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

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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

SLIDE 1

WHY PORTLAND?

City of Portland: 5-Year Economic Development Strategy

SLIDE 2

Portland Ground: Pictures of Portland Oregon www. portlandground.com

The Opportunity: Portland can be the capital

f 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

SLIDE 3

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

SLIDE 4

Portland Ground: Pictures of Portland Oregon www. portlandground.com

The Premise: Portland’s emphasis must shift to investment in economic development

SLIDE 5

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

SLIDE 6

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