Economic and Community Development
Kotkin on Smaller Metro Growth
In an article for Forbes last week, noted author and thinker on urban development, geography and demographics Joel Kotkin explains why he believes Americaís smaller metropolitan regions will grow more over the coming decades than our largest cities. Examples of regions poised for growth are Raleigh/Durham, San Antonio, Salt Lake City and Calgary.
According to Kotkin, the key factors that drive growth are affordable housing, ease of doing business and short commute times. This is food for thought as your chamber sets its regional development priorities. While I donít dismiss anything Kotkin says, I happen to believe that universities, walkable downtowns, and cultural amenities also play a big role in a regionís long term growth and prosperity.