Viewpoint: Arena debate shows region needs new approach to economic development

We are witnessing a rapidly shifting landscape from Baltimore to Richmond, with 10 million residents across increasingly diverse communities, cultures, businesses, and educational institutions. The traditional approaches to economic growth are no longer sufficient.

Three months ago, I highlighted the importance of regionalism and the role that it must play for Greater Washington to achieve bigger wins in economic growth. Now, in the dawn of the new year, it is more critical than ever. Investors, both public and private, seek broad, collaborative approaches that are not bound by traditional geographical lines or political jurisdictions to maximize a return on investment and long-term success.

If we are to keep pace as a leading national and global economy, then we must embrace a growth mindset. Regional coordination and collaboration are critical to ensure that we forge resilient and interconnected communities that best position us to compete, retain our leading employers and attract…

Read the full story from the Washington Business Journal.
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