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HomeMy WebLinkAbout05-12-2014 Items SubmittedEconomics of Place I Building Communities Around People PCDC 5111204 P9 6 III.C, APA Report Submitted by: Jeff Tate Pagel of 5 v ECONOMICS "'PLACE PLACE MATTERS. r� "Place shapes us. in— Place defines us. Place Place what forms our identities, our altitudes, and our I• relationships. — Home About Dan Urban Opportunity Looks Different Today POAe t on Wy 12. W14 by On raa.m FIND ME ON ,ti 0 93 It This blog post is a response to the Meeting of the Minds & Living Cities group blopoinp event which asks, "How could cities better connect all their residents to economic opportunity?' O: How rouid class bearer cnnracr, all dreir residents to eronomic conormniN? A: Connecting residents to economic opportunity is not a straight line proposition. In years past, the answer may have been as easy u starting a new job training program fa residents or waitresses advantumeus economic development professional with plane tickets and a fist full of corporate giveaways in m effort to loans a large, outrof--town mmufaclurer in the community. Today, however, we faces a different kind of challenge, namely how to make a community economically attractive to businesses in a time when the hmnan experience ofindividruls is paramount to location anal retention effom for business. It is a difficult proposition, one that requires cilia to respond in ways that fly in the face of 20a cannery ideas about competitivenew Le's take Detroit as an example The city has suffered a very public fall from its days as the booming industrial hotbed of the U.S. The city is undergoing the nation's largest municipal bankruptcy and its once -mighty corporate institutions have been zapped by decade ofdownsizing. Established "players"in the economic field like community colleges and NGOs have also seen huge declina in resources that left large voids in traditional offerings. As you may have guessed, all of this led in a fair amount ofchws within the system —dot's the bad part. What's the good part? It is than ell ofthis led to a fair amount of chaos within the system. (See what I did there?) A New Coy Emerges Like all ofthe great fortune cookie philosophers tell us, "Crisis brings opportunity." Wham city government stepped away from marry oftaditioul rules theme were, others who stepped in, often bringing different values to their work and row metrics for defining success. For the first time in this histomically "big business" city, we saw a heavy emphasis in mass like small business startups, the local food movement, and creative placemaking; areas whore the city (and cities like it) often enjoy a decided advantage over greenfield developments because of their diversity and design. As the municipal government continues its trek towards sot vancy in the coming mouths, its challenge will be to create space for the advancements made from the outside by not ova imposing itself on the organic, innovative network that has formulated in the city under the leadership ofewsyday citizens, small business owners and foundations. At the Michigan Municipal League we like to say to local oficials,'Bc the bast ofthc carts- not the life of the oars, Something else that we know about mday's economic competitiveness is that jobs and people are more mobile than ever. So we industries. This mews that in order to compete, cities must mdetstand changing values and preferences of everyone who lives in, works in, or may consider moving to their community. One look at the data illustrates that local officials used to understand things like community engagement, valka rainy, and cultural economic development Additional time comment be spent on historic preservation, Want st"action, and locally produced goods. In overwhehning numbers talented workers look fir them things when considering where to locate, so if a community lacks in these areas, then low taxes, http://www.econoniicsofplace.com/ 5/12/2014 Economics of Place I Building Communities Around People Page 2 of 5 glossy brochures, and fancy job tr fining grants won't matter in the and The League has identified the eight assets of highly competitive communities to bring focus m these critical, yet often undervalued, gUithties to city life. Check them out lam. Slave due: Pushed in Con nia Econom,c Davalopmem, Enheaernrxsh4, Green IrNien se, Managing S Terinology. Mudkuktaahsm. Phrsral Design S Wake". ProsprRy Age— I Tagged pnolmM1e kurlampporWnay Deho . Lang Goes Meeting of the Muds, Gpportunity Detrol I Lea" a Comment Microbrewery Completes First Crowdfunding Campaign Under New Michigan Law Passed an Wy 1. N11e by Can Ci I've written before about Michigan's new crowdfunding legislation and its potential impact on growing local economies in cities. This mibiz.com link provides details of the first successful campaign under the new law. Great news! Stay tuned in the coming weeks as the Michigan Municipal League, Localstake and Fundrise roll out a new portal that will make crowdfunding easy and efficient for Michigan entrepreneurs. Progress! Shan dtis: Posted in Enlreprersurs ntp. Massaging S Technology. Pmsprily Agenda I Tagged screwBVldmgMl Crowdfundog. Furdn¢e. Lo aaleake I Lea" a comment The Prosperity Agenda: Revenue Sharing and the Importance of Investing in Communities Postal w Apia V, MIA by Can Cetwln Most people should already be familiar with the fact that Michigan's cities have battled tremendous financial cutbacks in recent years, due in large part to how the state has diverted $6.2 billion in revenue sharing away from our communities since 2003. But there is a bright side to the situation. Despite this revenue sharing diversion, there are still some very positive things going on in the area of placemaking and creating vibrant places in Michigan. The importance of investing in communities is what we talk about on this month's Prosperity Agenda radio show on News/Talk 760 WJR. My co -host is Marjory Raymer, editor of the Flint Journal and mlive.com/flint and our guests are Samantha Harkins, director of state affairs for the Michigan Municipal League; Ferndale Mayor David Coulter; and Patrice Frey, President and CEO of the National Main Street Center. The show airs 7 p.m. Wednesday, April 23, on NewsFralk 760 WJR, but you can listen anytime at the League's website or by subscribing to the FREE iTunes oodcast. Learn more about the placemaking concept here as well as on this blog. Sher. thus: Podcast: Play in new window I Download (Duration: 37:51 — 86.6MB) Posted in Prosperity Agenda I CanmMs OR Return of the Rust Belt Dreamers Posted on 4rU 31. MIA by Can Cla adw Ambition is the germ from which all growth of nobleness proceeds. — Oscm Wilde http://www.economiesofplace.com/ 5/12/2014 Economics of Place I Building Communities Around People Page 3 of 5 If asked to choose one word to define the passion behind my undying and, at times, manic affection for large Midwestern cities I could answer it with ease. Ambition. I am under no illusion that there are different words that others would select given the popular narrative of cities like Cleveland, Detroit, Flint and Cincinnati. (And yes, even you, Chicago!) Hardened. Post -Industrial. Weathered. I could go on, but I won't. I'll stick with ambition. The people who built these towns did so with a set of very big ideas. What they built they built to last and the impact of what they did can still be felt in 2014. Henry Ford didn't just build factories he built monuments to the industrial capacity of the human race. They were designed by America's leading architects and ranged from the world's largest, the Rouge in Dearborn, to more than 30 village factories that promised to combine the fruits of industry with the positive aspects of rural life. In Detroit the list of architects who conceived of it's vast collection of prominent building reads like a "Who's Who" of design royalty- Kemper, Rowland, Kahn and Burnham to name only a few from the earlier 20• Century. Later on it was Wright, Yamasaki and Mies. The result of this confluence of architectural genius is a collection of buildings "second to none in terms of their overall scale, materials and detailing," according to noted authors Robert Sharoff and William Zbaren. Ow the Rhine in Clnwttli, tame b V hghw concentration of tlatia,ate amhaecwe in the US I ask you, will Silicon Valley's built environment endure beyond its current utilization? Will Phoenix? The sheer size of some of these places is remarkable, too. The Erie Canal, the industrial revolution and the ever-yeaming American thirst for expansion played significant roles in hastening the build-up of the nation's heartland. Many cities saw their populations explode with entrepreneurs, innovators and immigrants who simply wanted a piece of the American Dream and saw this region of the country as their best bet to find it. Germans, Poles, Irish and others brought promise and ethic to cities across the landscape. They brought the paint and these collection of cities provided the palette. Arts & Culture is also a big deal. The irreplaceable collections in places like Chicago, Detroit, Pittsburgh and Toledo are internationally renowned with names like Van Gogh, DaVinci, Picasso, Warhol and Rodin seemingly commonplace throughout the region. Emerging art is evident as well in places like Grand Rapids and Cincinnati. http://www.economicsofplace.com/ 5/12/2014 Economics of Place I Building Communities Around People Page 4 of 5 Philanthropy plays a big role in Midwestern cities as well. Some of the nation's largest foundations, themselves a product of big dreamers, are located here. Kellogg, Lilly, Ford, MacArthur, Kresge and Cargill rank in the Top 20 in the U.S. and have combined assets of nearly $40 billion. Their collective impact on cities is immense. The capacity to think bigger is evident in the field of higher education. Schools like the University of Chicago, Northwestern, Case Western Reserve, the University of Michigan and Carnegie Mellon spend much of their time on short lists of the world's best schools. Penn State, Minnesota, Ohio State and Michigan State rank 1, 3, 6 and 10 in student enrollment among public universities in the U.S. Clearly, the originators of these schools had something big in mind. Yet many people view the current challenges that lie before places like Kalamazoo, Flint and Buffalo as too much to overcome.They see too much blight and too little investment. They read about the poverty and the staggering job losses and don't see a path back to prosperity. Big trees, after all, fall hard. They would be wrong. Those who believe that the great cities of the Midwest are simply relics of a bygone era aren't paying attention to what is happening right beneath their noses and they haven't studies history. The same kind of dreamers who made these places great are reimagining their futures in a unique and thoughtful way that the originators would find pleasing. A renaissance doesn't happen over night and it doesn't happen in a straight line. It IS happening though. And for that we should all be grateful. 'For additional reading on the "doers" check out the stories below Pittsburgh http'//www.00pcitvmedia.com/ Detroit http /twww.modeldmedia.com/ Grand Rapids hftp7//www.rapidgrowthmedia.com/ Cincinnati htti)://www.soai)boxmedia.com/ The whole enchilada hh�'//rustwire.com/ she.. Ni.: Posted ,n Proeperdy Agent I Tagged Art ftt ura. A Wrve. Cities, DeM1oe. Ecenanira or Place. Ford Rage PWM. Cir Rapids, lb a a fin. Mulligan. ModaD, PopCny. RapdGrw RusHoea Rus ,re, Soapocu Urhan,mn I Commenh Off The Prosperity Agenda: Crowdfunding, Local Stock Exchanges Could be Game -Changer for Michigan Pogea on Macl, xa 2014 by wn Comuen Imagine this situation: You walk into your favorite restaurant, in your favorite downtown on a Friday night and the place is packed. There's an hour wait to get a table and your mouth waters in anticipation of what you're seeing and smelling around the eatery. You hear they may want to expand and think, "Man it would be nice to be part-owner of place like this." A new Michigan movement called crowdfunding would give you the opportunity to do just that. This month's Prosperity Agenda radio show on News/Talk 760 WJR examines this crowdfunding concept. My co -host is Claire Nelson, director of Urban Innovation Exchange (UIXDetroit.com), Our guests are Summer Hallwood Minnick, director or policy initiatives and federal affairs for the League; Michigan Rep. http://www.economicsofplace.com/ 5/12/2014 Economics of Place I Building Communities Around People Page 5of5 Nancy Jenkins, R-Clayton, who sponsored the Michigan crowdfunding legislation that is now law; and Joe Borgstrom, Director of the Downtown & Community Services for the Michigan State Housing Development Authority. Borgstrom discusses a major national Main Street convention coming to Detroit in April. The show airs 7 p.m. March 26, 2014, on News/Talk 760 WJR, but you can listen anytime at the League's website or by subscribing to the FREE iTunes oodcast. Learn more about the placemaking conceot here as well as on this blog. Snare die: Podcast: Play in new window I Download (Duration: 37:51 — 86.6MB) Pasted in Prosperey Agenda I Comments OR http://www.economicsofplace.com/ 5/12/2014 The Economics of Place: The Value of Building Communities Around People I Economic... Page 1 of 2 ECONOMICS "PLACE PLACE MATTERS. I� "Place shapes us. Place defines us. Place is what forms our identities, ■ ■ our attitudes, and our relationships.'** Home About Dan The Economics of Place: The Value of Building Communities Around People The Economics of Place: The Value of Building Communities Around Peop a timely and important read as we focus on what it will take to restore Michigan to a prosperous state once again. We continue to lose our college graduates at an alarming rate because we don't the kinds of places where they want to live. Almost half of them leave the at: and two-thirds of those who do leave, choose where to live first and then find job. It's time to say enough and focus on what really matters: creating dynamic, walkable, sustainable communities and FIND ME ON a in © 11 on regions where people want to live. It's time to start talking about the importance of "place" as the economic development strategy that will create a positive, dynamic future for Michigan. You will hear from urbanists, researcher, practitioners and entrepreneurs as they share their stories, research and own unique perspectives on the importance of "place" and its vital role as an economic growth strategy. You will not only read about specific Michigan challenges and its potential, but you will also hear about lessons learned in other places around the country as well. Some of the highlights include: • The importance of our young people and what it will take to keep them here • How the changing demographics are driving a different path to economic viability • What economics of place means in the New economy vs. the Old Economy • To design around people changes the way we look at a community • Citizen engagement is a key component in building sustainable, vibrant communities • How "social entrepreneurs" are driving change in Detroit • Economic gardening is looking at job creation in a different way • Placemaking management requires a different level of governance L A ® N N M3 ® . E ■ The Economics of Place: :tie ✓A.1 13 ' :."vsrn Aped Pw 1. http://www.economicsofplace.com/book/ 5/12/2014 The Economics of Place: The Value of Building Communities Around People I Economic... Page 2 of 2 • How cultivating the cultural assets of a community spurs economic growth • How federal policy has impacted Michigan The book features a foreword by Peter Kageyama, an introduction by Daniel Gilmartin and articles by Dr. Soji Adelaja and Mark Wycoff, Dr. William Anderson, Dan Burden, Carol Coletta, Phil Cooley, Rob Fowler and Mark Clevey, Christopher Leinberger, John Norquist, and Dr. Joe VanderMeulen. Economics of Place is available for purchase on Amazon.com. Media Coverage Congress for the New Urbanism Praises Book — CNU, 11/30/11 Planetzen's Top 10 Books of 2012 — Planetizen, 11/21/11 Foraet Taxes and Regulations Michigan Must Build It so They'll Come — Detroit Free Press, 11/20/11 Economics of Place Subject of WJR Prosperity Agenda — MML, 10/26/11 Shan this: 4 Responses to The Economics of Place: The Value of Building Communities Around People Dan Gilmartin says: December 6. 2011 at 2 56 pm Eric, 'Shame' is a bit harsh, but your point is well taken. We have been working to place the book In downtown bookstores throughout Michigan since its publish date. Hopefully we will have something to announce along those lines shortly. Thanks for reading. onto says: December 3. 2011 et 10-.06 am Ironic (in a bad way) that you direct people to amazon for a book about community. shame on you. Pngback Why does d almgr malt hes 431d rellelolan h0' &OQ �4 ( 11r rrlW._r. I:�Si http://www.economicsofplace.com[book/ 5/12/2014 READING LIST The Economics of Place, The Value of Buildine Community Around People Colleen Layton, Tawny Pruitt and Kim Cekola (Aug 15, 2011) Walkable City: How Downtown Can Save America, One Step at a Time Jeff Speck (Nov 12, 2013) www.economicsofl2lace.com "Sixty million people per year move to cities. Population is more mobile than ever before. PLACE attracts people. Job growth is also driven by place. People can choose to live where they want to. Millennials decide where they want to live first, then decide where they want to work. Interesting, vibrant places matter because they attract smart people with disposable income. Millennials and baby boomers (two largest population spikes) are choosing urban places. Many more than in the past are choosing to rent, not because of economics but rather a lifestyle choice." Dan Gilmartin, Michigan Muni League