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Urban Systems: Economy: Part Two

11/10/2011

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The Detroit Shoreway (just west of Downtown Cleveland) was the area of study for our analysis of Economics this week. As part of NPI Strategic Investment Initiative (SII), the Detroit Shoreway has received much attention from the CUDC, CityArchitecture, the Northeast Ohio Urban Design Center, and the CCD. Our initial analysis looked at the SII and their design development process. We noted the emphasis placed on the establishments of districts, housing and character of the town.
We read the book "The Rise of the Creative Class." This book discusses a new type of social class called "the creative class" that is composed of approx. 30% of people; the people who rely on their creativity and ideas to work (architects, engineers, artists, etc.) We compared the creative class with the SII (shown above). Our mapping involved multiple systems (soil, hydrology, real estate, local restaurants, districts, and the list goes on....). 
Focusing on real estate and investment, we derived a thesis statement from some of this initial mapping and from our site visit. The development of hougses for sale will increase the stability of the neighborhood, increase the value of the land, attract the creative class, and create an environment with character. Compare this statement with the implementation of rental units. 

After mapping the real estate areas and establishing real estate zones, we conducted further mapping trying to determine relationships between some of the districts and zoning with these real estate zones. Is there any comparison.
We made some conclusions:

Battery Park creates a new owner occupied area, yet is isolated from the existing fabric.

Investments made to Gordon Arts district make it a destination for visitors to support the artistic endeavors of residents.

While it is true that the neighborhood provides housing options for a wide range of economic levels, these levels are divided into strict districts creating inequalities in the quality of life.

Industrial rehabilitation plays a minor role in the SII plan for the district, yet may play a key role in creating a thriving, healthy neighborhood with a strong creative culture. 
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