Strategic Economic Development Plan

Mission Statement

The mission of the Strategic Economic Plan is to influence the existing and future landscape of Ormond Beach by being initiative-taking in business retention, expansion and attraction.

Macro Goals

Expand the Ormond Beach non-residential tax base and other revenue sources.
Provide for a variety of employment opportunities in Ormond Beach.
Maintain and increase financial wealth of Ormond Beach residents.
Ensure quality commercial and industrial development.
Increase participation and regional coordination of economic development efforts to eliminate redundancies.

Plan Summary

The five-year Strategic Economic Development Plan (SEDP) has been developed to serve the City of Ormond Beach as a guide to identifying key priorities in diversifying the City’s economy. The SEDP also identifies key challenges, ensures stakeholder consensus, and formulates recommendations for implementation of the SEDP.

The goals, objectives, and policies of the SEDP are designed in the three main areas of economic development: Retaining and expanding “Target Industries”, recruitment of jobs and capital investment, and redeveloping major corridors.

The Strategic Economic Development Plan is a document that City officials, residents, local businesses, and real estate investors should view as a tool in shaping the community's future financial viability.