How do you know if your neighborhood is ready for investment? Investment Ready Places was just launch by friends Atul Sharma, Joseph Nickol, Kevin Lavelle and James Michael of Street Sense. The premise is:
The small towns and cities of America are once again becoming the new frontier for development.
The thoughts and ideas that are included in this tool are on target with the type of triage thinking that we need in so many of our country’s smaller towns and cities. There are six key characteristics of Investment Ready Places that are essential for attracting investment that will contribute to the creation of authentic, pedestrain scaled places.
- Nourishment for residents
- Stable supply of water
- Manageable infrastructure
- Connected places
- Creative knowledge
- Heritage and living culture
I would encourage everyone to hand out the checklist at the back of the report to their city council, community leaders and neighbors. There is a good dose of reality in this little booklet that is timely. This is a new paradigm tool for an increasingly more competitive landscape of places that get it and those that are going to be left behind economically, culturally and, unfortunately, environmentally. It was so great to hear from Atul and Joe as they were developing the core ideas that are now so nicely conveyed in this booklet. Please pass it along and use it wisely.
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Chuck Marohn gave a great lecture last night at MIT, I’ll have blog coverage of it here soon, and thanks Chuck for the much more solid review of IRP on the Strongtowns.org blog.