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EconomicdiversificationrequiresattractingbusinessesthatcantakeadvantageofLa <br />tƚƩƷĻ͸ƭdiverselaborforce.LaPorteresidentscompriseonly11.7percentoftotal <br />localemployment,withthebalanceofworkerscommutingfromsurroundingcities. <br />GiventheheavyconcentrationofmanufacturingandconstructionfirmsinLaPorte, <br />itisimportanttodiversifytheĭźƷǤ͸ƭemploymentbasetolimittheeffectsofa <br />downturninthesetwosectors.Therefore,futureeconomicdevelopment <br />recruitmentstrategiesshouldlinktheskillssetofcurrentLaPorteresidentswith <br />industrytargets. <br />QualityofplaceshouldbethecornerstoneofLaPortelongtermeconomic <br />developmentefforts.LaPortehasarobusteconomywithlocalbusinessesemploying <br />moreworkersthanlocalresidentsinthelaborforce.Limitedlandavailablefor <br />developmenthindersmajorprojectslookingforagreenfieldsite.LatƚƩƷĻ͸ƭmost <br />underutilizedresourcesareitsdowntown,historicbeach,andwaterfront.Thelackof <br />amasterplanoroverarchingstrategytounitetheseelementsisanissue.Enhancing <br />SylvanBeach,redevelopingdowntown,andimprovingMainStreetservesnotonlyto <br />encourageeconomicgrowth,buttheseinitiativesdirectlyimprovethequalityoflife <br />forcityresidents. <br />2 <br />| <br />City of La Porte, Texas - Economic & Demographic Assessment January 2009 <br /> <br />