Tag: investment

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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Detroit and DETROPIA

The words come at you harshly and powerfully. Decay. Ruin. Emptiness. America’s Pompeii. These words accompany images of Detroit from photographers Andrew Moore and Camilo Jose Vergara. The photos have been part of two exhibitions at the National Building Museum in Washington, Detroit Disassembled and Detroit Is No Dry Bones. Using a large-format presentation, Moore

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Consequences of Underfunding Transportation

What was billed as the release of a new report exploring the expected consequences of a 35 percent cut in federal funding of transportation programs quickly turned from a Washington, D.C. wonk-fest into far more interesting speculation about how Congress will expand revenue streams for the Highway Trust Fund. The setting was the joint release

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A Way Forward for Local Infrastructure Investment

Chicago Mayor Rahm Emanuel is raising the bar on implementing solutions to his city’s infrastructure needs.  During a wide-ranging discussion in Washington, D.C. today, Mayor Emanuel ticked off the challenges he and other local leaders face in cities and towns across America – congested highways, obsolete water and sewer systems, low capacity telecommunications networks and

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“The Next American Economy”

According to an article from the New York Times, the city of Chicago is preparing to partner with the private sector to invest $7 billion in transit, schools and parks.  In the article, Mayor Emanuel hints that this is the kind of drastic investment that will be required for “building a new Chicago.”  In fact,

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The State of the Cities in 2012: Mayors Adopt a Sustainability Framework

This is the last post in a seven-part series about US mayors’ 2012 State of the City speeches. Ten years ago, if you looked far and wide, you may have heard the word “sustainability” in one- possibly two- mayors’ State of the City addresses.  Five years ago, a few more mayors, especially those with a

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The State of the Cities in 2012: Focus on Infrastructure Investment

This is the sixth in a seven-part series about mayors’ 2012 State of the City Speeches. As the rest of America waits for the Federal Government to get its act together and pass a comprehensive transportation bill, cities across the country are recognizing the opportunities that continued infrastructure improvements are having in their cities.  Leslie

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Chicago’s Path to Better Regional Competitiveness

The city of Chicago stands high on a number of rankings that consider benchmarks such as economic output, educational attainment, public transit assets and quality of place. The numbers are pretty consistent across a number of research studies including the most recent one conducted by the Organisation for Economic Co-operation and Development (OECD). In the

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