Econ Dev Show Podcast - Economic Development

Dane Carlson

Dane Carlson explores the strategies, ideas, and insights that are driving economic development forward into the future. You'll hear new insights from passionate ED's about their successes and struggles, and you'll learn from attraction and retention experts about how to apply actionable strategies inside your EDO. We'll help take your organization, your community, and your career to the next level.

  1. 16h ago

    How Ponca City Turned Housing Into Economic Development with Lori Henderson

    In this episode of the Econ Dev Show Dane Carlson talks with Lori Henderson, executive director of the Ponca City Development Authority, about what economic development looks like in a rural manufacturing community where workforce, housing, childcare, and quality of life are all connected. Lori explains how Ponca City expanded beyond traditional business retention and expansion to tackle housing and retail, including an incentive program that helped move the community from just a handful of new homes each year to 59 incentivized housing units in two years. She also shares how the development authority helped revive a closed movie theater, supports entrepreneurs through flexible workspace and small-business services, and builds a long-term workforce pipeline through a high-school internship program involving roughly 100 local companies and 180 students. Like this show? Please leave us a review here — even one sentence helps! 10 Actionable Takeaways for Economic Developers 1. Treat housing as economic development infrastructure. If employers are expanding but workers cannot find places to live, job growth eventually runs into a housing ceiling. Ponca City added housing to the development authority's responsibilities and began actively working with developers to increase supply. 2. Identify the financial gap keeping developers away. Ponca City's challenge was straightforward: builders could construct a house in Ponca City for roughly the same cost as in a larger nearby market but sell it for less. Their incentive program helps close that profitability gap and makes rural projects more competitive. 3. Build incentives around the developer's actual risk. Rather than assuming developers simply need to be recruited harder, determine what financial obstacle is preventing the project from working. Ponca City's experience suggests that when builders know a predictable amount of assistance is available, projects that previously did not pencil can become viable. 4. Coordinate incentives across local organizations. The City of Ponca City handles permitting, vets housing projects, and determines incentives. The development authority then contributes additional funding. That division of labor lets each organization do what it is best positioned to do instead of duplicating effort. 5. Don't ignore existing housing stock. New construction is not the only way to add housing capacity. Ponca City also incentivizes rehabilitation of older homes that have fallen out of active use, helping return properties to the housing market and utility system. 6. View quality-of-life projects through a workforce lens. The redevelopment of Ponca City's closed movie theater was not simply a retail project. The development authority viewed entertainment, shopping, schools, housing, and other amenities as part of the community's ability to attract and retain workers. 7. Give economic development organizations room to experiment. Lori describes the development authority as being able to operate in a gray area and take risks the city itself may not be positioned to take. Some programs will not work as planned, so organizations need enough flexibility to adjust, pivot, and try again. 8. Make business retention and expansion the foundation. Before expanding into housing and retail, about 95% of Ponca City's economic development work focused on existing businesses. Lori argues that especially in rural communities, much of the most realistic growth comes from helping companies already in the community expand. 9. Start building the workforce pipeline in high school. Ponca City's internship program places juniors and seniors inside local companies so students can see careers available in their hometown. Roughly 100 companies participate, with about 180 students in internships during the semester discussed in the episode. 10. Show young people careers they may not know exist. Programs such as Ponca City's Girl Power camp introduced eighth-grade girls to careers including welding. Some participants later entered those industries. Workforce development can begin simply by exposing students to opportunities that otherwise would never appear on their radar. Special Guest: Lori Henderson.

    How Ponca City Turned Housing Into Economic Development with Lori Henderson
  2. Sep 28

    What a Military Interrogator Can Teach Economic Developers with Dan Kiger

    In this unique episode of the Econ Dev Show, Dane Carlson talks with Dan Kiger, founder and principal advisor at VerumLegend, about why a meeting that feels productive can still leave you without the answers you need. Drawing on more than 20 years in the defense intelligence community, including time as a military interrogator, Dan makes the case for clarity over agreement and curiosity about what matters to the person across the table. They discuss how follow-through builds trust, why a rigid agenda can hide useful information, and what you miss when the CEO does all the talking. Dan also works through familiar economic development situations: a prospect focused on incentives, an employer struggling to find workers, and an existing business owner who feels overlooked. The conversation offers practical ways to get beyond polite answers and understand what will actually move a project or relationship forward. *Like this show? Please leave us a review here — even one sentence helps! * Ten actionable takeaways for economic developers Define what you need to learn before the meeting. Identify the questions you need answered to understand the project and its prospects. Afterward, assess which questions were actually answered and what information you can corroborate. Learn what matters to the company before presenting your pitch. Ask about its history, employees, suppliers, and reasons for considering your community. That context can reveal concerns that a property checklist or incentive discussion leaves out. Invite a clear answer about whether things are moving forward. When a prospect keeps taking calls but never commits, ask where the project stands and what is preventing a decision. Make room for disagreement so both sides understand the situation. Follow through on the small commitments that build trust. Return calls and emails, arrive on time, and do what you said you would do. Remember that a broken promise affects how people see your organization as well as you. Follow useful detours in the conversation. When someone raises a concern outside your planned questions, ask them to explain it before steering back to the agenda. It may reveal a need or obstacle you did not know to ask about. Ask what would eliminate your community from consideration. If every shortlist discussion returns to incentives, ask what would cause the company to rule you out and what an acceptable incentive package means to them. Use those answers to clarify the requirements behind the negotiation. Investigate the hiring process before suggesting a workforce solution. When an employer says it cannot find workers, ask them to walk through exactly how they have tried to recruit. Find out what they have tried, what they have not tried, and where the process is getting stuck. Turn an overlooked local business’s complaint into a concrete meeting. Set up time to discuss its current problems, concerns, and goals. Identify people in your local network who could help address those needs. Create opportunities to hear from people beyond the CEO. Ask leadership to allow separate conversations with managers and employees so concerns can surface without the boss in the room. When conducting confidential interviews, share themes without identifying the individuals who raised them. Corroborate what you hear before treating it as settled. Compare statements with other available information and the person’s pattern of follow-through. Recognize when your assessment rests on evidence and when you are still working from a hunch. Special Guest: Dan Kiger.

    What a Military Interrogator Can Teach Economic Developers with Dan Kiger
  3. Sep 7

    Site Selection Doesn't Start With the Site with Thane Hutcheson

    In this episode of the Econ Dev Show Dane talks with Thane Hutcheson about what site selection looks like from the company side of the table, beginning with why the process often starts with markets, labor, supply chains, and operating conditions rather than a specific piece of dirt. Thane explains how companies narrow their choices, why falling in love with a community or site too early can create problems, and what the best economic development teams do differently—from submitting only sites that actually fit to helping visiting companies visualize what long-term success in the community would look like. They also discuss incentives, the growing role of AI in professional services, and why automating data gathering and analytical work can free economic developers and consultants to spend more time building relationships, exercising judgment, and doing the work that still requires humans. Like this show? Please leave us a review here — even one sentence helps! 10 Actionable Takeaways for Economic Developers Understand the market-level decision before pitching individual sites. Companies may narrow locations based on labor availability, labor costs, specialized occupations, supply chains, utility costs, and other operating factors before they ever start comparing properties. Don't lead with dirt when the project isn't ready for dirt. Learn what the company is actually solving for first. A perfect site in the wrong labor market or supply-chain location may never be competitive. Submit fewer, better-fitting properties. If an RFI asks for 20–50 acres with specific characteristics, don't pad the response with properties that obviously fall outside the requirements. Protect the company's time and your own. Know what surrounds the site, not just what is on it. Be ready to explain neighboring uses, infrastructure, businesses, access, and the larger environment in which the company would operate. Understand your community's goals and resources. Know how a project aligns with local priorities and what financial and non-financial resources—including workforce training and community-college partnerships—you can realistically bring to the table. Help prospects visualize operating in your community. During site visits, answer the questions behind the spreadsheet: Where would executives and employees live? Where would their children attend school? Which airport would they use? What would the drive look like? Bring successful local businesses into the conversation. Give prospects opportunities to hear from companies already succeeding in your community. Their experience can help establish confidence that the prospect can succeed there too. Treat a location decision as a long-term relationship. Thane describes these decisions as potentially 50-year commitments. Think beyond winning the announcement and demonstrate why the company can operate successfully over the long haul. Use AI to gather and organize information, not replace judgment. AI can help process datasets, collect information, and accelerate analytical work, but ranking alternatives, evaluating sites, negotiating incentives, and making final decisions still require experience and judgment. Spend the time AI saves on people. Use automation to create more room for business retention visits, prospect relationships, community engagement, conferences, conversations, and the other human interactions technology cannot replicate. Special Guest: Thane Hutcheson.

    Site Selection Doesn't Start With the Site with Thane Hutcheson
  4. Aug 24

    Infrastructure, Trust, and the Future of Economic Development with Will Williams

    In this episode of the Econ Dev Show Dane Carlson talks with Will Williams, president and CEO of the Western South Carolina Economic Development Partnership, about how economic development has changed over his career: from paper RFIs and long project timelines to massive capital investments, compressed decisions, and new infrastructure demands. They dig into Western South Carolina’s effort to develop a 1,900-acre industrial park, the growing constraint of electrical capacity, and the heated debate surrounding data centers. Will argues that communities should evaluate data centers the same way they evaluate other industrial projects: by looking carefully at infrastructure, utilities, location, tax impact, jobs, and community compatibility rather than reacting to misinformation or fear. The conversation ultimately becomes one about trust, communication, zoning, AI, long-term community building, and the economic developer’s role as the “connective tissue”, or, as Will puts it, “community duct tape”, that holds people and institutions together. Like this show? Please leave us a review here — even one sentence helps! 10 Actionable Takeaways for Economic Developers Start planning electrical capacity earlier. Large projects increasingly require enormous amounts of generation and transmission capacity, making power availability a fundamental site-readiness issue rather than something to address after a prospect appears. Build sites for the next generation of projects, not the last one. Western South Carolina spent years assembling 1,900 acres because larger contiguous sites with strong interstate and workforce access can take years to create. Treat data centers like any other industrial prospect. Examine electricity, water, sewer, noise, location, jobs, taxes, and infrastructure requirements instead of automatically treating the industry as either uniquely good or uniquely bad. Put intensive uses where they belong. Good land-use planning and appropriate buffers can prevent many conflicts before a project is announced. Will specifically points to industrial locations and property-line noise standards as tools communities can use. Don't mistake the loudest voices for the entire community. Public meetings can amplify a small group of highly motivated opponents, so economic developers and elected officials should seek broader community understanding before assuming opposition is universal. Communicate before controversy forces you to. Economic development can no longer happen entirely “in the kitchen.” Practitioners need systems for explaining projects publicly while still respecting legitimate company confidentiality. Use your track record to build trust. When skepticism is high, point to previous projects, their actual outcomes, and the community's experience rather than relying only on promises about a new project. Recognize that automation changes jobs more often than it simply eliminates them. Will compares today's AI concerns with earlier fears around manufacturing automation, which increased the need for more skilled workers even as processes became more automated. Think in decades. Will expects the new industrial park to develop over roughly 25 years. Economic developers should be comfortable investing in infrastructure and assets whose full payoff may come long after their own tenure. Build a network far beyond the usual power players. Will's career advice is to “grow where you're planted” and know as many people as possible—not just utility executives and elected officials. Those relationships become sources of information, introductions, and problem-solving capacity. Special Guest: Will Williams.

    Infrastructure, Trust, and the Future of Economic Development with Will Williams
  5. Aug 10

    Speed Wins in Economic Development with Mike Swesey

    In this episode of the Econ Dev Show Dane Carlson talks with Mike Swesey, president and CEO of the St. Petersburg Area Economic Development Corporation, about how St. Pete has worked to become known as a business destination as well as a place with beaches, culture, and quality of life. Mike shares lessons from recruiting companies from markets like New York and Europe, explains why responsiveness can determine whether a community even stays on a site selector’s list, and makes the case for targeting companies that genuinely fit your workforce and community. He also discusses using existing companies as your best salespeople, taking every project lead seriously, resisting the pressure to chase bad-fit wins, knowing your market deeply, and communicating constantly with your board so they understand the work happening before the announcements arrive. Like this show? Please leave us a review here — even one sentence helps! 10 Actionable Takeaways for Economic Developers Make responsiveness part of your competitive strategy. Mike argues that companies are making decisions faster and communities may be shortlisted before they even know a project exists. Have your data, website, property information, and team ready so you can respond accurately within hours or days rather than scrambling after the request arrives. Treat every legitimate-looking lead seriously until you know otherwise. Mike tells the story of nearly dismissing what sounded like a questionable data-center inquiry that turned out to be Google. Unknown company names, informal inquiries, or unusual approaches should be investigated rather than automatically discarded. Target companies that fit the workforce you actually have. St. Pete focuses on industries and companies that align with its existing workforce rather than simply pursuing any company willing to listen. Build recruitment targets around the skills, occupations, graduates, and industry experience already present in your market. Use existing companies as third-party validators. Successful companies can become some of your strongest recruiters. Mike describes connecting prospects with executives who have already relocated or expanded in St. Pete and letting those executives talk candidly about their experience without the EDC in the room. Look beyond complete headquarters relocations. A company does not have to abandon its existing headquarters for your community to win. Expansion operations, new growth, regional offices, and future hiring can produce substantial economic impact even when the original location remains open. Know your product well enough to answer hard questions without bluffing. Companies and consultants often already know the answer when they ask about your workforce, education system, demographics, or costs. Know the numbers well enough to respond confidently and accurately instead of trying to “fake it till you make it.” Don’t oversell your community just to get an announcement. A recruitment win becomes a problem if the company arrives and discovers that the promised workforce, costs, or operating conditions do not exist. Focus on creating successful long-term customers rather than maximizing short-term announcements. Understand who is actually moving into your community. Population growth alone is not enough. Mike recommends knowing the ages, skills, education levels, graduation pipeline, and workforce characteristics of the people entering your market so you understand whether your growth supports your business recruitment strategy. Communicate activity to your board before they have to ask about results. Economic development is a long game, and announcements do not happen on a predictable schedule. Keep board members informed about marketing campaigns, prospect activity, outreach, and other leading indicators so they understand the work underway even during quiet periods. Build trust through authenticity and consistency. Mike emphasizes being real, professional, transparent, and trustworthy. Economic developers are asking executives and site-selection professionals to make decisions with long-term consequences, so credibility matters as much as salesmanship.

    Speed Wins in Economic Development with Mike Swesey
4.8
out of 5
15 Ratings

About

Dane Carlson explores the strategies, ideas, and insights that are driving economic development forward into the future. You'll hear new insights from passionate ED's about their successes and struggles, and you'll learn from attraction and retention experts about how to apply actionable strategies inside your EDO. We'll help take your organization, your community, and your career to the next level.

You Might Also Like