Departmental Papers (City and Regional Planning)
Title
Building in Good Jobs: Linking Workforce Development with Real Estate-Led Economic Development
Document Type
Technical Report
Date of this Version
December 2006
Abstract
Municipal governments in the U.S. are increasingly devoting public resources to the redevelopment of abandoned, contaminated or underutilized land. Private sector appetite for new development opportunities and public sector creativity have combined to create "building booms" in a number of central cities that only a few decades ago were in seemingly irreversible decline. In the midst of this government-supported revitalization, however, both working poverty and chronic unemployment in central cities remain disturbingly high. Without explicit efforts to link property redevelopment with efforts to put un- or underemployed people to work at family-supporting wages, the negative impacts of growth (displacement, housing cost appreciation) often affect the historically disadvantaged far more profoundly than its positive impacts do.
Date Posted: 28 April 2008
Comments
Reprinted with Permission of Pratt Institute, Pratt Center for Community Development, November 2006, 47 pages.
Publisher URL: http://www.prattcenter.net/