Local Economic Development Project Case of Walsh Ranch Study

Local Economic Development Project of Walsh Ranch - Case Study Example The area designated for the mixed-use growth community in Fort Worth has also been merged into the Walsh ranch project (Walsh ranch). Development Vision The Walsh ranch aims to be the first planned mixed use growth community model; a balanced and planned community that will have an identity of its own, it will be the model community for others to follow with places of work, playing, shopping, praying, learning and recreation all incorporated into one community (LDR, HNTB 2). With its open and park space, the Walsh ranch will also contribute to and enhance the ecological features of land, water and air (Walsh ranch). Walsh ranch aims to be a technologically smart community with investment protection and enhancement for ensuring a flourishing economy for the community at large (Walsh ranch). History of Walsh Ranch A piece of land rich in natural beauty and known for the Walsh family name, Walsh ranch, a cattle ranch has been at the centre of ranching operations for the Howard Walsh fam ily for 60 years (LDR, HNTB 1). Mr. and Mrs. Walsh are known philanthropists in Fort Worth, with Walsh ranch now to be another example of their commitment and love of the community, traditions, and environment of Fort Worth (Walsh ranch). Purposes Served by the Walsh Ranch Mixed-use Community Walsh ranch will serve to strengthen the community by addressing the needs of the community and the people; it will aim at providing multiple sustainable solutions within one community (Walsh ranch). The project will focus at (Walsh ranch): Economic growth Expanding population needs Development of centres for multiple growth 1. Economic Growth Economic growth will be... This paper outlines numerous economic advantages of the realization of Walsh Ranch project. Benefits of sustainable economic development include innovative use of all possible resources, that leads to jobs increase, new income sources, and high rate of productivity for the people. For the ecology the benefits result from the promotion of use of clean and renewable energy. The economy benefits from all the above leading to growth in economy, which will improve the living standards, jobs, incomes and will provide opportunity to expand businesses The objectives that are attained or are to be met by such economic development are known as the four greens namely; savings, opportunities, talent, places Walsh Ranch is a master planned community that is aimed at achieving sustainable economic development. It is the largest planned community in north Texas; the ranch is located west of Fort Worth. Walsh ranch will retain most of the resources and natural features of the ranch by the use of native landscape treatments; the natural environment of the ranch will be retained to deliver a unique living experience. Walsh ranch will serve to strengthen the community by addressing the needs of the community and the people; it will aim at providing multiple sustainable solutions within one community The Walsh ranch with all its other utility provisions should also look into providing, medical facility, fire extinguishing facility and a library within the Walsh ranch area. Such initiatives will ensure the convenience and health of the community.