Challenge Situated just north of Houston in Montgomery County, Texas, Conroe’s employment situation in the latter half of the 2010s mirrored national trends. The county’s unemployment levels reached historic levels—as low as 2.8 percent in May 2019—and job growth in the county was outpacing the growth of the local labor […]
Challenge Pasadena’s image as a community of “smokestack industries” no longer reflects its assets or economic potential. As Greater Houston’s second-largest city, Pasadena is well-positioned to compete globally for business and talent. The city’s advantages include major corporate operations representing dozens of countries; a diverse population; a central location (only
Challenge The City of Virginia Beach found itself at an economic development crossroads in late 2020 as the COVID-19 pandemic raged. Home to approximately 450,000 residents, the city boasts 38 miles of beachfront, four of the world’s fastest subsea cables, exceptional transportation infrastructure, and access to the third-largest container port
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 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 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
