"We're growing rapidly, we've got traffic woes and a demand for affordable housing," Harris says. "We realized we had to reexamine our land use decisions."

Harris discussed urban revitalization efforts as a part of a panel focusing on urban revitalization efforts sponsored by the Urban Land Institute based in Washington, DC. The panel, held during ULI's Spring Council recently in Minneapolis, featured a number of mayors and public officials from Rochester, NY, Indianapolis and the Twin Cities.

To alleviate the situation, Harris says seven area governments have formed an alliance with the goal of reducing travel times by 15%, and to fund road improvements. The alliance is considering incentives for companies who offer staggered work hours, and it is considering reserving roadways for those who carpool.

A requirement that all future development contain a mix of commercial, residential and retail uses is also being considered, Mayor Harris noted. Additionally, a mixed-income housing development containing affordable rental units is being built through a public-private partnership effort.

"There was no way we could solve our problems alone," Mayor Harris adds.

Ted Mondale, chairman of the Metropolitan Council serving the Twin Cities, explained his council has served to build consensus among the individual governments within the metro area. The regional governing council operates the area's transit, sewage, parks and redevelopment services through a coordinated, collaborative effort. The council isoperating the area's Smart Growth Twin Cities Project, which considers smart growth as a single policy that ties together decisions on land use, housing, transportation, commercial development and environmental preservation. Taking a unified, regionalapproach to growth choices throughout the area has helped overcome obstacles from individual groups making unrealistic demands, Mondale adds.

Resident Fellow William H. Hudnut III, former mayor of Indianapolis who coordinated the ULI event, says that from the private sector's standpoint, developing projects in inner cities is often more complicated than developing in the suburbs. It typicallyinvolves dealing with more government, more zoning regulations, more land assembly, and possibly cleaning up a hazardous waste site, he explains, all of which takes more time.

However, the changing mindset of the public sector about what is necessary to stimulate private sector investment and provide a better quality of life is the reason cities are coming back, he adds. Inner cities and inner-ring suburbs in general are "better off than people think they are," Hudnut says.

"People want this to (urban revival) work,'' he said. "The resiliency of the human spirit is manifesting itself in cities on the rebound."

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.