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2004 Workshop Reports -
Economic Base Discussion Forum

Background

The Cost of Living (COL) report shows that Yellow Springs is a highly educated community, with most employed residents in management and professional occupations. As would be expected, the community has high median incomes compared to Ohio and the US. The percent of the working age population declined in 2000, which is due in part to changing demographics (i.e., a smaller working-age cohort); but is primarily due to fewer employed persons among the working age cohort (working age = 16+; the percent is affected by the number of retired persons).

Challenges

The discussion group identified the following two major challenges. The full list of challenges follows the priority challenges.

  1. Retention & Expansion of McGregor
  2. Lack of Support for employers - Professional, Commercial, Industrial, and Educational

The community lacks consensus on the nature or importance of its economic base. All challenges and solutions are a matter of "AGENCY." Agency is described as a need for all Village residents to take ownership and to reach a consensus on the true nature of the Economic Base, the challenges/problems/issues as well as the solutions.

We recognize/accept an "Image Stigma." Yellow Springs is often viewed as a "counter-culture," having a negative connotation (the anti-image – against business, big industry, etc). Yellow Springs is not perceived as much for what it stands for as what it stands against. This image negatively impacts retention of existing businesses and attraction of new businesses.

The Village’s image: village of hippies, not very friendly to "outsiders," highly educated residents with a high level of tolerance for "own thing," healthy - with alternative or ‘holistic’ services, environmentally sound, artistic community, perhaps ‘aging’ activists, with a local media which often chooses to reflect/promote a negative image through its articles.

Yellow Springs has a fairly diversified economic base, making it more difficult to define targeted development strategies. To serve and promote the diverse business base, Yellow Springs can adopt "third wave" economic development strategies—building institutional and human capacity to create a competitive environment. (Third wave strategies differ from smokestack chasing strategies of the first wave, and incentive programs to targeted industries that marked second wave strategies.) Such development strategies also focus on strengthening assets that support the competitive environment such as the arts, the health care system, and tourism and natural resources.

The Economics of Village housing/infrastructure for visitors, residents, and services is a challenge. Although set within an area inviting to visitors – a beautiful, natural setting, surrounded by State Parks – the Village is extremely limited in housing, as well as Village facilities and accommodations for short-term or extended stay visitors; for example, there is inadequate hotel housing, transportation, and food services. The community must identify what "redevelopment" areas are available.

The community needs to define what and who it seeks to attract. In terms of housing, the community needs to decide what type is most desirable (rental versus new owner). Or what type of residents does the community want to attract: an ‘aging’ population or a more ‘youth’ oriented population?

Should the community be aiming for an industrial/commercial focus or does it want to attract high-tech industries? And the community often ignores the "agricultural base" associated with the Village. How should it be integrated into the on-going needs of the economics of the Village? How or should it be protected?

Yellow Springs needs to consider the financial impact of a possible downsizing at WPAFB. A new "realignment commission" has been formed. A new round of base closings or downsizing may have a highly negative financial impact on the Village. Much support comes from the base workforce, by those who choose to live in the Village or just heavily support it.

The small size of the Village itself is a key challenge. This limits the financial opportunities or even political support to be expected. The Village simply lacks the obvious resources of larger cities.

A community of highly educated residents is both the good and the bad news. What attitude or impact does this have on current or future community  actions?

The community lacks appropriate or clear boundaries, and requires "Edge Management."

Challenge 1: Retention & Expansion of McGregor - Challenges to Existence

  • The community is not supporting the Institution. The community needs to change the perceptions of a "lack of willingness" of the Village to change or grow into or with a "new" concept/vision of McGregor.
  • There are "branding" (i.e., image) concerns.
  • The institution needs to assemble the land for campus growth (renovation – building – parking), including land area for long-term initiatives and  growth.
  • The community lacks critical & necessary services to support the vision.
    • Housing (on/off campus)
    • Hotels/Condo’s
    • Facilities
    • Hospitality Centers
    • Food / Restaurants / Catering
    • Banking / Financial Institutions
    • Transportation (public-within the Village)
    • Parking

Action Plan Concepts

  • Address Support Services…
    • Develop a series of Action teams to address Hospitality Facilities.
    • Hotels: short-term and extended stay facilities for students, teachers, special guests, conference attendees/speakers,conference centers.
    • Housing: on/off campus for students, long or extended stays.
      • Develop plans for new living facilities through renovation of current structures and building additional living quarters.
    • Food: Expand current / establish new Village food services. Extend current restaurant hours; expand food offerings (place/times), consider expanding the South Side for additional food courts
    • Transportation: Develop a Village public transportation system (trolleys, small busses, etc).
    • Hospitality structures: Develop large & small units.
  • Commit space / land to McGregor expansion needs.
    • Know both current / future needs.
    • Land: Dedicate land to build short & long-term facilities with adequate parking, housing, building and learning commitments.
    • Buildings: renovate and revitalize current buildings and areas.
    • Atmosphere: Prepare for a "whole setting" atmosphere for advanced education/instruction. Items to consider: a Conferencing Center, amphitheatre, large educational structures
  • Be part of the new legacy for Antioch / McGregor.
    • Help to establish a Community of Education not simply a school.

Challenge 2: Lack of Employer Support - Professional, Commercial, Industrial, and Educational

General Challenges

  • Lack of retention / support for the existing business base (large/small)
  • Perceived or real lack of incentives to attract new businesses
  • No Start-Up business attraction services available
  • Loss of commercial / industrial entities without knowing the reasons why
  • Lack commercial/industrial spaces
  • Lack space available for expansion of current business/education

Challenges to small businesses

  • No real efforts to retain / enhance
  • Identify challenges unique to small businesses
  • Separate small businesses into downtown & others issues because challenges are often different
  • Recognize need for Tourism / Visitors / Guests
  • The Village is often described as unfriendly
  • Media depicts - "outsiders" as "them"
  • Small Business skill needs: Often lack training in core competencies – Marketing, Computers, Business Plans
  • Need inexpensive new employee training/skills such as responsibilities, life-skills, work ethic
  • Need additional accommodations for overnighters/tourists hotels, motels, B&B’s, etc.

Action Plan Concepts

Work toward retention and support.

  • Identify allies – set priorities – partnerships – multiple avenues for help: Greene Co DOD, other partners and websites; Community Resources (Chamber, Merchant’s Association, CR CIC)
    • Create a Business Advisory Council with open/public forums 4 times year
    • Ask the Village to fund a position/person/resource -an expert available to answer questions, encourage development, give support to new / current businesses and act as a conduit for identifying space available, space needed, buildings, services, and to encourage relocation of business, people, and service.
  • Establish appropriate Training / Education Services
    • Know what the needs are and establish a listing of the where and how to get business skills, competencies, employee training or workforce development.
    • Discover and set new employee orientation competencies for small businesses through surveys and compiled documents. (Perhaps develop a mini-curriculum for local and regional high schools to add to life skills teaching.)
  • Develop a Commerce Park (Commerce Campus) (Education Park)
    • Work with the CR CIC.

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