Jobs, or more specifically, the scarcity of jobs, has been a big topic of discussion lately.
One of the functions of government has traditionally been economic development activities that try to attract jobs to a community or retain existing ones.
In Knox County, our economic development officials seem to believe the best way to do economic development is to build business parks. That is where we spend millions on land, put in roads and infrastructure, then try to get someone to locate their business there.
It doesn't matter that we have empty business parks, half-empty business parks and empty land and empty buildings available all over town. Our economic development entity has decided that it's new business parks or we just won't have any jobs.
It appears to me that there are a lot of things we could do to create jobs that would make more sense. Of course, the "right" people wouldn't make money off of building business parks, but I think implementing any of the ideas below would be a much more effective use of our economic development tax dollars. Maybe you have an idea too?
The Development Corporation of Knox County currently has about $17 million in the bank that we (taxpayers) gave them for economic development.
We could take the money and instead start an Entrepreneurial Council, composed of successful business people who could mentor small businesses, help them write a good growth business plan, and then FUND the best of them. It would be a great investment in homegrown Knox County businesses, and it would have a real chance of success. Or we could jump start some businesses with technology licensed from Oak Ridge or UT's portfolio of IP, and help them get SBIR grants. The biggest problem for small businesses and startups is the lack of ANGEL capital. If you need money, it's almost impossible to get, especially from a bank or venture capitalist. Seventeen million would go a long way if it was used wisely.
Another idea for economic development is to take the money and buy every one of the 54,000 students in Knox County a laptop or tablet computer, and provide high speed internet access through Knox County Schools and Comcast. Each child could have individualized curriculum that was tailored to their needs and teachers could manage student's learning, instead of being the primary resource, which would be a much more effective use of their time. We could use the money we now are spending on textbooks to help fund future systems and curriculum.
They could be configured as dumb terminals, that would only boot to a login screen for Knox County Schools. That way they couldn't get a virus, couldn't load programs, couldn't go anywhere they aren't supposed to. It would be easy for a teacher to monitor progress. They could be used so the parent could also log in and get messages from the school system.
Progressive and innovative school districts are already doing this kind of thing - just think what a boost to economic development it would be! Not only would our children (and workforce) benefit from a better, personalized education, but also think of the publicity! Everyone would want to come here so their children could attend our schools!
Option three that would be better than building another business park is to create a workforce retraining program. With so many out of work in businesses that aren't coming back, what if we trained folks in a targeted industry and then went looking for a specific company to locate here in one of our existing BP's and provided them with ready-made trained workers?
Would you rather see Knox County invest in our existing small businesses to help them grow, invest in our children by providing them with modern learning tools and buying ALL of them laptops and internet access, or invest in the people of Knox County by retraining people who have lost jobs for economic development?
Or would you prefer to spend $30, $50 million or more for TDC to build yet another business park, with no sewer, no supporting businesses closeby, no place for employees to live, on the other end of the county from the airport, and far from the center of town?
Seems like a no-brainer to me. But maybe that's my problem - I think too much.
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This idea could provide a
This idea could provide a potential candidate with an excellent foundation for a campaign platform! Brand it as "Small Business Development" and dare conservatives to oppose it.
All Edwards knows how to do is acquire land and develop
In my opinion, all Edwards knows how to do is acquire land and build strip shopping centers and negotiate leases with drugstores, Fashion Bug, Subway,Sally's, GameStop, and the UPS store, people that have literally hundreds of locations across the country.
When Loews Hotels came to town, in my opinion, Edwards was in way over his head, the prospective employer had it down to Nashville and Knoxville, lunch at Long's and a trip to a couple of empty strip shopping centers really didn't create much momentum for Knoxville and local people who have contacts within the Loews and Tisch businesses were told to get out of the way.
If you want to understand the problems with real live economic development in Knoxville, look no further than the people who are paid rather handsomely to function as the economic development guru and the deplorable track record over the past 10 years of relocating for profit business and industry to Knox County and the abundance of excuses and spins on why it can't be done.
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"If you want to understand the problems with real live economic development in Knoxville, look no further than the people who are paid rather handsomely to function as the economic development guru and the deplorable track record over the past 10 years of relocating for profit business and industry to Knox County and the abundance of excuses and spins on why it can't be done."
Knoxville is a place where the incompetent thrive. TDC is a lot like the Ten Year Plan. You would be hard pressed to find worse management. Both follow the "if you build it they will come" mantra. Sadly, that only works for one of them. The wrong one.
Someone should do a report card for the TDC. What have they done in the last ten years that justifies them sucking up so much taxpayer money? They have $17 million dollars of our money?
Let's review their successes:
The baseball stadium in Sevierville, okay that was actually a failure
The Farmers Market, okay that was a failure also
The Knoxville Convention Center, okay that was a huge failure
Some coffee thing, Green Mountain or something like that, 300 jobs?
The Sysco debacle, how many millions did that cost us for the Coster Shop cleanup?
Universe Knoxville, okay that was so bad it couldn't be bonded
Having a little trouble here. Bueller, anyone? Some enterprising people could put up a ballot referendum to shut down the TDC and take back the money. That $17 million would be handy right now.
lisa, maybe you should run
lisa, maybe you should run for mayor ... or, even governor.
what we need is smart development.
for example: flenniken could be developed (or should i say redeveloped) as workforce housing, providing healthy, affordable, close-in housing to some of those kids (and their families) working at the tomato heads, costas and downtown breweries.
not only would that help low-wage earners, but help the neighborhood as well.
Workforce housing
That makes no sense, admit it. If the workforce needs housing they can go across to street to Taliwa Square and rent a 2 BR apartment for $475/mo. It doesn't get more affordable than that.
Small Business Incubation
I like Lisa's idea, especially if it could be geared with subsidizing the creation of the content delivery systems for e-learning. Those products could then be exported to other school districts and jobs created here.
We have a lot of good small businesses and people with good ideas, but it's hard to get started in this economy- rent, telecommunications (phone/internet), and health insurance being a cost that affects any startup. Tech 2020's incubators offer cheap rent, but amazingly they backed off of a facility that could offer telecommunications infrastructure (they wouldn't fund it, and they hated doing the bill-back is what I heard...but VOIP phone is insanely cheap now, they could throw it into the rent).
Health care... well, that's another debate and a more national problem. Which doesn't mean you can't have a local solution.
And Tech 2020 is limited to new product / high tech, but the idea could be expanded to other types of businesses within reason.
Our county, TVA, DOE, UT, and major businesses should be strongly encouraged, perhaps through local tax policy, to do business locally. Perhaps a 3-year abatement of sales taxes for products and services bought locally for businesses.
And we don't have to pay someone $17 million to administer the plan.
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Make it an office complex. Everybody wins.
I think in today's economy
I think in today's economy the best way to attract business to your community is to make it a more interesting, sustainable and convenient place to live. So many high paying industries can locate wherever they want. Its the amenities and long term vision of a place that draw them.
Interesting: Downtown's renaissance has taken us a long way towards being more interesting. Way further than all our business parks combined. The South Knox Waterfront would take downtown to the next level of interesting.
Sustainability: We have a long way to go here. Look at places like Portland Oregon and all the amazing sustainability initiatives they have. Now look at how fast Portland is growing, primarily because people feel it is a interesting and sustainable place to live.
Convenient: Knoxville is plenty convenient...if you want to drive everywhere. We need more walkability to really be convenient. To do that we need more attention to residential development around pedestrian friendly nodes of development that also have mass transit.
Downtown is a node as is Fountain City.
The malls could be too.
Bearden, Happy Valley are emerging nodes.
Burlington could once again be a node.
Broadway shopping center is already a node, but a kind of down and out one that could use attention from MPC and TDC.
Downtown west could be another node as could Turkey Creek.
Can you think of any other nodes of walkability that could also provide a base for expanded transit?
But Downtown is our main node and hub. Its also the one most likely to attract high paying jobs. Hence TDC should be focusing on jobs in the downtown area, not business parks.
Young high area
Excellent point about the nodes. Youg high pike at Chapman has stores, banks, restaurants, library, post office, & park with a range of housing choices nearby. What it desperately needs is walkability & street trees/aesthetics. Why not spend some of the midway money there and at the other nodes.
Great idea!
Great idea!
Office complex
There's room for an office complex next to the post office. Plus the old Food city can be repurposed.
I hardly think that all these
I hardly think that all these ideas about how we can have nice, clean aesthetic industry is going to work.
While Anderson Co. gets an expanding auto parts manufacturing plant and a solar panel plant, Knoxville's citizens keep coming up with some magical ideas that they think will turn Knoxville into some kind of EPCOT.
Mayberry was a Hollywood set.
Deal with it.
????
You mean like Disney? I don't think anyone has proposed that, at least not since the last Worsham/Watkins plan.
Anderson County got the solar panel plant for one reason and one reason only - they went to the only place that had special electrical capacity already in place for their very specific needs. And they located on only 25 acres.
The auto parts plant is an existing company that is expanding that was already in their business park.
What IS interesting and relevant is that the DOE just GAVE Anderson County a bunch of land for yet another industrial park and they have built a 50,000 sq/ft spec building on it.
Why would a company prefer to locate at Midway in Knox County when Oak Ridge has the largest concentration of PhD's in Tennessee . . . and the National Lab . . . and the Spallation Neutron source . . . and flat land with sewer and gas just like the big cities. Why are we competing with Blount, Anderson, and Roane County business parks instead of cooperating with them? It's likely that locating a business park at Midway would create jobs for Sevier and Jefferson County anyway instead of Knox County.