2019 EDA Spring Newsletter

Economic Development

Economic Development Attends ICSC 2019 The annual trade show is an opportunity for cities and government agencies to promote business growth.

Above: Countywide Economic Development representatives promoting business opportunities at the International Council of Shopping Centers RECon Trade Show.

One of the most personal ways Economic Development efforts are visible in a community is by the retailers that locate there. Whenever a new retail building is being built on the corner, residents won- der – “Is that my favorite restaurant or coffee shop? When is my favorite retailer coming to town?” Much of that effort begins with cities, counties and private partners working hard to attract these companies to their area. Riverside County is no exception. Every year there is a gathering of over 30,000 retail and real estate professionals along with gov- ernment representatives at the Las Vegas Conven- tion Center to compete for the attention of desired retailers in their community. Team Riverside Coun- ty has had a strong presence at the show for many years with our city and private partners. The Coun- ty’s approach allows our partners to leverage their resources with the County and other cities to have a presence otherwise not possible. This approach also serves our customers better by providing a one-stop location to meet with many cities at once.

This year the following partners collaborated

with EDA to showcase their cities: • Temecula • Jurupa Valley • Coachella • Rancho Mirage • Riverside • Perris • Palm Desert • Wildomar • Cathedral City • DMG Economics • Lake Elsinore • Indio • Murrieta

Retail attraction involves meeting directly with retailers and developers to share an area’s de- mographic profile, population and job growth data. Each retailer analyzes a city or region by different cri- teria based on what service or product they provide.

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