Cooltown Studios
The official blog for crowdsourced placemaking

Monday, February 06, 2012

Rightsizing, not downsizing, is what the next gen is about

One size does not fit all, which has been the model of the industrial revolution. It’s encouraging to know that model driving the creative, information, knowledge economy of the present is based on providing what people truly want, and that perhaps the right size that personally suits us is finally being provided as an option.

Rightsizing Living
Regular readers know this has been well covered in this blog, that the next gen wants smaller homes, that the housing crisis needed a correction as housing sizes got out of control. According to a 2011 report, What’s Next? Real Estate in the New Economy, by a leading real estate organization, the Urban Land Institute (ULI), Gen Y (in their teens and early thirties) prefers smaller homes in favor of an easier commute and better lifestyle. Perhaps this will lead to ‘people rightsizing’ in a country where two-thirds of the population is overweight.

Rightsizing Commuting
As stated above, people are rightsizing their commute, looking to live closer to work and creating new, less expensive options for getting there. As stated in a new study by Zipcar, more Gen Yers are selling their cars or never buying one in the first place, opting for car sharing when they absolutely need one. The same is true even for bicycles with the rise of bike sharing.

Rightsizing Working
Many major companies will decentralize and value smaller office locations in 24-hour urban centers to enable innovation by being closer to where the creative, next gen populations are migrating to. For example, Google has invested in one of the largest buildings in downtown Manhattan, a beaux arts building in central Paris, a warehouse in downtown Pittsburgh, and a new building in downtown Boulder, Colorado… a far cry from the office parks of the 20th century. The aforementioned ULI report also states that office tenants will decrease space per employee, transforming into meeting places more than work places, with an emphasis on open configurations that foster interaction.

In a March 17, 2011 news article, “Zappos CEO envisions a new community downtown“, Zappos CEO Tony Hsieh shows he’s fully invested in rightsizing to benefit his employees, “Hsieh is exploring building 500 to 1,000 units of 100-square-foot spaces rented for $100 a month - enough room for a bed and a closet, while bathroom facilities would be shared. Maybe a bar or lounge would be attached to the building and renters would crash there whenever they wanted. “Maybe call it the Crash Pad,” he said. Renters would be screened to keep it from becoming a homeless or hooker option, he said.“

Now, this may be well suited for people who live in cities, but of Americans surveyed in 2009, 51% indicated that they would prefer to live in either a small town (30%) or rural area (21%). What about them?

Rightsizing Towns
Why can’t small towns also benefit from rightsized living, commuting and working? This is where the idea of “micropolitans” comes in, defined in association with the Micropolitan Manifesto as “a place anchored with a human-scaled, walkable downtown in the smallest cities possible, that each have the potential to be simultaneously “micro” and “cosmopolitan”.

So, what’s next? Now’s it’s time to decide what rightsizing means to you in your community. If it is and you’re committed to doing something about it, it’s on to organizing a group of like-minded people to crowdsource that vision into reality. It’s what this blog is all about helping you do.


Posted by Neil Takemoto in • Market Development | (0) Comments | Link

Wednesday, January 11, 2012

Our Downtown Hilo website at ourdowntownhilo.com

Hilo, HI: First crowdsourced placemaking municipality

Crowdsourced placemaking had been a private sector sponsored success in Bristol, CT, but what about coming from the public sector?

To many, public sector sponsored crowdsourced placemaking sounded rather impossible, with such arguments as:

- A municipality doesn’t do placemaking, or implementation, the private sector does. It’s the actual physical implementation of building real places that sets crowdsourced placemaking apart from just crowdsourcing.
- The city government is obligated to

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Posted by Neil Takemoto in • Crowdsourced PlacemakingGovernment Innovation | (0) Comments | Link |

Wednesday, December 21, 2011

Popularise

‘Popularise’ looks to crowdsource storefront businesses

The sons of a big-time developer in Washington DC learned enough about the real estate industry to the point they feel it’s ‘broken’. So, rather than continue the ‘Big Head’ oriented path of the real estate industry, the chose to forge a new one via the ‘Long Tail’. That is, they’re looking to crowdsource what gets built, starting with ground-floor businesses in Washington DC.

From their website: “Today, neighborhood development is dominated by large institutional companies that use Wall

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Posted by Neil Takemoto in • Crowdsourced Placemaking | (0) Comments | Link |

Monday, November 07, 2011

Locavesting, crowdfunding local businesses on the rise

We’re reaching the tipping point where our investment and tax dollars are going to start benefitting our local economies rather than private investors, with the ‘Long Tail‘ leading the way. Crowdfunding, a natural extension of crowdsourcing, emerges from the Long Tail and is coming to small businesses. It’s about time!

Cities are wising up in prioritize investing in independent businesses districts over chains. According to a BusinessWeek article, subsidies for chains are not effective. Big

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Posted by Neil Takemoto in • Economic GardeningInvestmentRetail Venue Development | (0) Comments | Link |

Monday, October 31, 2011

Big Head vs. Long Tail

‘Big Head’ and ‘Long Tail’ both key to placemaking

As we’re witnessing in communities from the Middle East to Wall Street, people are taking it upon themselves to organize and effect lasting change on behalf of the triple bottom line (being economically, socially and environmentally beneficial). These groups aren’t advocating having swarms of people as a better structure for governance, they’re just tired of what’s known in business as the ‘Big Head‘ (represented by the red in the graph above) having too much control, such as in

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Posted by Neil Takemoto in • Cool DevelopersCrowdsourced Placemaking | (0) Comments | Link |

Friday, October 14, 2011

The crowdsourced placemaking grant list

Demand sparks supply, so let’s get a list of cities that want to see crowdsourced placemaking in their city, town and/or neighborhood. Then we’ll look into how we can secure grants for them, whether it’s through a new national/international nonprofit or through a local nonprofit. See this NY Times story on Bristol, CT,“You ‘Like’ It, They Build It” for an example of results, which should be a compelling story for potential funders for programs initiated by the local community.

What would the

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Posted by Neil Takemoto in • Crowdsourced Placemaking | (0) Comments | Link |

Thursday, September 01, 2011

Clockwise from top left: Granville Street, Vancouver; South Lake Union, Seattle; West 7th, Fort Worth, Texas; Corktown, Detroit

Pop-up placemaking and next gen urban neighborhoods

Trendwatching.com reports that with 180,000 people moving into cities daily, a rising creative urban population they refer to as Citysumers are defining a new generation that’s more demanding, open-minded, connected, spontaneous and more try-out-prone than ever. What that means is if there ever was a time to experiment with forward-thinking placemaking, the time is now.

The current manifestation of that mentality is with ‘pop-up’ placemaking. It allow cities to try out innovative placemaking

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Posted by Neil Takemoto in • Market Development | (0) Comments | Link |

Friday, August 05, 2011

Proposed central plaza next to a market square (seen in distance) for the Village of Hempstead, New York

Revitalizing a struggling downtown: Crowdsource it… or not

With the Village of Hempstead, Long Island, New York, when a development team implemented crowdsourcing into the development process in 2011, the Village approved it unanimously. Not so when it wasn’t part of the process in 2007, which resulted in rejection.

In 2007, a development company presented the Village of Hempstead residents (pop. 53K), struggling economically at a medium income half of the immediate area, with 5200 construction jobs, 1200 permanent jobs and $35 million a year in new

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Posted by Neil Takemoto in • Crowdsourced Placemaking | (0) Comments | Link |

Friday, July 29, 2011

Del Mar Station development, Pasadena, California

What is triple-bottom-line real estate development?

Many of us know that the triple bottom line means “people, planet and profit”, being economically, socially and environmentally beneficial. That is, expanding the traditional reporting framework to take into account ecological and social performance in addition to financial performance (Wikipedia).

So what does this mean for real estate development? What would triple bottom line real estate development look like? Keep in mind this is about the real estate development industry, not about the

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Posted by Neil Takemoto in • Investment | (0) Comments | Link |

Thursday, July 14, 2011

New “Crowdsourcing for Idiots” book features town

There’s a plethora of books on crowdsourcing out there, but only one documents the crowdsourcing of a city’s entire downtown. In other words, it shows you how far crowdsourcing has come along, from T-shirts to now cities.

Below is the full excerpt from the book, The Complete Idiot’s Guide to Crowdsourcing by Aliza Sherman, published July 2011 (sure, we had something to do with it). Two days after the book was released, the NY Times published an article on the crowdsourced placemaking of the

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Posted by Neil Takemoto in • Crowdsourced PlacemakingMedia & Resources | (2) Comments | Link |

Thursday, June 30, 2011

‘Creating nature’ with an urban village in Seattle

This is apparently Seattle’s first transit-oriented development (TOD). If it gets better than this with TODs so come, hold on to your seats, you’re in for a fun ride.

The starting point is a 9-acre parking lot (left of photo), pretty much your standard building block in many U.S. cities, though adjacent to a major bus transfer station with planned light rail access, which means walkable urban village development is a natural next step. However, one half of what makes this a model for the rest

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Posted by Neil Takemoto in • Cool DevelopersMixed-Use Developments | (2) Comments | Link |
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