A Stronger, More Resilient Economy.

Purpose

Develop an updated Five-Year FNSB Comprehensive Economic Development Strategy (CEDS). A CEDS is a locally based, regionally driven planning document that guides local government and community action.

A CEDS:

Brings the private and public sector together to develop a regional strategy and action plan.

Identifies projects and makes recommendations to support businesses, create more and better paying jobs, improve quality of life, and increase resilience.

Serves as a road map to economic resilience and prosperity.

Must go through a robust update every five years, with less intensive updates annually.

WHAT IS A COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY?

What Does a CEDS Include?

Numbers

that tell the FNSB story – people, economy, regional comparisons

An economic vision

that describes what we want our future economy to look like

Goals, objectives, and strategies

that are specific and measurable and describe what we hope to accomplish over the next five years

Implementation plan

that describes how we'll work on our priorities and measure progress

Comparative analysis

that examine the strengths, weaknesses, opportunities, and competitive advantages/ disadvantages for FNSB overall and by sector

How Can We Grow and Sustain Our Economy?

The CEDS will look at key components of the FNSB economy such as:

Industry Clusters

Key sectors that drive the FNSB economy

  • Education & Research
  • Energy
  • Healthcare
  • Military
  • Natural Resources (Agriculture, Forestry, Mining, etc.)
  • Visitation
Community Influencers

Supportive foundations that are needed to grow and flourish

  • Communications
  • Government
  • Housing and Land Use
  • Quality of Life
  • Transportation
  • Utilities
  • Workforce Development

Who is leading and guiding the process?

Project Team

The Fairbanks North Star Borough is leading the process with assistance from Alaska-based Agnew::Beck Consulting and their partners, Northern Economics, Information Insights, and PDC Engineers

Steering Committee: The FNSB Economic Development Commission will provide feedback on the planning process, spread the word about outreach and provide input on CEDS findings and recommendations.

  • Mayor Bryce Ward – Chair
  • Mike Meeks
  • Abigail Riggs
  • Paul Robinson
  • Russell Talvi
  • Frank Tomaszewski – Assembly
  • Matt Cooper – Assembly

WE NEED YOUR INPUT!

Get Involved

Today

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Tell us what You THink.

Share a comment or question. Email or call our team.

This Summer

June 19: Midnight Sun Festival

July 13: Greater Fairbanks Chamber of Commerce Business Luncheon

July 24: Golden Days Street Fair

July 30 - August 8 Tanana Valley State Fair

More Opportunities will be posted Soon!

Schedule

SPRING - FALL 2021

Discover and Listen

Invite input
Compile and analyze data
 

Invite input, compile & analyze data

WINTER 2021-2022

Draft and Review

Create vision, goals, strategies
Host Economic Summit
Prepare draft CEDS

Web Designer

SPRING 2022

Finalize and Activate

Adopt the CEDS
Take action on CEDS recommendations
 

Web Designer

Contact Us

Brittany Smart

Project Manager
FNSB Office of the Mayor
907-328-8027 (call or text)
907-459-1302 (direct)
brittany.smart@fnsb.gov

Shelly Wade, AICP

Public Involvement Lead
Agnew:::Beck Consulting
907-242-5326 (call or text)
shelly@agnewbeck.com