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City presents draft economic development strategic framework focused on tourism, technology and climate resilience
Summary
City staff and consultants presented a first draft of Palm Springs’ economic development strategic plan outlining five guiding principles: bolster existing industries, seed emerging clusters, reinvigorate business climate, strengthen community assets and expand capacity. No council action was required; staff expects a more final product in July.
City staff gave an informational presentation April 23 outlining a draft framework for a long-term economic development strategic plan that emphasizes balancing Palm Springs’ tourism legacy with emerging opportunities in technology, sustainability and creative sectors.
Chief Economic Development Officer Wayne Olsen introduced consultants Adam Fowler and Yuday Ram of Civil Economics, who presented five major principles to…
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