Can Downtowns Survive?

An economist's reading of recent trends suggests the future of the downtown is anything but certain.
September 22, 2004, 9am PDT | Chris Steins | @urbaninsight
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Sam Staley writes in the Downtown Idea Exchange that an economist's eye onrecent trends suggests the future of the downtown is anything butcertain. But that most downtowns can survive and even thrive if theyare able to recognize fundamental changes in the metropolitan fabric andtransform themselves into neighborhoods that meet the demands of a more competitive and mobile society.

"What will it take for downtowns to survive and even thrive in this environment?First and foremost, downtown advocates need to recognize they operate in a fundamentally different environment now than they did 50 years ago."

Thanks to Adrian Moore

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Published on Sunday, August 15, 2004 in Reason Public Policy Institute
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