TRAVERSE CITY — The Record-Eagle has recently reported on efforts by local communities outside of Traverse City where leaders are taking a hands-on approach toward building the economy in their own backyards.
And well it should.
From Kalkaska County to the village of Kingsley up to the Benzie area, community leaders are rolling up their sleeves to fill community store fronts, seek clean technologies to create jobs, build commercial and residential tax base and find new markets for northern Michigan’s unique product mix. These communities have something else in common: Their leaders reached out in various degrees for assistance from the Traverse Bay Economic Development Corporation, a subsidiary of the Traverse City Area Chamber of Commerce serving our multi-county region.
Together we’re working with residents, property owners and other community stakeholders to craft local economic growth strategies. Some still question the impact that communities can have on their own economic destinies. They are content to let larger market forces prevail and let the chips fall where they may. In many instances that “strategy” has led to a wide disparity of economic conditions across our region. Some commercial districts are thriving, but parts of others have lagged behind, devoid of the critical mass that, even on a small scale, can make the difference between a town that’s on the upswing or dying on the vine.
It’s no coincidence that local areas best at building economic growth utilize people – and resources – solely dedicated to that effort, usually in a public/private partnership. They work together every day to recruit businesses, plan out needed public infrastructure, promote and maintain their communities, and take other necessary steps for a comprehensive local growth strategy.
Not all communities have the resources to do that critical work. That’s where organizations like the Traverse Bay EDC help fill the void, offering knowledge, experience and human resources necessary to create and implement attainable and effective growth strategies.