Projected to generate $3 trillion over the next decade, the global blue economy presents vast economic potential. Sustainable practices are crucial to ensuring the long-term health of the ocean ecosystems, coastal communities, and water-related sectors. This blog post explores three innovative North American regions that successfully balance resilience and economic growth.
Placemaking & revitalization
Recognizing the resources required to holistically implement its new strategic plan, the Anchorage Economic Development Corporation (AEDC) has taken collaboration and coordination to heart. In addition to integrating the plan’s four pillars and related visualizations into their website, AEDC has created cross-sector working groups to move each pillar forward.
In early June, Jenn Todd-Goynes attended CNU31 in Charlotte, North Carolina. As a member of the Congress for New Urbanism, Jenn is passionate about the role of the built environment and about creating people-centered places. In her recent blog post, she discusses two themes from the conference that have broad implications for community and economic developers.
In partnership with the National League of Cities and the Mid-America Regional Council, TIP Strategies facilitated a day-long summit on July 19, 2019. The focus of the summit was workforce housing in first tier suburbs of Kansas City. The summit brought together approximately 200 local leaders and stakeholders from the region to explore opportunities for building and maintaining workforce housing at a regional scale.
Opportunity Zones (OZs) have been a hot topic for economic developers and investors across the country. As the largest federal economic development investment in over a decade, OZs originally excited economic developers because of their promise to deliver community benefits, but as the market has unfolded, OZs have instead been met with criticism. Shifting the narrative to focus on both economic growth and community inclusion is an important step to ensure that OZs deliver on their potential and promise to strengthen the country’s disadvantaged communities.
TIP Strategies (TIP) is proud to collaborate with the National League of Cities (NLC) First Tier Suburbs Council on a unique new venture, the Economic Development Summit Pilot Program. The program provides a selected community the opportunity to partner with TIP and the First Tier Suburbs Council to hold a day-long economic development forum in their community.
Urban development trends, such as coworking, experiential retail, and big-box redevelopment will continue to impact US communities (large and small) in 2018. Economic developers, take notice! Creative approaches to development challenges will abound in the year ahead.
The economic potential of Fort Worth, Texas—soon to be the nation’s 12th largest city—is tremendous. In December 2017, the City unveiled its first economic development strategic plan. The TIP-lead initiative provides a comprehensive roadmap to guide the community’s growth over the next five years.
On April 1, 2016, TIP senior consultant Alex Cooke attended a luncheon hosted by the Waxahachie Chamber of Commerce Economic Development Council to celebrate the community’s successful implementation of its economic development strategic plan.
The recent Politico article, “A Real Path to Shared Prosperity in America,” addresses a topic that has been a central concern for many of our clients. The article highlights findings from a conference of thought leaders held this summer at Harvard Business School to explore the critical question: How can our nation continue to grow while also providing a path to prosperity for more Americans?