Economic Development

The City of Belmont Economic Development program is a collaborative effort between the Finance and Community Development Departments. The Belmont City Council has established Economic Development and Downtown Revitalization as City-wide priorities, and the City is undertaking several significant planning efforts that will work to facilitate a thriving local economy. 

The Belmont Vision Statement identifies “Thriving Economy” as a long range goal for the City of Belmont and provides the following community values:

  • A charming, vibrant town center is the heart of our civic and economic life.
  • Our economy prospers with a mix of attractive, successful businesses that fit with our community character.
  • We look first in our own shops and restaurants for what we need.
  • Education, arts and the economy flourish in concert.

Belmont's Economic Development program focuses on “Three R’s”– or three program components:

    RETENTION
    Helping our existing local businesses compete and thrive. 
    REVITALIZATION
    Utilizing existing & new tools to implement programs and practices that boost Belmont's economy.
    RECRUITMENT
    Looking to the future to attract new developers, businesses, and economic opportunities.