Tough times in Tacoma’s down town core

Business & Technology | Tacoma works to recover from economic blows | Seattle Times Newspaper.

Interesting:

About one-quarter of Tacoma’s residents older than 25 have at least a bachelor’s degree. In Seattle, more than half do. In Portland and Salt Lake City, about 40 percent.

And:

Meanwhile, city leaders are supporting another initiative: a grow-our-own strategy under a campaign, called “Shift Happens,” that focuses on nurturing local small businesses rather than recruiting big ones.

“Tacoma is littered with the husks of large companies that once composed the foundation of our economy,” according to the campaign, which cites the departures since the 1970s of corporate headquarters such as Weyerhaeuser and Russell as well as large employers such as Expedia and Nalley’s.

And:

Bringing conventions and events to the city can help the local economy, he said, but Tacoma has stiff competition.

“It’s hard to compete with Vegas,” Wali said. “Tacoma’s as much fun as Sacramento, as much fun as Boise.”

To increase the desirability of shopping down town – the city just started to charge for parking that was previously free. Brilliant.

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