The Comprehensive Economic Development Strategy Plan (CEDS) for Metropolitan Kansas City, updated in 2014, is designed to bring together the public and private sectors in the creation of an economic roadmap to diversify and strengthen the regional economy.
The plan provides an analysis of the regional economy and serves as a guide for establishing regional goals and objectives, developing and implementing a regional plan of action, and identifying investment priorities and funding sources. The plan integrates the region’s human and physical capital planning in the service of economic development. Integrated economic development planning provides the flexibility to adapt to global economic conditions and fully utilize the region’s unique advantages to maximize economic opportunity for its residents by attracting the private investment that creates jobs for the region’s residents. The plan is a result of a continuing economic development planning process developed with broad-based and diverse public and private sector participation. It sets forth the goals and objectives necessary to solve the economic development problems of the region and clearly defines the metrics of success. Finally, the plan provides useful benchmarks by which Metropolitan Kansas City’s economy can evaluate opportunities with other regions in the national economy.