Monday, July 28, 2008
Wall Street Journal shines spotlight on Colorado Springs and USOC
It's possible to buy this sort of publicity for your city, but it's so much better when it comes for free. The Monday, July 28, Wall Street Journal includes a special six-page report on seven economic development success stories around the globe -- "seven places, seven ideas," as a Journal editor's note explain. Among the seven cities featured in the report: Colorado Springs and its successful effort to retain the U.S. Olympic Committee headquarters. A story explains how politicians, civic leaders and business people worked together to prevent the USOC from moving its headquarters out of the Springs, where it's been for 30 years. Mayor Lionel Rivera, USOC Chief Executive Officer Jim Scherr and local developer Ray Marshall are among those interviewed in the story; they discuss some of the details of a $53 million incentives package offered by the city to keep the UOSC here. "This is a watershed event for Colorado Springs in terms of economic development," Mike Anderson, deputy city manager, is quoted by the Journal. "The broad partnership put together is hopefully a model that can be used in the future." To see the story, go to online.wsj.com/public/page/2_1593.html and click on "Capturing the Gold."