« Happy System Administrator Appreciation Day! | Main | CNET Suggests Possible Apple/Sun Alliance for StarOffice »

Rebuilding on Ground Zero is Pivotal to NYC Regional Economy

Martin O'Donnell pointed out an op/ed piece that appeared in today's New York Times by Richard Florida, a professor of economic development at Carnegie Mellon University. In the piece, Dr. Florida suggests that reconstruction on Ground Zero will play a key role in the economic evolution of the Metropolitan New York area.

{The Metropolitan New York} economy is fundamentally a creative economy. Growth derives from the endless creation of new firms, new industries and new ways of doing things.... {The} most sensible overall planning approach is to help Lower Manhattan become what it is becoming anyway a multifaceted creative hub rather than to indulge in economic overplanning or try to micromanage the future....

The fear that Lower Manhattan is losing its status as a center of the financial industry, for example, is not new and should not be allowed to drive planning. Well before Sept. 11, financial-sector activity was diffusing away from Wall Street, as when Goldman Sachs & Company decided to move many operations to a new building across the Hudson River. But the Street isn't dead. If it were, firms would be moving to Austin or Taipei, not New Jersey.

This is a very thought-provoking piece and points to different issues than the aesthetics that have caused the bickering over the alternative master plans for redevelopment.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)


CTDATA Venutures (CTDATA) develops Internet and Intranet applications for corporations and non profit organizations. Our services include:

  • Consulting services for Movable Type and TypePad-based publishing systems (visit our Weblog Improvement website for more information),
  • Financial services business process consulting,
  • Content management system and knowledge management system consulting,
  • Apache web server engineering and hosting,
  • MySQL, Sybase, and Microsoft SQL Server architecture and development,
  • SOAP, REST, and XML-RPC system architecture and programming, including Amazon Web Services and
  • Weblog publishing.
For more information, contact Dave Aiello by email at dave [at] daveaiello.com or call him at +1-267-352-4420.
Copyright © 1995-2010, CTDATA Ventures. All Rights Reserved.
Powered by
Movable Type 4.25