Bruce Katz of the Brookings Institution proposes that cities are fueling themselves too heavily through "Starbucks, stadia and stealing businesses," sources he says are just recycling local dollars instead of attracting global income sources.
In an interview with Penelope Lemov, Katz explains the proposal they've developed to diversify the income stream of cities:
"We've got to grow the pie. We believe, as do many others, that we need to use this past recession as a wake-up call and shift to an economy that first and foremost is driven by exports, greater global engagement, and the production of high-value goods and services -- building off what has been our manufacturing base and advanced-services base. That will be the way to enhance the fiscal base of cities. Exporting firms, manufacturing firms and innovative firms pay better wages for a broad spectrum of the workforce."
FULL STORY: Building a New Financial Base
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Vehicle-related Deaths Drop 29% in Richmond, VA
The seventh year of the city's Vision Zero strategy also cut the number of people killed in alcohol-related crashes by half.
Can We Please Give Communities the Design They Deserve?
Often an afterthought, graphic design impacts everything from how we navigate a city to how we feel about it. One designer argues: the people deserve better.
Southern Californians Survey Trees for Destructive Oak Pest
Hundreds of volunteers across five counties participated in the first Goldspotted Oak Borer Blitz, surveying oak trees for signs of the invasive beetle and contributing valuable data to help protect Southern California’s native woodlands.
Opinion: How Geothermal HVAC Lowers Costs, Improves Grid Resilience
Geothermal heating and cooling systems can reduce energy costs and dramatically improve efficiency.
Tenant Screening: A Billion-Dollar Industry with Little Oversight. What’s Being Done to Protect Renters?
Reports show that the data tenant screening companies use is often riddled with errors and relies on information that has no bearing on whether someone will be a good tenant.
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.
Borough of Carlisle
Smith Gee Studio
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)