What is the economic development director?
Economic Development Director creates strategies for economic development on behalf of the city or community and also manages employees of the employees and members of the committee who work on the common objective of community development. Within this capacity, the director of economic development usually cooperates closely with the city managers and planners and other key city employees. To achieve the goals of greater economic development, directors are trying to attract new business to cities, stimulate economic growth through special urban projects and maintain and help strengthen the presence of current profitable companies in the city.
There are many administrative, tasks for economic development director. Several of these tasks include monitoring the amount of available business and ground spaces in the city, helping new businesses to move to the city, helping existing businesses to move or expand to new places in the city, and maintain strong -binding with local business persons, advice and special planningand committees. The Director of Economic Development must also locate and actively strive for special grants and other financing, which can benefit from the city's economic growth.
As a consultant for economic development, the director is also expected to provide expert advice to other departments in the city to support the community's economic objectives. During this position, the developer must also cooperate with the commissioners of the land -use planning, local chambers, local housing authorities, state, regional and city planners and a number of other federal, state and local agencies. The director of economic development also cooperates closely with banks and other sources of funding in an effort to stimulate the city's economy.
Economic Development Director commonly participates in civic meetings as well as the heads of special economic development group and committees on special projects. Out of SpecIial urban groups and committees, the director also represents her own city at regional meetings whenever necessary. At the same time, most economic development directors will be carried out or participated in special conferences on various types of economic growth and development on behalf of the city it employs.
Economic development director oversees the sale of land and other real estate owned by the city. If new land purchases are carried out on behalf of the city, the manager is also deeply involved in the process from the initial property selection to the final closure of the sale. The director's task is also to advertise the availability of land and buildings for commercial use or sale.