Facing a decline in job growth, a struggling commercial real estate market and a climbing population, today (Friday) Alexandria released the draft of its first economic development strategy in nearly two decades.
The 63-page ALX Forward draft plan makes a number of recommends to reverse negative trends, including leveraging economic opportunities in Old Town North, Eisenhower East, the West End, and Potomac Yard; retaining local businesses and attracting high-growth industries like artificial intelligence firms; and strengthening support for the city’s entrepreneurial ecosystem.