states

Identify and pursue the revitalization of underutilized properties that have a potential for better commercial use and an increased tax base

·        Create a list of properties with a low tax base, are vacant commercial properties, or are properties with an unproductive use

·        Create and maintain a list of the five properties with the highest potential for development and focus on marketing them

·        Identify new types of businesses the community would support and pursue actions to attract them to locate in the City.

Ideas put forth include:

·        Review the Gould Evans Plan

·        Identify vacant commercial property and low tax properties

·        Educate existing and potential tenants about renting buildings and negotiating leases with landlords

·        Pursue collaborative efforts among landlords, businesses, and the City

·        Maintain a mix of retail/services

·        Pursue an understanding of the value of streetscaping

·        Find studies on the value of staging and visuals and aesthetics on business success

6.       Meeting was adjourned.