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Agenda - Parks and Recreation Commission - 08/09/2018
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Agenda - Parks and Recreation Commission - 08/09/2018
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3/25/2025 12:45:20 PM
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Meetings
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Agenda
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Parks and Recreation Commission
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08/09/2018
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start-up kitchen incubator. Furthermore, the use of a co -packager assumes that the <br />shared kitchen has a large inventory of product, and a large amount of product to ship <br />out to customers outside of the general service range. The drawbacks are largely <br />financial and inventory -based and may inhibit their use for a start-up. However, the use <br />of a co -packager may be a resource to utilize once the city has a successfully up -and - <br />running kitchen incubator. <br />Summary <br />Research shows that restaurant incubators are usually driven by restaurant <br />investors and/or real estate developers interested in identifying investment <br />opportunities. With an aligned self-interest in the success of their tenants, they typically <br />maintain an extensive tenant identification and development process, along with the <br />provision of extensive operating and management support. Interviews conducted with <br />the aforementioned distinct groups within the food/restaurant industry illustrate the <br />necessity of a reliable space, a vested interest of the public in the space, and most <br />importantly, an individual/organization willing to finance the space. Further research is <br />needed, but these interviews offer a first glance at the potential tenants and talent <br />supply, as well as the challenges of starting and operating a restaurant incubator. <br />Section IV: Recommendations <br />Short-term recommendations <br />Factors need to be considered for the incubator <br />• Goals of the facility <br />o Job creation <br />o Grow existing food businesses <br />o Strengthen local food systems <br />o Build community <br />o Encourage entrepreneurship <br />o Future revenue for the city <br />• Who will use it <br />o Local entrepreneurs <br />o Culinary graduates from surrounding areas <br />o Chefs from the MSP metro area <br />• Incubator format <br />o Shared kitchen space with eating and event space <br />o Food trucks accessible <br />• Support services <br />o Development -friendly <br />15 <br />
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