Tag: investment

Tying Business Incentives to an Economic Development Strategy

This is a guest post written by Ellen Harpel. Post originally appeared on the Smart Incentives blog. Economic development initiatives like this construction project in Singapore are more successful when investment incentives align with the values articulated by the overall development strategy. (Getty Images) Incentives are not just about winning a deal or completing a transaction

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Partnerships Key to Twin Cities Light Rail

This post was written by Roger Williams and Mark Weinheimer to introduce a new case study from NLC about the partnerships that contributed to the construction of the Central Corridor light rail line in St. Paul and Minneapolis, Minnesota. One of the ways cities have tackled challenges to their resiliency has been to undertake transformational

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AFF Transportation Bonds Support Infrastructure, Jobs

According to estimates from the Federal Highway Administration, local governments invested $53 billion in highway programs raised from local revenue sources, yet that amount does not come close to meeting the needs for investment in roads, transit, bridges, waterways and airports. While Congress debates the renewal of a national surface transportation program and how to

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Investment in Nation’s Infrastructure is Economic Lifeline

President Obama used the backdrop of the historic Union Depot Station in Saint Paul, Minn. to announce another round of federal TIGER grants – the Transportation Investment Generating Economic Recovery – competitive grant program that has provided 270 communities with an opportunity to make strategic multimodal transportation investments since its inception five years ago. The

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Partnerships Revitalize Baltimore Neighborhoods

A diverse set of partnerships lie at the heart of efforts in the City of Baltimore to revitalize neighborhoods, grow population, and support community prosperity. In Baltimore, it is “big tent” mobilizations that are emphasized. The coalitions across the city draw expertise and support from philanthropies, real estate developers, educational institutions, church congregations, community development

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Fresno Leverages TIGER Grants for Complete Streets Planning

This is the second in a series of blogs that will explore the impact TIGER grants have on local communities by helping them better leverage financing options, meet transportation safety goals, and increase overall quality of life by introducing alternative modes of transportation.  Click here for the first blog, which explores Seattle’s Mercer Corridor Project.

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Cities Lead: Recipes for Local Success

Urban scholar and commentator Neal Peirce released his book Citistates (How Urban America Can Prosper in a Competitive World) all the way back in 1993. The themes concerning successful and globally competitive cities and regions were compelling then and his findings have been borne out by authors including Michael Porter (The Competitive Advantage of the

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Strategies for Transforming the “Rust Belt”

Many cities, especially the old manufacturing centers hardest hit by economic transformation and demographic shifts, are developing and implementing strategies to attract new residents and new investment. Options that have been or are being deployed to once again grow these cities include targeting immigrants and knowledge workers (“creative class”) as well as place-based initiatives focusing

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Keeping a Small Town Thriving

Shepherdstown, West Virginia (population under 2,000) matches the historic charm of a Shenandoah Valley retreat with the energy and entrepreneurship usually found in a more urban setting. In the competition for best in class among small communities, Shepherdstown punches above its size and weight. Ignore the pre-Revolutionary founding (1762) and the advantages of geography (77

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Cities Kick-Start Innovation

Context matters in rankings, whether it is for universities, sports teams or cities. Columbus, Ohio and Medellin, Columbia, are two cities that were recently singled out for recognition. In the case of Medellin the title bestowed was Innovative City of the Year by Citi Group, The Wall Street Journal and the Urban Land Institute. Columbus

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