Representatives from the FloridaWest Board of Directors and the Pensacola-Escambia Promotion & Development Commission presented the FloridaWest/PEDC Five-Year Strategic plan to the Escambia County Commission during today’s Committee of the Whole Meeting. The plan will be presented to Pensacola City Council at an upcoming meeting.
The detailed strategy addresses six areas of work, all designed to improve economic outcomes for the citizens and communities. This will be accomplished by increasing the number of high wage jobs available in the community, increasing the local tax base, and improving educational opportunities in specific target industry sectors.
FloridaWest will primarily work to increase capital investment and high wage jobs by attracting new businesses, retaining and expanding existing businesses and helping new businesses grow.
The Board members of the PEDC and FloridaWest met in day-long public meetings in January and April, volunteering their time to draft the comprehensive plan.
“Economic Development is an investment in our future,” said FloridaWest CEO Scott Luth, “We thank our City and County Partners, for with their support, the significant goals set forth in the plan can be realized.”