WHY PORTLAND? 5-Year Economic Development Strategy The Opportunity: - PowerPoint PPT Presentation

Mar 15, 2023 •178 likes •257 views

City of Portland: WHY PORTLAND? 5-Year Economic Development Strategy The Opportunity: Portland can be the capital of the global green economy Existing concentration of firms in clean tech and sustainable industries. Influx of

City of Portland: WHY PORTLAND? 5-Year Economic Development Strategy
The Opportunity: Portland can be the capital of the global green economy • Existing concentration of firms in clean tech and sustainable industries. • Influx of “creative class” talent • Years of recognized leadership in all facets of sustainable living – green building, transit, land use, recycling, bicycle use. • Supportive state and local policy environment Portland Ground: Pictures of Portland Oregon www. portlandground.com
The Challenge: Portland’s economy exhibits real weaknesses due to vexing challenges • Higher unemployment • Higher poverty rates • Lagging median income • Sluggish central city job growth • Inconsistent funding for higher education • Inconsistent institutional collaboration and alignment • Lack of investment in economic development Portland Ground: Pictures of Portland Oregon www. portlandground.com
The Premise: Portland’s emphasis must shift to investment in economic development Portland Ground: Pictures of Portland Oregon www. portlandground.com
Three Tenets of the Economic Development Strategy • Maximize Competitive Environment • Drive Urban Core Innovation • Stimulate Small Business Vitality Portland Ground: Pictures of Portland Oregon www. portlandground.com
How does the Economic Development Strategy Map onto New Central City Urban Renewal Area? Central City Job Creation  Drive firm location and expansion decisions Alignment with Higher Education/PSU  Fulfill MOU  Centers of Excellence Next Generation Built Environment  Living Building  Eco-districts

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