New Castle County kicks off economic development plan effort

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Caesar Rodney MonumentNew Castle County County Executive Tom Gordon   kicked off New Castle County 2025,  an economic development plan.

“Delaware has been dealt a nasty blow in the last 15 years,”   Gordon said. “While we may never have the economy of old, what we can do is proactively plan for the economy of the future. We need a holistic approach and a well-defined vision.”

Chief Administrative Officer David Grimaldi said New Castle County 2025 would mark an important shift in the County from a transactional, reactionary model to one that’s proactive and comprehensive.

“There’s an old saying. If you fail to plan, you plan to fail,”   Grimaldi said. “New Castle County being two-thirds of the population and three-quarters of the economic output, we felt it best to lead the charge and create the first ever comprehensive development plan in the State of Delaware.

“I want to thank the Governor’s Office for their support,” he added. “I called his chief of staff to see if they would be willing to join us. He responded very quickly, ‘We’re in.’ This is an exciting opportunity to engage all layers of government, for the first time, and develop an economic path forward.”

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The plan will have three parts:

  • Strengths and weaknesses of Delaware (a SWOT analysis)
  • Identify the growth areas of the future and demographic shifts
  • How to get the county and state to attract growth industries of the future

Wadley-Donovan GrowthTech  has been hired to develop New Castle County 2025.  The firm was selected because of its  reputation in the realm of economic development, according to a county release.

Wadley-Donovan GrowthTech President Bill Frederick gave an overview of the project and steps, which will include:

  • Analysis of economic and demographic conditions
  • Identification of marketing strengths and obstacles to development
  • Identify target industries
  • Specific action steps to be taken

Frederick said it was important for all stakeholders to work on this plan, including the County, the State, local businesspeople and farmers – several of whom attended the kick-off.

Gordon has expressed concern about the state of economy following a number of negative reports after he took office. He recently ordered administrative changes in an effort to spur home building.

That marks  a change from his first two terms when he pushed through Comprehensive Development Plan. Critics claimed the plan has made development difficult in the county and pushed growth to Middletown, Cecil County and other areas not affected by the code.

At the time, Gordon said the county was suffering from sprawl and overdevelopment. Gordon did go on to support the formation of a New Castle County Economic Council, which now operates under the auspices of the New Castle County Chamber of Commerce.

 

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