Cooltown Studios
The official blog for crowdsourced placemaking

Monday, February 06, 2012

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

While ‘one size fits all’ may have been the mass production model of the industrial revolution, it’s encouraging to know that the model driving the creative, information, knowledge economy of the present is based on providing what people truly want. That ‘right size’ we’re looking for 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. Single-family home sizes are dropping for the first time. 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.“

Rightsizing towns?
While you may be thinking that rightsizing is only relevant to urban areas and big cities, it isn’t. Even small towns are rightsizing their footprints as we evolve from sprawl to what are being referred to as ‘micropolitans’; small towns with compact downtowns. This is especially important given that 51% of Americans indicated that they would prefer to live in either a small town (30%) or rural area (21%). For a more detailed and contemporary definition of ‘micropolitan’, check out the Micropolitan Manifesto, a primer for author Katie McCaskey’s upcoming book, Urban Escapee: “Micropolitan: 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, and if 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. That’s the purpose behind this site.


Posted by Neil Takemoto in • Market Development | (0) Comments | Link
  • Enjoy this post? Share it with others.
  • Digg Favicon
  • Email Favicon
  • Facebook Favicon
  • LinkedIn Favicon
  • StumbleUpon Favicon
  • TwitThis Favicon

Tuesday, November 25, 2003

The Majestic hollywood model

Learning from Hollywood’s movie studios

In a matter of a year or two, a handful of visionaries are able to initiate a business venture that generates $20-$200 million of profit within a few weeks of product introduction, gaining national recognition at the same time, and even changing people’s lives.

This is the film-producing norm for Hollywood’s movie studios, known as the Hollywood Model, a term popularized by Dr. Charles Grantham and his research on productive modern work trends.  The movie studios act as a catalyst for, in

read more…


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

Monday, November 24, 2003

Cool smiley

So what is a ‘cooltown’, really?

Here’s one dictionary definition:  Cool - (informal) very good.

Now, in no shape or form are we going to define cool for anyone, especially when building a community.  No, that ain’t too cool, though unfortunately that’s the way it’s been for decades now - ‘we will build it and you will come’.

The CoolTown Studios methodology in developing communities is to involve the most innovative, entrepreneurial, active, creative, passionate people, the ones already most associated with the word cool

read more…


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

Friday, November 21, 2003

Atlantic Station, Atlanta, GA

Higher density = More jobs per capita?

Sprawl may cost city jobs, reports indicate The Atlanta Journal-Constitution
By Julie B. Hairston, November 21, 2003
Atlanta’s suburban sprawl may be literally driving away good jobs.

According to the recently released study, The Jobs are Back in Town: Urban Smart Growth and Construction Employment, building places like cooltowns creates more jobs and uses less resources than sprawl.  The study defines Smart Growth as apartments and townhouses vs single-family homes.

For instance, Oregon has

read more…


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

Thursday, November 20, 2003

Lodo, downtown Denver, CO

In the news: Young minds flock to Denver

Great young minds think alike: Educated 20-, 30-somethings flock to city (Denver Post)
By David Olinger, November 12, 2003

According to a U.S. Census Bureau report released last week, Denver’s one of the top ‘brain-gain’ cities in the country, ranking sixth in net migration of single college graduates during the late 1990s.  Portland, OR, Atlanta and Charlotte, NC were winners as well, the industrial age-dependent Rust Belt and New England cities - not, namely Philadelphia, Cleveland and

read more…


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

Wednesday, November 19, 2003

Storefront

What do women really want in their neighborhoods?

Article in San Francisco Chronicle
By Richard Paoli, November 16, 2003

The survey, What Women Really Want in Neighborhoods, Homes and Community Life, conducted by EDAW, seemed focused on women with the greatest buying power/influence, typically boomers.  Still, their priorities are much more CoolTown-oriented than their male counterparts.

Their two key qualities they’re looking for in buying a home are: Social interaction and convenience.

Topping the list of amenities are:
- Access (ie

read more…


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

Tuesday, November 18, 2003

Market Commons, Clarendon, Arlington, Virginia VA

In the news: Carless lifestyles are ‘in’

The Washington Post is having quite the CoolTown run lately…

Out of the Driver’s Seat : Arlington Residents Increasingly Choose to Shift Into a Carless Lifestyle (Washington Post)
By Chris L. Jenkins, November 17, 2003 (link expires Dec. 1)

More and more people in Arlington County, VA are going carless - and guess what?  According to the article, they’re very happy.  I can vouch for that since I know a few of them myself.

Percentages of carless households in the Washington DC area:

read more…


Posted by Neil Takemoto in • Mobility | (1) Comments | Link |

Monday, November 17, 2003

Walmart in Fast Company

In the news: The Wal-Mart you DON’T know

Fast Company Magazine:  The giant retailer’s low prices often come with a high cost. Wal-Mart’s relentless pressure can crush the companies it does business with and force them to send jobs overseas. Are we shopping our way straight to the unemployment line? Charles Fishman

What an eye-opening story (just click anywhere in the paragraph above).  It makes you realize that Wal-mart isn’t a national retailer anymore, it’s an international wholesaler.  While it’s single-handedly forcing the

read more…


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

Thursday, November 13, 2003

YP CIncy, Cincinnati Tomorrow, Ohio

In the news: Diverse leadership = jobs?

Mid-sized cities get hip to attract young professionals (USA Today cover story)
By Haya El Nasser, Oct. 10, 2003

Summarizing the article:

Pittsburgh, Richmond, Memphis, Tampa, Indianapolis, Baton Rouge, St. Louis, Milwaukee, Tallahassee, Fla., Cincinnati and Fresno, Calif. are intent on diversifying their population by trying to attract younger people.  San Francisco, New York, Seattle, Atlanta, Washington and Boston are already there.

What seems to be causing a stir in Cincinnati that a

read more…


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

Wednesday, November 12, 2003

Boxing gloves

In the news: Seattle vs. Cleveland: And the winner is…

Seattle.  Yawn.

Brain-Gain Cities Attract Educated Young (Washington Post cover story)
By Blaine Harden, Nov. 9, 2003 (link expires Nov. 23)
First of two articles:  Seattle: In a Darwinian fight for survival, American cities are scheming to steal each other’s young. They want ambitious young…

Of course it’s Seattle, since the city encourages job creation through its major universities; focuses on cutting edge entertainment, music and recreation; remains young (it’s rainy weather makes it the

read more…


Posted by Neil Takemoto in • Economic Gardening | (0) Comments | Link |
Page 151 of 167 pages « First  <  149 150 151 152 153 >  Last »