During the City Commission Workshop Meeting on July 30, 2025, significant strides were made towards enhancing Lake Wales' economic development and community welfare. The meeting, led by Deputy Mayor Gibson, highlighted key updates from the city manager and presentations from local economic development leaders.

A major focus was the upcoming budget for the fiscal year, with city officials encouraged to review their budget books and prepare for a workshop scheduled for August 12. The city manager emphasized the importance of addressing any questions beforehand to ensure a smooth budgeting process.

One of the most promising developments discussed was the imminent redevelopment of the Wells Built Hotel, with the city manager expressing confidence that this project is "not only within our grasp, but imminent." This redevelopment is expected to revitalize the area and enhance local tourism.

Additionally, the city received positive news regarding the RAISE grant, securing $22.9 million in federal funding. The city manager assured that despite administrative changes at the federal level causing delays, the funds are secure, and construction is anticipated to begin in the first quarter of next year.

The meeting also featured a presentation from the Economic Development Council (EDC) and Chamber of Commerce, where Skip Alford shared insights on the region's economic strengths. He noted that Florida is on track to become the tenth largest economy globally by 2030, driven by population growth and a diverse economy. However, challenges such as rising housing costs and labor shortages were also acknowledged, with a call for improved workforce development.

Alford stressed the critical link between literacy and economic development, highlighting that nearly half of children in Florida struggle with reading proficiency by age eight. He proposed initiatives to enhance literacy and education, which are essential for preparing a skilled workforce.

In summary, the meeting underscored Lake Wales' commitment to economic growth and community development, with actionable plans in place to address challenges and leverage opportunities. The city is poised for significant advancements, with a focus on education, infrastructure, and attracting new businesses to enhance the quality of life for its residents.