Posts Tagged: Chicago

New housing floorspace will be the area of the Netherlands by 2025

Rapid urban growth and new business opportunities: Kuala Lumpur

The next generation is going to witness a staggering amount of new urban development as the world’s economic centre of gravity shifts towards Asia. Cities in both developed and rapidly urbanising countries need professional planning if they are to prosper. Companies serving consumer markets should grasp the significance of the growing urban middle class and its diversity. Urban analysis is increasingly necessary for business success. These are the main messages from a dramatic new report from the McKinsey Global Institute (MGI). Read more on New housing floorspace will be the area of the Netherlands by 2025…

City Visions 1910-2010

The preparation of City Visions is celebrated in an exhibition currently on display in the Lighthouse, Glasgow, after previously being in Berlin and London. It focuses on four cities: Berlin, Chicago, London and Paris. It celebrates the centenary of the ‘General Town Planning Exhibition in Berlin’ in 1910, but also looks at the same 4 cities in 2010. What can we learn for today from this exhibition? Read more on City Visions 1910-2010…

Does Tax Increment Financing deliver economic development?

Tax Increment Financing (TIF) is a controversial tool for economic development. New and so far unpublished research on its use in Chicago questions the benefits that TIFs generate. These findings strengthen the reservations about TIF that my co-authors and I expressed in our new book on Regional and Local Economic Development. In England the TIF idea has been promoted by the British Property Federation and the Core Cities Group, and has received government backing. Meanwhile the Scottish Government has indicated that it will support six pilot TIF projects. So why are there so many criticisms of TIFs in the USA? Read more on Does Tax Increment Financing deliver economic development?…