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Local Economic Development Project of Walsh Ranch - Case Study Example
This paper talks about The Walsh Ranch project, which aims to be the first planned mixed use growth community model. This project, when completed will be a prime example of sustainable economic development initiative. Implementing such eco-friendly strategies has numerous economic benefits…
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.