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 Bordered by rivers on three sides and the Tennessee state line on the fourth, the Purchase Region of Western Kentucky stands apart. Historically, the region’s fortunes were closely tied to the flow of goods along the inland waterways. In 2010, roughly two-thirds of the US population was within a
Challenge Abilene prides itself on being a city of “firsts”: the first Texas city to create a sales-tax funded economic development effort in 1989, the first to create a downtown reinvestment zone, and the first community outside the state’s major metropolitan areas to receive a cultural district designation from the
Challenge Bordered by the Mississippi River to the west and Homochitto National Forest to the southeast, Claiborne County boasts abundant economic, natural, and cultural assets that include Alcorn State University, Port Gibson’s historic downtown, and Entergy’s Grand Gulf Nuclear Station. Despite these assets, Claiborne County was struggling to maintain its
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 Alvin, Texas, is strategically located halfway between Houston, the core city of the nation’s fastest-growing large metro area, and Freeport, the nation’s largest petrochemical complex. The city’s location also offers easy access to the region’s four major ports; proximity to Houston Hobby International Airport; and access to Alvin Community
Challenge Located in Anniston, Alabama, the Anniston Army Depot (the Depot) is one of a small number of US Army installations charged with neutralizing or destroying the country’s chemical weapons stockpiles, but this process was set to end in 2011. In addition to the anticipated job losses from the conclusion
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
