Since taking office in January 2010, Mayor Flanagan has stabilized the city’s bond rating to make it more attractive for long-term investment.  He finalized the long-awaited agreement with UMass Dartmouth to create a Fall River BioPark, and bring as many as 8,000 jobs to Fall River.  He brought TPI Composites back to Fall River, to help anchor the city's growing green jobs sector.  And he crafted new partnerships with Bristol Community College and UMass Dartmouth to expand workforce training programs.

Mayor Flanagan is also focused on the future of the city's economy.  He continues to fight for state and federal approval and funding for South Coast Rail.  He introduced a waterfront rezoning plan that will streamline investment and development along the Taunton River and Mount Hope Bay. In an effort to pursue every job opportunity for city residents, Flanagan met with Tribal Leaders to discuss the potential for a resort casino in the city.  And he has been working with state and federal leaders to identify new strategies for job creation.