It comes as welcome news that the United States Department of Transportation Inspector General is concerned about the integrity of high-speed rail projections, “including ridership, costs, revenues and associated public benefits.” The issue has become ripe as a result of the $8 billion for high speed rail that the Obama Administration slipped into the economic stimulus bill early in 2009. read more »
By Richard Reep
Investment in commercial development may be in long hibernation, but eventually the pause will create a pent-up demand. When investment returns, intelligent growth must be informed by practical, organic, time-tested models that work. Here’s one candidate for examination proposed as an alternative to the current model being toyed with by planners and developers nationwide. read more »
On May 12, 2008, Chinese architect Stepp Lin was focusing intensely on his professional licensing exam in a testing center in central Chengdu when suddenly he felt someone bumping his desk. By the time he looked up to see what it was, most of the other exam takers were frantically fleeing for the exit. It turns out that what he was feeling were the tremors of what was to be the most devastating earthquake to hit China in recent memory. read more »
While traffic congestion plagues many cities, Los Angeles stands apart. The Texas Transportation Institute tracks congestion statistics for U.S. metropolitan areas on an annual basis, and Los Angeles routinely ranks first for both total and per-capita congestion delays. Considering the value of wasted time and fuel, TTI estimates the annual cost of traffic congestion in greater Los Angeles at close to $10 billion. read more »
By Richard Reep
2009 was ugly. A swirl of dispiriting events stalled over much of the world this year, and Florida was no exception: state depopulation and tourism decline hit the state’s only two legitimate growth industries.
Yet the bad times contain within them some good news. This end of an era meant that economic planners might finally turn to productive industries to generate jobs and revenue, just like the rest of the nation. read more »
The Administration’s Anti-Suburban Agenda: Nearly since inauguration, the Administration has embarked upon a campaign against suburban development, seeking to force most future urban development into far more dense areas. The President set the stage early, telling a Florida town hall meeting that the days of building “sprawl” (pejorative for “suburbanization”) forever were over. read more »
The once unstoppable green machine lost its mojo at the Climate Change Conference in Copenhagen. After all its laboring and cajoling, the movement at the end resembled not a powerful juggernaut but a forlorn lover wondering why his date never showed up.
One problem is that the people of earth and their representatives don't much fancy the notion of a centrally dictated, slow-growth world. They proved unwilling to abandon either national interest or material aspirations for promises of a greener world. read more »
Recently I had the chance to visit Taxi 2000. This Personal Rapid Transit (PRT) company is based just minutes from my office in Minneapolis. I’m no expert on rail systems, but I’ve always believed that an elevated system that can run freely over existing right-of-ways makes more sense than an antiquated system based on nearly 200 hundred year old technology. read more »
If Brookings' plan for Detroit isn't enough to get the job done, what is?
Turning around Detroit means facing head on the core problems that hobble the region, notably:
• America's worst big city race relations
• A population that is too big for current economic reality
• A management and labor culture rooted in an era that no longer exists and is unsuited to the modern economy
• A tax, regulatory, and political system toxic to business read more »
The Brookings Institution recently unveiled “The Detroit Project”, a plan to revive Detroit, in the New Republic. Brookings' plan has good elements and recognizes some important realities, but also has key gaps. It relies excessively on industrial policy and conventional approaches that are unlikely to drive a real turnaround in America's most troubled big city. read more »