Tag Archives: eedc

I <3 YEGDT: Downtown X-posed

By Mack D. Male ·

Hundreds of Edmontonians will gather next Thursday at the Shaw Conference Centre for a full day event focused on downtown. Organized by the EEDC and the Downtown Vibrancy Task Force, the Downtown X-posed event will provide an opportunity to learn more about the broad array of things happening downtown, and will also give attendees a chance to provide input and feedback on how we can continue the positive momentum.

The vibrancy and character of a community’s downtown is a critical part of its identity. Think about places you’ve travelled to and you’ll know exactly what we mean. Please join us for a dynamic, one-day, one-of-a-kind event to learn about Edmonton’s downtown – what we have now, what’s in the works, what’s yet to come, and some new things we might need to consider. Come learn, talk, connect and get involved in your downtown. As goes your downtown, so goes your city.

51/366: I <3 yegdt

It has been a pretty great year for our downtown. EPCOR Tower, the first new office tower in two decades and also our tallest, opened.  Despite some hiccups, both the arena project and the new Royal Alberta Museum appear to be moving forward. The province is working to complete the renovations of the Federal Building and the adjacent Centennial Plaza in time for next summer. The first phase of construction on Capital Boulevard is underway. MacEwan University has started working toward its single sustainable campus. I could go on – the point is, there’s a lot happening! Megaprojects aren’t enough though, we need more people living and working and shopping and learning downtown. What are the barriers this? How can we make it happen? What are we missing? Join us next week to discuss those questions and more.

I had the opportunity to talk about the event yesterday on CTV Edmonton:

Downtown X-posed runs from 7:30am until 3:30pm on December 15. Tickets are just $50, which includes breakfast and lunch. You can purchase tickets here. If you can’t make it, be sure to follow along with #yegdt on Twitter.

Recap: EEDC’s 2012 Economic Outlook Luncheon

By Mack D. Male ·

EEDCOn November 15, EEDC held its annual Economic Outlook luncheon at the Shaw Conference Centre. Hundreds of Edmontonians filled Hall D on Tuesday to hear from a panel of senior leaders moderated by Dr. Mike Percy, the former Chamber of Commerce president and until this year Dean of the School of Business at the University of Alberta.

This year’s panelists included:

  • Dr. Jodi Abbott, President & CEO, Norquest College
  • Diane Brickner, President & CEO, Peace Hills Insurance Company
  • Pierre Gratton, President & CEO, Mining Association of Canada
  • Ron Liepert, Minister of Finance, Government of Alberta
  • Paul Verhesen, President, Clark Builders

The five panelists each shared their thoughts on the local economy before fielding questions from the audience. Here are a few of the more memorable statements the panelists made:

  • “We are very, very lucky to live where we do.” – Paul Verhesen
  • “Productivity and innovation are down as a result of not having to compete with others.” – Paul Verhesen
  • “I’m not sure there’s a better place than Alberta in the world to do business.” – Ron Liepert
  • “We do not have the population base to meet the expected labour-market demand.” – Dr. Jodi Abbott, indicating Alberta would have 77,00 unfilled jobs by the end of the decade.
  • “Mining is back.” – Pierre Gratton
  • “That will go.” – Ron Liepert, indicating the Royal Alberta Museum would in fact move ahead.

For more, check out the Edmonton Journal’s Storify of the event.

At the luncheon in 2009, I learned that Alberta’s aerospace industry is a billion dollar business. This year I learned a little more about the mining industry in our province. The Canadian Mining Journal summed it up well:

Canada’s mining industry will invest as much as $140 billion in this country over the next five years, and almost 50% of it will be in Alberta. The province will grow thanks to 12 mining projects proposed for development by 2016 with combined costs of $67.7 billion.

The $67.7 billion will be invested primarily in the oil, gas and oil sands development that Alberta is most known for, however significant investment is also anticipated in coal, limestone, salt, shale, dimension stone, ammonite shell, sandstone and sand and gravel.

Apparently Alberta accounts for 70% of Canada’s coal production (by weight) and is home to more than 540 mining industry suppliers.

Here is the Edmonton Journal’s story about the luncheon. Here is the Edmonton Sun’s take. And here is Avenue Edmonton’s article.

The Bridge

I thought EEDC did a great job with the event. The luncheon was livestreamed by the Edmonton Journal, and though they ran into some issues with the sound, it did appear to get more Edmontonians involved than usual. EEDC smartly chose a hashtag ahead of time, and made it clear to everyone that they should use #outlook12. They also displayed the tweets up on the big screen, and although it consistently ran behind, I thought it was a useful addition to the event. I expect both will get better in future years!

As enjoyable as the luncheon was, I found myself wishing there had been a handout or better yet, a QR code to scan that would take me to more information. I thought the panelists were great, but I can’t say I left with a strong sense of how Edmonton’s economy is expected to do in 2012. Fortunately, there is a bit of information online if you look for it.

Here is Cushman & Wakefield’s prognosis:

Overall vacancy is expected to increase in 2012 as a result of the market dynamics caused by recently completed Epcor Tower in the downtown core. Regardless, confidence in Edmonton’s economy is strong, despite continuing global economic uncertainty.

Canada Mortgage & Housing Corporation (CMHC) predicts 18% more housing units will be constructed across the province in 2012 than were built this year.

Edmonton will likely have 3,750 construction starts of multi-family housing this year, down less than four per cent from a year ago, says CMHC.

And from the City of Edmonton’s long-term economic outlook:

Few economies have prospects as bright as northern Alberta, at the geographic core of Canada’s economic future. As the research and industrial workhorse of the province, Edmonton stands tall as one of Canada’s most dynamic and prosperous urban centres.

The Economics Society of Northern Alberta is holding its 2012 Outlook Conference all day tomorrow at the Sutton Place Hotel, so watch for more news to come out of that event.

What else have you come across related to our economy in 2012?

Recap: YEGDT Patio Flash Mob

By Mack D. Male ·

Yesterday the Downtown Vibrancy Task Force held an event at 105 Street and Jasper Avenue called the Patio Flash Mob. Our “awareness” subcommittee came up with the idea a few weeks ago. What we wanted to do was encourage people to think about downtown a little differently:

Falling leaves. Crisp mornings. But that doesn’t mean the fun stops outdoors as the summer winds down. Stretch that patio season a little longer. Celebrate the vibrancy of downtown Edmonton. A vibrant downtown brings more people, who bring yet more people and more business to the urban core.

The idea was to create a little bit of a spectacle, so we positioned tables and chairs on all four corners of the intersection. It’s a busy intersection, so we knew a lot of folks stuck in cars would see us. Anyone could stop by and have a seat on our “patio” and many did!

Patio Flash Mob

Our thanks to Martin Kerr (in the background there) who provided some excellent music for the patio party. We had some playing cards and sidewalk chalk available for people to play with, but it was great to see what people brought with them!

Patio Flash Mob

We did want it to really feel like a patio, so we engaged some local businesses to help us out. Flirt Cupcakes made some delicious free I LOVE YEGDT-branded cupcakes, and they even offered table service! Transcend Coffee also came down to offer free coffee – given the cooler temperature yesterday, I think everyone really enjoyed that!

Patio Flash Mob

To help build a little buzz, we also created some stencils and used temporary marking paint to put the I LOVE YEGDT logo all over the area. Simple but effective. We also gave out dozens of t-shirts with the logo on the front.

I <3 YEGDT

We didn’t get the turnout we were hoping for, perhaps due to the weather (we need to change this!) or the fact that it was Tuesday evening, but it was still great to see a bunch of people taking advantage of downtown streets and sidewalks.

Stay tuned for more cool stuff from the Downtown Vibrancy Task Force, or if you’re feeling inspired, go and create something awesome for downtown yourself!

See you at What the Truck?! 2 on Friday!

Recap: 2011 EEDC Annual Luncheon

By Mack D. Male ·

I was once again fortunate to attend EEDC’s Annual Luncheon, which took place yesterday at the Shaw Conference Centre. After 16 years, the luncheon has become a popular fixture downtown, and it showed yesterday with an absolutely packed Hall D. EEDC uses the event to highlight the work it is doing to help make Edmonton one of the world’s top five mid-sized cities by 2030, and also to honor local businesses making a difference with the EEDC Awards of Excellence. I enjoyed last year’s luncheon, but aside from the length, I thought this year’s was better. The production quality was much improved, with some great looking graphics and videos displayed on the giant screens. EEDC’s own Brent Beatty did an excellent job as the event’s emcee.

This year I was asked by EEDC if I would spend some time with Andrea Wahbe, a journalist visiting from Toronto to learn more about Edmonton’s tech scene. I readily agreed, and enjoyed sharing my take on Edmonton with her. Our conversation naturally touched on more than just technology, so hopefully I was able to provide some useful context. Andrea was only here a short time but she seemed to enjoy downtown, and got to make stops at the Art Gallery of Alberta, Transcend Jasper, and the Edmonton Research Park before heading home.

2011 EEDC Annual Luncheon2011 EEDC Annual Luncheon

The winners of the 2011 EEDC Awards of Excellence are:

From the press release:

“We have some of the best organizations in the country right here in Greater Edmonton that represent and reflect our corporate priority areas: leadership, innovation and recognition. It is an honour to acknowledge and recognize Stantec, Cleankeys and Master Flo Valve for the significant contribution to our community. They engage the community and act as a catalyst for change, while fostering innovation and increasing Edmonton’s visibility on a global level.”

The special mention award went to Hot To Huddle this year, for their work on the Grey Cup 2010 festival. EEDC Board Member Chris LaBossiere handed out the awards.

Ron Gilbertson, EEDC’s President and CEO, and Henry Yip, EEDC Board Chair, were both on hand to give remarks. Henry focused on recognizing the hard work that everyone at EEDC has done, and introduced the board. Ron spent his time discussing the economic situation here in Edmonton, though a little less formally than he did last year. The impending labour shortage was the hot topic, and Ron noted that our unemployment rate is about 5.8%, which is down from 7.3% just a year ago. “The days of Edmonton being a low-cost labour centre are gone,” he said.

One of the interesting things that EEDC did this year was text voting. Everyone in attendance was encouraged to answer three questions about Edmonton’s competitiveness via text message (they used Poll Everywhere). Unfortunately the event was running behind schedule so they only quickly flashed the results up on screen.

2011 EEDC Annual Luncheon

2011 EEDC Annual Luncheon2011 EEDC Annual Luncheon

Most people felt that Edmonton is “wandering” when it comes to competitiveness, we have strengths in some areas but not others, and we lack clear focus. The most critical issue affecting Edmonton’s future competitiveness was “labour supply”, with “investment in innovation” and “transportation and infrastructure” close behind. And finally, the vast majority of respondents said they have a plan to enhance competitiveness at their own companies.

The keynote speaker this year was Deborah L. Wince-Smith, President of the Council on Competitiveness (among other things). She spent her time talking about the revolution we’re experiencing in innovation. She cited things like Google, Facebook, and the iPad, but also talked about nanotechnology and high performance computing. I liked her catchphrase for the latter – “to outcompete you have to outcompute”. Though Deborah focused mainly on the United States, she did try to apply her comments to Edmonton a few times. She defined innovation as “I to the 5th power”: ideas, imagination, impact, individuals, and investment. I have to say that I felt mixed about Deborah’s keynote. Some of the things she said really resonated, while others (like her multiple comments about Facebook toppling dictatorial regimes) definitely did not. I liked the way she closed however, stating that “Edmonton is an energy hotspot, but the rest is up to you.”

Thanks to EEDC for inviting me to the annual luncheon. You can read the January update on Edmonton’s Economy in PDF here, and be sure to follow @EEDC on Twitter for updates.

Expanding the Shaw Conference Centre (again)

By Mack D. Male ·

The Shaw Conference Centre is once again in the news. City Council’s Executive Committee will receive a report tomorrow that suggests the facility needs to be expanded. That recommendation should not be a surprise. On July 22, 2009, City Council passed this motion:

That Edmonton Economic Development Corporation prepare for Council’s approval a long-term (30 – 40 year) development plan to address the needs of the convention market in Edmonton.

If you ask EEDC what should happen with the convention market, of course they’re going to focus on the facility that they operate.

Shaw Conference Centre

The Edmonton Journal’s editorial board published a piece on the issue today. Here’s the key paragraph, in my opinion:

But there are plenty of reasons for caution. Taxpayers have just spent $150 million to expand Northlands’ rival convention and trade show facility, the new Expo Centre. Is there really an economic case to be made for two competing super-facilities, each publicly funded, run by two competing civic agencies?

Competition is a generally a good thing, but increasingly I find myself wondering why we have both Northlands and EEDC. Two organizations, both largely funded by taxpayers. If they weren’t competing, would things have turned out differently? Would the above recommendation have been different? Would we still have gone ahead with the Edmonton Expo Centre when we did? The success of that facility, which is still being paid off, has been questioned by many. Though as the City’s Chief Economist told me, that skepticism might be a little unfair. “It was developed and then we ran into a sour economy. You need to give them a full business cycle.”

Here’s what the current breakdown of rentable convention space looks like in Edmonton, according to the report:

There’s no denying that the amount of space at the Shaw Conference Centre (SCC) is significantly less than at the Expo Centre. But that alone is not reason enough to expand the facility. Here are the most up-to-date statistics on SCC usage, provided to me by EEDC:

  • In an average year, SCC receives 330,230 visitors (based on the last five years). A visitor is a person who has attended a function at SCC.
  • The split in visitors is roughly 70% regional versus 30% non-regional.
  • There are 20 to 25 days per year where SCC has no or the least number of bookings.
  • Using 2006 as a typical year and defining 75% occupancy as full, SCC was fully booked 115 days out of the year.

Compared to a few other Canadian conference venues, SCC’s visitor stats stack up quite nicely:

I’m not sure exactly which facilities they were comparing with, but clearly SCC is being used. EEDC says that over the last two and half years, it has turned away approximately 40 conventions and trade shows for future years. And apparently none of those have decided to go with the Expo Centre instead, which should have had the necessary space, presumably because they wanted to be downtown.

If we’re going to add more convention space, I think downtown is the place to do it. But I agree with the Journal’s position, “it’s also important that we not simply assume that if we build it, they will come.” So I guess I am left with a few key questions:

  • Why was the Hall D expansion so limited? If we got the forecasting wrong then, are we going to get it right this time? Are we really looking ahead 30 years?
  • Is expanding SCC really the best way to add more convention space downtown?
  • Despite the lip service paid to cooperation in the report, can Northlands and EEDC really work together to grow Edmonton’s convention market?

The next steps outlined in the report include finalizing the business case for the expansion. According to EEDC’s own backgrounder, the earliest an expansion would be completed is at least seven years from now.

Aside #1: Think back to 2004 and consider all of the technology that didn’t exist. Will large conventions as we think of them today still happen in 2018?

Aside #2: The report contains what might just be my least favorite phrase ever: “Festival City in a Box”.

Aside #3: It turns out I have an Edmonton Journal article on my desk from September 12, 1963 (I’ll explain later). Apparently we held just 42 conventions in 1962, far behind Toronto’s 657, Calgary’s 172, or even Regina’s 57. Even Moncton had more conventions than we did at 48. Our conventions in 1962 attracted 17,932 visitors who spent a total of $1,869,000, or $104 per person.

ONEdmonton Downtown Vibrancy Task Force letter to City Council regarding the Proposed Downtown Edmonton Arena and Entertainment District

By Mack D. Male ·

ONEdmonton is a group of local leaders that have come together a few times over the last year to discuss how we can make Edmonton one of the world’s top 5 mid-size cities. The first subcommittee, called the Downtown Vibrancy Task Force, was launched in November after the larger group identified that our urban core is the top priority. I have been fortunate enough to be part of both groups.

Today, our task force sent a letter to City Council regarding the proposed Downtown Arena and Entertainment District:

The task force is a group of majority, not consensus. At the last meeting, the majority of the task force members voted the arena project as the top near-term priority in Edmonton’s downtown.

The task force members include: Chairperson Randy Ferguson (Procura), Bob Black (Katz Group), Dr. Paul Byrne (MacEwan), Carolyn Campbell (University of Alberta), Michael Janz (Public School Trustee, EFCL), Terry Kilburn (Avison Young), Bernie Kollman (IBM Canada), David Majeski (RBC), Mack Male, Doug McConnell (Dialog), Scott McKeen, Honourable Anne McLellan (Bennett Jones), Carol Neuman (Edmonton Next Gen), Simon O’Byrne (Stantec), Ian O’Donnell (Downtown Edmonton Community League) Keith Shillington (Stantec), Paul Verhesen (Clark Builders), Sheila Weatherill (EPCOR), Richard Wong (Sutton Place Hotel), and Ralph Young (Melcor). Representatives from EEDC facilitate the task force.

I don’t think anyone on the task force considers the arena project a done deal, nor do they think the issue is a simple one, and this is reflected in the letter. My read of what the task force is saying here is this: there’s potential with the arena project to positively impact our urban core, so let’s keep things moving and figure out how to make that happen.

UPDATE: I originally left out Ian O’Donnell and Sheila Weatherill, because they joined us after the first meeting. My mistake. EEDC has posted the list here.

Recap: ONEdmonton Leaders Forum #2

By Mack D. Male ·

Yesterday morning was the second ONEdmonton Leaders Forum, hosted by EEDC at the Shaw Conference Centre. After a good experience at the first one, I was excited for another opportunity to chat with everyone and eager to see if the organizers would indeed make more time for that. EEDC Board Chair Henry Yip and EEDC President Ron Gilbertson gave very brief introductory remarks, and we got down to business.

Our moderator for the day was Anne McLellan. She started by presenting the following question (I’m paraphrasing a bit):

What are your top five opportunities, challenges, and priorities for Edmonton as we work toward becoming one of the world’s leading mid-size cities?

She then numbered everyone off into 8 groups, and we started discussing. For about half an hour, groups talked amongst themselves, with each member having the chance to share their top 5 issues (or less). This exercise was something I was prepared for, given my Pecha Kucha 7 talk, so I started in my group. Here are the three I shared:

  1. Density
  2. Storytelling
  3. Creative Economy

I added “Living Local” after everyone had shared their issues, and I agreed with most of the table who mentioned EXPO 2017. There were some other duplicates, but I wrote down over 20 things from our group alone. It was a great discussion and it was really interesting to hear where everyone was at. Some of the more memorable things mentioned at my table were “winter city”, “homelessness”, and “waterfront development”.

During a short break the organizers tallied up all the lists to identify the overall group’s top 10 opportunities, challenges, and priorities. Here’s the result (issue with percentage of the group that identified it):

  1. Downtown revitalization (46%)
  2. Crime (29%)
  3. Education / R&D (29%)
  4. Transportation / Infrastructure (25%)
  5. Homelessness (19%)
  6. Brand / Identity (19%)
  7. River Valley Development (17%)
  8. Regional Partnerships (15%)
  9. Promoting the city (15%)
  10. Aboriginal Integration (14%)

A moderated discussion followed, which of course felt like it wasn’t long enough. A few really good comments were made. One I’ll share was from Homeward Trust Executive Director Susan McGee, who said that language is important, and that the word “integration” in #10 on the list probably was not the best choice of words. I thought it was a great point.

Crime & Safety

We finished off the morning with a presentation from EPS Deputy Chief of Police Norm Lipinski. He shared some really great information about the EPS approach, as well as some positive stories about crime in Edmonton. Here are the EPS objectives:

  1. Reduce Crime
  2. Reduce Disorder
  3. Enhance Traffic Safety
  4. Maintain Public Trust

Some of the ways they accomplish those objectives are through community policing, hot spot management, offender management, and business practices. He mentioned the broken window theory, and said he was a big fan of having a visible presence. Norm’s takeaways were that overall crime is down in Edmonton over the last three years, that the rate of solving crime is up, and that we have a top tier police service (also a very young police service). He finished with a funny slide comparing his appearance to that of Kevin Bacon (the resemblance is uncanny). A discussion followed his presentation but I had to leave so I missed it.

I thought the second ONEdmonton forum was great – kudos to EEDC for acting on the feedback for the first event to make this one a success. I look forward to the next forum, where we’ll hopefully start trying to address the execution side of becoming one of the world’s top five mid-size cities.

Edmonton IT Community: What are your top 5 needs?

By Mack D. Male ·

Along with a few other usual suspects I’ve been invited to take part in an informal IT Circle later this week. The goal is to come to some consensus about what the top 5 or 10 needs of local startups and growing IT companies are, so that we can start trying to address them. I feel very strongly that we need to be doing more for the tech community in Edmonton, particularly the part of the community that is often overlooked – web & software. I’ve written about this in the past, most notably here.

The meeting is being hosted by EEDC, who I openly criticized in that post. I’m encouraged by the progress I’ve seen them make over the last six months – I think they’re really making an effort to listen, to learn, and slowly to participate in the community. I hope to see that trend continue, through this meeting and other initiatives.

So now I need your help. If you’re a member of the local IT community, whether it’s biotech, public sector, startups, or something else, what are your top needs? What’s on your wishlist? How can we make the tech community in Edmonton better? Let me know, and I’ll bring that to the table this week. Thanks!

FWIW, here are a few on my list:

  • Micro/seed funding. Small amounts of money to enable entrepreneurs to try things out.
  • Exposure to external experience. How can we connect with people who in other places that could teach us a lot?
  • Storytelling. I talk about this a lot…how can we do a better job of telling local success stories to others?

In Search of the Northern Lights by way of Edmonton

By Mack D. Male ·

As I mentioned back in January, I’ve been doing a little work for EEDC, hosting travel media when they come to visit Edmonton. Usually it’s just a casual lunch, which I really enjoy – I get to learn a little about where they’re from and they get to ask me anything about Edmonton! The only thing I don’t like about the experience is that I don’t always get to see the result of their trip (because the article or video or audio clip is generally created for audiences somewhere else in the world). Fortunately, that’s not always the case!

A couple of months ago I had lunch with a group of four travel journalists from the UK. Twitter came up as we were chatting, and I learned that one of them, Sarah Foden, was on Twitter! A couple of weeks ago she sent me a tweet to say that the video she created for her trip was online. Here it is (click the image below, I can’t seem to embed the video):

sarahfoden

Her video is called “In Search of the Northern Lights” and Edmonton was just one stop along the way. She wrote:

Fortunately, as I discovered, the great thing about visiting both northern Alberta and the city of Edmonton is that these places are about so much more than the Northern Lights.

It turns out that Sarah’s video is now one of the top videos on Sky.com (the company she works for). Congrats Sarah!

As someone who loves to promote Edmonton, it’s great for me to get another perspective on how our city is being portrayed abroad. Can’t wait to do it again!

Recap: 2010 EEDC Annual Luncheon

By Mack D. Male ·

Today I joined hundreds of other Edmontonians at the 2010 EEDC Annual Luncheon, held at the Shaw Conference Centre. The event was an opportunity for EEDC to share its accomplishments over the past year, and to provide thoughts and guidance on the economic outlook for our city. Outgoing EEDC board chair Randy Ferguson got things underway with some thoughts on two of his favorite subjects: downtown, and EXPO 2017. Randy reiterated how important a downtown is to a city, and said that we must have the courage and commitment to make EXPO happen.

Next up was EEDC President & CEO Ron Gilbertson. Something that Ron has been showing a lot lately is the Edmonton Economic Dashboard, which grades our city on eight different aspects. Here’s where we are today:

  • Income/GDP – A
  • Retail Sales – A
  • Unemployment – B
  • Insolvency – C
  • Office Vacancy – A
  • Housing – B
  • Air Service – B
  • Inflation – A

Overall, that gives us a B+. Looking long-term, Ron gave Edmonton an A, saying:

Though Edmonton was not immune from the 2009 global decline, our economic fundamentals remain strong. Few economies have as bright prospects over the coming decades as Edmonton and northern Alberta.

EEDC Annual LuncheonEEDC Annual Luncheon

The 2010 EEDC Awards of Excellence were also handed out:

EPCOR President & CEO Don Lowry, Innovotech President Ken Boutilier, and AGA Chair Allan Scott were all on-hand to accept the awards on behalf of their respective organizations.

University of Alberta President Dr. Indira Samarasekera closed out the event with a phenomenal speech about the importance of working together (which you can read online here in PDF, or here). She focused on innovation, smarts, and creativity, and shared some really interesting and scary statistics (such as the low percentage of Albertans that go to post secondary). My favorite part though, was the beginning:

“I would like each of you to take your trusty digital device – Blackberry, iPhone, Palm, whatever you use – from your belt or pocket, or out of your bag and purse, and hold it in your hand,” she instructed. “Now, take a second moment to take a good look at it. In your hand, you hold the symbol of innovation. We call them smart phones. These smart phones have transformed our lives – our social lives, our business lives, our family lives, even our emotional and physical well being.”

It was a great way to start. She said one of our biggest challenges is speed – we have shorter incubation times than ever before, and we need to keep up (Innovotech’s Ken Boutilier talked about that too in his remarks). She also said that we need some BHAGs – Big Hairy Audacious Goals. And she stressed that both the City and the University desperately need to diversity their talent and economic bases. Dr. Samarasekera is a great speaker, and was definitely the highlight of the luncheon.

You can read the 2009 EEDC Annual Report here in PDF. Stay tuned to @EEDC on Twitter for updates.