| When parks and real estate mix, there's
| |
| | preserves and parks. In Irvine, powerline
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| often a hard working local resident
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| | rights of way double as bike corridors,
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| behind the plans. Or a couple. In the
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| | and large landscaping allowances on every
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| case of New York City's High Line green
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| | street are irrigated by reclaimed water.
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| space and commercial corridor, two
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| | Redevelopment and renewal are also
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| unlikely promoters (a Chelsea artist and
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| | popular in Irvine, as seen in the city's
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| a Village painter) sat down with
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| | annexation of the decommissioned El Toro
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| developers and city planners to come up
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| | Marin Corps Air Station, which will
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| with something truly innovative: an
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| | become a 1,749 acre park surrounded by
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| abandoned freight railway that quickly
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| | beautiful custom properties.
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| became the city's favorite brand, and a
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| | Developers and residents have also joined
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| model for how to make the most of an old
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| | forces on a wide variety of open-air
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| industrial space. Warehouse to condo
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| | malls and markets across the nation.
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| conversions have long been a trendy
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| | These projects encourage a more
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| ticket for developers and high-end
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| | attractive development style than big
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| buyers, but projects like the High Line
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| | boxes and parking lots, and often become
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| show how the non-wealthy majority can
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| | the most popular place in the city to
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| participate in exciting urban renewal,
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| | shop and do business. Summerlin Center,
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| leaving lots of room for investors to
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| | with its planned 1.2 million square foot
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| make a buck.
| |
| | shopping plaza, near Las Vegas, and Pearl
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| But it's unlikely big projects like these
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| | Street Mall, in Boulder, Colorado are two
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| would get off the ground without the help
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| | of the most well-known outdoor mall
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| of smart developers. Funding to preserve
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| | developments in the nation.
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| and transform the High Line railway had
| |
| | Another positive effect of developers and
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| to come from somewhere, and nobody can
| |
| | local residents working together is the
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| get a construction project done faster
| |
| | economic spin-off potential. Most
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| and better than a developer who sees a
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| | developers buy local construction
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| profit down the road. In Orange County,
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| | materials to save costs, and hire local
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| California, the Irvine Corporation has
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| | workers. When a $100 million development
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| been creating whole cities combining
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| | project hits town, money is quickly
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| parks and real estate since the 1960s.
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| | spread throughout the community, and more
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| The city of Irvine, headquarters to the
| |
| | people have jobs. It's that kind of
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| company, is the most well-known example,
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| | prosperity that encourages people to
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| where residential and commercial areas
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| | preserve their natural surroundings
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| are woven around large ecological
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| | through innovation and urban renewal.
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