The Regional Approach
One of the common strengths that many of America’s Hottest 50 Cities have is their regional approach to site location. Instead of the primary city and its suburban counterparts bickering over a potential project, they work together because they know in the end, everyone in the metro area benefits — no matter where the project is sited.
Jobs Now! is the first coordinated, regional economic development strategy in the Knoxville-Oak Ridge metro area, also known as Innovation Valley, and its investors include more than 170 private and public partners. The aim of the program is to increase jobs and capital investment in the region.
“This has allowed us to pool resources, avoid duplicating efforts and really engage business leaders in economic development,” Knoxville Mayor Bill Haslam said. “We believe this is just the beginning of our success.
“We’ve worked really hard in Knoxville to think and act regionally in our economic development efforts, to leave our egos and our logos at the door, and I believe that’s paying off for our community,” he added.
Nashville’s Miller said the regional approach extinguishes the city and county lines — lines that mean nothing to an expanding company.
She pointed to the relocation of Louisiana Pacific in 2004. The company put its corporate headquarters in downtown Nashville (Davidson County), its research and development facility in Williamson County, its corporate jet hangar in Rutherford County and a number of executives live in Sumner County.
“If you are squabbling and backbiting, nobody will land the deal,” she said. “At the end of the day, everybody [in the region] benefits in you work together on a project.”