Recap: Economic Development Member Meeting - Nancy Floreen and Holly Sullivan - June 12, 2014

Posted Date: 
June 12, 2014

May 8, 2014 Recap:

Guest Speakers:  Nancy Floreen, Montgomery County Council (At Large) and Holly Sullivan, President, Montgomery Business Development Corporation (MBDC)

The co-chair of the Economic Development Committee, Stew Edelstein, welcomed MCCC members and introduced the guest speakers, Nancy Floreen, Montgomery County Council (At Large) and Holly Sullivan, President, Montgomery Business Development Corporation (MBDC).

Economic development and job creation are challenges in Montgomery County and are important issues in the upcoming primary election taking place on June 24, 2014. The election is anticipated to have a low turnout.

Floreen is Chair of the Planning, Housing and Economic Development (PHED) Committee. The next master plan in front of the committee is the White Oak Master Plan. The plan has positive support and with discussions focusing on addressing transportation and traffic issues. The PHED Committee is finalizing the Zoning Ordinance Rewrite, which will create a more streamlined process.

The County added positions to the Economic Development department with the goal of expanding their reach. Floreen and the Montgomery County Council started MBDC to be the voice of the business community in terms of economic development. MBDC is focusing its efforts on traditional economic development efforts including data collection and marketing.

Sullivan stated that Montgomery County has unique assets, but there has not been a focused effort on marketing those assets to the rest of the region and the country. MBDC is partnering with University of Maryland for static economic data collection on a quarterly basis. This data helps communicate Montgomery County’s assets to potential employers. Sullivan is building relationships with site selection consultants to help companies external to our region learn about the benefits of locating in Montgomery County. MBDC will also participate in conferences, including international associations, to promote the county.  All of the marketing information as well as the work plans can be found at on the MBDC website.

Floreen and Sullivan stated they encourage the business community to be in touch with them regarding issues and suggestions.

 

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