From our partners at Camoin Associates:
With a population of 10 million people, Los Angeles County is the most populous county in the nation. The county includes 88 cities that span an array of industry clusters, diverse occupational profiles and numerous cultures that contribute to the region’s exceptional character. The County faces pressing challenges in housing, transportation, and the environment, which must be mitigated to support a high quality of life for all residents. With a portfolio that spans housing development, grant management and business support activities, the Community Development Commission (CDC) of Los Angeles County desired a comprehensive strategic planning document to assure economic resiliency and growth for the next five years.
Camoin, along with project partner Maverick and Boutique, was commissioned to prepare a Comprehensive Economic Development Strategy (“CEDS”) for the CDC. The project team will conduct numerous multidisciplinary workshops with stakeholders to uncover the sectors with the greatest market potential and determine how the CDC can strategically allocate resources. Findings from these workshops will be combined with quantitative data and analysis to create actionable strategies that are grounded in reality and leverage the County’s numerous existing assets.
While this project is still in progress, we anticipate that these multidisciplinary meetings will spark productive conversations between policymakers and County leaders. In addition to completing the CEDS report, Camoin is responsible for completing annual updates for the next five years. Camoin’s agile approach to this strategic planning process will allow our team to actively respond to changing market conditions as the plan is updated.
Keep checking back for updates on this project!