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Fixing Broken Cities - New Investment Policies for a Changed World (Paperback, 2nd edition)
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Fixing Broken Cities - New Investment Policies for a Changed World (Paperback, 2nd edition)
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Fixing Broken Cities explores the planning, execution, and impact
of urban repopulation and investment strategies that were launched
in the wake of two crises: late twentieth-century economic
disinvestment and the outbreak of the COVID-19 pandemic. Because
past practices could no longer serve as a reliable guide to future
outcomes in this uncertain environment, any new initiatives had to
involve a significant level of risk-taking. Based on the author's
experience as a policymaker and practitioner, this book provides
detailed insights into the origins and outcomes of these high-risk
strategies, along with an explanation of why they succeeded or
failed. This new edition examines policy initiatives from a fresh
perspective, based on an awareness that (1) real estate ventures
are best evaluated over the long term, rather than shortly after
the completion of construction activity; (2) policies that had
guided the allocation of public-sector resources during past
decades of urban disinvestment need to be reconsidered in light of
the economic resurgence that many American cities are now
experiencing; and (3) the places described in this book are
representative of other municipalities, of all kinds, where the
pandemic has led to a fundamental rethinking of the relationship
between home and workplace. A key theme of the book is equitable
development, the question of who should benefit from the allocation
of scarce public capital, and what investment policies are most
likely to support this principle over the long term. The author
provides realistic guidance about pursuing the best opportunities
for improvement in highly disadvantaged, resource-starved urban
areas, with reference to several key issues that are pressing
concerns for members of urban communities: enlivening downtown and
neighborhood commercial areas, stabilizing and strengthening
residential communities, eliminating industrial-age blight, and
providing quality public education options. This new edition will
be of great use to planning, housing and community development
professionals, both regionally and nationally, as well as to
students on Urban Politics and Planning courses.
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