A recent report from Richard Florida in the Atlantic Cities highlights the success of cities that have dense urban cores. As Cincinnati’s downtown core shows signs of progress with The Banks, Washington Park, and other projects, the city seems poised to be on the path of economic success. More from Atlantic Cities:
Economic growth and development, according to several key measures, is higher in metros that are not just dense, but where density is more concentrated. This is true for productivity, measured as economic output per person, as well as both income and wages.
Talent levels are also higher where density is more concentrated. This holds for both the share of college grads and the share of knowledge, professional, and creative workers. Conversely, working class jobs are more likely to be found in metros that are less densely concentrated.