City of Wheat Ridge Business Prosperity Plan

The City of Wheat Ridge is creating a forward-thinking strategy to guide decision-making and investments over the next decade. The plan will help Wheat Ridge build upon existing assets and recent growth to chart a path toward a resilient and economically vibrant future.

The plan will explore a variety of economic development and related topics, including:

+ Employment and workforce

+ Business vitality, retention, attraction, and mix

+ Opportunities for creative entrepreneurship

+ Land development and redevelopment opportunities

+ Growth of city’s tax base

+ Housing and quality of life

+ Community identity

Market informed: A comprehensive analysis of market data and existing conditions will be conducted, with key elements of the market assessment to include:

+ Evaluate current market dynamics and economic assets for the key market segments, including competitive positioning in relation to peer cities

+ Compare the local market with underlying national post-pandemic trends in demographics, lifestyles, and technology

+ High-level evaluation of market opportunities and vision for major commercial areas.

Community Informed: To better identify key challenges and opportunities, and to ensure that the plan is informed by a wide cross-section of community members, outreach and stakeholder engagement methods will include focus groups, one-on-one interviews, community events, and an online survey.

Implementable: The plan will include a detailed, tactical Implementation section, organized by achievable actions for each strategy, sequenced by short-, mid-, and long-term priorities, and will identify financial and organizational resources. “Quick wins” will be identified that can be accomplished within the first two years.

More information coming soon!!