The greater Portland region's dedication to creating a great quality of life has brought an influx of new residents and rapid job growth. This growth creates challenges for the region’s livability and social equity. This includes wage disparities, fewer affordable housing options and longer travel times that reduce access to jobs and impair the movement of both workers and goods our businesses depend on.
We have robust plans for land use and transportation, but we also need to ensure those plans help our economy thrive. We need to think about where businesses are growing, what they need, how people get there and how products get to market. This goes beyond raw job numbers and acreage to creating a place that attracts business and talent.
Public investments take many forms, from local transportation funds to regional equitable housing grants and federal economic development programs. The Economic Value Atlas will inform policy and public investment to support growing industries and create access to family wage jobs and opportunities for all businesses and residents.
By sharing resources and information at a scale that crosses city and county lines, greater Portland will build and leverage distinct competitive advantages for communities and industries. The Economic Value Atlas will provide a solid data foundation for key regional activities such as:
- defining potential areas for partners to collaborate and develop shared investment strategies
- providing a data picture of the regional economy to align investments that achieve the coordinated vision of Greater Portland 2020, the 2040 Growth Concept and the Regional Transportation Plan.
- pinpointing areas of focus for regional investment to bridge local and regional economic development aspirations.
- outlining a path to pursue policy, actions and investment that help secure these outcomes.
Phase 1 | Startup and partner engagement
Spring 2016 to spring 2017
- Economic development listening tour
- Kick-off event series and task force formation
- Regional market assessment initiation
- Analysis framework
Phase 2 | Analysis and tool development
Spring 2017 to summer 2018
- Final regional market assessment
- Early spatial mapping and tool development
- External review and refinement
Phase 3 | Delivery and implementation
Fall 2018 to spring 2019
- Final Economic Value Atlas and mapping tool
- Implementation plan and applications