
When Robert McCulloch
started Lake Havasu City in the 1960’s, he brought his chainsaw factory to
the desert community and with it jobs. Basing a community’s economy solely
on one industry is never wise, as Havasu discovered when McCulloch closed
its plant.
Retirement and
Tourist Community
Today, are
we a retirement community or tourism community? In the winter and fall, our
economy benefits from snowbirds, while the spring break crowd brings the
dollars during the spring and summer. Unfortunately, neither of those
industries is stable enough to sustain a community, especially during an
economic downturn; something the entire country is experiencing.
Yet, Lake Havasu City has the opportunity to get a major financial shot in the arm, and add “college town” to its economic resume. A program through Arizona State University, called Colleges@ASU is working to bring small college campuses to communities like Lake Havasu, but to keep it affordable the university needs local support.
Bobbi Holmes 2011