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A History of Disinvestment

A History of Disinvestment. Inauspicious beginnings Persistent poverty Lingering effects of segregation It all adds up to a persistent bad reputation—often inaccurate, but still damaging.  Systematic Change is Needed . To break these vicious cycles,  Opa-locka  needs systematic reeducation:

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A History of Disinvestment

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  1. A History of Disinvestment Inauspicious beginnings Persistent poverty Lingering effects of segregation It all adds up to a persistent bad reputation—often inaccurate, but still damaging.

  2.  Systematic Change is Needed  To break these vicious cycles, Opa-locka needs systematic reeducation: Strategies that help existing businesses and residents do better Strategies to promote the City's assets and attract new investment This will require new partners: nonprofits and quasi-public agencies.

  3. Three Clusters of Strategies Strategy Cluster I: Traditional Economic Development Services Strategy Cluster II: Build on Opa-locka’s Assets Strategy Cluster III: Address Image and Identity Issues

  4. Strategy Cluster I: Traditional Economic Development Make use of existing programs Cultivate regional dominance in niche markets Help existing business expand Provide access to capital for micro-enterprises and small businesses Attract new businesses and encourage entrepreneurship Nurture a well-trained and skilled workforce

  5. Strategy Cluster II: Build on Opa-locka’s Assets Enhance and promote the City's distinctive character and identity Improve the built environment Develop tourism geared towards culture Address potential housing glut Implement a strategic capital improvements program Capitalize on the Airport

  6. Strategy Cluster III: Address Image Issues Confront crime Revive services organizations Make the case for Opa-locka as a place to live, work and visit Stay the course!

  7. These Strategies Should: Get more dollars circulating in the local economy Let those dollars circulate through the local economy longer Improve Opa-locka’s attractiveness as a real estate investment Boost Opa-locka’s reputation as a viable choice as a place to live, work, and visit 

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