Bend City Council develops 10-year economic strategy with Invest Bend campaign

The City of Bend is gearing up for a transformative decade with the launch of its first-ever Economic Development Strategic Plan, aimed at fostering sustainable growth and upward economic mobility for all residents. During a recent hybrid meeting of the Bend Economic Development Advisory Board, key city officials, including Councilor Megan Percocet, highlighted the importance of a comprehensive work plan that will guide the city’s economic initiatives over the next ten years.

Jonathan and Cyrus, two pivotal figures in the development of this plan, presented a detailed proposal outlining the steps necessary to achieve this ambitious goal by December 3. The plan, dubbed "Invest Bend," is designed to create a roadmap for economic development programs, policies, and partnerships, ensuring that Bend remains a vibrant and equitable community.

Central to the plan are five key focus areas that will shape Bend's economic landscape. These include enhancing business growth, improving housing affordability, and preserving the unique character of the community. The strategy emphasizes the need for community engagement and data analysis to align expectations and drive progress.

A significant aspect of the discussion was the recent increase in the median income for families in Bend, which rose by $20,000 in just one year. This statistic underscores the urgency of addressing economic disparities and ensuring that all residents have access to better job opportunities and resources.

The plan will also explore the development of supply chains related to identified target sectors, aiming to build a robust economic cluster that supports local businesses and attracts new investments. As the city moves forward, officials are committed to balancing growth with the preservation of Bend's charm, ensuring that development enhances the quality of life for all residents.

With the groundwork laid, the city is poised to embark on a strategic journey that promises to redefine Bend's economic future, making it a model for sustainable and inclusive growth.