Placemaking as a Core Economic Development Strategy
Placemaking is really a workforce development strategy to retain and attract the best talent by improving the quality of life of where those workers will live, work and play whether it is through attractive taxing policies or green spaces and trail systems. The International Economic Development Council has defined placemaking as “the practice of enhancing […]
Montrose Group Successfully Advocates for $19.4M in Economic Development Incentives
Montrose Group successfully advocated for three clients to gain a total of $ 19.4 M from local and state governments for several industrial and mixed-use projects. Project and incentive summaries for these Montrose Group clients are listed below. Steelton Holdings LLC is developing The Fort in the southside of Columbus and received a $2,970,094 Cleanup/Remediation […]
Montrose Group Weekly Economic Development Incentive Report
Alabama. Lockheed Martin plans to invest $16.5 million to open a Missile System Integration Lab focusing on missile defense on its campus in Huntsville. The company’s workforce is expected to grow by over 200 employees this year at its sites in Huntsville and Courtland, where it operates a digital factory to advance hypersonic technologies. […]
Economic Development Incentives Encourage Placemaking Economic Development
The International Economic Development Council has defined placemaking as “the practice of enhancing a community’s assets to improve its overall attractiveness and livability.” Placemaking is defined as large-scale projects like the creation of new public or revitalized public spaces, alternative transportation infrastructure, pop-up retail, housing, or Downtown beautification projects. Bike trails, public beer gardens, parks, […]
Housing Development Supports Placemaking Economic Development
Housing developments can be a centerpiece of private investment that spur large community and small placemaking initiatives. The International Economic Development Council has defined placemaking as “the practice of enhancing a community’s assets to improve its overall attractiveness and livability.” Placemaking is defined as large-scale projects like the creation of new public or revitalized public […]
Land Banks Can Develop Housing Tied to Placemaking Economic Development
The redevelopment of neighborhoods impacted by vacant housing is a challenge for urban, suburban, and rural communities alike. Housing redevelopments can be a critical placemaking initiative in small and big towns alike. The International Economic Development Council has defined placemaking as “the practice of enhancing a community’s assets to improve its overall attractiveness and livability.” […]
Green Space Investments Spur Placemaking Economic Development
Park development in a community can provide a substantial return on investment and parks and trails often are an important placemaking strategy. The International Economic Development Council has defined placemaking as “the practice of enhancing a community’s assets to improve its overall attractiveness and livability.” Placemaking is defined as large-scale projects like the creation of […]
Historic Preservation Redevelopment Can Drive Placemaking Economic Development
Successful placemaking strategies do not just happen. It requires a thoughtful approach that capitalizes on current assets and utilizes a range of programs to create new public spaces and enhances private developments needed for housing, retail, office, and other private development to happen. The International Economic Development Council has defined placemaking as “the practice of […]
Montrose Group Quality of Life Index Critical to Corporate Site Location Decisions
The United States is in a battle for talent. In the age of Baby Boomer retirements, knowledge workers and Work from Home (WFH), how a community stacks up compared to peers on the quality of life is an important measure for companies making corporate site location decisions. It has been reported that over the last […]
State Economic Development Incentive Deals Announced
Illinois. Governor JB Pritzker, the Illinois Department of Commerce and Economic Opportunity (DCEO), local officials, and workforce partners announced $20 million in investments for workforce training and wrap-around services that will bolster equitable workforce recovery for those struggling to gain meaningful employment. Through the Job Training and Economic Development Program (JTED) grants, 44 community-based organizations […]
