Portsmouth Economic Development Committee (PEDC)

Portsmouth Economic Development Committee (PEDC) Local residents seeking to preserve Portsmouth while guiding sustainable economic development. Portsmouth town committee dedicated to preserving Portsmouth while finding sustainable development opportunities.

We're here to help new partners get started and assist the businesses that are in town. Have an idea for for a Portsmouth, RI business? Please email us:

[email protected]

Operating as usual

08/07/2017

The amphitheater idea evoked a decent number of responses.

Let's start a discussion. We are sure we can get a promoter and acts for the stage once built.

Let's assume we have permission from the town to build it (on town land) and we have blessings from the neighbors to proceed with the project.

That leaves us with building the stage which costs money. Therein lies the challenge.

Could we do something like Habitat for Humanity and have a number of local contractors pitch in to build it as a community project?

A bond issue?

Grant writing?

Fund raising?

Any architects and contractors out there that can give us an idea of the cost?

How about a small and tastefully done music amphitheater on the south end of Glen Park?Small, quiet concerts.  Local fol...
08/06/2017

How about a small and tastefully done music amphitheater on the south end of Glen Park?

Small, quiet concerts. Local folks. Open mike. Couple of food trucks. Summer concert series?

Revenue generator for the town.

08/06/2017

Please support local activities.

portsmouthhistorical.org/portsmouth-art…

How about a Food Truck Festival in Glen Park?
08/05/2017

How about a Food Truck Festival in Glen Park?

Daily PEDC Factoid:"Closing the GAP" requires revenue to come from many places which requires thought and cooperation.
08/04/2017

Daily PEDC Factoid:

"Closing the GAP" requires revenue to come from many places which requires thought and cooperation.

Daily IG Factoid:From the 2010 Annual Report:  ways to "close the Gap."Not much has changed in seven years.Send your sug...
08/03/2017

Daily IG Factoid:

From the 2010 Annual Report: ways to "close the Gap."

Not much has changed in seven years.

Send your suggestions and comments to:

[email protected]

Daily IG Factoid:Every year, our town faces a "gap."  The gap is the difference between revenue and expenditures.  Rarel...
08/01/2017

Daily IG Factoid:

Every year, our town faces a "gap."

The gap is the difference between revenue and expenditures. Rarely is revenue greater than expenditures.

We cannot always count on federal and state help to "close the gap."

The town works hard to NOT to raise property taxes to "close the gap."

Which is why the PEDC must help and advise the Town Council on ways to generate new revenue to "close the gap."

Send your ideas on how to generate revenue to:

[email protected]

Daily PEDC Factoid:So what can small towns do to survive, and even thrive? https://www.strongtowns.org/journal/2009/6/29...
07/31/2017
How a Small Town can Survive (and even Thrive)

Daily PEDC Factoid:

So what can small towns do to survive, and even thrive?

https://www.strongtowns.org/journal/2009/6/29/how-a-small-town-can-survive-and-even-thrive.html

There are a number of broad concepts that small towns can apply right now that will allow them to survive during this difficult economic shift/correction, concept that will set them up to thrive once a new equilibrium has been reached.This post follows up on two prior posts: * Why do Sm

This Arts and Crafts Fair was in Ipswich.  It is held the last weekend every July.Boy Scouts had a food tent, there was ...
07/30/2017

This Arts and Crafts Fair was in Ipswich. It is held the last weekend every July.

Boy Scouts had a food tent, there was a food truck (whoopie pies), high school class fund raising tent and more.

Could we do this regularly in Glen Park a few times a year with different themes? Helps artisans and maybe a little revenue for the town.

From the article below:  "Any town or city can benefit from the additional revenue achieved by attracting new businesses...
07/25/2017
Economic Development - Attract New Companies and Grow Your Tax Base

From the article below: "Any town or city can benefit from the additional revenue achieved by attracting new businesses."

Why do we want to do this? Because it reduces the residential tax burden keeps taxes down and services steady.

Arguing in the dialectic, if there were no businesses in town, then residents would shoulder 100% of the tax burden less any money from the state.

https://mindecology.com/management-planning/economic-development-attract-new-companies-and-grow-your-tax-base/

The Portsmouth Historical Society has some terrific events coming up.  Below is a quick list. Put them on your calendar....
07/24/2017

The Portsmouth Historical Society has some terrific events coming up.

Below is a quick list. Put them on your calendar.

Here is a link to their website.

http://portsmouthhistorical.org/

07/24/2017
www.epa.gov

HOW SMALL TOWNS AND CITIES CAN USE LOCAL ASSETS TO REBUILD THEIR ECONOMIES: LESSONS FROM SUCCESSFUL PLACES.

https://www.epa.gov/sites/production/files/2015-05/documents/competitive_advantage_051215_508_final.pdf

07/14/2017
www.portsmouthriedc.com

The best ever PEDC Annual Report.

http://www.portsmouthriedc.com/documents/PEDC%20Dec%202010%20Annual%20Report%20REV%20O%201-9-11%20with%20notes.pdf

07/14/2017
www.farmlandinfo.org

http://www.farmlandinfo.org/sites/default/files/Cost_of_Community_Services_Studies_AFT_FIC_201609.pdf

This is a link to a recent and quite thorough study on Cost of Community services.

But we do not have a lot of land left for new houses and open space. Unfortunately, land as a commodity is finite.

There is quite of bit of commercial and light industrial land in town.

Nonetheless, these numbers help economic developers make better decisions.

07/14/2017
Portsmouth RI EDC

http://www.portsmouthriedc.com/

This is the link to our web site.

There is quite a bot of useful information here.

Several good, talented people spent a lot of time putting thidata together.

Particularly useful are the annual reports from 2008-2010.

The primary objective of the Committee is to advise the Town Council on economic-related matters. The Town Officials may from time to time, refer to the Committee policy matters of community development and viability, including such issues as land, economic, and infrastructure development. Town Offi...

07/14/2017

All:

It has been a while since we used this page. I took a sabbatical from economic development.

For those that visit, please comment and suggest ideas on how our town (or any town for that matter) can grow revenue without user fees and building new residences.

Please join, ask your friends to join, share and comment.

One small goal is to make this page noteworthy and utilitarian.

Thank you.

And happy economic developing to you.

07/14/2017

We want this page to be a community forum to exchange intelligent, meaningful ideas to enhance the revenue side of the budget process.

For decades, the annual budget cycle comes down to cut taxes or cut services. But if we raise revenue, then that alleviates some pressure.

Please share your ideas and thoughts on how to keep our town economically viable for years to come.

If we do not bring in new revenue, either services will be cut or taxes will go up.

It is that simple.

How about a clam shell concert site in Portsmouth?
07/14/2017

How about a clam shell concert site in Portsmouth?

06/29/2016

The Portsmouth Economic Development Committee has openings for new members. Please contact the Portsmouth Town Clerk for info on how to apply.

Saw this on a recent road trip.  Modern playground.  The locals said it was well used.  How about of couple of these in ...
09/06/2015

Saw this on a recent road trip. Modern playground. The locals said it was well used. How about of couple of these in town?

03/16/2015

Perhaps a microbrewery with an outdoor biergarten in town would add some charm.

How about a nice waterfront public park in Portsmouth?
03/16/2015

How about a nice waterfront public park in Portsmouth?

03/16/2015

Meeting this Wednesday at 6 pm at Town Hall.

03/11/2015

The Aquidneck Island Planning Commission is looking for feedback. What island wide projects should they be looking into? The projects must benefit all three towns on the island.

Timeline Photos
02/26/2015

Timeline Photos

01/20/2015

MEETING ON 21st canceled. Will reschedule soon.

01/16/2015

Next meeting is Wednesday, Jan 21st at 6 pm in the Portsmouth Room at Town Hall. We are looking for a few new members.

Address

2200 E Main Rd
Portsmouth, RI
02871

General information

The PEDC consults with the Town Council on matters of economic importance. We welcome public feedback and ideas related to preserving Portsmouth by creating a more livable and business-friendly atmosphere. It's everyone's town. Meetings are normally held the third Thursday of each month in the Portsmouth Room, on the second floor of Portsmouth Town Hall. Meeting notices and agendas are posted at the Town Hall and on the RI Secretary of State "Town Crier" web page. PEDC Bylaws: http://portsmouthrienergy.com/documents/bylaws040907.pdf

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Comments

Something to consider versus McMansions?
DAILY PEDC FACTOID: How to attract small businesses to town which would add revenue to the budget. And IAW COCS, they would be revenue positive to the town.
What do business owners look at when they want to find a new location? How does Portsmouth stack up?
How about a clam shell stage for music concerts and performances in town. Lower Glen Park? Near Hodges Badge? The old Briggs Property on West Main? We need to bring revenue into this town or taxes will go through the roof or services will decline.