Once upon a time, tech start-ups located almost exclusively in the suburbs. New data reveals the extent to which this pattern has been reversed.
Richard Florida analyzed the urban shift in America’s start-up economy for a report from the Martin Prosperity Institute. He found that in seven out of 13 metropolitan areas, more than half of venture-capital funds went to businesses located in city centers or the walkable suburbs.
Why the switch from the suburbs to downtown? Florida identifies several factors. First is the tendency of talented workers to cluster in urban areas. Then there’s the efficiency factor: dense areas enable companies to offer workers more amenities for less. Finally, the fact that so much of today’s tech is based in the virtual world means that it no longer requires large campuses.
FULL STORY: The Urban Shift in the U.S. Start-Up Economy, in One Chart
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Maine Approves Rent Relief Program
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City of Costa Mesa
Licking County
Barrett Planning Group LLC
HUD's Office of Policy Development and Research
Mpact Transit + Community
HUD's Office of Policy Development and Research
Tufts University, Department of Urban and Environmental Policy & Planning
City of Universal City TX
ULI Northwest Arkansas
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
