With more than 400 people in attendance, Prince George’s County Executive Angela Alsobrooks delivered the annual State of the Economy address on June 13. She offered credit and gratitude to the group of elected officials, business owners, and other community leaders that she called “Team Prince George’s” for the successes including transit-oriented development, new school buildings, and a growth in locally owned small businesses.
Prince George’s County led the state of Maryland in both overall job growth and Black business development last year, and financial agencies maintained the County’s coveted AAA bond rating status in early June.
“Prince George’s County is the single best place to live and work, the best place to raise a family, and the best place to start a business in the national capital region,” Alsobrooks, who is also Maryland’s Democratic nominee for the U.S. senate, said. “And I do know that it’s our time.”
She was especially thankful for the group effort that has led to the FBI selecting Greenbelt as its next headquarters, and also gave praise to Maryland Gov. Wes Moore (D) for jumpstarting the Purple Line project. She noted that Moore’s predecessor and Republican senatorial nominee Larry Hogan deliberately slowed down and undermined the Purple Line project during his tenure in office.
Event attendees, including County Council Chair Jolene Ivey (D- District 5), M.H. “Jim” Estepp, president of the Greater Prince George’s County Business Roundtable and David Ianucci, Prince George’s County Economic Development Corporation president and CEO, praised Alsobrooks for her leadership.
“This is the most expensive economic development project in the history of the United States of America,” said Ianucci, speaking of the FBI site selection. “It will literally change the economy of Prince George’s County. And the equity issue was the game changer. County Executive Alsobrooks showed everyone the difference between diversity and equity.”
View the full State of the Economy address here.