Challenge Despite being part of one of the nation’s fastest-growing metropolitan areas, Kaufman, Texas, was falling behind its Dallas-area peers in 2016. An analysis of trends revealed little population growth, a declining supply of housing, and lagging incomes and home values. Commuting patterns suggested the city was neither a stand-out […]
Challenge Georgetown, Texas, has been one of the nation’s fastest-growing communities in recent years. Notably, Georgetown experienced more than 100 years of prosperity which was largely independent of the Austin metropolitan area’s expansion. Assets like Southwestern University, one of the state’s oldest higher education institutions, and a nationally recognized Beaux-Arts
Challenge Clovis, New Mexico, is fortunate to have an array of economic advantages that have helped the community weather the Great Recession (2007–2009) and the COVID-19-induced recession. These advantages include a robust agricultural sector, Cannon Air Force Base (Cannon AFB), strong manufacturing employers, and an abundance of cultural assets. While
Challenge Once considered a sleepy college town on the outskirts of the Dallas-Fort Worth (DFW) Metroplex, Denton has experienced extensive growth since the city’s last comprehensive economic development plan in 2003. Since then, City leaders have made investments in the downtown district and an industrial park that put Denton squarely
Challenge Tampa Bay’s strong economic base, high-profile developments, diverse culture, and desirable amenities have made it one of the country’s fastest-growing regions. Guided by its 2017 strategic plan, the Tampa Bay Economic Development Council (TBEDC), formerly the Tampa Hillsborough Economic Development Corporation, has been instrumental in several regional transformations. Despite
Challenge The Northern Colorado region of Larimer and Weld Counties benefits from years of collaboration among chambers of commerce, economic development organizations, and local governments. In 2019, the two county governments, along with selected towns and municipalities executed a memorandum of understanding to collaborate on economic development activities that promote
Challenge For over a decade, the Temple Economic Development Corporation (TEDC) focused its recruitment efforts on several broad sectors, including advanced manufacturing, distribution and logistics, and health and life sciences. In 2012, TIP Strategies was engaged to identify specific niches within each sector and provide recommendations for focusing TEDC’s targeting
Challenge Interstate 68 (I-68) is a 113-mile, east-west highway that travels through mountainous and rural areas to connect I-70 in Hancock, Maryland, to I-79 in Morgantown, West Virginia. In 2016, the counties and cities that share I-68 as a common asset formed the I-68 Regional Economic Partnership (REP). While the
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 Located on the eastern side of the Dallas-Fort Worth Metroplex, Rockwall, Texas, is an economic development leader. Its strong commercial and industrial tax base supports a high quality of life for residents, while maintaining a low property tax rate relative to the region. The establishment and growth of the
