Tuesday, April 27, 2010

Redevelopment Revolution: Market-based Solutions

Whatever happened to "place"?

OHM is committed to Advancing Communities. So, when we met "The Placemakers" at Bird Houk Collaborative, it felt to us like a marriage made in heaven. And it is, in a sense - we just announced our merger in March.

One of Bird Houk's defining characteristics is their commitment to collaboration and market-based solutions. That's kind of rare. Economics isn't always first on an architect or planner's list of considerations.

Redevelopment of our cities, especially in the first and second ring suburbs is an important issue. One that we think will only increase in importance, as these communties age, infrastructure crumbles and residents demand a different lifestyle.

In an issue of Bird Houk's Place Maker, published back in 2005, president Jim Houk, one of the leading experts on mixed-use development in the US, advocates a comprehensive approach to redevelopment.

Read the entire Place Maker article here.

Here's a great takeaway - Bird Houk founders share the process for making place making work in redevelopment work.

-Understand the marketplace
-Define the problem
-Explore creative solutions that are market-based
-Build consensus
-Develop an implementation strategy based on a strong understanding of the redevelopment community
-Define an incubator project

The guiding principle? Solutions must be strongly market-based for redevelopment to be successful.

0 comments: