CED Plan Breakdown - Economic Development

CED Plan Breakdown - Economic Development

 A strong economy improves the livability of a neighborhood, improving housing stock, attracting new residents, increasing school success, reducing crime and contributing to the health of children and families.

Mansfield was once a booming industrial hub, but no longer. However, there are new strategies for economic development emerging. From small businesses to healthcare-related industries, resources are becoming available to support their growth.

The North End is rich in assets, both social and economic. Leadership from the non-profit sector, elders, faith-based groups, and the community’s young adults have begun the process of creating community-driven strategies that connect economic development opportunities. 

Economic Development Recommendations:

  1. Surveyed North End residents indicated that the most needed business on the North End is a grocery store. Moreover, residents indicated that business development efforts should focus on the following: 1) more locally owned and operated businesses, 2) businesses that create jobs, particularly those that pay a 
“living wage,” 3) more African-American owned businesses, 4) the creation of affordable, recreation businesses for kids of all ages, 5) more businesses within walking distance of the neighborhoods. 

  2. Redevelop vacant commercial properties and land. 

  3. Encourage small business development through micro-lending, new market tax credits, etc. 

  4. Target resources to use the Arts as an economic development strategy. 

  5. Develop commercial nodes in well-traveled intersections, and target areas. 

  6. Prioritize workforce development. 

  7. Explore worker owned business ownership models 


 

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