Showing posts with label redevelopment. Show all posts
Showing posts with label redevelopment. Show all posts

Monday, November 26, 2007

Our Sense of Well-being and Economic Development

Over the long weekend it was apropos to read in the Sacramento Bee results of a survey that studied the public's sense of well-being. One's own sense of well-being and personal happiness does not always uptick even with large growth in personal income, and in fact a sense of well-being is not always tied to factual reality at all.

So there are things that matter more than money. And that gives public policymakers an opportunity to guide economic and other community development in a direction that would make people happier, more productive, and fold over into increasing our prosperity both economic and emotional.

The article cites a few of the questions asked of residents in 26 US cities the results of which could guide economic development and community planning in a more significant way to improve our lives on a wide spectrum of factors. Questions such as: Do you feel safe? Do you have confidence in your city's leadership? Is your city tolerant of people who are different? Would you tell a friend to move here?

Not just money, salary and taxes have an impact, but a community where people are emotionally engaged and attached to their homes, neighborhood, leadership, and future vision can help lower and keep talented workers, increase local investment, and rally support when difficult decisions face a community.

The article gives an interesting example of how to adjust our public policy based on the results of such a survey. For example, if people hate commuting and give a high priority to socializing with coworkers, as was found, then promoting carpooling creates a policy that can satisfy both needs thereby increasing people satisfaction and commitment.

Article: Thursday, November 22, 2007 page A15, by Frank Greve,fgreve@mcclatchydc.com.

Tuesday, October 30, 2007

Local county buying foreclosed property

Check out Governing Magazine's October 2007 issue on page 11 discussing how Genesee County, Michigan has created a self-sustaining property tax fund of more than $8 million to allow the county to seize delinquent real estate property, pay back taxes, and repackage property for redevelopment or for re-sale.

The county created the Genesee County Land Bank which determines how to use property in the best interest of the community. The county land bank floated a $5,000,000 brownfield bond, a tax increment financing-based package. Working with community groups the Land Bank to demolish to abandon structures and developed single-family homes and affordable housing. It offered empty lots two adjacent property owners and rehab to single-family homes. In the interim the Land Bank mows lots and clears debris from properties it owns.

More information can be found at:http://www.governing.com/archive/2006/feb/finbrfs.txt

and for information about plans in Genesee County contact: Dan Kildee at 810-257-3024 or dkildee@sbcglobal.net.

Monday, October 15, 2007

Innovations in Community Development - Visuals

Last week I was on a very interesting webinar about the use of technologies in Economic Development across the state. Especially intriguing was information about the use of visual modeling and 3D images for the proposals of new development in communities. Imaging how the pitch for a new arena would go if people could "walk" through models of the layout of the arena, parking, nearby housing and entertainment, even a "ride" on the trolley! Proponents say that using this modeling turned around a doomed project in their community... Listen at http://icma.org/main/ns_search.asp?nsid=3387.

Also, spend some time looking around the ICMA.org website, it has lots of innovative suggestions for communities, the latest is a look at how to get young workers interested in government/community development.

Saturday, October 6, 2007

Real Estate Economics

I thought this was a very interesting article on the economics in real estate. The economist Edward L. Glaeser has some out-of-the-box, against the mainstream way of thinking about how cities, ecomomies of urban areas and emotions create great (and blighted) enviroments. It made me think of somone wrestling with creative thinking. Check it out at the New York Times.

Wednesday, October 3, 2007

Sacramento Economic Development Strategy

The City of Sacramento's Economic Development strategy plans for the next few years can be found at:

http://www.cityofsacramento.org/econdev/msc/EconDevStrategy.html

Be sure to look at the information gathered from community focus groups like small business owners as well as neighborhood and quality of life advocates.

Economic Development Strategy in Lebanon

Here's a short but interesting story on ED projects in Lebanon:

http://www.icma.org/main/ns.asp?nsid=3414&LGM=1&t=0

Tuesday, October 2, 2007

City Council Meeting on Redevelopment/Economic Development

I thought this coming week's council agenda looked particularly interesting. http://sacramento.granicus.com/AgendaViewer.php?view_id=6&event_id=2

The city is dedicating a lot of resources to stabilizing and improving our economic agenda to address quality of life issues and a strive for a super educated workforce -- beause that's what makes an economy sustain.

Check out where the new hot spots of redevelopmnet reside, and support or improve these ideas and projects as you are able.