New PAID Director Relishes Challenge Of Urban Economic Development

Editor’s note:  90 days into a new job and he scores!  Color me impressed!

POTTSTOWN, Pa. – When your job is to try to attract businesses to a particular place, having a sense of place is pretty important.

So it´s probably a good thing that Steve Bamford has a boatload of real estate experience to call upon in his role as executive director of the Pottstown Area Industrial Development, also known as PAID Inc.

More than two years ago, the Urban Land Institute recommended, among other things, that economic development be taken out of the hands of the politicians and put into the hands of a professional staff. The result was a re-imagining of the largely moribund PAID organization into an active economic development arm with a responsibility sharing agreement between the borough, the school district and the Montgomery Redevelopment Authority.

Read more: http://business-news.thestreet.com/the-mercury/story/new-paid-director-relishes-challenge-urban-economic-development/1