economic development: The Latest Architecture and News

Every “Year In Review” assessment of anything is both myopic and timely. That being said, 2022 was a "Boom" time for architects (and the building industry in general). This snapshot will change in 2023 when this year’s manufactured interest rate jumps will crib death this short and intense boom.

But some things have more meaning than can be found in the moment. 2022 proved that the “Mad Men” model in the profession as a white male clubhouse is over. Gender and race inequalities remain in architecture, but they are acknowledged flaws in urgent need of correction. Beyond these evolutions and revolutions, a new generation of architects is changing the profession.

Multi-day stretches of camping in tents and sweltering under the hot summer sun to be 100 rows back at your favorite musical artist’s set? It must be music festival season. As the year comes to a close, with music festivals returning in full swing after a COVID-19 hiatus, it’s important to understand the socio-economic impact that they have on the cities that host them, long after the final set performs. Do the short-term entertainment and monetary benefits outweigh the long-term urban inequities that they might exacerbate?

The topic of cannabis can be rather taboo in some instances, as countries around the world have differing views on the legalization of marijuana products based on their cultural and religious beliefs. In the United States specifically, it’s been a long contended issue that each state has, for now, been left to decide on how they want to handle. Each year, more and more states (now totaling 18 and the District of Columbia out of 50), have legalized the recreational sale and use of a limited amount of cannabis, but it remains illegal on a federal level.

Cannabis tax revenue generated more than two billion dollars across legalized states in the last year alone and is expected to grow to nearly 12 billion dollars by 2030, exceeding tax revenues collected from the sale of alcohol, according to bond strategists at Barclays. For the states that do tax the sale of cannabis products, there have already been significant benefits that have helped further develop cities and smaller towns, making the streets safer, and increased funding for new municipal projects, local businesses, subsidies for low-income renters, improvements to public school systems, water and sewer line upgrades, and other significant infrastructure projects.

The New York Power Authority and the New York State Canal Corporation launched a competition seeking ideas to shape the future of the New York State Canal System, a 524-mile network composed of the Erie Canal, the Oswego Canal, the Cayuga-Seneca Canal, and the Champlain Canal. Selected ideas will be awarded a total of $2.5 million toward their implementation.

Think the best way to promote the economic and creative development of a city is to build stadiums and and shopping malls? Think again. In a recent article in the New York Times, Steve Lohr reveals the findings of a study from the Brookings Institution that looks into where and why specific cities emerge as hubs of creativity and innovation. By studying the patent filings of the United States' 370 metropolitan areas, the study revealed that cities with the most innovation were centers of education and research. San Jose-Sunnyvale-Santa Clara, California; Burlington-South Burlington, Vermont.; Rochester, Minnesota; Corvallis, Oregon; and Boulder, Colorado topped the list as the "output of innovation. Lohr suggests that this data can help promote policies that encourage urban development for economic feedback.

More after the break.