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Unlock the secrets behind St. George City's economic development strategies with insights from Chad Thomas, the Economic Development Director, and David Cordero, the Communications and Marketing Director. Discover how the city's economic policies are shaped by local elections and sales taxes, and what the arrival of a second Costco means for residents and businesses across Southern Utah. We'll guide you through the intricate dance of attracting big-name brands like Trader Joe's, while also supporting small businesses, all without raising taxes.
The podcast explores the intricate relationship between sales tax revenue and economic development in St. George, particularly focusing on the impact of a second Costco. The discussion delves into the importance of incentives for attracting business, the balancing act between supporting large corporations and local businesses, and the vital role of community engagement in shaping future city policies.
• The crucial role of sales tax in funding city services
• Insights into the site selection process for businesses
• The implications of a second Costco on the local economy
• Discussion on the but-for principle in economic incentives
• The importance of balancing support for small businesses with larger corporations
• Community engagement as a critical component of economic development
• Future growth strategies and the role of infrastructure in attracting businesses
Guest: David Cordero - Communications and Marketing Director at City of St. George, UT
LinkedIn: https://www.linkedin.com/in/dcordero1/
Guest: Chad D. Thomas -Economic Development Director at City of St George, UT
LinkedIn: https://www.linkedin.com/in/chad-d-thomas-a6a43560/
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Find FS Coffee here:
https://fscoffeecompany.com/
Find Tuacahn Amphitheater here:
https://www.tuacahn.org/
Find Blue Form Media here:
https://www.blueformmedia.com/
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[00:00:00] Intro.
[00:02:07] Local Economic Development in Southern Utah.
[00:13:09] Attracting Businesses for Economic Growth.
[00:26:37] Supporting Small Businesses for Economic Growth.
[00:32:09] Economic Development Incentives and Competition.
[00:44:15] Economic Development and Incentives.
[00:57:13] Economic Development in Southern Utah.
[01:08:16] City Address and Transportation Expo Teasers.
[01:15:21] Building a Strong Community Together.