Economic Development Futures Journal

Saturday, November 11, 2006

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Getting Businesses to Locate in Your Downtown

Communities everywhere struggle with this issue. Here the latest from San Jose, CA:

" Last-minute talks aimed at keeping the hope to bring Nvidia Corp. to downtown San Jose were declared dead Friday morning.

Harry Mavrogenes, executive director of the city's redevelopment agency, received word at 11:15 from Nvidia that the chip maker had made a definitive decision not to expand in the downtown. "

Read more here.

The answer: It's tough and not getting any easier. It's just too easy for companies to locate in nice suburban business parks. True. Downtown is not for everyone, but maybe if we strenghtened our downtown strategies and worked at making downtowns more 'regionally significant' we'd stand a fighting chance.

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