DT #647 From Legacy City to Regional Powerhouse: How Birmingham Is Rewriting Its Economic Future
Develop This: Economic and Community Development
Release Date: 05/20/2026
Develop This: Economic and Community Development
What does it take to transform a community while ensuring everyone benefits from the growth? In this episode of Develop This!, speaks with , President & CEO of , about one of the most ambitious community redevelopment projects in the United States. Clyde shares his unique journey from healthcare leadership into economic development and explains how large-scale infrastructure projects can serve as catalysts for economic growth, community revitalization, and long-term opportunity. A major focus of the conversation is community-led development. Rather than imposing change from the top down,...
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What makes some communities stand out while others struggle to tell their story? In this episode of Develop This!, speaks with , CEO of , about the growing importance of communication, branding, and storytelling in economic development. Drawing on her experience in both economic development and public relations, Sandy explains why authentic storytelling has become one of the most powerful tools communities can use to attract investment, build trust, and create lasting connections. The conversation explores common communication mistakes organizations make, the importance of maintaining...
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What if the next wave of economic growth starts with local entrepreneurs? In this episode of Develop This!, speaks with of to explore how entrepreneurship-led economic development can help communities build stronger, more resilient economies. Rob shares how communities—especially rural ones—can leverage their unique assets to support entrepreneurs, strengthen local ecosystems, and create long-term growth from within. The conversation highlights SourceLink’s ecosystem approach, focusing on how connecting entrepreneurs to the right resources, partners, and support networks can reduce...
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What role do public-private partnerships play in the future of economic development? In this panel episode of Develop This!, explores the evolving PPP landscape with , , and , bringing together perspectives from the U.S. and Europe. The conversation dives into how economic development organizations are rethinking funding models, private sector engagement, and long-term sustainability in a changing global environment. A major focus is funding diversification. The panel discusses why stable, flexible funding matters—and how structured campaigns can help formalize private sector participation...
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What happens when rapid tech growth collides with a city’s cultural identity? In this episode of Develop This!, is joined by and of to explore the evolution of Austin’s tech boom—and the social and economic trade-offs that come with it. Once known for its distinct culture and creative energy, Austin has become one of the fastest-growing tech hubs in the U.S. But as investment and innovation accelerate, the conversation turns to a harder question: what gets lost in the process? The discussion unpacks the growing tensions between economic expansion and community impact, including...
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What does it take for rural communities to compete and grow in today’s economy? In this episode of Develop This!, speaks with , EVP of the , to explore the opportunities and challenges shaping rural economic development. Jolene shares her journey from nonprofit leadership into economic development and explains how collaboration, creativity, and community trust play critical roles in driving regional growth. The conversation highlights how Great Falls is leveraging local strengths to support entrepreneurship, attract investment, and create long-term economic momentum. Workforce and housing...
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What does it take to rebuild an economy after a disaster—and turn it into a model for long-term growth? In this episode of Develop This!, speaks with , CEO of , to explore lessons learned from leading economic recovery efforts after Hurricane Katrina and 9/11. Michael shares how New Orleans approached rebuilding not just infrastructure, but its entire economic foundation—balancing urgency with long-term strategy, and recovery with reinvention. A major theme is the importance of community involvement in shaping recovery efforts. He emphasizes that post-disaster planning cannot be top-down,...
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What does it take to build thriving communities across an entire region? In this episode of Develop This!, speaks with to explore her unique journey from law enforcement to economic development—and the leadership lessons she’s learned along the way. Drawing from decades of experience in regional collaboration and workforce strategy, Barb shares how trust, authenticity, and long-term relationship building have helped shape successful community development efforts across Wisconsin. A major focus of the conversation is workforce development, particularly the growing importance of digital...
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What does it take for a small country to compete for high-value global investment in today’s economy? In this episode of Develop This!, speaks with of the to explore how Costa Rica is evolving into a strategic hub for advanced industries and foreign direct investment. From its geographic position connecting North and South America to its growing reputation in high-tech sectors, Costa Rica is positioning itself as more than a nearshoring destination—it’s becoming a knowledge-driven economy focused on long-term value creation. Pilar explains how the country has successfully diversified...
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What role do big, bold visions play in shaping stronger communities and more effective leaders? In this episode of Develop This!, is joined by to explore how optimism, storytelling, and ambitious goals can inspire innovation, community engagement, and long-term growth. Drawing inspiration from the Apollo 11 Moon Landing, the conversation examines how major rallying points can unite people around a shared purpose and create momentum for transformational change. Mark and Dennis discuss the importance of balancing realism with aspiration in leadership, emphasizing that communities need both...
info_outlineWhat does it take for a legacy industrial city to reinvent itself into a modern growth hub?
In this episode of Develop This!, Dennis Fraise is joined by Trevor Sutton to explore Birmingham’s ongoing economic transformation and the strategies shaping its future.
From major wins like the Fannie Mae project to the continued rise of life sciences and metals industries, Birmingham is positioning itself as a diversified and competitive regional economy. Trevor breaks down how strategic investment, infrastructure, and workforce alignment are driving that shift.
A major focus of the conversation is workforce development—specifically how the region is working to align education, training, and industry needs to retain talent and support long-term growth.
The discussion also highlights a broader truth in economic development: strong economies don’t exist in isolation. Regional collaboration, quality of life, and coordinated planning are all essential to attracting and keeping major employers.
A key takeaway? Birmingham’s growth story is less about reinvention and more about intentional alignment across industry, talent, and region.
Key Takeaways
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Birmingham is evolving into a diversified, modern regional economy
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Major projects like Fannie Mae are reshaping regional momentum
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Workforce development is central to talent retention and growth
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Regional collaboration is critical to long-term competitiveness
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Industry diversity and quality of life must be balanced strategically
Key Topics Covered
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Birmingham’s economic transformation
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The Fannie Mae project and regional impact
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Workforce development and talent retention
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Industry diversification and quality of life
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Regional collaboration and infrastructure
Sound Bites
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“Strong economies are regional economies”
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“Coffee shops and breweries are overhyped”
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“Birmingham is a true life sciences hub”