There was a time when the term “economic development,” as used by most public officials and business leaders, referred to the practice of luring firms and jobs to a jurisdiction by selling companies on the benefits of that community — such as favorable tax rates — and providing monetary incentives to locate there. Now, communities increasingly are realizing that the quality of the places within the community are playing a larger role in today’s economic decisions.
The United States Census Bureau’s highly anticipated release of the 2010 data has those with an interest in the housing industry pouring over the data, analyzing demographics, reviewing numbers and scrutinizing the numbers for trends.
The Richmond Association of REALTORS® (RAR) is no exception. The RAR is working with its regional and state partners, as well as some housing nonprofits, to collaborate on any analyses and studies that can help line up housing with needs, said Richmond Association of REALTORS® Chief Executive Officer Laura Lafayette.
“Live, work and play” is the mantra of the smart growth movement. Ft. Lauderdale, with its refreshing Atlantic waters and reputation as a beach and resort area, has no problems living up to the “play” billing.
Completing the trinity, though, is vital for the southeast Florida county. The REALTOR® Association of Greater Ft. Lauderdale (RAGFL) has been using National Association of REALTORS® Smart Growth Action grants to help spread the smart growth word and help sunny South Florida better plan for future growth.
By Gary Fineout
In the months following the 2010 elections, three Republican governors scrapped plans for high speed rail lines in their states.
Ohio and Wisconsin rejected their shares of high speed rail funding first, followed by Florida, where the decision by Gov. Rick Scott to reject $2.4 billion for a line linking Tampa to Orlando sparked an outcry from business leaders and politicians from both parties.
Is it a trend for the future?
Homes with ornate entry foyers, formal living and dining rooms and large, outdoor kitchen spaces may be a common sight on home and garden television shows.
In reality, though, they are quickly becoming a thing of the past, and it’s a trend that could impact the direction of smart growth in the future.
By Judy Newman
Are businesses shifting from the suburbs to downtowns?
Prestigious addresses at lower prices may be luring companies back to big-city downtown digs for now. But in the long run, price will not be the only factor determining where businesses locate. An easier commute, environmentally-sensitive buildings, and good-quality housing and neighborhood amenities may also play an important role in office market decisions in many cities, experts say.