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The Value of Economic and Community Development Anchors

Andrew J. Van Leuven et al.

Economic Development Quarterly2025https://doi.org/10.1177/08912424251397353article
ABDC B
Weight
0.50

Abstract

Economic developers and planners can use more than anchor tenants and place-bound anchor institutions to secure development, but not all anchors are equally durable. Place-bound, or place-rooted, anchor institutions are unlikely to relocate in response to changes in settlement patterns or business consolidations, providing a strong foundation for community development. However, anchor institutions are scarce. In contrast, most community development investments are tethered to more plentiful, but more ephemeral, anchors: anchor tenants, third places, and managed or naturally occurring third spaces. Ensuring that the right anchor is used on a particular water's bottom—the specific land use and geographic scale of a project's impact—requires understanding which anchor best secures a development or regional economy. A survey of agricultural extension agents revealed that the strength of an anchor comes from its community and economic VALUE: visibility, authenticity, loyalty, utility, and engagement.

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https://doi.org/https://doi.org/10.1177/08912424251397353

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@article{andrew2025,
  title        = {{The Value of Economic and Community Development Anchors}},
  author       = {Andrew J. Van Leuven et al.},
  journal      = {Economic Development Quarterly},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.1177/08912424251397353},
}

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The Value of Economic and Community Development Anchors

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.