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Economic Revitalization is unique in that it discusses leading revitalization strategies in the context of both city and suburban settings, offering case studies of program development and implementation. In Economic Revitalization: Cases and Strategies for City and Suburb Fitzgerald and Leigh answer the need for a text that incorporates social justice and sustainability into how we think about and practice economic development. It is one of the first to talk about how revitalization strategies are implemented in both cities and suburbs, particularly inner-ring suburbs that are experiencing decline previously associated only with inner-city neighborhoods. After setting the context with a brief history of economic development practice and its shortcomings, Fitzgerald and Leigh focus on six economic development strategies: sectoral strategies, Brownfield redevelopment, industrial retention, commercial revitalization, industrial and office property reuse, and workforce development. Each of these chapters begins with an overview of the strategy and then presents cases of how it is being implemented. The cases draw from Atlanta, Chicago and its suburbs, Emeryville, Kalamazoo, Louisville, New Haven, Portland, Sandy Springs, and Seattle (and suburban King County). They illustrate the tradeoffs often made in achieving one goal at the expense of another. Although they admit that some of the cases come up short in illustrating a more equitable and sustainable economic development practice, Fitzgerald and Leigh conclude with an optimistic view that the field is changing. The book is aimed at students and practitioners of economic development planning who seek to foster stronger economies and greater opportunity in inner cites and older suburbs. It is also meant to assist planners in thriving new towns and suburban communities seeking to avoid future economic decline as their communities mature. Economic Revitalization: Discusses practice in both suburban and inner-city settings Integrates the planning values of social justice and sustainability into the discussion of implementation strategies Includes cases that reveal the political nature of the planning process and the types of tradeoffs that often must be made Provides insights for planners seeking to adopt "best practice" programs from other localities
"This PAS Report offers a comprehensive catalog of strategies grounded in a market-based perspective to inform corridor redevelopment interventions. It presents an eight-step corridor redevelopment cycle to help planners evaluate corridors, collect data for analysis, engage stakeholders and partners, identify catalysts, update regulations, leverage public investment and other financial resources, evaluate outcomes, and plan for the long term. It will help planners rethink and improve the performance of corridors and corridor redevelopment practice." -- Publisher.
In recent years, the Indiana Department of Transportation (DOT) and other state transportation agencies have increasingly implemented non-capacity expansion projects or strategies due to their benefits in improving flow, safety, and reducing delay in the transportation network at low capital, operations, and maintenance cost. The quantification of the benefits of these strategies has also become very important due to increasingly challenging local and regional fiscal conditions. With this in mind, this project developed a framework and a tool for the evaluation of economic development impacts of corridor improvements at the sketch-level of planning. The resulting framework and tool, called "Tool for Operations - Economic Impact Analysis" (TOPS-EIA), is based on a framework and tool from the Federal Highway Administration (FHWA) called Tool for Operations Benefit Cost Analysis (TOPS-BC). TOPS-EIA takes the expected impacts of each strategy on corridor performance and translates them into business cost savings and economic development impacts through a set of statewide economic multipliers. TOPS-EIA is subdivided into 4 modules: arterial signal coordination (ASC) strategies, traffic incident management (TIM) strategies, work zone management (WZM) strategies, and access management (AM) strategies. Additionally, a qualitative tool for road diet (RD) strategies was developed. To demonstrate TOPS-EIA, two case studies of ASC strategies were conducted. The results showed that this type of strategies could provide not only significant user cost savings, but also economic development impacts, expressed as gross regional product, job-years, and real personal income. The proposed methodology and tool can assist DOTs, Metropolitan and Rural Planning Organizations (MPOs and RPOs) in assessing the benefits of non-capacity expansion projects at the early and middle stage planning processes and, therefore, contribute to better-informed decisions.