Daily News

PVPC Releases New Comprehensive Economic-development Strategy

SPRINGFIELD — The Pioneer Valley Planning Commission (PVPC) recently released its 2019 Comprehensive Economic Development Strategy (CEDS) and Pioneer Valley Plan for Progress Five-year Update, a blueprint for economic development in the region.

The CEDS features a description of regional economic-development conditions and sets forth goals and objectives for the future, as well as a list of projects seeking the U.S. Department of Commerce’s Economic Development Administration Public Works funding in the next year.

The report highlights the region’s continued decrease in unemployment, an improved workforce-talent pipeline, and increased early-education enrollment and high-school and community-college graduation rates, among others, as metrics illustrating the overall progress being made.

The CEDS also lists many major committed projects of regional significance, such as the Naismith Memorial Basketball Hall of Fame renovations in Springfield, North Square at the Mill District in Amherst, and the One Ferry Street mixed-use development in Easthampton.

A full digital copy is available by clicking here. Hard copies are also available upon request.