Some municipalities have economic development sections of their planning departments and they have their own ideas and agendas. Sometimes they work with private agencies in a cooperative effort to bring new development to a community.
But is anyone aware of a completely private economic development agencies that have been successful at obtaining their objectives in attracting new development to a community as a way to protect and enhance their own developments? I have noticed that some developers will work as a holding company for some land, and develop or redevelop other adjacent land. Then they will aggressively market their land to outside corporations or developers, realizing that it will raise the property value of surrounding properties.
Kalamazoo and Grand Rapids Michigan has a little bit of this going on, however most of their projects are a Public/Private cooperation.