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Good morning and welcome to the 94th weekly edition of Economic Development and Developers in the News.
Today's issue contains news from 203 economic development executives and organizations in 25 states.
If this is your first time reading: Welcome!
As always, if you want to submit something, or if I messed anything up, please email me.
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Anchorage's labor shortage will cost the economy thousands of jobs in high-wage industries like health care this year, according to an economic forecast released Wednesday by the Anchorage Economic Development Corp. It will also hurt the ability of companies to land federal grants from the giant infrastructure package. (Bill Popp, President, Anchorage Economic Development Corp., Tom Stellman, CEO & Founder, TIP Strategies; Donna Logan, President, McKinley Research Group)
The Arkansas Economic Developers and Chamber Executives announced its 2023 Board of Directors. (Robert Birch, Director of Development, City of North Little Rock; James Bell, Vice President of Economic Development, Greater Bentonville Area Chamber of Commerce; Ashlee Vaughan, Economic Development Coordinator, Arkadelphia Regional Economic Development Alliance; Allison Hestand, CEO & Director of Economic Development, Paragould Regional Chamber of Commerce/EDC; Jack Thomas, Vice President of Economic Development, Little Rock Regional Chamber of Commerce; Hugh McDonald, Secretary of Commerce;
Candice Lawrence, Vice President of Programs and Partnerships, Arkansas State Chamber of Commerce; Nancy Lee McNew, Vice President, Economic Development Alliance for Jefferson County; Gary Troutman, President & CEO, Hot Springs Metro Partnership/Greater Hot Springs Chamber of Commerce; Steve Cox, Senior Vice President of Economic Development, Rogers Lowell Chamber; Julie Allen, Executive Director, Newport Area Chamber of Commerce; Mallory Darby, Vice President, Mississippi County Economic Development; Graycen Bigger, Northeast Arkansas Intermodal Authority; Steven Lamm, Vice President of Economic Development, Jonesboro Unlimited; Kellie Wall, Executive Director, Maumelle Area Chamber of Commerce; Bill Rogers, President, Springdale Chamber of Commerce; Ellie Baker, Executive Director, Magnolia Economic Development;
Randy Zook, President & CEO, Arkansas State Chamber of Commerce)
The Los Angeles County Department of Economic Opportunity has announced the launch of the first phase of the Economic Opportunity Grant program for small and microbusinesses, and non-profit agencies in LA County. EOG will award more than $54 million in federal American Rescue Plan Act funds. (Kelly LoBianco, Director, Los Angeles County Department of Economic Opportunity)
The City of Riverside has a new economic development manager and city planner. Jorge T. Barrera will lead the city’s economic development division, and Maribeth Tinio will assume the role of city planner.
The Solano Economic Development Center Speaker Series returns Tuesday with a webinar that will focus on policy and advocacy exploring the legislation agenda for economic development. (Gurbax Sahota, President & CEO, California Association of Local Economic Development; Tracy Rhine, Senior Policy Advocate, Rural County Representatives of California; Daniel Carrigg, Senior Policy Advisor, Renne Public Policy Group; Evan Schmidt, CEO, Valley Vision
Micah Weinberg, CEO, California Forward)
The Business Funding & Incentives Division of the Colorado Office of Economic Development & International Trade announced today that Costilla County and the town of San Luis have been designated as Rural Jump-Start Zones. This designation is intended to encourage economic development and job creation by offering new businesses or businesses that move to these zones significant financial benefits. (Morgan Vankat, Program Manager)
Homebuilders in Bloomington-Normal are playing catch up in meeting the growth of the last decade, the more recent expansion of the labor market, and projected future growth. Data show they need to increase the pace, in spite of higher interest rates, and build a variety of housing. (Patrick Hoban, CEO, Bloomington-Normal Economic Development Council; Justin Carney, Principal, Development Strategies)
Tax breaks aren't always bad policy. But sometimes, they really, really are.
The city and parish of Lafayette are the latest to be recognized as part of the Louisiana Development Ready Community program. (Anita Begnaud, CEO
Downtown Lafayette Unlimited; Don Pierson, Secretary, LED; Mandi Mitchell, President & CEO, Lafayette Economic Development Authority)
In a long-awaited move to break up Boston’s independent planning and economic development arm, Mayor Michelle Wu filed an order Monday asking the City Council to formally begin deconstructing the agency. (James Arthur Jemison, Chief of Planning, BPDA; Teresa Polhemus, Executive Director/Secretary, BPDA)
The Marshall Township Board of Trustees voted 4-1 Thursday to approve four separate land transfers with the city of Marshall to allow for utilities at the Marshall Mega Site, a property that's being marketed as a premier destination for a large scale manufacturing operation such as an electric vehicle battery or semiconductor facility. (Josh Hundt, Executive Vice President & Chief Projects Officer, Michigan Economic Development Corporation; James Durian, CEO, Marshall Area Economic Development Alliance)
Sarah Swedburg was recognized statewide as the Emerging Young Professional of the Year by the Economic Development Association of Minnesota. Swedburg has served the Kandiyohi County and City of Willmar Economic Development Commission as the business development manager since May 2021. (Michelle Marotzke, Economic Developer, Mid-Minnesota Development Commission)
The County of Chautauqua Industrial Development Agency announced $501M in new investments and 363 new jobs in 2022. (Mark Geise, Deputy County Executive for Economic Development & CEO, County of Chautauqua Industrial Development Agency)
The Westchester County Biosciences Accelerator, which supports the development of Westchester's hub of life science innovation and commercialization, announced three new corporate partners: Boehringer Ingelheim, C3 Medical Device Consulting LLC and Moses Singer LLP. (Deborah Novick, Director of Entrepreneurship & Innovation, Westchester County; Mary Howard, Program Director, WCBA)
The Chautauqua County Partnership for Economic Growth is offering planning and funding support for municipalities that need help to create a Downtown Revitalization Master Plan or Complete Streets project. (Mark Geise, Deputy County Executive for Economic Development, Chautauqua County; Nathan Aldrich, Manager, Chautauqua County Partnership for Economic Growth)
Truist Foundation said Monday it has launched "Where It Starts," a $22-million, multi-year program that aims to strengthen small businesses and open career pathways for Black, indigenous and people of color individuals across the U.S.
Channing Jones, Robeson County Economic Development director, discusses major job creation successes underway in the county during a presentation to the Robeson County Committee of 100. (Scott T. Hamilton, President & CEO, Golden LEAF Foundation)
The Foothills Regional Commission is preparing a 5-year, comprehensive economic development strategy for the four-county region of Cleveland, McDowell, Polk, and Rutherford Counties. (Danna Stansbury, Executive Director, Foothills Regional Commission)
Kristy Crisp, Gastonia's economic development director, has helped guide the city's strategy at the FUSE District. After success in the first wave, more projects are on the way as the city looks to capitalize on its momentum.
Consultants are preparing an economic development strategy and incentive policy report for the town of Leland – the first professionally solicited report of its kind for the growing community. (Gary Vidmar, Economic & Community Development Director, Town of Leland; Crystal Morphis, LEED Green Associate, Creative Economic Development Consulting LLC)
Wickliffe created a city development team to assist with economic development.
Perry County received its first “main street” designation on Thursday as part of a state program to revitalize and develop communities across the Commonwealth. (Julie Fitzpatrick, executive director of the Pennsylvania Downtown Center)
OneSpartanburg Inc. announced Jan. 26 it landed 36 economic development projects in 2022 on behalf of Spartanburg County and the city of Spartanburg. (OneSpartanburg Inc. President and CEO Allen Smith)
The Daily News supports Galveston County’s efforts to sell lawmakers on a bill forcing the Port of Houston Authority to develop more than 1,000 acres of raw land it owns on Pelican Island or sell the parcel to a buyer who will. (Dane Carlson, director of economic development for Galveston County). That's me!
DCI's Economic Development 40 Under 40 Class of 2023 is out. (Alia Abbas, Amanda Blackwood, Amanda Obidike, Amanda Taylor, Becca Cruger, Brendan Murray, Cameron R. Law, Cara Weber, Casey Evans DeBellis, Christopher Bruno, Cornell A. Wesley, Daniel Clark, David Rodgers, Donnie Miller, Emily McVey, Fernando Garcia, Jack Thomas, James R. Charles, Janel L. Carothers, Jayson Newell, Joe Sobieralski, Katy Parker, Komal Doshi, Matt McLaren, Meryl Fisackerly, Michael Harding, Jr., Michael Harris, Michael Sage, Monique Claiborne, Portia Bailey-Bernard, Rickelle Williams, Samanta Jovanovic, Shannon Landauer, Steph Ison, Steven Anthony, Stevie Phillips, Taylor Davis, Tiffany Thacker, Toni Sprenkle, and Victor Valle, Jr.)
ResearchFDI announced the appointment of Bruce Takefman, CEO, as Vice-Chairman of the IEDC International Advisory Committee. The IEDC International Advisory Committee provides guidance to the IEDC on a range of international economic development initiatives and strategies.
IEDC's 2023 Equity Summit @ IEDC's Leadership Summit was a success! (Chanell Hasty, Zytha Kock, Anne Bovaird Nevins, Kevin S. Dick, Dell Gines, Cecilia Mowatt, Leonard Sledge, SeonAh Kendall, Dr. Eloisa Klementich, Elizabeth Demetriou, Jenn Steinfeld, Danny Knee, Keneshia Raymond, Mary Ellen Wiederwohl, Tracye McDaniel, Mishka Parkins, Jon Roberts, Jerry T. Sanford, Lynne Stein Benzion, Dr. Kim Carter Evans, Kevin J. Price, Inez Long, Reese Niu, Mirella Tamayo Craigo, Lawrence McComie, James H. Bason)
The Wisconsin Economic Development Corporation announced the launch of SizeUpWI, a new data intelligence tool that is designed to help small and midsize businesses thrive and grow by making sound strategic business decisions. (EDC secretary and CEO Missy Hughes)
The Econ Dev Show is a podcast and weekday email newsletter of actionable strategies, fresh news, insights, and ideas from the economic development community and your host, Dane Carlson. On Wednesdays, we share news from the economic development community.
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