This paper presents an integrative model for strategic local planning based on the concept of spatial capital. The model bridges the gap between vision and reality by stimulating actions that are directed at mitigating challenges to the vision. The model uses the concept of ‘spatial capital,’ which is based on the accumulated assets and capabilities of a region. In addition, ‘development engines,’ which are alternative macrostrategies designed to help achieve the major goals set by the plan’s vision, are offered for use by the model. The developed model aims to achieve a better integration of the region’s overall capital resources.