Economic Development Strategic Action Plan For Prince George’s County

Page 44

STRATEGIC PRIORITY 1

Hospitals/Health Services

Federal Government

Table 4. Summary of Emerging Issues to Address Through Strategic Priorities Support innovation and entrepreneurship across and Cultivating Talent and Connecting Prince George’s

Strengthening Places Across Prince George’s County

within targeted industry cluster

and Improving the Core Business Environment

• Increase the presence of the federal government, which helps encourage the proliferation of federal contractors, especially those in technologyoriented sectors that can encourage innovation and entrepreneurship through their spillover effects.

County Residents with Economic Opportunity • Enact the actions laid out in the strategic priority area around cultivating talent to help ensure that Prince George’s County meets the needs of the federal government and employers in the County’s other targeted industry sectors.

• Developing transit-oriented districts creates more sites suitable for GSA and other knowledge/ professional services workers. Increasing placemaking and developing amenities at these sites can help increase the competitiveness of the County in attracting federal leases.

• As community-based anchor institutions, hospitals can help advance K–12 STEM education pathways for Prince George’s County.

• Hospitals and health services can connect to the County’s efforts to increase transit-oriented development. These anchors must be accessible to all individuals, and one component of this is accessibility for both transit and walkability.

• Engage workers at technology-oriented federal contractors and other technology-oriented government employees in value-added networking events to support the County’s innovation economy. • Anchor institutions in the hospitals and health services space could be opportunities for the place-based incentives identified in the first strategic priority area (e.g., participating in a first-customer program). • Consider how physicians, surgeons, nurses, as well as other healthcare occupations from both its resident population and its workforce are integrating into increased value-added networking opportunities around innovation and entrepreneurship.

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• Jobs in the hospitals and healthcare services sector may be a good fit for several of the strategies within the second strategic action, such as pursuing a consortium around the industry’s targeted critical skills and fostering the presence of nonprofit skill development providers.

Economic Development Strategic Action Plan For Prince George’s County

• As Prince George’s County considers new uses for underperforming commercial and retail developments and its transit-oriented future, they should explore connections with hospitals and health services.


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Figure 12. Density of Research Intensive Businesses

8min
pages 116-119

Figure 11. Density of Information Technology Services Businesses

6min
pages 111-114

Figure 10. Density of Hospital and Health Services Businesses

1min
pages 108-109

Figure 7. Locations of Prince George’s County’s Downtowns and Other Targeted Investment Areas

29min
pages 79-99

Figure 9. Density of General Services Administration Offices

2min
pages 105-106

Table 5. Select Characteristics of Prince George’s County Residents by Commuting Status

36min
pages 58-76

Appendix 1: Assessment of Prince George’s County’s Economic Drivers

1min
page 100

Human Capital: Cultivating Talent and Connecting Prince George’s County Residents with Economic Opportunity

1min
page 57

Strong Places: Strengthening Places Across Prince George’s County and Improving the Core Business Environment

1min
page 77

Table 4. Summary of Emerging Issues to Address Through Strategic Priorities

21min
pages 44-56

Strategic Framework for Advancing a Strategic Action Plan for Economic Development

2min
page 17

Table 3. Outline of Strategic Action Plan

1min
pages 31-34

Figure 4. Leading Research Institutions in Prince George’s County by Publications (2012–2019)26 Figure 5. Growth in Federal Procurement in Prince George’s County by Agency ($, thousands

15min
pages 37-43

Table 2. Summary of Emerging Issues to Address Through Strategic Priorities

4min
pages 23-25

A New Trajectory for Economic Development in Prince George’s County, Maryland

2min
page 13

Figure 3. Visualization of Plan’s Interconnected Strategic Focus

10min
pages 26-30

Building on Economic Development Momentum in Prince George’s County

2min
page 14

Table 1. Strengths and Opportunities in Driving Industry Clusters

10min
pages 18-22
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