Perhaps too many people buying homes they couldn’t afford wasn’t the problem behind the Wall Street collapse, but a symptom. The real problem may be that there are too many homes out on the market that people could never afford in the first place. In other words, the average U.S. American can’t afford $300,000 for a home, as is the going rate in many cities. So rather than lend out more money to buy homes people can’t afford, that banks can’t back, perhaps the real solution is addressing the

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When it comes to industrial design, Milan, Italy is a world capital, leaders in fashion and architecture and home to Alfa Romeo and Fiera Milano, the largest trade fair complex in the world. There is no product
design equivalent in the U.S., but Cleveland, Ohio is poising itself to take on that mantle. What’s the point? For one, design is found to be correlated to economic growth. If you’re wondering how industrial design makes an impact, think of Apple and their influence.

In the heart of

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In 1956 the Federal Aid Highway Act ushered in the auto age, with the U.S. government funding 90% of the costs to build 41,000 miles of interstate highways over 20 years, an equivalent of $200 billion today. Highways are still being built, but they’re also coming down as cities are realizing that a digital infrastructure (ie the internet; wi-fi, fiber optic, cellular, satellite networks) negates a continued need for heavy asphalt investment, and at a much lower economic, environmental and

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What’s leading economic growth in our cities?

Robert Litan, VP of Research and Policy at the Kaufmann Foundation* and director of Economic Studies at the Brookings Institution**, concludes that more of our growth today is generated by entrepreneurial or newer companies. He answers the following question in this interview from Smart City Radio:

Smart City Radio: “If you were advising a local urban leader on how he or she could encourage the start up of businesses that would have a good chance

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I first profiled Tryst back in 2003 as a popular coffeehouse third place in Adams Morgan, Washington DC. But five years later, ten years after it first opened, it’s not only become a neighborhood institution, but it really should be seen as a contemporary model for job creation.

Here’s the big picture:

1. A majority of big businesses come from small businesses, and small businesses are started by entrepreneurs… from their homes.
2. Many (not all) entrepreneurs who tried working exclusively

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If you’re looking to establish a beta community to crowdsource a natural cultural district (kudos to those of you who don’t have to click on the words to know what’s being talked about here), it starts with third places, events and scenes.

Third places. Most of you know what third places are - where you feel comfortable hanging out when you’re not at home or at work. A community starts with a third place so people can meet face to face, whether it’s a coffeehouse, a cafe/bookstore, or a

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Utilizing the Fifth Discipline principles of systems thinking, we bring to you a representation of why cities, especially their economic development departments that manage the largest of budgets, choose to invest in the outdated practice of landing ‘the big one’ rather than cultivating its own creative economy that is known to create jobs more effectively.

The Context:  First of all, it’s important to understand the long tail. The vertical axis in the graph to the left is economic output,

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Today’s entry will be a little uncommon, but rather extraordinary as we present Urban Cultures’ detailed presentation behind their Cultural Quarters: Necessary Conditions and Success Factors checklist. There really are few if any firms that have such fine-grain knowledge in helping cities invest in such places, and we’re glad to be associated with them.

The treatise follows:

An essential prerequisite for a vibrant cultural quarter is the presence of cultural activity, and this should include

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Continuing our understanding of natural cultural districts, here’s Urban Cultures’ (profiled previously) Necessary Conditions and Success Factors checklist for what makes a vibrant cultural quarter:

Activity
- Extent and variety of cultural venues
- Presence of an evening economy, including café culture
- Strength of small-firm economy, including creative businesses
- Access to universities and education providers
- Presence of festivals and events
- Availability of workspaces for artists

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‘cultural clusters’ and Tilburg in Holland).

The first two of these are oriented towards art as a good thing, an expression of civilization and of ‘cultural consumption’. The third is more closely related to urban-place making and mixed-use city diversity. The fourth is directly linked to the notion of the new economy and mixed media, and therefore the generation of new work, businesses and employment. However, there are many examples of planned cultural precincts that fail as urban

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