Economic Develop. SWOT

Welcome to Lartigue 2010

Lartigue 2010
Trenton Economic Development SWOT Analysis

All Hands on Board!

Every resident

    Every voice

       Every opportunity

"All great achievements require time and trust"

- Maya Angelou

Lartigue 2010 Community S.W.O.T. Analysis - Trenton Economic Development

On Saturday, February 13, Lartigue 2010 held its second community roundtable at the Trenton Marriott at Lafayette Yards. Each of the five committees conducted an analysis of the strengths, weaknesses, opportunities and threats (SWOT) associated with their respective areas of Trenton's overall civic, social and economic health.

The next roundtable will be held on Saturday, March 6, from 11am until 1pm at the Marriott and each committee will follow up their SWOT analysis by establishing the mission, goals and objectives to address key issues (Action Plan). To RSVP visit http://roundtable3actionplanning.eventbrite.com/.

Lartigue 2010 SWOT Analysis – Trenton Economic Development

Strengths

Empty Houses / Vacant land
On the NE Corridor
Arts Community
Willing labor pool
Some good public services

Weaknesses

Few customers for retail business
Weak private economy
Few amenities
Run down buildings
High taxes relative to the region
Perception that we’re not safe
Low education levels
Slow technical inspections department

Opportunities

Market “burg” as Latin restaurant district
Developable Land
Use Teach for America
Focus on small rather than large developers
Low rents for commercial space
Possibility of doing “industry” targeted economic development
Ability to attract DINKs (especially Gay and Black professional couples)
Ability to attract people w/ disposable incomes

Threats

Budget whims of the State of NJ
City budget has structural problems
We’re too attractive to the underclass because of the services we provide to the poor, mentally ill and addicted
Too many non-profits
Crime rate

Thank you for your participation in Lartigue 2010 Community SWOT and we look forward to seeing you. For general information about our campaign and how you can get engaged, please call (609) 534-8627 or email info@annettelartigue.com.

Every Resident, Every Voice and Every Opportunity.

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