Jobs and RFPs

Economic Development Director

Organization: City of Loveland
City: Loveland
Location: Colorado
Date Posted: June 28, 2024
Country: United States of America
Primary Category: Economic Development
Type of Position: Full Time

Description & Details

Job Description

The Position

The City of Loveland, Colorado, is seeking its next Economic Development Director. Serving in a city known for its quality of life, the Economic Development Director has the unique opportunity to shape the economic landscape of a city that prides itself as a thriving hub of commerce and innovation. Reporting directly to the City Manager, the Economic Development Director will provide leadership and direction to an integrated team of professionals within the Economic Development Department.

The Director will represent the City in business-related matters, lead complex negotiations for property acquisitions and redevelopment projects, develop and implement strategies to retain and expand existing businesses, attract new enterprises, and enhance the City’s retail, commercial, and industrial tax base. The Director will support new and relocating businesses, forge partnerships with local economic development entities, and collaborate with community organizations to enhance workforce skills. Additionally, the Director will oversee goal setting, respond to public inquiries, and work to resolve business related issues. The Director is also responsible for tourism, which includes the operation of the City’s Visitors Center. As a technical advisor to the City Manager and the City Council on all economic development matters, the Director will prepare and present reports to the City Council and relevant advisory bodies.

The Director will also ensure that businesses are directed to the appropriate departments and that their needs are heard. Furthermore, the Director will collaborate with other community and regional economic development entities to enhance overall city and regional economic development performance. The Director will work to develop a common vision for economic development with the City Council and local organizations, including the Loveland Center for Business Development, Loveland Chamber of Commerce, Visitors Center, Downtown Development Authority, Utilities Key Accounts representatives, Community and Strategic Planning, and the Development Review Team, based on an economic development plan updated every five years. They will partner with the community to promote Loveland events and festivals, encouraging tourism and local community pride.

The Director retains a diverse, highly qualified staff and provides direction, growth, and development for direct and indirect reports, championing and embodying the City’s mission, vision, values, and culture.

Priorities

  • Build strong relationships with community partners, including the Chamber of Commerce, Downtown Loveland Association, brokers, real estate agents, and sector leaders. Actively engage with these groups to understand and leverage community connections for economic growth.
  • Update and reset Loveland’s economic development master plan, ensuring it aligns with the City’s long-term vision and strategic goals; engage with private sector partners, boards and commissions, Chamber of Commerce, and other key stakeholders.

The Successful Candidate

The next Economic Development Director has vision and is energized by the opportunity to drive Loveland’s ongoing economic viability. This accomplished leader understands the broader vision, adeptly communicates it, and collaborates to shape the City’s future. The Director is driven and instills confidence through their wealth of experience and demonstrated ability to bolster a thriving economy.

The Economic Development Director is a driven leader who recognizes the importance of collaboration, relationships, and partnerships at all levels. With a proven commitment to public service, the successful candidate navigates political relationships with ease, values diversity of thought, and believes in fostering mutual respect. Exceptional communication skills ensure stakeholders are consistently informed, while the Director’s holistic approach fosters strong interdepartmental relationships, fortifying collaborative endeavors citywide.

The Director stays abreast of emerging trends and best practices, actively participating in regional and national associations to glean insights that positively impact the community.

Proficient in a range of economic development tools and strategies, the successful candidate adapts fluidly to evolving priorities, remaining steadfast in achieving established objectives. Financially savvy with a strong understanding of Tax Increment Financing (TIFs) and pro formas, they negotiate well and are adept at handling differing viewpoints. Their thick-skinned and resilient nature equips them to navigate challenging political climates, while their dedication, personable demeanor, and passion for Loveland drive their commitment to the City’s prosperity.

With strong project and people management skills, the Director is a visionary capable of strategizing for the long-term and executing tactical plans with precision. Their excellent communication abilities enable them to build and maintain relationships across various stakeholders, further solidifying their role as a cornerstone of Loveland’s economic development.

Qualifications

Minimum requirements include any combination of education and experience equivalent to a bachelor’s degree in business, economics, public administration, or a related field. A minimum of six (6) years of experience in economic development and three (3) years of experience in a supervisory/managerial position along with experience utilizing statistical tools and data analysis in relation to business recruitment and development. A valid driver’s license is also required.

Preferred qualifications include a master’s degree in a related field and/or IEDC certification. Demonstrated experience working in a high growth and highly competitive environment is strongly preferred. Working in both the public and private sector and tourism are valued but not required.

Inside The Organization

The City of Loveland operates under the Council-Manager form of government, with a City Manager overseeing all personnel and the day-to-day operations of the City. The City Council is a nine-member policy-making board that serves as the City’s legislative body, with eight members of Council elected by Wards serving four-year terms. The Council is led by the Mayor, who is elected by the community at large to serve two-year terms.

Loveland is a full-service city, providing its residents with Parks and Recreation, Cemetery, Police, Fire through Loveland Fire Authority, Library, Planning, Code Enforcement, Permitting, Power (electric), Municipal Fiber, Water, Wastewater, Economic Development, Finance, Human Resources, Information Technology, Municipal Court, and Cultural services. The Northern Colorado Regional Airport is located in Loveland along Interstate 25 and is publicly owned and operated through a partnership between the City of Loveland and the City of Fort Collins.

Inside The Department

Dedicated to fostering a thriving economic environment in the City, the Economic Development Department is led by the Director and has a staff of 9.5 FTEs. The Director has five direct reports, which include Business Development Project Manager, Business Development Specialist, Business Attraction Manager, Visitor Services Manager (who oversees the Visitors Center and works with an Advisory Board), and the Executive Assistant.

Mission: Grow employment and business opportunities to sustain the economic health of Loveland and the northern Colorado region.

Vision: Loveland is a community with a growing and diverse economic base that offers ample employment and business opportunities to all.

Loveland’s economy is robust, and growth is expected to continue due to ongoing development and strategic initiatives. The City’s economy has historically been built upon industries such as agriculture, manufacturing, and technology. Emerging or expanding industry opportunities include healthcare, arts and culture, tourism, and renewable energy. As regional economic development initiatives gain momentum and considerations for sustainability and community well-being become increasingly important in Loveland and the surrounding region, new opportunities and challenges are emerging both within and outside of the City’s existing industry clusters.

Loveland has substantial areas of undeveloped land that offer numerous opportunities for the future. While challenges are inherent in any city’s economic development, Loveland has a unique opportunity to shape its vision through the continued growth of the City. This may involve a greater focus on commercial and retail opportunities, place-making, tourism, and activation of underutilized spaces, as well as more protections and transparency for homeowners, renters, and prospective community members. With economic development as a core objective, Loveland is committed to creating an economy that is diverse, job-generating, and beneficial to all residents, regardless of race, ethnicity, gender, or background.

Visit the website for more information on Loveland Economic Development.

The Community

As the heart of northern Colorado, located just over 30 miles from Rocky Mountain National Park, Loveland is an ideal community for anyone to call home. Loveland’s education and income levels are above national averages, with over 35% of residents reporting bachelor’s degrees or higher. The community has received many awards and recognition for its quality of life. Northern Colorado is equal to Denver in its net migration of millennials and boomers to the area. The community is located approximately 60 minutes north of downtown Denver on the I-25 Corridor and 25 minutes south of Fort Collins, two of Colorado’s largest cities. Nicknamed “The Sweetheart City,” Loveland is world-famous for its Valentine Remailing Program. On Valentine’s Day for the past 70+ years, the Loveland Chamber of Commerce and local post office have teamed together to re-mail thousands of valentines from across the globe, each adorned with a unique stamp and poem designed by local artists.

Since the 1970s, Loveland has been a mecca for artists. Loveland’s affection for art is evident everywhere. With 1% of its eligible capital construction revenue devoted to art throughout the community, you’ll find sculptures, galleries, and public art. John Villani’s fourth edition of “The 100 Best Art Towns in America” even ranked Loveland in the number two spot. With more than 200 sculptures, three annual art shows, two of North America’s largest foundries, and two sculpture parks, it is easy to understand why Loveland is a destination arts community.

Loveland is quickly growing into one of the major retail and financial centers of northern Colorado. Attractions within the community include a retail lifestyle center with more than 70 specialty shops and restaurants, the Budweiser Events Center, and other nearby retail and hotel complexes. Historic downtown Loveland also has an eclectic selection of boutiques, shops, and galleries and can boast about its newest $80 Million development called the Foundry, which added a hotel, first-run boutique movie theatre, and housing.

Loveland offers a variety of indoor and outdoor activities enjoyable in every season. Parks and recreation facilities in Loveland include dozens of sports fields, an outdoor swimming pool, 27 playgrounds, 35 parks, and more than 5,000 acres of open space and natural areas. Additionally, the community enjoys award-winning golf courses, numerous hiking and biking trails, and twelve different lakes, rivers, and outdoor swimming areas. With an average of 300 days of sunshine annually and low humidity, Loveland experiences pleasant weather year-round. Something is always happening in the community, from concerts, art and sculpture shows, theater productions, and professional hockey games to community celebrations.

Loveland is served by the Thompson School District, a leader in Colorado for K-12 education. There are many higher education institutions near Loveland, including the University of Colorado Boulder, the University of Northern Colorado in Greeley, Colorado State University in Fort Collins, and several community colleges.

Loveland was the first Hewlett Packard location outside of California and continues to provide a nice balance of high-tech and manufacturing firms. The innovation factor is high, with patent ranking annually in the top 50 cities in the U.S.

Quick Facts

  • Population: 79,292
  • Median Household Income: $65,486
  • Median Home Value: $357,100
  • Median Age: 40.8 years

All demographic information was sourced from the U.S. Census Bureau.

Compensation and Benefits

The expected hiring range is $135,900 – 166,500, depending on qualifications, with an excellent benefits package. The salary range for the position is $133,900 – $197,000. See more information at www.lovgov.org.

How to Apply / Contact

Apply for the Economic Development Director position