Page 88 - Grenada County, MS Build Better Together 2040 Plan

Grenada County Build Better Together 2040 Plan

Introduction

This Economic Development portion of the Grenada County 2040 Plan focuses on four key planning concerns:

 Areas where Grenada County can differentiate itself and leverage local advantages.
 Linkages to other plan sections in areas that influence or support economic development objectives (e.g.,
infrastructure and public services, transportation, housing, land use, education/training resources,
recreation and amenities, community appearance, etc.).
 Decision guidance for the use of available economic development tools.

 Ways to measure progress on economic development objectives.
Additionally, this section relates to the other Plan sections in these essential ways:

Growth Capacity as attracting and retaining a diverse set of businesses and employment opportunities
depends on having adequate infrastructure in place to support such private investment. The cycle then
continues, as public investments in water and wastewater, roads and other infrastructure creates an
environment to attract more private investment which, in turn, creates more jobs, increases property
values and generates more tax revenue to support future public investments.
Housing and Development as preparing land for new development and increasing the amount of housing
provides an opportunity for new residents to move to the community, and for existing residents to move
into a new home. These residents then contribute to the local economy through their earnings, spending
and paying taxes, which supports ongoing public and private investment in the area to create additional
housing and development.
Transportation as establishing a robust network of roadways with appropriate capacity improves access
to employment opportunities, educational facilities, shopping and restaurants, and recreational
amenities, all of which play an important role in Grenada County’s economy. Area businesses also depend
on a multi-modal transport system involving highways, rail and airport access.

Recreation and Amenities as providing more opportunities within Grenada County to dine, shop and
spend leisure time keeps locally-earned dollars within the area, contributing to a robust local economy
that supports a variety of businesses and development opportunities, as well as the means for creating
new recreational offerings and adding more amenities.
Well-constructed economic development policies and programs afford local governments the greatest
opportunity to influence the quality, quantity and timing of development. Successful economic development
also requires a focus on quality of place, as has become an increasing focus in Grenada County in recent years.

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