In an effort to ensure the City of New Carrollton’s continued economic vitality with sustainable development, the city partnered applied to the PAMC program to hire a consultant to prepare an economic development strategy. The strategy reflects the community vision and stakeholders’ opinions about current economic conditions and future goals.
This economic development strategy addresses many issues including commercial tenant retention and attraction, assistance to enhance retailers’ ability to compete, and assistance to retailers as they recover from the COVID-19 pandemic. The strategy proposes ways to better link New Carrollton businesses and sites to the enhanced activity and investment at the New Carrollton Metro Station, identifies potential redevelopment sites in and adjacent to the city, and highlights tools to support existing businesses and attract additional businesses. The consultant team prepared an implementation plan with step-by-step actions, identifying the roles and responsibilities of specific parties, timelines, relative priorities, and performance measures.