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Article: City urged to build on assets in push for economic growth.(Local)
- Article from:
- The Virginian-Pilot (Norfolk, VA)
- Article date:
- November 8, 2009
CopyrightCOPYRIGHT 2009 The Virginian Pilot-Ledger Star. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Jen McCaffery
The Virginian-Pilot
PORTSMOUTH
This city doesn't have much cash to entice developers. But it does own some strategic parcels that could spur economic growth. And Portsmouth has access to state, federal, and local incentives that can drive investment in the city.
That's what members of City Council heard during a retreat Saturday as they developed a strategy to jump-start economic development over the next three to five years.
Council members prioritized four industry areas they would like to attract and retain, building on the assets the city already has: Retail and small businesses; health care and life ...