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This document discusses strategies for metropolitan economic development. It provides examples of initiatives in Denver, Portland, and St. Louis that have created regional collaboration, increased exports, and developed innovation districts. These "game changers" fundamentally altered the economic profiles and performance of their metros. The document advocates for creating metropolitan networks and setting a vision to drive growth in areas like human capital, manufacturing, and clean economy jobs.
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- 3. jobs needed post-recession 4 million More Jobs Better Jobs poor or near poor in 2000 81 million poor or near poor in 2011 107 million
- 4. HUMAN CAPITAL INNOVATION MANUFACTURING INFRASTRUCTURE STEM ADVANCED ENERGY EXPORTS R&D OPPORTUNITY Pre-Recession Economy Next Economy
- 5. “Something has gone terribly wrong when the biggest threat to our American economy is the American Congress.” ! Senator Joe Manchin III
- 6. A Structural Change to the Federal Budget 61.6%!mandatory spending 6.2%!interest 32.1%!discretionary spending 2015 63.6%!mandatory spending 13.5%!interest 22.8%!discretionary spending 2025A Structural Change to the Federal Budget INFRASTRUCTURE HOUSING EDUCATION R&D DEFENSE
- 8. 75% GDP Top 100 Metros Share of US Totals Source: Brookings Analysis of BEA, Census Data 66% population 12% land area
- 9. 66% 74% Metros Concentrate National Assets Top 100 Metro Share of US Totals 85% 90% 92% 92% Population Bachelor’s Degrees Foreign Born Population Advanced Industry Employment Patents Airline Boardings
- 10. LOS ANGELES LA 30/10 HOUSTON Neighborhood Centers NORTHEAST OHIO Manufacturing Network DETROIT Innovation District NEW YORK Applied Sciences DENVER FasTracks PORTLAND Export Plan ST. LOUIS Innovation District
- 13. DENVER FasTracks
- 14. DENVER BROOMFIELD ADAMS ARAPAHOE DOUGLAS JEFFERSON CLEAR CREEK GILPIN PARK ELBERT DENVER Regional Collaboration DENVER BOTANICAL GARDENS DENVER ART MUSEUM DENVER MUSEUM OF NATURE AND SCIENCE BOULDER
- 17. FASTRACKS DENVER Regional Collaboration sales tax increase .4 percent total projected investment $4.2 billion total transit buildout 122 miles
- 20. Innovation District In no va tion• •• Dis trict• Geographic area where anchor institutions and companies cluster and connect with small firms, start-ups, business incubators and accelerators. Physically compact, transit-accessible, and technically wired, they offer mixed-use housing, office and retail.
- 21. Anchor-driven in midtown/downtown areas Within or near waterfronts or other old industrial areas Innovation District Models Outside of the city core where suburban parks are urbanizing Urbanized Science Park Anchor Plus Re-imagined Urban Area
- 22. St. Louis CORTEX FOREST PARK Base map by Stamen Design, maps.stamen.com CORTEX DISTRICT
- 23. St. Louis CORTEX FOREST PARK Base map by Stamen Design, maps.stamen.com SHRINER’S HOSPITAL WASHINGTON UNIVERSITY MEDICAL SCHOOL CAMPUS BJC HEALTHCARE HOSPITAL CAMPUS ST. LOUIS UNIVERSITY
- 24. St. Louis CORTEX FOREST PARK Base map by Stamen Design, maps.stamen.com ST. LOUIS COLLEGE OF PHARMACY COFACTOR GENOMICS FDA BJC HEALTHCARE WASHINGTON UNIVERSITY GENOME DATA CENTER WASHINGTON UNIVERSITY GENOMICS INSTITUTE SOLAE/DUPONT GOLDFARB SCHOOL OF NURSING
- 25. St. Louis CORTEX FOREST PARK Base map by Stamen Design, maps.stamen.com METROLINK to Downtown St. Louis METROLINK to Washington University FUTURE CORTEX METRO STATION (2016) CORTEX COMMONS
- 26. St. Louis CORTEX TECHSHOP ST. LOUIS FOREST PARK Base map by Stamen Design, maps.stamen.com @4240 CAMBRIDGE INNOVATION CENTER CORTEX I BIOGENERATOR ACCELERATOR LAB CENTER FOR EMERGING TECHNOLOGIES BIOGENERATOR
- 29. PORTLAND Metropolitan Export Plan export intensity 24.4% total export value $3.3 billion total exports in 2010 vs 2003 2x
- 30. PORTLAND Metropolitan Export Plan HOUSING AIR QUALITY CONGESTION
- 34. 1 Metropolitan NetworkGovernment Create Your Network
- 35. 1 Create Your Network ST. LOUIS Innovation District PORTLAND Export Strategy DENVER Regional Collaboration
- 36. Set Your Vision2 Manufacturing Exports Human Capital Clean Economy METROPOLITAN ECONOMIC DASHBOARD
- 37. Set Your Vision2 PORTLAND Export Intensity 13% 24% PortlandUnited States Clean Economy 27,489clean jobs DENVER 3.4 4.2 2013 2025 2035 8th worst traffic congestion 2.8 Population growth (mil) .4% sales tax increase Coordinated leadership Public/Private Partnerships FASTRACKS ST. LOUIS 200acres $500m leveraged capital 10kJobs (projected) F CORTEX
- 38. Find Your Game Changer3 A significant intervention that fundamentally alters your economic profile and/or performance. Game Changer ˈgām ˈchānjər(n)
- 39. Find Your Game Changer3 ST. LOUIS Innovation District ! Realize the potential of the new geography of innovation PORTLAND Export Plan ! ! Meet global demand for sustainable products DENVER Regional Collaboration ! Create light rail infrastructure to better integrate region