Portland's Economic Development Strategy:
A Five-Year Plan for Promoting Job Creation and Economic Growth
In the midst of a period of extraordinary change, Portland needs a strategy to guide the city's economic growth over the next five years. Under Mayor Sam Adams leadership, the Portland Development Commission has drafted a five-year plan to direct the investment necessary for Portland to compete in a transformed global economy.
Portland seeks to build the most sustainable economy in the U.S. and, in the process, create 10,000 new jobs. The city already possesses unique competitive advantages that make it a front runner to be the center of the U.S. green economy: an existing concentration of firms in wind, solar and green development clusters; years of recognized leadership in all facets of sustainable living ? green building, transit, land use recycling, and bicycle use; and supportive state and local policy.
To build a sustainable economy, Portland must assert leadership in three overlapping areas: sustainable job growth, a sustainable way of life and inclusive prosperity. The interplay of these three elements creates a resilient economy where business activity reinforces our shared values, our way of life contributes to a thriving local economy and all Portland residents share in the benefits of this growth.