A C i Larry Adams, Jr. AIA, Partner Larry Adams, Jr. AIA, Partner Donald Martin AICP, Director Donald Martin AICP, Director Community Economic Growth Advisors Community Economic Growth Advisors Aligning Public Investment Aligning Public Investment & Economic Strategies & Economic Strategies with with Purpose-Driven Development Purpose-Driven Development
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A C i
Larry Adams, Jr. AIA, PartnerLarry Adams, Jr. AIA, Partner
Donald Martin AICP, Director Donald Martin AICP, Director
Community Economic Growth Advisors Community Economic Growth Advisors
Aligning Public Investment Aligning Public Investment & Economic Strategies & Economic Strategies
with with Purpose-Driven DevelopmentPurpose-Driven Development
Some 120 Million more peopleSome 120 Million more people
are expected to flood intoare expected to flood into urban mega-regionsurban mega-regions
in the coming in the coming two decades.two decades.
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Average is over.Average is over.
We must bring something extra to the table.We must bring something extra to the table.
Need to create valuable Need to create valuable “cool places”…not projects.“cool places”…not projects.
Reducing public debt & generating income is essential.Reducing public debt & generating income is essential.
Commoditization of Real EstateCommoditization of Real Estate
Demographic SeparationDemographic Separation
Planning & Econ Dev DisconnectPlanning & Econ Dev Disconnect
Old EconomyOld Economy
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““OOur economyur economy is in the midst is in the midst of aof a fundamental transitionfundamental transition that wethat we must get in front ofmust get in front of or be left or be left behind.behind.””
New Priorities for New Priorities for Economic DevelopmentEconomic Development
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HIGH LEVELHIGH LEVELASSESSMENTASSESSMENT
FINANCIAL FINANCIAL MODEL MODEL
BUILDBUILD
TODAYTODAY
GO-NO GOGO-NO GO
BUILDBUILD
Step 1 Step 2
Public-led Investment Based Planning Public-led Investment Based Planning A purpose driven…cultivate & grow strategy for public sectorA purpose driven…cultivate & grow strategy for public sector
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HIGH LEVELHIGH LEVELASSESSMENTASSESSMENT
FINANCIAL FINANCIAL MODEL MODEL
TODAYTODAY
GO-NO GOGO-NO GO GO-NO GOGO-NO GO
BUILDBUILD
Step 1 Step 2 Step 3 Step 4 Step 5
Public-led Investment Based Planning Public-led Investment Based Planning A purpose driven…cultivate & grow strategy for public sectorA purpose driven…cultivate & grow strategy for public sector
New Growth & ConnectivityNew Growth & Connectivitybetweenbetween
Cities & AirportsCities & Airports
“The cities that thrive in the 21st century will be those that put airports at their centre”…
US academic John Kasarda.
Denver, Miami, Orlando in New Airport Multi-modal
Transit Development
Incheon International Airport, South KoreaIncheon International Airport, South Korea New Songdo Aerotropolis, South KoreaNew Songdo Aerotropolis, South Korea
ACi ACi
Investment Based Planning ResultsInvestment Based Planning Results
Cities In-fill Development $ 115M (2012-2013)Cities In-fill Development $ 115M (2012-2013)
Regional Transit Systems $ 200M (2011-2013) Regional Transit Systems $ 200M (2011-2013)
Health & Education Health & Education $ 120M (2011-2013) $ 120M (2011-2013)
All involve some degree of P3 cooperation All involve some degree of P3 cooperation
A C A C ii
A C A C ii
Public-led Investment Based PlanningPublic-led Investment Based Planning……the whole is greater than sum of the parts…the whole is greater than sum of the parts…