Category Archives: Financing

In Defense of ‘Vibrancy’ (And beer)

So I’m watching Asheville, the closest city to my rural community in western North Carolina, celebrate the announcement that Colorado-based New Belgium Brewing Company will be opening a brewery in the city’s redeveloping River Arts District. And based partly on extensive research with PlaceMakers partner Scott Doyon in the Atlanta Metro’s beer mecca of Decatur, GA – I’m thinking it’s time to address the concept of beer as economic development.
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Filed under Development, Economic Development, Financing, Public Policy, Resilience

Don’t Get Mixed Up on Mixed-Use

Taking a break from Geoff Dyer’s series on town centers this week with a refresher course on the simple elements of mixed-use development.

Citizens, politicians, and planning officials have embraced the need to allow for walkable neighborhoods across North America and mixed-use is an essential component for achieving walkability. However, the term mixed-use has held different meanings in different places over the past 40 years or so.

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Filed under Back of the Envelope, Development, Financing, Planning and Design

Community-Based Economic Development

This week my family enthusiastically celebrates both Canada Day and Independence Day, wishing Canada a happy 145th birthday, and the US a happy 236th. We honor the effective portions of the collective community vision that made these two nations great! The oldest continuously occupied settlements in each country are St. John’s, Newfoundland & Labrador, at 429 years, and Acoma and Taos Pueblos, both in New Mexico, at 1,012 years.

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Filed under Economic Development, Experience, Financing, Planning and Design, Public Policy, Resilience

Res Civitas non-Gratis: 21st Century Public Realm

Having worked in communities big and small across the continent, we’ve had ample opportunity to test ideas and find approaches that work best. Urban design details. Outreach tactics. Implementation tricks. Many of these lessons are transferable, which is why we’ve created “Back of the Envelope,” a weekly feature where we jot ’em down for your consideration.

The rise of 21st century social technology, in combination with the loss of our 20th century economy, has contributed to the closing of many neighborhood civic buildings — libraries and post offices — and to the private development that inevitably replaces them.

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Filed under Back of the Envelope, Development, Financing, Planning and Design, Public Policy, Theory and Practice

Infrastructure Deficit Disorder: The Doctor is In

This past week, Chuck Marohn and Justin Burslie of Strong Towns gave their Curbside Chat in the beloved San Diego neighborhood of Hillcrest. Chuck’s visit was possible through a fun collaboration between Walt Chambers of Great Streets San Diego, Ben Nicholls, Executive Director of the Hillcrest Business Association, and myself. Forty of San Diego’s most engaged built environment professionals filled the room with a happy-hour sense of electricity in the air.

Chuck then proceeded to ground that spark.

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Why Generation Y is Causing the Great Migration of the 21st Century

Just after the close of World War II, the last Great Migration in the United States — the move from the city to the new suburbs — began to emerge, fueled by new roads, low congestion, and modest energy costs. It was a new beginning, a chance to shake off the past, and it came complete with the promise of more privacy, more safety, greater proximity to nature, and easier financing.

Not surprisingly, Americans bought in.

After that, it didn’t take long for the preferred retailers to do likewise, abandoning the city and following their customers to the suburbs. The suburban single family home on a large lot became synonymous with the American Dream.

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Filed under Development, Experience, Financing, Planning and Design, Public Policy, Sales and Marketing

Dream Home for the New Era: Compact, connected & mortgage-free?

The future is here. And it’s for lease.

Even before the Great Recession, real estate market analysts Todd Zimmerman, Laurie Volk and Chris Nelson were patiently explaining the demography-is-destiny argument for an inevitable shift in American housing. It’s all about the numbers.

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Retail on My Mind

Seems I’ve got retail on my mind. It all started in December, with Bob Gibb’s Placemaking@Work webinar, whose tweetchat sparked a Neighbourhood Retail BlogOff led by Steve Mouzon. Then last week Victor Dover’s PM@W webinar followed up with ideas about tactical retail, where he talked about the next version of mixed use being smaller, quicker, and more organic.

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Money, It’s a Gas: New Economy development financing

In startling alignment with James Howard Kunstler’s stark predictions, ULI’s 2012 Report, “What’s Next: Real Estate in the New Economy,” bubbly concludes: “The real estate world is hurtling into a different place and time. Change is coming at a faster pace with more uncertain consequences. Success will take on different forms and risks will increase. Standing pat or ignoring new realities is not possible. Notably, investment will gravitate to places that welcome business and view public investments — in education, infrastructure, and innovation — as prerequisites for progress and economic sustainability.”

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Filed under Development, Financing