According to this article, the market forces behind large home construction are alive and well. In a process of suburban gentrification, developers purchase older, smaller homes and build "McMansions" in their place.
To the tune of at least $4 billion in tax exemptions, America's taxpayers have collectively subsidized the construction of sports venues across the country, for the benefit of sports owners' bottom line. Are we getting our money's worth?
Leading the way in establishing Hong Kong's ambitious new $2.8 cultural district is the M+ Museum, which, at more than twice the size of the Tate Modern, intends to be Hong Kong’s answer to the Centre Pompidou or the Guggenheim in Bilbao.
The era of big-box retail dominance is coming to an end. That's the opinion of David Welch, Chris Burritt and Lauren Coleman-Lochner, writing in <em>Bloomberg</em> on the occasion of Best Buy's recent announcement that it is closing 50 big stores.
As the Highway Trust Fund goes bankrupt, the editors of <em>Bloomberg</em> suggest new ways to finance transportation infrastructure that integrates new technology, increasing public-private associations and loosening the funding framework itself.