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 The Red River Army Depot (RRAD) has long been the single largest employer and a critical economic engine in the bi-state Texarkana region. In response to cuts in federal defense spending and Army downsizing, regional officials sought to prepare for what they anticipated would be further workload reductions and
Challenge Between 2000 and 2017, Fort Worth was one of the fastest-growing large cities in the US. Furthermore, the city has cultivated a unique identity and brand, combining rich cultural heritage with an economy driven by industry-leading employers. Fort Worth achieved this success without a comprehensive, citywide approach for economic
Challenge Montgomery County is one of the most prosperous and successful communities in the United States. It boasts numerous strengths, including world-class research institutions, globally recognizable brands, a highly educated and diverse populace, and attractive neighborhoods. And yet, Montgomery County (and the entire Washington DC region) faced a profoundly changed
Challenge Northwest Florida’s traditional reliance on tourism and on the presence of US military installations and personnel to drive growth has obscured the essential role overall business vitality plays in successful economies. The region’s vulnerability to external shocks and the need to develop a more diversified economy were illuminated first
Challenge Saratoga County’s economy has consistently outperformed the region. It boasts vibrant communities with some of the highest incomes in the state. Coupled with world-class tourism attractions and a robust and growing healthcare system, Saratoga County enjoys an enviable position, especially as the beneficiary of one of the largest capital
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 In 2018, the city of Wausau had stagnant population growth due to outmigration of residents moving to bigger, high-growth cities as a consequence of a national economy with record low unemployment. The area’s agriculture and food processing industry faced major headwinds due to global competition, automation, and labor shortages.
Challenge The Wired65 region, comprised of 26 counties surrounding the Louisville metropolitan area, presents a unique combination of assets and challenges. Home to Worldport, UPS’s international shipping hub, the area boasts a strong logistics and distribution cluster, as well as a significant automotive presence. In addition, the consolidation of the
Challenge The idling of Alcoa’s aluminum production facility in Rockdale, Texas—announced at the height of the Great Recession—would ultimately put more than 1,200 employees out of work and shutter nearly two dozen local businesses that were reliant on the plant or its employees. The crisis brought together representatives from the
