How can social compact's neighborhood drilldown data spur more retail development in Miami's difficult to develop neighborhoods?

Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning; and, (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, Center for Real Estate, 2009.

Bibliographic Details
Main Author: Power, Dickson Benjamin
Other Authors: Karl Seidman.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2010
Subjects:
Online Access:http://hdl.handle.net/1721.1/58662
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author Power, Dickson Benjamin
author2 Karl Seidman.
author_facet Karl Seidman.
Power, Dickson Benjamin
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description Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning; and, (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, Center for Real Estate, 2009.
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spelling mit-1721.1/586622022-01-14T20:48:48Z How can social compact's neighborhood drilldown data spur more retail development in Miami's difficult to develop neighborhoods? Power, Dickson Benjamin Karl Seidman. Massachusetts Institute of Technology. Center for Real Estate. Massachusetts Institute of Technology. Center for Real Estate Massachusetts Institute of Technology. Department of Urban Studies and Planning Urban Studies and Planning. Center for Real Estate. Thesis (M.C.P.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning; and, (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, Center for Real Estate, 2009. This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections. Cataloged from student submitted PDF version of thesis. Includes bibliographical references (p. 122-126). The inner-city neighborhoods of America continue to struggle with the economic blight they have faced ever since American urban growth began to abandon the urban city core fifty years ago. One of the most salient characteristics of the American inner-city is how it is constantly overlooked by private investment. This has many negative effects on the economic livelihood of these neighborhoods, including leaving these areas of the city void of much of the retail its residents need for their own purchases and for local economic activity. Recent theories have focused on the idea that one of the reasons there is a lack of investment is because of an information gap that exists in the inner-city, through which inner-city economic and demographic conditions are not accurately represented in the market data used for retail development market analysis. This thesis researches how improved retail market analysis data can help spur more inner-city retail development, with a specific focus on how Social Compact!s 2009 Neighborhood Market DrillDown report for the City of Miami can support increased inner-city retail development in the city. The research looked at the history of inner-cities, the retail development process, and the use of DrillDown reports in Cleveland, Ohio and Houston, Texas, and then studied Miami!s economic development context and its developing strategy for the dissemination of the DrillDown report. It is concluded that the Neighborhood Market DrillDown reports have the potential to be an important enabler of increased inner-city retail development. (cont.) However, this success is completely contingent on the data!s passage through the Retail Market Information Flow framework that this thesis stipulates that actionable market data flows through in a city!s development process. The essence of the flow framework is that it is a series of networking and collaboration steps that determine how effectively a city!s public, private, and non-profit actors work together to support the use and acceptance of improved data and apply it effectively to retail development deals. by Dickson Benjamin Power. S.M.in Real Estate Development M.C.P. 2010-09-22T16:05:16Z 2010-09-22T16:05:16Z 2009 2009 Thesis http://hdl.handle.net/1721.1/58662 613216517 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 126 p. application/pdf Massachusetts Institute of Technology
spellingShingle Urban Studies and Planning.
Center for Real Estate.
Power, Dickson Benjamin
How can social compact's neighborhood drilldown data spur more retail development in Miami's difficult to develop neighborhoods?
title How can social compact's neighborhood drilldown data spur more retail development in Miami's difficult to develop neighborhoods?
title_full How can social compact's neighborhood drilldown data spur more retail development in Miami's difficult to develop neighborhoods?
title_fullStr How can social compact's neighborhood drilldown data spur more retail development in Miami's difficult to develop neighborhoods?
title_full_unstemmed How can social compact's neighborhood drilldown data spur more retail development in Miami's difficult to develop neighborhoods?
title_short How can social compact's neighborhood drilldown data spur more retail development in Miami's difficult to develop neighborhoods?
title_sort how can social compact s neighborhood drilldown data spur more retail development in miami s difficult to develop neighborhoods
topic Urban Studies and Planning.
Center for Real Estate.
url http://hdl.handle.net/1721.1/58662
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