Ogden City is now in the eighth year of a community and economic development resurgence fostered by a comprehensive community and strategic economic development plan. The City has undertaken many economic development projects that have led to a renaissance of the City. This rebirth was focused on the Central Business District. In many of the initial projects, the City had to take on the role of developer to help foster the vision of what this renaissance might look like.
Prior to this resurgence, there was little reason for the private sector to invest in the community during much of the 1980's and 1990's as the core economic engine of the railroad no longer remained in Ogden. In those decades, economic decline became more pronounced as the City's infrastructure and primary real estate assets declined.
With any resurgence the work does not end. Much has been done to halt the economic decline. It is clear that the effort must be sustained. The effort needs to be comprehensive, multidimensional and ongoing over a long term. Key to continuing these efforts will be leadership and cooperation between local government and community organizations and developers and developing ongoing resources that can serve the community.
The five major strategies that have been identified as key to any community's future economic and community development are:
- Create financial and technical resources integrating Federal, State and local sources for the support of community and economic development activities in the City.
- Identification, acquisition and predevelopment of strategic target development areas that will have the most impact on the economic development of the City.
- Develop Strategic Partnerships with community based organizations to deliver and develop financial tools to the community at the lowest possible costs.
- Continued focus and development of the City's brand as the premier high adventure sports venue in the United States.
- Creation of business opportunities through supporting entrepreneurial and business expansion through continued resource development.
The City has recognized that for the strategies to remain viable, the goals of these strategic initiatives must also be:
- Catalyst for local financial and development organizations investment.
- Fill gaps and deficiencies in current market based products.
- Be responsive and focused on the needs of Ogden City.
- Supports both community housing and commercial needs.
- Establish methods for responsive and decisive decision making.