Place-Based Development

Place-Based Development focuses on strengthening and revitalizing specific geographic areas by leveraging their unique characteristics, resources, and community assets. It involves tailored strategies that address local needs and opportunities, encouraging economic growth, social well-being, and sustainability within a designated area. Instead of applying broad policies across regions, this approach promotes targeted investments and collaborations to enhance the vitality of neighborhoods, towns, or regions, fostering a sense of ownership and resilience among residents and stakeholders.