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100 _aMalizia, Emil
_932050
245 _aEconomic Growth and Development Outcomes Related to Vibrancy: An Empirical Analysis of Major Employment Centers in Large U.S. Cities
260 _bSage,
_c2019.
300 _aVol.33, Issue 4,2019;(255-266 p.)
520 _aEconomic developers are well aware of the live-work-play dynamic affecting downtowns and many other major employment centers across the country. This study of 90 employment centers, including 48 central business districts, offers a rigorous analysis of this dynamic. The authors first present a definition of vibrancy and show its connections to the fields of urban economics, economic geography, and urban design. Second, the authors offer face-valid measures of vibrancy that practitioners can replicate in their jurisdictions. Most important, the authors show that vibrancy is an important factor influencing economic development. The vibrancy index measured with 2010 data is positively associated with subsequent employment growth, property inventory expansion (tax base), and income growth. Economic developers should consider becoming more involved in downtown redevelopment by finding effective ways to serve economic-base companies and emerging entrepreneurial firms. As a result, major employment centers could become more productive and innovative places
650 _avibrancy index,
_932051
650 _a economic development outcomes,
_932052
650 _a downtown redevelopment
_932053
700 _a Chen, Yan
_932054
773 0 _010589
_915392
_dSage Publisher
_tEconomic development quarterly
856 _uhttps://doi.org/10.1177/0891242419872803
942 _2ddc
_cART