Kyle Kutuchief, Akron Program Directior for the Knight Foundation, welcomes guests and introduces Joe Cartright.
Under auspices of the Knight Foundation, Joe Cartright delivered an analytical presentation and led a Q&A discussion on why the economies of US cities have prospered or languished over time. Speaking in the spacious Corbin Rotunda of the John S Knight Center in downtown Akron, Mr. Cartright shared his considerable knowledge of regional economics and development strategies.
He described several factors that have attracted smart, talented, and educated 25- to 34-year-olds with 4-year college degrees to cities. He illustrated his comments with easy-to-understand slides.
Factors that attract young, talented, educated residents include having neighborhoods that are close-in with mixed residential and businesses sections. These young residents tend to live in neighborhoods that are within 3 miles of the central business district (CBD) of economically vibrant cities. These neighborhoods tend to be walkable, integrated, and have lower levels of economic and racial segregation.
Mr. Cartright’s data showed that economic prosperity thrives where there are enclaves of talented, educated people.
These prosperous areas have also been open to immigrants.
Joe ended his presentation with a Question-and-Answer session in which a panel and audience members were encouraged to ask questions and share their ideas about how cities might be revitalized.
Selected BCAA activities are chronicled in this blog.