Mixing Economic Development And Planning

15 February 2005 - 5:00am

Ask planners if they are involved in economic development in their community and often the response is "no" or "not really," when the answer ought to be "yes."

"Too often, planners defer to their city's economic development department or the local chamber of commerce — or give the nod to the local redevelopment agency, private industry council, visitors and convention bureau, or downtown merchants association."

The authors of this article in Planning Magazine " contacted eight planning and economic development professionals with different geographical focuses (rural, small town, city, regional, national, international) and different types of economic development practice. [The authors] asked them to define economic development, describe the role that planners play in economic development, and cite economic development projects that involved planners."

Full Story: Money Matters
Source: Planning Magazine, February 12, 2005
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.