Economic development organizations sometimes have to perform a high-wire act in promoting their central business districts without ignoring – or worse, harming – other business districts in the community.
Economic development organizations sometimes have to perform a high-wire act in promoting their central business districts without ignoring – or worse, harming – other business districts in the community.
Walkability is becoming a key quality of life initiative for communities trying to attract talent and business. What makes a city walkable, and what can cities do to draw more foot traffic to their downtown districts?
As an industry sector, tourism and hospitality doesn’t generate as much buzz in job desirability because average wages tend to be lower than, say, manufacturing or life sciences. But there’s no denying, the sector – which covers everything from cultural attractions to amusement parks to casinos to pro sports – delivers an economic pop
Nearly 2 million people are employed in the arts, entertainment and recreation sector in the United States, generating an annual payroll of $59 billion. That doesn’t count the billions of dollars spent on everything from movie tickets to sporting events to concerts to amusement park admission.
What are “third places” in communities, and why are they important to cultivate for economic development?
A number of communities and states are actively and formally promoting themselves as ideal locales for retirement. The new breed of retiree is actually less retiring and in many cases maintaining an active lifestyle that might even include some work. Housing and health care options are important but so are quality of place attributes such as access to cultural amenities and outdoor recreation opportunities.
A number of communities are betting that it does – that luring the right type of talent will give them an edge in bringing in new investment and retaining the business they already have.
Bill McMeekinBill McMeekin is director of content/business at Journal Communications Inc., where he oversees content ...
Emily McMackinEmily McMackin is a business magazine project manager and Web content developer at Journal Communications ...
Clay PerryClay Perry is vice president/business development at Journal Communications Inc., where he works with economic ...
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