Overall, the value of American land is strikingly high. But it's the differences between and within cities that concern Florida.
In CityLab, Richard Florida unpacks a study finding that the total value of urban land in the United States is over $25 trillion—"more than double the nation's total economic output or GDP in 2006." And nearly half that value is concentrated in just five major metropolitan areas: New York, Los Angeles, San Francisco, D.C., and Chicago.
As Florida notes, central land is more valuable than "average" land within a city—a gap that is significantly wider in the top five cities. In other words, "central land tends to grow more valuable in larger metros," perhaps because "the high price of central urban land is a byproduct of the clustering of economic activity that defines the urban revival."
There's more detail at CityLab. The bottom line, for Florida, is that "the study confirms something that is becoming increasingly obvious: Economic inequality is bad, but spatial inequality is even worse."
Read the full story: The Staggering Value of Urban Land
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
US buildings threatened, destroyed by fires set to triple by 2060
Researchers found a high fire risk for socioeconomically vulnerable neighborhoods in the American West.
LA residents may be allowed to paint their own crosswalks
Councilwoman Katy Yaroslavsky put out a motion instructing the Los Angeles Department of Public Transportation to study the feasibility of allowing volunteers to paint crosswalks.
Dallas moves to overhaul its zoning code
The city's zoning reform will allow more multi-family and mixed-use developments.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority