According to Kyle Chayka's critique of "The Rise of Innovation Districts" report by the Brookings Institutions, "all is not right in this innovation ideology."
In fact, says Chayka, the innovation economy looks a lot like gentrification:
"While innovation districts may catalyze growth, it remains to be seen how sustainable that growth will be. In the world of entrepreneurial technology, ephemerality and competition are king: The losers are quickly weeded out and the winners go on to be absorbed into larger winners. The process only benefits a thin spectrum of the population that already has access to the kinds of capital—education, real estate, connections—that the innovation economy thrives on. The rest, it leaves behind."
Chayka also argues that the report does not go far enough in suggesting strategies for innovation districts to promote inclusive growth. "Any city looking at developing an innovation district as a way to seek economic growth must ensure that it is sustainable, organic, and woven into the pre-existing fabric rather than simply plopped onto an empty-looking post-industrial neighborhood."
FULL STORY: Does Innovation Always Lead to Gentrification?

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?

Washington State’s Parking Reform Law Could Unlock ‘Countless’ Acres for New Housing
A law that limits how much parking cities can require for residential amd commercial developments could lead to a construction boom.

Wildlife Rebounds After the Eaton Fire
Following the devastation of the Eaton Fire, the return of wildlife and the regrowth of native plants are offering powerful signs of resilience and renewal.

LA to Replace Inglewood Light Rail Project With Bus Shuttles
LA Metro says the change is in response to community engagement and that the new design will be ready before the 2028 Olympic Games.
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