Gentrification fuels growth in once-depressed districts, adding to pressure on shelters
SAN FRANCISCO—The technology boom has rapidly gentrified some neighborhoods here, pushing wealthy buyers and renters into once-gritty areas and generating friction over the city’s entrenched homeless population. Now, tension is mounting as the Bay Area prepares to host Super Bowl 50 next month, bringing an estimated one million football fans to parts of the city where the unsheltered often congregate and sleep....More
There is something compelling and exciting about cities that makes many of us love (and some of us dread) them. They are full of bright attractions, intriguing strangers and endless, unimaginable possibilities. Yet despite a great migration towards city living in the modern era, we haven’t quite got cities figured out. Some parts of them are full of delightful surprises, and others are dreadfully boring; or worse, dangerous. One of the most instrumental people in understanding how urban areas work was a woman who spent her life explaining just how complex and vital cities really are....More
The Martin Prosperity Institute here in Toronto recently published a new report that looks at worldwide venture capital investment by city. The report is called Rise of the Global Startup City.
The data is from 2012, because that’s what was available from Thomson Reuters, so keep in mind that there might be some variation in the rankings if we were to look at more recent data. Some of the cities sit fairly close.
Nonetheless, here are a few of the broader takeaways (from the report page):...More