Challenge Created in the 1980s to manage the transformation of a former stadium into the Mall of America, the Port Authority of the City of Bloomington Minnesota (the Port Authority) has seen its role in the city’s economic development efforts expand greatly over time. First, the organization’s purpose was redefined […]
Challenge Situated in northern Illinois, Grundy County’s rural charm, robust transportation network, and proximity to Chicago have spurred industrial development and attracted individuals and families seeking less densely populated areas. However, steady population gains and continued industrial expansion have highlighted the need to better balance growth with preservation of the
Challenge The Baltimore Region has seen steady growth and development over the past 20 years, the result of both broad economic forces and localized strategies that leverage its strong foundation of assets including its strategic East Coast location, relative affordability, active waterfront, and diverse talent pool. The region is also
Challenge Arlington’s growth over the past three decades has been remarkable. With a population of 400,000, the city has affirmed its position as the pivot point in the Dallas-Fort Worth-Arlington metropolitan area. Home to the University of Texas at Arlington (UTA, which was designated a Texas Tier One research institution
Challenge Located in the Tampa Bay region, Pinellas County, Florida, is home to beautiful beaches, vibrant communities, excellent colleges and universities, and diverse and forward-looking companies, assets that have served it well through tumultuous times. In the aftermath of the COVID-19 pandemic, the county has been effective in working with
Challenge Located on the Central Coast of California, the City of San Luis Obispo (City) functions as one of the region’s economic centers. It boasts a blend of industries, a strong visitor economy, a vibrant downtown, proximity to outdoor recreation amenities, and the presence of California Polytechnic State University and
Challenge Renowned for its quality of life and creative industries, the Austin metropolitan area consistently lands on national “best of” lists and has become a magnet for both talent and companies. While the resulting economic boom has improved several prosperity measures for Travis County residents—resulting in declining poverty rates, rising
Challenge Community development financial institutions (CDFIs) play a key role in expanding access to financial products and services in low-income and moderate-income communities. A range of institutions can be designated as CDFIs including banks, credit unions, loan funds, and venture capital funds. An August 2023 analysis by the Federal Reserve
Challenge While issues related to racism and equity have been present for generations, several pivotal events in 2020 shone a bright light on the scale and pervasive nature of racial disparities. In the first quarter of 2020, the COVID-19 pandemic and the associated economic downturn drew attention to the importance
Challenge With the onset of the COVID-19 pandemic, the labor market experienced a whirlwind of changes. Texas witnessed a record high unemployment rate, a higher rate of workers retiring due to health concerns, and some workers leaving the labor force altogether. To address these challenges and strengthen the regional talent
