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Economic Development Journal - Summer 2017

The Lansing Lugnuts Outfield Redevelopment Project: Leveraging a Public Asset to Create Private Development

by Karl Dorshimer
Publicly owned sports stadiums provide great public benefits but often don’t generate enough revenue to be financially self-sustaining. Communities can be faced with the challenge of having to permanently subsidize stadium operations, maintenance, and improvements. The city of Lansing, Michigan, met this challenge by combining necessary public stadium improvements with a private mixed-use development. The Outfield project won IEDC’s Gold and Silver Excellence Awards.

Tolerance and Inclusion: How Millennial Social Values Are Reshaping How Communities Grow and Attract Jobs

by Ryan Regan
The millennial generation represents the greatest share of the U.S. workforce, and there is little doubt that they will have a significant long-term impact on the field of economic development. Increasingly it is the generation’s trademark diversity and open-minded social beliefs that are driving new conversations about how economic development is thought of and practiced.

Launching World-Class Water Technology in the Heart of Milwaukee: The BREW Accelerator Unleashes Water Innovation

by Elizabeth Thelen
The BREW (Business. Research. Entrepreneurship. In Wisconsin) Accelerator, winner of IEDC’s Gold Award for Entrepreneurship, unleashes water innovation by funding water technology startups with a 24-month launch target. The BREW is part of The Water Council in Milwaukee.

Process-Based Workforce Development in the New Economy: The Case of the Alabama Robotics Technology Park

by Nancey Green Leigh, Ph.D., FAICP and Benjamin R. Kraft
The Alabama Robotics Technology Park is a unique facility and public workforce development program that provides robotics training and research and development space to Alabama manufacturing firms and their employees.

Quality-of-Life Based Retail Recruitment: Communities With Populations Under 35,000

by N. David Milder
For smaller communities, e.g., those with populations under 35,000, business recruitment should focus more on attracting talented people than on companies. This is best achieved through proactive quality-of-life business recruitment programs.

Long-Term, Spatially Coordinated Economic Development Makes Sense: Evidence for Economic Developers

by Emil Malizia, Ph.D., FAICP
This article is based on an empirical analysis of 100 large metro areas in the U.S. Their economic base measured from 1970 to 2000 was associated with economic outcomes in 2010. Metro areas with a more dynamic economic base had higher household incomes and higher property values than more stagnant metros. The study provides support for the article’s conclusion that long-term, spatially coordinated economic development makes sense.

» Entire Summer 2017 issue