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Earlier this year, the alternative Chicago newspaper In These Times brought together several close-up observers of gentrification to talk about who or what was responsible for creating it. One of the panelists insisted that gentrification was a scheme launched by developers; one thought it was the direct result of government policy; a third thought it was a bottom-up process ignited by artists, writers and other cultural pioneers willing to live in places the middle class had abandoned.
Mid-Size Cities Provide Opportunities for Small Business. NYC's robust investment activity made it a no-brainer for the founder of Nowsourcing’s to initially base the company there. But after just one year, Wallace felt the city’s exorbitant costs were holding the company back. Leaving the deep pockets of New York City investors was risky, but it proved to be a wise gamble.
The Midwest makes up 19% of the country’s GDP and comes up with 19% of its patents, yet the region draws only 5% of America’s venture capital. That discrepancy suggests that midwestern entrepreneurs are starting fewer businesses not because they don’t have good ideas but because they don’t have access to the people who fund good ideas.
Back in 1973, an alliance of farmers, cities, and timber interests in Oregon passed a law to protect farm and forest land. Signed by Republican Gov. Tom McCall, the law drew a circle around every city in the state, restraining sprawl outside those lines while making it easier for developers to build inside. It was a key element in making Portland what it is today
The Transit Oriented Development Infrastructure Financing Act would help provide low-cost financing in the form of loans or loan guarantees. This bill would help to support communities in creating public-private partnerships that help to spur economic development, build the local tax base, improve neighborhoods and infrastructure and make the most of transit investments.
Networked livable communities are tied into multi-modal transportation systems and the hubs and corridors of cafes, boutiques, restaurants, bars, and shared-office settings. They include art, live music, and animated street life. These communities are emerging in former warehouse and industrial districts, downtowns, historic districts, inner-suburbs, college-towns, and artistic communities that have bucked national trends over the past five years of decline and eroding land values.
Mumbai, one of the most densely populated cities on Earth, has experienced tremendous economic growth. The city’s ambitious projects have accentuated tensions amongst local residents. In the book, “Contested Urbanism in Dharavi: Writings and Projects for the Resilient City” the authors offer a unique insight into how communities in the slum of Dharavi are facing such pressures and combine the latest theoretical debates with practice-based learning on urban design.
If a sprawling mall parking lot is one of the symbols of suburban America, this particular lot, located in a Seattle suburb, is a perfect example of how the suburbs are changing: Six acres of pavement have just been turned into the beginnings of a walkable community, complete with a new park. The new project aims to improve things for salmon, and turned a big chunk of the parking lot into a "bioswale," a park that filters out pollution before it can reach the creek.
A new study by economists Eugenio Proto and Aldo Rustichini finds that life satisfaction tends to be higher in countries with higher average incomes. What may come as more of a surprise is their finding that average life satisfaction actually peaks with countries that have an average annual income of about $33,000; after that, life satisfaction tends to drop as wealth rises. They also looked at the data just for European economies within the European Union.
Why So Many Emerging Megacities Remain So Poor: Today's vast international shipping markets and a hugely interconnected global food supply means that cities no longer need to be so dependent on their own country's agricultural production allowing for a rise of urban cities in some of the world's most stubbornly poor countries. Poor governance means that density does not translate to economic growth in poor countries.
How the Cost of Other People's Parking Drives Up Your Rent: You may also pay for parking – whether you use it or not – in your basic monthly rent. That's because developers (and the financiers they must satisfy, and the city regulations they must meet) assume that you drive a car even if you don't. And monthly fees for parking almost never cover the actual cost of constructing and maintaining it. As a result, non-drivers are forced to subsidize those that do.
Only when strong government intervention occurred was a transit line assured of generating a great deal of TOD success. Rezoning a corridor to encourage mixed-use development, creating a comprehensive plan for the area, actively reaching out to investors, marketing the program, offering financial incentives.