Asked about providing facilities, such as a climbing wall and bowling alley, that would appeal to young people, Ms Ivory said Whanganui and Partners' role was to create an environment for people to want to come to Whanganui to set up businesses, not to provide facilities itself.
"It doesn't actually grow our economy - we need the 20-30s to stay here."
A solution for Whanganui's earthquake-prone buildings could be on the cards.
"There's some very ingenious work being done, that I can't share with you, that may make truly transformational changes," Ms Ivory said.
Whanganui & Partners board chairman Myles Fothergill said the organisation was not looking at "smaller, micro-type of things".
"We make no apology for the things we aren't going to do; we want to be accountable for the things we are going to do," Mr Fothergill said.
However, the board and organisation are operating without a current economic development strategy and destination marketing strategy and under an old statement of intent.
The economic development strategy is being developed by the Whanganui District Council and the destination marketing strategy will be available after a new statement of intent is signed off, Ms Ivory said. The statement of intent is due to be finalised on June 30.