Economic Development Strategic Plan 2020 - 2025

Tacoma's Economic Development Strategic Plan for 2020-2025 is poised to launch on December 5, 2025, with a mission to enhance workforce development and support small businesses within the community. The strategic plan is a collaborative effort involving key local institutions, such as the University of Washington Tacoma and Tacoma Public Schools, aiming to foster entrepreneurship and economic resilience. This initiative addresses pressing economic challenges while promoting a vibrant business environment through strategic planning and community engagement. With a focus on strengthening the local economy, the plan will facilitate partnerships among government entities, educational institutions, and community organizations. By prioritizing workforce development, Tacoma aims to equip its residents with essential skills for the evolving job market, ensuring long-term economic sustainability.

The initiative also seeks to attract commercial and industrial investments, bolstering Tacoma's position within the Seattle Metropolitan Area. The comprehensive approach reflects a commitment to not only immediate economic growth but also the long-term prosperity of the region. Stakeholders are optimistic that this strategic plan will lead to meaningful improvements in the local economy and quality of life for residents.