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133: True Economic Development Provides an Opportunity for Everyone to be Successful with Ken Chapa

133: True Economic Development Provides an Opportunity for Everyone to be Successful with Ken Chapa

FromEcon Dev Show Podcast - Economic Development


133: True Economic Development Provides an Opportunity for Everyone to be Successful with Ken Chapa

FromEcon Dev Show Podcast - Economic Development

ratings:
Length:
24 minutes
Released:
Jun 17, 2024
Format:
Podcast episode

Description

In this episode of the Econ Dev Show Podcast (https://podcast.econdevshow.com), Dane Carlson (https://www.linkedin.com/in/danecarlson/) sits down with Ken Chapa (https://www.linkedin.com/in/kenchapa/), the Director of Economic Development and Tourism for the City of Avondale, Arizona (https://avondaleedge.com), a thriving community in the Phoenix metropolitan area.
Ken Chapa shares his journey and passion for economic development, highlighting his strategic vision for Avondale. With extensive experience in the field, Ken discusses the innovative approaches he has implemented to foster growth and sustainability in Avondale. He delves into the dynamic economic landscape of the city, emphasizing the importance of strategic planning and collaboration with various stakeholders to attract and retain businesses.
Throughout the conversation, Ken addresses the unique challenges and opportunities that come with managing economic development in a fast-growing urban area. He provides insights into key projects and initiatives that have significantly contributed to Avondale's economic success, including the development of the Avondale City Center, efforts to enhance infrastructure, and the attraction of healthcare and technology companies to diversify the economic base.
Ken also explores the role of technology and data in shaping economic development strategies. He shares examples of how Avondale leverages data-driven decision-making to identify trends, optimize resources, and create a business-friendly environment.
Additionally, Ken emphasizes the significance of community engagement and partnerships in driving economic development. He highlights the importance of building strong relationships with local businesses, educational institutions, and community organizations to create a holistic approach to growth and development.
By showcasing the innovative work being done in Avondale, this episode provides valuable insights and practical strategies for economic developers and community leaders looking to drive positive change in their regions. Ken's passion for economic development and his commitment to making Avondale a thriving and sustainable community make this episode a must-listen for anyone interested in the field.
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Actionable Insights for Economic Developers:
Focus on Unique Strengths: Identify and leverage the unique aspects of your community to stand out. For Avondale, this included its young population and investment in amenities that cater to younger families and professionals.
Develop Mixed-Use Projects: Consider developing mixed-use projects like the Avondale City Center to create vibrant, multi-functional spaces that attract residents and businesses alike.
Invest in Parks and Recreation: Invest heavily in parks, recreation, and community spaces to enhance the quality of life for residents and make your community more attractive to newcomers.
Foster Strong Educational Partnerships: Build strong partnerships with local schools and universities to support education and workforce development, ensuring a skilled talent pool for local businesses.
Engage with the Community: Actively engage with residents to get their input on projects and initiatives. This helps build a sense of ownership and pride in the community.
Leverage Data for Decision-Making: Use data-driven decision-making to identify trends, optimize resources, and create a business-friendly environment.
Attract Diverse Industries: Diversify the economic base by attracting a variety of industries, such as healthcare and technology companies, to ensure economic stability and growth.
Improve Infrastructure and Connectivity: Work on transportation and infrastructure projects to improve connectivity and accessibility within the community, making it easier for people to live, work, and play.
Promote a Business-Friendly Environment: Create policies and initiatives
Released:
Jun 17, 2024
Format:
Podcast episode

Titles in the series (100)

We explore the strategies, ideas, and insights that are driving economic development forward into the future. You'll hear new insights from passionate ED's about their successes and struggles, and you'll learn from attraction and retention experts about how to apply actionable strategies inside your EDO. We'll help take your organization, your community, and your career to the next level.