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 Located in South Carolina’s Upstate region, Greenville County is home to one of the nation’s most vibrant economies. Its long track record of attracting large-scale domestic and international investment has garnered media attention, including the front page of the Wall Street Journal and a segment on CBS’s 60 Minutes.
Challenge Home to Columbia, South Carolina’s state capital, Richland County boasts an impressive array of assets, including postsecondary institutions, transportation infrastructure, and the US Army’s Fort Jackson. Richland County also offers unique neighborhoods; historical landmarks and homes; a thriving riverfront; cultural, arts, and entertainment offerings; and outdoor recreation. This attractive
Challenge McCormick County, South Carolina, is rich in both natural resources and history. Immense tracks of forested public land, over 1,000 miles of lake front property, and numerous historical sites provide the county significant economic opportunities. These resources, coupled with its proximity to a rapidly growing Augusta metropolitan area, positioned
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 Stretching along Interstate 77 (I-77) from Charlotte, North Carolina, to Columbia, South Carolina, the South Carolina I-77 Alliance region consistently outpaced the US during the first part of the decade. Led by employment gains in manufacturing, healthcare, and professional services, the region added nearly 30,000 jobs between 2011 and
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 Recognizing that talent is a key driver of regional competitiveness, the Tampa Bay Partnership assessed talent indicators for the region and measured these against 19 peer communities. This exercise revealed that the Tampa Bay talent pool lagged its peers, particularly in metrics related to the regional talent pipeline. In
Challenge A dramatic rise in energy prices leading up to the Great Recession—with crude oil spiking at more than $140 per barrel in mid-2008—suggested the era of cheap petroleum was coming to an end. Surging prices for fossil fuels, coupled with air quality and national security concerns, contributed to a
Challenge In late 2019, Delaware was enjoying some the lowest unemployment levels in the state’s history. The state’s largest city, Wilmington, boasted a thriving tech sector, built on its strengths in business and financial services, that supported $65 million in wages and 17,000 jobs. Yet despite these favorable economic conditions,
