The phrase "innovation district" is a popular moniker for network-building, placemaking, R&D ingenuity and economic development--a waypoint where entrepreneurs and researchers cross paths, ignite new ideas and bring them to market. In 2007, the Washington Department of Commerce designated The University District as an Innovation Partnership Zone to generate economic growth in sectors such as healthcare, technology and manufacturing. As such, The University District increasingly attracts a critical mass of exceptional students, faculty, researchers and creative entrepreneurs whose work catalyses new public-private partnerships, commercialization opportunities, job growth, and overall prosperity.
Perhaps the single largest economic development opportunity for the region is Vision 2030. With leadership by Greater Spokane Inc., this community project aims to build out by 2030: expanded undergraduate and graduate medical education; health and life sciences research, commercialization and business development; and community health care. It has the potential to transform our local economy by building on our region’s largest economic driver. Read more regarding Vision 2030.