AC44 Phase 2: Economic Development

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A vibrant and sustainable economy is a critical aspect of a thriving community.

A strong economy provides job opportunities, competitive wages, and pathways for career advancement. Economic prosperity also enhances the visibility of the community, attracting visitors, and retaining current residents.

The Comp Plan update provides an opportunity to work toward a more equitable community and expand education, career, and business options for all community members. A thriving community includes not only economic development, but also a support system with affordable childcare, job training, housing affordable to the local workforce, and reliable public transit.

Building Upon the Work: Project EnABLE

We will build on Project EnABLE, the strategic plan of our Economic Development Office (EDO), adopted in 2018. EDO efforts provide support to primary businesses, which produce goods or services locally and primarily sell those goods or services to customers outside of the Charlottesville metropolitan statistical area, bringing financial resources into the community. The revenue generated by primary businesses helps strengthen local consumptive businesses (such as restaurants), retaining financial resources in the local economy. A key Project EnABLE implementation strategy involves supporting target industries such as bioscience/medical, financial services, IT services, defense, and agribusiness.

A vibrant and sustainable economy is a critical aspect of a thriving community.

A strong economy provides job opportunities, competitive wages, and pathways for career advancement. Economic prosperity also enhances the visibility of the community, attracting visitors, and retaining current residents.

The Comp Plan update provides an opportunity to work toward a more equitable community and expand education, career, and business options for all community members. A thriving community includes not only economic development, but also a support system with affordable childcare, job training, housing affordable to the local workforce, and reliable public transit.

Building Upon the Work: Project EnABLE

We will build on Project EnABLE, the strategic plan of our Economic Development Office (EDO), adopted in 2018. EDO efforts provide support to primary businesses, which produce goods or services locally and primarily sell those goods or services to customers outside of the Charlottesville metropolitan statistical area, bringing financial resources into the community. The revenue generated by primary businesses helps strengthen local consumptive businesses (such as restaurants), retaining financial resources in the local economy. A key Project EnABLE implementation strategy involves supporting target industries such as bioscience/medical, financial services, IT services, defense, and agribusiness.

What questions do you have about Economic Development?

This is a complex topic with lots of implications. What questions do you have?

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    Are you including the economic importance of tourism for our unique environmental beauty in calculations for economic development? Tourism $ should be calculated in a way that sustains financial protection of scenic & natural resources in Albemarle.

    LBJ asked about 1 year ago

    Thank you for your question! The importance of tourism locally is included in both the AC44 Economic Development Topic Report and the AC44 Natural, Historic, Scenic, and Cultural Resources Report. These reports recognize that protecting local natural resources is important for both the environment and for supporting local tourism. If you would like to share more input on these topics, we have a questionnaire open through March 10. Also, if you have not already, we recommend registering on the AC44 website to receive updates on the latest questionnaires, events, and draft materials. 

Page last updated: 05 Feb 2024, 08:20 AM