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Economics

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Helping expanding and new small businesses address their real estate needs

Article Abstract:

A multi-tenant space strategy creates real estate needs of local communities' expanding and new businesses. Creating space to accommodate existing and potential businesses ensures local communities' economic growth. The strategy developed at Leavenworth County, Kansas demonstrates an effective local community economic development effort. Comprehensive evaluations of target location and construction needs by the local government, prospect developers and potential industrial tenants help in implementing a multi-tenant space program.

Local government, Real estate development, Industrial locations, Industrial location

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Existing industry expansion: a case study

Article Abstract:

A study revealed the effectiveness of local community efforts in pushing local economic development programs. As business retention and expansion are vital in every economic development program, communities' cooperation are likewise imperative. A classic example is demonstrated in the case of Atlas Processing Company and the Shreveport community in Louisiana. Atlas, a petroleum industry player which has been in existence at Louisiana since the 1920's, has grown to be a major source of employment and revenue for Shreveport.

Case studies, Industrial development, Industrialization, Atlas Processing Co.

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The business retention program of Thornton, Colorado

Article Abstract:

A study revealed the benefits earned when a local community partners with local businesses. A classic example is demonstrated by the Business Retention Program espoused by the city administration of Thornton, Colorado to attract and retain local businesses. Before, interactions between the city and local businesses are limited only to legal matters, now a more profound relationship is in existence. Personal business visitations precede the city's business outreach program implementation.

Economic development, Business enterprises, Thornton, Colorado

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