Industry Aftermath

Debating the effects of terrorism on real estate development.
December 3, 2001, 5am PST | Chris Steins | @urbaninsight
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"The September 11 terrorist attacks in New York City and just outside Washington, D.C., have sharpened the focus of municipal officials nationally and abroad on the need to sustain urban revitalization efforts and to enhance community livability, according to participants at the Urban Land Institute’s Global Mayors’ Forum, which included more than 30 mayors and city officials from the United States, Canada, Japan, Australia, and Colombia.Forum participants at ULI’s annual fall meeting in Boston this past October said that while the possibility exists that the attacks could drive some people out of urban areas, the reaction of urban residents so far has resulted in an “overwhelming celebration” of cities. “People are looking for opportunities to come together,” said Thomas Murphy, mayor of Pittsburgh. “We are seeing a change in how people are using cities. There is a greater tendency by people to celebrate life in the city, to go to cultural and recreational events. People are not retreating to their homes. This is providing us, as community leaders, a great opportunity to build on the strengths of our cities."

Thanks to Urban Land Magazine

Full Story:
Published on Saturday, December 1, 2001 in Urban Land Magazine
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