Economic Development Toolkit:  The following are offered as economic development tools:  City of Flagstaff business attraction, retention and expansion information, and presentations by Buxton Company on analytics and healthcare and the Arizona Commerce Authority on Opportunity Zones. 

None.  The presentations are for information purposes only. Council will be provided information on the City of Flagstaff business attraction, retention, and expansion program material, healthcare analytics, and opportunity zones as they both relate to the Flagstaff economy.

The City of Flagstaff Economic Development office helps identify economic tools available to support Flagstaff businesses. Today we have presentations that offer economic tools that may be useful to Flagstaff businesses. Buxton Company delivers insights into consumer behaviors and insights into opportunities for specific sectors such as healthcare. The Arizona Commerce Authority is the economic development agency that delivers programs to help existing and prospective businesses at the state level.

Economic Development staff has been working with Northern Arizona Healthcare to better understand their needs and the needs of the healthcare sector in Flagstaff. At the same time, staff had been discussing the capabilities and products offered by Buxton consumer-based demographics and analytics. The Buxton representatives developed a healthcare service gap analysis and shared it first with staff and then with Northern Arizona Healthcare. Buxton will present their findings and other capabilities in their presentation to Council on February 25, 2020.

City Council also requested information on the new economic development and investment program known as Opportunity Zones. Representatives from the Arizona Commerce Authority (ACA) will present the program, how it works, and how the City of Flagstaff may best use the program.