Challenge The Wichita Falls’ regional economy has historically been driven by its government and energy sectors, and over the past 50 years the manufacturing sector has developed as the region’s third economic engine. Recent events, however, underscore the region’s need for further economic diversification. The 2005 round of the Base […]
Challenge Located in the heart of Texas, Waco has the building blocks required for long-term success. Advantages fueling the city’s growing population and recent economic development wins include relatively inexpensive land (with available sites along the bustling IH-35 corridor), access to multiple higher education institutions (a network encompassing Baylor University
Challenge Located just 30 minutes north of Dallas, one of the nation’s most dynamic metropolitan areas, Frisco, Texas, has all the ingredients for sustained economic growth. Along with competitive advantages in traditional site selection factors such as transportation access, available land, and a reliable water supply, the city offers an
Challenge Bounded by the Cook Inlet and the Chugach Mountains, Anchorage is situated in one of the world’s most beautiful settings. Its scenic parks and trails, upscale ski resort, top-tier restaurants, and unique cultural and arts amenities make the city a popular destination for visitors and adventure seekers from around
Challenge In 2017, the Irving City Council adopted a five-year economic development strategic plan (EDSP) prepared by TIP Strategies. The plan’s vision centered on solidifying Irving’s status as a premier location for business relocation and expansion. While Irving boasted many accolades in subsequent years, including landing several corporate recruitment projects,
Challenge Marble Falls is part of the economically vibrant Austin metropolitan area and a gateway to Texas’s storied Hill Country. From 2002 to 2012, Marble Falls saw its employment levels increase approximately 40 percent, a trend that was forecasted to continue. However, rapid growth throughout the region also presented challenges
Challenge The first decade of the 2000s saw Jefferson City falling behind regional and national competitors. From a traditional economic development standpoint, Jefferson City’s challenges were well-known: distance from the interstate and major metropolitan areas; lack of large, fully serviced business sites; a limited industrial base; and slow population and
Challenge The City of Seward, Alaska, struggled with a core element of economic development: business retention and expansion. Business leaders questioned the commitment of City government to expanding private sector investment in Seward. A declining private tax base meant a heavier tax burden on existing businesses. The relatively small amount
Challenge The City of Clearwater faced two formative demographic trends: an aging population and above-average share of low-income households. Compounding these trends is the City’s over-reliance on residential real estate taxes, with housing accounting for approximately two-thirds of its property tax base. In addition, Clearwater lacks available greenfield development sites
Challenge Arlington is a city with enviable assets. It lies at the center of two major urban areas—Dallas and Fort Worth—providing access to excellent transportation infrastructure, a rising research university, and world-class tourist attractions. However, the community faces challenges associated with an aging building stock, limited greenfield sites, and competition
