Economic Development

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Strategic Plan For Fiscal And Economic Sustainability

In June 2009, the City Council updated its Strategic Plan for Fiscal and Economic Sustainability [PDF]. The Strategic Plan, originally adopted in July 2007, is designed to serve as a work program for the City Council, City staff, and the EDC to promote and sustain fiscal and economic vitality in Newport Beach. It is intended, in part, as a companion document for the General Plan (adopted in 2006), to assist the City in implementing portions of the General Plan that affect economic development in the City. Beyond City land use and development policy, however, the Strategic Plan includes goals and objectives to enhance the business climate in the community.

The Strategic Plan focuses on a shorter time frame (three to five years) than does the General Plan, since economic conditions and priorities can change more rapidly than do planning goals related to community character and land use patterns. The Strategic Plan calls for regular reviews of progress and re-assessments of priorities.  2009 Annual Review of the Strategic Plan. (PDF)

Economic Development

Staff from the City Manager's Office and Community Development Department is available to assist anyone operating a business in Newport Beach or interested in establishing a business in Newport Beach.

The City has access to one of the best multiple listing services available in order to assist businesses with finding the perfect Newport Beach location and provide referrals to those handling the sale or lease of the available properties.  Staff also provides processing assistance in dealing with City permits and procedures on an as needed basis.

The City works closely with the Newport Beach Chamber of Commerce, the Corona del Mar Chamber of Commerce, Newport Beach & Company / Visit Newport Beach, and business organizations throughout Newport Beach in designing and implementing programs to enhance the economic vitality of the community.

For information on the Newport Beach business climate, please visit that page.


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