Reinventing the Central City as a Place to Live and Work


Publication Date: March 1997

Publisher: Furman Center for Real Estate

Author(s): Mitchell L. Moss

Research Area: Social conditions

Keywords: Economic development; Housing Policy; Neighborhoods; Affordable Housing

Type: Article

Abstract:

Public policies for urban development have traditionally emphasized investment in physical infrastructure, the development of large-scale commercial facilities, the construction of new housing, and the renewal of existing neighborhoods. Most efforts to revitalize central cities by building new facilities for visitors have focused on suburban commuters and tourists. At the same time, many housing initiatives in central cities have concentrated on low-income communities because outlying suburban areas have attracted traditional middle-income households.