Tuesday, September 09, 2014
Megasite ‘coopetition’ rare in economic development
PANAMA CITY — In the competitive world of economic development, cooperation between states is rare.
But “coopetition” is the driving force behind the Tri-State Megasite Alliance, a 10-county effort in North
Florida and South Alabama to lure a major economic development project to Campbellton, a small town in northern Jackson County.
“For the other counties to say ‘we support this site in one county’ is really a show of what we call coopetition,” said Neal Wade, Bay County Economic Development Alliance director and project co-chair.
“It allows both states to go after an automotive project for less than if you went after it by yourself.”
Now two years into the project, the alliance has identified a 2,200-acre site near U.S. 231 in Campbellton with the right ingredients to house an auto manufacturing plant, the targeted industry for the space. More here.
Posted by Place Marketing Group at 4:58 PM