Economic Studies and Projects
Economic studies and projects are used by the city to help reach its economic vitality goals. Studies of potential new redevelopment sites and key segments of Boulder’s economy provide important information and insights to keep Boulder’s economy successful and thriving. In addition, updates on the Economic Vitality Program are provided to the City Council on a regular basis.
Maintaining Downtown Boulder's retail sales tax base and competitive position requires a strategic approach based on a deeper understanding of the strengths and weaknesses of the current retail mix, competitive environment, emerging trends, community needs and market potential.
In 2017, the City of Boulder and Downtown Boulder Partnership (DBP) commissioned a comprehensive and strategic review of Downtown Boulder retail and vibrancy. Study results will inform the development of a retail strategy that identifies and prioritizes recommended actions to maintain and enhance the appeal and economic vitality of Boulder's downtown in the face of a changing retail environment. The study will also serve as a foundation for a city-wide retail business sustainability study in 2018. The final Downtown Boulder Retail Vibrancy Study report will be released in the next few weeks.
On February 22, 2018, the city hosted a Global Trends and Retail 101 workshop featuring presentations by Brad Segal and Erica Heller of Progressive Urban Management Associates (P.U.M.A.) who provided perspective on top global trends impacting cities, secrets to successful downtown retail in a changing environment, and the implications for Boulder. An overview of findings from the Downtown Boulder Retail Vibrancy Study the firm conducted for the city and DBP was also presented.
In 2014, Boulder residents approved a ballot measure to exempt Boulder from state limitations on broadband investment. The City is now working with consultants, service providers, and other stakeholders to determine the best method for building out a broadband network in the city. More information can be found on the Connect Boulder webpage.
This study identified the issues, trends and needs of Boulder’s primary employers relative to the city’s existing industrial and commercial space. The findings from the Primary Employer Study were presented to the City Council on Aug. 28, 2012.
Diagonal Plaza is a commercial center of approximately 33 acres in northeast Boulder. Diagonal Plaza has been aging and the physical appearance of its buildings and improvements have declining. In 2010, the Department of Community Planning and Sustainability's redevelopment team defined a study area to evaluate options related to future redevelopment. The area included 15 properties, all under separate ownership. In 2010 and 2011, the city hired consultants for economic and redevelopment analyses and then reported the results to City Council.
The Economic Vitality and Community Planning and Sustainability staff periodically provide reports to City Council on the status of current economic vitality projects and progress made on program goals.