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Commercial
/ Economic Renewal
Whether it's called "green economy",
"green economic development", or "sustainable
development" your community's sustainable revitalization
program must
obviously address
the growth of your commercial and other
economically-productive activities.
But to produce
renewal that's both rapid and resilient, this
necessitates more than the usual "economic development"
strategies based on wooing employers with incentives.
Commercial and industrial leaders should be effectively
engaged in
the renewal of all
12 sectors of your restorable assets.
If you already have a strong economic
development agency--or a Chamber of Commerce that
concerns itself with the community's needs as a whole
(rather than just the needs of business)--it could be an
ideal sponsor for your community's
Real
Revitalization Program. Is this organization trusted and effective? Does it
wish to take an even larger, longer-term role in the
community's future? If so, sponsoring the Real
Revitalization Program is also the best way to help it create (or
become) a revitalization forum.
A revitalization forum is a permanent
public-private organization that supports an ongoing
revitalization program. [Note: Readers of
reWealth (McGraw-Hill, 2008) will recognize
this type of organization as what that book technically
referred to as a "renewal engine". It was revealed as
the key factor behind the most dramatic urban
regeneration success stories documented in
reWealth.]
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