Because more people are moving to the city and they need more services, the Mayor and Council asked for a plan to make the city better. They made a plan for the years 2021 to 2025 called the City of College Park Strategic Plan. So, the Office of Economic Development looked at how the city is doing now and figured out ways to make it better for everyone who lives there. They wrote reports that have ideas and recommendations to make the city’s economy better and make life in College Park nicer for the people who live there.
The report focuses on four main things to make the city’s economy better. They looked at how things are now, talked to the people who live there and work there, checked out what other places are doing, and made a plan to make the city’s economy stronger.
By looking at all this information, they figured out how land is used, how much money people have, how well buildings and houses are selling, and what tools they can use to make the city’s economy better. They talked to people who live there and people who work on important projects to get their ideas. They also checked out what other places like College Park are doing to get ideas on what might work here. Finally, they made a plan to make the city’s economy grow.
This report has lots of up-to-date information about the stores in College Park, jobs, houses being built, and places where people can have fun with their families, like playing games or climbing on things.
Even though the final report and plan are long, they talk about everything in the city’s economy. They want to tell the people who live there, the businesses, and the people who make important decisions about the future of College Park what they can do to make the city even better.
You can read the full economic development plan here: College Park Economic Development Strategy – FINAL – 10312023.
At next week’s meeting, the City Council will discuss the economic development plan.