2. Agenda
• Master Plan
• Forces shaping
innovation
– Where are the
workers?
– “Demographics
are destiny”
– Rising cost of
energy
– Changing face of
innovation
• Case study:
Kendall Square Kendall Square, 1964
3. Diversify New Orleans’ economy
• Support the new economic
development partnership’s ability
to retain, nurture, and attract jobs
and investment
• Focus on maintaining base
industries (port, tourism)
• …fostering emerging industries
(film, digital media, life science)
• …and growing new industries
(green, entrepreneurial)
• Increase support for culturally-
based industries
4. Support economic engines
• Nurture New Orleans strong
tradition of small businesses,
neighborhood-based
entrepreneurship, and creative
skills
• Sustain the downtown’s transition
into a lively 24/7 civic heart that
helps the entire region attract,
retain, and grow jobs and
investment
• Provide city leadership for the
medical district and other emerging
development corridors
5. Insure that everyone participates… and
contributes… to growth
• A skilled and educated
workforce is essential to
growth
• …everyone needs to share
the benefits to make the
tough decisions that
unlock growth
• Equity is about…
• Jobs
• Small businesses
• Neighborhoods
• Rebuilding
• The environment
8. WHERE ARE THE WORKERS?
Transition to a talent-based economy
% of total US JOBS 2000-2020 (millions)
60%
40%
% of jobs requiring
a college degree
% workforce with a 20 %
college degree
2000 2010 2020
10. Walk to win…scarce knowledge workers
pursue lifestyles, not jobs
Residential Architecture Reinvention in the age of walk score David Dixon FAIA, Goody Clancy October 18 ,2012
11. Preferred lifestyles are
increasingly urban
Residential Architecture Reinvention in the age of walk score David Dixon FAIA, Goody Clancy October 18 ,2012
12. …and they are voting
with their feet
Residential Architecture Reinvention in the age of walk score David Dixon FAIA, Goody Clancy October 18 ,2012
13. “DEMOGRAPHICS ARE DESTINY”
US population growth 1960-2030
$25M
20M
Age >64
Net SELLERS of
15M single family houses
10M
5M Age 25-64
Net BUYERS of single
family houses
1960 70 80 90 2000 10 20 30
14. Who is the housing market
to 2030?
• Married couple with children–less
than 25% of households.
• Traditional (one-worker) family–less
than 20% of households.
• Singles and couples make up
62%+ of households.
• Non-family households outnumber
traditional families in the suburbs.
16. What will the housing market
look like to 2030?
2008 52% 2008-2030
Existing housing Multifamily Housing demand
supply
42%
Single family
27%
Multifamily
18%
Single family
17. How does it look today…?
• Diverse housing stock
• Arterial corridors
• New Downtowns
18. THE RISING COST OF ENERGY
Competing in a global market
4% 19%
19. The cost of auto-dependency
is becoming unsustainable
Total US household expenditures on food and gas 2003-2012
$80B
+375%
70B
60B +100%
50B
Spent on food
40B
30B
20B
Spent on gas
10B
2003 2012
Residential Architecture Reinvention in the age of walk score David Dixon FAIA, Goody Clancy October 18 ,2012
20. Auto-dependence is becoming
too expensive
Residential Architecture Reinvention in the age of walk score David Dixon FAIA, Goody Clancy October 18 ,2012
22. CHANGING FACE OF Research Triangle (NC)
projections:
INNOVATION
• Life sciences likely to represent half or
less of new tenants over the next
decade
• IT, materials technology, environmental
sciences likely to represent roughly one-
third
• Scientific associations, finance, services
likely to represent the balance
• Small companies and start-ups matter
more
23. Innovation centers need more
diverse, flexible buildings
Smaller floors for start- Larger floors for Mix of floors maximizes
ups, legal, finance, etc. collaborative research flexibility
24. Proximity matters…mature companies seek
40-80k SF floorplates…and proximity to
other innovators
Alexandria REIT
development at Kendall
Square links buildings to
create large floorplates
30. Kendall Square vision: shaped
around people
• An enhanced commitment to
community, livability, and
sustainability will define Kendall
Square’s next chapter
• A newly dynamic public realm will
connect diverse choices for living,
working, learning and playing
• A spirit of partnership with MIT, the
city and the surrounding
neighborhoods will nurture an ever
of shared benefit
31. Better physical and social
connections
• Parks/public spaces
(maintenance and
programming)
• Workforce-readiness
programs and education
• Housing for middle
income families
• Expanded transportation
alternatives and demand
management
34. Key tasks:
1. Create a square for Kendall Square
• Double “retail” SF
• New generation of cafés, music, arts
• 1,500 to 2,000 new housing units within a 5-minute walk
40. 3. Accommodate growing
diversity of innovation
• Life sciences likely to represent half or Research Triangle (NC)
projections:
less of new tenants over the next
decade
• IT, materials technology, environmental
sciences likely to represent roughly one-
third
• Scientific associations, finance, services
likely to represent the balance
• Sharp shift from last 20 years’ pattern in
Kendall and most innovation districts
42. 4. Resolve potential contradictions…e.g.
large floorplates and lively character
Upper level
connections:
• Distinguish from
building volume
with setbacks,
transparency
• Public
connections
remain at street
level
Alexandria REIT development