Our talented economic development professionals have the research and implementation experience needed to help economic developers, community leaders, and industries alike understand the opportunities and challenges in fostering local economic development.


Need help paying for research? Apply for our services through the Economic Development Research Program.


Latest News:

  • The Thread Trail Lagrange, GA

    In September 2016, the City of LaGrange, GA adopted a plan to construct 29 miles of interconnected multimodal trails throughout the city.  Known as The Thread Trail, the non-motorized and environmentally-friendly facility will provide a safe place to walk, cycle and hold special events.

    The Thread Trail’s estimated cost is $23 million and would be funded over a 15 year period with a Special Local Option Sales Tax (SPLOST). The first phase of The Thread Trail began in early 2017 as a demonstration “model mile” anchored around Granger Park.

    According to the Trust for Public Land, property values near parks and trails are frequently higher than properties located where there is little or no greenspace. Increasing property values frequently leads to a corresponding increase in property tax revenues generated.

    Georgia Tech’s Center for Economic Development Research will be working closely with the city to establish a baseline value of properties in close proximity to the trail. The values of these parcels will be tracked over time and compared to properties elsewhere in the city in order to demonstrate the positive impact on property values and to help measure the economic benefits of The Thread Trail.

    For project-related questions, contact:

    Alan Durham

    Phone: 404-385-5137

    Email: ude.hcetag.etavonninull@mahrud.nala

 Find all the Latest News here.

The Center for Economic Development Research is a unit of the Enterprise Innovation Institute, Georgia Tech’s chief business outreach and economic development organization. Its core mission is to help business, industry, entrepreneurs, and economic developers across Georgia grow and remain competitive.