Monday, May 31, 2004
Bass Pro Shops have been moving into cities across the country and landing fat incentive packages in the process. In Buffalo, N.Y., Bass Pro is being offered $80 million in incentives to anchor a redevelopment of the city's empty municipal auditorium. Officials in the Tulsa suburb of Broken Arrow recently disclosed a $24 million incentive package to bring a store to a 65-acre development.
All totalled, economic development incentives for Bass Pro Shops top $500 million, according to a recent report out of Oklahoma. In an age of global competition, luring fishing stores is not a very smart investment of scarce public funds. Read more.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.