[kislideshow kirotate=”false”][kislideshowslide kiimageurl=”https://ncgrowth.unc.edu/wp-content/uploads/2015/05/ball.jpg” kiyoutubeid=”xldolkxaPmc”]David Ball, NCGrowth Economic Development Analyst, discusses his work with Princeville, NC.[/kislideshowslide][/kislideshow]
The Town of Princeville partnered with NCGrowth to research opportunities for economic development based on their historic and cultural assets. Princeville was founded by former slaves as Freedom Hill in 1865, just at the end of the American Civil War. Over the years, Princeville has experienced many devastating floods—some residents have moved away and others chose to rebuild and carry on. The Town’s population has risen and receded, much like the Tar River that has shaped its destiny. Today, the survival of Princeville is a testament to the determination and tenacity of its residents—the Town’s population stands at some 2,200 residents—an all-time high. Kenan-Flagler MBA analyst David Ball provided an in-depth analysis and comparison of towns that have successfully leveraged their history and culture for economic development. This research also included recommendations for Princeville to leverage its own historical and cultural assets, including the Museum, for economic development and revenue generation.