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Kathryn Dodge
Fairbanks North Star Borough Mayor's Office/ARDOR I believe hitting the 100K mark is significant for a several different reasons:
Benjamin L. Snow
Executive Director Parker Economic Development Council 19751 E. Mainstreet, Suite R11 Parker, CO 80138 (303) 841-8683 phone (303) 841-1979 fax www.ParkerColorado.org Great points, Ben. I think that they represent a mixed blessing though. Retailers seeing the green light for development is likely to mean more franchises and multiples that will reduce the extent to which local money stays local. While this may create some employment the net effect is likely to extract money from the community and return it to shareholders out of town. Attracting employment is a seductive game - but fiercely competitive. Business attraction might be a part of the economic development strategy for a 100k plus town - but it is high cost and high risk. There is tremendous potential in the people that are already in the town and want to see it prosper and grow. How can a town of this size encourage its residents to be enterprising in support of the local economy? I think it is important that this theme of developing local aspiration, passion, talent and achievement remains strong - even if the 100k town becomes eligible to play some new economic development games. Mike Chitty Agreed. On all points. Leveraging inherent community strengths is always important, even in high-growth markets. In fact, I continue to view growth (from within or from outside) as vital economic energy looking for a place to be released. It's just important to CHANNEL/HARNESS that energy, rather than just let it 'burn' everything in its path. That's where economic developers can really add value. Benjamin L. Snow If you think your city is being undercounted, you should encourage your city to participate in the LUCA program: http://www.census.gov/geo/www/luca2010/luca.html Larry Holt Director of Research Birmingham Regional Chamber of Commerce |
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