Peoria is a great place to live and work. Click on the image below to see a video about economic development in the City of Peoria.
Economic Development in Sarasota
Green energy composite materials manufacturer 5D Composite Inc. to create 120 jobs with move to Sarasota County from Canada
5D Composite Inc., based in Ontario, Canada, plans to relocate part of its manufacturing operation to Sarasota County in 2011 and create 120 jobs over five years, according to Mark Huey, president and CEO of the Economic Development Corporation of Sarasot
TIF in Michigan
Chuck Eckenstahler has written a excellent article explaining Tax Increment Financing in Michigan. The State is considering abolishing TIF. In this tough economic time that would be a major mistake.
Click to read the Article
Click to read the Article
Tracking the Stimulus Money
The site maintains a map. I checked out my two States, Florida and Illinois. Each State received over $11 billion in stimulus funds, and spent over $5 billion in funds.
So far they are equal. But then we get to the self reported number of jobs created. Illinois claims over 13,000 jobs, while Florida claims over 59,000 jobs. Was Florida over four times as successful as Illinois creating jobs, or were they just more aggressive in guestimating the numbers?
Impossible to know for sure. Probably some of both.
State Funds Received Jobs Cost Per Job
Created
Illinois 5,900,430,000 13,000 453,879
Florida 5,436,100,000 59,844 90,838
IL v Fl Job ratio 5 to 1
Click to Read More
http://www.recovery.gov/
Inequality
Economic inequality has been mounting in the United States, hitting levels not seen since the Gilded Age. There are numerous explanations for this phenomenon, ranging from the decline of unions and high-paid manufacturing jobs to the rise of globalization, of new technology, and knowledge-based work (what economists call “skill-based technical change”) and the bifurcation of the labor market into high-skill and low-skill jobs.
http://www.creativeclass.com/creative_class/2011/02/25/cities-inequality-and-wages/
http://www.creativeclass.com/creative_class/2011/02/25/cities-inequality-and-wages/
Artist Relocation Program
An interesting way to promote the economic redevelopment of an older city is to create an artist relocation program. The City of Paducah has one of the oldest and most successful programs, summarized on the web site below:
The following is a possible program that a city could implement. Please feel free to use it for your program.
Our city is looking for a few good artists. The city is developing an Artist Relocation Program. We want artists to move into our great community, and help us redevelop our new avante garde neighborhoods near our thriving downtown. We want quality artists everywhere, creating a lovely dynamic creative neighborhood designed by artists for artists.
We have some great redeveloping neighborhoods where an artist can find a work-live loft at an affordable cost. We have programs that provide help for artists to purchase and rehabilitate old warehouses. And we have developers who are rehabbing space designed to house artist studios and residences.
Take a look at:
All our programs http://www.peoriaed.blogspot.com/
Photos http://picasaweb.google.com/peoriamaps
Renaissance Parkhttp://www.renaissanceparkpeoria.com/
Warehousehttp://www.warehousedistrict.blogspot.com/
Outdoor Sculpture http://www.artspartners.net/
Home buying assistancehttp://www.reachillinois.org/employers.asp?id=187
Affordable Homeshttp://www.eppraisal.com/NationalMSA.aspx
Great Rentals http://zerlaproperties.com/
______________________________________
Check out the Sioux Falls, South Dakota Sculpture program at:
http://www.sculpturewalksiouxfalls.com/
LINKS
http://www.artspartners.net/
http://www.apollopeoria.com
http://www.prairiecenterofthearts.org/
http://purposedrivenart.org
http://www.peoriaartguild.org/
www.ci.peoria.il.us/arts-and-culture-recreation
http://www.lakeview-museum.org/
www.explorepeoria.com/pages/peoriaartsnonprofits
www.ci.peoria.il.us/parks
http://www.peoriahistoricalsociety.org/
http://www.peoriasymphony.org/
http://www.peoriariverfront.com/
http://www.peoriamagazines.com/
http://www.fineartssociety.net/
http://www.cityofeastpeoria.com/
http://www.wpamurals.com/
http://www.peoriareads.org/
http://www.teamdanceillinois.org/
http://www.artsalliance.org/
http://www.photolinks.com/
http://www.discoverourtown.com/
http://www.peoriahistoricalsociety.org/
http://www.peoriaprogress.com/
http://www.peorianext.org/
http://www.artic.edu/
http://www.artsalliance/
http://www.peoria.org/
http://www.sculpture.org/portfolio/sculptorPage.php?sculptor_id=1000508
http://www.artspartners.net/
http://www.apollopeoria.com
http://www.prairiecenterofthearts.org/
http://purposedrivenart.org
http://www.peoriaartguild.org/
www.ci.peoria.il.us/arts-and-culture-recreation
http://www.lakeview-museum.org/
www.explorepeoria.com/pages/peoriaartsnonprofits
www.ci.peoria.il.us/parks
http://www.peoriahistoricalsociety.org/
http://www.peoriasymphony.org/
http://www.peoriariverfront.com/
http://www.peoriamagazines.com/
http://www.fineartssociety.net/
http://www.cityofeastpeoria.com/
http://www.wpamurals.com/
http://www.peoriareads.org/
http://www.teamdanceillinois.org/
http://www.artsalliance.org/
http://www.photolinks.com/
http://www.discoverourtown.com/
http://www.peoriahistoricalsociety.org/
http://www.peoriaprogress.com/
http://www.peorianext.org/
http://www.artic.edu/
http://www.artsalliance/
http://www.peoria.org/
http://www.sculpture.org/portfolio/sculptorPage.php?sculptor_id=1000508
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