Challenge The use of incentives is often criticized for providing a subsidy to a private entity at the expense of taxpayers. However, a strategic approach to structuring and targeting incentives can be an effective means of achieving specific goals and desired outcomes. As part of the establishment of an office […]
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 Midland’s economy was thriving during the latter half of the last decade due to an ongoing energy-led expansion. Fueled by this expansion, the city added residents at a pace faster than almost any other city in the nation and greatly increased employment opportunities. This rapid growth, however, challenged city
Challenge In late 2015, TIP Strategies was commissioned by the Delaware Business Roundtable to prepare a statewide strategy for economic growth and prosperity. The Roundtable engaged state, business, and community leaders in creating an agenda focused on increased capital investment and statewide job creation. Establishing a new public-private partnership (P3)
Challenge Like communities across the country, Greater Sacramento experienced unprecedented upheavals and accelerated trends brought on by COVID-19. Unemployment hit its highest level in nearly a century just as the capital region began to see economic development efforts pay off. Local leaders realized that traditional business development and marketing tactics
Challenge Established in 1951, duty-free and specialty retailer International Shoppes (iShoppes) offers luxury goods such as beauty products, designer fashions and fragrances, gourmet foods, and wines and spirits to airline passengers. The company’s operations had been concentrated in airport terminals across the northeast including JFK International Airport (New York), Logan
Challenge The availability of skilled labor has been an increasingly important factor in site location decisions. For corporate decision-makers, it is no longer sufficient to understand the overall supply of workers; investment decisions often depend on the ability to demonstrate a likely pool of workers with specific skills. Response Nashville-based
Challenge Based in Tulsa, Oklahoma, The Williams Companies, Inc. (Williams) is an energy infrastructure company with assets across the natural gas value chain, including exploration, processing, and transport. These assets include the ownership and operation of more than 30,000 miles of pipelines, including the 10,000-mile Transco pipeline which extends from
Challenge Downtown San Marcos has historically served many roles. As the county seat, people are drawn into downtown to conduct official business. It acts as a gateway to the hill country, routing travelers through downtown on Ranch Road 12. And it functions as an entertainment district for the city and
Challenge In the mid-2000s, the Northeast Texas region and neighboring counties in Southwest Arkansas faced significant job losses associated with the realignment of the Red River Army Depot and Lone Star Army Ammunition Plant. In addition, the region experienced layoffs in the manufacturing and retail sectors. Key studies completed during
